PROJECTS
InactiveFinancials · financial year 2015, full format
2015 annual accounts filed 31 days after the deadline Filed on 31 August 2016, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2016-57100526.
Annual accounts 2015 filed on 31-08-2016 PDF
Turnover
€2.8m
EBIT margin
-22.4%
Net result
-€684,225
Working capital
-€696,802
Balance-sheet composition
Assets €1.4m
Fixed assets
€116,630
Current assets
€1.3m
Equity and liabilities
Equity-€665,625
Debt€2.1m
Equity is negative. Debt (€2.1m) exceeds the balance-sheet total (€1.4m).
Key figures and ratios
EBITDA
-€517,441
Cash flow
-€578,345
Solvency
-47.7%
Current ratio
0.65
ROA
-49.0%
Interest coverage
-25.52
Debt
€2.1m
Debt ≤ 1 year
€2.0m
Debt > 1 year
€25,689
Income taxes
€0
Customer credit
153 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Annual accounts
| Line | 2015 |
|---|---|
| Turnover70 | €2.8m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m |
| Operating profit (loss)9901 | -€0.6m |
| Recurring financial income75 | €0.1m |
| Recurring financial charges65 | €0.2m |
| Debt charges650 | €0.02m |
| Profit (loss) for the period before taxes9903 | -€0.7m |
| Income taxes67/77 | €0 |
| Profit (loss) for the period9904 | -€0.7m |
| Profit (loss) for the period to be appropriated9905 | -€0.7m |
| Line | 2015 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.4m | |
| Fixed assets21/28 | €0.1m | |
| Intangible fixed assets21 | €0.07m | |
| Tangible fixed assets22/27 | €0.05m | |
| Financial fixed assets28 | €0.001m | |
| Current assets29/58 | €1.3m | |
| Amounts receivable within one year40/41 | €1.2m | |
| Cash at bank and in hand54/58 | €0.01m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.4m | |
| Equity10/15 | -€0.7m | |
| Contributions10/11 | €0.02m | |
| Profit (loss) carried forward14 | -€0.7m | |
| Amounts payable17/49 | €2.1m | |
| Amounts payable after more than one year17 | €0.03m | |
| Amounts payable within one year42/48 | €2.0m | |
| Trade debts44 | €1.2m | |
| Line | 2015 |
|---|---|
| Profit (loss) for the period9904 | -€684,225 |
| + Depreciation and write-downs630 | €105,881 |
| Operating cash flow (approximation) | -€578,345 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2015 | full format | 31-08-2016 | 2016-57100526 |