SUPEFRA
InactiveInactive; last annual accounts for fiscal year 2015.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2016 close31-07-2017 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 20-06-2016, 41 days ahead of the deadline.
NBB · 10 filingsDeviation 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 →
Checked, nothing found (1)
Financials · fiscal year 2015, full schema
Turnover
€2.52M▼ 13.4%
2014 · €2.91M
2011: €2.10Mlowest in 5 years
2012: €2.87M▲ +36.4% vs 2011
2013: €2.59M▼ -9.7% vs 2012
2014: €2.91M▲ +12.5% vs 2013highest in 5 years
2015: €2.52M▼ -13.4% vs 2014
2011 → 2015
EBIT margin
-2.6%▼ 4.3pp
2014 · 1.6%
2011: -4.9%lowest in 5 years
2012: -1.0%▲ +80.0% vs 2011
2013: -2.1%▼ -111% vs 2012
2014: 1.6%▲ +180% vs 2013highest in 5 years
2015: -2.6%▼ -259% vs 2014
2011 → 2015
Net result
€-67k
2014 · €47k
2011: €-97klowest in 5 years
2012: €-30k▲ +69.1% vs 2011
2013: €-54k▼ -81.3% vs 2012
2014: €47k▲ +186% vs 2013highest in 5 years
2015: €-67k▼ -243% vs 2014
2011 → 2015
Working capital
€10k▼ 88.5%
2014 · €88k
2011: €103khighest in 5 years
2012: €75k▼ -26.7% vs 2011
2013: €28k▼ -63.3% vs 2012
2014: €88k▲ +218% vs 2013
2015: €10k▼ -88.5% vs 2014lowest in 5 years
2011 → 2015
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20112012201320142015Trend
Turnover€2.10M-€2.87M▲ 36.4%€2.59M▼ 9.7%€2.91M▲ 12.5%€2.52M▼ 13.4%
2011: €2.10Mlowest in 5 years
2012: €2.87M▲ +36.4% vs 2011
2013: €2.59M▼ -9.7% vs 2012
2014: €2.91M▲ +12.5% vs 2013highest in 5 years
2015: €2.52M▼ -13.4% vs 2014
Equity€177k-€148k▼ 16.9%€93k▼ 36.8%€140k▲ 50.2%€73k▼ 48.0%
2011: €177khighest in 5 years
2012: €148k▼ -16.9% vs 2011
2013: €93k▼ -36.8% vs 2012
2014: €140k▲ +50.2% vs 2013
2015: €73k▼ -48.0% vs 2014lowest in 5 years
Operating result€-102k-€-28k▲ 72.7%€-53k▼ 90.3%€48k€-66k
2011: €-102klowest in 5 years
2012: €-28k▲ +72.7% vs 2011
2013: €-53k▼ -90.3% vs 2012
2014: €48k▲ +190% vs 2013highest in 5 years
2015: €-66k▼ -238% vs 2014
Net result€-97k-€-30k▲ 69.1%€-54k▼ 81.3%€47k€-67k
2011: €-97klowest in 5 years
2012: €-30k▲ +69.1% vs 2011
2013: €-54k▼ -81.3% vs 2012
2014: €47k▲ +186% vs 2013highest in 5 years
2015: €-67k▼ -243% vs 2014
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2015: a loss of €66k after €48k in 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €730k
Fixed assets
€67k ▲ 19.0%
Current assets
€663k ▲ 1.4%
Equity and liabilities €730k
Equity
€73k ▼ 48.0%
Debt
€657k ▲ 15.3%
Debt's share of the balance-sheet total rises from 80.3% to 90.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-53k▼
2014 · €66k
Cash flow
€-54k▼
2014 · €65k
Current ratio
1.02▼
2014 · 1.16
Quick ratio
0.82▼
2014 · 0.94
ROE
-92.2%▼
2014 · 33.4%
ROA
-9.2%▼
2014 · 6.6%
Debt ≤ 1 year
€653k▲
2014 · €566k
Income taxes
€215▲
2014 · €9
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 · 2015 against 2014 · 24 lines
Balance sheet
Code20142015
Assets
Total assets20/58€710k€730k▲
Fixed assets21/28€56k€67k▲
Tangible fixed assets22/27€56k€67k▲
Current assets29/58€654k€663k▲
Stocks and contracts in progress3€123k€125k▲
Amounts receivable within one year40/41€416k€393k▼
Cash at bank and in hand54/58€113k€141k▲
Equity and liabilities
Total equity and liabilities10/49€710k€730k▲
Equity10/15€140k€73k▼
Contributions10/11€129k€129k=
Reserves13€13k€13k=
Profit (loss) carried forward14€-2k€-69k▼
Amounts payable17/49€570k€657k▲
Amounts payable within one year42/48€566k€653k▲
Trade debts44€522k€619k▲
Income statement
Code20142015
Turnover70€2.91M€2.52M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€13k▼
Operating profit (loss)9901€48k€-66k▼
Recurring financial income75€36€40▲
