STRUCTURE
InactiveInactive; last annual accounts for fiscal year 2017.
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 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline25-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 03-09-2018, 34 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation 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)
Financials · fiscal year 2017, full schema
Turnover
€117▼ 41.8%
2016 · €202
EBIT margin
-242.0%▼ 1338.8pp
2016 · 1096.7%
Net result
€-520
2016 · €4k
Working capital
€144k▲ 1.6%
2016 · €142k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Turnover€231-€184▼ 20.1%€198▲ 7.5%€202▲ 1.9%€117▼ 41.8%
Operating result€-12k-€28k€-14k€2k€-284
Net result€726-€31k▲ 4,137%€3k▼ 90.2%€4k▲ 38.0%€-520
EBIT margin-5318.2%-15380.4%▲ 20698.6pp-7119.3%▼ 22499.7pp1096.7%▲ 8216.0pp-242.0%▼ 1338.8pp
Equity€97k-€126k▲ 29.7%€130k▲ 2.9%€137k▲ 5.5%€136k▼ 0.5%
Total assets€213k-€202k▼ 5.0%€183k▼ 9.1%€198k▲ 8.0%€192k▼ 2.9%
Debt€115k-€76k▼ 34.3%€54k▼ 29.1%€61k▲ 13.9%€56k▼ 8.1%
Working capital€84k-€122k▲ 45.4%€139k▲ 14.0%€142k▲ 2.3%€144k▲ 1.6%
Staff (FTE)4.8-4.6▼ 4.2%4.6=4.9▲ 6.5%5▲ 2.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €284 after €2k in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €192k
Fixed assets
€6k ▼ 34.4%
Current assets
€187k ▼ 1.4%
Equity and liabilities €192k
Equity
€136k ▼ 0.5%
Debt
€56k ▼ 8.1%
Debt's share of the balance-sheet total falls from 30.9% to 29.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2016 · €8k
Cash flow
€3k▼
2016 · €10k
Current ratio
4.38▲
2016 · 3.98
ROE
-0.4%▼
2016 · 3.0%
ROA
-0.3%▼
2016 · 2.1%
Debt ≤ 1 year
€43k▼
2016 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €231 | €184 | €198 | €202 | €117 | ▼ 41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €10k | €7k | €6k | €4k | ▼ 37.8% |
| Gross operating margin9900 | €201k | €224k | €197k | €217k | €224k | ▲ 3.3% |
| Operating profit (loss)9901 | €-12k | €28k | €-14k | €2k | €-284 | ▼ 113% |
| Recurring financial income75 | €4k | €2k | €584 | €2k | €711 | ▼ 61.2% |
| Recurring financial charges65 | €365 | €106 | €112 | €118 | €145 | ▲ 22.4% |
| Profit (loss) for the period before taxes9903 | €-8k | €31k | €-14k | €4k | €282 | ▼ 92.8% |
| Profit (loss) for the period9904 | €726 | €31k | €3k | €4k | €-520 | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | €726 | €31k | €3k | €4k | €-520 | ▼ 112% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213k | €202k | €183k | €198k | €192k | ▼ 2.9% |
| Fixed assets21/28 | €33k | €23k | €10k | €9k | €6k | ▼ 34.4% |
| Intangible fixed assets21 | €114 | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €25k | €15k | €10k | €9k | €6k | ▼ 34.4% |
| Financial fixed assets28 | €8k | €8k | €0 | €0 | - | - |
| Current assets29/58 | €180k | €178k | €174k | €190k | €187k | ▼ 1.4% |
| Stocks and contracts in progress3 | €373 | €444 | €227 | €0 | - | - |
| Amounts receivable within one year40/41 | €76k | €77k | €69k | €58k | €13k | ▼ 77.4% |
| Current investments50/53 | - | - | €40k | €0 | - | - |
| Cash at bank and in hand54/58 | €103k | €101k | €65k | €131k | €172k | ▲ 31.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213k | €202k | €183k | €198k | €192k | ▼ 2.9% |
| Equity10/15 | €97k | €126k | €130k | €137k | €136k | ▼ 0.5% |
| Profit (loss) carried forward14 | €726 | €31k | €3k | €4k | €-520 | ▼ 112% |
| Amounts payable17/49 | €115k | €76k | €54k | €61k | €56k | ▼ 8.1% |
| Amounts payable within one year42/48 | €96k | €57k | €35k | €48k | €43k | ▼ 10.4% |
| Trade debts44 | €46k | €10k | €6k | €17k | €16k | ▼ 5.7% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €726 | €31k | €3k | €4k | €-520 | ▼ 112% |
| + Depreciation and write-downs630 | €12k | €10k | €7k | €6k | €4k | ▼ 37.8% |
| Operating cash flow (approximation) | €12k | €41k | €10k | €10k | €3k | ▼ 69.1% |
| Investment in fixed assets (approximation) | - | €-1k | €6k | €-4k | €-649 | ▲ 85.6% |
| Change in cash | - | €-2k | €-36k | €66k | €41k | ▼ 37.9% |
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
2019
11-02
State Gazette act
General meeting · Demerger
Net-asset statement · Power of attorney
2018
22-11
State Gazette act
Board meeting · Power of attorney
Demerger · Accounting effect
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 34 days late
2017
31-12
Financial
Weakest financial yearnet €-520
Net result drops to €-520, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial
Highest result since 2013net €31k ▲4,137%
Operating result €28k, net result €31k, both a record.
31-12
Financial
Equity above €100kEq €126k ▲29.7%
2 profitable years in a row build equity to €126k.
25-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
24-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
13-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Show earlier events
2011
20-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
30-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
18-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionContributed a universality to:SERVICE D'AIDE AUX FAMILLES ET SENIORS DU BORINAGE