JAMES
InactiveFinancials · financial year 2012, abbreviated format
Annual accounts 2012 filed on 29-08-2013 PDF all 10 filings
Turnover
≈ €270,000
Estimated: probably between €170,000 and €510,000
Total assets
€2.1m▼ 60.9%
2011 · €5.4m
Net result
€1.2m▲ 402%
2011 · €240,427
Working capital
€2.1m▲ 942%
2011 · €202,165
Multi-year overview
2008 to 2012, 5 financial yearsOperating result
-€65,522
2012
20082012
Net result
€1.2m
▲ 402%
2012
20082012
Equity
€1.5m
▲ 462%
2012
20082012
Total assets
€2.1m
▼ 60.9%
2012
20082012
Debt
€2,967
▼ 99.9%
2012
20082012
Working capital
€2.1m
▲ 942%
2012
20082012
Staff (FTE)
12.1
▼ 4.7%
2012
20082012
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20082009201020112012
Operating result€0.2m-€0.2m▲ 9.2%€0.4m▲ 71.2%€0.4m▲ 6.1%-€0.07m
Net result€0.1m-€0.1m▼ 16.6%€0.2m▲ 87.7%€0.2m▲ 9.3%€1.2m▲ 402%
Equity€0.03m-€0.03m=€0.05m▲ 68.3%€0.3m▲ 433%€1.5m▲ 462%
Total assets€3.1m-€5.5m▲ 78.7%€4.5m▼ 19.1%€5.4m▲ 20.7%€2.1m▼ 60.9%
Debt€3.1m-€5.5m▲ 79.5%€4.4m▼ 19.5%€5.1m▲ 16.1%€0.003m▼ 99.9%
Working capital-€0.08m--€0.1m▼ 22.9%-€0.01m▲ 88.8%€0.2m€2.1m▲ 942%
Staff (FTE)5.2-7.2▲ 38.5%10.5▲ 45.8%12.7▲ 21.0%12.1▼ 4.7%
The operating result for 2012 is a loss of €65,522, after a profit of €385,839 in 2011. It is the lowest result since 2008.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Equity and liabilities €2.1m
Equity
€1.5m ▲ 462%
Provisions
€637,313
Debt
€2,967 ▼ 99.9%
Debt's share of the balance-sheet total falls from 95.2% to 0.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€56,969▼
2011 · €485,272
Cash flow
€1.2m▲
2011 · €339,860
ROE
82.2%▼
2011 · 92.0%
ROA
57.2%▲
2011 · 4.5%
Debt ≤ 1 year
€2,967▼
2011 · €5.0m
Income taxes
€2,102▼
2011 · €151,603
A ratio outside any meaningful range has been withheld (balance sheet total €2.1m, equity €1.5m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.009m | ▼ 91.4% |
| Gross operating margin9900 | €0.7m | €0.8m | €1.2m | €1.3m | €0.1m | ▼ 92.5% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.4m | €0.4m | -€0.07m | - |
| Recurring financial income75 | €0.06m | €0.01m | €0.006m | €0.02m | €0.04m | ▲ 189% |
| Recurring financial charges65 | €0.03m | €0.02m | €0.02m | €0.009m | €0.002m | ▼ 78.6% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.2m | €0.4m | €0.4m | €1.8m | ▲ 371% |
| Income taxes67/77 | €0.09m | €0.08m | €0.1m | €0.2m | €0.002m | ▼ 98.6% |
| Profit (loss) for the period9904 | €0.1m | €0.1m | €0.2m | €0.2m | €1.2m | ▲ 402% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.1m | €0.2m | €0.2m | -€0.03m | - |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €5.5m | €4.5m | €5.4m | €2.1m | ▼ 60.9% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.2m | €0.2m | - | - |
| Intangible fixed assets21 | €0.1m | €0.07m | - | - | - | - |
| Tangible fixed assets22/27 | €0.2m | €0.3m | €0.2m | €0.2m | - | - |
| Current assets29/58 | €2.7m | €5.2m | €4.2m | €5.2m | €2.1m | ▼ 59.6% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.2m | €0.1m | €1.8m | ▲ 13× |
| Cash at bank and in hand54/58 | €2.6m | €4.9m | €4.1m | €5.1m | €0.3m | ▼ 93.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €5.5m | €4.5m | €5.4m | €2.1m | ▼ 60.9% |
| Equity10/15 | €0.03m | €0.03m | €0.05m | €0.3m | €1.5m | ▲ 462% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €1.2m | ▲ 666× |
| Profit (loss) carried forward14 | €0.009m | €0.009m | €0.03m | €0.2m | €0.2m | ▼ 12.5% |
| Provisions and deferred taxes16 | - | - | - | - | €0.6m | - |
| Amounts payable17/49 | €3.1m | €5.5m | €4.4m | €5.1m | €0.003m | ▼ 99.9% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.1m | - | - |
| Amounts payable within one year42/48 | €2.8m | €5.3m | €4.3m | €5.0m | €0.003m | ▼ 99.9% |
| Trade debts44 | €2.4m | €4.7m | €3.7m | €4.2m | €0.003m | ▼ 99.9% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.1m | €0.2m | €0.2m | €1.2m | ▲ 402% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.009m | ▼ 91.4% |
| Operating cash flow (approximation) | €0.3m | €0.3m | €0.4m | €0.3m | €1.2m | ▲ 258% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.05m | -€0.05m | - | - |
| Change in cash | - | €2.4m | -€0.9m | €1.0m | -€4.7m | - |
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 (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-48500471 | |
| 31-12-2011 | abbreviated format | 27-03-2012 | 2012-06900373 | |
| 31-12-2010 | abbreviated format | 07-07-2011 | 2011-26200556 | |
| 31-12-2009 | abbreviated format | 01-07-2010 | 2010-25600087 | |
| 31-12-2008 | abbreviated format | 25-06-2009 | 2009-28000381 | |
| 31-12-2007 | abbreviated format | 26-06-2008 | 2008-28200223 | |
| 31-12-2006 | abbreviated format | 19-07-2007 | 2007-43800245 | |
| 31-12-2005 | abbreviated format | 31-08-2006 | 2006-75504914 | |
| 31-12-2004 | abbreviated format | 21-09-2005 | 2005-70101688 | |
| 31-12-2003 | abbreviated format | 05-11-2004 | 2004-78201354 |