PERFECT OPTIC

Active

Private limited company (pre-2019)founded 1994active for 31 yearsArdense Jagersplein 26, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0453.748.281

Summary

The computed 12-month bankruptcy probability of PERFECT OPTIC is 6.5% (elevated). The 2015 annual accounts show negative equity (-€59,254) and a net result of -€20,385. Equity is shrinking by about 127% per year across the filed financial years. The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

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PERFECT OPTICActive

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Financials · financial year 2015, full format

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

-€20,385▲ 16.3%

2014 · -€24,349

Working capital

-€47,008▼ 74.2%

2014 · -€26,983

Trend over the years

Last 5 years All years

2011 to 2015, 5 financial years 2011 to 2015, 5 financial years

The operating result stays negative: a loss of €20,232 in 2015 against €24,314 in 2014; the loss shrinks.

Turnover and resultEquity and debtWorking capital

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€20,232 2015 Net result-€20,385 2015

Every figure with its change against the financial year before

favourable unfavourable

Line20112012201320142015

Operating result-€4,214--€2,642▲ 37.3%-€16,548▼ 526%-€24,314▼ 46.9%-€20,232▲ 16.8%

Net result-€4,380--€2,556▲ 41.6%-€16,565▼ 548%-€24,349▼ 47.0%-€20,385▲ 16.3%

Equity€4,601-€2,045▼ 55.6%-€14,520-€38,869▼ 168%-€59,254▼ 52.4%

Total assets€35,394-€36,498▲ 3.1%€44,866▲ 22.9%€40,426▼ 9.9%€39,213▼ 3.0%

Debt€30,793-€34,453▲ 11.9%€59,386▲ 72.4%€79,295▲ 33.5%€98,466▲ 24.2%

Working capital€24,430-€21,874▼ 10.5%-€7,153-€26,983▼ 277%-€47,008▼ 74.2%

Balance-sheet composition

2015 in colour, 2014 as the grey bar beneath

Assets €39,213

19.8%

80.2%

Fixed assets €7,754 ▼ 18.5%

Current assets €31,459 ▲ 1.8%

Equity and liabilities

Equity-€59,254

Debt€98,466

Equity is negative: debt (€98,466) exceeds the balance-sheet total (€39,213).

Key figures and ratios

2015 value · change against 2014

EBITDA

-€16,779▲

2014 · -€21,199

Cash flow

-€16,931▲

2014 · -€21,233

Solvency

-151.1%▼

2014 · -96.1%

Current ratio

0.40▼

2014 · 0.53

Quick ratio

0.04▲

2014 · 0.03

ROA

-52.0%▲

2014 · -60.2%

Debt ≤ 1 year

€78,466▲

2014 · €57,891

Debt > 1 year

€20,000=

2014 · €20,000

Income taxes

€53▼

2014 · €72

No debt to equity: equity is negative, so debt divided by equity means nothing.

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

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2015 against 2014 · 26 lines

