PIXELS & POINTS
Dissolution or liquidationFinancials · financial year 2018, micro format
2018 annual accounts filed late (27 days) Filed on 27 August 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-52700140.
Equity
€2,223
Total assets
€177,274
Net result
€32,402
Working capital
-€19,878
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €177,274
Fixed assets
€107,540
Current assets
€69,734
Equity and liabilities €177,274
Equity
€2,223
Debt
€175,051
Debt finances 98.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€40,736
Cash flow
€39,242
Current ratio
0.78
Debt to equity
38.44
ROA
18.3%
Debt ≤ 1 year
€89,612
Debt > 1 year
€85,440
A ratio outside any meaningful range has been withheld (balance sheet total €177,274, equity €2,223).
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,840 |
| Gross operating margin9900 | €41,506 |
| Operating profit (loss)9901 | €33,896 |
| Recurring financial income75 | €0 |
| Recurring financial charges65 | €1,494 |
| Profit (loss) for the period before taxes9903 | €32,402 |
| Profit (loss) for the period9904 | €32,402 |
| Profit (loss) for the period to be appropriated9905 | €32,402 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €177,274 | |
| Fixed assets21/28 | €107,540 | |
| Tangible fixed assets22/27 | €107,540 | |
| Current assets29/58 | €69,734 | |
| Amounts receivable within one year40/41 | €36,050 | |
| Cash at bank and in hand54/58 | €33,684 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €177,274 | |
| Equity10/15 | €2,223 | |
| Contributions10/11 | €18,600 | |
| Reserves13 | €1,860 | |
| Profit (loss) carried forward14 | -€18,237 | |
| Amounts payable17/49 | €175,051 | |
| Amounts payable after more than one year17 | €85,440 | |
| Amounts payable within one year42/48 | €89,612 | |
| Trade debts44 | €927 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €32,402 |
| + Depreciation and write-downs630 | €6,840 |
| Operating cash flow (approximation) | €39,242 |
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 (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2018 | micro format | 27-08-2019 | 2019-52700140 |
| 31-12-2017 | micro format | 10-08-2018 | 2018-45000561 |
| 31-12-2016 | micro format | 27-06-2018 | 2018-25700437 |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-48700484 |
| 31-12-2014 | abbreviated format | 21-08-2015 | 2015-45300178 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.