Devan
Open bankruptcyFinancials · financial year 2008, abbreviated format
Equity
€47,284▲ 1.0%
2007 · €46,831
Total assets
€559,029▲ 22.9%
2007 · €454,708
Net result
€453
2007 · -€5,289
Working capital
€8,887▼ 88.2%
2007 · €75,324
Trend over the years
2007 to 2008, 2 financial years 2007 to 2008, 2 financial years
The operating result falls in 2008; 2008 is 40% below 2007.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€27,170
2008
Net result€453
2008
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€559,029
2008
Equity€47,284
2008
Debt€511,745
2008
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8,887
2008
Average staff in full-time equivalents (FTE).
Staff (FTE)10
2008
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008
Operating result€45,640-€27,170▼ 40.5%
Net result-€5,289-€453
Equity€46,831-€47,284▲ 1.0%
Total assets€454,708-€559,029▲ 22.9%
Debt€407,877-€511,745▲ 25.5%
Working capital€75,324-€8,887▼ 88.2%
Staff (FTE)8.6-10▲ 16.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €559,029
Fixed assets
€128,853 ▲ 6.1%
Current assets
€430,176 ▲ 29.1%
Equity and liabilities €559,029
Equity
€47,284 ▲ 1.0%
Debt
€511,745 ▲ 25.5%
Debt's share of the balance-sheet total rises from 89.7% to 91.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70,646▼
2007 · €81,029
Cash flow
€43,929▲
2007 · €30,101
Current ratio
1.02▼
2007 · 1.29
Quick ratio
0.97▼
2007 · 1.21
Debt to equity
1.87▼
2007 · 2.28
ROE
1.0%▲
2007 · -11.3%
ROA
0.1%▲
2007 · -1.2%
Debt ≤ 1 year
€421,289▲
2007 · €257,995
Debt > 1 year
€88,606▼
2007 · €106,818
Income taxes
€11,110▼
2007 · €28,859
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,389 | €43,476 | ▲ 22.9% |
| Gross operating margin9900 | €361,708 | €430,943 | ▲ 19.1% |
| Operating profit (loss)9901 | €45,640 | €27,170 | ▼ 40.5% |
| Recurring financial income75 | €850 | €7,663 | ▲ 801% |
| Recurring financial charges65 | €10,076 | €52,151 | ▲ 418% |
| Profit (loss) for the period before taxes9903 | €23,571 | €11,562 | ▼ 50.9% |
| Income taxes67/77 | €28,859 | €11,110 | ▼ 61.5% |
| Profit (loss) for the period9904 | -€5,289 | €453 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | -€5,289 | €453 | ▲ 109% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €454,708 | €559,029 | ▲ 22.9% |
| Fixed assets21/28 | €121,389 | €128,853 | ▲ 6.1% |
| Intangible fixed assets21 | €19,781 | €14,498 | ▼ 26.7% |
| Tangible fixed assets22/27 | €89,488 | €99,445 | ▲ 11.1% |
| Financial fixed assets28 | €12,120 | €14,910 | ▲ 23.0% |
| Current assets29/58 | €333,319 | €430,176 | ▲ 29.1% |
| Stocks and contracts in progress3 | €21,750 | €21,750 | = |
| Amounts receivable within one year40/41 | €264,454 | €395,516 | ▲ 49.6% |
| Cash at bank and in hand54/58 | €47,115 | €5,645 | ▼ 88.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €454,708 | €559,029 | ▲ 22.9% |
| Equity10/15 | €46,831 | €47,284 | ▲ 1.0% |
| Contributions10/11 | €18,592 | €18,600 | = |
| Reserves13 | - | €23 | - |
| Profit (loss) carried forward14 | €28,239 | €28,661 | ▲ 1.5% |
| Amounts payable17/49 | €407,877 | €511,745 | ▲ 25.5% |
| Amounts payable after more than one year17 | €106,818 | €88,606 | ▼ 17.0% |
| Amounts payable within one year42/48 | €257,995 | €421,289 | ▲ 63.3% |
| Trade debts44 | €142,175 | €85,849 | ▼ 39.6% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€5,289 | €453 | ▲ 109% |
| + Depreciation and write-downs630 | €35,389 | €43,476 | ▲ 22.9% |
| Operating cash flow (approximation) | €30,101 | €43,929 | ▲ 45.9% |
| Investment in fixed assets (approximation) | - | -€50,940 | - |
| Change in cash | - | -€41,469 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
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Of the 7,358 companies in this sector, figures are known for 2,416. 2,037 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
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