MICROGEST PARAMEDICAL SOFTWARE
InactiveInactive; last annual accounts for fiscal year 2013.
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 31-12-2013 was due by 31-07-2014 and was filed on 16-06-2014, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2013
45 d early
2012
19 d late
2011
7 d late
2010
19 d late
2009
5 d late
2008
17 d late
2007
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2013, full schema
Turnover
€685k▲ 7.5%
2012 · €637k
2009: €451k
2010: €114k▼ -74.8% vs 2009lowest in 5 years
2011: €565k▲ +397% vs 2010
2012: €637k▲ +12.7% vs 2011
2013: €685k▲ +7.5% vs 2012highest in 5 years
2009 → 2013
EBIT margin
54.0%▼ 1.4pp
2012 · 55.4%
2009: 48.7%
2010: -6.7%▼ -114% vs 2009lowest in 5 years
2011: 51.5%▲ +864% vs 2010
2012: 55.4%▲ +7.5% vs 2011highest in 5 years
2013: 54.0%▼ -2.5% vs 2012
2009 → 2013
Net result
€299k▲ 7.4%
2012 · €278k
2009: €176k
2010: €-11k▼ -106% vs 2009lowest in 5 years
2011: €225k▲ +2132% vs 2010
2012: €278k▲ +23.9% vs 2011
2013: €299k▲ +7.4% vs 2012highest in 5 years
2009 → 2013
Working capital
€1.89M▲ 20.0%
2012 · €1.57M
2009: €948k
2010: €-47k▼ -105% vs 2009lowest in 5 years
2011: €1.28M▲ +2829% vs 2010
2012: €1.57M▲ +22.9% vs 2011
2013: €1.89M▲ +20.0% vs 2012highest in 5 years
2009 → 2013
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010201120122013Trend
Turnover€451k-€114k▼ 74.8%€565k▲ 397%€637k▲ 12.7%€685k▲ 7.5%
2009: €451k
2010: €114k▼ -74.8% vs 2009lowest in 5 years
2011: €565k▲ +397% vs 2010
2012: €637k▲ +12.7% vs 2011
2013: €685k▲ +7.5% vs 2012highest in 5 years
Equity€1.00M-€151k▼ 85.0%€1.35M▲ 797%€1.63M▲ 20.6%€1.93M▲ 18.3%
2009: €1.00M
2010: €151k▼ -85.0% vs 2009lowest in 5 years
2011: €1.35M▲ +797% vs 2010
2012: €1.63M▲ +20.6% vs 2011
2013: €1.93M▲ +18.3% vs 2012highest in 5 years
Operating result€219k-€-8k€291k€353k▲ 21.1%€370k▲ 4.9%
2009: €219k
2010: €-8k▼ -103% vs 2009lowest in 5 years
2011: €291k▲ +3898% vs 2010
2012: €353k▲ +21.1% vs 2011
2013: €370k▲ +4.9% vs 2012highest in 5 years
Net result€176k-€-11k€225k€278k▲ 23.9%€299k▲ 7.4%
2009: €176k
2010: €-11k▼ -106% vs 2009lowest in 5 years
2011: €225k▲ +2132% vs 2010
2012: €278k▲ +23.9% vs 2011
2013: €299k▲ +7.4% vs 2012highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2010 the operating result has climbed three years in a row; 2013 is 5% above 2012 and is the highest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €2.08M
Fixed assets
€40k ▼ 28.1%
Current assets
€2.04M ▲ 11.4%
Equity and liabilities €2.08M
Equity
€1.93M ▲ 18.3%
Debt
€151k ▼ 41.1%
Debt's share of the balance-sheet total falls from 13.6% to 7.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€387k▲
2012 · €370k
Cash flow
€316k▲
2012 · €296k
Current ratio
13.53▲
2012 · 7.15
Quick ratio
13.52▲
2012 · 7.14
ROE
15.5%▼
2012 · 17.1%
ROA
14.4%▼
2012 · 14.7%
Debt ≤ 1 year
€151k▼
2012 · €256k
Income taxes
€128k▼
2012 · €134k
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 · 2013 against 2012 · 28 lines
Balance sheet
Code20122013
Assets
Total assets20/58€1.89M€2.08M▲
Fixed assets21/28€55k€40k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€55k€39k▼
Financial fixed assets28€300€1k▲
Current assets29/58€1.83M€2.04M▲
Stocks and contracts in progress3€2k€407▼
Amounts receivable within one year40/41€48k€40k▼
Current investments50/53€667k€0▼
Cash at bank and in hand54/58€1.11M€2.00M▲
Equity and liabilities
Total equity and liabilities10/49€1.89M€2.08M▲
Equity10/15€1.63M€1.93M▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Profit (loss) carried forward14€1.62M€1.91M▲
Amounts payable17/49€256k€151k▼
Amounts payable within one year42/48€256k€151k▼
Trade debts44€67k€12k▼
Income statement
Code20122013
Turnover70€637k€685k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▼
Gross operating margin9900€474k€512k▲
Operating profit (loss)9901€353k€370k▲
Recurring financial income75€54k€57k▲
Recurring financial charges65€2k€401▼
Profit (loss) for the period before taxes9903€412k€427k▲
Income taxes67/77€134k€128k▼
Profit (loss) for the period9904€278k€299k▲
