PROCOSMO
InactiveFinancials · financial year 2018, micro format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,091▼ 1,399%
2017 · -€273
Working capital
-€67,819▼ 23.9%
2017 · -€54,722
Trend over the years
2014 to 2018, 5 financial years 2014 to 2018, 5 financial years
The operating result stays negative: a loss of €4,932 in 2018 against €75 in 2017; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€4,932
2018
Net result-€4,091
2018
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€21,164
2018
Equity-€59,337
2018
Debt€80,502
2018
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€67,819
2018
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20142015201620172018
Operating result-€29,264--€29,999▼ 2.5%-€11,565▲ 61.4%-€75▲ 99.4%-€4,932▼ 6,479%
Net result-€29,724--€29,761▼ 0.1%-€11,496▲ 61.4%-€273▲ 97.6%-€4,091▼ 1,399%
Equity-€13,718--€43,478▼ 217%-€54,974▼ 26.4%-€55,247▼ 0.5%-€59,337▼ 7.4%
Total assets€22,001-€26,022▲ 18.3%€10,388▼ 60.1%€9,450▼ 9.0%€21,164▲ 124%
Debt€35,719-€69,501▲ 94.6%€65,362▼ 6.0%€64,697▼ 1.0%€80,502▲ 24.4%
Working capital-€20,234--€54,269▼ 168%-€59,799▼ 10.2%-€54,722▲ 8.5%-€67,819▼ 23.9%
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €21,164
Fixed assets
€9,014 ▲ 901,420×
Current assets
€12,150 ▲ 28.6%
Equity and liabilities
Equity-€59,337
Debt€80,502
Equity is negative: debt (€80,502) exceeds the balance-sheet total (€21,164).
Key figures and ratios
EBITDA
-€2,679▼
2017 · €5,259
Cash flow
-€1,837▼
2017 · €5,062
Solvency
-280.4%▲
2017 · -584.6%
Current ratio
0.15▲
2017 · 0.15
ROA
-19.3%▼
2017 · -2.9%
Debt ≤ 1 year
€79,969▲
2017 · €64,172
Income taxes
€0=
2017 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,323 | €11,966 | €5,966 | €5,334 | €2,254 | ▼ 57.8% |
| Gross operating margin9900 | -€21,041 | -€17,279 | -€5,418 | €6,353 | -€1,858 | - |
| Operating profit (loss)9901 | -€29,264 | -€29,999 | -€11,565 | -€75 | -€4,932 | ▼ 6,479% |
| Recurring financial income75 | €31 | €393 | €1 | €1 | €1,030 | ▲ 928× |
| Recurring financial charges65 | €487 | €158 | €6 | €199 | €188 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | -€29,720 | -€29,765 | -€11,570 | -€273 | -€4,091 | ▼ 1,399% |
| Income taxes67/77 | €4 | -€4 | -€74 | €0 | €0 | = |
| Profit (loss) for the period9904 | -€29,724 | -€29,761 | -€11,496 | -€273 | -€4,091 | ▼ 1,399% |
| Profit (loss) for the period to be appropriated9905 | -€29,724 | -€29,761 | -€11,496 | -€273 | -€4,091 | ▼ 1,399% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,001 | €26,022 | €10,388 | €9,450 | €21,164 | ▲ 124% |
| Fixed assets21/28 | €7,016 | €11,300 | €5,334 | €0 | €9,014 | ▲ 901,420× |
| Tangible fixed assets22/27 | €7,016 | €11,300 | €5,334 | €0 | €9,014 | ▲ 901,420× |
| Current assets29/58 | €14,985 | €14,722 | €5,054 | €9,450 | €12,150 | ▲ 28.6% |
| Amounts receivable within one year40/41 | €4,341 | €12,098 | €2,217 | €8,938 | €9,386 | ▲ 5.0% |
| Cash at bank and in hand54/58 | €10,595 | €2,624 | €2,837 | €511 | €2,764 | ▲ 441% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,001 | €26,022 | €10,388 | €9,450 | €21,164 | ▲ 124% |
| Equity10/15 | -€13,718 | -€43,478 | -€54,974 | -€55,247 | -€59,337 | ▼ 7.4% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€27,973 | -€57,733 | -€69,229 | -€69,502 | -€73,592 | ▼ 5.9% |
| Amounts payable17/49 | €35,719 | €69,501 | €65,362 | €64,697 | €80,502 | ▲ 24.4% |
| Amounts payable within one year42/48 | €35,219 | €68,991 | €64,852 | €64,172 | €79,969 | ▲ 24.6% |
| Trade debts44 | €62 | €11,338 | €9,413 | €1,564 | €2,249 | ▲ 43.8% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,724 | -€29,761 | -€11,496 | -€273 | -€4,091 | ▼ 1,399% |
| + Depreciation and write-downs630 | €7,323 | €11,966 | €5,966 | €5,334 | €2,254 | ▼ 57.8% |
| Operating cash flow (approximation) | -€22,401 | -€17,795 | -€5,530 | €5,062 | -€1,837 | - |
| Investment in fixed assets (approximation) | - | -€16,250 | €0 | €0 | -€11,268 | - |
| Change in cash | - | -€7,971 | €213 | -€2,325 | €2,253 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2018 | micro format | 11-03-2019 | 2019-06600371 |
| 30-09-2017 | micro format | 13-04-2018 | 2018-09700102 |
| 30-09-2016 | full format | 07-03-2017 | 2017-05800158 |
| 30-09-2015 | full format | 01-03-2016 | 2016-05300165 |
| 30-09-2014 | full format | 10-02-2015 | 2015-03800463 |
| 30-09-2013 | full format | 28-02-2014 | 2014-05200042 |
| 30-09-2012 | full format | 19-03-2013 | 2013-06500469 |
| 30-09-2011 | full format | 20-04-2012 | 2012-08800558 |
| 30-09-2010 | full format | 11-02-2011 | 2011-02800362 |
| 30-09-2009 | full format | 19-02-2010 | 2010-04800103 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.