HERCULE
InactiveFinancials · financial year 2013, full format
Annual accounts 2013 filed on 21-08-2014 PDF all 15 filings
Turnover
€635,278▼ 0.3%
2012 · €637,469
EBIT margin
-2.3%▼ 3.3pp
2012 · 1.1%
Net result
-€16,088
2012 · €4,070
Working capital
-€686
2012 · €3,585
Multi-year overview
2009 to 2013, 5 financial yearsTurnover
€635,278
▼ 0.3%
2013
20092013
Operating result
-€14,363
2013
20092013
Net result
-€16,088
2013
20092013
EBIT margin
-2.3%
▼ 3.3pp
2013
20092013
Equity
€10,803
▼ 59.8%
2013
20092013
Total assets
€245,249
▲ 9.4%
2013
20092013
Debt
€234,446
▲ 18.8%
2013
20092013
Working capital
-€686
2013
20092013
Staff (FTE)
12.3
▼ 7.5%
2013
20092013
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20092010201120122013
Turnover€1.9m-€0.6m▼ 68.0%€0.6m▲ 2.0%€0.6m▲ 1.4%€0.6m▼ 0.3%
Operating result-€0.04m--€0.07m▼ 86.7%-€0.01m▲ 81.4%€0.007m-€0.01m
Net result-€0.04m--€0.08m▼ 95.2%-€0.01m▲ 81.3%€0.004m-€0.02m
EBIT margin-2.0%--11.4%▼ 9.4pp-2.1%▲ 9.3pp1.1%▲ 3.2pp-2.3%▼ 3.3pp
Equity€0.1m-€0.04m▼ 67.6%€0.02m▼ 38.8%€0.03m▲ 17.8%€0.01m▼ 59.8%
Total assets€0.4m-€0.3m▼ 42.3%€0.2m▼ 10.5%€0.2m▼ 2.5%€0.2m▲ 9.4%
Debt€0.3m-€0.2m▼ 33.5%€0.2m▼ 5.7%€0.2m▼ 4.7%€0.2m▲ 18.8%
Working capital€0.09m-€0.01m▼ 89.3%€0.03m▲ 198%€0.004m▼ 87.9%-€0.001m
Staff (FTE)41.6-18.1▼ 56.5%14.6▼ 19.3%13.3▼ 8.9%12.3▼ 7.5%
The operating result for 2013 is a loss of €14,363, after a profit of €6,882 in 2012. It is the lowest result since 2010.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €245,249
Fixed assets
€13,436 ▼ 43.8%
Current assets
€231,813 ▲ 15.7%
Equity and liabilities €245,249
Equity
€10,803 ▼ 59.8%
Debt
€234,446 ▲ 18.8%
Debt's share of the balance-sheet total rises from 88.0% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€9,951▼
2012 · €17,638
Cash flow
-€11,676▼
2012 · €14,827
Current ratio
1.00▼
2012 · 1.02
Quick ratio
0.82▼
2012 · 0.82
ROE
-148.9%▼
2012 · 15.1%
ROA
-6.6%▼
2012 · 1.8%
Debt ≤ 1 year
€232,500▲
2012 · €196,767
Income taxes
€223
Customer credit
95 days▲
2012 · 81 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.9m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.01m | €0.01m | €0.01m | €0.004m | ▼ 59.0% |
| Gross operating margin9900 | €1.3m | €0.4m | €0.4m | €0.5m | €0.4m | ▼ 3.3% |
| Operating profit (loss)9901 | -€0.04m | -€0.07m | -€0.01m | €0.007m | -€0.01m | - |
| Recurring financial income75 | €465 | €363 | €0.001m | €328 | €0.001m | ▲ 278% |
| Recurring financial charges65 | €0.003m | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 33.9% |
| Profit (loss) for the period before taxes9903 | -€0.04m | -€0.07m | -€0.01m | €0.004m | -€0.02m | - |
| Income taxes67/77 | €6 | €0.005m | - | - | €223 | - |
