SOGEPAR CONSTRUCT
Open bankruptcyFinancials · financial year 2015, full format
Annual accounts 2015 filed on 31-05-2016 PDF all 25 filings
Turnover
€17.9m▼ 11.1%
2014 · €20.1m
EBIT margin
0.9%▼ 0.8pp
2014 · 1.7%
Net result
-€6,519
2014 · €96,965
Working capital
€559,691▼ 37.7%
2014 · €898,694
Trend over the years
2011 to 2015, 5 financial years 2011 to 2015, 5 financial years
The operating result for 2015 is 54% lower than in 2014.
Turnover€17.9m
2015
Operating result€0.2m
2015
Net result-€0.007m
2015
Total assets€11.8m
2015
Equity€1.9m
2015
Debt€9.8m
2015
Working capital€0.6m
2015
EBIT margin0.9%
2015
Staff (FTE)54.4
2015
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Turnover€19.6m€21.7m▲ 10.9%€20.1m▼ 7.4%€17.9m▼ 11.1%
Operating result€0.3m-€0.2m▼ 37.2%€0.06m▼ 73.0%€0.3m▲ 512%€0.2m▼ 53.6%
Net result€0.2m-€0.2m▼ 11.8%-€0.08m€0.1m-€0.007m
EBIT margin1.1%0.3%▼ 0.8pp1.7%▲ 1.5pp0.9%▼ 0.8pp
Equity€1.8m-€1.9m▲ 9.5%€1.8m▼ 6.4%€1.9m▲ 3.1%€1.9m▼ 0.7%
Total assets€8.7m-€8.9m▲ 2.3%€11.2m▲ 26.5%€10.0m▼ 10.5%€11.8m▲ 17.0%
Debt€6.8m-€6.8m▲ 0.5%€9.3m▲ 36.2%€8.1m▼ 13.1%€9.8m▲ 21.2%
Working capital€1.6m-€1.4m▼ 15.6%€1.0m▼ 29.0%€0.9m▼ 7.5%€0.6m▼ 37.7%
Staff (FTE)47.1-61.3▲ 30.1%62.2▲ 1.5%61.5▼ 1.1%54.4▼ 11.5%
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €11.8m
Fixed assets
€2.5m ▲ 7.2%
Current assets
€9.2m ▲ 19.9%
Equity and liabilities €11.8m
Equity
€1.9m ▼ 0.7%
Provisions
€65,160 ▼ 7.5%
Debt
€9.8m ▲ 21.2%
Debt's share of the balance-sheet total rises from 80.7% to 83.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€483,610▼
2014 · €675,830
Cash flow
€317,556▼
2014 · €428,610
Current ratio
1.06▼
2014 · 1.13
Quick ratio
1.04▼
2014 · 1.10
Debt to equity
0.61▼
2014 · 0.69
ROE
-0.4%▼
2014 · 5.2%
ROA
-0.1%▼
2014 · 1.0%
Interest coverage
3.42▼
2014 · 5.20
Debt ≤ 1 year
€8.7m▲
2014 · €6.8m
Debt > 1 year
€1.1m▼
2014 · €1.3m
Income taxes
€37,806▼
2014 · €95,810
Customer credit
144 days▲
2014 · 130 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €19.6m | €21.7m | €20.1m | €17.9m | ▼ 11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 2.3% |
| Gross operating margin9900 | €2.6m | - | - | - | - | - |
| Operating profit (loss)9901 | €0.3m | €0.2m | €0.06m | €0.3m | €0.2m | ▼ 53.6% |
| Recurring financial income75 | €0.1m | €0.1m | €0.06m | €0.03m | €0.05m | ▲ 63.7% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.4% |
| Debt charges650 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.3m | -€0.08m | €0.2m | €0.03m | ▼ 86.1% |
| Income taxes67/77 | €0.2m | €0.1m | €0.001m | €0.1m | €0.04m | ▼ 60.5% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | -€0.08m | €0.1m | -€0.007m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.2m | -€0.07m | €0.1m | €0.004m | ▼ 96.6% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.7m | €8.9m | €11.2m | €10.0m | €11.8m | ▲ 17.0% |
| Fixed assets21/28 | €1.9m | €2.2m | €2.5m | €2.3m | €2.5m | ▲ 7.2% |
| Intangible fixed assets21 | €0.003m | €0.003m | €0.005m | €0.002m | €0.001m | ▼ 58.7% |
| Tangible fixed assets22/27 | €1.7m | €1.9m | €2.2m | €1.9m | €2.0m | ▲ 1.6% |
| Financial fixed assets28 | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 34.3% |
| Current assets29/58 | €6.8m | €6.7m | €8.7m | €7.7m | €9.2m | ▲ 19.9% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 0.9% |
| Amounts receivable within one year40/41 | €5.4m | €6.1m | €7.6m | €7.2m | €7.0m | ▼ 2.1% |
| Cash at bank and in hand54/58 | €0.8m | €0.2m | €0.8m | €0.2m | €1.8m | ▲ 790% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.7m | €8.9m | €11.2m | €10.0m | €11.8m | ▲ 17.0% |
| Equity10/15 | €1.8m | €1.9m | €1.8m | €1.9m | €1.9m | ▼ 0.7% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 4.2% |
| Profit (loss) carried forward14 | €0.9m | €1.0m | €0.9m | €1.0m | €1.0m | ▲ 0.4% |
| Provisions and deferred taxes16 | €0.09m | €0.08m | €0.08m | €0.07m | €0.07m | ▼ 7.5% |
| Amounts payable17/49 | €6.8m | €6.8m | €9.3m | €8.1m | €9.8m | ▲ 21.2% |
| Amounts payable after more than one year17 | €1.7m | €1.5m | €1.6m | €1.3m | €1.1m | ▼ 11.9% |
| Amounts payable within one year42/48 | €5.1m | €5.3m | €7.7m | €6.8m | €8.7m | ▲ 27.5% |
| Trade debts44 | €4.3m | €4.2m | €6.3m | €5.2m | €5.9m | ▲ 14.9% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | -€0.08m | €0.1m | -€0.007m | - |
| + Depreciation and write-downs630 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 2.3% |
| Operating cash flow (approximation) | €0.5m | €0.5m | €0.2m | €0.4m | €0.3m | ▼ 25.9% |
| Investment in fixed assets (approximation) | - | -€0.5m | -€0.7m | -€0.2m | -€0.5m | ▼ 217% |
| Change in cash | - | -€0.6m | €0.7m | -€0.6m | €1.6m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2015 | full format | 31-05-2016 | 2016-14600129 | |
| 31-12-2014 | full format | 08-07-2015 | 2015-28600206 | |
| 31-12-2013 | full format | 13-05-2014 | 2014-11900584 | |
| 31-12-2012 | full format | 07-05-2013 | 2013-11200374 | |
| 31-12-2011 | full format | 23-05-2012 | 2012-12100543 | |
| 31-12-2010 | full format | 16-06-2011 | 2011-16800444 | |
| 31-12-2009 | full format | 16-04-2010 | 2010-09300003 | |
| 31-12-2008 | full format | 15-05-2009 | 2009-14900291 | |
| 31-12-2007 | full format | 21-04-2008 | 2008-11000138 | |
| 31-12-2006 | full format | 07-06-2007 | 2007-19500276 |