NVH
Bankruptcy closedSummary
NVH was declared bankrupt on 07-07-2017 (Rechtbank van koophandel Gent, afdeling Ieper); the bankruptcy was closed for insufficient assets by judgment of 01-10-2024, published in the Belgian Official Gazette on 04-10-2024. The 2015 annual accounts show equity of €72,715 and a net result of €13,374.
Financials · financial year 2015, abbreviated format
Equity
€72,715▲ 22.5%
2014 · €59,341
Total assets
€217,649▲ 26.8%
2014 · €171,589
Net result
€13,374▼ 36.2%
2014 · €20,957
Working capital
€59,047▲ 21.2%
2014 · €48,735
Trend over the years
2012 to 2015, 4 financial years
The operating result falls in 2015; 2015 is 15% below 2014.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€41,503
2015
Net result€13,374
2015
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€217,649
2015
Equity€72,715
2015
Debt€144,934
2015
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€59,047
2015
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2012201320142015
Operating result€11,782-€29,933▲ 154%€49,088▲ 64.0%€41,503▼ 15.5%
Net result€5,592-€15,933▲ 185%€20,957▲ 31.5%€13,374▼ 36.2%
Equity€22,451-€38,384▲ 71.0%€59,341▲ 54.6%€72,715▲ 22.5%
Total assets€68,130-€149,224▲ 119%€171,589▲ 15.0%€217,649▲ 26.8%
Debt€45,679-€110,839▲ 143%€112,248▲ 1.3%€144,934▲ 29.1%
Working capital€1,467-€18,011▲ 12×€48,735▲ 171%€59,047▲ 21.2%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €217,649
Fixed assets
€18,677 ▼ 12.8%
Current assets
€198,972 ▲ 32.5%
Equity and liabilities €217,649
Equity
€72,715 ▲ 22.5%
Debt
€144,934 ▲ 29.1%
Debt's share of the balance-sheet total rises from 65.4% to 66.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,239▼
2014 · €52,772
Cash flow
€17,110▼
2014 · €24,641
Current ratio
1.42▼
2014 · 1.48
Debt to equity
0.07▼
2014 · 0.18
ROE
18.4%▼
2014 · 35.3%
ROA
6.1%▼
2014 · 12.2%
Debt ≤ 1 year
€139,925▲
2014 · €101,445
Debt > 1 year
€5,009▼
2014 · €10,803
Income taxes
€13,837▼
2014 · €15,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,871 | €8,099 | €3,684 | €3,736 | ▲ 1.4% |
| Gross operating margin9900 | €21,957 | €40,795 | €58,459 | €49,442 | ▼ 15.4% |
| Operating profit (loss)9901 | €11,782 | €29,933 | €49,088 | €41,503 | ▼ 15.5% |
| Recurring financial income75 | €0 | €392 | €1,033 | €463 | ▼ 55.1% |
| Recurring financial charges65 | €746 | €1,846 | €5,052 | €7,255 | ▲ 43.6% |
| Profit (loss) for the period before taxes9903 | €11,036 | €28,479 | €36,684 | €27,211 | ▼ 25.8% |
| Income taxes67/77 | €5,444 | €12,546 | €15,727 | €13,837 | ▼ 12.0% |
| Profit (loss) for the period9904 | €5,592 | €15,933 | €20,957 | €13,374 | ▼ 36.2% |
| Profit (loss) for the period to be appropriated9905 | €5,592 | €15,933 | €20,957 | €13,374 | ▼ 36.2% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €68,130 | €149,224 | €171,589 | €217,649 | ▲ 26.8% |
| Fixed assets21/28 | €42,701 | €36,743 | €21,410 | €18,677 | ▼ 12.8% |
| Tangible fixed assets22/27 | €25,961 | €19,003 | €3,670 | €10,937 | ▲ 198% |
| Financial fixed assets28 | €16,740 | €17,740 | €17,740 | €7,740 | ▼ 56.4% |
| Current assets29/58 | €25,429 | €112,481 | €150,179 | €198,972 | ▲ 32.5% |
| Stocks and contracts in progress3 | - | €37,294 | €54,699 | €5,805 | ▼ 89.4% |
| Amounts receivable within one year40/41 | €15,782 | €60,852 | €71,812 | €183,062 | ▲ 155% |
| Cash at bank and in hand54/58 | €8,647 | €12,863 | €21,265 | €8,387 | ▼ 60.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €68,130 | €149,224 | €171,589 | €217,649 | ▲ 26.8% |
| Equity10/15 | €22,451 | €38,384 | €59,341 | €72,715 | ▲ 22.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,851 | €19,784 | €40,741 | €54,115 | ▲ 32.8% |
| Profit (loss) carried forward14 | -€3,709 | -€1,741 | - | - | - |
| Amounts payable17/49 | €45,679 | €110,839 | €112,248 | €144,934 | ▲ 29.1% |
| Amounts payable after more than one year17 | €21,717 | €16,370 | €10,803 | €5,009 | ▼ 53.6% |
| Amounts payable within one year42/48 | €23,962 | €94,470 | €101,445 | €139,925 | ▲ 37.9% |
| Trade debts44 | €1,733 | €69,373 | €56,946 | €125,850 | ▲ 121% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,592 | €15,933 | €20,957 | €13,374 | ▼ 36.2% |
| + Depreciation and write-downs630 | €7,871 | €8,099 | €3,684 | €3,736 | ▲ 1.4% |
| Operating cash flow (approximation) | €13,463 | €24,032 | €24,641 | €17,110 | ▼ 30.6% |
| Investment in fixed assets (approximation) | - | -€2,141 | €11,649 | -€1,003 | - |
| Change in cash | - | €4,216 | €8,402 | -€12,878 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2015 | abbreviated format | 25-04-2016 | 2016-10700047 |
| 31-12-2014 | abbreviated format | 09-03-2015 | 2015-05800565 |
| 31-12-2013 | abbreviated format | 11-03-2014 | 2014-06200215 |
| 31-12-2012 | abbreviated format | 19-04-2013 | 2013-09200389 |
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Of the 3,969 active companies whose main activity is plastering work (NACE 43310), figures are known for 1,739. 1,523 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.