SODALIS
InactiveInactive; last annual accounts for fiscal year 2016.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 20-07-2017, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2016
11 d early
2015
4 d early
2014
15 d early
2013
24 d early
2012
36 d early
2011
19 d early
2010
13 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2016, full schema
Turnover
€18,823▲ 0.6%
2015 · €18,717
EBIT margin
756.9%▲ 67.9pp
2015 · 689.0%
Net result
€729,268▲ 101%
2015 · €362,109
Working capital
€611,167▲ 49.5%
2015 · €408,854
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Turnover€264,000-€18,449▼ 93.0%€18,655▲ 1.1%€18,717▲ 0.3%€18,823▲ 0.6%
Operating result€184,645-€127,945▼ 30.7%€131,162▲ 2.5%€128,963▼ 1.7%€142,473▲ 10.5%
Net result€565,828-€1.2m▲ 113%€600,087▼ 50.1%€362,109▼ 39.7%€729,268▲ 101%
EBIT margin69.9%-693.5%▲ 623.6pp703.1%▲ 9.6pp689.0%▼ 14.1pp756.9%▲ 67.9pp
Equity€2.1m-€2.7m▲ 28.9%€2.7m=€2.7m▼ 0.5%€3.0m▲ 12.3%
Total assets€7.6m-€6.5m▼ 15.1%€7.2m▲ 11.6%€7.1m▼ 1.7%€6.9m▼ 2.7%
Debt€5.3m-€3.6m▼ 32.7%€4.3m▲ 21.1%€4.2m▼ 2.2%€3.7m▼ 12.1%
Working capital-€50,414-€514,972€471,448▼ 8.5%€408,854▼ 13.3%€611,167▲ 49.5%
Staff (FTE)1.5-0.1▼ 93.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2016; 2016 is 10% above 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €6.9m
Fixed assets
€4.0m ▼ 0.6%
Current assets
€2.9m ▼ 5.5%
Equity and liabilities €6.9m
Equity
€3.0m ▲ 12.3%
Provisions
€148,750 ▼ 6.6%
Debt
€3.7m ▼ 12.1%
Debt's share of the balance-sheet total falls from 60.0% to 54.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€239,473▲
2015 · €225,963
Cash flow
€826,268▲
2015 · €459,109
Current ratio
1.27▲
2015 · 1.15
Debt to equity
0.49▼
2015 · 0.60
ROE
24.3%▲
2015 · 13.5%
ROA
10.6%▲
2015 · 5.1%
Interest coverage
1.80▲
2015 · 1.61
Debt ≤ 1 year
€2.3m▼
2015 · €2.6m
Debt > 1 year
€1.5m▼
2015 · €1.6m
Income taxes
€42,112▲
2015 · €32,383
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €264,000 | €18,449 | €18,655 | €18,717 | €18,823 | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97,000 | €97,000 | €97,000 | €97,000 | €97,000 | = |
| Operating profit (loss)9901 | €184,645 | €127,945 | €131,162 | €128,963 | €142,473 | ▲ 10.5% |
| Recurring financial income75 | €597,284 | €1.3m | €628,627 | €387,726 | €751,536 | ▲ 93.8% |
| Recurring financial charges65 | €177,494 | €160,633 | €137,794 | €140,652 | €133,067 | ▼ 5.4% |
| Debt charges650 | €177,176 | €160,353 | €137,567 | €140,426 | €132,804 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €604,441 | €1.2m | €621,995 | €384,054 | €760,942 | ▲ 98.1% |
| Income taxes67/77 | €47,670 | €45,315 | €32,346 | €32,383 | €42,112 | ▲ 30.0% |
| Profit (loss) for the period9904 | €565,828 | €1.2m | €600,087 | €362,109 | €729,268 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €587,473 | €1.2m | €620,350 | €382,372 | €749,531 | ▲ 96.0% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.6m | €6.5m | €7.2m | €7.1m | €6.9m | ▼ 2.7% |
| Fixed assets21/28 | €4.3m | €4.2m | €4.1m | €4.0m | €4.0m | ▼ 0.6% |
| Tangible fixed assets22/27 | €2.1m | €2.0m | €1.9m | €1.8m | €1.8m | ▼ 5.2% |
| Financial fixed assets28 | €2.2m | €2.2m | €2.2m | €2.2m | €2.3m | ▲ 3.2% |
| Current assets29/58 | €3.3m | €2.2m | €3.1m | €3.0m | €2.9m | ▼ 5.5% |
| Amounts receivable within one year40/41 | €3.3m | €2.2m | €3.1m | €3.0m | €2.9m | ▼ 3.6% |
| Cash at bank and in hand54/58 | €13,750 | €11,442 | €14,864 | €78,240 | €16,985 | ▼ 78.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.6m | €6.5m | €7.2m | €7.1m | €6.9m | ▼ 2.7% |
| Equity10/15 | €2.1m | €2.7m | €2.7m | €2.7m | €3.0m | ▲ 12.3% |
| Contributions10/11 | €371,840 | €371,840 | €371,840 | €371,840 | €371,840 | = |
| Reserves13 | €1.7m | €2.3m | €2.3m | €2.3m | €2.6m | ▲ 14.3% |
| Profit (loss) carried forward14 | -€30,386 | - | - | - | - | - |
| Provisions and deferred taxes16 | €190,504 | €180,065 | €169,627 | €159,188 | €148,750 | ▼ 6.6% |
| Amounts payable17/49 | €5.3m | €3.6m | €4.3m | €4.2m | €3.7m | ▼ 12.1% |
| Amounts payable after more than one year17 | €2.0m | €1.9m | €1.7m | €1.6m | €1.5m | ▼ 8.9% |
| Amounts payable within one year42/48 | €3.3m | €1.7m | €2.6m | €2.6m | €2.3m | ▼ 14.0% |
| Trade debts44 | €110,429 | €114,980 | €39,738 | €79,716 | €101,006 | ▲ 26.7% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €565,828 | €1.2m | €600,087 | €362,109 | €729,268 | ▲ 101% |
| + Depreciation and write-downs630 | €97,000 | €97,000 | €97,000 | €97,000 | €97,000 | = |
| Operating cash flow (approximation) | €662,828 | €1.3m | €697,087 | €459,109 | €826,268 | ▲ 80.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€70,875 | - |
| Change in cash | - | -€2,307 | €3,422 | €63,377 | -€61,255 | ▼ 197% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
02-06
State Gazette act
General meeting · Merger
Accounting effect · Dissolution
17-03
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Weakest financial yearnet €362,109 ▼39.7%
Net result drops to €362,109, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
07-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial
Highest result since 2012net €1.2m ▲113%
Net result €1.2m, the highest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
12-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
18-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
28-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
Show earlier events
2009
26-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
09-07
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
01-10
State Gazette act
General meeting · Director reappointment
Auditor appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceact 17-03-2017100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:DECO HOLDING