TRESCAL
InactiveInactive; last annual accounts for fiscal year 2013.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2013 was due by 30-04-2014 and was filed on 01-07-2014, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2013
62 d late
2012
5 d early
2011
41 d early
2010
38 d early
2009
76 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2012, full schema
Turnover
€1.76M▼ 1.0%
2011 · €1.78M
2010: €1.92Mhighest in 3 years
2011: €1.78M▼ -7.6% vs 2010
2012: €1.76M▼ -1.0% vs 2011lowest in 3 years
2010 → 2012
EBIT margin
1.1%▼ 1.2pp
2011 · 2.2%
2010: 2.1%
2011: 2.2%▲ +5.4% vs 2010highest in 3 years
2012: 1.1%▼ -52.1% vs 2011lowest in 3 years
2010 → 2012
Net result
€21k
2011 · €-99k
2010: €14k
2011: €-99k▼ -832% vs 2010lowest in 3 years
2012: €21k▲ +121% vs 2011highest in 3 years
2010 → 2012
Working capital
€-453k▲ 8.8%
2011 · €-496k
2010: €-597klowest in 3 years
2011: €-496k▲ +16.9% vs 2010
2012: €-453k▲ +8.8% vs 2011highest in 3 years
2010 → 2012
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201020112012Trend
Turnover€1.92M-€1.78M▼ 7.6%€1.76M▼ 1.0%
2010: €1.92Mhighest in 3 years
2011: €1.78M▼ -7.6% vs 2010
2012: €1.76M▼ -1.0% vs 2011lowest in 3 years
Equity€-168k-€-267k▼ 58.9%€-246k▲ 7.9%
2010: €-168khighest in 3 years
2011: €-267k▼ -58.9% vs 2010lowest in 3 years
2012: €-246k▲ +7.9% vs 2011
Operating result€41k-€40k▼ 2.6%€19k▼ 52.6%
2010: €41khighest in 3 years
2011: €40k▼ -2.6% vs 2010
2012: €19k▼ -52.6% vs 2011lowest in 3 years
Net result€14k-€-99k€21k
2010: €14k
2011: €-99k▼ -832% vs 2010lowest in 3 years
2012: €21k▲ +121% vs 2011highest in 3 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2012 is 53% below 2011 and is the lowest result in the available series.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €754k
Fixed assets
€235k ▼ 29.4%
Current assets
€520k ▼ 27.8%
Key figures and ratios
EBITDA
€144k▼
2011 · €175k
Cash flow
€146k▲
2011 · €36k
Solvency
-32.6%▼
2011 · -25.3%
Current ratio
0.53▼
2011 · 0.59
ROA
2.8%▲
2011 · -9.4%
Interest coverage
2.17▼
2011 · 14.95
Debt
€972k▼
2011 · €1.22M
Debt ≤ 1 year
€972k▼
2011 · €1.22M
Income taxes
€-2
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 · 2012 against 2011 · 27 lines
Balance sheet
Code20112012
Assets
Total assets20/58€1.05M€754k▼
Fixed assets21/28€332k€235k▼
Intangible fixed assets21€145k€117k▼
Tangible fixed assets22/27€186k€117k▼
Financial fixed assets28€622€782▲
Current assets29/58€720k€520k▼
Amounts receivable within one year40/41€529k€391k▼
Cash at bank and in hand54/58€155k€83k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€754k▼
Equity10/15€-267k€-246k▲
Contributions10/11€62k€62k=
Reserves13€676€676=
Profit (loss) carried forward14€-329k€-308k▲
Provisions and deferred taxes16€103k€28k▼
Amounts payable17/49€1.22M€972k▼
Amounts payable within one year42/48€1.22M€972k▼
Trade debts44€226k€253k▲
Income statement
Code20112012
Turnover70€1.78M€1.76M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€125k▼
Operating profit (loss)9901€40k€19k▼
Recurring financial income75€1k€329▼
Recurring financial charges65€14k€68k▲
Debt charges650€12k€66k▲
Profit (loss) for the period before taxes9903€-99k€21k▲
Income taxes67/77-€-2
Profit (loss) for the period9904€-99k€21k▲
Profit (loss) for the period to be appropriated9905€-99k€21k▲
Accounts by statement
| Line | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|
| Turnover70 | €1.92M | €1.78M | €1.76M | ▼ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €130k | €135k | €125k | ▼ 7.7% |
| Operating profit (loss)9901 | €41k | €40k | €19k | ▼ 52.6% |
| Recurring financial income75 | €2k | €1k | €329 | ▼ 74.7% |
| Recurring financial charges65 | €10k | €14k | €68k | ▲ 403% |
| Debt charges650 | €8k | €12k | €66k | ▲ 466% |
| Profit (loss) for the period before taxes9903 | €14k | €-99k | €21k | ▲ 121% |
| Income taxes67/77 | - | - | €-2 | - |
| Profit (loss) for the period9904 | €14k | €-99k | €21k | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €14k | €-99k | €21k | ▲ 121% |
| Line | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.01M | €1.05M | €754k | ▼ 28.3% |
| Fixed assets21/28 | €465k | €332k | €235k | ▼ 29.4% |
| Intangible fixed assets21 | €175k | €145k | €117k | ▼ 19.6% |
| Tangible fixed assets22/27 | €289k | €186k | €117k | ▼ 37.3% |
| Financial fixed assets28 | €422 | €622 | €782 | ▲ 25.7% |
| Current assets29/58 | €546k | €720k | €520k | ▼ 27.8% |
| Amounts receivable within one year40/41 | €451k | €529k | €391k | ▼ 26.1% |
| Cash at bank and in hand54/58 | €58k | €155k | €83k | ▼ 46.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.01M | €1.05M | €754k | ▼ 28.3% |
| Equity10/15 | €-168k | €-267k | €-246k | ▲ 7.9% |
| Contributions10/11 | €62k | €62k | €62k | = |
| Reserves13 | €676 | €676 | €676 | = |
| Profit (loss) carried forward14 | €-230k | €-329k | €-308k | ▲ 6.4% |
| Provisions and deferred taxes16 | €35k | €103k | €28k | ▼ 73.1% |
| Amounts payable17/49 | €1.14M | €1.22M | €972k | ▼ 20.1% |
| Amounts payable within one year42/48 | €1.14M | €1.22M | €972k | ▼ 20.1% |
| Trade debts44 | €149k | €226k | €253k | ▲ 11.9% |
| Line | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €-99k | €21k | ▲ 121% |
| + Depreciation and write-downs630 | €130k | €135k | €125k | ▼ 7.7% |
| Operating cash flow (approximation) | €143k | €36k | €146k | ▲ 300% |
| Investment in fixed assets (approximation) | - | €-3k | €-27k | ▼ 761% |
| Change in cash | - | €98k | €-73k | ▼ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2014
01-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 62 days late
2013
11-10
State Gazette act
Board meeting · Merger
Corporate purpose · Accounting effect
26-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
31-12
Financial
Weakest financial yearnet €-99k
Net result drops to €-99k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
15-10
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 76 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Intermes