INFORMAT
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 31-12-2014 was due by 31-07-2015 and was filed on 08-06-2015, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2014
53 d early
2013
100 d early
2012
152 d early
2011
33 d early
2010
23 d late
2009
36 d early
2008
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2014, full schema
Turnover
€3.32M▲ 6.8%
2013 · €3.11M
2013: €3.11M
2013 → 2014
EBIT margin
0.4%▼ 12.4pp
2013 · 12.8%
2013: 12.8%
2013 → 2014
Net result
€23k▼ 92.7%
2013 · €308k
2010: €367k
2011: €440k
2012: €606k
2013: €308k
2010 → 2014
Working capital
€2.18M▲ 9.9%
2013 · €1.98M
2010: €1.36M
2011: €1.68M
2012: €2.44M
2013: €1.98M
2010 → 2014
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20102011201220132014Trend
Turnover€3.11M€3.32M▲ 6.8%
Equity€676k-€950k▲ 40.6%€1.56M▲ 63.8%€1.86M▲ 19.8%€1.89M▲ 1.2%
Operating result€467k-€537k▲ 15.0%€878k▲ 63.6%€397k▼ 54.8%€13k▼ 96.6%
Net result€367k-€440k▲ 19.9%€606k▲ 38.0%€308k▼ 49.3%€23k▼ 92.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2014 is 97% below 2013 and is the lowest result in the available series.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €3.61M
Fixed assets
€809k ▼ 2.1%
Current assets
€2.80M ▲ 11.1%
Equity and liabilities €3.61M
Equity
€1.89M ▲ 1.2%
Debt
€1.73M ▲ 16.2%
Debt's share of the balance-sheet total rises from 44.4% to 47.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79k▼
2013 · €433k
Cash flow
€88k▼
2013 · €344k
Current ratio
4.47▼
2013 · 4.64
ROE
1.2%▼
2013 · 16.5%
ROA
0.6%▼
2013 · 9.2%
Interest coverage
5246.55▲
2013 · 1565.59
Debt ≤ 1 year
€628k▲
2013 · €544k
Income taxes
€10k▼
2013 · €157k
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 · 27 lines
Balance sheet
Code20132014
Assets
Total assets20/58€3.35M€3.61M▲
Fixed assets21/28€827k€809k▼
Intangible fixed assets21€20k€60k▲
Tangible fixed assets22/27€804k€747k▼
Financial fixed assets28€3k€3k▼
Current assets29/58€2.52M€2.80M▲
Amounts receivable within one year40/41€221k€822k▲
Current investments50/53€722k€222k▼
Cash at bank and in hand54/58€1.56M€1.74M▲
Equity and liabilities
Total equity and liabilities10/49€3.35M€3.61M▲
Equity10/15€1.86M€1.89M▲
Contributions10/11€93k€93k=
Reserves13€1.46M€1.46M=
Profit (loss) carried forward14€308k€330k▲
Amounts payable17/49€1.49M€1.73M▲
Amounts payable within one year42/48€544k€628k▲
Trade debts44€128k€196k▲
Income statement
Code20132014
Turnover70€3.11M€3.32M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€65k▲
Operating profit (loss)9901€397k€13k▼
Recurring financial income75€62k€18k▼
Recurring financial charges65€387€2k▲
Debt charges650€277€15▼
Profit (loss) for the period before taxes9903€465k€32k▼
Income taxes67/77€157k€10k▼
Profit (loss) for the period9904€308k€23k▼
Profit (loss) for the period to be appropriated9905€308k€23k▼
Timeline · acts, filings and financial milestones
2015
08-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
17-04
State Gazette act
Merger · Accounting effect
Purpose change · Statutes amendment
20-02
State Gazette act
Board meeting · Merger
Accounting effect · Purpose change
2014
31-12
Financial
Weakest financial yearnet €23k ▼92.7%
Net result drops to €23k, the lowest in the series.
22-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
01-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-12
Financial
Highest result since 2010net €606k ▲38%
Operating result €878k, net result €606k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 12.29
Current ratio from 5.47 to 12.29; short-term debt falls from €376k to €216k.
31-12
Financial
Equity above €1MEq €1.56M ▲63.8%
3 profitable years in a row build equity to €1.56M.
28-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
23-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 23 days late
2010
25-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
Show earlier events
2009
30-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
02-07
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
18-07
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
03-07
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated 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:Plantyn