ARCELORMITTAL LIEGE UPSTREAM
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2010.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2010. Since then, 15 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2011 close31-07-2012 deadline20-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 30-06-2011, 31 days ahead of the deadline.
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 →
Financials · fiscal year 2010, full schema, statutory
Turnover
€826.33M▲ 19.5%
2009 · €691.25M
2007: €756.81M
2008: €1.08B
2009: €691.25M
2007 → 2010
EBIT margin
2.2%▲ 2.3pp
2009 · 0.0%
2007: -6.6%
2009: 0.0%
2007 → 2010
Net result
€35.10M▲ 516%
2009 · €5.70M
2007: €-57.25M
2008: €11.67M
2009: €5.70M
2007 → 2010
Working capital
€208.04M▼ 4.1%
2009 · €216.95M
2007: €206.28M
2008: €191.94M
2009: €216.95M
2007 → 2010
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2007200820092010Trend
Turnover€756.81M-€1.08B▲ 42.3%€691.25M▼ 35.8%€826.33M▲ 19.5%
Equity€75.22M-€86.72M▲ 15.3%€92.25M▲ 6.4%€127.18M▲ 37.9%
Operating result€-49.92M-€-277k€18.54M
Net result€-57.25M-€11.67M€5.70M▼ 51.1%€35.10M▲ 516%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2010: €18.54M after a loss of €277k in 2009, the highest result in the available series.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €495.22M
Fixed assets
€74.73M▲ 6.7%
Current assets
€420.48M▲ 15.9%
Equity and liabilities €495.22M
Equity
€127.18M▲ 37.9%
Provisions
€155.46M▼ 20.1%
Debt
€212.58M▲ 45.7%
The debt ratio rises from 33.7% to 42.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28.80M▲
2009 · €10.30M
Cash flow
€45.37M▲
2009 · €16.28M
Solvency
25.7%▲
2009 · 21.3%
Current ratio
1.98▼
2009 · 2.49
Quick ratio
0.91▼
2009 · 2.00
Debt / equity
0.00▼
2009 · 0.00
ROE
27.6%▲
2009 · 6.2%
ROA
7.1%▲
2009 · 1.3%
Interest coverage
163.57▲
2009 · 13.99
Debt
€212.58M▲
2009 · €145.87M
Debt ≤ 1 year
€212.44M▲
2009 · €145.77M
Debt > 1 year
€100k=
2009 · €100k
Income taxes
€936
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2010 against 2009
Balance sheet
Code20092010
Assets
Total assets20/58€432.77M€495.22M▲
Fixed assets21/28€70.05M€74.73M▲
Tangible fixed assets22/27€66.53M€72.69M▲
Financial fixed assets28€3.51M€2.04M▼
Current assets29/58€362.72M€420.48M▲
Stocks and contracts in progress3€70.85M€227.71M▲
Amounts receivable within one year40/41€291.11M€146.51M▼
Current investments50/53€560k€565k▲
Cash at bank and in hand54/58€18k€45.69M▲
Equity and liabilities
Total equity and liabilities10/49€432.77M€495.22M▲
Equity10/15€92.25M€127.18M▲
Contributions10/11€139.68M€139.68M=
Reserves13€30.57M€30.57M=
Profit (loss) carried forward14€-89.63M€-54.53M▲
Provisions and deferred taxes16€194.65M€155.46M▼
Amounts payable17/49€145.87M€212.58M▲
Amounts payable after more than one year17€100k€100k=
Amounts payable within one year42/48€145.77M€212.44M▲
Trade debts44€100.71M€169.28M▲
Income statement
Code20092010
Turnover70€691.25M€826.33M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10.58M€10.27M▼
Operating profit (loss)9901€-277k€18.54M▲
Recurring financial income75€18.45M€5.46M▼
Recurring financial charges65€12.93M€3.07M▼
Debt charges650€737k€176k▼
Profit (loss) for the period before taxes9903€5.70M€35.10M▲
Income taxes67/77-€936
Profit (loss) for the period9904€5.70M€35.10M▲
Profit (loss) for the period to be appropriated9905€5.70M€35.10M▲
Timeline · acts, filings and financial milestones
2011
30-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
26-01
State Gazette act
General meeting · Merger
Dissolution · Registered-office move · France ANDRIS
26-01
State Gazette act
General meeting · Merger
Dissolution · Registered-office move
2010
31-12
Financial
Highest result since 2007net €35.10M ▲516%
Net result €35.10M, the highest in the series.
31-12
Financial
Equity above €100MEq €127.18M ▲37.9%
3 profitable years in a row build equity to €127.18M.
27-05
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
19-05
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
31-12
Financial
Back to profitnet €11.67M
Net result €11.67M after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
24-05
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2006
23-05
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
22-07
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
09-06
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
2003
04-06
NBB filing
Annual accounts filed
fiscal year 2002 · full schema
2002
06-12
NBB filing
Annual accounts filed
fiscal year 2001 · consolidated · 128 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 transactionTaken over by:ArcelorMittal Belgium