EIRED
Dissolution or liquidationFinancials · financial year 2013, abbreviated format
Annual accounts 2013 filed on 30-09-2014 PDF all 16 filings
Turnover
€31,868
EBIT margin
-15.6%
Net result
-€52,034
2012 · €51,941
Working capital
€24,569▼ 43.5%
2012 · €43,491
Multi-year overview
2009 to 2013, 3 financial yearsTurnover
no figure
2013
20092013
Operating result
-€12,890
2013
20092013
Net result
-€52,034
2013
20092013
EBIT margin
no figure
2013
20092013
Equity
-€32,925
▼ 64.6%
2013
20092013
Total assets
€60,821
▼ 19.9%
2013
20092013
Debt
€29,562
▼ 7.0%
2013
20092013
Working capital
€24,569
▼ 43.5%
2013
20092013
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line200920122013
Turnover€31,868-
Operating result-€4,974-€174,575--€12,890
Net result-€58,032-€51,941--€52,034
EBIT margin-15.6%-
Equity€104,582--€19,999--€32,925▼ 64.6%
Total assets€355,539-€75,977-€60,821▼ 19.9%
Debt€250,957-€31,791-€29,562▼ 7.0%
Working capital€95,307-€43,491-€24,569▼ 43.5%
The operating result for 2013 is a loss of €12,890, after a profit of €174,575 in 2012. It is the lowest result since 2009.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €60,821
Fixed assets
€6,691 ▼ 2.4%
Current assets
€54,130 ▼ 21.7%
Equity and liabilities
Equity-€32,925
Debt€29,562
Equity is negative. Debt (€29,562) exceeds the balance-sheet total (€60,821).
Key figures and ratios
EBITDA
-€12,146▼
2012 · €175,695
Cash flow
-€51,289▼
2012 · €53,061
Solvency
-54.1%▼
2012 · -26.3%
Current ratio
1.83▼
2012 · 2.70
Quick ratio
0.96▲
2012 · 0.25
ROA
-85.6%▼
2012 · 68.4%
Debt ≤ 1 year
€29,562▲
2012 · €25,629
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2012 | 2013 | Change |
|---|---|---|---|---|
| Turnover70 | €31,868 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,950 | €1,120 | €744 | ▼ 33.5% |
| Gross operating margin9900 | €9,272 | €176,635 | -€8,370 | - |
| Operating profit (loss)9901 | -€4,974 | €174,575 | -€12,890 | - |
| Recurring financial income75 | €0 | €1 | - | - |
| Recurring financial charges65 | €23,300 | €47,450 | €36 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | -€58,032 | €116,126 | -€52,034 | - |
| Profit (loss) for the period9904 | -€58,032 | €51,941 | -€52,034 | - |
| Profit (loss) for the period to be appropriated9905 | -€58,032 | -€72,710 | -€52,034 | ▲ 28.4% |
| Line | 2009 | 2012 | 2013 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €355,539 | €75,977 | €60,821 | ▼ 19.9% |
| Fixed assets21/28 | €190,931 | €6,858 | €6,691 | ▼ 2.4% |
| Intangible fixed assets21 | €414 | - | - | - |
| Tangible fixed assets22/27 | €190,518 | €6,858 | €6,691 | ▼ 2.4% |
| Current assets29/58 | €164,607 | €69,120 | €54,130 | ▼ 21.7% |
| Stocks and contracts in progress3 | €143,200 | €62,616 | €25,682 | ▼ 59.0% |
| Amounts receivable within one year40/41 | €13,598 | €683 | €7,639 | ▲ 11× |
| Cash at bank and in hand54/58 | - | €1,796 | €5,809 | ▲ 223% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €355,539 | €75,977 | €60,821 | ▼ 19.9% |
| Equity10/15 | €104,582 | -€19,999 | -€32,925 | ▼ 64.6% |
| Contributions10/11 | €33,466 | €33,466 | €33,466 | = |
| Reserves13 | - | €124,650 | €163,758 | ▲ 31.4% |
| Profit (loss) carried forward14 | -€87,439 | -€178,115 | -€230,149 | ▼ 29.2% |
| Provisions and deferred taxes16 | - | €64,185 | €64,185 | = |
| Amounts payable17/49 | €250,957 | €31,791 | €29,562 | ▼ 7.0% |
| Amounts payable after more than one year17 | €173,756 | - | - | - |
| Amounts payable within one year42/48 | €69,300 | €25,629 | €29,562 | ▲ 15.3% |
| Trade debts44 | €7,622 | - | €6,893 | - |
| Line | 2009 | 2012 | 2013 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€58,032 | €51,941 | -€52,034 | - |
| + Depreciation and write-downs630 | €12,950 | €1,120 | €744 | ▼ 33.5% |
| Operating cash flow (approximation) | -€45,082 | €53,061 | -€51,289 | - |
| Investment in fixed assets (approximation) | - | - | -€578 | - |
| Change in cash | - | - | €4,013 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2013 | abbreviated format | 30-09-2014 | 2014-60900379 | |
| 31-12-2012 | abbreviated format | 07-01-2014 | 2014-00300048 | |
| 31-12-2009 | abbreviated format | 21-08-2010 | 2010-42700105 | |
| 31-12-2008 | abbreviated format | 28-08-2009 | 2009-65400019 | |
| 31-12-2007 | abbreviated format | 28-07-2008 | 2008-46400203 | |
| 31-12-2006 | abbreviated format | 03-08-2007 | 2007-53800136 | |
| 31-12-2005 | abbreviated format | 30-10-2006 | 2006-85801512 | |
| 31-12-2004 | abbreviated format | 18-05-2006 | 2006-15001794 | |
| 31-12-2003 | abbreviated format | 18-05-2006 | 2006-15001490 | |
| 31-12-2002 | abbreviated format | 14-01-2004 | 2004-01303278 |