TITANIUM
Annual accounts 2018
full format, filed on 31-10-2019, 92 days late€585,050
▲ 334%
€555,489
▲ 525%
€326,203
▲ 233%
€643,316
▲ 58.3%
76.7%
▼ 20.9 percentage points
4.36
▼ 10.54
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €830,000 and €2.3m.
Balance sheet
balance sheet total €835,265 on 31-12-2018What the company ownsHow it is paid for
in €m
in €m
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
835,265 | 1.8m | 1.6m | 1.6m | 1.6m | 1.7m | 1.6m | 230,934 | 1.2m | 159,941 | 1.1m | 1.1m | |
21/28 |
537 | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | - | - | - | 59 | 59 | |
22/27 |
537 | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | - | - | - | - | - | |
22 |
- | 1.3m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | - | - | - | - | - | |
24 |
537 | 1,432 | 2,148 | 2,864 | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | 59 | 59 | |
29/58 |
834,728 | 435,687 | 285,018 | 263,037 | 237,259 | 252,799 | 191,182 | 230,934 | 1.2m | 159,941 | 1.1m | 1.1m | |
40/41 |
432,430 | 107,529 | 76,546 | 8,115 | 34,290 | 6,606 | 4,248 | 3,449 | 4,396 | 4,323 | 11,092 | 4,036 | |
40 |
623 | - | 13,310 | 6,655 | 7,021 | - | - | - | - | - | - | - | |
41 |
431,807 | 107,529 | 63,236 | 1,460 | 27,270 | 6,606 | 4,248 | 3,449 | 4,396 | 4,323 | 11,092 | 4,036 | |
50/53 |
79,842 | 132,263 | 117,861 | 124,058 | 159,182 | - | - | - | - | - | - | - | |
54/58 |
320,992 | 155,903 | 89,292 | 99,824 | 40,372 | 241,842 | 167,584 | 227,485 | 1.1m | 135,619 | 1.0m | 1.1m | |
490/1 |
1,464 | 39,992 | 1,319 | 31,041 | 3,415 | 4,350 | 19,350 | - | 40,000 | 20,000 | 20,000 | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
835,265 | 1.8m | 1.6m | 1.6m | 1.6m | 1.7m | 1.6m | 230,934 | 1.2m | 159,941 | 1.1m | 1.1m | |
10/15 |
640,737 | 1.7m | 1.6m | 1.6m | 1.6m | 1.7m | 1.6m | 204,284 | 124,358 | 115,941 | -36,930 | 64,606 | |
10/11 |
100,000 | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
100 |
100,000 | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
10,000 | 10,000 | 7,561 | 7,333 | 7,265 | 7,265 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
130 |
10,000 | 10,000 | 7,561 | 7,333 | 7,265 | 7,265 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
14 |
530,737 | 204,534 | 109,007 | 104,695 | 103,408 | 136,078 | 115,857 | 136,084 | 56,158 | 47,741 | -105,130 | -3,594 | |
17/49 |
194,528 | 42,460 | 12,972 | 18,748 | 13,961 | 19,331 | 1,500 | 26,650 | 1.1m | 44,000 | 1.1m | 1.0m | |
42/48 |
191,412 | 29,232 | - | 18,748 | 13,961 | - | - | 26,650 | 1.0m | 24,000 | 1.0m | 1.0m | |
42 |
- | - | - | - | - | - | - | - | - | - | - | 1.0m | |
43 |
- | - | - | - | - | - | - | - | 1.0m | - | 1.0m | - | |
439 |
- | - | - | - | - | - | - | - | 1.0m | - | 1.0m | - | |
44 |
- | 1,832 | - | 15,279 | 13,961 | - | - | - | 2 | - | - | - | |
440/4 |
- | 1,832 | - | 15,279 | 13,961 | - | - | - | - | - | - | - | |
441 |
- | - | - | - | - | - | - | - | 2 | - | - | - | |
45 |
190,000 | 27,400 | - | 3,470 | - | - | - | 26,650 | 26,800 | 24,000 | - | - | |
450/3 |
190,000 | 27,400 | - | 3,470 | - | - | - | 26,650 | 26,800 | 4,000 | - | - | |
454/9 |
- | - | - | - | - | - | - | - | - | 20,000 | - | - | |
47/48 |
1,412 | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
3,116 | 13,228 | 12,972 | - | - | 19,331 | 1,500 | - | 32,699 | 20,000 | 87,500 | 17,500 | |
| Income statement | |||||||||||||
76A |
568,125 | - | - | - | - | - | - | 184 | - | - | - | 96 | |
9900 |
585,050 | 134,831 | 27,534 | 58,919 | 10,510 | -587 | 9,213 | 79,397 | 98,895 | 58,829 | 39,819 | -654 | |
630 |
895 | 23,216 | 23,216 | 23,216 | 22,500 | 22,500 | 5,625 | - | - | - | - | - | |
640/8 |
28,665 | 22,710 | 21,318 | 22,054 | 15,555 | 18,267 | 957 | 89 | 89 | 89 | 89 | 89 | |
9901 |
555,489 | 88,905 | -16,999 | 13,649 | -27,545 | -41,354 | 2,631 | 79,308 | 98,806 | 58,740 | 39,730 | -743 | |
75/76B |
15,360 | 37,981 | 21,808 | 26,353 | 31,115 | 66,042 | 18,714 | 85,442 | 17,553 | 220,791 | 38,585 | 7,021 | |
75 |
