STEF
InactiveFinancials · financial year 2014, full format
Annual accounts 2014 filed on 16-07-2015 PDF all 5 filings
Turnover
€524,661
EBIT margin
2.1%
Net result
-€924▲ 96.4%
2013 · -€25,752
Working capital
-€6,776▼ 9.4%
2013 · -€6,191
Multi-year overview
2010 to 2014, 5 financial yearsTurnover
no figure
2014
20102014
Operating result
-€858
▲ 96.6%
2014
20102014
Net result
-€924
▲ 96.4%
2014
20102014
EBIT margin
no figure
2014
20102014
Equity
-€6,776
▼ 15.8%
2014
20102014
Total assets
€136
▼ 85.3%
2014
20102014
Debt
€6,912
▲ 2.0%
2014
20102014
Working capital
-€6,776
▼ 9.4%
2014
20102014
Staff (FTE)
no figure
2014
20102014
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011201220132014
Turnover€524,661-
Operating result€11,065--€7,922-€102▲ 98.7%-€25,383▼ 24,890%-€858▲ 96.6%
Net result€6,259--€8,060-€1,499▲ 81.4%-€25,752▼ 1,618%-€924▲ 96.4%
EBIT margin2.1%-
Equity€16,259-€8,199▼ 49.6%€6,700▼ 18.3%-€5,852-€6,776▼ 15.8%
Total assets€93,285-€86,699▼ 7.1%€27,032▼ 68.8%€921▼ 96.6%€136▼ 85.3%
Debt€77,026-€78,500▲ 1.9%€20,332▼ 74.1%€6,773▼ 66.7%€6,912▲ 2.0%
Working capital€7,279--€2,233€5,676-€6,191-€6,776▼ 9.4%
Staff (FTE)4.9-2.6▼ 46.9%
The operating result for 2014 is a loss of €858, smaller than the loss of €25,383 in 2013.
Key figures and ratios
Debt ≤ 1 year
€6,912▲
2013 · €6,773
The ratios are withheld because a balance sheet total of €136 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €524,661 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,816 | €8,320 | €585 | €113 | - | - |
| Gross operating margin9900 | €114,448 | €87,639 | €54,619 | -€12,028 | -€858 | ▲ 92.9% |
| Operating profit (loss)9901 | €11,065 | -€7,922 | -€102 | -€25,383 | -€858 | ▲ 96.6% |
| Recurring financial income75 | €32 | €933 | €206 | €11 | - | - |
| Recurring financial charges65 | €1,334 | €1,038 | €1,435 | €380 | €67 | ▼ 82.4% |
| Profit (loss) for the period before taxes9903 | €9,763 | -€8,027 | -€1,331 | -€25,752 | -€924 | ▲ 96.4% |
| Income taxes67/77 | €3,505 | €33 | €168 | - | - | - |
| Profit (loss) for the period9904 | €6,259 | -€8,060 | -€1,499 | -€25,752 | -€924 | ▲ 96.4% |
| Profit (loss) for the period to be appropriated9905 | €6,259 | -€8,060 | -€1,499 | -€25,752 | -€924 | ▲ 96.4% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93,285 | €86,699 | €27,032 | €921 | €136 | ▼ 85.3% |
| Formation expenses20 | €662 | €473 | €284 | - | - | - |
| Fixed assets21/28 | €35,545 | €27,225 | €1,025 | €340 | - | - |
| Intangible fixed assets21 | €2,100 | €1,500 | - | - | - | - |
| Tangible fixed assets22/27 | €32,301 | €24,769 | €708 | €340 | - | - |
| Financial fixed assets28 | €483 | €483 | €33 | - | - | - |
| Current assets29/58 | €57,739 | €59,474 | €26,007 | €582 | €136 | ▼ 76.7% |
| Stocks and contracts in progress3 | €4,787 | €4,572 | - | - | - | - |
| Amounts receivable within one year40/41 | €3,578 | €4,629 | €8,226 | €323 | - | - |
| Cash at bank and in hand54/58 | €47,774 | €49,272 | €17,781 | €258 | €136 | ▼ 47.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93,285 | €86,699 | €27,032 | €921 | €136 | ▼ 85.3% |
| Equity10/15 | €16,259 | €8,199 | €6,700 | -€5,852 | -€6,776 | ▼ 15.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €23,200 | €23,200 | = |
| Reserves13 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €3,259 | -€4,801 | -€6,300 | -€32,052 | -€32,976 | ▼ 2.9% |
| Amounts payable17/49 | €77,026 | €78,500 | €20,332 | €6,773 | €6,912 | ▲ 2.0% |
| Amounts payable after more than one year17 | €23,066 | €16,793 | - | - | - | - |
| Amounts payable within one year42/48 | €50,460 | €61,707 | €20,332 | €6,773 | €6,912 | ▲ 2.0% |
| Trade debts44 | €30,454 | €39,202 | €16,692 | €3,863 | €950 | ▼ 75.4% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,259 | -€8,060 | -€1,499 | -€25,752 | -€924 | ▲ 96.4% |
| + Depreciation and write-downs630 | €5,816 | €8,320 | €585 | €113 | - | - |
| Operating cash flow (approximation) | €12,075 | €261 | -€914 | -€25,639 | -€924 | ▲ 96.4% |
| Investment in fixed assets (approximation) | - | €0 | €25,615 | €572 | - | - |
| Change in cash | - | €1,499 | -€31,491 | -€17,523 | -€123 | ▲ 99.3% |
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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2014 | full format | 16-07-2015 | 2015-31800430 | |
| 31-12-2013 | full format | 07-07-2014 | 2014-27600253 | |
| 31-12-2012 | full format | 27-03-2013 | 2013-07400162 | |
| 31-12-2011 | full format | 21-02-2013 | 2013-04400411 | |
| 31-12-2010 | full format | 31-08-2011 | 2011-49100383 |