LM-RETAIL
InactiveFinancials · financial year 2010, abbreviated format
Annual accounts 2010 filed on 26-08-2011 PDF all 2 filings
Turnover
≈ €340,000
Estimated: probably between €210,000 and €640,000
Total assets
€1.9m▲ 2.8%
2009 · €1.9m
Net result
€5,408
2009 · -€133,740
Working capital
€621,641▲ 188%
2009 · €215,591
Multi-year overview
2009 to 2010, 2 financial yearsOperating result
€73,743
2010
20092010
Net result
€5,408
2010
20092010
Equity
-€122,132
▲ 4.2%
2010
20092010
Total assets
€1.9m
▲ 2.8%
2010
20092010
Debt
€2.1m
▲ 2.3%
2010
20092010
Working capital
€621,641
▲ 188%
2010
20092010
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20092010
Operating result-€0.07m-€0.07m
Net result-€0.1m-€0.005m
Equity-€0.1m--€0.1m▲ 4.2%
Total assets€1.9m-€1.9m▲ 2.8%
Debt€2.0m-€2.1m▲ 2.3%
Working capital€0.2m-€0.6m▲ 188%
The operating result for 2010 is a profit of €73,743, after a loss of €72,785 in 2009.
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
2010 in colour, 2009 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.3m ▼ 22.1%
Current assets
€663,212 ▲ 165%
Equity and liabilities
Equity-€122,132
Debt€2.1m
Equity is negative. Debt (€2.1m) exceeds the balance-sheet total (€1.9m).
Key figures and ratios
EBITDA
€129,099▲
2009 · €71,871
Cash flow
€60,764▲
2009 · €10,916
Solvency
-6.3%▲
2009 · -6.8%
Current ratio
15.95▲
2009 · 7.27
ROA
0.3%▲
2009 · -7.1%
Debt ≤ 1 year
€41,571▲
2009 · €34,399
Debt > 1 year
€2.0m▲
2009 · €2.0m
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €144,656 | €55,356 | ▼ 61.7% |
| Gross operating margin9900 | €75,660 | €135,070 | ▲ 78.5% |
| Operating profit (loss)9901 | -€72,785 | €73,743 | - |
| Recurring financial income75 | €3,270 | €19,250 | ▲ 489% |
| Recurring financial charges65 | €64,224 | €118,057 | ▲ 83.8% |
| Profit (loss) for the period before taxes9903 | -€133,740 | €5,408 | - |
| Profit (loss) for the period9904 | -€133,740 | €5,408 | - |
| Profit (loss) for the period to be appropriated9905 | -€133,740 | €5,408 | - |
| Line | 2009 | 2010 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.9m | €1.9m | ▲ 2.8% |
| Fixed assets21/28 | €1.6m | €1.3m | ▼ 22.1% |
| Tangible fixed assets22/27 | €1.6m | €1.3m | ▼ 22.1% |
| Financial fixed assets28 | €62 | €62 | = |
| Current assets29/58 | €0.2m | €0.7m | ▲ 165% |
| Amounts receivable within one year40/41 | €22 | €0.4m | ▲ 17,906× |
| Cash at bank and in hand54/58 | €0.004m | €450 | ▼ 87.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.9m | €1.9m | ▲ 2.8% |
| Equity10/15 | -€0.1m | -€0.1m | ▲ 4.2% |
| Contributions10/11 | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | ▲ 4.0% |
| Amounts payable17/49 | €2.0m | €2.1m | ▲ 2.3% |
| Amounts payable after more than one year17 | €2.0m | €2.0m | ▲ 2.0% |
| Amounts payable within one year42/48 | €0.03m | €0.04m | ▲ 20.8% |
| Trade debts44 | €0.003m | €0.007m | ▲ 130% |
| Line | 2009 | 2010 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€133,740 | €5,408 | - |
| + Depreciation and write-downs630 | €144,656 | €55,356 | ▼ 61.7% |
| Operating cash flow (approximation) | €10,916 | €60,764 | ▲ 457% |
| Investment in fixed assets (approximation) | - | €305,898 | - |
| Change in cash | - | -€3,283 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.