ECEN

Inactive KBO/BCE: BE 0460.416.141 subsidiary of GALM PARTICIPATIES NV

ECEN

Financial year 2012

Follow Report

Annual accounts 2012

full format, filed on 30-08-2013, 30 days late

€7.0m

▼ 17.6%

-€3.7m

▼ €5.4m

-8.3%

▼ 57.0 percentage points

0.92

▼ 0.59

Money flows

turnover is 46.1% of income in 2012

Balance sheet

balance sheet total €2.0m on 31-12-2012

What the company ownsHow it is paid for

in €m

Staff

€84,176

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	2.0m	10.1m	7.4m	10.8m	17.9m	12.8m	10.2m
`21/28`	-	2.6m	2.8m	2.4m	3.3m	1.0m	519,486
`21`	-	58,680	81,435	60,225	48,829	46,867	56,239
`22/27`	-	494,828	633,908	810,205	1.0m	985,565	463,247
`22`	-	464,311	539,123	620,711	710,603	773,234	328,764
`23`	-	25,464	76,484	126,593	224,592	152,732	104,030
`24`	-	5,052	18,301	38,841	70,045	59,598	30,452
`27`	-	-	-	24,060	-	-	-
`28`	-	2.1m	2.1m	1.5m	2.3m	-	-
`280/1`	-	2.1m	2.1m	1.5m	2.3m	-	-
`281`	-	2.1m	2.1m	1.5m	2.3m	-	-
`29/58`	2.0m	7.4m	4.7m	8.4m	14.6m	11.8m	9.7m
`29`	-	-	-	-	-	126,548	253,096
`290`	-	-	-	-	-	126,548	253,096
`3`	-	3.6m	2.3m	5.7m	9.0m	5.5m	3.6m
`30/36`	-	3.6m	2.3m	5.7m	9.0m	5.5m	3.6m
`30/31`	-	-	-	-	-	-	4,552
`32`	-	2.6m	1.8m	4.8m	8.3m	4.7m	2.9m
`34`	-	999,436	538,055	820,822	718,467	789,557	744,243
`40/41`	30,600	568,589	1.3m	1.0m	2.3m	3.0m	2.6m
`40`	9,276	555,196	1.1m	800,368	1.9m	2.6m	2.3m
`41`	21,324	13,393	169,356	226,209	429,969	376,472	299,346
`54/58`	2.0m	3.2m	990,432	1.7m	3.2m	3.1m	3.1m
`490/1`	-	31,307	57,557	71,232	73,277	42,988	49,742
Balance sheet: equity and liabilities
`10/49`	2.0m	10.1m	7.4m	10.8m	17.9m	12.8m	10.2m
`10/15`	-165,433	4.9m	3.6m	3.9m	3.3m	3.3m	2.4m
`10/11`	-	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m
`10`	1.1m	-	-	-	-	-	-
`100`	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m
`13`	111,600	3.8m	2.5m	2.8m	2.2m	2.2m	1.3m
`130`	111,600	111,600	111,600	111,600	111,600	111,600	110,101
`133`	-	3.7m	2.4m	2.7m	2.1m	2.1m	1.2m
`14`	-1.4m	-	-	-	-	-	-
`16`	-	258,770	376,394	5,934	3,791	-	-
`160/5`	-	258,770	376,394	5,934	3,791	-	-
`160`	-	189,697	100,370	-	-	-	-
`164/5`	-	69,074	276,025	5,934	3,791	-	-
`17/49`	2.2m	4.9m	3.4m	6.9m	14.6m	9.5m	7.8m
`17`	-	-	-	15,919	-	-	-
`170/4`	-	-	-	15,919	-	-	-
`173`	-	-	-	15,919	-	-	-
`42/48`	2.2m	4.9m	3.4m	6.9m	14.6m	9.5m	7.8m
`42`	-	-	-	172,481	-	-	-
`43`	-	-	4,170	-	-	-	-
`430/8`	-	-	4,170	-	-	-	-
`44`	1.5m	1.4m	1.3m	1.4m	2.6m	1.9m	1.8m
`440/4`	1.5m	1.4m	1.3m	1.4m	2.6m	1.9m	1.8m
`46`	-	2.9m	1.9m	5.1m	10.8m	7.3m	5.5m
`45`	675,726	601,229	223,852	237,614	443,797	354,039	498,600
`450/3`	446,931	362,236	10,047	12,857	83,338	90,093	134,141
`454/9`	228,795	238,994	213,805	224,757	360,459	263,946	364,459
`47/48`	-	-	-	-	750,000	-	-
`492/3`	-	-	-	-	125	240	118
Income statement
`70/76A`	-	9.4m	7.4m	9.4m	16.3m	13.7m	13.9m
`70`	7.0m	8.5m	10.4m	12.6m	12.6m	11.9m	14.4m
`71`	-2.6m	858,820	-3.0m	-3.5m	3.6m	1.8m	-572,782
`72`	-	-	11,862	-	-	-	-
`74`	3.0m	-	-	-	-	-	-
`76A`	-	4,599	-	-	-	-	837
`60/66A`	-	7.7m	7.8m	8.6m	15.3m	12.4m	13.3m
`60`	2.2m	2.9m	2.3m	2.9m	8.5m	6.5m	7.4m
`600/8`	1.0m	3.5m	2.1m	3.0m	8.4m	6.5m	6.8m
`609`	1.1m	-603,932	282,767	-102,355	71,090	-40,762	611,864
`61`	1.3m	2.2m	2.2m	2.6m	3.6m	3.1m	3.2m
`62`	2.9m	2.4m	2.6m	2.8m	2.9m	2.6m	2.5m
`630`	-	166,902	207,842	267,935	278,817	202,624	78,090
`631/4`	-87,560	176,386	-	-	-	-33,490	33,490
`635/8`	-	-117,624	370,461	2,142	3,791	-	-
`640/8`	25,484	44,358	51,502	34,128	34,271	63,886	27,149
`66A`	-	5,000	3,349	-	291	-	-
`9901`	-3.7m	1.7m	-334,203	787,187	1.0m	1.3m	578,068
`75/76B`	-	97,151	80,954	113,105	197,105	128,600	218,835
`75`	128,073	97,151	80,954	113,105	197,105	128,600	218,835
`750`	83,947	86,405	-	-	-	-	-
