PROJECT PAPEBLOK
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2012.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2013 close31-07-2014 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 25-06-2013, 36 days ahead of the deadline.
NBB · 2 filingsDeviation 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 →
Financials · fiscal year 2012, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-100k▲ 37.1%
2011 · €-160k
2011: €-160k
2011 → 2012
Working capital
€1.10M
2011 · €-98k
2011: €-98k
2011 → 2012
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20112012Trend
Equity€-98k-€1.10M
Operating result€-8k-€-19k▼ 145%
Net result€-160k-€-100k▲ 37.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2012 against €8k in 2011; the loss grows.
Balance-sheet composition
Equity and liabilities €4.17M
Equity
€1.10M
Debt
€3.07M
Debt finances 73.6% of the balance-sheet total.
Key figures and ratios
Solvency
26.4%▲
2011 · -2.6%
Current ratio
1.36▲
2011 · 0.97
Quick ratio
0.07▲
2011 · 0.04
ROE
-9.1%
ROA
-2.4%▲
2011 · -4.2%
Debt
€3.07M▼
2011 · €3.89M
Debt ≤ 1 year
€3.07M▼
2011 · €3.89M
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 · 2012 against 2011
Balance sheet
Code20112012
Assets
Total assets20/58€3.79M€4.17M▲
Current assets29/58€3.79M€4.17M▲
Stocks and contracts in progress3€3.65M€3.96M▲
Amounts receivable within one year40/41€133k€211k▲
Cash at bank and in hand54/58€11k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3.79M€4.17M▲
Equity10/15€-98k€1.10M▲
Contributions10/11€62k€1.36M▲
Profit (loss) carried forward14€-160k€-260k▼
Amounts payable17/49€3.89M€3.07M▼
Amounts payable within one year42/48€3.89M€3.07M▼
Trade debts44€53k€3k▼
Income statement
Code20112012
Operating profit (loss)9901€-8k€-19k▼
Recurring financial income75€21€45▲
Recurring financial charges65€152k€82k▼
Debt charges650€152k€81k▼
Profit (loss) for the period before taxes9903€-160k€-100k▲
Profit (loss) for the period9904€-160k€-100k▲
Profit (loss) for the period to be appropriated9905€-160k€-100k▲
Timeline · acts, filings and financial milestones
2013
25-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
07-06
State Gazette act
General meeting · Statutes amendment
Approval · Merger · Peter Van Melkebeke
07-06
State Gazette act
General meeting · Statutes amendment
Merger · Dissolution
22-03
State Gazette act
Board meeting · Merger
Accounting effect
21-03
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
2012
31-12
Financial
Equity above €1MEq €1.10M
Equity rises from €-98k to €1.10M.
05-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.