BEANS
InactiveFinancials · financial year 2011, abbreviated format
Annual accounts 2011 filed on 27-09-2012 PDF all 7 filings
Turnover
≈ €210,000
Estimated: probably between €130,000 and €400,000
Total assets
€83,769▲ 124%
2010 · €37,406
Net result
€69,880
2010 · -€73,083
Working capital
-€69,645▲ 43.0%
2010 · -€122,235
Multi-year overview
2007 to 2011, 5 financial yearsOperating result
€74,734
2011
20072011
Net result
€69,880
2011
20072011
Equity
-€107,498
▲ 39.4%
2011
20072011
Total assets
€83,769
▲ 124%
2011
20072011
Debt
€191,267
▼ 10.9%
2011
20072011
Working capital
-€69,645
▲ 43.0%
2011
20072011
Staff (FTE)
no figure
2011
20072011
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008200920102011
Operating result-€44,494--€38,172▲ 14.2%-€84,546▼ 121%-€47,149▲ 44.2%€74,734
Net result-€47,018--€50,711▼ 7.9%-€88,906▼ 75.3%-€73,083▲ 17.8%€69,880
Equity-€39,677--€90,388▼ 128%-€104,295▼ 15.4%-€177,377▼ 70.1%-€107,498▲ 39.4%
Total assets€118,285-€181,992▲ 53.9%€131,607▼ 27.7%€37,406▼ 71.6%€83,769▲ 124%
Debt€157,963-€272,380▲ 72.4%€235,902▼ 13.4%€214,784▼ 9.0%€191,267▼ 10.9%
Working capital-€59,877--€130,806▼ 118%-€137,802▼ 5.3%-€122,235▲ 11.3%-€69,645▲ 43.0%
Staff (FTE)0.4-0.4=0.4=0.4=
The operating result for 2011 is a profit of €74,734, after a loss of €47,149 in 2010. It is the highest result since 2007.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Solvency
-128.3%▲
2010 · -474.2%
Current ratio
0.55▲
2010 · 0.23
ROA
83.4%▲
2010 · -195.4%
Debt ≤ 1 year
€153,414▼
2010 · €159,641
Debt > 1 year
€36,470▼
2010 · €53,760
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,957 | €19,255 | €19,179 | - | - | - |
| Gross operating margin9900 | -€18,173 | €38,566 | €38,393 | -€18,391 | €74,734 | - |
| Operating profit (loss)9901 | -€44,494 | -€38,172 | -€84,546 | -€47,149 | €74,734 | - |
| Recurring financial income75 | €189 | €78 | €2 | - | - | - |
| Recurring financial charges65 | €2,708 | €12,018 | €7,168 | €5,962 | €4,854 | ▼ 18.6% |
| Profit (loss) for the period before taxes9903 | -€47,013 | -€50,711 | -€88,906 | -€73,083 | €69,880 | - |
| Income taxes67/77 | €6 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€47,018 | -€50,711 | -€88,906 | -€73,083 | €69,880 | - |
| Profit (loss) for the period to be appropriated9905 | -€47,018 | -€50,711 | -€88,906 | -€73,083 | €69,880 | - |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,285 | €181,992 | €131,607 | €37,406 | €83,769 | ▲ 124% |
| Fixed assets21/28 | €103,233 | €129,285 | €110,106 | - | - | - |
| Intangible fixed assets21 | €67,500 | €60,000 | €52,500 | - | - | - |
| Tangible fixed assets22/27 | €35,733 | €69,285 | €57,606 | - | - | - |
| Current assets29/58 | €15,053 | €52,707 | €21,501 | €37,406 | €83,769 | ▲ 124% |
| Stocks and contracts in progress3 | €1,854 | €3,500 | - | - | - | - |
| Amounts receivable within one year40/41 | €2,444 | €48,430 | €21,443 | €37,124 | €83,487 | ▲ 125% |
| Cash at bank and in hand54/58 | €10,007 | €0 | €58 | €282 | €282 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,285 | €181,992 | €131,607 | €37,406 | €83,769 | ▲ 124% |
| Equity10/15 | -€39,677 | -€90,388 | -€104,295 | -€177,377 | -€107,498 | ▲ 39.4% |
| Contributions10/11 | €6,200 | €6,200 | €81,200 | €81,200 | €81,200 | = |
| Reserves13 | €446 | €446 | €446 | €446 | €446 | = |
| Profit (loss) carried forward14 | -€46,323 | -€97,034 | -€185,941 | -€259,023 | -€189,144 | ▲ 27.0% |
| Amounts payable17/49 | €157,963 | €272,380 | €235,902 | €214,784 | €191,267 | ▼ 10.9% |
| Amounts payable after more than one year17 | €81,651 | €85,660 | €70,143 | €53,760 | €36,470 | ▼ 32.2% |
| Amounts payable within one year42/48 | €74,930 | €183,513 | €159,303 | €159,641 | €153,414 | ▼ 3.9% |
| Trade debts44 | €33,360 | €24,415 | €18,984 | - | - | - |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€47,018 | -€50,711 | -€88,906 | -€73,083 | €69,880 | - |
| + Depreciation and write-downs630 | €13,957 | €19,255 | €19,179 | - | - | - |
| Operating cash flow (approximation) | -€33,061 | -€31,455 | -€69,728 | -€73,083 | €69,880 | - |
| Investment in fixed assets (approximation) | - | -€45,308 | €0 | - | - | - |
| Change in cash | - | -€10,006 | €58 | €224 | €0 | ▼ 100% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2011 | abbreviated format | 27-09-2012 | 2012-59300358 | |
| 31-12-2010 | abbreviated format | 04-09-2012 | 2012-55800099 | |
| 31-12-2009 | abbreviated format | 16-04-2012 | 2012-08800278 | |
| 31-12-2008 | abbreviated format | 30-03-2012 | 2012-08100086 | |
| 31-12-2007 | abbreviated format | 20-01-2009 | 2009-01900308 | |
| 31-12-2006 | abbreviated format | 31-07-2007 | 2007-52100385 | |
| 31-12-2005 | abbreviated format | 31-08-2006 | 2006-76304235 |