Equity
Equity fell by 73% in 6 years.
Equity fell by 73% in 6 years.
Of this, €2.3m falls due within a year.
Ten of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.
Absorbed by LESAFFRE in July 2019. The last annual accounts are for financial year 2018.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €4.3m. Estimated: probably between €2.9m and €7.1m.
Staff costs divided by the average number of full-time equivalents.
In 2018, 2 people joined and 1 left.
| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
3.1m | 5.0m | 4.6m | 6.2m | 5.1m | 6.3m | 7.8m | 8.9m | 6.3m | 5.5m | 2.7m | 3.8m | 4.3m | |
21/28 |
2.8m | 3.5m | 4.4m | 5.5m | 4.1m | 5.0m | 5.8m | 7.1m | 4.7m | 4.0m | 2.3m | 3.0m | 3.2m | |
22/27 |
1.5m | 2.2m | 3.0m | 4.1m | 2.7m | 3.6m | 4.4m | 5.7m | 3.3m | 2.6m | 942,363 | 1.6m | 1.8m | |
22 |
445,517 | 545,669 | 555,956 | 614,063 | 729,888 | 830,797 | 41,564 | 49,327 | 57,091 | 56,477 | 11,595 | 13,492 | 15,389 | |
23 |
244,012 | 271,953 | 205,692 | 2.7m | 187,663 | 164,137 | 147,322 | 197,787 | 118,471 | 93,011 | 85,904 | 94,449 | 173,112 | |
24 |
- | - | 569 | 1,755 | 3,305 | 21,225 | 32,640 | 42,936 | 18,930 | 7,724 | 19,241 | 29,660 | 40,451 | |
28 |
1.4m | 1.4m | 1.4m | 1.4m | 1.3m | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | |
29/58 |
279,715 | 1.5m | 262,553 | 700,576 | 972,602 | 1.3m | 2.0m | 1.8m | 1.6m | 1.5m | 446,901 | 883,254 | 1.1m | |
3 |
77,487 | 40,764 | 33,482 | 35,909 | 32,941 | 42,695 | 51,241 | 23,798 | 24,273 | 23,883 | 7,480 | 10,938 | 17,924 | |
30/36 |
77,487 | 40,764 | 33,482 | 35,909 | 32,941 | 42,695 | 51,241 | 23,798 | 24,273 | 23,883 | 7,480 | 10,938 | 17,924 | |
40/41 |
145,956 | 1.4m | 4,300 | 332,222 | 670,638 | 616,398 | 1.6m | 1.1m | 1.1m | 1.5m | 36,290 | - | 83,109 | |
40 |
137,374 | 1.1m | 3,800 | 332,222 | 382,068 | 232,404 | 594,797 | 144,871 | 108,871 | 503,315 | 36,290 | - | 65,082 | |
41 |
8,582 | 235,605 | 500 | - | 288,570 | 383,994 | 1.0m | 967,057 | 967,057 | 967,057 | - | - | 18,027 | |
50/53 |
- | 571 | 200,571 | 200,570 | 200,570 | 237,563 | 304,269 | 553,333 | 426,183 | - | 379,214 | 814,962 | 804,454 | |
54/58 |
55,108 | 41,127 | 20,164 | 131,252 | 60,675 | 404,726 | 9,442 | 71,592 | 30,395 | 21,487 | 6,831 | 22,404 | 202,860 | |
490/1 |
1,164 | 4,806 | 4,036 | 623 | 7,778 | 2,742 | 46,849 | 51,675 | 16,490 | 13,617 | 17,086 | 34,950 | 13,166 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
3.1m | 5.0m | 4.6m | 6.2m | 5.1m | 6.3m | 7.8m | 8.9m | 6.3m | 5.5m | 2.7m | 3.8m | 4.3m | |
10/15 |
381,709 | 381,103 | 554,311 | 680,481 | 852,971 | 803,690 | 1.4m | 742,006 | 820,741 | 620,856 | 486,368 | 552,467 | 737,380 | |
10/11 |
63,027 | 63,027 | 63,027 | 63,027 | 63,027 | 63,027 | 63,027 | 63,027 | 63,027 | 63,027 | 63,026 | 63,027 | 63,027 | |
100 |
125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | |
101 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,974 | 61,973 | 61,973 | |
