DE MANEVINKE
Dissolution or liquidationFinancials · financial year 2010, abbreviated format
Turnover
€1.3m
Total assets
€1.1m▲ 7.1%
2009 · €1.0m
Net result
€199,922▼ 3.1%
2009 · €206,287
Working capital
-€183,756▲ 42.2%
2009 · -€318,088
Trend over the years
2006 to 2010, 5 financial years 2006 to 2010, 5 financial years
The operating result turns negative in 2010: a loss of €388,739 after €214,211 in 2009, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.4m
2010
Net result€0.2m
2010
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2010
Equity€0.6m
2010
Debt€0.5m
2010
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2010
Average staff in full-time equivalents (FTE).
Staff (FTE)23.3
2010
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20062007200820092010
Turnover€1.3m-
Operating result€0.04m€0.2m▲ 238%€0.2m▲ 42.3%-€0.4m
Net result€0.03m€0.1m▲ 332%€0.2m▲ 48.1%€0.2m▼ 3.1%
Equity€0.07m€0.2m▲ 198%€0.4m▲ 98.4%€0.6m▲ 48.1%
Total assets€0.3m-€1.0m▲ 224%€1.0m▼ 3.6%€1.0m▲ 1.7%€1.1m▲ 7.1%
Debt€0.3m-€1.0m▲ 242%€0.8m▼ 18.3%€0.6m▼ 24.2%€0.5m▼ 21.5%
Working capital-€0.01m--€0.5m▼ 4,269%-€0.5m▲ 14.0%-€0.3m▲ 30.4%-€0.2m▲ 42.2%
Staff (FTE)20.5-21.3▲ 3.9%21.2▼ 0.5%22.2▲ 4.7%23.3▲ 5.0%
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €1.1m
Fixed assets
€799,554 ▼ 5.7%
Current assets
€283,272 ▲ 73.3%
Equity and liabilities €1.1m
Equity
€615,798 ▲ 48.1%
Debt
€467,029 ▼ 21.5%
Debt's share of the balance-sheet total falls from 58.9% to 43.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.61▲
2009 · 0.34
ROE
32.5%▼
2009 · 49.6%
ROA
18.5%▼
2009 · 20.4%
Debt ≤ 1 year
€467,029▼
2009 · €481,568
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 |
|---|---|---|---|---|---|---|
| Turnover70 | €1.3m | - | - | - | - | - |
| Membership fees, donations, legacies and grants73 | €0.1m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0.6m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.02m | €0.01m | €0.01m | - | - |
| Gross operating margin9900 | - | €0.8m | €0.9m | €1.1m | €0.5m | ▼ 54.4% |
| Operating profit (loss)9901 | - | €0.04m | €0.2m | €0.2m | -€0.4m | - |
| Recurring financial income75 | - | €143 | €0.002m | €0.004m | €47 | ▼ 98.7% |
| Recurring financial charges65 | - | €0.01m | €0.02m | €0.01m | €0.01m | ▲ 24.1% |
| Profit (loss) for the period before taxes9903 | - | €0.03m | €0.1m | €0.2m | -€0.4m | - |
| Profit (loss) for the period9904 | - | €0.03m | €0.1m | €0.2m | €0.2m | ▼ 3.1% |
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.3m | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 7.1% |
| Fixed assets21/28 | €0.07m | €0.9m | €0.8m | €0.8m | €0.8m | ▼ 5.7% |
| Intangible fixed assets21 | €0.02m | €0.02m | €0.02m | €0.02m | - | - |
| Tangible fixed assets22/27 | €0.04m | €0.03m | €0.03m | €0.03m | - | - |
| Plant, machinery and equipment23 | €0.01m | - | - | - | - | - |
| Furniture and vehicles24 | €0.03m | - | - | - | - | - |
| Leasing and similar rights25 | €0.002m | - | - | - | - | - |
| Financial fixed assets28 | - | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Current assets29/58 | €0.3m | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 73.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 74.4% |
| Trade receivables40 | €0.2m | - | - | - | - | - |
| Other amounts receivable41 | €0.07m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.05m | €30 | €0.001m | - | - |
| Deferred charges and accrued income490/1 | €0.003m | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.3m | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 7.1% |
| Equity10/15 | - | €0.07m | €0.2m | €0.4m | €0.6m | ▲ 48.1% |
| Profit (loss) carried forward14 | - | €0.07m | €0.2m | €0.4m | €0.6m | ▲ 48.1% |
| Amounts payable17/49 | €0.3m | €1.0m | €0.8m | €0.6m | €0.5m | ▼ 21.5% |
| Amounts payable after more than one year17 | €0.002m | €0.2m | €0.2m | €0.1m | - | - |
| Financial debts170/4 | €0.002m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.7m | €0.6m | €0.5m | €0.5m | ▼ 3.0% |
| Current portion of amounts payable after more than one year42 | €498 | - | - | - | - | - |
| Financial debts43 | €0.03m | - | - | - | - | - |
| Credit institutions430/8 | €0.03m | - | - | - | - | - |
| Trade debts44 | €0.05m | €0.05m | €0.1m | €0.04m | €0.05m | ▲ 30.0% |
| Suppliers440/4 | €0.05m | - | - | - | - | - |
| Taxes, remuneration and social security45 | €0.1m | - | - | - | - | - |
| Taxes450/3 | €0.01m | - | - | - | - | - |
| Remuneration and social security454/9 | €0.1m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €0.01m | - | - | - | - | - |
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €32,239 | €139,293 | €206,287 | €199,922 | ▼ 3.1% |
| + Depreciation and write-downs630 | - | €15,297 | €12,068 | €14,616 | - | - |
| Operating cash flow (approximation) | - | €47,536 | €151,360 | €220,903 | €199,922 | ▼ 9.5% |
| Investment in fixed assets (approximation) | - | -€804,355 | -€2,987 | -€16,279 | €47,964 | - |
| Change in cash | - | €19,079 | -€46,654 | €1,063 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2010 | abbreviated format | 12-12-2011 | 2011-63200598 |
| 31-12-2009 | abbreviated format | 24-11-2010 | 2010-61300067 |
| 31-12-2008 | abbreviated format | 30-09-2009 | 2009-80400069 |
| 31-12-2007 | abbreviated format | 29-09-2008 | 2008-76400330 |
| 31-12-2006 | abbreviated format | 26-09-2007 | 2007-75100230 |
| 31-12-2005 | abbreviated format | 29-08-2006 | 2006-67900143 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.