SERAPI
InactiveInactive; last annual accounts for fiscal year 2019.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2020 was due at the National Bank by 31-07-2021. Nothing is on record, 1882 days later.
NBB · 9 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-06-2020, 35 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2020
not filed
2019
35 d early
2018
8 d early
2017
39 d early
2016
11 d late
2015
61 d late
2014
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-322k▼ 46.8%
2018 · €-219k
2018: €-219k
2018 → 2019
Working capital
€13.66M▲ 49.6%
2018 · €9.14M
2018: €9.14M
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-873k-€-1.19M▼ 36.9%
Operating result€-85k-€-163k▼ 91.4%
Net result€-219k-€-322k▼ 46.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €163k in 2019 against €85k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €14.40M
Fixed assets
€260k ▲ 99.6%
Current assets
€14.14M ▲ 35.8%
Key figures and ratios
Solvency
-8.3%▼
2018 · -8.3%
Current ratio
29.84▲
2018 · 8.18
Quick ratio
2.17▲
2018 · 0.80
Debt to equity
-12.66▼
2018 · -11.60
ROA
-2.2%▼
2018 · -2.1%
Debt
€15.59M▲
2018 · €11.41M
Debt ≤ 1 year
€474k▼
2018 · €1.27M
Debt > 1 year
€15.12M▲
2018 · €10.12M
Income taxes
€247▲
2018 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 27 lines
Balance sheet
Code20182019
Assets
Total assets20/58€10.54M€14.40M▲
Fixed assets21/28€130k€260k▲
Tangible fixed assets22/27€5k€0▼
Financial fixed assets28€126k€260k▲
Current assets29/58€10.41M€14.14M▲
Stocks and contracts in progress3€9.39M€13.11M▲
Amounts receivable within one year40/41€2k€8k▲
Current investments50/53€1.00M-
Cash at bank and in hand54/58€17k€1.01M▲
Equity and liabilities
Total equity and liabilities10/49€10.54M€14.40M▲
Equity10/15€-873k€-1.19M▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-893k€-1.21M▼
Amounts payable17/49€11.41M€15.59M▲
Amounts payable after more than one year17€10.12M€15.12M▲
Amounts payable within one year42/48€1.27M€474k▼
Trade debts44€570k€425k▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Gross operating margin9900€-2k€-89k▼
Operating profit (loss)9901€-85k€-163k▼
Recurring financial income75€622€846▲
Recurring financial charges65€134k€155k▲
Profit (loss) for the period before taxes9903€-219k€-322k▼
Income taxes67/77€0€247▲
Profit (loss) for the period9904€-219k€-322k▼
Profit (loss) for the period to be appropriated9905€-219k€-322k▼
Timeline · acts, filings and financial milestones
2021
04-05
State Gazette act
General meeting · Merger
Accounting effect · Share cancellation
12-03
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 29.84
Current ratio from 8.18 to 29.84; short-term debt falls from €1.27M to €474k.
09-08
State Gazette act
Board meeting · Permanent representative
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
25-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 86 days late
2012
31-10
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 92 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:VAHF