Balance sheet Code20142015

Assets

Total assets20/58€40,426€39,213▼

Fixed assets21/28€9,517€7,754▼

Tangible fixed assets22/27€9,346€7,583▼

Financial fixed assets28€171€171=

Current assets29/58€30,909€31,459▲

Stocks and contracts in progress3€29,097€28,697▼

Amounts receivable within one year40/41€684€491▼

Cash at bank and in hand54/58€1,090€1,647▲

Equity and liabilities

Total equity and liabilities10/49€40,426€39,213▼

Equity10/15-€38,869-€59,254▼

Contributions10/11€30,987€30,987=

Reserves13€3,099€3,099=

Profit (loss) carried forward14-€72,954-€93,339▼

Amounts payable17/49€79,295€98,466▲

Amounts payable after more than one year17€20,000€20,000=

Amounts payable within one year42/48€57,891€78,466▲

Trade debts44€3,965€3,358▼

Income statement Code20142015

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,115€3,453▲

Gross operating margin9900-€20,854-€16,465▲

Operating profit (loss)9901-€24,314-€20,232▲

Recurring financial income75€3€5▲

Recurring financial charges65€115€200▲

Profit (loss) for the period before taxes9903-€24,276-€20,332▲

Income taxes67/77€72€53▼

Profit (loss) for the period9904-€24,349-€20,385▲

Profit (loss) for the period to be appropriated9905-€24,349-€20,385▲

Line	2011	2012	2013	2014	2015	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	-	-	€3,115	€3,115	€3,453	▲ 10.8%
Gross operating margin9900	-€4,125	-€2,521	-€13,029	-€20,854	-€16,465	▲ 21.0%
Operating profit (loss)9901	-€4,214	-€2,642	-€16,548	-€24,314	-€20,232	▲ 16.8%
Recurring financial income75	€16	€91	€15	€3	€5	▲ 96.0%
Recurring financial charges65	€180	€155	€129	€115	€200	▲ 74.0%
Profit (loss) for the period before taxes9903	-€4,379	-€2,556	-€16,513	-€24,276	-€20,332	▲ 16.2%
Income taxes67/77	€1	€0	€52	€72	€53	▼ 26.5%
Profit (loss) for the period9904	-€4,380	-€2,556	-€16,565	-€24,349	-€20,385	▲ 16.3%
Profit (loss) for the period to be appropriated9905	-€4,380	-€2,556	-€16,565	-€24,349	-€20,385	▲ 16.3%

Line	2011	2012	2013	2014	2015	Change
Assets
Total assets20/58	€35,394	€36,498	€44,866	€40,426	€39,213	▼ 3.0%
Fixed assets21/28	€171	€171	€12,633	€9,517	€7,754	▼ 18.5%
Tangible fixed assets22/27	-	-	€12,462	€9,346	€7,583	▼ 18.9%
Financial fixed assets28	€171	€171	€171	€171	€171	=
Current assets29/58	€35,223	€36,327	€32,233	€30,909	€31,459	▲ 1.8%
Stocks and contracts in progress3	€34,387	€32,389	€28,939	€29,097	€28,697	▼ 1.4%
Amounts receivable within one year40/41	-	€727	€713	€684	€491	▼ 28.3%
Cash at bank and in hand54/58	€836	€2,739	€2,581	€1,090	€1,647	▲ 51.1%
Equity and liabilities
Total equity and liabilities10/49	€35,394	€36,498	€44,866	€40,426	€39,213	▼ 3.0%
Equity10/15	€4,601	€2,045	-€14,520	-€38,869	-€59,254	▼ 52.4%
Contributions10/11	€30,987	€30,987	€30,987	€30,987	€30,987	=
Reserves13	€3,099	€3,099	€3,099	€3,099	€3,099	=
Profit (loss) carried forward14	-€29,485	-€32,041	-€48,606	-€72,954	-€93,339	▼ 27.9%
Amounts payable17/49	€30,793	€34,453	€59,386	€79,295	€98,466	▲ 24.2%
Amounts payable after more than one year17	€20,000	€20,000	€20,000	€20,000	€20,000	=
Amounts payable within one year42/48	€10,793	€14,453	€39,386	€57,891	€78,466	▲ 35.5%
Trade debts44	€5,856	€7,463	€2,831	€3,965	€3,358	▼ 15.3%

Line	2011	2012	2013	2014	2015	Change
Profit (loss) for the period9904	-€4,380	-€2,556	-€16,565	-€24,349	-€20,385	▲ 16.3%
+ Depreciation and write-downs630	-	-	€3,115	€3,115	€3,453	▲ 10.8%
Operating cash flow (approximation)	-€4,380	-€2,556	-€13,449	-€21,233	-€16,931	▲ 20.3%
Investment in fixed assets (approximation)	-	€0	-€15,577	€0	-€1,690	-
Change in cash	-	€1,903	-€158	-€1,491	€557	-

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

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Latest 10 of 21 filings with the National Bank

Financial year	Type	Filed	Reference
31-12-2015	full format	27-06-2016	2016-22700352
31-12-2014	full format	26-05-2015	2015-13000569
31-12-2013	full format	01-07-2014	2014-25800225
31-12-2012	full format	27-05-2013	2013-13300439
31-12-2011	full format	29-05-2012	2012-13100383
31-12-2010	full format	23-05-2011	2011-12100267
31-12-2009	full format	30-07-2010	2010-37100565
31-12-2008	full format	19-05-2009	2009-15400114
31-12-2007	full format	20-06-2008	2008-26200320
31-12-2006	full format	14-05-2007	2007-14500060

Show all 21 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.