HEAD START
Annual accounts 2009
full format, filed on 31-05-2010, 61 days before the deadlineMoney flows
turnover is 23.4% of income in 2009Balance sheet
balance sheet total €437,289 on 31-12-2009in euro
in euro
Staff
€50,534
Staff costs divided by the average number of full-time equivalents.
Training hours in 2009: 28. Agency workers: 0.1 on average.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2009 | 2008 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
437,289 | 274,788 | |
21/28 |
3,098 | 35,231 | |
21 |
- | 12,573 | |
22/27 |
- | 20,890 | |
24 |
- | 20,763 | |
26 |
- | 127 | |
28 |
3,098 | 1,768 | |
284/8 |
3,098 | 1,768 | |
285/8 |
3,098 | 1,768 | |
29/58 |
434,191 | 239,557 | |
40/41 |
116,190 | 199,216 | |
40 |
75,194 | 198,694 | |
41 |
40,996 | 522 | |
50/53 |
254,815 | 4,744 | |
51/53 |
254,815 | 4,744 | |
54/58 |
61,546 | 27,549 | |
490/1 |
1,640 | 8,048 | |
| Balance sheet: equity and liabilities | |||
10/49 |
437,289 | 274,788 | |
10/15 |
299,200 | 92,902 | |
10/11 |
1.6m | 1.3m | |
100 |
1.6m | 1.3m | |
14 |
-1.3m | -1.2m | |
17/49 |
138,089 | 181,886 | |
42/48 |
95,555 | 138,337 | |
44 |
82,669 | 41,290 | |
440/4 |
82,669 | 41,290 | |
45 |
11,406 | 97,047 | |
450/3 |
11,406 | 27,309 | |
454/9 |
- | 69,738 | |
47/48 |
1,480 | - | |
492/3 |
42,534 | 43,549 | |
| Income statement | |||
70/76A |
281,235 | 259,432 | |
70 |
263,555 | 252,186 | |
76A |
750,000 | - | |
60/66A |
1.1m | 818,011 | |
60 |
35,565 | 30,803 | |
600/8 |
35,565 | 30,803 | |
61 |
728,902 | 300,763 | |
62 |
338,580 | 468,389 | |
630 |
1 | 16,593 | |
640/8 |
9,464 | 1,463 | |
66A |
10,678 | - | |
9901 |
-831,277 | -558,579 | |
75/76B |
589 | 1,599 | |
75 |
589 | 1,599 | |
751 |
558 | 1,590 | |
752/9 |
31 | 9 | |
65/66B |
2,336 | 349 | |
65 |
2,336 | 349 | |
650 |
1,650 | - | |
652/9 |
686 | 349 | |
9903 |
-93,702 | -557,329 | |
9904 |
-93,702 | -557,329 | |
9905 |
-93,702 | -557,329 | |
| Appropriation of the result | |||
9906 |
-1.3m | -1.2m | |
| Social balance sheet | |||
9087 |
6.7 | 9.6 | |
Agency workers1501 |
0.1 | - | |
Hours worked1013 |
11,712 | 16,372 | |
| Document | |||
The accounts for 5 older financial years (2003-2007) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2009 (PDF), filed on 31-05-2010.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2009 | full format | 31-05-2010 | 2010-14700511 | |
| 31-12-2008 | full format | 09-06-2009 | 2009-21800113 | |
| 31-12-2007 | full format | 06-06-2008 | 2008-18100318 | |
| 31-12-2006 | full format | 04-06-2007 | 2007-17300156 | |
| 30-06-2005 | abbreviated format | 31-01-2006 | 2006-04003759 | |
| 30-06-2004 | abbreviated format | 22-02-2005 | 2005-05702821 | |
| 30-06-2003 | abbreviated format | 16-01-2004 | 2004-01702452 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2009 | 2008 |
|---|---|---|---|
| -831,276 | -541,986 | ||
| -93,701 | -540,736 | ||
| -32,132 | 21,562 | ||
| 33,997 | - | ||
| 338,636 | 101,220 | ||
| 68.4% | 33.8% | ||
| 4.54 | 1.73 | ||
| 0.46 | 1.96 | ||
| -31.3% | -599.9% | ||
| -21.4% | -202.8% | ||
| -503.80 | - | ||
| 104 days | 288 days | ||
| 39 days | 45 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
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.
Insights on HEAD START
The operating result for 2009 is a loss of €831,277, larger than the loss of €558,579 in 2008.
Debt's share of the balance-sheet total falls from 66.2% to 31.6%. Equity is higher and debt is lower.