ABESEF
Dissolution or liquidationFinancials · financial year 2013, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,965
2012 · €2,544
Working capital
-€53
2012 · €2,687
Trend over the years
2009 to 2013, 5 financial years 2009 to 2013, 5 financial years
The operating result turns negative in 2013: a loss of €210 after €5,278 in 2012.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€210
2013
Net result-€2,965
2013
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€24,328
2013
Equity€1,003
2013
Debt€23,324
2013
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€53
2013
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20092010201120122013
Operating result€4,256-€4,369▲ 2.6%-€6,148€5,278-€210
Net result€3,596-€3,353▼ 6.8%-€8,069€2,544-€2,965
Equity€6,140-€9,493▲ 54.6%€1,424▼ 85.0%€3,969▲ 179%€1,003▼ 74.7%
Total assets€13,820-€14,585▲ 5.5%€29,338▲ 101%€28,785▼ 1.9%€24,328▼ 15.5%
Debt€7,680-€5,092▼ 33.7%€27,913▲ 448%€24,816▼ 11.1%€23,324▼ 6.0%
Working capital€6,140-€9,281▲ 51.2%-€96€2,687-€53
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €24,328
Fixed assets
€7,576 ▼ 34.4%
Current assets
€16,752 ▼ 2.9%
Equity and liabilities €24,328
Equity
€1,003 ▼ 74.7%
Debt
€23,324 ▼ 6.0%
Debt's share of the balance-sheet total rises from 86.2% to 95.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,754▼
2012 · €9,348
Cash flow
€999▼
2012 · €6,615
Current ratio
1.00▼
2012 · 1.18
Quick ratio
0.07▲
2012 · 0.06
Debt to equity
6.50▲
2012 · 2.48
ROE
-295.6%▼
2012 · 64.1%
ROA
-12.2%▼
2012 · 8.8%
Debt ≤ 1 year
€16,805▲
2012 · €14,558
Debt > 1 year
€6,520▼
2012 · €9,858
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €106 | €3,718 | €4,070 | €3,964 | ▼ 2.6% |
| Gross operating margin9900 | €4,604 | €5,052 | -€1,671 | €10,195 | €4,580 | ▼ 55.1% |
| Operating profit (loss)9901 | €4,256 | €4,369 | -€6,148 | €5,278 | -€210 | - |
| Recurring financial income75 | - | €201 | €0 | €6 | - | - |
| Recurring financial charges65 | €660 | €1,216 | €1,921 | €2,739 | €2,755 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €3,596 | €3,353 | -€8,069 | €2,544 | -€2,965 | - |
| Profit (loss) for the period9904 | €3,596 | €3,353 | -€8,069 | €2,544 | -€2,965 | - |
| Profit (loss) for the period to be appropriated9905 | €3,596 | €3,353 | -€8,069 | €2,544 | -€2,965 | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,820 | €14,585 | €29,338 | €28,785 | €24,328 | ▼ 15.5% |
| Fixed assets21/28 | - | €212 | €14,554 | €11,540 | €7,576 | ▼ 34.4% |
| Tangible fixed assets22/27 | - | €212 | €14,554 | €11,540 | €7,576 | ▼ 34.4% |
| Current assets29/58 | €13,820 | €14,373 | €14,784 | €17,245 | €16,752 | ▼ 2.9% |
| Stocks and contracts in progress3 | €5,077 | €12,506 | €12,231 | €16,372 | €15,534 | ▼ 5.1% |
| Amounts receivable within one year40/41 | €8,528 | €1,652 | €2,268 | €583 | €214 | ▼ 63.2% |
| Cash at bank and in hand54/58 | €215 | €215 | €286 | €290 | €1,003 | ▲ 246% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,820 | €14,585 | €29,338 | €28,785 | €24,328 | ▼ 15.5% |
| Equity10/15 | €6,140 | €9,493 | €1,424 | €3,969 | €1,003 | ▼ 74.7% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Profit (loss) carried forward14 | -€56,360 | -€53,007 | -€61,076 | -€58,531 | -€61,497 | ▼ 5.1% |
| Amounts payable17/49 | €7,680 | €5,092 | €27,913 | €24,816 | €23,324 | ▼ 6.0% |
| Amounts payable after more than one year17 | - | - | €13,034 | €9,858 | €6,520 | ▼ 33.9% |
| Amounts payable within one year42/48 | €7,680 | €5,092 | €14,880 | €14,558 | €16,805 | ▲ 15.4% |
| Trade debts44 | €3,555 | - | €52 | €1,585 | €1,522 | ▼ 4.0% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,596 | €3,353 | -€8,069 | €2,544 | -€2,965 | - |
| + Depreciation and write-downs630 | - | €106 | €3,718 | €4,070 | €3,964 | ▼ 2.6% |
| Operating cash flow (approximation) | €3,596 | €3,459 | -€4,351 | €6,615 | €999 | ▼ 84.9% |
| Investment in fixed assets (approximation) | - | - | -€18,060 | -€1,057 | €0 | - |
| Change in cash | - | €0 | €71 | €5 | €713 | ▲ 158× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2013 | full format | 10-07-2014 | 2014-29300313 |
| 31-12-2012 | full format | 09-07-2013 | 2013-29100281 |
| 31-12-2011 | full format | 27-08-2012 | 2012-45300379 |
| 31-12-2010 | full format | 17-08-2011 | 2011-40800470 |
| 31-12-2009 | full format | 28-10-2010 | 2010-59200565 |
| 31-12-2008 | full format | 03-07-2009 | 2009-35900100 |
| 31-12-2007 | full format | 17-07-2008 | 2008-42700218 |
| 31-12-2006 | full format | 09-07-2007 | 2007-37600290 |
| 31-12-2005 | full format | 31-08-2006 | 2006-75000970 |
| 31-12-2004 | full format | 30-09-2005 | 2005-79100265 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.