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RIVAM

Inactive
KBO/BCE: BE 0875.706.201

Inactive; last annual accounts for fiscal year 2017.

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 30-06-2017 was due by 31-01-2018 and was filed on 05-01-2018, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2017
26 d early
2017
15 d late
2016
13 d late
2015
33 d early
2014
55 d early
2013
12 d late
2011
59 d late
← 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 2017, full schema

Turnover
€1.58M▼ 58.9%
2017 · €3.84M
2014: €3.53M 2015: €3.70M 2016: €3.84M 2017: €3.84M
2014 → 2017
EBIT margin
3.7%▼ 2.1pp
2017 · 5.8%
2014: 5.0% 2015: 3.0% 2016: 2.3% 2017: 5.8%
2014 → 2017
Net result
€36k▼ 73.6%
2017 · €135k
2014: €111k 2015: €55k 2016: €34k 2017: €135k
2014 → 2017
Working capital
€50k
2017 · €-48k
2014: €-588k 2015: €-403k 2016: €-329k 2017: €-48k
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20142015201620172017Trend
Turnover€3.53M-€3.70M▲ 4.7%€3.84M▲ 3.7%€3.84M▲ 0.1%€1.58M▼ 58.9%
Equity€15k-€63k▲ 321%€96k▲ 52.6%€231k▲ 140%€267k▲ 15.4%
Operating result€178k-€111k▼ 37.5%€88k▼ 20.8%€222k▲ 152%€59k▼ 73.7%
Net result€111k-€55k▼ 50.9%€34k▼ 37.4%€135k▲ 293%€36k▼ 73.6%
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2014: €178k€178kNet result 2014: €111k€111kOperating result 2015: €111k€111kNet result 2015: €55k€55kOperating result 2016: €88k€88kNet result 2016: €34k€34kOperating result 2017: €222k€222kNet result 2017: €135k€135kOperating result 2017: €59k€59kNet result 2017: €36k€36k20142015201620172017€0€100k€200kOperating result 2016: €88k€88kNet result 2016: €34k€34kOperating result 2017: €222k€222kNet result 2017: €135k€135kOperating result 2017: €59k€59kNet result 2017: €36k€36k201620172017
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2017 in colour, 2017 as the grey bar beneath
Assets €554k
Fixed assets €225k ▼ 20.0%
Current assets €329k ▼ 42.9%
Equity and liabilities €554k
Equity €267k ▲ 15.4%
Debt €287k ▼ 54.2%
Debt's share of the balance-sheet total falls from 73.1% to 51.9%. Equity is higher and debt is lower.
Key figures and ratios
2017 value · change against 2017
EBITDA
€122k
2017 · €400k
Cash flow
€99k
2017 · €312k
Current ratio
1.18
2017 · 0.92
Quick ratio
1.06
2017 · 0.86
ROE
13.3%
2017 · 58.3%
ROA
6.4%
2017 · 15.7%
Interest coverage
83.39
2017 · 132.64
Debt ≤ 1 year
€279k
2017 · €625k
Income taxes
€21k
2017 · €81k
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 · 2017 against 2017 · 25 lines
Balance sheet Code20172017
Assets
Total assets20/58€858k€554k
Fixed assets21/28€281k€225k
Intangible fixed assets21€16k€10k
Tangible fixed assets22/27€265k€214k
Current assets29/58€577k€329k
Stocks and contracts in progress3€36k€34k
Amounts receivable within one year40/41€62k€99k
Cash at bank and in hand54/58€450k€164k
Equity and liabilities
Total equity and liabilities10/49€858k€554k
Equity10/15€231k€267k
Contributions10/11€30k€30k=
Reserves13€3k€3k=
Profit (loss) carried forward14€198k€234k
Amounts payable17/49€627k€287k
Amounts payable within one year42/48€625k€279k
Trade debts44€465k€164k
Income statement Code20172017
Turnover70€3.84M€1.58M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€177k€63k
Operating profit (loss)9901€222k€59k
Recurring financial charges65€6k€2k
Debt charges650€3k€1k
Profit (loss) for the period before taxes9903€216k€56k
Income taxes67/77€81k€21k
Profit (loss) for the period9904€135k€36k
Profit (loss) for the period to be appropriated9905€135k€36k

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Timeline · acts, filings and financial milestones

2018
05-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
20-09
State Gazette act General meeting · Merger
Net-asset statement · Accounting effect
15-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 15 days late
09-05
State Gazette act Merger · Accounting effect
31-01
Financial Highest result since 2014net €135k ▲293%
Operating result €222k, net result €135k, both a record.
31-01
Financial Equity above €200kEq €231k ▲140%
4 profitable years in a row build equity to €231k.
2016
13-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 13 days late
31-01
Financial Weakest financial yearnet €34k ▼37.4%
Net result drops to €34k, the lowest in the series.
2015
29-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2014
07-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2013
12-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 12 days late
2012
28-09
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 59 days late
Show earlier events
2011
26-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 26 days late
2010
02-07
NBB filing Annual accounts filed
fiscal year 2009 · full schema
2009
28-08
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:EXKi
BE 0472.429.986State Gazette act of 20-09-2017 (2 acts)