13 |
12,500 | 31,750 | 89,504 | 155,509 | 285,902 | 397,245 | 532,277 | 667,321 | 353,329 | 177,783 | 39,119 | 73,477 | 130,448 | |
130 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
132 |
- | 19,250 | 77,004 | 143,009 | 273,402 | 384,745 | 519,777 | 654,821 | 340,829 | 165,283 | 26,619 | 60,977 | 117,948 | |
14 |
250,783 | 120,507 | 352,237 | 373,189 | 376,073 | 168,618 | 604,706 | 11,658 | 404,385 | 380,046 | 378,685 | 369,931 | 371,526 | |
15 |
55,399 | 165,819 | 49,543 | 88,756 | 127,969 | 174,800 | 236,998 | - | - | - | 5,538 | 46,032 | 172,379 | |
16 |
- | 9,917 | 39,663 | 73,658 | 140,823 | 198,174 | 267,728 | 337,288 | 175,526 | 85,145 | 128,191 | 43,922 | 60,761 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | 114,479 | 12,510 | - | |
168 |
- | 9,917 | 39,663 | 73,658 | 140,823 | 198,174 | 267,728 | 337,288 | 175,526 | 85,145 | 13,712 | 31,412 | 60,761 | |
17/49 |
2.7m | 4.6m | 4.0m | 5.4m | 4.1m | 5.3m | 6.1m | 7.8m | 5.3m | 4.8m | 2.1m | 3.2m | 3.5m | |
17 |
386,719 | 781,995 | 1.4m | 2.4m | 1.9m | 2.7m | 3.7m | 4.9m | 3.3m | 2.7m | 814,101 | 1.1m | 1.2m | |
170/4 |
386,719 | 781,995 | 1.4m | 2.4m | 1.9m | 2.7m | 3.7m | 4.9m | 3.3m | 2.7m | 814,101 | 1.1m | 1.2m | |
42/48 |
2.3m | 3.8m | 2.6m | 3.0m | 2.2m | 2.5m | 2.3m | 2.9m | 2.0m | 2.1m | 1.3m | 2.1m | 2.3m | |
42 |
411,251 | 610,012 | 977,083 | 1.4m | 856,827 | 1.2m | 1.2m | 1.2m | 718,073 | 519,463 | 277,148 | 1.2m | 1.6m | |
43 |
- | 130,046 | 127,903 | 142,256 | - | 80,000 | 30,876 | 184,580 | 149,201 | 269,629 | 90,909 | 16,180 | - | |
430/8 |
- | 130,046 | 127,903 | 142,256 | - | 80,000 | 30,876 | 184,580 | 149,201 | 269,629 | 90,909 | 16,180 | - | |
44 |
1.1m | 840,889 | 574,438 | 492,239 | 234,666 | 1.1m | 440,722 | 383,101 | 496,656 | 470,174 | 522,344 | 544,400 | 338,139 | |
440/4 |
1.1m | 840,889 | 574,438 | 492,239 | 234,666 | 1.1m | 440,722 | 383,101 | 496,656 | 470,174 | 522,344 | 533,569 | 338,139 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | 10,831 | - | |
46 |
209,250 | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
572,602 | 452,554 | 371,933 | 324,382 | 368,565 | 192,518 | 223,976 | 226,468 | 342,498 | 206,628 | 335,115 | 231,562 | 387,929 | |
450/3 |
311,852 | 31,198 | 68,009 | 47,445 | 126,798 | 2,392 | 45,894 | 33,390 | 169,483 | 46,162 | 61,363 | 4,338 | 121,474 | |
454/9 |
260,750 | 421,356 | 303,924 | 276,937 | 241,767 | 190,126 | 178,082 | 193,078 | 173,015 | 160,466 | 273,752 | 227,224 | 266,455 | |
47/48 |
- | 1.8m | 592,676 | 728,295 | 695,192 | - | 436,990 | 917,000 | 282,972 | 674,096 | 80,000 | 190,000 | - | |
492/3 |
1,083 | 9,750 | 13,225 | 14,234 | 11,976 | 20,823 | 14,309 | - | 8,519 | 11,011 | 10,923 | 7,957 | 10,924 | |
| Income statement | ||||||||||||||
76A |
- | - | 3,719 | - | - | - | - | 611,289 | 356,198 | 375,698 | - | 1,161 | - | |
9900 |
