ACTIVE SAILING (0477.395.693), Inactive: financials and annual accounts

ACTIVE SAILING

KBO/BCE: BE 0477.395.693

Line	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	8,516	313,086	340,786	474,020	503,445	580,528
Fixed assets`21/28`	-	248,795	289,788	332,901	383,134	412,950
Tangible fixed assets`22/27`	-	248,685	289,678	332,791	383,024	412,840
Plant, machinery and equipment`23`	-	248,685	289,678	332,791	383,024	412,840
Financial fixed assets`28`	-	110	110	110	110	110
Other financial fixed assets`284/8`	-	110	110	-	-	-
Amounts receivable and cash guarantees`285/8`	-	110	110	-	-	-
Current assets`29/58`	8,516	64,290	50,998	141,120	120,311	167,577
Amounts receivable within one year`40/41`	1,547	34,112	23,268	114,661	96,410	132,337
Trade receivables`40`	-	7,337	7,491	9,406	8,360	19,303
Other amounts receivable`41`	1,547	26,775	15,777	105,254	88,050	113,034
Cash at bank and in hand`54/58`	6,969	28,209	17,183	17,304	19,190	31,678
Deferred charges and accrued income`490/1`	-	1,970	10,546	9,155	4,711	3,563
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	8,516	313,086	340,786	474,020	503,445	580,528
Equity`10/15`	-59,650	-38,693	3,416	55,036	106,744	105,325
Contributions`10/11`	250,000	250,000	250,000	250,000	250,000	250,000
Issued capital`100`	250,000	250,000	250,000	250,000	250,000	250,000
Profit (loss) carried forward`14`	-309,650	-288,693	-246,584	-194,964	-143,256	-144,675
Amounts payable`17/49`	68,166	351,779	337,370	418,985	396,701	475,203
Amounts payable after more than one year`17`	68,166	245,500	245,500	245,500	245,500	327,500
Financial debts`170/4`	68,166	245,500	245,500	245,500	245,500	327,500
Other loans`174`	68,166	245,500	245,500	-	-	-
Amounts payable within one year`42/48`	-	106,279	89,248	173,485	138,312	140,878
Current portion of amounts payable after more than one year`42`	-	-	5,100	3,300	1,500	8,304
Trade debts`44`	-	5,089	8,337	15,487	7,521	6,640
Suppliers`440/4`	-	5,089	8,337	15,487	7,521	6,640
Advances received on contracts in progress`46`	-	-	-	-	4,430	-
Taxes, remuneration and social security`45`	-	-	136	-	1,747	1,027
Taxes`450/3`	-	-	-	-	1,618	1,027
Remuneration and social security`454/9`	-	-	136	-	130	-
Other amounts payable`47/48`	-	101,190	75,676	154,698	123,114	124,906
Accrued charges and deferred income`492/3`	-	-	2,622	-	12,889	6,825
Income statement
Operating income`70/76A`	45,027	116,303	90,745	-	-	-
Turnover`70`	45,000	116,297	89,821	-	-	-
Non-recurring operating income`76A`	-	-	-	-	418	-
Gross operating margin`9900`	-	-	-	38,357	89,871	53,059
Operating charges`60/66A`	51,287	137,161	122,307	-	-	-
Services and other goods`61`	31,881	83,391	62,547	-	-	-
Remuneration, social security and pensions`62`	11,281	12,011	11,315	13,147	13,464	6,676
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	40,993	47,900	61,638	58,202	49,865
Other operating charges`640/8`	8,126	767	544	917	3,284	279
Operating profit (loss)`9901`	-6,260	-20,858	-31,562	-37,345	14,920	-3,762
Financial income`75/76B`	648	1,605	2,535	6,322	267	16
Recurring financial income`75`	648	1,605	2,535	6,322	267	16
Other financial income`752/9`	648	1,605	2,535	-	-	-
Financial charges`65/66B`	15,344	22,856	22,593	20,686	14,185	6,179
Recurring financial charges`65`	15,344	22,856	22,593	20,686	14,185	6,179
Debt charges`650`	15,274	22,530	22,248	-	-	-
Other financial charges`652/9`	70	326	346	-	-	-
Profit (loss) for the period before taxes`9903`	-20,956	-42,109	-51,620	-51,708	1,420	-9,925
Income taxes`67/77`	-	-	-	-	-	-14
Profit (loss) for the period`9904`	-20,956	-42,109	-51,620	-51,708	1,420	-9,911
Profit (loss) for the period to be appropriated`9905`	-20,956	-42,109	-51,620	-51,708	1,420	-9,911
Appropriation of the result
Profit (loss) to be appropriated`9906`	-309,650	-288,693	-246,584	-194,964	-143,256	-144,675
Social balance sheet
Average staff (FTE)`9087`	0.3	0.3	0.3	1	0.9	0.9
Hours worked`1013`	462	584	593	617	631	631
Document	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
29-06-2012	full format	19-12-2012	2012-67400278	PDF
30-09-2011	full format	27-04-2012	2012-09900153	PDF
30-09-2010	full format	29-04-2011	2011-10100107	PDF
30-09-2009	abbreviated format	30-04-2010	2010-10600545	PDF
30-09-2008	abbreviated format	29-04-2009	2009-12700140	PDF
30-09-2007	abbreviated format	30-04-2008	2008-12800030	PDF
30-09-2006	abbreviated format	27-03-2007	2007-09500168	PDF
30-09-2005	abbreviated format	28-04-2006	2006-12600519	PDF
30-09-2004	abbreviated format	11-04-2005	2005-11303924	PDF
30-09-2003	abbreviated format	23-04-2004	2004-12003269	PDF

Line	2012	2011	2010	2009	2008	2007
EBITDA	-	20,135	16,338	24,293	73,123	46,104
Cash flow	-	-1,117	-3,719	9,929	59,622	39,954
Investment in fixed assets (approximation)	-	0	4,788	11,405	27,968	2,973
Change in cash	-21,240	11,026	-121	-1,886	-12,488	-
Working capital	-	-41,989	-38,251	-32,365	-18,001	26,700
EBIT margin	-13.9%	-17.9%	-35.1%	-	-	-
Solvency	-700.4%	-12.4%	1.0%	11.6%	21.2%	18.1%
Current ratio	-	0.60	0.57	0.81	0.87	1.19
Debt to equity	-	-	98.76	7.61	3.72	4.51
ROE	-	-	-	-94.0%	1.3%	-9.4%
ROA	-246.1%	-13.4%	-15.1%	-10.9%	0.3%	-1.7%
Interest coverage	-	0.89	0.73	-	-	-
Customer credit	13 days	23 days	30 days	-	-	-
Supplier credit	-	22 days	49 days	-	-	-

By activity	2010	2011	2012
Verhuur zeilboot, organisatie events, beheersfunctie	-	-	€45,000
Verhuur zeilboot, organisatie events	€89,821	€116,297	-
Total	€89,821	€116,297	€45,000

ACTIVE SAILING

Annual accounts 2012

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE€37,603

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2012

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