THOVIC
Open bankruptcyFinancials · financial year 2015, abbreviated format
Annual accounts 2015 filed on 30-11-2015 PDF all 13 filings
Turnover
≈ €83,000
Estimated: probably between €32,000 and €190,000
Total assets
€942,184▼ 12.8%
2014 · €1.1m
Net result
-€6,540▲ 90.6%
2014 · -€69,594
Working capital
-€427,937▼ 14.7%
2014 · -€373,089
Trend over the years
2011 to 2015, 5 financial years 2011 to 2015, 5 financial years
The operating result for 2015 is a loss of €14,906, smaller than the loss of €46,538 in 2014.
Operating result-€0.01m
2015
Net result-€0.007m
2015
Total assets€0.9m
2015
Equity€0.003m
2015
Debt€0.9m
2015
Working capital-€0.4m
2015
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Operating result€0.04m-€0.04m▲ 8.7%€0.04m▼ 14.3%-€0.05m-€0.01m▲ 68.0%
Net result€0.007m-€0.01m▲ 47.2%-€0.003m-€0.07m▼ 1,966%-€0.007m▲ 90.6%
Equity€0.07m-€0.08m▲ 15.1%€0.08m▼ 4.1%€0.01m▼ 87.9%€0.003m▼ 68.0%
Total assets€1.2m-€1.0m▼ 14.3%€1.0m▼ 0.4%€1.1m▲ 4.7%€0.9m▼ 12.8%
Debt€1.1m-€0.8m▼ 25.1%€0.8m▲ 4.3%€1.0m▲ 21.1%€0.9m▼ 13.0%
Working capital-€0.3m--€0.2m▲ 31.4%-€0.2m▼ 25.1%-€0.4m▼ 70.4%-€0.4m▼ 14.7%
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
2015 in colour, 2014 as the grey bar beneath
Assets €942,184
Fixed assets
€784,283 ▼ 4.1%
Current assets
€157,901 ▼ 39.8%
Equity and liabilities €942,184
Equity
€3,083 ▼ 68.0%
Provisions
€57,000 =
Debt
€882,101 ▼ 13.0%
Debt's share of the balance-sheet total falls from 93.8% to 93.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19,968▲
2014 · -€11,531
Cash flow
€28,334▲
2014 · -€34,587
Current ratio
0.27▼
2014 · 0.41
Debt to equity
92.94▲
2014 · 36.20
ROE
-212.1%▲
2014 · -723.2%
ROA
-0.7%▲
2014 · -6.4%
Debt ≤ 1 year
€585,837▼
2014 · €635,472
Debt > 1 year
€286,508▼
2014 · €348,290
Income taxes
€7▼
2014 · €13
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,359 | €34,874 | €35,007 | €35,007 | €34,874 | ▼ 0.4% |
| Gross operating margin9900 | €132,930 | €164,908 | €49,160 | -€54,540 | €23,818 | - |
| Operating profit (loss)9901 | €39,160 | €42,576 | €36,494 | -€46,538 | -€14,906 | ▲ 68.0% |
| Recurring financial income75 | €1 | - | €0 | €54 | €717 | ▲ 13× |
| Recurring financial charges65 | €31,740 | €25,316 | €39,638 | €23,097 | €14,845 | ▼ 35.7% |
| Profit (loss) for the period before taxes9903 | €7,421 | €17,260 | -€3,144 | -€69,581 | -€6,533 | ▲ 90.6% |
| Income taxes67/77 | €60 | €6,426 | €225 | €13 | €7 | ▼ 51.1% |
| Profit (loss) for the period9904 | €7,360 | €10,834 | -€3,369 | -€69,594 | -€6,540 | ▲ 90.6% |
| Profit (loss) for the period to be appropriated9905 | €7,360 | €10,834 | -€3,369 | -€69,594 | -€6,540 | ▲ 90.6% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.0m | €1.0m | €1.1m | €0.9m | ▼ 12.8% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | ▼ 4.1% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | ▼ 4.3% |
| Financial fixed assets28 | - | - | - | - | €0.001m | - |
| Current assets29/58 | €0.3m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 39.8% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 40.5% |
| Cash at bank and in hand54/58 | €0.002m | - | €0.005m | - | €0.002m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.0m | €1.0m | €1.1m | €0.9m | ▼ 12.8% |
| Equity10/15 | €0.07m | €0.08m | €0.08m | €0.01m | €0.003m | ▼ 68.0% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.004m | - | - | -€0.07m | -€0.08m | ▼ 9.4% |
| Provisions and deferred taxes16 | €0.07m | €0.2m | €0.1m | €0.06m | €0.06m | = |
| Amounts payable17/49 | €1.1m | €0.8m | €0.8m | €1.0m | €0.9m | ▼ 13.0% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €0.4m | €0.3m | €0.3m | ▼ 17.7% |
| Amounts payable within one year42/48 | €0.5m | €0.3m | €0.4m | €0.6m | €0.6m | ▼ 7.8% |
| Trade debts44 | €0.04m | €0.01m | €0.07m | €0.05m | €0.06m | ▲ 18.1% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,360 | €10,834 | -€3,369 | -€69,594 | -€6,540 | ▲ 90.6% |
| + Depreciation and write-downs630 | €9,359 | €34,874 | €35,007 | €35,007 | €34,874 | ▼ 0.4% |
| Operating cash flow (approximation) | €16,719 | €45,708 | €31,638 | -€34,587 | €28,334 | - |
| Investment in fixed assets (approximation) | - | €0 | -€399 | €0 | -€1,420 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-04-2015 | abbreviated format | 30-11-2015 | 2015-68200026 | |
| 30-04-2014 | abbreviated format | 18-11-2014 | 2014-67200084 | |
| 30-04-2013 | abbreviated format | 18-11-2014 | 2014-67200074 | |
| 30-04-2012 | abbreviated format | 24-02-2014 | 2014-04800192 | |
| 30-04-2011 | abbreviated format | 26-01-2012 | 2012-02300130 | |
| 30-04-2010 | abbreviated format | 18-07-2011 | 2011-31200221 | |
| 30-04-2009 | abbreviated format | 26-11-2009 | 2009-86600232 | |
| 30-04-2008 | abbreviated format | 26-11-2008 | 2008-83000263 | |
| 30-04-2007 | abbreviated format | 25-10-2007 | 2007-78300303 | |
| 30-04-2006 | abbreviated format | 24-10-2006 | 2006-84701525 |