C.H. CONSTRUCT
Open bankruptcyFinancials · financial year 2011, full format
Annual accounts 2011 filed on 30-08-2012 PDF all 14 filings
Turnover
€150,940▼ 13.3%
2010 · €174,014
EBIT margin
2.1%▲ 27.9pp
2010 · -25.8%
Net result
€17,307
2010 · -€59,100
Working capital
€26,016▼ 78.2%
2010 · €119,608
Multi-year overview
2007 to 2011, 5 financial yearsTurnover
€150,940
▼ 13.3%
2011
20072011
Operating result
€3,139
2011
20072011
Net result
€17,307
2011
20072011
EBIT margin
2.1%
▲ 27.9pp
2011
20072011
Equity
€53,767
▲ 47.5%
2011
20072011
Total assets
€322,011
▼ 14.2%
2011
20072011
Debt
€268,244
▼ 20.8%
2011
20072011
Working capital
€26,016
▼ 78.2%
2011
20072011
Staff (FTE)
0.2
▼ 94.6%
2011
20072011
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008200920102011
Turnover€335,628-€481,329▲ 43.4%€551,663▲ 14.6%€174,014▼ 68.5%€150,940▼ 13.3%
Operating result€29,167-€6,062▼ 79.2%€17,109▲ 182%-€44,978€3,139
Net result€5,220-€7,347▲ 40.7%€312▼ 95.8%-€59,100€17,307
EBIT margin8.7%-1.3%▼ 7.4pp3.1%▲ 1.8pp-25.8%▼ 28.9pp2.1%▲ 27.9pp
Equity€87,901-€95,248▲ 8.4%€95,560▲ 0.3%€36,460▼ 61.8%€53,767▲ 47.5%
Total assets€366,329-€509,153▲ 39.0%€445,533▼ 12.5%€375,281▼ 15.8%€322,011▼ 14.2%
Debt€278,428-€413,905▲ 48.7%€349,973▼ 15.4%€338,821▼ 3.2%€268,244▼ 20.8%
Working capital€87,200-€148,308▲ 70.1%€183,082▲ 23.4%€119,608▼ 34.7%€26,016▼ 78.2%
Staff (FTE)3-5.8▲ 93.3%10.4▲ 79.3%3.7▼ 64.4%0.2▼ 94.6%
The operating result for 2011 is a profit of €3,139, after a loss of €44,978 in 2010.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €322,011
Fixed assets
€27,751 ▼ 71.5%
Current assets
€294,260 ▲ 5.8%
Equity and liabilities €322,011
Equity
€53,767 ▲ 47.5%
Debt
€268,244 ▼ 20.8%
Debt's share of the balance-sheet total falls from 90.3% to 83.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,330▲
2010 · -€26,422
Cash flow
€29,498▲
2010 · -€40,544
Current ratio
1.10▼
2010 · 1.76
ROE
32.2%▲
2010 · -162.1%
ROA
5.4%▲
2010 · -15.7%
Debt ≤ 1 year
€268,244▲
2010 · €158,404
Customer credit
711 days▲
2010 · 553 days
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 |
|---|---|---|---|---|---|---|
| Turnover70 | €335,628 | €481,329 | €551,663 | €174,014 | €150,940 | ▼ 13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,491 | €19,042 | €18,859 | €18,556 | €12,191 | ▼ 34.3% |
| Gross operating margin9900 | €93,296 | €85,866 | €111,095 | €11,936 | €28,700 | ▲ 140% |
| Operating profit (loss)9901 | €29,167 | €6,062 | €17,109 | -€44,978 | €3,139 | - |
| Recurring financial income75 | €229 | €214 | - | - | - | - |
| Recurring financial charges65 | €13,461 | €12,032 | €12,005 | €12,949 | €9,565 | ▼ 26.1% |
| Profit (loss) for the period before taxes9903 | €7,754 | €9,029 | €403 | -€58,647 | €17,307 | - |
| Income taxes67/77 | €2,534 | €1,682 | €91 | €453 | - | - |
| Profit (loss) for the period9904 | €5,220 | €7,347 | €312 | -€59,100 | €17,307 | - |
| Profit (loss) for the period to be appropriated9905 | €5,220 | €7,347 | €312 | -€59,100 | €17,307 | - |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €366,329 | €509,153 | €445,533 | €375,281 | €322,011 | ▼ 14.2% |
| Fixed assets21/28 | €187,902 | €120,276 | €112,773 | €97,269 | €27,751 | ▼ 71.5% |
| Tangible fixed assets22/27 | €187,833 | €120,207 | €112,704 | €97,200 | €27,682 | ▼ 71.5% |
| Financial fixed assets28 | €69 | €69 | €69 | €69 | €69 | = |
| Current assets29/58 | €178,427 | €388,877 | €332,760 | €278,012 | €294,260 | ▲ 5.8% |
| Stocks and contracts in progress3 | €645 | €645 | €645 | €814 | - | - |
| Amounts receivable within one year40/41 | €156,939 | €352,801 | €270,271 | €263,467 | €294,067 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €20,843 | €35,431 | €48,331 | €13,565 | €44 | ▼ 99.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €366,329 | €509,153 | €445,533 | €375,281 | €322,011 | ▼ 14.2% |
| Equity10/15 | €87,901 | €95,248 | €95,560 | €36,460 | €53,767 | ▲ 47.5% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €60,401 | €67,748 | €68,060 | €8,960 | €26,267 | ▲ 193% |
| Amounts payable17/49 | €278,428 | €413,905 | €349,973 | €338,821 | €268,244 | ▼ 20.8% |
| Amounts payable after more than one year17 | €187,201 | €172,557 | €200,295 | €180,417 | - | - |
| Amounts payable within one year42/48 | €91,227 | €240,569 | €149,678 | €158,404 | €268,244 | ▲ 69.3% |
| Trade debts44 | €46,717 | €215,898 | €122,476 | €133,302 | €194,684 | ▲ 46.0% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,220 | €7,347 | €312 | -€59,100 | €17,307 | - |
| + Depreciation and write-downs630 | €29,491 | €19,042 | €18,859 | €18,556 | €12,191 | ▼ 34.3% |
| Operating cash flow (approximation) | €34,711 | €26,389 | €19,171 | -€40,544 | €29,498 | - |
| Investment in fixed assets (approximation) | - | €48,584 | -€11,356 | -€3,052 | €57,327 | - |
| Change in cash | - | €14,588 | €12,900 | -€34,766 | -€13,521 | ▲ 61.1% |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2011 | full format | 30-08-2012 | 2012-49400203 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-48800247 | |
| 31-12-2009 | full format | 31-07-2010 | 2010-37900082 | |
| 31-12-2008 | full format | 12-08-2009 | 2009-57200120 | |
| 31-12-2007 | full format | 20-07-2008 | 2008-44200279 | |
| 31-12-2006 | full format | 24-07-2007 | 2007-46800186 | |
| 31-12-2005 | full format | 31-07-2006 | 2006-59503675 | |
| 31-12-2004 | full format | 19-08-2005 | 2005-65001764 | |
| 31-12-2003 | full format | 15-07-2004 | 2004-46601310 | |
| 31-12-2002 | full format | 09-07-2003 | 2003-42400629 |