SOBIESKI
InactiveFinancials · financial year 2017, micro format
2017 annual accounts filed 62 days after the deadline Filed on 1 October 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-68700435.
Annual accounts 2017 filed on 01-10-2018 PDF all 6 filings
Turnover
≈ €36,000
Estimated: probably between €17,000 and €87,000
Total assets
€9,430▼ 50.2%
2016 · €18,952
Net result
€2,518
2016 · -€987
Working capital
€2,277▼ 42.2%
2016 · €3,938
Multi-year overview
2013 to 2017, 5 financial yearsOperating result
€2,689
2017
20132017
Net result
€2,518
2017
20132017
Equity
€4,122
▲ 157%
2017
20132017
Total assets
€9,430
▼ 50.2%
2017
20132017
Debt
€5,307
▼ 69.4%
2017
20132017
Working capital
€2,277
▼ 42.2%
2017
20132017
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014201520162017
Operating result€4,249-€15,571▲ 266%€5,203▼ 66.6%-€821€2,689
Net result-€2,412-€443€4,976▲ 11×-€987€2,518
Equity-€2,827--€2,384▲ 15.7%€2,592€1,604▼ 38.1%€4,122▲ 157%
Total assets€30,088-€20,971▼ 30.3%€20,544▼ 2.0%€18,952▼ 7.7%€9,430▼ 50.2%
Debt€32,915-€23,355▼ 29.0%€17,952▼ 23.1%€17,348▼ 3.4%€5,307▼ 69.4%
Working capital-€15,785--€8,736▲ 44.7%-€2,405▲ 72.5%€3,938€2,277▼ 42.2%
The operating result for 2017 is a profit of €2,689, after a loss of €821 in 2016.
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.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €9,430
Fixed assets
€1,845 ▼ 53.0%
Current assets
€7,585 ▼ 49.5%
Equity and liabilities €9,430
Equity
€4,122 ▲ 157%
Debt
€5,307 ▼ 69.4%
Debt's share of the balance-sheet total falls from 91.5% to 56.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,770▲
2016 · €2,290
Cash flow
€4,599▲
2016 · €2,123
Current ratio
1.43▲
2016 · 1.36
Quick ratio
0.94▼
2016 · 1.06
ROE
61.1%▲
2016 · -61.5%
ROA
26.7%▲
2016 · -5.2%
Debt ≤ 1 year
€5,307▼
2016 · €11,088
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,150 | €3,151 | €3,178 | €3,110 | €2,081 | ▼ 33.1% |
| Gross operating margin9900 | €7,765 | €19,958 | €12,924 | €5,599 | €4,770 | ▼ 14.8% |
| Operating profit (loss)9901 | €4,249 | €15,571 | €5,203 | -€821 | €2,689 | - |
| Recurring financial income75 | €1,198 | €0 | €128 | €37 | €2 | ▼ 94.7% |
| Recurring financial charges65 | €133 | €399 | €355 | €204 | €173 | ▼ 15.0% |
| Profit (loss) for the period before taxes9903 | -€2,412 | €443 | €4,976 | -€987 | €2,518 | - |
| Profit (loss) for the period9904 | -€2,412 | €443 | €4,976 | -€987 | €2,518 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,412 | €443 | €4,976 | -€987 | €2,518 | - |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,088 | €20,971 | €20,544 | €18,952 | €9,430 | ▼ 50.2% |
| Fixed assets21/28 | €13,364 | €10,214 | €7,036 | €3,926 | €1,845 | ▼ 53.0% |
| Tangible fixed assets22/27 | €13,364 | €10,214 | €7,036 | €3,926 | €1,845 | ▼ 53.0% |
| Current assets29/58 | €16,724 | €10,756 | €13,508 | €15,026 | €7,585 | ▼ 49.5% |
| Stocks and contracts in progress3 | €8,368 | €7,351 | €3,317 | €3,232 | €2,591 | ▼ 19.8% |
| Amounts receivable within one year40/41 | €2,899 | €554 | €3,429 | €6,186 | €4,779 | ▼ 22.7% |
| Current investments50/53 | €5,272 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €2,832 | €6,093 | €4,118 | €6 | ▼ 99.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,088 | €20,971 | €20,544 | €18,952 | €9,430 | ▼ 50.2% |
| Equity10/15 | -€2,827 | -€2,384 | €2,592 | €1,604 | €4,122 | ▲ 157% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | - | €22 | €282 | €282 | €408 | ▲ 44.6% |
| Profit (loss) carried forward14 | -€15,227 | -€14,807 | -€10,091 | -€11,078 | -€8,686 | ▲ 21.6% |
| Amounts payable17/49 | €32,915 | €23,355 | €17,952 | €17,348 | €5,307 | ▼ 69.4% |
| Amounts payable within one year42/48 | €32,509 | €19,492 | €15,913 | €11,088 | €5,307 | ▼ 52.1% |
| Trade debts44 | €2,058 | €5,968 | €4,515 | €2,655 | €2,437 | ▼ 8.2% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,412 | €443 | €4,976 | -€987 | €2,518 | - |
| + Depreciation and write-downs630 | €3,150 | €3,151 | €3,178 | €3,110 | €2,081 | ▼ 33.1% |
| Operating cash flow (approximation) | €738 | €3,594 | €8,154 | €2,123 | €4,599 | ▲ 117% |
| Investment in fixed assets (approximation) | - | -€1 | €0 | €0 | €0 | - |
| Change in cash | - | - | €3,261 | -€1,974 | -€4,112 | ▼ 108% |
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 (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2017 | micro format | 01-10-2018 | 2018-68700435 | |
| 31-12-2016 | micro format | 29-09-2017 | 2017-64900357 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-58700571 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-57100095 | |
| 31-12-2013 | abbreviated format | 28-08-2014 | 2014-53200258 | |
| 31-12-2012 | abbreviated format | 31-07-2013 | 2013-38100094 |