PHAEBRIEK
InactiveFinancials · financial year 2014, abbreviated format
Annual accounts 2014 filed on 08-10-2015 PDF all 2 filings
Turnover
≈ €110,000
Estimated: probably between €57,000 and €200,000
Total assets
€137,973▼ 18.1%
2013 · €168,554
Net result
-€85,134
2013 · €11,748
Working capital
-€101,825▼ 266%
2013 · -€27,827
Trend over the years
2013 to 2014, 2 financial years
The operating result for 2014 is a loss of €82,882, after a profit of €18,904 in 2013.
Operating result-€82,882
2014
Net result-€85,134
2014
Total assets€137,973
2014
Equity-€67,186
2014
Debt€205,159
2014
Working capital-€101,825
2014
Staff (FTE)3.3
2014
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014
Operating result€18,904--€82,882
Net result€11,748--€85,134
Equity€17,948--€67,186
Total assets€168,554-€137,973▼ 18.1%
Debt€150,606-€205,159▲ 36.2%
Working capital-€27,827--€101,825▼ 266%
Staff (FTE)1-3.3▲ 230%
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €137,973
Fixed assets
€51,589 ▼ 27.9%
Current assets
€86,384 ▼ 10.9%
Equity and liabilities
Equity-€67,186
Debt€205,159
Equity is negative. Debt (€205,159) exceeds the balance-sheet total (€137,973).
Key figures and ratios
EBITDA
-€62,903▼
2013 · €43,971
Cash flow
-€65,155▼
2013 · €36,816
Solvency
-48.7%▼
2013 · 10.6%
Current ratio
0.46▼
2013 · 0.78
ROA
-61.7%▼
2013 · 7.0%
Debt ≤ 1 year
€188,210▲
2013 · €124,813
Debt > 1 year
€16,949▼
2013 · €25,793
Income taxes
-€34▼
2013 · €4,203
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,068 | €19,979 | ▼ 20.3% |
| Gross operating margin9900 | €103,357 | €30,044 | ▼ 70.9% |
| Operating profit (loss)9901 | €18,904 | -€82,882 | - |
| Recurring financial income75 | €77 | - | - |
| Recurring financial charges65 | €3,029 | €2,286 | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €15,951 | -€85,169 | - |
| Income taxes67/77 | €4,203 | -€34 | - |
| Profit (loss) for the period9904 | €11,748 | -€85,134 | - |
| Profit (loss) for the period to be appropriated9905 | €11,748 | -€85,134 | - |
| Line | 2013 | 2014 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €168,554 | €137,973 | ▼ 18.1% |
| Formation expenses20 | €806 | €591 | ▼ 26.7% |
| Fixed assets21/28 | €71,568 | €51,589 | ▼ 27.9% |
| Tangible fixed assets22/27 | €70,164 | €50,400 | ▼ 28.2% |
| Financial fixed assets28 | €598 | €598 | = |
| Current assets29/58 | €96,986 | €86,384 | ▼ 10.9% |
| Amounts receivable within one year40/41 | €72,243 | €77,480 | ▲ 7.2% |
| Cash at bank and in hand54/58 | €15,815 | €2,735 | ▼ 82.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €168,554 | €137,973 | ▼ 18.1% |
| Equity10/15 | €17,948 | -€67,186 | - |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €10,860 | €10,860 | = |
| Profit (loss) carried forward14 | €888 | -€84,246 | - |
| Amounts payable17/49 | €150,606 | €205,159 | ▲ 36.2% |
| Amounts payable after more than one year17 | €25,793 | €16,949 | ▼ 34.3% |
| Amounts payable within one year42/48 | €124,813 | €188,210 | ▲ 50.8% |
| Trade debts44 | €103,110 | €131,071 | ▲ 27.1% |
| Line | 2013 | 2014 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €11,748 | -€85,134 | - |
| + Depreciation and write-downs630 | €25,068 | €19,979 | ▼ 20.3% |
| Operating cash flow (approximation) | €36,816 | -€65,155 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€13,080 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.