GERMANISCHER LLOYD BELGIE
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline15-09-2026 today
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 31-07-2018, 0 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 →
Financials · fiscal year 2017, abbreviated schema
Turnover
€0
2016 · €0
2013: €1.97M
2014: €1.83M
2015: €1.90M
2016: €0
2013 → 2017
EBIT margin
5.6%▼ 2.0pp
2014 · 7.6%
2013: 6.5%
2014: 7.6%
2013 → 2015
Net result
€307k▲ 388%
2016 · €63k
2013: €86k
2014: €81k
2015: €63k
2016: €63k
2013 → 2017
Working capital
€175k▲ 39.4%
2016 · €125k
2013: €306k
2014: €143k
2015: €241k
2016: €125k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Turnover€1.97M-€1.83M▼ 7.0%€1.90M▲ 3.4%€0▼ 100%€0
Equity€432k-€213k▼ 50.7%€276k▲ 29.5%€276k=€434k▲ 57.4%
Operating result€128k-€139k▲ 8.8%€107k▼ 23.4%€104k▼ 2.1%€508k▲ 387%
Net result€86k-€81k▼ 6.1%€63k▼ 22.5%€63k=€307k▲ 388%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2017; 2017 is 387% above 2016 and is the highest year so far.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €831k
Fixed assets
€2k▼ 93.6%
Current assets
€829k▲ 6.3%
Equity and liabilities €1.09M
Equity
€434k▲ 57.4%
Debt
€655k=
The debt ratio falls from 70.4% to 60.1%: equity grows faster than debt.
Key figures and ratios
EBITDA
€541k▲
2016 · €139k
Cash flow
€340k▲
2016 · €97k
Solvency
52.3%▲
2016 · 35.3%
Current ratio
1.27▲
2016 · 1.19
Quick ratio
1.27▲
2016 · 1.19
ROE
70.7%▲
2016 · 22.8%
ROA
37.0%▲
2016 · 8.0%
Debt
€655k=
2016 · €655k
Debt ≤ 1 year
€654k=
2016 · €654k
Income taxes
€196k▲
2016 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€782k€829k▲
Formation expenses20€0€0=
Fixed assets21/28€35k€2k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€35k€2k▼
Financial fixed assets28€0€0=
Current assets29/58€780k€829k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€565k€673k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€358k€358k=
Equity and liabilities
Total equity and liabilities10/49€782k€829k▲
Equity10/15€276k€434k▲
Contributions10/11€62k€62k=
Reserves13€56k€56k=
Profit (loss) carried forward14€151k€309k▲
Amounts payable17/49€655k€655k=
Amounts payable within one year42/48€654k€654k=
Trade debts44€166k€137k▼
Income statement
Code20162017
Turnover70€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€33k▼
Gross operating margin9900€1.06M€1.33M▲
Operating profit (loss)9901€104k€508k▲
Recurring financial income75€106€0▼
Recurring financial charges65€-6k€6k▲
Profit (loss) for the period before taxes9903€103k€503k▲
Income taxes67/77€41k€196k▲
Profit (loss) for the period9904€63k€307k▲
Profit (loss) for the period to be appropriated9905€63k€307k▲
Appropriation of the result
Return on contributions (dividend)694€200k€200k=
Timeline · acts, filings and financial milestones
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
28-05
State Gazette act
General meeting · Merger
Accounting effect · Name change · Paul MASELIS
30-03
State Gazette act
Merger · Name change
Accounting effect · Corporate purpose
2017
31-12
Financial
Highest result since 2013net €307k ▲388%
Operating result €508k, net result €307k, both a record.
16-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 108 days late
2016
31-12
Financial
Weakest financial yearnet €63k ▼0%
Net result drops to €63k, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
26-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
04-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
25-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
27-04
NBB filing
Annual accounts filed
fiscal year 2008 · 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 transactionTaken over by:DNV BELGIUM