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InactiveFinancials · financial year 2016, abbreviated format
Annual accounts 2016 filed on 29-06-2017 PDF all 2 filings
Turnover
≈ €95,000
Estimated: probably between €50,000 and €180,000
Total assets
€3,507▼ 54.6%
2015 · €7,729
Net result
€24,154
2015 · -€57,701
Working capital
-€7,052▲ 78.6%
2015 · -€32,948
Multi-year overview
2015 to 2016, 2 financial yearsOperating result
€24,204
2016
20152016
Net result
€24,154
2016
20152016
Equity
-€3,547
▲ 87.2%
2016
20152016
Total assets
€3,507
▼ 54.6%
2016
20152016
Debt
€7,054
▼ 80.1%
2016
20152016
Working capital
-€7,052
▲ 78.6%
2016
20152016
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20152016
Operating result-€57,589-€24,204
Net result-€57,701-€24,154
Equity-€27,701--€3,547▲ 87.2%
Total assets€7,729-€3,507▼ 54.6%
Debt€35,430-€7,054▼ 80.1%
Working capital-€32,948--€7,052▲ 78.6%
The operating result for 2016 is a profit of €24,204, after a loss of €57,589 in 2015.
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
2016 in colour, 2015 as the grey bar beneath
Assets €482
Fixed assets
€481 ▼ 90.8%
Current assets
€1 ▼ 99.9%
Equity and liabilities
Equity-€3,547
Debt€7,054
Equity is negative. Debt (€7,054) exceeds the balance-sheet total (€3,507).
Key figures and ratios
EBITDA
€25,945▲
2015 · -€55,413
Cash flow
€25,895▲
2015 · -€55,525
Debt ≤ 1 year
€7,054▼
2015 · €35,430
Income taxes
€1
The ratios are withheld because a balance sheet total of €3,507 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 | 2015 | 2016 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,176 | €1,741 | ▼ 20.0% |
| Gross operating margin9900 | -€54,718 | €26,641 | - |
| Operating profit (loss)9901 | -€57,589 | €24,204 | - |
| Recurring financial income75 | €4 | - | - |
| Recurring financial charges65 | €116 | €48 | ▼ 58.3% |
| Profit (loss) for the period before taxes9903 | -€57,701 | €24,155 | - |
| Income taxes67/77 | - | €1 | - |
| Profit (loss) for the period9904 | -€57,701 | €24,154 | - |
| Profit (loss) for the period to be appropriated9905 | -€57,701 | €24,154 | - |
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €7,729 | €3,507 | ▼ 54.6% |
| Formation expenses20 | €4,125 | €3,025 | ▼ 26.7% |
| Fixed assets21/28 | €5,247 | €481 | ▼ 90.8% |
| Tangible fixed assets22/27 | €1,122 | €481 | ▼ 57.1% |
| Current assets29/58 | €2,482 | €1 | ▼ 99.9% |
| Amounts receivable within one year40/41 | €1,803 | - | - |
| Cash at bank and in hand54/58 | €680 | €1 | ▼ 99.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €7,729 | €3,507 | ▼ 54.6% |
| Equity10/15 | -€27,701 | -€3,547 | ▲ 87.2% |
| Contributions10/11 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€57,701 | -€33,547 | ▲ 41.9% |
| Amounts payable17/49 | €35,430 | €7,054 | ▼ 80.1% |
| Amounts payable within one year42/48 | €35,430 | €7,054 | ▼ 80.1% |
| Trade debts44 | €15,340 | €692 | ▼ 95.5% |
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€57,701 | €24,154 | - |
| + Depreciation and write-downs630 | €2,176 | €1,741 | ▼ 20.0% |
| Operating cash flow (approximation) | -€55,525 | €25,895 | - |
| Investment in fixed assets (approximation) | - | €3,025 | - |
| Change in cash | - | -€678 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.