Financials · financial year 2010, full format
Annual accounts 2010 filed on 09-07-2011 PDF all 19 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€61,462
2009 · €81,458
Working capital
€3.5m▼ 1.7%
2009 · €3.5m
Multi-year overview
2006 to 2010, 5 financial yearsOperating result
-€2,481
▲ 35.9%
2010
20062010
Net result
-€61,462
2010
20062010
Equity
€9.3m
▼ 0.7%
2010
20062010
Total assets
€10.8m
▲ 0.8%
2010
20062010
Debt
€1.5m
▲ 10.7%
2010
20062010
Working capital
€3.5m
▼ 1.7%
2010
20062010
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20062007200820092010
Operating result-€0.005m--€0.01m▼ 91.9%-€0.01m▼ 45.6%-€0.004m▲ 73.1%-€0.002m▲ 35.9%
Net result-€0.01m--€0.05m▼ 361%-€0.1m▼ 181%€0.08m-€0.06m
Equity€7.5m-€7.5m▼ 0.7%€9.3m▲ 24.7%€9.4m▲ 0.9%€9.3m▼ 0.7%
Total assets€9.9m-€9.9m▼ 0.2%€10.9m▲ 10.3%€10.8m▼ 1.1%€10.8m▲ 0.8%
Debt€2.4m-€2.4m▲ 1.1%€1.6m▼ 34.4%€1.4m▼ 12.8%€1.5m▲ 10.7%
Working capital-€2.2m--€2.3m▼ 2.2%€3.5m€3.5m▲ 1.6%€3.5m▼ 1.7%
The operating result for 2010 is a loss of €2,481, smaller than the loss of €3,870 in 2009.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €10.8m
Fixed assets
€5.8m =
Current assets
€5.0m ▲ 1.7%
Equity and liabilities €10.8m
Equity
€9.3m ▼ 0.7%
Debt
€1.5m ▲ 10.7%
Debt's share of the balance-sheet total rises from 12.7% to 14.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
3.30▼
2009 · 3.59
ROE
-0.7%▼
2009 · 0.9%
ROA
-0.6%▼
2009 · 0.8%
Debt ≤ 1 year
€1.5m▲
2009 · €1.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€4,117 | -€8,938 | -€13,442 | -€2,929 | -€1,540 | ▲ 47.4% |
| Operating profit (loss)9901 | -€5,149 | -€9,880 | -€14,384 | -€3,870 | -€2,481 | ▲ 35.9% |
| Recurring financial income75 | €500 | €2,307 | €67,922 | €107,829 | €83,285 | ▼ 22.8% |
| Recurring financial charges65 | €5,981 | €41,431 | €190,859 | €22,501 | €142,266 | ▲ 532% |
| Profit (loss) for the period before taxes9903 | -€10,630 | -€49,004 | -€137,492 | €81,458 | -€61,462 | - |
| Profit (loss) for the period9904 | -€10,630 | -€49,004 | -€137,492 | €81,458 | -€61,462 | - |
| Profit (loss) for the period to be appropriated9905 | -€10,630 | -€49,004 | -€137,492 | €81,458 | -€61,462 | - |
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.9m | €9.9m | €10.9m | €10.8m | €10.8m | ▲ 0.8% |
| Fixed assets21/28 | €9.7m | €9.7m | €5.8m | €5.8m | €5.8m | = |
| Financial fixed assets28 | €9.7m | €9.7m | €5.8m | €5.8m | €5.8m | = |
| Current assets29/58 | €0.2m | €0.1m | €5.0m | €4.9m | €5.0m | ▲ 1.7% |
| Amounts receivable within one year40/41 | €196 | €0.1m | €5.0m | €4.9m | €5.0m | ▲ 1.7% |
| Current investments50/53 | €0 | €0 | €0 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €0.2m | €0.002m | €0.007m | €0.006m | €0.006m | ▼ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.9m | €9.9m | €10.9m | €10.8m | €10.8m | ▲ 0.8% |
| Equity10/15 | €7.5m | €7.5m | €9.3m | €9.4m | €9.3m | ▼ 0.7% |
| Contributions10/11 | €6.2m | €6.2m | €4.7m | €4.7m | €4.7m | = |
| Reserves13 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Profit (loss) carried forward14 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 5.4% |
| Amounts payable17/49 | €2.4m | €2.4m | €1.6m | €1.4m | €1.5m | ▲ 10.7% |
| Amounts payable within one year42/48 | €2.4m | €2.4m | €1.5m | €1.4m | €1.5m | ▲ 10.7% |
| Trade debts44 | - | €0.004m | €0.003m | €0.003m | €0.006m | ▲ 130% |
| Line | 2006 | 2007 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.01m | -€0.05m | -€0.1m | €0.08m | -€0.06m | - |
| Operating cash flow (approximation) | -€0.01m | -€0.05m | -€0.1m | €0.08m | -€0.06m | - |
| Investment in fixed assets (approximation) | - | €0 | €3.9m | €0 | €0 | - |
| Change in cash | - | -€0.2m | €0.005m | -€0.001m | -€124 | ▲ 91.2% |
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 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2010 | full format | 09-07-2011 | 2011-27800034 | |
| 31-12-2009 | full format | 09-07-2010 | 2010-28300067 | |
| 31-12-2008 | full format | 04-07-2009 | 2009-35000342 | |
| 31-12-2007 | full format | 11-07-2008 | 2008-40500231 | |
| 31-12-2006 | full format | 05-07-2007 | 2007-37800339 | |
| 31-12-2005 | full format | 27-06-2006 | 2006-31604901 | |
| 31-12-2004 | full format | 28-07-2005 | 2005-58701326 | |
| 31-12-2003 | full format | 22-07-2004 | 2004-49005237 | |
| 31-12-2002 | full format | 30-06-2003 | 2003-34203951 | |
| 31-12-2001 | full format | 29-07-2002 | 2002-43202960 |