THE BRIDGE LOGISTICS III
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 · 5 filingsDeviation from the deadline
2016
142 d late
2015
60 d early
2014
53 d early
2013
17 d late
2012
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, full schema
Turnover
€564k▲ 24.3%
2015 · €454k
2015: €454k
2015 → 2016
EBIT margin
33.1%▲ 22.5pp
2015 · 10.6%
2015: 10.6%
2015 → 2016
Net result
€-466k▼ 248%
2015 · €-134k
2012: €-2k
2013: €2k
2014: €1k
2015: €-134k
2012 → 2016
Working capital
€-17.75M▼ 39.9%
2015 · €-12.69M
2013: €4k
2014: €5k
2015: €-12.69M
2013 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20122013201420152016Trend
Turnover€454k€564k▲ 24.3%
Equity€60k-€62k▲ 2.8%€63k▲ 1.7%€-71k€2.64M
Operating result€-4k-€-954▲ 78.0%€-2k▼ 78.2%€48k€187k▲ 287%
Net result€-2k-€2k€1k▼ 38.1%€-134k€-466k▼ 248%
Result per fiscal year
Operating resultNet result
After the dip in 2014 the operating result has climbed two years in a row; 2016 is 287% above 2015 and is the highest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €21.27M
Fixed assets
€20.79M ▲ 62.3%
Current assets
€482k ▲ 89.3%
Equity and liabilities €21.27M
Equity
€2.64M
Debt
€18.63M
Debt finances 87.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€364k▲
2015 · €222k
Cash flow
€-289k▼
2015 · €39k
Current ratio
0.03▲
2015 · 0.02
ROE
-17.6%
ROA
-2.2%▼
2015 · -1.0%
Interest coverage
1.85▲
2015 · 1.21
Debt ≤ 1 year
€18.23M▲
2015 · €12.94M
Income taxes
€457k▲
2015 · €155
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 · 24 lines
Balance sheet
Code20152016
Assets
Total assets20/58€13.06M€21.27M▲
Fixed assets21/28€12.80M€20.79M▲
Tangible fixed assets22/27€12.80M€20.79M▲
Current assets29/58€255k€482k▲
Amounts receivable within one year40/41€235k€474k▲
Cash at bank and in hand54/58€19k€5k▼
Equity and liabilities
Total equity and liabilities10/49€13.06M€21.27M▲
Equity10/15€-71k€2.64M▲
Contributions10/11€62k€62k=
Reserves13€138€138=
Profit (loss) carried forward14€-133k€-599k▼
Amounts payable17/49€13.13M€18.63M▲
Amounts payable within one year42/48€12.94M€18.23M▲
Trade debts44€61k€79k▲
Income statement
Code20152016
Turnover70€454k€564k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€173k€177k▲
Operating profit (loss)9901€48k€187k▲
Recurring financial income75€746-
Recurring financial charges65€183k€196k▲
Debt charges650€183k€196k▲
Profit (loss) for the period before taxes9903€-134k€-9k▲
Income taxes67/77€155€457k▲
Profit (loss) for the period9904€-134k€-466k▼
Profit (loss) for the period to be appropriated9905€-134k€-466k▼
Timeline · acts, filings and financial milestones
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 142 days late
2016
14-07
State Gazette act
Board meeting · Merger
Dissolution · Accounting effect · Yves De Ruyver
30-06
Financial
Weakest financial yearnet €-466k
Net result drops to €-466k, the lowest in the series.
30-06
Financial
Equity above €2MEq €2.64M
Equity rises from €-71k to €2.64M.
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
26-05
State Gazette act
Merger · Corporate purpose
Accounting effect · Real estate
2015
08-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
17-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 17 days late
2013
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Warehouses De Pauw