VALKIMO
Open bankruptcyFinancials · financial year 2017, micro format
Equity
€1.4m▼ 2.2%
2016 · €1.5m
Total assets
€3.9m▼ 2.2%
2016 · €4.0m
Net result
-€32,573
2016 · €26,436
Working capital
-€619,362▲ 2.2%
2016 · -€633,392
Trend over the years
2013 to 2017, 5 financial years 2013 to 2017, 5 financial years
The operating result turns negative in 2017: a loss of €66,989 after €28,834 in 2016, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.07m
2017
Net result-€0.03m
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.9m
2017
Equity€1.4m
2017
Debt€1.8m
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.6m
2017
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014201520162017
Operating result€0.005m--€0.01m-€0.007m▲ 35.9%€0.03m-€0.07m
Net result€0.03m--€0.02m€0.03m€0.03m▼ 9.0%-€0.03m
Equity€1.4m-€1.4m▼ 1.3%€1.4m▲ 2.1%€1.5m▲ 1.8%€1.4m▼ 2.2%
Total assets€3.9m-€4.0m▲ 1.3%€3.9m▼ 1.8%€4.0m▲ 2.0%€3.9m▼ 2.2%
Debt€1.8m-€1.9m▲ 2.3%€1.7m▼ 5.6%€1.8m▲ 4.2%€1.8m▼ 1.7%
Working capital-€0.9m--€0.8m▲ 8.8%-€0.7m▲ 12.5%-€0.6m▲ 10.3%-€0.6m▲ 2.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €3.9m
Fixed assets
€2.7m ▼ 2.5%
Current assets
€1.2m ▼ 1.5%
Equity and liabilities €3.9m
Equity
€1.4m ▼ 2.2%
Provisions
€650,125 ▼ 3.2%
Debt
€1.8m ▼ 1.7%
Debt's share of the balance-sheet total rises from 46.0% to 46.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1,022▼
2016 · €96,845
Cash flow
€35,437▼
2016 · €94,447
Current ratio
0.65▲
2016 · 0.65
ROE
-2.3%▼
2016 · 1.8%
ROA
-0.8%▼
2016 · 0.7%
Debt ≤ 1 year
€1.8m▼
2016 · €1.8m
Income taxes
€4,714▼
2016 · €41,265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,298 | €68,011 | €68,011 | €68,011 | €68,011 | = |
| Gross operating margin9900 | €83,644 | €107,967 | €93,405 | €100,634 | €6,308 | ▼ 93.7% |
| Operating profit (loss)9901 | €5,461 | -€10,725 | -€6,874 | €28,834 | -€66,989 | - |
| Recurring financial income75 | €107,167 | €57,038 | €64,676 | €57,735 | €72,836 | ▲ 26.2% |
| Recurring financial charges65 | €72,795 | €71,374 | €12,790 | €40,276 | €55,114 | ▲ 36.8% |
| Profit (loss) for the period before taxes9903 | €39,832 | -€25,061 | €45,012 | €46,293 | -€49,267 | - |
| Income taxes67/77 | €32,453 | €15,000 | €37,356 | €41,265 | €4,714 | ▼ 88.6% |
| Profit (loss) for the period9904 | €28,787 | -€18,653 | €29,063 | €26,436 | -€32,573 | - |
| Profit (loss) for the period to be appropriated9905 | €70,361 | €22,921 | €70,638 | €68,011 | €9,001 | ▼ 86.8% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €4.0m | €3.9m | €4.0m | €3.9m | ▼ 2.2% |
| Fixed assets21/28 | €3.0m | €2.9m | €2.8m | €2.8m | €2.7m | ▼ 2.5% |
| Tangible fixed assets22/27 | €2.1m | €2.0m | €2.0m | €1.9m | €1.8m | ▼ 3.6% |
| Financial fixed assets28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €0.9m | €1.0m | €1.0m | €1.2m | €1.2m | ▼ 1.5% |
| Amounts receivable within one year40/41 | €0.7m | €0.8m | €1.0m | €1.2m | €1.2m | ▼ 1.5% |
| Current investments50/53 | €0.2m | €0.2m | €0.01m | - | - | - |
| Cash at bank and in hand54/58 | €0.001m | €53 | €11 | €1 | €0 | ▼ 76.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €4.0m | €3.9m | €4.0m | €3.9m | ▼ 2.2% |
| Equity10/15 | €1.4m | €1.4m | €1.4m | €1.5m | €1.4m | ▼ 2.2% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 3.5% |
| Profit (loss) carried forward14 | -€0.06m | -€0.04m | €0.03m | €0.1m | €0.1m | ▲ 8.7% |
| Provisions and deferred taxes16 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 3.2% |
| Amounts payable17/49 | €1.8m | €1.9m | €1.7m | €1.8m | €1.8m | ▼ 1.7% |
| Amounts payable within one year42/48 | €1.8m | €1.9m | €1.7m | €1.8m | €1.8m | ▼ 1.7% |
| Trade debts44 | €0.01m | €0.008m | €0.02m | €0.02m | €0.02m | = |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,787 | -€18,653 | €29,063 | €26,436 | -€32,573 | - |
| + Depreciation and write-downs630 | €68,298 | €68,011 | €68,011 | €68,011 | €68,011 | = |
| Operating cash flow (approximation) | €97,085 | €49,358 | €97,074 | €94,447 | €35,437 | ▼ 62.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€473 | -€42 | -€10 | -€1 | ▲ 90.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-11-2017 | micro format | 13-06-2018 | 2018-18600079 |
| 30-11-2016 | abbreviated format | 11-12-2017 | 2017-71400089 |
| 30-11-2015 | abbreviated format | 09-08-2016 | 2016-41300582 |
| 30-11-2014 | abbreviated format | 23-10-2015 | 2015-65300301 |
| 30-11-2013 | abbreviated format | 27-10-2014 | 2014-65400012 |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-49800155 |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-44800151 |
| 31-12-2009 | abbreviated format | 20-07-2010 | 2010-31600023 |
| 31-12-2008 | abbreviated format | 31-08-2009 | 2009-67600186 |
| 31-12-2007 | abbreviated format | 02-06-2008 | 2008-17100347 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.