FORK CAPITAL

Inactive

KBO/BCE: BE 0478.163.181

Inactive; last annual accounts for fiscal year 2017.

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FORK CAPITALInactive

Risk analysis Report Compare

Signals

1 signal. The signal on the left, the evidence on the right.

○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 09-07-2018, 22 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2017

22 d early

2016

17 d early

2015

38 d early

2014

1 d early

2013

37 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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, statutory accounts

Turnover

€409k▼ 10.8%

2016 · €459k

2013: €346klowest in 5 years 2014: €390k▲ +12.7% vs 2013 2015: €451k▲ +15.6% vs 2014 2016: €459k▲ +1.6% vs 2015highest in 5 years 2017: €409k▼ -10.8% vs 2016

2013 → 2017

EBIT margin

84.1%▼ 4.2pp

2016 · 88.3%

2013: 60.2%lowest in 5 years 2014: 60.4%▲ +0.4% vs 2013 2015: 70.7%▲ +17.0% vs 2014 2016: 88.3%▲ +24.9% vs 2015highest in 5 years 2017: 84.1%▼ -4.8% vs 2016

2013 → 2017

Net result

€907k▼ 21.2%

2016 · €1.15M

2013: €112k 2014: €108k▼ -3.2% vs 2013lowest in 5 years 2015: €606k▲ +460% vs 2014 2016: €1.15M▲ +90.1% vs 2015highest in 5 years 2017: €907k▼ -21.2% vs 2016

2013 → 2017

Working capital

€258k▼ 74.9%

2016 · €1.03M

2013: €1.44Mhighest in 5 years 2014: €1.10M▼ -23.4% vs 2013 2015: €397k▼ -64.0% vs 2014 2016: €1.03M▲ +159% vs 2015 2017: €258k▼ -74.9% vs 2016lowest in 5 years

2013 → 2017

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20132014201520162017Trend

Turnover€346k-€390k▲ 12.7%€451k▲ 15.6%€459k▲ 1.6%€409k▼ 10.8% 2013: €346klowest in 5 years 2014: €390k▲ +12.7% vs 2013 2015: €451k▲ +15.6% vs 2014 2016: €459k▲ +1.6% vs 2015highest in 5 years 2017: €409k▼ -10.8% vs 2016

Equity€3.93M-€4.01M▲ 2.1%€4.42M▲ 10.1%€5.37M▲ 21.5%€6.28M▲ 16.9% 2013: €3.93Mlowest in 5 years 2014: €4.01M▲ +2.1% vs 2013 2015: €4.42M▲ +10.1% vs 2014 2016: €5.37M▲ +21.5% vs 2015 2017: €6.28M▲ +16.9% vs 2016highest in 5 years

Operating result€208k-€236k▲ 13.1%€319k▲ 35.3%€405k▲ 27.0%€344k▼ 15.1% 2013: €208klowest in 5 years 2014: €236k▲ +13.1% vs 2013 2015: €319k▲ +35.3% vs 2014 2016: €405k▲ +27.0% vs 2015highest in 5 years 2017: €344k▼ -15.1% vs 2016

Net result€112k-€108k▼ 3.2%€606k▲ 460%€1.15M▲ 90.1%€907k▼ 21.2% 2013: €112k 2014: €108k▼ -3.2% vs 2013lowest in 5 years 2015: €606k▲ +460% vs 2014 2016: €1.15M▲ +90.1% vs 2015highest in 5 years 2017: €907k▼ -21.2% vs 2016

Result per fiscal year

Operating resultNet result

The operating result falls in 2017; 2017 is 15% below 2016.

Balance-sheet composition

2017 in colour, 2016 as the grey bar beneath

Assets €13.98M

81.2%

18.8%

Fixed assets €11.35M ▲ 1.0%

Current assets €2.63M ▲ 3.5%

Equity and liabilities €13.98M

44.9%

55.1%

Equity €6.28M ▲ 16.9%

Debt €7.71M ▼ 8.4%

Debt's share of the balance-sheet total falls from 61.1% to 55.1%. Equity is higher and debt is lower.

Key figures and ratios

2017 value · change against 2016

Current ratio

1.11▼

2016 · 1.68

Debt to equity

0.83▼

2016 · 1.26

ROE

14.5%▼

2016 · 21.4%

ROA

6.5%▼

2016 · 8.4%

Debt ≤ 1 year

€2.37M▲

2016 · €1.51M

Debt > 1 year

€5.19M▼

2016 · €6.75M

Income taxes

€67k▲

2016 · €19k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2017 against 2016 · 26 lines

