ADit!,
Dissolution or liquidationFinancials · financial year 2010, abbreviated format
Annual accounts 2010 filed on 23-12-2010 PDF all 11 filings
Equity
€35,111▼ 5.8%
2009 · €37,267
Total assets
€46,649▲ 3.4%
2009 · €45,117
Net result
-€2,155▲ 55.7%
2009 · -€4,860
Working capital
€35,111▼ 5.8%
2009 · €37,267
Multi-year overview
2006 to 2010, 5 financial yearsOperating result
-€1,645
▲ 51.1%
2010
20062010
Net result
-€2,155
▲ 55.7%
2010
20062010
Equity
€35,111
▼ 5.8%
2010
20062010
Total assets
€46,649
▲ 3.4%
2010
20062010
Debt
€11,538
▲ 47.0%
2010
20062010
Working capital
€35,111
▼ 5.8%
2010
20062010
Staff (FTE)
no figure
2010
20062010
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20062007200820092010
Operating result€12,810--€27,128-€12,619▲ 53.5%-€3,365▲ 73.3%-€1,645▲ 51.1%
Net result€7,906--€48,682-€16,175▲ 66.8%-€4,860▲ 70.0%-€2,155▲ 55.7%
Equity€106,984-€58,301▼ 45.5%€42,127▼ 27.7%€37,267▼ 11.5%€35,111▼ 5.8%
Total assets€228,135-€86,732▼ 62.0%€59,169▼ 31.8%€45,117▼ 23.7%€46,649▲ 3.4%
Debt€121,151-€28,431▼ 76.5%€17,042▼ 40.1%€7,851▼ 53.9%€11,538▲ 47.0%
Working capital€84,830-€43,936▼ 48.2%€49,084▲ 11.7%€37,267▼ 24.1%€35,111▼ 5.8%
Staff (FTE)1-0.9▼ 10.0%
The operating result for 2010 is a loss of €1,645, smaller than the loss of €3,365 in 2009.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Equity and liabilities €46,649
Equity
€35,111 ▼ 5.8%
Debt
€11,538 ▲ 47.0%
Debt's share of the balance-sheet total rises from 17.4% to 24.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
4.04▼
2009 · 5.75
ROE
-6.1%▲
2009 · -13.0%
ROA
-4.6%▲
2009 · -10.8%
Debt ≤ 1 year
€11,538▲
2009 · €7,851
Income taxes
€510▲
2009 · €356
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,113 | €12,308 | €8,250 | - | - | - |
| Gross operating margin9900 | €55,997 | €17,662 | -€4,140 | -€3,210 | -€1,533 | ▲ 52.3% |
| Operating profit (loss)9901 | €12,810 | -€27,128 | -€12,619 | -€3,365 | -€1,645 | ▲ 51.1% |
| Recurring financial income75 | €1,610 | €1,707 | €29 | €2 | €1 | ▼ 48.9% |
| Recurring financial charges65 | €1,311 | €1,694 | €832 | €1,141 | €1 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | €13,109 | -€30,975 | -€16,368 | -€4,504 | -€1,645 | ▲ 63.5% |
| Income taxes67/77 | €5,204 | €17,708 | -€194 | €356 | €510 | ▲ 43.3% |
| Profit (loss) for the period9904 | €7,906 | -€48,682 | -€16,175 | -€4,860 | -€2,155 | ▲ 55.7% |
| Profit (loss) for the period to be appropriated9905 | €5,611 | -€48,682 | -€16,175 | -€4,860 | -€2,155 | ▲ 55.7% |
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €228,135 | €86,732 | €59,169 | €45,117 | €46,649 | ▲ 3.4% |
| Fixed assets21/28 | €44,105 | €27,957 | - | - | - | - |
| Tangible fixed assets22/27 | €44,105 | €27,192 | - | - | - | - |
| Financial fixed assets28 | - | €765 | - | - | - | - |
| Current assets29/58 | €184,029 | €58,775 | €59,169 | €45,117 | €46,649 | ▲ 3.4% |
| Amounts receivable within one year40/41 | €131,024 | €47,513 | €56,410 | €43,072 | €44,512 | ▲ 3.3% |
| Cash at bank and in hand54/58 | €50,394 | €9,233 | €2,025 | €2,046 | €2,138 | ▲ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €228,135 | €86,732 | €59,169 | €45,117 | €46,649 | ▲ 3.4% |
| Equity10/15 | €106,984 | €58,301 | €42,127 | €37,267 | €35,111 | ▼ 5.8% |
| Contributions10/11 | €15,454 | €15,454 | €15,454 | €15,454 | €15,454 | = |
| Reserves13 | €4,154 | €4,154 | €4,154 | €4,154 | €4,154 | = |
| Profit (loss) carried forward14 | €87,376 | €38,694 | €22,520 | €17,659 | €15,504 | ▼ 12.2% |
| Amounts payable17/49 | €121,151 | €28,431 | €17,042 | €7,851 | €11,538 | ▲ 47.0% |
| Amounts payable after more than one year17 | €21,951 | €13,592 | €6,957 | - | - | - |
| Amounts payable within one year42/48 | €99,199 | €14,839 | €10,085 | €7,851 | €11,538 | ▲ 47.0% |
| Trade debts44 | €76,611 | - | - | - | - | - |
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,906 | -€48,682 | -€16,175 | -€4,860 | -€2,155 | ▲ 55.7% |
| + Depreciation and write-downs630 | €15,113 | €12,308 | €8,250 | - | - | - |
| Operating cash flow (approximation) | €23,018 | -€36,374 | -€7,925 | -€4,860 | -€2,155 | ▲ 55.7% |
| Investment in fixed assets (approximation) | - | €3,840 | - | - | - | - |
| Change in cash | - | -€41,161 | -€7,209 | €21 | €92 | ▲ 341% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-05-2010 | abbreviated format | 23-12-2010 | 2010-64300209 | |
| 31-05-2009 | abbreviated format | 30-11-2009 | 2009-86900258 | |
| 31-05-2008 | abbreviated format | 14-01-2009 | 2009-01100389 | |
| 31-05-2007 | abbreviated format | 28-11-2007 | 2007-81200259 | |
| 31-05-2006 | abbreviated format | 28-11-2007 | 2007-81200258 | |
| 31-05-2005 | abbreviated format | 28-11-2007 | 2007-81200254 | |
| 31-05-2004 | abbreviated format | 30-11-2004 | 2004-81800914 | |
| 31-05-2003 | abbreviated format | 08-01-2004 | 2004-00602921 | |
| 31-05-2002 | abbreviated format | 04-12-2002 | 2002-75103081 | |
| 31-05-2001 | abbreviated format | 11-12-2001 | 2001-75405235 |