STATION ZUID

Inactive

KBO/BCE: BE 0454.664.041

No longer registered with the KBO; last annual accounts for fiscal year 2012.

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Signals

Three signals. The signal on the left, the evidence on the right.

○neutral

No filing for years

The last filed financial year closed on 31-12-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2013 close31-07-2014 deadline15-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 17-04-2013, 105 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2012, full schema

Turnover

€100k▲ 3.0%

2011 · €97k

2008: €84k 2009: €110k 2010: €95k 2011: €97k

2008 → 2012

EBIT margin

81.5%▼ 0.1pp

2011 · 81.6%

2008: 79.5% 2009: 82.5% 2010: 81.0% 2011: 81.6%

2008 → 2012

Net result

€37k▼ 31.7%

2011 · €54k

2008: €4k 2009: €51k 2010: €59k 2011: €54k

2008 → 2012

Working capital

€-893k▲ 5.9%

2011 · €-949k

2008: €-1.18M 2009: €-1.08M 2010: €-1.03M 2011: €-949k

2008 → 2012

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20082009201020112012Trend

Turnover€84k-€110k▲ 31.5%€95k▼ 14.3%€97k▲ 2.9%€100k▲ 3.0%

Equity€88k-€138k▲ 58.2%€197k▲ 42.6%€252k▲ 27.4%€288k▲ 14.7%

Operating result€67k-€91k▲ 36.4%€77k▼ 15.8%€79k▲ 3.7%€82k▲ 2.9%

Net result€4k-€51k▲ 1,330%€59k▲ 15.8%€54k▼ 8.3%€37k▼ 31.7%

Result per fiscal year

Operating resultNet result

After the dip in 2010 the operating result has climbed two years in a row; 2012 is 3% above 2011.

Balance-sheet composition

2012 in colour, 2011 as the grey bar beneath

Assets €1.33M

91.3%

Fixed assets €1.21M▼ 1.2%

Current assets €115k▼ 24.4%

Equity and liabilities €1.33M

21.8%

78.2%

Equity €288k▲ 14.7%

Debt €1.04M▼ 7.9%

The debt ratio falls from 81.8% to 78.2%: equity grows while debt is paid down.

Key figures and ratios

2012 value · change against 2011

EBITDA

€97k▲

2011 · €95k

Cash flow

€52k▼

2011 · €69k

Solvency

21.8%▲

2011 · 18.2%

Current ratio

0.11▼

2011 · 0.14

Quick ratio

0.11▼

2011 · 0.14

ROE

12.8%▼

2011 · 21.5%

ROA

2.8%▼

2011 · 3.9%

Interest coverage

3.24▼

2011 · 3.68

Debt

€1.04M▼

2011 · €1.13M

Debt ≤ 1 year

€1.01M▼

2011 · €1.10M

Income taxes

€15k▲

2011 · €-21

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2012 against 2011

Balance sheet Code20112012

Assets

Total assets20/58€1.38M€1.33M▼

Fixed assets21/28€1.23M€1.21M▼

Tangible fixed assets22/27€1.23M€1.21M▼

Current assets29/58€152k€115k▼

Cash at bank and in hand54/58€152k€115k▼

Equity and liabilities

Total equity and liabilities10/49€1.38M€1.33M▼

Equity10/15€252k€288k▲

Contributions10/11€250k€250k=

Reserves13€471€38k▲

Profit (loss) carried forward14€1k€5▼

Amounts payable17/49€1.13M€1.04M▼

Amounts payable within one year42/48€1.10M€1.01M▼

Trade debts44€1k-

Income statement Code20112012

Turnover70€97k€100k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=

Operating profit (loss)9901€79k€82k▲

Recurring financial income75€270€121▼

Recurring financial charges65€26k€30k▲

Debt charges650€26k€30k▲

Profit (loss) for the period before taxes9903€54k€52k▼

Income taxes67/77€-21€15k▲

Profit (loss) for the period9904€54k€37k▼

Profit (loss) for the period to be appropriated9905€54k€37k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 16Financial 4Gazette 2Filings 10

2014

07-01

State Gazette act General meeting · Merger

Dissolution · Accounting effect

2013

14-11

State Gazette act Merger · Capital

Accounting effect

17-04

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

23-04

NBB filing Annual accounts filed

fiscal year 2011 · full schema

2011

31-12

Financial Equity above €200kEq €252k ▲27.4%

4 profitable years in a row build equity to €252k.

21-04

NBB filing Annual accounts filed

fiscal year 2010 · full schema

2010

31-12

Financial Highest result since 2008net €59k ▲15.8%

Net result €59k, the highest in the series.

31-12

Financial Equity above €150kEq €197k ▲42.6%

3 profitable years in a row build equity to €197k.

29-04

NBB filing Annual accounts filed

fiscal year 2009 · full schema

2009

31-12

Financial Equity above €100kEq €138k ▲58.2%

2 profitable years in a row build equity to €138k.

24-04

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

17-04

NBB filing Annual accounts filed

fiscal year 2007 · full schema

2007

24-04

NBB filing Annual accounts filed

fiscal year 2006 · full schema

2006

20-04

NBB filing Annual accounts filed

fiscal year 2005 · full schema

2005

09-06

NBB filing Annual accounts filed

fiscal year 2004 · full schema

2004

17-05

NBB filing Annual accounts filed

fiscal year 2003 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:BANK J. VAN BREDA & C°

BE 0404.055.577State Gazette act of 07-01-2014 (2 acts) · effective 24-10-2013