Balance sheet Code20162017

Assets

Total assets20/58€13.79M€13.98M▲

Fixed assets21/28€11.24M€11.35M▲

Financial fixed assets28€11.24M€11.35M▲

Current assets29/58€2.54M€2.63M▲

Amounts receivable within one year40/41€336k€19k▼

Current investments50/53€2.11M€2.52M▲

Cash at bank and in hand54/58€58k€23k▼

Equity and liabilities

Total equity and liabilities10/49€13.79M€13.98M▲

Equity10/15€5.37M€6.28M▲

Contributions10/11€3.50M€3.50M=

Reserves13€350k€350k=

Profit (loss) carried forward14€1.52M€2.43M▲

Amounts payable17/49€8.42M€7.71M▼

Amounts payable after more than one year17€6.75M€5.19M▼

Amounts payable within one year42/48€1.51M€2.37M▲

Trade debts44€137k€52k▼

Income statement Code20162017

Turnover70€459k€409k▼

Operating profit (loss)9901€405k€344k▼

Recurring financial income75€1.18M€1.02M▼

Recurring financial charges65€413k€391k▼

Debt charges650€412k€390k▼

Profit (loss) for the period before taxes9903€1.17M€974k▼

Income taxes67/77€19k€67k▲

Profit (loss) for the period9904€1.15M€907k▼

Profit (loss) for the period to be appropriated9905€1.15M€907k▼

Appropriation of the result

Return on contributions (dividend)694€6k-

Accounts by statement

Income statement Balance sheet Cash flow

Line	2013	2014	2015	2016	2017	Change
Turnover70	€346k	€390k	€451k	€459k	€409k	▼ 10.8%
Operating profit (loss)9901	€208k	€236k	€319k	€405k	€344k	▼ 15.1%
Recurring financial income75	€355k	€350k	€736k	€1.18M	€1.02M	▼ 13.4%
Recurring financial charges65	€550k	€462k	€453k	€413k	€391k	▼ 5.3%
Debt charges650	€550k	€461k	€452k	€412k	€390k	▼ 5.3%
Profit (loss) for the period before taxes9903	€103k	€142k	€602k	€1.17M	€974k	▼ 16.8%
Income taxes67/77	€-8k	€34k	€-3k	€19k	€67k	▲ 245%
Profit (loss) for the period9904	€112k	€108k	€606k	€1.15M	€907k	▼ 21.2%
Profit (loss) for the period to be appropriated9905	€112k	€108k	€606k	€1.15M	€907k	▼ 21.2%

Line	2013	2014	2015	2016	2017	Change
Assets
Total assets20/58	€15.55M	€13.25M	€13.16M	€13.79M	€13.98M	▲ 1.4%
Fixed assets21/28	€11.17M	€11.15M	€10.96M	€11.24M	€11.35M	▲ 1.0%
Financial fixed assets28	€11.17M	€11.15M	€10.96M	€11.24M	€11.35M	▲ 1.0%
Current assets29/58	€4.38M	€2.09M	€2.20M	€2.54M	€2.63M	▲ 3.5%
Amounts receivable within one year40/41	€829k	€18k	€19k	€336k	€19k	▼ 94.4%
Current investments50/53	€2.51M	€1.93M	€2.10M	€2.11M	€2.52M	▲ 19.6%
Cash at bank and in hand54/58	€896k	€120k	€41k	€58k	€23k	▼ 60.3%
Equity and liabilities
Total equity and liabilities10/49	€15.55M	€13.25M	€13.16M	€13.79M	€13.98M	▲ 1.4%
Equity10/15	€3.93M	€4.01M	€4.42M	€5.37M	€6.28M	▲ 16.9%
Contributions10/11	€3.50M	€3.50M	€3.50M	€3.50M	€3.50M	=
Reserves13	€100k	€150k	€250k	€350k	€350k	=
Profit (loss) carried forward14	€330k	€362k	€668k	€1.52M	€2.43M	▲ 59.7%
Amounts payable17/49	€11.62M	€9.23M	€8.74M	€8.42M	€7.71M	▼ 8.4%
Amounts payable after more than one year17	€8.50M	€8.06M	€6.77M	€6.75M	€5.19M	▼ 23.2%
Amounts payable within one year42/48	€2.94M	€993k	€1.80M	€1.51M	€2.37M	▲ 56.7%
Trade debts44	€2.65M	€24k	€47k	€137k	€52k	▼ 62.0%

Line	2013	2014	2015	2016	2017	Change
Profit (loss) for the period9904	€112k	€108k	€606k	€1.15M	€907k	▼ 21.2%
Operating cash flow (approximation)	€112k	€108k	€606k	€1.15M	€907k	▼ 21.2%
Investment in fixed assets (approximation)	-	€18k	€192k	€-282k	€-109k	▲ 61.5%
Change in cash	-	€-775k	€-79k	€17k	€-35k	▼ 307%

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

All 26Financial 3Gazette 13Filings 10

2019

04-09

State Gazette act General meeting · Director appointment

Permanent representative · Auditor appointment

04-09

State Gazette act General meeting · Director appointment

Permanent representative · Auditor appointment

30-08

State Gazette act General meeting · Director appointment

Permanent representative · Mandate compensation

2018

09-07

NBB filing Annual accounts filed

fiscal year 2017 · consolidated

09-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

29-05

State Gazette act Merger · Accounting effect

Capital · Corporate purpose

24-05

State Gazette act General meeting · Board meeting

Merger · Capital

2017

18-07

NBB filing Annual accounts filed

fiscal year 2016 · consolidated

14-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

31-12

Financial Highest result since 2013net €1.15M ▲90.1%

Operating result €405k, net result €1.15M, both a record.

31-12

Financial Equity above €5MEq €5.37M ▲21.5%

4 profitable years in a row build equity to €5.37M.

23-06

NBB filing Annual accounts filed

fiscal year 2015 · consolidated

Show earlier events

23-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

13-06

State Gazette act General meeting · Director appointment

Permanent representative

07-06

State Gazette act General meeting · Director appointment

Permanent representative

23-05

State Gazette act General meeting · Statutes amendment

Capital · Director resignation

23-05

State Gazette act General meeting · Capital

Statutes amendment · Director resignation

2015

18-09

State Gazette act General meeting · Board meeting

Director resignation · Director appointment

04-08

NBB filing Annual accounts filed

fiscal year 2014 · consolidated

30-07

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

31-12

Financial Weakest financial yearnet €108k ▼3.2%

Net result drops to €108k, the lowest in the series.

04-07

State Gazette act General meeting · Board meeting

Director resignation · Director discharge

25-06

NBB filing Annual accounts filed

fiscal year 2013 · consolidated

24-06

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

26-11

State Gazette act Merger · Capital

Net-asset statement · Permanent representative

30-10

State Gazette act General meeting · Board meeting

Director resignation · Director discharge

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 11 acts read

About the unread acts

We know of 11 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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