Profit (loss) for the period to be appropriated9905€278k€299k▲
Accounts by statement
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €451k | €114k | €565k | €637k | €685k | ▲ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €10k | €20k | €17k | €17k | ▼ 1.5% |
| Gross operating margin9900 | €323k | €56k | €401k | €474k | €512k | ▲ 7.8% |
| Operating profit (loss)9901 | €219k | €-8k | €291k | €353k | €370k | ▲ 4.9% |
| Recurring financial income75 | €13k | €750 | €33k | €54k | €57k | ▲ 5.5% |
| Recurring financial charges65 | €1k | €4k | €756 | €2k | €401 | ▼ 76.5% |
| Profit (loss) for the period before taxes9903 | €243k | €-11k | €328k | €412k | €427k | ▲ 3.5% |
| Income taxes67/77 | €67k | - | €104k | €134k | €128k | ▼ 4.6% |
| Profit (loss) for the period9904 | €176k | €-11k | €225k | €278k | €299k | ▲ 7.4% |
| Profit (loss) for the period to be appropriated9905 | €176k | €-11k | €225k | €278k | €299k | ▲ 7.4% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.06M | €235k | €1.50M | €1.89M | €2.08M | ▲ 10.3% |
| Fixed assets21/28 | €55k | €210k | €70k | €55k | €40k | ▼ 28.1% |
| Intangible fixed assets21 | €15k | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €39k | €21k | €70k | €55k | €39k | ▼ 29.7% |
| Financial fixed assets28 | €300 | €190k | €300 | €300 | €1k | ▲ 267% |
| Current assets29/58 | €1.01M | €25k | €1.42M | €1.83M | €2.04M | ▲ 11.4% |
| Stocks and contracts in progress3 | €2k | - | €2k | €2k | €407 | ▼ 79.6% |
| Amounts receivable within one year40/41 | €41k | €21k | €42k | €48k | €40k | ▼ 18.2% |
| Current investments50/53 | €100k | - | €600k | €667k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €866k | €2k | €780k | €1.11M | €2.00M | ▲ 79.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.06M | €235k | €1.50M | €1.89M | €2.08M | ▲ 10.3% |
| Equity10/15 | €1.00M | €151k | €1.35M | €1.63M | €1.93M | ▲ 18.3% |
| Contributions10/11 | €12k | €223k | €12k | €12k | €12k | = |
| Reserves13 | €2k | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €988k | €-72k | €1.34M | €1.62M | €1.91M | ▲ 18.5% |
| Amounts payable17/49 | €61k | €84k | €143k | €256k | €151k | ▼ 41.1% |
| Amounts payable after more than one year17 | - | €13k | - | - | - | - |
| Amounts payable within one year42/48 | €61k | €71k | €143k | €256k | €151k | ▼ 41.1% |
| Trade debts44 | €2k | €6k | €294 | €67k | €12k | ▼ 82.7% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €176k | €-11k | €225k | €278k | €299k | ▲ 7.4% |
| + Depreciation and write-downs630 | €36k | €10k | €20k | €17k | €17k | ▼ 1.5% |
| Operating cash flow (approximation) | €212k | €-556 | €244k | €296k | €316k | ▲ 6.9% |
| Investment in fixed assets (approximation) | - | €-166k | €121k | €-2k | €-1k | ▲ 39.7% |
| Change in cash | - | €-864k | €778k | €334k | €886k | ▲ 166% |
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
2014
13-11
State Gazette act
Merger · Dissolution
Liquidation closure · Statutes amendment
08-08
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
16-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial
Highest result since 2009net €299k ▲7.4%
Operating result €370k, net result €299k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 19 days late
2012
07-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 7 days late
2011
31-12
Financial
Back to profitnet €225k
Net result €225k after one loss-making year.
31-12
Financial
Liquidity times 29current ratio 9.96
Current ratio from 0.34 to 9.96.
31-12
Financial
Equity above €1MEq €1.35M ▲797%
Equity rises from €151k to €1.35M.
19-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 19 days late
2010
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 5 days late
Show earlier events
2009
17-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 17 days late
2008
30-07
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
07-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 7 days late
2006
07-06
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
15-06
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:CORILUS