Summary
PROJECT & EVENT SUPPORT has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2014 annual accounts show equity of €120,560 and a net result of -€14,774. Equity is growing by about 9% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2014, abbreviated format
Equity
€120,560▼ 10.9%
2013 · €135,333
Total assets
€128,250▼ 12.0%
2013 · €145,680
Net result
-€14,774▼ 1,521%
2013 · -€911
Working capital
€112,068▼ 12.1%
2013 · €127,428
Trend over the years
2010 to 2014, 5 financial years
The operating result stays negative: a loss of €15,199 in 2014 against €177 in 2013; the loss grows and 2014 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€15,199
2014
Net result-€14,774
2014
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€128,250
2014
Equity€120,560
2014
Debt€7,691
2014
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€112,068
2014
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011201220132014
Operating result€106,137-€36,047▼ 66.0%€36,588▲ 1.5%-€177-€15,199▼ 8,473%
Net result€67,106-€23,864▼ 64.4%€26,675▲ 11.8%-€911-€14,774▼ 1,521%
Equity€85,706-€109,570▲ 27.8%€136,245▲ 24.3%€135,333▼ 0.7%€120,560▼ 10.9%
Total assets€90,470-€114,176▲ 26.2%€142,327▲ 24.7%€145,680▲ 2.4%€128,250▼ 12.0%
Debt€4,764-€4,606▼ 3.3%€6,083▲ 32.1%€10,347▲ 70.1%€7,691▼ 25.7%
Working capital€58,462-€90,477▲ 54.8%€122,843▲ 35.8%€127,428▲ 3.7%€112,068▼ 12.1%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €128,250
Fixed assets
€8,492 ▼ 10.6%
Current assets
€119,759 ▼ 12.1%
Equity and liabilities €128,250
Equity
€120,560 ▼ 10.9%
Debt
€7,691 ▼ 25.7%
Debt's share of the balance-sheet total falls from 7.1% to 6.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€14,191▼
2013 · €6,579
Cash flow
-€13,766▼
2013 · €5,845
Current ratio
15.57▲
2013 · 15.56
ROE
-12.3%▼
2013 · -0.7%
ROA
-11.5%▼
2013 · -0.6%
Debt ≤ 1 year
€7,691▼
2013 · €8,753
Income taxes
€122▼
2013 · €1,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,670 | €6,556 | €6,435 | €6,756 | €1,008 | ▼ 85.1% |
| Gross operating margin9900 | €124,207 | €45,360 | €45,737 | €9,398 | -€11,226 | - |
| Operating profit (loss)9901 | €106,137 | €36,047 | €36,588 | -€177 | -€15,199 | ▼ 8,473% |
| Recurring financial income75 | €1,579 | €2,092 | €3,543 | €1,611 | €789 | ▼ 51.0% |
| Recurring financial charges65 | €183 | €1,669 | €2,575 | €937 | €241 | ▼ 74.2% |
| Profit (loss) for the period before taxes9903 | €107,532 | €36,470 | €37,556 | €496 | -€14,651 | - |
| Income taxes67/77 | €40,427 | €12,606 | €10,882 | €1,408 | €122 | ▼ 91.3% |
| Profit (loss) for the period9904 | €67,106 | €23,864 | €26,675 | -€911 | -€14,774 | ▼ 1,521% |
| Profit (loss) for the period to be appropriated9905 | €67,106 | €23,864 | €26,675 | -€911 | -€14,774 | ▼ 1,521% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90,470 | €114,176 | €142,327 | €145,680 | €128,250 | ▼ 12.0% |
| Fixed assets21/28 | €27,244 | €20,688 | €14,996 | €9,500 | €8,492 | ▼ 10.6% |
| Tangible fixed assets22/27 | €19,339 | €12,783 | €7,091 | €1,595 | €587 | ▼ 63.2% |
| Financial fixed assets28 | €7,905 | €7,905 | €7,905 | €7,905 | €7,905 | = |
| Current assets29/58 | €63,227 | €93,488 | €127,331 | €136,181 | €119,759 | ▼ 12.1% |
| Amounts receivable within one year40/41 | €9,378 | €14,824 | €677 | €6,550 | €45,490 | ▲ 594% |
| Cash at bank and in hand54/58 | €53,849 | €78,664 | €126,655 | €129,631 | €69,758 | ▼ 46.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90,470 | €114,176 | €142,327 | €145,680 | €128,250 | ▼ 12.0% |
| Equity10/15 | €85,706 | €109,570 | €136,245 | €135,333 | €120,560 | ▼ 10.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €65,246 | €89,110 | €115,785 | €114,873 | €100,100 | ▼ 12.9% |
| Amounts payable17/49 | €4,764 | €4,606 | €6,083 | €10,347 | €7,691 | ▼ 25.7% |
| Amounts payable within one year42/48 | €4,764 | €3,011 | €4,488 | €8,753 | €7,691 | ▼ 12.1% |
| Trade debts44 | €2,033 | €971 | €1,027 | €2,369 | €2,459 | ▲ 3.8% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,106 | €23,864 | €26,675 | -€911 | -€14,774 | ▼ 1,521% |
| + Depreciation and write-downs630 | €12,670 | €6,556 | €6,435 | €6,756 | €1,008 | ▼ 85.1% |
| Operating cash flow (approximation) | €79,776 | €30,420 | €33,109 | €5,845 | -€13,766 | - |
| Investment in fixed assets (approximation) | - | €0 | -€743 | -€1,260 | €0 | - |
| Change in cash | - | €24,814 | €47,991 | €2,976 | -€59,873 | - |
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 |
|---|---|---|---|
| 30-09-2014 | abbreviated format | 03-03-2015 | 2015-05500275 |
| 31-12-2013 | abbreviated format | 22-07-2014 | 2014-32600259 |
| 31-12-2012 | abbreviated format | 14-06-2013 | 2013-17900462 |
| 31-12-2011 | abbreviated format | 03-07-2012 | 2012-26200492 |
| 31-12-2010 | abbreviated format | 23-05-2011 | 2011-12400540 |
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Of the 3,512 active companies whose main activity is promotion and organisation of arts and performing arts events (NACE 90391), figures are known for 697. 525 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.