PROCON
InactiveFinancials · financial year 2015, abbreviated format
2015 annual accounts filed 24 days after the deadline Filed on 24 February 2016, deadline 31 January 2016 (7 months after the close on 30 June 2015, Companies Code art. 3:10). Source: NBB, 2016-05200168.
Annual accounts 2015 filed on 24-02-2016 PDF all 20 filings
Equity
-€535,368▼ 3.5%
2014 · -€517,170
Total assets
€49,611▲ 788%
2014 · €5,588
Net result
-€18,198
2014 · €1,432
Working capital
-€509,004▲ 1.6%
2014 · -€517,171
Multi-year overview
2011 to 2015, 5 financial yearsOperating result
-€17,703
2015
20112015
Net result
-€18,198
2015
20112015
Equity
-€535,368
▼ 3.5%
2015
20112015
Total assets
€49,611
▲ 788%
2015
20112015
Debt
€584,979
▲ 11.9%
2015
20112015
Working capital
-€509,004
▲ 1.6%
2015
20112015
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Operating result€0.07m--€0.04m-€0.006m▲ 85.2%€0.004m-€0.02m
Net result€0.03m--€0.6m-€0.006m▲ 99.0%€0.001m-€0.02m
Equity€0.1m--€0.5m-€0.5m▼ 1.2%-€0.5m▲ 0.3%-€0.5m▼ 3.5%
Total assets€0.8m-€0.5m▼ 27.7%€0.1m▼ 79.5%€0.006m▼ 95.0%€0.05m▲ 788%
Debt€0.6m-€1.1m▲ 67.8%€0.6m▼ 40.5%€0.5m▼ 17.2%€0.6m▲ 11.9%
Working capital-€0.5m--€0.5m▼ 12.7%-€0.5m▼ 1.2%-€0.5m▲ 0.3%-€0.5m▲ 1.6%
The operating result for 2015 is a loss of €17,703, after a profit of €3,842 in 2014. It is the lowest result since 2012.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Key figures and ratios
Current ratio
0.09▲
2014 · 0.01
ROA
-36.7%▼
2014 · 25.6%
Debt ≤ 1 year
€558,615▲
2014 · €522,758
A ratio outside any meaningful range has been withheld (balance sheet total €49,611, equity -€535,368).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €685 | - | - | - | - | - |
| Gross operating margin9900 | €82,015 | -€36,974 | -€4,260 | €39,179 | -€17,250 | - |
| Operating profit (loss)9901 | €73,706 | -€38,108 | -€5,659 | €3,842 | -€17,703 | - |
| Recurring financial income75 | €3,681 | €3,781 | - | - | - | - |
| Recurring financial charges65 | €47,731 | €20,171 | €1,303 | €2,510 | €495 | ▼ 80.3% |
| Profit (loss) for the period before taxes9903 | €29,734 | -€637,261 | -€6,137 | €1,432 | -€18,198 | - |
| Income taxes67/77 | - | €1,521 | - | - | - | - |
| Profit (loss) for the period9904 | €29,734 | -€638,782 | -€6,137 | €1,432 | -€18,198 | - |
| Profit (loss) for the period to be appropriated9905 | €29,734 | -€638,782 | -€6,137 | €1,432 | -€18,198 | - |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.8m | €0.5m | €0.1m | €0.006m | €0.05m | ▲ 788% |
| Fixed assets21/28 | €0.6m | - | - | €1 | - | - |
| Tangible fixed assets22/27 | €0.001m | - | - | - | - | - |
| Financial fixed assets28 | €0.6m | - | - | €1 | - | - |
| Current assets29/58 | €0.2m | €0.5m | €0.1m | €0.006m | €0.05m | ▲ 788% |
| Amounts receivable within one year40/41 | €0.2m | €0.5m | €0.1m | €0.006m | €0.05m | ▲ 789% |
| Cash at bank and in hand54/58 | €0.001m | €0.002m | €30 | - | €1 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.8m | €0.5m | €0.1m | €0.006m | €0.05m | ▲ 788% |
| Equity10/15 | €0.1m | -€0.5m | -€0.5m | -€0.5m | -€0.5m | ▼ 3.5% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | - | -€0.6m | -€0.6m | -€0.6m | -€0.7m | ▼ 2.8% |
| Amounts payable17/49 | €0.6m | €1.1m | €0.6m | €0.5m | €0.6m | ▲ 11.9% |
| Amounts payable within one year42/48 | €0.6m | €1.1m | €0.6m | €0.5m | €0.6m | ▲ 6.9% |
| Trade debts44 | €0.003m | €0.01m | €0.01m | €0.02m | €0.2m | ▲ 675% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,734 | -€638,782 | -€6,137 | €1,432 | -€18,198 | - |
| + Depreciation and write-downs630 | €685 | - | - | - | - | - |
| Operating cash flow (approximation) | €30,419 | -€638,782 | -€6,137 | €1,432 | -€18,198 | - |
| Change in cash | - | €650 | -€1,658 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2015 | abbreviated format | 24-02-2016 | 2016-05200168 | |
| 30-06-2014 | abbreviated format | 09-02-2015 | 2015-03800449 | |
| 30-06-2013 | abbreviated format | 20-10-2014 | 2014-65000569 | |
| 30-06-2012 | abbreviated format | 28-02-2013 | 2013-05500135 | |
| 30-06-2011 | abbreviated format | 11-01-2012 | 2012-00700434 | |
| 30-06-2010 | abbreviated format | 19-01-2011 | 2011-01100565 | |
| 30-06-2009 | abbreviated format | 29-01-2010 | 2010-03000391 | |
| 30-06-2008 | abbreviated format | 28-01-2009 | 2009-02400397 | |
| 30-06-2007 | abbreviated format | 06-05-2008 | 2008-12300130 | |
| 30-06-2006 | abbreviated format | 25-01-2007 | 2007-02603313 |