2.5m | 2.4m | 2.6m | 2.2m | 2.7m | 2.4m | 2.8m | 2.8m | 2.6m | 3.1m | 2.7m | 2.8m | 3.3m | |
62 |
1.7m | 1.7m | 1.5m | 1.4m | 1.6m | 1.7m | 1.6m | 1.7m | 1.7m | 1.9m | 1.8m | 1.6m | 1.7m | |
630 |
806,787 | 1.1m | 1.2m | 772,894 | 881,350 | 1.2m | 1.2m | 981,769 | 780,845 | 1.2m | 698,655 | 1.3m | 1.5m | |
631/4 |
- | - | - | - | - | - | - | - | 6,298 | 29,991 | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | -114,478 | 101,969 | 12,510 | - | |
640/8 |
1,509 | 9,394 | 14,873 | 9,377 | 14,610 | 33,920 | 13,507 | 16,144 | 13,998 | 15,459 | 21,027 | 12,889 | 18,267 | |
66A |
- | - | - | 35,271 | 13,111 | - | - | - | - | - | - | - | - | |
9901 |
27,822 | -395,373 | -48,640 | -50,148 | 174,572 | -491,002 | 34,967 | 99,703 | 132,706 | 36,405 | 19,144 | -119,941 | 134,646 | |
75/76B |
104,073 | 265,601 | 39,498 | 39,227 | 52,618 | 62,783 | 638,680 | 36,286 | 3,179 | 19,786 | 45,394 | 150,902 | 286,662 | |
75 |
104,073 | 265,601 | 39,498 | 39,227 | 52,618 | 62,783 | 638,680 | 36,286 | 3,179 | 19,786 | 45,394 | 150,902 | 286,662 | |
65/66B |
30,787 | 89,456 | 111,810 | 154,018 | 174,722 | 208,903 | 291,159 | 244,938 | 183,500 | 213,801 | 101,381 | 115,866 | 176,957 | |
65 |
30,787 | 89,456 | 111,810 | 154,018 | 174,722 | 208,903 | 291,159 | 244,938 | 183,500 | 213,801 | 101,381 | 115,866 | 176,957 | |
9903 |
101,108 | -219,228 | -120,952 | -200,210 | 39,357 | -637,122 | 382,488 | 502,340 | 308,583 | 218,088 | -36,843 | -83,744 | 244,351 | |
67/77 |
- | - | - | 232 | 596 | 3,552 | -5,973 | 19,314 | 18,317 | 6,630 | 6,461 | 4,171 | 125,876 | |
9904 |
111,025 | -189,482 | -86,957 | -133,277 | 96,112 | -571,120 | 458,015 | 321,265 | 199,885 | 140,025 | -25,604 | -58,566 | 147,823 | |
789 |
19,250 | 57,754 | 66,005 | 130,393 | 111,343 | 135,032 | 135,033 | 84,978 | 55,489 | 109,297 | 34,358 | 56,971 | 56,971 | |
689 |
- | - | - | - | - | - | - | 398,970 | 231,035 | 247,961 | - | - | - | |
9905 |
130,275 | -131,728 | -20,952 | -2,884 | 207,455 | -436,088 | 593,048 | 7,273 | 24,339 | 1,361 | 8,754 | -1,595 | 204,794 | |
| Appropriation of the result | ||||||||||||||
9906 |
250,783 | 220,507 | 352,237 | 373,189 | 376,073 | 168,618 | 604,706 | 411,658 | 404,385 | 380,046 | 378,685 | 369,931 | 372,685 | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,159 | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,053 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 106 | |
694/7 |
- | 100,000 | - | - | - | - | - | 400,000 | - | - | - | - | - | |
694 |
- | 100,000 | - | - | - | - | - | 400,000 | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
29.8 | 27.9 | 26.4 | 26 | 27.4 | 26.9 | 28.1 | 27.3 | 29.2 | 30.2 | 29.8 | 29 | 29.9 | |
Hours worked1013 |
43,162 | 42,025 | 38,293 | 39,026 | 40,800 | 42,318 | 40,506 | 44,294 | 47,545 | 54,267 | 48,492 | 44,344 | 48,234 | |
| Document | ||||||||||||||
The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2018 (PDF), filed on 14-08-2019.
