ZENITH COMMUNICATION
InactiveInactive; last annual accounts for fiscal year 2016.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 04-07-2017, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2016, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€98,530▼ 4.3%
2015 · €102,978
Working capital
€399,338▲ 32.7%
2015 · €300,923
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Operating result€24,182-€29,701▲ 22.8%€73,475▲ 147%€145,580▲ 98.1%€142,789▼ 1.9%
Net result€15,981-€21,123▲ 32.2%€49,118▲ 133%€102,978▲ 110%€98,530▼ 4.3%
Equity€52,176-€68,299▲ 30.9%€117,417▲ 71.9%€220,395▲ 87.7%€318,925▲ 44.7%
Total assets€75,603-€76,954▲ 1.8%€264,138▲ 243%€366,351▲ 38.7%€424,731▲ 15.9%
Debt€23,427-€8,655▼ 63.1%€146,721▲ 1,595%€145,956▼ 0.5%€105,806▼ 27.5%
Working capital€49,640-€68,299▲ 37.6%€207,597▲ 204%€300,923▲ 45.0%€399,338▲ 32.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2016; 2016 is 2% below 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Equity and liabilities €424,731
Equity
€318,925 ▲ 44.7%
Debt
€105,806 ▼ 27.5%
Debt's share of the balance-sheet total falls from 39.8% to 24.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
16.73▲
2015 · 5.60
ROE
30.9%▼
2015 · 46.7%
ROA
23.2%▼
2015 · 28.1%
Debt ≤ 1 year
€25,393▼
2015 · €65,428
Income taxes
€44,313▲
2015 · €42,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,412 | €6,037 | - | - | - | - |
| Gross operating margin9900 | €68,084 | €58,153 | €131,887 | €213,698 | €192,450 | ▼ 9.9% |
| Operating profit (loss)9901 | €24,182 | €29,701 | €73,475 | €145,580 | €142,789 | ▼ 1.9% |
| Recurring financial income75 | €116 | €56 | €87 | €389 | €144 | ▼ 63.0% |
| Recurring financial charges65 | €823 | €822 | €157 | €58 | €90 | ▲ 55.2% |
| Profit (loss) for the period before taxes9903 | €23,476 | €28,935 | €73,441 | €145,911 | €142,843 | ▼ 2.1% |
| Income taxes67/77 | €7,495 | €7,812 | €24,323 | €42,933 | €44,313 | ▲ 3.2% |
| Profit (loss) for the period9904 | €15,981 | €21,123 | €49,118 | €102,978 | €98,530 | ▼ 4.3% |
| Profit (loss) for the period to be appropriated9905 | €15,981 | €21,123 | €49,118 | €102,978 | €98,530 | ▼ 4.3% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,603 | €76,954 | €264,138 | €366,351 | €424,731 | ▲ 15.9% |
| Fixed assets21/28 | €6,230 | - | - | - | - | - |
| Tangible fixed assets22/27 | €6,173 | - | - | - | - | - |
| Financial fixed assets28 | €57 | - | - | - | - | - |
| Current assets29/58 | €69,373 | €76,954 | €264,138 | €366,351 | €424,731 | ▲ 15.9% |
| Amounts receivable within one year40/41 | €18,300 | €11,262 | €41,185 | €36,383 | €42,789 | ▲ 17.6% |
| Cash at bank and in hand54/58 | €49,264 | €64,754 | €206,792 | €316,498 | €368,031 | ▲ 16.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,603 | €76,954 | €264,138 | €366,351 | €424,731 | ▲ 15.9% |
| Equity10/15 | €52,176 | €68,299 | €117,417 | €220,395 | €318,925 | ▲ 44.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €45,860 | €61,860 | €61,860 | €61,860 | €61,860 | = |
| Profit (loss) carried forward14 | €116 | €239 | €49,357 | €152,335 | €250,865 | ▲ 64.7% |
| Amounts payable17/49 | €23,427 | €8,655 | €146,721 | €145,956 | €105,806 | ▼ 27.5% |
| Amounts payable after more than one year17 | €3,016 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,733 | €8,655 | €56,541 | €65,428 | €25,393 | ▼ 61.2% |
| Trade debts44 | €11,179 | €1,780 | €18,712 | €5,690 | €15,816 | ▲ 178% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,981 | €21,123 | €49,118 | €102,978 | €98,530 | ▼ 4.3% |
| + Depreciation and write-downs630 | €15,412 | €6,037 | - | - | - | - |
| Operating cash flow (approximation) | €31,393 | €27,160 | €49,118 | €102,978 | €98,530 | ▼ 4.3% |
| Change in cash | - | €15,490 | €142,038 | €109,706 | €51,533 | ▼ 53.0% |
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
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
09-02
State Gazette act
Board meeting · Merger
Accounting effect · Real estate
2016
31-12
Financial
Liquidity triplescurrent ratio 16.73
Current ratio from 5.60 to 16.73; short-term debt falls from €65,428 to €25,393.
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial
Highest result since 2012net €102,978 ▲110%
Operating result €145,580, net result €102,978, both a record.
31-12
Financial
Equity above €200,000Eq €220,395 ▲87.7%
4 profitable years in a row build equity to €220,395.
02-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Equity above €100,000Eq €117,417 ▲71.9%
3 profitable years in a row build equity to €117,417.
13-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial
Liquidity triplescurrent ratio 8.89
Current ratio from 3.52 to 8.89; short-term debt falls from €19,733 to €8,655.
14-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 14 days late
2012
29-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 29 days late
Show earlier events
2011
30-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 61 days late
2010
30-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 30 days late
2009
23-11
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 115 days late
2008
27-10
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 88 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:PUBLIROUTE