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SITF

Inactive KBO/BCE: BE 0807.731.470

Overview

Lifetime

10 annual accounts with figures on one time axis
peak -€20,257 (2018)
-€20,257▲ €10,519
lowest -€1.9m (2012)
-€22,569▲ €23,079
peak €11.6m (2009)
€146,507▼ 13.3%
€288,802▼ 3.9%
Documentsfilings and deeds
26-07-20195 days before the deadline
2018financial year
Gross margin from -€30,776 to -€20,257Loss of €22,569Equity from €169,076 to €146,507

Key points

from the 2018 annual accounts, the last ones filed

Equity

€146,507 from €11.6m in 2009

Equity fell by 99% in 9 years.

Losses

-€5.8m in ten years
200920102011-1.9201220132014201520162017-0.022018

Every financial year from 2009 to 2018 closed with a loss. 2012 was the heaviest.

Filings

10 annual accounts 2 late
AprilJune31 JulyOctober20102015

The 2009 accounts came latest: 31 days after the end of the period.

No score

Recent changes

Deed on the end Gazette deed
Incorporation 17 publications in the Belgian Official Gazette, the last on 12-03-2020 · Gazette deed
All 15 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 21-11-2008 · last publication under the heading End on 12-03-2020
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

-€20,257
€22,569
€146,507
€435,310
Filing
Filed on 26-07-2019
Financials

Insights on SITF

Inactive. The last annual accounts are for financial year 2018.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

full format, filed on 26-07-2019, 5 days before the deadline
-€20,257
▲ €10,519
-€21,125
▲ €10,519
-€22,569
▲ €23,079
€145,887
▼ 13.4%
33.7%
▼ 2.3 percentage points
1.51
▼ 0.06

Turnover: not included in this filing.