2018 annual accounts filed 14 days after the deadline. Filed on 14 August 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-46600361.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2018 | full format | 14-08-2019 | 2019-46600361 | |
| 31-12-2017 | full format | 30-08-2018 | 2018-60300046 | |
| 31-12-2016 | full format | 18-08-2017 | 2017-45800277 | |
| 31-12-2015 | full format | 22-08-2016 | 2016-45100145 | |
| 31-12-2014 | full format | 11-08-2015 | 2015-41600499 | |
| 31-12-2013 | full format | 07-08-2014 | 2014-41100451 | |
| 31-12-2012 | full format | 12-08-2013 | 2013-41700234 | |
| 31-12-2011 | full format | 21-08-2012 | 2012-43000164 | |
| 31-12-2010 | full format | 11-08-2011 | 2011-39700280 | |
| 31-12-2009 | full format | 26-08-2010 | 2010-46700352 | |
| 31-10-2008 | full format | 10-07-2009 | 2009-40100321 | |
| 31-10-2007 | full format | 27-06-2008 | 2008-31000191 | |
| 31-10-2006 | full format | 21-06-2007 | 2007-27600357 | |
| 31-10-2005 | full format | 28-04-2006 | 2006-12604469 | |
| 31-10-2004 | full format | 26-04-2005 | 2005-12802518 | |
| 31-10-2003 | full format | 07-05-2004 | 2004-13801484 | |
| 31-10-2002 | full format | 29-04-2003 | 2003-12100034 | |
| 31-10-2001 | full format | 16-10-2002 | 2002-66400770 | |
| 30-04-2000 | full format | 02-10-2000 | 2000-60701606 | |
| 30-04-1999 | full format | 25-10-1999 | 1999-54802546 | |
| 30-04-1998 | full format | 12-11-1998 | 1998-57101004 |
| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 834,609 | 707,270 | 1.1m | 722,746 | 1.1m | 710,167 | 1.3m | 1.1m | 913,551 | 1.2m | 717,799 | 1.2m | 1.6m | ||
| 917,812 | 913,161 | 1.1m | 639,617 | 977,462 | 630,049 | 1.7m | 1.3m | 980,730 | 1.3m | 673,051 | 1.2m | 1.6m | ||
| 2.3m | 2.0m | 92,009 | 2.2m | 1.3m | 913,011 | 1,121 | 3.3m | 1.5m | 2.9m | 290 | 1.1m | 108,280 | ||
| 13,981 | 20,963 | -111,088 | 70,577 | -344,051 | 395,284 | -62,150 | 41,197 | 8,908 | 14,656 | -15,573 | -180,456 | - | ||
| -2.1m | -2.3m | -2.4m | -2.3m | -1.2m | -1.2m | -326,711 | -1.1m | -416,131 | -610,631 | -858,615 | -1.3m | -1.2m | ||
| 12.3% | 7.6% | 11.9% | 11.0% | 16.8% | 12.8% | 18.5% | 8.4% | 13.0% | 11.2% | 17.7% | 14.4% | 17.2% | ||
| 0.12 | 0.39 | 0.10 | 0.23 | 0.45 | 0.51 | 0.86 | 0.63 | 0.79 | 0.71 | 0.34 | 0.41 | 0.48 | ||
| 0.09 | 0.38 | 0.09 | 0.22 | 0.44 | 0.49 | 0.84 | 0.62 | 0.78 | 0.70 | 0.34 | 0.41 | 0.47 | ||
| 7.12 | 12.05 | 7.31 | 7.97 | 4.77 | 6.55 | 4.22 | 10.50 | 6.46 | 7.76 | 4.38 | 5.87 | 4.74 | ||
| 29.1% | -49.7% | -15.7% | -19.6% | 11.3% | -71.1% | 31.9% | 43.3% | 24.4% | 22.6% | -5.3% | -10.6% | 20.0% | ||
| 3.6% | -3.8% | -1.9% | -2.2% | 1.9% | -9.1% | 5.9% | 3.6% | 3.2% | 2.5% | -0.9% | -1.5% | 3.4% |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2018 is a profit of €27,822, after a loss of €395,373 in 2017. It is the highest result since 2014.
Debt's share of the balance-sheet total falls from 92.2% to 87.7%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2018 accounts. Every holding stands with its own latest accounts.
See the function holders in the KBO register.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
A capital increase in 2019 brought the capital to €525,000.1 EUROLIURE-Reliure et Brochage industriels was merged into OFFSET 8 in 2019.1 In 2019 the company was absorbed by merger into LESAFFRE.2
Articles of association, deed of 05-06-2019 (in French)
OFFSET 8 is no longer in the KBO register. LESAFFRE took it over in a merger by absorption, published in the Belgian Official Gazette on 1 August 2019.
If something looks wrong or is missing, please tell us.