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WIRELESS TECHNOLOGIES

Inactive
KBO/BCE: BE 0464.030.479

Inactive; last annual accounts for fiscal year 2016.

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 30-09-2016 was due by 30-04-2017 and was filed on 27-04-2017, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2016
3 d early
2015
34 d early
2014
42 d early
2013
35 d early
2012
12 d early
2011
5 d early
2010
27 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 2015, full schema

Turnover
€37.63M▼ 28.0%
2014 · €52.27M
2012: €158.05M 2014: €52.27M
2012 → 2015
EBIT margin
-17.0%▼ 0.3pp
2014 · -16.7%
2012: -11.5% 2014: -16.7%
2012 → 2015
Net result
€-11.07M▼ 0.9%
2014 · €-10.98M
2012: €-21.55M 2014: €-10.98M
2012 → 2015
Working capital
€27.76M▲ 150%
2014 · €11.09M
2012: €8.65M 2014: €11.09M
2012 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201220142015Trend
Turnover€158.05M-€52.27M▼ 66.9%€37.63M▼ 28.0%
Equity€12.63M-€12.91M▲ 2.2%€24.84M▲ 92.4%
Operating result€-18.22M-€-8.72M▲ 52.1%€-6.40M▲ 26.7%
Net result€-21.55M-€-10.98M▲ 49.1%€-11.07M▼ 0.9%
Result per fiscal year
Operating resultNet result
€-30.00M€-20.00M€-10.00M€0Operating result 2012: €-18.22M€-18.22MNet result 2012: €-21.55M€-21.55MOperating result 2014: €-8.72M€-8.72MNet result 2014: €-10.98M€-10.98MOperating result 2015: €-6.40M€-6.40MNet result 2015: €-11.07M€-11.07M201220142015€-30M€-20M€-10M€0Operating result 2012: €-18.22M€-18MNet result 2012: €-21.55M€-22MOperating result 2014: €-8.72M€-8.7MNet result 2014: €-10.98M€-11MOperating result 2015: €-6.40M€-6.4MNet result 2015: €-11.07M€-11M201220142015
The operating result stays negative: a loss of €6.40M in 2015 against €8.72M in 2014; the loss shrinks.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €39.37M
Fixed assets €1.93M ▼ 58.8%
Current assets €37.43M ▲ 42.6%
Equity and liabilities €39.37M
Equity €24.84M ▲ 92.4%
Provisions €2.51M ▼ 5.1%
Debt €12.02M ▼ 21.9%
Debt's share of the balance-sheet total falls from 49.7% to 30.5%. Equity is higher and debt is lower.
Key figures and ratios
2015 value · change against 2014
EBITDA
€-5.47M
2014 · €-6.91M
Cash flow
€-10.14M
2014 · €-9.16M
Current ratio
3.87
2014 · 1.73
Quick ratio
3.55
2014 · 1.35
ROE
-44.6%
2014 · -85.0%
ROA
-28.1%
2014 · -35.5%
Interest coverage
-10316.75
2014 · -337.01
Debt ≤ 1 year
€9.68M
2014 · €15.16M
Income taxes
€10k
2014 · €11k
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 · 2015 against 2014 · 28 lines
Balance sheet Code20142015
Assets
Total assets20/58€30.94M€39.37M
Formation expenses20€4k€2k
Fixed assets21/28€4.69M€1.93M
Intangible fixed assets21€2.74M€1.20M
Tangible fixed assets22/27€1.93M€724k
Financial fixed assets28€9k€4k
Current assets29/58€26.26M€37.43M
Stocks and contracts in progress3€5.81M€3.09M
Amounts receivable within one year40/41€14.43M€27.20M
Cash at bank and in hand54/58€4.19M€4.94M
Equity and liabilities
Total equity and liabilities10/49€30.94M€39.37M
Equity10/15€12.91M€24.84M
Contributions10/11€23.89M€35.91M
Profit (loss) carried forward14€-10.98M€-11.07M
Provisions and deferred taxes16€2.64M€2.51M
Amounts payable17/49€15.39M€12.02M
Amounts payable within one year42/48€15.16M€9.68M
Trade debts44€10.73M€6.13M
Income statement Code20142015
Turnover70€52.27M€37.63M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.82M€926k
Operating profit (loss)9901€-8.72M€-6.40M
Recurring financial income75€20-
Recurring financial charges65€225k€307k
Debt charges650€21k€530
Profit (loss) for the period before taxes9903€-10.97M€-11.06M
Income taxes67/77€11k€10k
Profit (loss) for the period9904€-10.98M€-11.07M
Profit (loss) for the period to be appropriated9905€-10.98M€-11.07M

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Timeline · acts, filings and financial milestones

2017
27-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
14-11
State Gazette act Board meeting · Merger
Accounting effect · Helena VERWIMP
14-11
State Gazette act Board meeting · Merger
Accounting effect
19-08
State Gazette act Merger · Accounting effect
Corporate purpose
19-08
State Gazette act Merger · Accounting effect
Corporate purpose · Shareholding
27-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial Liquidity doublescurrent ratio 3.87
Current ratio from 1.73 to 3.87; short-term debt falls from €15.16M to €9.68M.
19-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
26-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
19-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2011
26-10
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2010
04-10
NBB filing Annual accounts filed
fiscal year 2010 · full schema
Show earlier events
2009
25-09
NBB filing Annual accounts filed
fiscal year 2009 · full schema
2008
29-10
NBB filing Annual accounts filed
fiscal year 2008 · full schema
2007
25-10
NBB filing Annual accounts filed
fiscal year 2007 · 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:PROXIMUS
BE 0202.239.951operation treated as a merger by absorption · State Gazette act of 14-11-2016 (4 acts) · effective 20-10-2016