15,360 | 37,981 | 21,808 | 26,353 | 31,115 | 66,042 | 18,714 | 85,442 | 17,553 | 220,791 | 38,585 | 7,021 | |
65/66B |
52,675 | 194 | 269 | 38,633 | 37,168 | 3,402 | 40,658 | 57,498 | 81,314 | 114,529 | 179,852 | 17,569 | |
65 |
52,675 | 194 | 269 | 38,633 | 37,168 | 3,402 | 40,658 | 57,498 | 81,314 | 114,529 | 179,852 | 17,569 | |
9903 |
518,174 | 126,692 | 4,540 | 1,368 | -33,598 | 21,286 | -19,313 | 107,436 | 35,046 | 165,003 | -101,537 | -11,195 | |
67/77 |
191,971 | 28,727 | - | 13 | -928 | - | 914 | 27,509 | 26,629 | 12,131 | - | 150 | |
9904 |
326,203 | 97,965 | 4,540 | 1,355 | -32,670 | 21,286 | -20,227 | 79,926 | 8,416 | 152,872 | -101,537 | -11,345 | |
9905 |
326,203 | 97,965 | 4,540 | 1,355 | -32,670 | 21,286 | -20,227 | 79,926 | 8,416 | 152,872 | -101,537 | -11,345 | |
| Appropriation of the result | |||||||||||||
9906 |
530,737 | 206,973 | 109,235 | 104,763 | 103,408 | 137,143 | 115,857 | 136,084 | 56,158 | 47,741 | -105,130 | -3,594 | |
691/2 |
- | 2,439 | 228 | 68 | - | 1,065 | - | - | - | - | - | - | |
6920 |
- | 2,439 | 228 | 68 | - | 1,065 | - | - | - | - | - | - | |
| Document | |||||||||||||
The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2018 (PDF), filed on 31-10-2019.
Filings
each dot is a set of accounts, on the day it reached the National Bank2018 annual accounts filed 92 days after the deadline. Filed on 31 October 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-72100499.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2018 | full format | 31-10-2019 | 2019-72100499 | |
| 30-09-2017 | full format | 03-12-2019 | 2019-75300463 | |
| 30-09-2016 | full format | 02-12-2019 | 2019-75300408 | |
| 30-09-2015 | full format | 21-03-2016 | 2016-06600499 | |
| 30-09-2014 | full format | 14-11-2014 | 2014-66900436 | |
| 30-09-2013 | full format | 29-04-2014 | 2014-10400142 | |
| 30-09-2012 | full format | 07-05-2013 | 2013-11200354 | |
| 30-09-2011 | full format | 24-04-2012 | 2012-09100374 | |
| 30-09-2010 | full format | 11-04-2011 | 2011-08100107 | |
| 30-09-2009 | full format | 25-03-2010 | 2010-07300291 | |
| 30-09-2008 | full format | 28-04-2009 | 2009-12400321 | |
| 30-09-2007 | full format | 20-03-2008 | 2008-08000289 | |
| 30-09-2006 | full format | 14-05-2007 | 2007-13800386 | |
| 30-09-2005 | full format | 24-03-2006 | 2006-08302818 | |
| 30-09-2004 | full format | 29-03-2005 | 2005-09303140 | |
| 30-09-2003 | full format | 23-03-2004 | 2004-08500945 | |
| 30-09-2002 | full format | 24-04-2003 | 2003-12003571 | |
| 30-09-2001 | full format | 22-05-2002 | 2002-14002769 | |
| 30-09-2000 | full format | 03-04-2001 | 2001-08800501 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 556,384 | 112,121 | 6,217 | 36,865 | -5,045 | -18,854 | 8,256 | - | - | - | - | - | ||
| 327,098 | 121,181 | 27,756 | 24,571 | -10,170 | 43,786 | -14,602 | - | - | - | - | - | ||
| -1.3m | 0 | 0 | 3,580 | 0 | 0 | 1.5m | - | - | - | - | - | ||
| 165,088 | 66,612 | -10,532 | 59,452 | -201,470 | 74,258 | -59,900 | -911,977 | 1.0m | -883,800 | -58,593 | - | ||
| 643,316 | 406,455 | - | 244,289 | 223,298 | - | - | 204,284 | 157,056 | 135,941 | 50,511 | 82,047 | ||
| 76.7% | 97.6% | 99.2% | 98.9% | 99.1% | 98.8% | 99.9% | 88.5% | 10.5% | 72.5% | -3.5% | 6.0% | ||
| 4.36 | 14.90 | - | 14.03 | 16.99 | - | - | 8.67 | 1.15 | 6.66 | 1.05 | 1.08 | ||
| 0.30 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.13 | 8.52 | 0.38 | - | 15.75 | ||
| 50.9% | 5.7% | 0.3% | 0.1% | -2.0% | 1.3% | -1.2% | 39.1% | 6.8% | 131.9% | - | -17.6% | ||
| 39.1% | 5.5% | 0.3% | 0.1% | -2.0% | 1.3% | -1.2% | 34.6% | 0.7% | 95.6% | -9.7% | -1.0% |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on TITANIUM
The operating result for 2018 is over 6.2 times that of 2017 and the highest since 2007. It is the second rise in a row, after the fall in 2016.
Debt's share of the balance-sheet total rises from 2.4% to 23.3%. Equity is lower and debt is higher.
Large changes and their cause
- 2018 Net result +233% on 2017. This financial year ran 15 months, the previous one 12.