SUNCOP I
InactiveInactive; last annual accounts for fiscal year 2016.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2016 was due by 31-01-2017 and was filed on 22-06-2017, 142 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2016
142 d late
2015
60 d early
2014
32 d late
2013
27 d late
2012
30 d early
2011
13 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, full schema
Turnover
€316k▼ 52.7%
2015 · €667k
2015: €667k
2015 → 2016
EBIT margin
22.3%▲ 1.9pp
2015 · 20.4%
2015: 20.4%
2015 → 2016
Net result
€-202k
2015 · €93k
2012: €85k
2013: €58k
2014: €8k
2015: €93k
2012 → 2016
Working capital
€112k▼ 62.2%
2015 · €296k
2012: €420k
2013: €519k
2014: €680k
2015: €296k
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20122013201420152016Trend
Turnover€667k€316k▼ 52.7%
Equity€178k-€223k▲ 25.1%€218k▼ 2.5%€306k▲ 40.4%€1.47M▲ 380%
Operating result€284k-€191k▼ 32.7%€212k▲ 11.1%€136k▼ 35.9%€70k▼ 48.3%
Net result€85k-€58k▼ 31.9%€8k▼ 86.5%€93k▲ 1,083%€-202k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2016 is 48% below 2015 and is the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €4.25M
Fixed assets
€3.70M ▲ 50.6%
Current assets
€546k ▲ 9.1%
Equity and liabilities €4.25M
Equity
€1.47M ▲ 380%
Debt
€2.78M ▲ 4.8%
Debt's share of the balance-sheet total falls from 89.7% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€204k▼
2015 · €406k
Cash flow
€-68k▼
2015 · €362k
Current ratio
1.26▼
2015 · 2.45
Debt to equity
1.60▼
2015 · 8.02
ROE
-13.8%▼
2015 · 30.3%
ROA
-4.8%▼
2015 · 3.1%
Interest coverage
3.42▲
2015 · 2.90
Debt ≤ 1 year
€434k▲
2015 · €204k
Debt > 1 year
€2.35M▼
2015 · €2.45M
Income taxes
€217k▲
2015 · €-15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2016 against 2015 · 25 lines
Balance sheet
Code20152016
Assets
Total assets20/58€2.96M€4.25M▲
Fixed assets21/28€2.46M€3.70M▲
Tangible fixed assets22/27€2.46M€3.70M▲
Current assets29/58€501k€546k▲
Amounts receivable within one year40/41€490k€521k▲
Cash at bank and in hand54/58€11k€24k▲
Equity and liabilities
Total equity and liabilities10/49€2.96M€4.25M▲
Equity10/15€306k€1.47M▲
Contributions10/11€63k€63k=
Reserves13€137k€137k=
Profit (loss) carried forward14€93k€-110k▼
Amounts payable17/49€2.65M€2.78M▲
Amounts payable after more than one year17€2.45M€2.35M▼
Amounts payable within one year42/48€204k€434k▲
Trade debts44€6k€39k▲
Income statement
Code20152016
Turnover70€667k€316k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270k€134k▼
Operating profit (loss)9901€136k€70k▼
Recurring financial income75€83k€5k▼
Recurring financial charges65€141k€60k▼
Debt charges650€140k€60k▼
Profit (loss) for the period before taxes9903€78k€15k▼
Income taxes67/77€-15k€217k▲
Profit (loss) for the period9904€93k€-202k▼
Profit (loss) for the period to be appropriated9905€93k€-202k▼
Timeline · acts, filings and financial milestones
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 142 days late
2016
18-07
State Gazette act
Board meeting · Merger
Dissolution · Accounting effect · Yves De Ruyver
18-07
State Gazette act
Board meeting · Merger
Accounting effect · Share cancellation · Yves De Ruyver
30-06
Financial
Weakest financial yearnet €-202k
Net result drops to €-202k, the lowest in the series.
30-06
Financial
Equity above €1MEq €1.47M ▲380%
Equity rises from €306k to €1.47M.
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
26-05
State Gazette act
Merger · Corporate purpose
Accounting effect
2015
31-12
Financial
Highest result since 2012net €93k ▲1,083%
Net result €93k, the highest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 32 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
31-12
Financial
Equity above €200kEq €223k ▲25.1%
2 profitable years in a row build equity to €223k.
01-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
13-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 13 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Warehouses De Pauw