Financials · financial year 2012, full format
Annual accounts 2012 filed on 01-07-2013 PDF all 4 filings
Turnover
≈ €55,000
Estimated: probably between €23,000 and €140,000
EBIT margin
Not included in this filing
Net result
€1,456
2011 · -€3,877
Working capital
€6,410▲ 66.8%
2011 · €3,842
Trend over the years
2009 to 2012, 4 financial years
The operating result for 2012 is a profit of €6,072, after a loss of €3,195 in 2011.
Operating result€6,072
2012
Net result€1,456
2012
Total assets€26,441
2012
Equity€6,517
2012
Debt€19,924
2012
Working capital€6,410
2012
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2009201020112012
Operating result€20,805-€1,727▼ 91.7%-€3,195€6,072
Net result€7,841-€97▼ 98.8%-€3,877€1,456
Equity€8,841-€8,938▲ 1.1%€5,061▼ 43.4%€6,517▲ 28.8%
Total assets€26,021-€30,774▲ 18.3%€19,263▼ 37.4%€26,441▲ 37.3%
Debt€17,180-€21,836▲ 27.1%€14,202▼ 35.0%€19,924▲ 40.3%
Working capital€5,783-€7,103▲ 22.8%€3,842▼ 45.9%€6,410▲ 66.8%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €26,441
Fixed assets
€107 ▼ 91.2%
Current assets
€26,334 ▲ 45.9%
Equity and liabilities €26,441
Equity
€6,517 ▲ 28.8%
Debt
€19,924 ▲ 40.3%
Debt's share of the balance-sheet total rises from 73.7% to 75.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,184▲
2011 · -€2,579
Cash flow
€2,568▲
2011 · -€3,261
Current ratio
1.32▲
2011 · 1.27
ROE
22.3%▲
2011 · -76.6%
ROA
5.5%▲
2011 · -20.1%
Debt ≤ 1 year
€19,924▲
2011 · €14,202
Income taxes
€836▲
2011 · -€300
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,675 | €1,223 | €616 | €1,112 | ▲ 80.5% |
| Gross operating margin9900 | €27,930 | €4,536 | -€444 | €8,116 | - |
| Operating profit (loss)9901 | €20,805 | €1,727 | -€3,195 | €6,072 | - |
| Recurring financial income75 | - | €4 | €446 | €1 | ▼ 99.8% |
| Recurring financial charges65 | €1,094 | €1,243 | €1,428 | €3,781 | ▲ 165% |
| Profit (loss) for the period before taxes9903 | €12,097 | €488 | -€4,177 | €2,292 | - |
| Income taxes67/77 | €4,256 | €391 | -€300 | €836 | - |
| Profit (loss) for the period9904 | €7,841 | €97 | -€3,877 | €1,456 | - |
| Profit (loss) for the period to be appropriated9905 | €7,841 | €97 | -€3,877 | €1,456 | - |
| Line | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €26,021 | €30,774 | €19,263 | €26,441 | ▲ 37.3% |
| Fixed assets21/28 | €3,058 | €1,835 | €1,219 | €107 | ▼ 91.2% |
| Intangible fixed assets21 | €2,320 | €1,392 | €835 | - | - |
| Tangible fixed assets22/27 | €738 | €443 | €384 | €107 | ▼ 72.1% |
| Current assets29/58 | €22,963 | €28,939 | €18,044 | €26,334 | ▲ 45.9% |
| Amounts receivable within one year40/41 | €13,759 | €13,083 | €16,982 | €23,740 | ▲ 39.8% |
| Cash at bank and in hand54/58 | €3,017 | €9,751 | €188 | €112 | ▼ 40.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €26,021 | €30,774 | €19,263 | €26,441 | ▲ 37.3% |
| Equity10/15 | €8,841 | €8,938 | €5,061 | €6,517 | ▲ 28.8% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €100 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €7,741 | €7,838 | €3,961 | €5,417 | ▲ 36.8% |
| Amounts payable17/49 | €17,180 | €21,836 | €14,202 | €19,924 | ▲ 40.3% |
| Amounts payable within one year42/48 | €17,180 | €21,836 | €14,202 | €19,924 | ▲ 40.3% |
| Trade debts44 | €4,434 | €5,962 | €2,134 | - | - |
| Line | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,841 | €97 | -€3,877 | €1,456 | - |
| + Depreciation and write-downs630 | €2,675 | €1,223 | €616 | €1,112 | ▲ 80.5% |
| Operating cash flow (approximation) | €10,516 | €1,320 | -€3,261 | €2,568 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €6,734 | -€9,563 | -€76 | ▲ 99.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.