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PROVALOO

Dissolution or liquidation
Private limited company (pre-2019)founded 2000Vossenpad 14, 2350 Vosselaar, BelgiumKBO/BCE: BE 0469.677.463
PROVALOODissolution or liquidation

Financials · financial year 2014, abbreviated format

Annual accounts 2014 filed on 30-12-2015 PDF all 15 filings

Turnover
≈ €250,000
Estimated: probably between €150,000 and €480,000
Total assets
€236,080▲ 4.5%
2013 · €225,821
Net result
€72,328▲ 59.7%
2013 · €45,277
Working capital
€8,248▼ 93.2%
2013 · €121,431
Multi-year overview
2010 to 2014, 5 financial years
Operating result
€89,389
▲ 133% 2014
20102014
Net result
€72,328
▲ 59.7% 2014
20102014
Equity
€8,248
▼ 93.6% 2014
20102014
Total assets
€236,080
▲ 4.5% 2014
20102014
Debt
€227,832
▲ 133% 2014
20102014
Working capital
€8,248
▼ 93.2% 2014
20102014
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20102011201220132014
Operating result-€25,534-€73,364€66,883▼ 8.8%€38,348▼ 42.7%€89,389▲ 133%
Net result-€16,692-€73,792€63,755▼ 13.6%€45,277▼ 29.0%€72,328▲ 59.7%
Equity€17,097-€90,889▲ 432%€118,644▲ 30.5%€127,920▲ 7.8%€8,248▼ 93.6%
Total assets€97,281-€132,667▲ 36.4%€196,875▲ 48.4%€225,821▲ 14.7%€236,080▲ 4.5%
Debt€80,184-€41,778▼ 47.9%€78,231▲ 87.3%€97,901▲ 25.1%€227,832▲ 133%
Working capital-€1,937-€76,350€109,780▲ 43.8%€121,431▲ 10.6%€8,248▼ 93.2%

The operating result for 2014 is 133% higher than in 2013 and the highest since 2010. It is a recovery after the fall in 2013.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Equity and liabilities €236,080
Equity €8,248 ▼ 93.6%
Debt €227,832 ▲ 133%
Debt's share of the balance-sheet total rises from 43.4% to 96.5%. Equity is lower and debt is higher.
Key figures and ratios
2014 value · change against 2013
Current ratio
1.04▼
2013 · 2.32
ROE
876.9%▲
2013 · 35.4%
ROA
30.6%▲
2013 · 20.0%
Debt ≤ 1 year
€227,832▲
2013 · €91,981
Income taxes
€36,220▲
2013 · €5,388
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2014 against 2013 · 25 lines
Balance sheet Code20132014
Assets
Total assets20/58€225,821€236,080▲
Fixed assets21/28€12,409-
Tangible fixed assets22/27€12,409-
Current assets29/58€213,412€236,080▲
Stocks and contracts in progress3€8,766-
Amounts receivable within one year40/41€198,386€230,088▲
Cash at bank and in hand54/58€6,260€5,992▼
Equity and liabilities
Total equity and liabilities10/49€225,821€236,080▲
Equity10/15€127,920€8,248▼
Contributions10/11€6,200€6,200=
Reserves13€121,720€2,048▼
Amounts payable17/49€97,901€227,832▲
Amounts payable after more than one year17€5,919-
Amounts payable within one year42/48€91,981€227,832▲
Trade debts44€4,514€2,314▼
Income statement Code20132014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,993-
Gross operating margin9900€58,806€89,829▲
Operating profit (loss)9901€38,348€89,389▲
Recurring financial income75€13,449€15,303▲
Recurring financial charges65€859€2,741▲
Profit (loss) for the period before taxes9903€50,665€108,548▲
Income taxes67/77€5,388€36,220▲
Profit (loss) for the period9904€45,277€72,328▲
Profit (loss) for the period to be appropriated9905€45,277€72,328▲
Appropriation of the result
Return on contributions (dividend)694-€192,000

Source: Annual accounts 2014 (PDF), filed on 30-12-2015.

Line20102011201220132014Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,523€17,009€17,009€13,993--
Gross operating margin9900-€8,605€90,774€84,300€58,806€89,829▲ 52.8%
Operating profit (loss)9901-€25,534€73,364€66,883€38,348€89,389▲ 133%
Recurring financial income75€56€2,160€8,265€13,449€15,303▲ 13.8%
Recurring financial charges65€1,561€1,441€3,640€859€2,741▲ 219%
Profit (loss) for the period before taxes9903-€16,692€73,792€71,508€50,665€108,548▲ 114%
Income taxes67/77--€7,753€5,388€36,220▲ 572%
Profit (loss) for the period9904-€16,692€73,792€63,755€45,277€72,328▲ 59.7%
Profit (loss) for the period to be appropriated9905-€16,692€73,792€63,755€45,277€72,328▲ 59.7%
Line20102011201220132014Change
Assets
Total assets20/58€97,281€132,667€196,875€225,821€236,080▲ 4.5%
Fixed assets21/28€58,961€43,411€26,402€12,409--
Tangible fixed assets22/27€58,961€43,411€26,402€12,409--
Current assets29/58€38,320€89,255€170,472€213,412€236,080▲ 10.6%
Stocks and contracts in progress3€4,485€2,033€8,136€8,766--
Amounts receivable within one year40/41€31,207€81,617€154,468€198,386€230,088▲ 16.0%
Cash at bank and in hand54/58€2,628€5,605€7,868€6,260€5,992▼ 4.3%
Equity and liabilities
Total equity and liabilities10/49€97,281€132,667€196,875€225,821€236,080▲ 4.5%
Equity10/15€17,097€90,889€118,644€127,920€8,248▼ 93.6%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€10,897€84,689€112,444€121,720€2,048▼ 98.3%
Amounts payable17/49€80,184€41,778€78,231€97,901€227,832▲ 133%
Amounts payable after more than one year17€39,926€28,872€17,539€5,919--
Amounts payable within one year42/48€40,258€12,906€60,692€91,981€227,832▲ 148%
Trade debts44€11,728€1,851€1,691€4,514€2,314▼ 48.7%
Line20102011201220132014Change
Profit (loss) for the period9904-€16,692€73,792€63,755€45,277€72,328▲ 59.7%
+ Depreciation and write-downs630€16,523€17,009€17,009€13,993--
Operating cash flow (approximation)-€170€90,801€80,764€59,270€72,328▲ 22.0%
Investment in fixed assets (approximation)--€1,460€0€0--
Change in cash-€2,977€2,263-€1,608-€268▲ 83.3%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2014 abbreviated format 30-12-2015 2015-71000462 PDF
31-12-2013 abbreviated format 30-09-2014 2014-62700070 PDF
31-12-2012 abbreviated format 27-12-2013 2013-69900272 PDF
31-12-2011 abbreviated format 28-09-2012 2012-59100593 PDF
31-12-2010 abbreviated format 30-09-2011 2011-56500487 PDF
31-12-2009 abbreviated format 23-12-2010 2010-64300539 PDF
31-12-2008 abbreviated format 18-11-2009 2009-85500218 PDF
31-12-2007 abbreviated format 19-09-2008 2008-73900103 PDF
31-12-2006 abbreviated format 31-08-2007 2007-69800385 PDF
31-12-2005 abbreviated format 30-08-2006 2006-73003228 PDF

Show all 15 filings