Recurring financial charges65€1k€774▼
Profit (loss) for the period before taxes9903€47k€-67k▼
Income taxes67/77€9€215▲
Profit (loss) for the period9904€47k€-67k▼
Profit (loss) for the period to be appropriated9905€47k€-67k▼
Accounts by statement
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.10M | €2.87M | €2.59M | €2.91M | €2.52M | ▼ 13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €29k | €25k | €18k | €13k | ▼ 28.6% |
| Operating profit (loss)9901 | €-102k | €-28k | €-53k | €48k | €-66k | ▼ 238% |
| Recurring financial income75 | €254 | €226 | €121 | €36 | €40 | ▲ 12.3% |
| Recurring financial charges65 | €3k | €2k | €1k | €1k | €774 | ▼ 33.0% |
| Debt charges650 | €2k | €1k | €411 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-94k | €-30k | €-54k | €47k | €-67k | ▼ 243% |
| Income taxes67/77 | €3k | €-4 | €124 | €9 | €215 | ▲ 2,305% |
| Profit (loss) for the period9904 | €-97k | €-30k | €-54k | €47k | €-67k | ▼ 243% |
| Profit (loss) for the period to be appropriated9905 | €-97k | €-30k | €-54k | €47k | €-67k | ▼ 243% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €665k | €742k | €629k | €710k | €730k | ▲ 2.8% |
| Fixed assets21/28 | €94k | €76k | €70k | €56k | €67k | ▲ 19.0% |
| Tangible fixed assets22/27 | €94k | €76k | €70k | €56k | €67k | ▲ 19.0% |
| Current assets29/58 | €572k | €665k | €559k | €654k | €663k | ▲ 1.4% |
| Stocks and contracts in progress3 | €137k | €126k | €141k | €123k | €125k | ▲ 1.7% |
| Amounts receivable within one year40/41 | €335k | €467k | €347k | €416k | €393k | ▼ 5.7% |
| Cash at bank and in hand54/58 | €99k | €69k | €71k | €113k | €141k | ▲ 24.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €665k | €742k | €629k | €710k | €730k | ▲ 2.8% |
| Equity10/15 | €177k | €148k | €93k | €140k | €73k | ▼ 48.0% |
| Contributions10/11 | €129k | €129k | €129k | €129k | €129k | = |
| Reserves13 | €49k | €19k | €13k | €13k | €13k | = |
| Profit (loss) carried forward14 | - | - | €-49k | €-2k | €-69k | ▼ 3,889% |
| Amounts payable17/49 | €488k | €594k | €536k | €570k | €657k | ▲ 15.3% |
| Amounts payable after more than one year17 | €15k | - | - | - | - | - |
| Amounts payable within one year42/48 | €469k | €590k | €532k | €566k | €653k | ▲ 15.4% |
| Trade debts44 | €405k | €531k | €472k | €522k | €619k | ▲ 18.5% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-97k | €-30k | €-54k | €47k | €-67k | ▼ 243% |
| + Depreciation and write-downs630 | €35k | €29k | €25k | €18k | €13k | ▼ 28.6% |
| Operating cash flow (approximation) | €-62k | €-1k | €-29k | €65k | €-54k | ▼ 184% |
| Investment in fixed assets (approximation) | - | €-11k | €-18k | €-5k | €-24k | ▼ 415% |
| Change in cash | - | €-30k | €2k | €42k | €28k | ▼ 34.4% |
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
2016
28-10
State Gazette act
Board meeting · Merger
Corporate purpose · Capital
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial
Back to profitnet €47k
Net result €47k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €140k ▲50.2%
Equity rises from €93k to €140k.
06-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
21-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
22-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
07-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
23-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
16-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
02-07
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
11-07
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
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
Acquisitions and mergers
1 transactionTaken over by:Olympia