Balance sheet

balance sheet total €435,310 on 31-12-2018
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2018201720162015201420132012201120102009
Balance sheet: assets
20/58 435,310469,7201.4m3.1m3.5m4.0m5.0m10.5m11.6m11.8m
21/28 620620190,620952,4261.2m1.4m3.6m8.0m8.6m8.2m
28 620620190,620952,4261.2m1.4m3.6m8.0m8.6m8.2m
29/58 434,690469,1001.2m2.2m2.3m2.7m1.4m2.5m2.9m3.6m
40/41 -642,1515,4823,758363126,8071.3m1.2m3.3m
41 -642,1515,4823,758363126,8071.3m1.2m3.3m
50/53 ---1.9m1.9m1.9m4,939---
54/58 434,690469,0361.2m240,063400,445616,820881,317452,0551.1m9,606
490/1 ---1,4452,086153,857343,211759,591602,084264,687
Balance sheet: equity and liabilities
10/49 435,310469,7201.4m3.1m3.5m4.0m5.0m10.5m11.6m11.8m
10/15 146,507169,076214,7241.2m3.5m4.0m5.0m10.1m11.3m11.6m
10/11 6.0m6.0m6.0m6.9m8.8m8.8m8.8m12.0m12.0m12.0m
100 6.0m6.0m6.0m6.9m8.8m8.8m8.8m12.0m15.0m15.0m
101 --------3.0m3.0m
14 -5.8m-5.8m-5.7m-5.7m-5.3m-4.8m-3.8m-1.9m-690,837-379,173
16 --------106,92188,891
160/5 --------106,92188,891
17/49 288,802300,6441.1m2.0m21,75717,12719,988413,612156,33696,086
42/48 288,802300,6441.1m2.0m8,3674,7396,1445,198146,44895,610
43 ---------23,183
430/8 ---------23,183
44 3,80215,6445,3649,2988,3674,7396,1445,198146,44872,427
440/4 3,80215,6445,3649,2988,3674,7396,1445,198146,44872,427
45 --46,607-------
450/3 --46,607-------
47/48 285,000285,0001.1m2.0m------
492/3 ---11613,39012,38813,843408,4149,888476
Income statement
76A --38,219-------
9900 -20,257-30,776-25,738-35,284-32,917-177,328-390,045-992,487-592,950-718,301
640/8 868868868957957957957942437695
66A -12,28493,594327,070485,6372.0m1.9m600,573--
9901 -21,125-31,644-26,606-36,241-33,874-178,285-391,002-993,428-593,386-718,996
75/76B --81,39250,049127,1361.3m2.2m392,058447,248519,767
75 --43,17350,049127,1361.3m2.2m392,058447,248519,767
76B --38,219-------
65/66B 1,44414,00494,89542,179157,235158,9341.8m-12,954165,526179,943
65 1,4441,7201,30042,179157,235158,9341.8m-12,954165,526179,943
66B -12,28493,594-------
9903 -22,569-45,648-40,109-355,441-549,610-962,153-1.9m-1.2m-311,664-379,173
9904 -22,569-45,648-40,109-355,441-549,610-962,153-1.9m-1.2m-311,664-379,173
9905 -22,569-45,648-40,109-355,441-549,610-962,153-1.9m-1.2m-311,664-379,173
Appropriation of the result
9906 -5.8m-5.8m-5.7m-5.7m-5.3m-4.8m-3.8m-1.9m-690,837-379,173
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2018 (PDF), filed on 26-07-2019.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2018 full format 26-07-2019 2019-41400405 PDF
31-12-2017 full format 31-07-2018 2018-41700268 PDF
31-12-2016 full format 27-07-2017 2017-40300036 PDF
31-12-2015 full format 26-07-2016 2016-37000268 PDF
31-12-2014 full format 24-07-2015 2015-34500263 PDF
31-12-2013 full format 28-07-2014 2014-37600589 PDF
31-12-2012 full format 31-07-2013 2013-38800088 PDF
31-12-2011 full format 29-06-2012 2012-25000594 PDF
31-12-2010 full format 17-08-2011 2011-41500213 PDF
31-12-2009 full format 31-08-2010 2010-51700061 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2018201720162015201420132012201120102009
--45,935111,68527,909208,2981.7m1.1m1.0m8.7m
-34,347-699,888928,862-160,382-216,374-264,497429,262-671,1331.1m-
145,887168,45624,104202,5232.3m2.7m1.4m2.5m2.8m3.5m
33.7%36.0%15.8%37.1%99.4%99.6%99.6%96.1%97.7%98.4%
1.511.561.021.10----20.0537.86
1.971.785.341.700.010.000.000.040.010.01
-15.4%-27.0%-18.7%-30.8%-15.9%-24.0%-39.2%-11.7%-2.8%-3.3%
-5.2%-9.7%-2.9%-11.4%-15.8%-23.9%-39.0%-11.3%-2.7%-3.2%

EBIT margin: not included in this filing.

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.

Insights on SITF

The operating result for 2018 is a loss of €21,125, smaller than the loss of €31,644 in 2017.

Debt's share of the balance-sheet total rises from 64.0% to 66.3%. Equity and debt are lower.

Network & group

Holdings

own 2018 accounts
This companySITF1 holding, 1 country 2018 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2018 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2012, in their own currency.

Timeline

Timeline

15 events since 2008
2020
Deed on the end PDF
2019
Annual accounts 2018 filed PDFfull format · 5 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · on the deadline day
2017
Annual accounts 2016 filed PDFfull format · 4 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 5 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 7 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 3 days before the deadline
2013
Liquidity more than doubled current ratio 563.28 The current ratio rises from 220.73 to 563.28. Short-term debt falls from €6,144 to €4,739.
Annual accounts 2012 filed PDFfull format · on the deadline day
2012
Weakest financial year net -€1.9m The net result drops to -€1.9m, the lowest from 2009 to 2018.
Annual accounts 2011 filed PDFfull format · 32 days before the deadline
2011
Liquidity more than 24 times current ratio 488.50 The current ratio rises from 20.05 to 488.50. Short-term debt falls from €146,448 to €5,198.
Annual accounts 2010 filed PDFfull format · 17 days late
2010
Annual accounts 2009 filed PDFfull format · 31 days late
2008
Incorporation PDF17 publications in the Belgian Official Gazette, the last on 12-03-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Inactive

SITF is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2018
Last registered office
Rue De L'industrie 44, 1040 Bruxellesas published on 12 March 2020
Legal form
Public limited company
First annual accounts
financial year 2009
Official KBO record