ORBOFISK

Inactive

KBO/BCE: BE 0415.096.850

Inactive; last annual accounts for fiscal year 2009.

Risk analysis Watch Report Compare

ORBOFISKInactive

Risk analysis Report Compare

Signals

1 signal. The signal on the left, the evidence on the right.

○neutral

Latest accounts filed on time

The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 23-04-2010, 99 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2009

99 d early

2008

27 d early

2007

27 d early

2006

29 d late

2005

41 d early

2004

34 d early

2003

57 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2009, abbreviated schema

Equity

€1.04M▲ 37.5%

2008 · €756k

2006: €305klowest in 4 years 2007: €503k▲ +64.8% vs 2006 2008: €756k▲ +50.3% vs 2007 2009: €1.04M▲ +37.5% vs 2008highest in 4 years

2006 → 2009

Total assets

€1.12M▲ 26.8%

2008 · €886k

2006: €538klowest in 4 years 2007: €619k▲ +15.0% vs 2006 2008: €886k▲ +43.1% vs 2007 2009: €1.12M▲ +26.8% vs 2008highest in 4 years

2006 → 2009

Net result

€283k▲ 11.9%

2008 · €253k

2006: €4klowest in 4 years 2007: €198k▲ +4584% vs 2006 2008: €253k▲ +28.0% vs 2007 2009: €283k▲ +11.9% vs 2008highest in 4 years

2006 → 2009

Working capital

€1.01M▲ 34.4%

2008 · €755k

2006: €314klowest in 4 years 2007: €503k▲ +60.0% vs 2006 2008: €755k▲ +50.2% vs 2007 2009: €1.01M▲ +34.4% vs 2008highest in 4 years

2006 → 2009

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2006200720082009Trend

Equity€305k-€503k▲ 64.8%€756k▲ 50.3%€1.04M▲ 37.5% 2006: €305klowest in 4 years 2007: €503k▲ +64.8% vs 2006 2008: €756k▲ +50.3% vs 2007 2009: €1.04M▲ +37.5% vs 2008highest in 4 years

Operating result€11k-€288k▲ 2,610%€353k▲ 22.4%€384k▲ 8.8% 2006: €11klowest in 4 years 2007: €288k▲ +2610% vs 2006 2008: €353k▲ +22.4% vs 2007 2009: €384k▲ +8.8% vs 2008highest in 4 years

Net result€4k-€198k▲ 4,584%€253k▲ 28.0%€283k▲ 11.9% 2006: €4klowest in 4 years 2007: €198k▲ +4584% vs 2006 2008: €253k▲ +28.0% vs 2007 2009: €283k▲ +11.9% vs 2008highest in 4 years

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2009 is 9% above 2008 and is the highest result in the available series.

Balance-sheet composition

2009 in colour, 2008 as the grey bar beneath

Assets €1.12M

97.8%

Fixed assets €25k ▲ 2,411%

Current assets €1.10M ▲ 24.1%

Equity and liabilities €1.12M

92.5%

Equity €1.04M ▲ 37.5%

Debt €85k ▼ 35.0%

Debt's share of the balance-sheet total falls from 14.7% to 7.5%. Equity is higher and debt is lower.

Key figures and ratios

2009 value · change against 2008

EBITDA

€389k▲

2008 · €354k

Cash flow

€288k▲

2008 · €254k

Current ratio

13.15▲

2008 · 6.82

Quick ratio

13.14▲

2008 · 6.81

ROE

27.3%▼

2008 · 33.5%

ROA

25.2%▼

2008 · 28.6%

Debt ≤ 1 year

€84k▼

2008 · €130k

Income taxes

€128k▲

2008 · €119k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2009 against 2008 · 25 lines