| Profit (loss) for the period9904 | -€0.04m | -€0.08m | -€0.01m | €0.004m | -€0.02m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.04m | -€0.08m | -€0.01m | €0.004m | -€0.02m | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €445,694 | €257,003 | €229,919 | €224,251 | €245,249 | ▲ 9.4% |
| Fixed assets21/28 | €27,035 | €46,510 | €33,892 | €23,899 | €13,436 | ▼ 43.8% |
| Intangible fixed assets21 | - | €4,000 | €3,000 | €2,000 | €1,000 | ▼ 50.0% |
| Tangible fixed assets22/27 | €20,530 | €33,414 | €23,297 | €15,234 | €5,661 | ▼ 62.8% |
| Financial fixed assets28 | €6,506 | €9,096 | €7,596 | €6,665 | €6,775 | ▲ 1.7% |
| Current assets29/58 | €418,659 | €210,493 | €196,027 | €200,353 | €231,813 | ▲ 15.7% |
| Stocks and contracts in progress3 | €36,812 | €34,205 | €35,739 | €38,752 | €41,184 | ▲ 6.3% |
| Amounts receivable within one year40/41 | €316,746 | €154,879 | €138,874 | €142,176 | €165,283 | ▲ 16.3% |
| Cash at bank and in hand54/58 | €3,087 | €2,245 | €3,549 | €4,283 | €1,321 | ▼ 69.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €445,694 | €257,003 | €229,919 | €224,251 | €245,249 | ▲ 9.4% |
| Equity10/15 | €115,114 | €37,284 | €22,821 | €26,891 | €10,803 | ▼ 59.8% |
| Contributions10/11 | €41,646 | €41,274 | €41,274 | €41,274 | €41,274 | = |
| Reserves13 | €93,545 | €93,545 | €93,545 | €93,545 | €93,545 | = |
| Profit (loss) carried forward14 | -€35,178 | -€112,637 | -€127,100 | -€123,030 | -€139,118 | ▼ 13.1% |
| Amounts payable17/49 | €330,580 | €219,719 | €207,098 | €197,360 | €234,446 | ▲ 18.8% |
| Amounts payable after more than one year17 | €2,554 | €18,115 | €40,541 | - | - | - |
| Amounts payable within one year42/48 | €325,487 | €200,544 | €166,332 | €196,767 | €232,500 | ▲ 18.2% |
| Trade debts44 | €92,292 | €29,654 | €23,625 | €21,774 | €27,838 | ▲ 27.8% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,681 | -€77,458 | -€14,463 | €4,070 | -€16,088 | - |
| + Depreciation and write-downs630 | €42,800 | €13,975 | €12,053 | €10,757 | €4,412 | ▼ 59.0% |
| Operating cash flow (approximation) | €3,119 | -€63,483 | -€2,410 | €14,827 | -€11,676 | - |
| Investment in fixed assets (approximation) | - | -€33,450 | €564 | -€763 | €6,051 | - |
| Change in cash | - | -€841 | €1,304 | €734 | -€2,961 | - |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2013 | full format | 21-08-2014 | 2014-44700569 | |
| 31-12-2012 | full format | 19-06-2013 | 2013-19200284 | |
| 31-12-2011 | full format | 22-08-2012 | 2012-43600174 | |
| 31-12-2010 | full format | 20-07-2011 | 2011-31800202 | |
| 31-12-2009 | full format | 30-06-2010 | 2010-24600279 | |
| 31-12-2008 | full format | 20-08-2009 | 2009-60700347 | |
| 31-12-2007 | full format | 30-06-2008 | 2008-32200098 | |
| 31-12-2006 | full format | 28-06-2007 | 2007-31900215 | |
| 31-12-2005 | full format | 28-07-2006 | 2006-57702964 | |
| 31-12-2004 | full format | 01-07-2005 | 2005-41001741 |