SYLVER
InactiveFinancials · financial year 2018, abbreviated format
Annual accounts 2018 filed on 24-12-2018 PDF all 3 filings
Turnover
≈ €110,000
Estimated: probably between €57,000 and €200,000
Total assets
€9,005▲ 121%
2017 · €4,075
Net result
€23,588
2017 · -€13,451
Working capital
€8,896
2017 · -€14,692
Multi-year overview
2016 to 2018, 3 financial yearsOperating result
€23,823
2018
20162018
Net result
€23,588
2018
20162018
Equity
€8,896
2018
20162018
Total assets
€9,005
▲ 121%
2018
20162018
Debt
€109
▼ 99.4%
2018
20162018
Working capital
€8,896
2018
20162018
Staff (FTE)
0
▼ 100%
2018
20162018
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201620172018
Operating result-€20,296--€12,011▲ 40.8%€23,823
Net result-€21,241--€13,451▲ 36.7%€23,588
Equity-€1,241--€14,692▼ 1,084%€8,896
Total assets€65,233-€4,075▼ 93.8%€9,005▲ 121%
Debt€66,474-€18,767▼ 71.8%€109▼ 99.4%
Working capital-€24,613--€14,692▲ 40.3%€8,896
Staff (FTE)2.1-1.3▼ 38.1%0▼ 100%
The operating result for 2018 is a profit of €23,823, after a loss of €12,011 in 2017. It is the highest result since 2016.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €9,005
Equity
€8,896
Debt
€109
Debt's share of the balance-sheet total is 1.2%.
Key figures and ratios
Current ratio
82.90
ROE
265.2%
ROA
262.0%
Debt ≤ 1 year
€109▼
2017 · €18,767
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,513 | - | - | - |
| Gross operating margin9900 | €53,917 | €48,433 | €29,994 | ▼ 38.1% |
| Operating profit (loss)9901 | -€20,296 | -€12,011 | €23,823 | - |
| Recurring financial income75 | €2,093 | €1,912 | - | - |
| Recurring financial charges65 | €3,038 | €3,352 | €235 | ▼ 93.0% |
| Profit (loss) for the period before taxes9903 | -€21,241 | -€13,451 | €23,588 | - |
| Income taxes67/77 | €0 | €0 | - | - |
| Profit (loss) for the period9904 | -€21,241 | -€13,451 | €23,588 | - |
| Profit (loss) for the period to be appropriated9905 | -€21,241 | -€13,451 | €23,588 | - |
| Line | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €65,233 | €4,075 | €9,005 | ▲ 121% |
| Fixed assets21/28 | €53,173 | - | - | - |
| Tangible fixed assets22/27 | €50,173 | - | - | - |
| Financial fixed assets28 | €3,000 | - | - | - |
| Current assets29/58 | €12,060 | €4,075 | €9,005 | ▲ 121% |
| Stocks and contracts in progress3 | €6,938 | - | - | - |
| Amounts receivable within one year40/41 | €453 | €2,299 | €64 | ▼ 97.2% |
| Cash at bank and in hand54/58 | €1,546 | €1,239 | €8,549 | ▲ 590% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €65,233 | €4,075 | €9,005 | ▲ 121% |
| Equity10/15 | -€1,241 | -€14,692 | €8,896 | - |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€21,241 | -€34,692 | -€11,104 | ▲ 68.0% |
| Amounts payable17/49 | €66,474 | €18,767 | €109 | ▼ 99.4% |
| Amounts payable after more than one year17 | €28,550 | - | - | - |
| Amounts payable within one year42/48 | €36,673 | €18,767 | €109 | ▼ 99.4% |
| Trade debts44 | €6,577 | €813 | - | - |
| Line | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,241 | -€13,451 | €23,588 | - |
| + Depreciation and write-downs630 | €12,513 | - | - | - |
| Operating cash flow (approximation) | -€8,728 | -€13,451 | €23,588 | - |
| Change in cash | - | -€306 | €7,309 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.