Balance sheet Code20082009

Assets

Total assets20/58€886k€1.12M▲

Fixed assets21/28€998€25k▲

Tangible fixed assets22/27€998€20k▲

Financial fixed assets28-€5k

Current assets29/58€885k€1.10M▲

Stocks and contracts in progress3€655€916▲

Amounts receivable within one year40/41€479k€537k▲

Current investments50/53€330k€525k▲

Cash at bank and in hand54/58€73k€30k▼

Equity and liabilities

Total equity and liabilities10/49€886k€1.12M▲

Equity10/15€756k€1.04M▲

Contributions10/11€20k€20k=

Reserves13€736k€1.02M▲

Amounts payable17/49€130k€85k▼

Amounts payable within one year42/48€130k€84k▼

Trade debts44€45k€558▼

Income statement Code20082009

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€928€5k▲

Gross operating margin9900€488k€523k▲

Operating profit (loss)9901€353k€384k▲

Recurring financial income75€22k€30k▲

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€372k€411k▲

Income taxes67/77€119k€128k▲

Profit (loss) for the period9904€253k€283k▲

Profit (loss) for the period to be appropriated9905€253k€283k▲

Accounts by statement

Income statement Balance sheet Cash flow

Line	2006	2007	2008	2009	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€4k	€2k	€928	€5k	▲ 466%
Gross operating margin9900	€215k	€475k	€488k	€523k	▲ 7.1%
Operating profit (loss)9901	€11k	€288k	€353k	€384k	▲ 8.8%
Recurring financial income75	€6k	€9k	€22k	€30k	▲ 35.6%
Recurring financial charges65	€768	€3k	€3k	€2k	▼ 23.0%
Profit (loss) for the period before taxes9903	€5k	€294k	€372k	€411k	▲ 10.6%
Income taxes67/77	€1k	€96k	€119k	€128k	▲ 7.8%
Profit (loss) for the period9904	€4k	€198k	€253k	€283k	▲ 11.9%
Profit (loss) for the period to be appropriated9905	€4k	€198k	€253k	€283k	▲ 11.9%

Line	2006	2007	2008	2009	Change
Assets
Total assets20/58	€538k	€619k	€886k	€1.12M	▲ 26.8%
Fixed assets21/28	€2k	€393	€998	€25k	▲ 2,411%
Tangible fixed assets22/27	€2k	€393	€998	€20k	▲ 1,881%
Financial fixed assets28	-	-	-	€5k	-
Current assets29/58	€536k	€619k	€885k	€1.10M	▲ 24.1%
Stocks and contracts in progress3	€2k	€1k	€655	€916	▲ 39.8%
Amounts receivable within one year40/41	€302k	€409k	€479k	€537k	▲ 12.0%
Current investments50/53	€170k	€156k	€330k	€525k	▲ 59.1%
Cash at bank and in hand54/58	€51k	€52k	€73k	€30k	▼ 59.5%
Equity and liabilities
Total equity and liabilities10/49	€538k	€619k	€886k	€1.12M	▲ 26.8%
Equity10/15	€305k	€503k	€756k	€1.04M	▲ 37.5%
Contributions10/11	€20k	€20k	€20k	€20k	=
Reserves13	€286k	€483k	€736k	€1.02M	▲ 38.5%
Provisions and deferred taxes16	€3k	-	-	-	-
Amounts payable17/49	€230k	€116k	€130k	€85k	▼ 35.0%
Amounts payable within one year42/48	€222k	€116k	€130k	€84k	▼ 35.6%
Trade debts44	€167k	€45k	€45k	€558	▼ 98.8%

Line	2006	2007	2008	2009	Change
Profit (loss) for the period9904	€4k	€198k	€253k	€283k	▲ 11.9%
+ Depreciation and write-downs630	€4k	€2k	€928	€5k	▲ 466%
Operating cash flow (approximation)	€8k	€200k	€254k	€288k	▲ 13.6%
Investment in fixed assets (approximation)	-	€0	€-2k	€-29k	▼ 1,812%
Change in cash	-	€719	€21k	€-43k	▼ 303%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 16Financial 4Gazette 2Filings 10

2010

23-04

NBB filing Annual accounts filed

fiscal year 2009 · abbreviated schema

14-04

State Gazette act General meeting · Merger

Accounting effect · Share cancellation

24-02

State Gazette act Merger

2009

31-12

Financial Highest result since 2006net €283k ▲11.9%

Operating result €384k, net result €283k, both a record.

31-12

Financial Equity above €1MEq €1.04M ▲37.5%

4 profitable years in a row build equity to €1.04M.

04-07

NBB filing Annual accounts filed

fiscal year 2008 · abbreviated schema

2008

04-07

NBB filing Annual accounts filed

fiscal year 2007 · abbreviated schema

2007

31-12

Financial Liquidity doublescurrent ratio 5.33

Current ratio from 2.42 to 5.33; short-term debt falls from €222k to €116k.

31-12

Financial Equity above €500kEq €503k ▲64.8%

2 profitable years in a row build equity to €503k.

29-08

NBB filing Annual accounts filed

fiscal year 2006 · abbreviated schema · 29 days late

2006

20-06

NBB filing Annual accounts filed

fiscal year 2005 · abbreviated schema

2005

27-06

NBB filing Annual accounts filed

fiscal year 2004 · abbreviated schema

Show earlier events

2004

04-06

NBB filing Annual accounts filed

fiscal year 2003 · abbreviated schema

2003

05-06

NBB filing Annual accounts filed

fiscal year 2002 · abbreviated schema

2002

13-06

NBB filing Annual accounts filed

fiscal year 2001 · abbreviated schema

2001

13-06

NBB filing Annual accounts filed

fiscal year 2000 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Acquisitions and mergers

1 transaction

Taken over by:DE KORTRIJKSE FIDUCIAIRE

BE 0455.718.965State Gazette act of 14-04-2010 (2 acts)