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INDAX

Inactive
KBO/BCE: BE 0825.663.208

Inactive; 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 · 6 filings
Position against the passed deadline
31-12-2017 close31-07-2018 deadline24-09-2026 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 27-07-2017, 4 days ahead of the deadline.
NBB · 6 filings
Deviation 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 →
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 2016, micro schema

Equity
€1.56M▲ 1.4%
2015 · €1.54M
2012: €205k 2013: €204k 2014: €184k 2015: €1.54M
2012 → 2016
Total assets
€1.84M▲ 2.1%
2015 · €1.81M
2012: €407k 2013: €324k 2014: €300k 2015: €1.81M
2012 → 2016
Net result
€21k▼ 98.5%
2015 · €1.36M
2012: €67k 2013: €4k 2014: €-20k 2015: €1.36M
2012 → 2016
Working capital
€1.55M▲ 0.5%
2015 · €1.54M
2012: €150k 2013: €124k 2014: €104k 2015: €1.54M
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20122013201420152016Trend
Equity€205k-€204k▼ 0.6%€184k▼ 9.9%€1.54M▲ 740%€1.56M▲ 1.4%
Operating result€105k-€25k▼ 75.8%€-28k€29k€-5k
Net result€67k-€4k▼ 94.5%€-20k€1.36M€21k▼ 98.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00M€1.50MOperating result 2012: €105k€105kNet result 2012: €67k€67kOperating result 2013: €25k€25kNet result 2013: €4k€4kOperating result 2014: €-28k€-28kNet result 2014: €-20k€-20kOperating result 2015: €29k€29kNet result 2015: €1.36M€1.36MOperating result 2016: €-5k€-5kNet result 2016: €21k€21k20122013201420152016€-500k€0€500k€1M€1.5MOperating result 2014: €-28k€-28kNet result 2014: €-20k€-20kOperating result 2015: €29k€29kNet result 2015: €1.36M€1.4MOperating result 2016: €-5k€-4.6kNet result 2016: €21k€21k201420152016
The operating result turns negative in 2016: a loss of €5k after €29k in 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €1.84M
Fixed assets €113k ▲ 12.7%
Current assets €1.73M ▲ 1.4%
Equity and liabilities €1.84M
Equity €1.56M ▲ 1.4%
Debt €278k ▲ 6.2%
Debt's share of the balance-sheet total rises from 14.5% to 15.1%. Equity and debt are higher.
Key figures and ratios
2016 value · change against 2015
EBITDA
€-885
2015 · €29k
Cash flow
€25k
2015 · €1.36M
Current ratio
9.82
2015 · 10.66
Debt to equity
0.06
2015 · 0.06
ROE
1.3%
2015 · 88.1%
ROA
1.1%
2015 · 75.3%
Debt ≤ 1 year
€176k
2015 · €160k
Debt > 1 year
€100k=
2015 · €100k
Income taxes
€2k
2015 · €147k
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 · 2016 against 2015 · 25 lines
Balance sheet Code20152016
Assets
Total assets20/58€1.81M€1.84M
Fixed assets21/28€101k€113k
Tangible fixed assets22/27€637€13k
Financial fixed assets28€100k€100k=
Current assets29/58€1.70M€1.73M
Amounts receivable within one year40/41€774k€624k
Current investments50/53€513k€518k
Cash at bank and in hand54/58€418k€587k
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.84M
Equity10/15€1.54M€1.56M
Contributions10/11€84k€84k=
Reserves13€1.46M€1.48M
Amounts payable17/49€262k€278k
Amounts payable after more than one year17€100k€100k=
Amounts payable within one year42/48€160k€176k
Trade debts44€576€15k
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525€4k
Gross operating margin9900€30k€-70
Operating profit (loss)9901€29k€-5k
Recurring financial income75€22k€32k
Recurring financial charges65€4k€4k
Profit (loss) for the period before taxes9903€1.51M€23k
Income taxes67/77€147k€2k
Profit (loss) for the period9904€1.36M€21k
Profit (loss) for the period to be appropriated9905€1.36M€21k

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Timeline · acts, filings and financial milestones

2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
19-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2015
31-12
Financial Back to profitnet €1.36M
Net result €1.36M after one loss-making year.
31-12
Financial Equity above €1MEq €1.54M ▲740%
Equity rises from €184k to €1.54M.
26-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial Weakest financial yearnet €-20k ▼648%
Net result drops to €-20k, the lowest in the series.
01-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 1 day late
2013
31-12
Financial Liquidity triplescurrent ratio 7.86
Current ratio from 2.52 to 7.86; short-term debt falls from €99k to €18k.
29-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
03-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 3 days late
2011
07-07
State Gazette act Incorporation · Founding capital
Bank account · Corporate purpose
16-02
State Gazette act Incorporation · Founding capital
Bank account · Corporate purpose
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location