KPMG & PARTNERS
InactiveInactive; last annual accounts for fiscal year 2014.
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 30-09-2014 was due by 30-04-2015 and was filed on 20-03-2015, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2014
41 d early
2013
37 d early
2012
39 d early
2011
39 d early
2010
6 d late
2009
31 d early
2008
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2014, full schema
Turnover
€2.50M▼ 27.0%
2013 · €3.42M
2010: €3.66M
2011: €3.10M
2012: €5.45M
2013: €3.42M
2010 → 2014
EBIT margin
-5.5%▼ 10.8pp
2013 · 5.3%
2010: 3.4%
2011: 4.6%
2012: 5.1%
2013: 5.3%
2010 → 2014
Net result
€-274k
2013 · €25k
2010: €44k
2011: €-22k
2012: €83k
2013: €25k
2010 → 2014
Working capital
€-3.94M▼ 16.8%
2013 · €-3.38M
2010: €310k
2011: €-1.63M
2012: €-2.89M
2013: €-3.38M
2010 → 2014
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20102011201220132014Trend
Turnover€3.66M-€3.10M▼ 15.4%€5.45M▲ 76.0%€3.42M▼ 37.2%€2.50M▼ 27.0%
Equity€441k-€419k▼ 5.0%€502k▲ 19.7%€527k▲ 5.0%€253k▼ 52.0%
Operating result€123k-€144k▲ 17.4%€277k▲ 92.3%€181k▼ 34.4%€-137k
Net result€44k-€-22k€83k€25k▼ 69.4%€-274k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2014: a loss of €137k after €181k in 2013, the lowest result in the available series.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €8.61M
Fixed assets
€4.47M ▼ 5.7%
Current assets
€4.15M ▲ 40.1%
Equity and liabilities €8.61M
Equity
€253k ▼ 52.0%
Debt
€8.36M ▲ 16.6%
Debt's share of the balance-sheet total rises from 93.2% to 97.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€141k▼
2013 · €222k
Cash flow
€4k▼
2013 · €66k
Current ratio
0.51▲
2013 · 0.47
Debt to equity
1.03▼
2013 · 1.56
ROE
-108.5%▼
2013 · 4.8%
ROA
-3.2%▼
2013 · 0.3%
Interest coverage
0.96▼
2013 · 1.97
Debt ≤ 1 year
€8.09M▲
2013 · €6.34M
Debt > 1 year
€260k▼
2013 · €821k
Income taxes
€3k▼
2013 · €51k
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 · 2014 against 2013 · 28 lines
Balance sheet
Code20132014
Assets
Total assets20/58€7.70M€8.61M▲
Fixed assets21/28€4.74M€4.47M▼
Intangible fixed assets21€278k-
Financial fixed assets28€4.46M€4.47M▲
Current assets29/58€2.96M€4.15M▲
Stocks and contracts in progress3€962k€1.49M▲
Amounts receivable within one year40/41€1.81M€2.54M▲
Current investments50/53€47k€51k▲
Cash at bank and in hand54/58€116k€25k▼
Equity and liabilities
Total equity and liabilities10/49€7.70M€8.61M▲
Equity10/15€527k€253k▼
Contributions10/11€25k€25k=
Reserves13€2k€2k=
Profit (loss) carried forward14€500k€225k▼
Amounts payable17/49€7.17M€8.36M▲
Amounts payable after more than one year17€821k€260k▼
Amounts payable within one year42/48€6.34M€8.09M▲
Trade debts44€549k€500k▼
Income statement
Code20132014
Turnover70€3.42M€2.50M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€278k▲
Operating profit (loss)9901€181k€-137k▼
Recurring financial income75€17k€24k▲
Recurring financial charges65€122k€158k▲
Debt charges650€113k€147k▲
Profit (loss) for the period before taxes9903€76k€-271k▼
Income taxes67/77€51k€3k▼
Profit (loss) for the period9904€25k€-274k▼
Profit (loss) for the period to be appropriated9905€25k€-274k▼
Timeline · acts, filings and financial milestones
2015
12-05
State Gazette act
General meeting · Registered-office move
Director reappointment · Director appointment
27-04
State Gazette act
General meeting · Merger
Accounting effect · Name change · Kim Lagae
27-04
State Gazette act
General meeting · Merger
Name change · Statutes amendment
20-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
13-02
State Gazette act
Merger · Accounting effect
Merger-proposal date · Target approval date
13-02
State Gazette act
Merger · Accounting effect
Corporate purpose
2014
30-09
Financial
Weakest financial yearnet €-274k ▼1184%
Net result drops to €-274k, the lowest in the series.
08-09
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
12-05
State Gazette act
General meeting · Director resignation
Auditor reappointment
16-04
State Gazette act
General meeting · Auditor reappointment
Permanent representative
24-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-09
State Gazette act
Board meeting · Director reappointment
General meeting · Mandate compensation
Show earlier events
12-08
State Gazette act
Incorporation · Founding capital
Corporate purpose · Capital
11-06
State Gazette act
General meeting · Auditor appointment
Auditor resignation
11-06
State Gazette act
General meeting · Auditor appointment
25-04
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Director appointment
22-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
30-09
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
30-09
Financial
Equity above €500kEq €502k ▲19.7%
Equity rises from €419k to €502k.
22-03
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
10-11
State Gazette act
General meeting · Capital increase
Capital · Director appointment
01-09
State Gazette act
General meeting · Auditor appointment
Permanent representative · Mandate compensation
06-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 6 days late
2010
16-11
State Gazette act
General meeting · Auditor resignation
Auditor appointment · Permanent representative
25-06
State Gazette act
General meeting · Director resignation
Director appointment · Auditor appointment
25-06
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
30-03
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
08-01
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
09-01
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
02-07
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
30-01
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
18-05
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema · 18 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Acquisitions and mergers
1 transactionTaken over by:KPMG Bedrijfsrevisoren