`751`	-	-	72,551	85,723	75,255	67,797	41,688
`752/9`	44,126	10,747	8,402	27,382	121,850	60,803	177,147
`65/66B`	-	52,462	41,604	46,520	57,879	55,865	39,336
`65`	30,651	52,462	41,604	46,520	57,879	55,865	39,336
`650`	16,186	13,958	20,915	21,955	20,313	10,318	8,141
`652/9`	14,465	38,505	20,689	24,566	37,566	45,547	31,196
`9903`	-5.1m	1.7m	-298,203	853,772	1.2m	1.4m	758,404
`67/77`	-	455,873	1,836	266,447	371,735	456,681	254,392
`670/3`	-	455,873	1,836	266,447	372,143	456,681	254,783
`77`	-	-	-	-	408	-	391
`9904`	-5.1m	1.3m	-300,038	587,324	782,364	918,753	504,012
`9905`	-5.1m	1.3m	-300,038	587,324	782,364	918,753	504,012
Appropriation of the result
`9906`	-5.1m	1.3m	-300,038	587,324	782,364	918,753	504,012
`791/2`	3.7m	-	300,038	-	-	-	-
`792`	3.7m	-	300,038	-	-	-	-
`691/2`	-	1.3m	-	587,324	32,364	918,753	504,012
`6920`	-	-	-	-	-	1,499	25,201
`6921`	-	1.3m	-	587,324	32,364	917,255	478,811
`694/7`	-	-	-	-	750,000	-	-
`694`	-	-	-	-	750,000	-	-
Social balance sheet
`9087`	34.1	37.2	42.8	44.3	46.3	42.7	44.3
Agency workers`1501`	-	2.7	1.4	2.3	9.5	7.4	7.1
Hours worked`1013`	-	58,777	66,639	72,165	79,625	67,126	72,703
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 49 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2012 (PDF), filed on 30-08-2013.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2012	full format	30-08-2013	2013-55900279	PDF
31-12-2011	full format	08-08-2012	2012-39900196	PDF
31-12-2010	full format	10-06-2011	2011-15800580	PDF
31-12-2009	full format	02-06-2010	2010-14600210	PDF
31-12-2008	full format	02-06-2009	2009-18600076	PDF
31-12-2007	full format	04-06-2008	2008-18800316	PDF
31-12-2006	full format	29-05-2007	2007-16600159	PDF
31-12-2005	full format	31-05-2006	2006-18203284	PDF
31-12-2004	full format	01-06-2005	2005-19304510	PDF
31-12-2003	full format	28-05-2004	2004-17703407	PDF
31-12-2002	full format	28-05-2003	2003-17504982	PDF
31-12-2001	full format	03-06-2002	2002-16200002	PDF
31-12-2000	full format	01-06-2001	2001-15800188	PDF
31-12-1999	full format	18-05-2000	2000-13300210	PDF
31-12-1998	full format	01-06-1999	1999-12900241	PDF
31-12-1997	full format	10-06-1998	1998-15405304	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2012	2011	2010	2009	2008	2007	2006
-	1.9m	-126,361	1.1m	1.3m	1.5m	656,157
-	1.5m	-92,196	855,259	1.1m	1.1m	582,101
-	5,067	52,755	84,295	300,455	715,569	204,761
-1.2m	2.2m	-699,764	-1.5m	25,561	8,219	-
-165,433	2.5m	1.2m	1.5m	3,653	2.3m	1.9m
-52.7%	19.9%	-3.2%	6.2%	8.1%	11.0%	4.0%
-8.3%	48.7%	48.6%	36.1%	18.6%	25.7%	23.4%
0.92	1.52	1.35	1.22	1.00	1.24	1.24
0.92	0.77	0.68	0.40	0.38	0.66	0.77
-	1.00	0.95	1.77	4.38	2.89	3.28
-	26.2%	-8.3%	15.0%	23.5%	27.9%	21.2%
-253.0%	12.8%	-4.0%	5.4%	4.4%	7.2%	5.0%
-	over 100	-6.04	48.06	63.70	over 100	80.60
0 days	24 days	39 days	23 days	55 days	81 days	58 days
156 days	104 days	107 days	91 days	78 days	71 days	62 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Overdue debts

tax and social security

Item	2012
Overdue social security (RSZ) debts	€213,666

Source: notes to the 2012 annual accounts (statement of debts)

Auditor

fees

Item	2012
Fee for the audit	€6,168

Source: notes to the 2012 annual accounts (relations with the auditor)

Insights on ECEN

The operating result for 2012 is a loss of €3.7m, after a profit of €1.7m in 2011. It is the lowest result since 2006.

Equity is negative. Debt (€2.2m) exceeds the balance-sheet total (€2.0m).

Annual accounts 2012

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Staff

Staff cost per FTE€84,176

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Overdue debts

Auditor

Insights on ECEN

in €m

in €m

€84,176