LANVISION
Dissolution or liquidationFinancials · financial year 2007, full format
Turnover
≈ €130,000
Estimated: probably between €70,000 and €250,000
EBIT margin
Not included in this filing
Net result
€4,930▼ 32.5%
2006 · €7,303
Working capital
-€14,520▼ 102%
2006 · -€7,182
Trend over the years
2006 to 2007, 2 financial years
The operating result falls in 2007; 2007 is 8% below 2006.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€16,649
2007
Net result€4,930
2007
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€342,042
2007
Equity€10,733
2007
Debt€331,309
2007
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€14,520
2007
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20062007
Operating result€18,079-€16,649▼ 7.9%
Net result€7,303-€4,930▼ 32.5%
Equity€10,303-€10,733▲ 4.2%
Total assets€333,053-€342,042▲ 2.7%
Debt€322,750-€331,309▲ 2.7%
Working capital-€7,182--€14,520▼ 102%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2007 in colour, 2006 as the grey bar beneath
Assets €342,042
Fixed assets
€273,452 ▼ 5.3%
Current assets
€68,590 ▲ 55.1%
Equity and liabilities €342,042
Equity
€10,733 ▲ 4.2%
Debt
€331,309 ▲ 2.7%
Debt's share of the balance-sheet total stays at 96.9%.
Key figures and ratios
EBITDA
€34,323▲
2006 · €29,568
Cash flow
€22,604▲
2006 · €18,792
Current ratio
0.83▼
2006 · 0.86
Debt to equity
30.87▼
2006 · 31.33
ROE
45.9%▼
2006 · 70.9%
ROA
1.4%▼
2006 · 2.2%
Interest coverage
2.50▼
2006 · 2.67
Debt ≤ 1 year
€83,110▲
2006 · €51,399
Debt > 1 year
€246,656▼
2006 · €266,660
Income taxes
€1,616▲
2006 · €1,056
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,489 | €17,674 | ▲ 53.8% |
| Other operating charges640/8 | €1,671 | €2,280 | ▲ 36.4% |
| Gross operating margin9900 | €31,239 | €36,603 | ▲ 17.2% |
| Operating profit (loss)9901 | €18,079 | €16,649 | ▼ 7.9% |
| Recurring financial income75 | €1,352 | €3,610 | ▲ 167% |
| Recurring financial charges65 | €11,072 | €13,713 | ▲ 23.9% |
| Profit (loss) for the period before taxes9903 | €8,359 | €6,546 | ▼ 21.7% |
| Income taxes67/77 | €1,056 | €1,616 | ▲ 53.0% |
| Profit (loss) for the period9904 | €7,303 | €4,930 | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €7,303 | €4,930 | ▼ 32.5% |
| Line | 2006 | 2007 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €333,053 | €342,042 | ▲ 2.7% |
| Fixed assets21/28 | €288,836 | €273,452 | ▼ 5.3% |
| Tangible fixed assets22/27 | €288,836 | €273,452 | ▼ 5.3% |
| Land and buildings22 | €288,836 | €272,086 | ▼ 5.8% |
| Plant, machinery and equipment23 | - | €894 | - |
| Furniture and vehicles24 | - | €472 | - |
| Current assets29/58 | €44,217 | €68,590 | ▲ 55.1% |
| Amounts receivable within one year40/41 | €34,391 | €65,693 | ▲ 91.0% |
| Trade receivables40 | €12,631 | €18,070 | ▲ 43.1% |
| Other amounts receivable41 | €21,760 | €47,623 | ▲ 119% |
| Cash at bank and in hand54/58 | €9,826 | €2,897 | ▼ 70.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €333,053 | €342,042 | ▲ 2.7% |
| Equity10/15 | €10,303 | €10,733 | ▲ 4.2% |
| Contributions10/11 | €8,000 | €8,000 | = |
| Capital10 | €8,000 | €8,000 | = |
| Issued capital100 | €18,600 | €18,600 | = |
| Uncalled capital101 | €10,600 | €10,600 | = |
| Reserves13 | €370 | €620 | ▲ 67.6% |
| Legal reserve130 | €370 | €620 | ▲ 67.6% |
| Profit (loss) carried forward14 | €1,933 | €2,113 | ▲ 9.3% |
| Amounts payable17/49 | €322,750 | €331,309 | ▲ 2.7% |
| Amounts payable after more than one year17 | €266,660 | €246,656 | ▼ 7.5% |
| Financial debts170/4 | €266,660 | €246,656 | ▼ 7.5% |
| Amounts payable within one year42/48 | €51,399 | €83,110 | ▲ 61.7% |
| Current portion of amounts payable after more than one year42 | €20,004 | €20,004 | = |
| Trade debts44 | €16,915 | €43,143 | ▲ 155% |
| Suppliers440/4 | €16,915 | €43,143 | ▲ 155% |
| Taxes, remuneration and social security45 | €9,480 | €10,463 | ▲ 10.4% |
| Taxes450/3 | €9,480 | €10,463 | ▲ 10.4% |
| Other amounts payable47/48 | €5,000 | €9,500 | ▲ 90.0% |
| Accrued charges and deferred income492/3 | €4,691 | €1,543 | ▼ 67.1% |
| Line | 2006 | 2007 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7,303 | €4,930 | ▼ 32.5% |
| + Depreciation and write-downs630 | €11,489 | €17,674 | ▲ 53.8% |
| Operating cash flow (approximation) | €18,792 | €22,604 | ▲ 20.3% |
| Investment in fixed assets (approximation) | - | -€2,290 | - |
| Change in cash | - | -€6,929 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2007 | full format | 27-01-2010 | 2010-02300296 |
| 31-03-2006 | full format | 10-12-2009 | 2009-88200223 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.