WIF²
InactiveInactive; last annual accounts for fiscal year 2017.
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 31-05-2017 was due by 31-12-2017 and was filed on 25-04-2018, 115 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
2017
115 d late
2016
42 d early
2015
38 d early
2014
31 d early
2013
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€506k▼ 65.7%
2016 · €1.48M
2014: €3.80M
2015: €1.56M
2016: €1.48M
2014 → 2017
Working capital
€-1.84M▲ 5.5%
2016 · €-1.95M
2014: €-1.51M
2015: €-1.55M
2016: €-1.95M
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162017Trend
Equity€40.11M-€40.18M▲ 0.2%€40.18M=€40.69M▲ 1.3%
Operating result€-25k-€-6k▲ 74.5%€-3k▲ 60.5%€-731▲ 71.2%
Net result€3.80M-€1.56M▼ 58.8%€1.48M▼ 5.6%€506k▼ 65.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €731 in 2017 against €3k in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €42.93M
Fixed assets
€42.53M ▲ 0.9%
Current assets
€402k ▲ 23.3%
Equity and liabilities €42.93M
Equity
€40.69M ▲ 1.3%
Debt
€2.25M ▼ 1.3%
Debt's share of the balance-sheet total falls from 5.4% to 5.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.18▲
2016 · 0.14
ROE
1.2%▼
2016 · 3.7%
ROA
1.2%▼
2016 · 3.5%
Debt ≤ 1 year
€2.25M▼
2016 · €2.28M
Income taxes
€241k▼
2016 · €530k
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 · 2017 against 2016 · 21 lines
Balance sheet
Code20162017
Assets
Total assets20/58€42.46M€42.93M▲
Fixed assets21/28€42.13M€42.53M▲
Financial fixed assets28€42.13M€42.53M▲
Current assets29/58€326k€402k▲
Cash at bank and in hand54/58€301k€41k▼
Equity and liabilities
Total equity and liabilities10/49€42.46M€42.93M▲
Equity10/15€40.18M€40.69M▲
Contributions10/11€7.00M€7.00M=
Reserves13€5.66M€5.66M=
Profit (loss) carried forward14€27.52M€28.03M▲
Amounts payable17/49€2.28M€2.25M▼
Amounts payable within one year42/48€2.28M€2.25M▼
Trade debts44-€314
Income statement
Code20162017
Operating profit (loss)9901€-3k€-731▲
Recurring financial income75€2.02M€748k▼
Recurring financial charges65€7k€139▼
Profit (loss) for the period before taxes9903€2.01M€747k▼
Income taxes67/77€530k€241k▼
Profit (loss) for the period9904€1.48M€506k▼
Profit (loss) for the period to be appropriated9905€1.48M€506k▼
Appropriation of the result
Return on contributions (dividend)694€1.48M-
Timeline · acts, filings and financial milestones
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 115 days late
2017
25-09
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
31-05
Financial
Weakest financial yearnet €506k ▼65.7%
Net result drops to €506k, the lowest in the series.
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
08-07
NBB filing
Annual accounts filed
fiscal year 2013 · full 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:IG WATTEEUW INTERNATIONAL