ORBIT ONE
InactiveInactive; last annual accounts for fiscal year 2015.
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 31-12-2015 was due by 31-07-2016 and was filed on 29-07-2016, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2015
2 d early
2014
37 d early
2013
30 d early
2012
133 d early
2011
4 d early
2010
31 d early
2009
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2015, abbreviated schema
Equity
€49k▼ 86.1%
2014 · €352k
2011: €278k
2012: €365k
2013: €47k
2014: €352k
2011 → 2015
Total assets
€965k▼ 7.1%
2014 · €1.04M
2011: €1.20M
2012: €1.32M
2013: €1.27M
2014: €1.04M
2011 → 2015
Net result
€-303k▼ 7,684%
2014 · €-4k
2011: €11k
2012: €87k
2013: €26k
2014: €-4k
2011 → 2015
Working capital
€-50k
2014 · €257k
2011: €120k
2012: €479k
2013: €72k
2014: €257k
2011 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20112012201320142015Trend
Equity€278k-€365k▲ 31.1%€47k▼ 87.1%€352k▲ 646%€49k▼ 86.1%
Operating result€53k-€164k▲ 207%€64k▼ 61.0%€-16k€-293k▼ 1,767%
Net result€11k-€87k▲ 681%€26k▼ 70.2%€-4k€-303k▼ 7,684%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €293k in 2015 against €16k in 2014; the loss grows and 2015 has the lowest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €965k
Fixed assets
€488k ▲ 0.1%
Current assets
€477k ▼ 13.5%
Equity and liabilities €965k
Equity
€49k ▼ 86.1%
Debt
€916k ▲ 33.4%
Debt's share of the balance-sheet total rises from 66.1% to 94.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-82k▼
2014 · €145k
Cash flow
€-92k▼
2014 · €156k
Current ratio
0.90▼
2014 · 1.88
Debt to equity
4.74▲
2014 · 0.80
ROE
-618.6%▼
2014 · -1.1%
ROA
-31.4%▼
2014 · -0.4%
Debt ≤ 1 year
€527k▲
2014 · €294k
Debt > 1 year
€232k▼
2014 · €282k
Income taxes
€791▼
2014 · €1k
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 · 2015 against 2014 · 26 lines
Balance sheet
Code20142015
Assets
Total assets20/58€1.04M€965k▼
Fixed assets21/28€488k€488k▲
Intangible fixed assets21€67k€142k▲
Tangible fixed assets22/27€411k€336k▼
Financial fixed assets28€10k€10k=
Current assets29/58€552k€477k▼
Amounts receivable within one year40/41€318k€392k▲
Cash at bank and in hand54/58€226k€81k▼
Equity and liabilities
Total equity and liabilities10/49€1.04M€965k▼
Equity10/15€352k€49k▼
Contributions10/11€328k€328k=
Reserves13€2k€2k▲
Profit (loss) carried forward14€22k€-281k▼
Amounts payable17/49€687k€916k▲
Amounts payable after more than one year17€282k€232k▼
Amounts payable within one year42/48€294k€527k▲
Trade debts44€89k€114k▲
Income statement
Code20142015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160k€211k▲
Gross operating margin9900€761k€653k▼
Operating profit (loss)9901€-16k€-293k▼
Recurring financial income75€29k€4k▼
Recurring financial charges65€16k€13k▼
Profit (loss) for the period before taxes9903€-3k€-303k▼
Income taxes67/77€1k€791▼
Profit (loss) for the period9904€-4k€-303k▼
Profit (loss) for the period to be appropriated9905€-4k€-303k▼
Timeline · acts, filings and financial milestones
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
28-06
State Gazette act
General meeting · Merger
Accounting effect · Statutes amendment · Tim Carnewal
12-04
State Gazette act
Merger · Accounting effect
Corporate purpose · Power of attorney
12-04
State Gazette act
Merger · Accounting effect
Corporate purpose · Power of attorney
2015
31-12
Financial
Weakest financial yearnet €-303k
Net result drops to €-303k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Equity above €200kEq €352k ▲646%
Equity rises from €47k to €352k.
01-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
20-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-12
Financial
Highest result since 2011net €87k ▲681%
Operating result €164k, net result €87k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
30-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
Show earlier events
2010
29-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
18-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
30-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
21-06
NBB filing
Annual accounts filed
fiscal year 2006 · 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:DELOITTE ACCOUNTANCY