Losses
The 2015 and 2016 financial years closed with a loss. 2016 was the heaviest.
The 2015 and 2016 financial years closed with a loss. 2016 was the heaviest.
Of this, €92,344 falls due within a year.
The 2016 accounts came latest: 21 days after the end of the period.
Inactive. The last annual accounts are for financial year 2016.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €55,000 and €290,000.
Staff costs divided by the average number of full-time equivalents.
In 2016, 3 people joined and 3 left.
| Line | Trend | 2016 | 2015 | 2014 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
202,606 | 214,482 | 223,856 | |
20 |
407 | 610 | 814 | |
21/28 |
166,883 | 186,985 | 199,282 | |
21 |
287 | 430 | 574 | |
22/27 |
166,596 | 185,944 | 197,894 | |
23 |
113,386 | 123,914 | 136,411 | |
24 |
24,494 | 29,212 | 24,563 | |
26 |
28,716 | 32,818 | 36,921 | |
29/58 |
35,316 | 27,497 | 24,574 | |
3 |
1,350 | 5,358 | 7,959 | |
30/36 |
1,350 | 5,358 | 7,959 | |
40/41 |
31,737 | 18,690 | 218 | |
40 |
- | 15,828 | 218 | |
41 |
31,737 | 2,862 | - | |
54/58 |
2,229 | 3,449 | 16,397 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
202,606 | 214,482 | 223,856 | |
10/15 |
-970 | 22,982 | 25,018 | |
10/11 |
23,000 | 23,000 | 23,000 | |
100 |
23,000 | 23,000 | 23,000 | |
13 |
2,028 | 2,028 | 2,018 | |
130 |
200 | 200 | 200 | |
133 |
1,828 | 1,828 | 1,818 | |
14 |
-25,997 | -2,046 | - | |
17/49 |
203,576 | 191,500 | 198,839 | |
17 |
111,233 | 137,318 | 162,554 | |
170/4 |
111,233 | 137,318 | 162,554 | |
42/48 |
92,344 | 54,182 | 36,285 | |
42 |
26,086 | 26,199 | 24,428 | |
44 |
2,948 | 3,456 | 5,565 | |
440/4 |
2,948 | 3,456 | 5,565 | |
45 |
- | - | 2,866 | |
450/3 |
- | - | 2,866 | |
47/48 |
63,310 | 24,527 | 3,426 | |
| Income statement | ||||
9900 |
15,836 | 52,177 | 59,586 | |
62 |
7,019 | 20,709 | 20,972 | |
630 |
27,375 | 26,607 | 24,587 | |
640/8 |
493 | 1,142 | 2,638 | |
9901 |
-19,050 | 3,719 | 11,389 | |
75/76B |
19 | 1 | 20 | |
75 |
19 | 1 | 20 | |
65/66B |
4,920 | 5,765 | 9,392 | |
65 |
4,920 | 5,765 | 9,392 | |
9903 |
-23,951 | -2,046 | 2,018 | |
9904 |
-23,951 | -2,046 | 2,018 | |
9905 |
-23,951 | -2,046 | 2,018 | |
| Appropriation of the result | ||||
9906 |
-25,997 | -2,046 | 2,018 | |
691/2 |
- | - | 2,018 | |
6920 |
- | - | 200 | |
6921 |
- | - | 1,818 | |
| Social balance sheet | ||||
9087 |
0.4 | 0.7 | 0.7 | |
Hours worked1013 |
348 | 1,123 | 1,091 | |
| Document | ||||
Source: Annual accounts 2016 (PDF), filed on 21-08-2017.
2016 annual accounts filed 21 days after the deadline. Filed on 21 August 2017, deadline 31 July 2017 (7 months after the close on 31 December 2016, Companies Code art. 3:10). Source: NBB, 2017-45500564.
| Line | Trend | 2016 | 2015 | 2014 |
|---|---|---|---|---|
| 8,325 | 30,325 | 35,976 | ||
| 3,423 | 24,561 | 26,604 | ||
| 7,680 | 14,310 | 222,851 | ||
| -1,220 | -12,948 | - | ||
| -57,027 | -26,685 | -11,711 | ||
| -0.5% | 10.7% | 11.2% | ||
| 0.38 | 0.51 | 0.68 | ||
| 0.37 | 0.41 | 0.46 | ||
| - | 8.33 | 7.95 | ||
| - | -8.9% | 8.1% | ||
| -11.8% | -1.0% | 0.9% |
The equity ratios are withheld because equity of -€970 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2016 is a loss of €19,050, after a profit of €3,719 in 2015. It is the lowest result since 2014.
Equity is negative. Debt (€203,576) exceeds the balance-sheet total (€202,606).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SB PROJECTS is no longer in the KBO register.
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