DIFFULEC
Open bankruptcyFinancials · fiscal year 2011, full schema
Turnover
€1.1m▼ 4.9%
2010 · €1.1m
EBIT margin
2.3%▲ 0.1pp
2010 · 2.3%
Net result
€7,808▲ 180%
2010 · €2,789
Working capital
€134,523▲ 10.7%
2010 · €121,497
Trend over the years
2007 to 2011, 5 fiscal years 2007 to 2011, 5 fiscal years
The operating result falls in 2011; 2011 is 2% below 2010.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€1.1m
2011
Operating result€0.02m
2011
Net result€0.008m
2011
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.3m
2011
Equity€0.06m
2011
Debt€0.2m
2011
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2011
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin2.3%
2011
Average staff in full-time equivalents (FTE).
Staff (FTE)1.3
2011
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20072008200920102011
Turnover€1.1m-€1.2m▲ 1.1%€1.1m▼ 2.6%€1.1m▼ 1.5%€1.1m▼ 4.9%
Operating result€0.04m-€0.02m▼ 50.8%€0.01m▼ 19.0%€0.02m▲ 68.1%€0.02m▼ 1.6%
Net result€0.002m-€0.004m▲ 49.4%€0.004m▲ 23.4%€0.003m▼ 37.2%€0.008m▲ 180%
EBIT margin3.3%-1.6%▼ 1.7pp1.3%▼ 0.3pp2.3%▲ 0.9pp2.3%▲ 0.1pp
Equity-€0.1m--€0.1m▲ 3.6%€0.05m€0.05m▲ 6.0%€0.06m▲ 15.8%
Total assets€0.2m-€0.3m▲ 60.8%€0.3m▼ 12.8%€0.2m▼ 16.0%€0.3m▲ 18.2%
Debt€0.3m-€0.4m▲ 38.0%€0.2m▼ 46.2%€0.2m▼ 20.8%€0.2m▲ 13.2%
Working capital-€0.02m-€0.2m€0.1m▼ 37.9%€0.1m▲ 14.7%€0.1m▲ 10.7%
Staff (FTE)1.5-1.4▼ 6.7%0.4▼ 71.4%0.8▲ 100%1.3▲ 62.5%
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €255,073
Fixed assets
€18,652 ▼ 16.0%
Current assets
€236,422 ▲ 22.1%
Equity and liabilities €255,073
Equity
€57,185 ▲ 15.8%
Provisions
€9,500
Debt
€188,388 ▲ 13.2%
Debt's share of the balance-sheet total falls from 77.1% to 73.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,663▼
2010 · €48,122
Cash flow
€22,886▼
2010 · €25,935
Current ratio
2.32▼
2010 · 2.69
Debt to equity
1.51▼
2010 · 1.91
ROE
13.7%▲
2010 · 5.6%
ROA
3.1%▲
2010 · 1.3%
Debt ≤ 1 year
€101,898▲
2010 · €72,091
Debt > 1 year
€86,490▼
2010 · €94,333
Income taxes
€9,925▲
2010 · €6,000
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 | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 34.9% |
| Gross operating margin9900 | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | ▼ 2.2% |
| Operating profit (loss)9901 | €0.04m | €0.02m | €0.01m | €0.02m | €0.02m | ▼ 1.6% |
| Recurring financial income75 | €16 | €15 | €200 | €37 | €192 | ▲ 418% |
| Recurring financial charges65 | €0.03m | €0.01m | €0.01m | €0.02m | €0.006m | ▼ 60.1% |
| Profit (loss) for the period before taxes9903 | €0.01m | €0.009m | €0.006m | €0.009m | €0.02m | ▲ 102% |
| Income taxes67/77 | €0.01m | €0.005m | €0.001m | €0.006m | €0.01m | ▲ 65.4% |
| Profit (loss) for the period9904 | €0.002m | €0.004m | €0.004m | €0.003m | €0.008m | ▲ 180% |
| Profit (loss) for the period to be appropriated9905 | €0.002m | €0.004m | €0.004m | €0.003m | €0.008m | ▲ 180% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €183,151 | €294,506 | €256,850 | €215,801 | €255,073 | ▲ 18.2% |
| Fixed assets21/28 | €37,978 | €30,269 | €43,089 | €22,213 | €18,652 | ▼ 16.0% |
| Tangible fixed assets22/27 | €37,877 | €30,167 | €42,988 | €22,112 | €18,493 | ▼ 16.4% |
| Financial fixed assets28 | €101 | €101 | €101 | €101 | €159 | ▲ 57.0% |
| Current assets29/58 | €145,173 | €264,238 | €213,761 | €193,588 | €236,422 | ▲ 22.1% |
| Amounts receivable within one year40/41 | €95,145 | €226,383 | €179,314 | €154,664 | €208,687 | ▲ 34.9% |
| Cash at bank and in hand54/58 | €42,626 | €22,722 | €12,757 | €16,978 | €27,634 | ▲ 62.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €183,151 | €294,506 | €256,850 | €215,801 | €255,073 | ▲ 18.2% |
| Equity10/15 | -€100,243 | -€96,643 | €46,588 | €49,377 | €57,185 | ▲ 15.8% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Profit (loss) carried forward14 | -€131,230 | -€127,630 | €15,601 | €18,390 | €26,198 | ▲ 42.5% |
| Provisions and deferred taxes16 | - | - | - | - | €9,500 | - |
| Amounts payable17/49 | €283,394 | €391,149 | €210,263 | €166,424 | €188,388 | ▲ 13.2% |
| Amounts payable after more than one year17 | €114,617 | €297,394 | €102,398 | €94,333 | €86,490 | ▼ 8.3% |
| Amounts payable within one year42/48 | €168,777 | €93,755 | €107,865 | €72,091 | €101,898 | ▲ 41.3% |
| Trade debts44 | €115,575 | €51,209 | €23,006 | €13,079 | €47,052 | ▲ 260% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,410 | €3,599 | €4,441 | €2,789 | €7,808 | ▲ 180% |
| + Depreciation and write-downs630 | €33,144 | €20,710 | €26,239 | €23,145 | €15,078 | ▼ 34.9% |
| Operating cash flow (approximation) | €35,553 | €24,309 | €30,681 | €25,935 | €22,886 | ▼ 11.8% |
| Investment in fixed assets (approximation) | - | -€13,000 | -€39,060 | -€2,270 | -€11,516 | ▼ 407% |
| Change in cash | - | -€19,904 | -€9,965 | €4,221 | €10,656 | ▲ 152% |
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
ULX COMPANY
BE 0713.709.271
Kapellen · Eq €57,154
Vervoer Vanderpooten
BE 0407.648.834
Beersel · Eq €57,267
EASTERN BOAT INTERNATIONAL
BE 0606.985.319
Zaventem · Eq €57,091
Hari-Transport
BE 0669.627.622
Merchtem · Eq €57,070
ILTO-TRANS
BE 0820.485.089
Wevelgem · Eq €57,346
Of 4,968 companies in this sector we hold annual accounts for 1,338. 1,102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector