EPE ENGINEERING
InactiveFinancials · financial year 2011, full format
Annual accounts 2011 filed on 02-07-2012 PDF all 9 filings
Turnover
€11,374▼ 84.9%
2009 · €75,540
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€188,415▲ 15.1%
2010 · -€221,917
Working capital
-€866,793▼ 15.9%
2010 · -€748,160
Multi-year overview
2009 to 2011, 3 financial yearsTurnover
€11,374
2011
20092011
Operating result
-€101,554
▲ 24.4%
2011
20092011
Net result
-€188,415
▲ 15.1%
2011
20092011
Equity
-€1.1m
▼ 20.3%
2011
20092011
Total assets
€578,717
▼ 12.4%
2011
20092011
Debt
€1.6m
▲ 2.1%
2011
20092011
Working capital
-€866,793
▼ 15.9%
2011
20092011
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line200920102011
Turnover€0.08m-€0.01m
Operating result€0.03m--€0.1m-€0.1m▲ 24.4%
Net result-€0.3m--€0.2m▲ 21.5%-€0.2m▲ 15.1%
Equity-€0.7m--€0.9m▼ 31.4%-€1.1m▼ 20.3%
Total assets€1.0m-€0.7m▼ 36.0%€0.6m▼ 12.4%
Debt€1.7m-€1.6m▼ 8.2%€1.6m▲ 2.1%
Working capital-€0.5m--€0.7m▼ 47.3%-€0.9m▼ 15.9%
The operating result for 2011 is a loss of €101,554, smaller than the loss of €134,302 in 2010.
Key figures and ratios
EBITDA
-€101,021▲
2010 · -€133,521
Cash flow
-€187,882▲
2010 · -€221,136
Solvency
-192.9%▼
2010 · -140.5%
Current ratio
0.40▼
2010 · 0.47
ROA
-32.6%▲
2010 · -33.6%
Interest coverage
-1.46▲
2010 · -1.77
Debt ≤ 1 year
€1.4m▲
2010 · €1.4m
Debt > 1 year
€147,698=
2010 · €147,698
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|
| Turnover70 | €75,540 | - | €11,374 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,175 | €781 | €533 | ▼ 31.8% |
| Operating profit (loss)9901 | €30,809 | -€134,302 | -€101,554 | ▲ 24.4% |
| Recurring financial income75 | €4 | €763 | - | - |
| Recurring financial charges65 | €109,033 | €88,378 | €77,510 | ▼ 12.3% |
| Debt charges650 | €93,972 | €75,422 | €69,043 | ▼ 8.5% |
| Profit (loss) for the period before taxes9903 | -€276,007 | -€221,917 | -€188,415 | ▲ 15.1% |
| Income taxes67/77 | €6,865 | - | - | - |
| Profit (loss) for the period9904 | -€282,872 | -€221,917 | -€188,415 | ▲ 15.1% |
| Profit (loss) for the period to be appropriated9905 | -€282,872 | -€221,917 | -€188,415 | ▲ 15.1% |
| Line | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.0m | €0.7m | €0.6m | ▼ 12.4% |
| Fixed assets21/28 | €0.002m | €0.001m | - | - |
| Tangible fixed assets22/27 | €0.001m | €0.001m | - | - |
| Financial fixed assets28 | €0.001m | - | - | - |
| Current assets29/58 | €1.0m | €0.7m | €0.6m | ▼ 12.3% |
| Stocks and contracts in progress3 | €0.05m | - | - | - |
| Amounts receivable within one year40/41 | €0.8m | €0.6m | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.06m | €0.05m | ▼ 13.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.0m | €0.7m | €0.6m | ▼ 12.4% |
| Equity10/15 | -€0.7m | -€0.9m | -€1.1m | ▼ 20.3% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | = |
| Profit (loss) carried forward14 | -€1.4m | -€1.7m | -€1.8m | ▼ 11.4% |
| Provisions and deferred taxes16 | €0.04m | €0.03m | €0.1m | ▲ 261% |
| Amounts payable17/49 | €1.7m | €1.6m | €1.6m | ▲ 2.1% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.1m | = |
| Amounts payable within one year42/48 | €1.5m | €1.4m | €1.4m | ▲ 2.6% |
| Trade debts44 | €0.06m | €0.08m | €0.04m | ▼ 49.5% |
| Line | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€282,872 | -€221,917 | -€188,415 | ▲ 15.1% |
| + Depreciation and write-downs630 | €1,175 | €781 | €533 | ▼ 31.8% |
| Operating cash flow (approximation) | -€281,697 | -€221,136 | -€187,882 | ▲ 15.0% |
| Investment in fixed assets (approximation) | - | €1,184 | - | - |
| Change in cash | - | -€87,451 | -€7,786 | ▲ 91.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2011 | full format | 02-07-2012 | 2012-25200006 | |
| 31-12-2010 | full format | 22-11-2011 | 2011-61600370 | |
| 31-12-2009 | full format | 03-11-2010 | 2010-60300407 | |
| 31-12-2008 | full format | 29-09-2009 | 2009-79300143 | |
| 31-12-2007 | full format | 29-08-2008 | 2008-67700124 | |
| 31-12-2006 | full format | 27-07-2007 | 2007-50700075 | |
| 31-12-2005 | full format | 13-07-2006 | 2006-46600406 | |
| 31-12-2004 | full format | 13-06-2005 | 2005-25004159 | |
| 31-12-2003 | full format | 12-07-2004 | 2004-44401149 |