PROCITY-INVEST

Inactive

KBO/BCE: BE 0449.561.742

No longer registered with the KBO; last annual accounts for fiscal year 2015.

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Signals

Three signals. The signal on the left, the evidence on the right.

○neutral

No filing for years

The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2016 close31-07-2017 deadline15-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 08-07-2016, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

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 2015, full schema

Turnover

€98k▲ 211%

2011 · €32k

2011: €32k

2011 → 2012

EBIT margin

-89.9%▲ 419.3pp

2011 · -509.2%

2011: -509.2%

2011 → 2012

Net result

€8.33M

2014 · €-278k

2011: €-156k 2012: €-173k 2014: €-278k

2011 → 2015

Working capital

€9.89M

2014 · €-1.54M

2011: €-1.29M 2012: €-1.42M 2014: €-1.54M

2011 → 2015

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2011201220142015Trend

Turnover€32k-€98k▲ 211%

Equity€2.52M-€2.34M▼ 6.9%€1.62M▼ 30.9%€9.95M▲ 515%

Operating result€-161k-€-88k▲ 45.1%€-267k▼ 202%€-206k▲ 22.9%

Net result€-156k-€-173k▼ 10.6%€-278k▼ 61.3%€8.33M

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €206k in 2015 against €267k in 2014; the loss shrinks.

Balance-sheet composition

2015 in colour, 2014 as the grey bar beneath

Assets €11.48M

99.4%

Fixed assets €69k▼ 97.8%

Current assets €11.41M▲ 34,063%

Equity and liabilities €11.48M

86.7%

13.3%

Equity €9.95M▲ 515%

Debt €1.52M▼ 4.1%

The debt ratio falls from 49.5% to 13.3%: equity grows while debt is paid down.

Key figures and ratios

2015 value · change against 2014

EBITDA

€45k▲

2014 · €6k

Cash flow

€8.58M▲

2014 · €-5k

Solvency

86.7%▲

2014 · 50.5%

Current ratio

7.52▲

2014 · 0.02

Quick ratio

7.52▲

2014 · 0.02

ROE

83.7%▲

2014 · -17.2%

ROA

72.6%▲

2014 · -8.7%

Interest coverage

5.44▲

2014 · 0.65

Debt

€1.52M▼

2014 · €1.59M

Debt ≤ 1 year

€1.52M▼

2014 · €1.57M

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

Filed annual accounts

As filed with the NBB · 2015 against 2014

Balance sheet Code20142015

Assets

Total assets20/58€3.21M€11.48M▲

Fixed assets21/28€3.17M€69k▼

Intangible fixed assets21€801k-

Tangible fixed assets22/27€73k€67k▼

Financial fixed assets28€2.30M€2k▼

Current assets29/58€33k€11.41M▲

Amounts receivable within one year40/41€30k€11.40M▲

Cash at bank and in hand54/58-€3k

Equity and liabilities

Total equity and liabilities10/49€3.21M€11.48M▲

Equity10/15€1.62M€9.95M▲

Contributions10/11€496k€496k=

Reserves13€958k€958k=

Profit (loss) carried forward14€165k€8.50M▲

Amounts payable17/49€1.59M€1.52M▼

Amounts payable within one year42/48€1.57M€1.52M▼

Trade debts44€13k€14k▲

Income statement Code20142015

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€273k€251k▼

Operating profit (loss)9901€-267k€-206k▲

Recurring financial charges65€11k€9k▼

Debt charges650€9k€8k▼

Profit (loss) for the period before taxes9903€-278k€8.33M▲

Profit (loss) for the period9904€-278k€8.33M▲

Profit (loss) for the period to be appropriated9905€-278k€8.33M▲

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 4Gazette 1Filings 10

2016

25-11

State Gazette act Merger · Accounting effect

Shareholding · Merger condition

08-07

NBB filing Annual accounts filed

fiscal year 2015 · full schema

2015

31-12

Financial Back to profitnet €8.33M

Net result €8.33M after 3 loss-making years.

31-12

Financial Liquidity times 354current ratio 7.52

Current ratio from 0.02 to 7.52; short-term debt falls from €1.57M to €1.52M.

31-12

Financial Equity above €5MEq €9.95M ▲515%

Equity rises from €1.62M to €9.95M.

10-07

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

31-12

Financial Weakest financial yearnet €-278k

Net result drops to €-278k, the lowest in the series.

31-07

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

19-07

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

15-10

NBB filing Annual accounts filed

fiscal year 2011 · full schema · 76 days late

2011

16-08

NBB filing Annual accounts filed

fiscal year 2010 · full schema · 16 days late

2010

16-08

NBB filing Annual accounts filed

fiscal year 2009 · full schema · 16 days late

2009

27-07

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

28-08

NBB filing Annual accounts filed

fiscal year 2007 · full schema · 28 days late

2007

14-08

NBB filing Annual accounts filed

fiscal year 2006 · full schema · 14 days late

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

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:IMMEUBLES FAMILIAUX DE BELGIQUE

BE 0415.235.719proposal · State Gazette act of 25-11-2016