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WINDFARM BIEVRE

Inactive
KBO/BCE: BE 0818.920.124

Inactive; last annual accounts for fiscal year 2017.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 24-05-2018, 68 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2017
68 d early
2016
70 d early
2015
72 d early
2014
57 d early
2013
28 d early
2012
35 d early
2011
46 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2017, full schema

Turnover
€2.01M▼ 12.9%
2016 · €2.30M
2013: €2.54M 2014: €2.72M 2016: €2.30M
2013 → 2017
EBIT margin
13.2%▼ 54.9pp
2016 · 68.1%
2013: 29.5% 2014: 33.3% 2016: 68.1%
2013 → 2017
Net result
€312k▼ 80.1%
2016 · €1.57M
2013: €-436k 2014: €-778k 2016: €1.57M
2013 → 2017
Working capital
€-6.10M▲ 19.5%
2016 · €-7.57M
2013: €-184k 2014: €-12.44M 2016: €-7.57M
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2013201420162017Trend
Turnover€2.54M-€2.72M▲ 7.0%€2.30M▼ 15.2%€2.01M▼ 12.9%
Equity€-138k-€6.70M€9.03M▲ 34.7%€9.27M▲ 2.6%
Operating result€750k-€904k▲ 20.6%€1.57M▲ 73.5%€264k▼ 83.2%
Net result€-436k-€-778k▼ 78.6%€1.57M€312k▼ 80.1%
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00MOperating result 2013: €750k€750kNet result 2013: €-436k€-436kOperating result 2014: €904k€904kNet result 2014: €-778k€-778kOperating result 2016: €1.57M€1.57MNet result 2016: €1.57M€1.57MOperating result 2017: €264k€264kNet result 2017: €312k€312k2013201420162017€-1M€0€1M€2MOperating result 2014: €904k€904kNet result 2014: €-778k€-778kOperating result 2016: €1.57M€1.6MNet result 2016: €1.57M€1.6MOperating result 2017: €264k€264kNet result 2017: €312k€312k201420162017
The operating result falls in 2017; 2017 is 83% below 2016 and is the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €17.57M
Fixed assets €16.17M ▼ 7.1%
Current assets €1.40M ▼ 44.1%
Equity and liabilities €17.57M
Equity €9.27M ▲ 2.6%
Provisions €736k ▲ 11.9%
Debt €7.57M ▼ 26.0%
Debt's share of the balance-sheet total falls from 51.3% to 43.1%. Equity is higher and debt is lower.
Key figures and ratios
2017 value · change against 2016
EBITDA
€1.52M
2016 · €2.79M
Cash flow
€1.57M
2016 · €2.79M
Current ratio
0.19
2016 · 0.25
ROE
3.4%
2016 · 17.3%
ROA
1.8%
2016 · 7.9%
Interest coverage
57.13
2016 · 36.09
Debt ≤ 1 year
€7.50M
2016 · €10.08M
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 · 25 lines
Balance sheet Code20162017
Assets
Total assets20/58€19.91M€17.57M
Fixed assets21/28€17.40M€16.17M
Tangible fixed assets22/27€17.40M€16.17M
Financial fixed assets28€125€125=
Current assets29/58€2.51M€1.40M
Amounts receivable within one year40/41€869k€600k
Cash at bank and in hand54/58€1.57M€727k
Equity and liabilities
Total equity and liabilities10/49€19.91M€17.57M
Equity10/15€9.03M€9.27M
Contributions10/11€7.76M€7.76M=
Reserves13€12k€28k
Profit (loss) carried forward14€228k€524k
Provisions and deferred taxes16€658k€736k
Amounts payable17/49€10.22M€7.57M
Amounts payable within one year42/48€10.08M€7.50M
Trade debts44€223k€28k
Income statement Code20162017
Turnover70€2.30M€2.01M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.22M€1.25M
Operating profit (loss)9901€1.57M€264k
Recurring financial income75€75k€75k=
Recurring financial charges65€78k€27k
Debt charges650€77k€27k
Profit (loss) for the period before taxes9903€1.57M€312k
Profit (loss) for the period9904€1.57M€312k
Profit (loss) for the period to be appropriated9905€1.57M€312k

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Timeline · acts, filings and financial milestones

2018
24-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
20-04
State Gazette act Board meeting · Merger
Accounting effect · Real estate · Paul MASELIS
20-04
State Gazette act Board meeting · Merger
Accounting effect · Real estate
23-02
State Gazette act Merger · Accounting effect
Capital · Corporate purpose
23-02
State Gazette act Merger · Capital
Corporate purpose · Accounting effect
2017
22-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial Back to profitnet €1.57M
Net result €1.57M after 2 loss-making years.
20-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
04-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial Weakest financial yearnet €-778k
Net result drops to €-778k, the lowest in the series.
31-12
Financial Equity above €5MEq €6.70M
Equity rises from €-138k to €6.70M.
03-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
Show earlier events
2013
26-06
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
15-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
09-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 9 days late
2010
13-07
NBB filing Annual accounts filed
fiscal year 2009 · 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 transaction
Taken over by:EDF Luminus
BE 0471.811.661merger by absorption · State Gazette act of 20-04-2018 (4 acts)