Losses
Every financial year from 2009 to 2011 closed with a loss. 2009 was the heaviest.
Every financial year from 2009 to 2011 closed with a loss. 2009 was the heaviest.
The 2005 accounts came 7 days late. The other nine of the last ten were filed on time.
Inactive. The last annual accounts are for financial year 2011.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | Trend | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
66,268 | 67,302 | 68,170 | 212,865 | 222,943 | |
29/58 |
66,268 | 67,302 | 68,170 | 212,865 | 222,943 | |
3 |
- | - | - | - | 71,203 | |
30/36 |
- | - | - | - | 71,203 | |
40/41 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
41 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
50/53 |
- | - | - | 196,000 | - | |
54/58 |
51,268 | 52,302 | 53,170 | 1,865 | 136,740 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
66,268 | 67,302 | 68,170 | 212,865 | 222,943 | |
10/15 |
66,268 | 67,302 | 68,170 | 100,152 | 99,283 | |
10/11 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
100 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
13 |
3,086 | 3,086 | 3,086 | 3,086 | 3,086 | |
130 |
3,086 | 3,086 | 3,086 | 3,086 | 3,086 | |
14 |
-86,818 | -85,784 | -84,916 | -52,934 | -53,803 | |
17/49 |
- | - | - | 112,713 | 123,660 | |
17 |
- | - | - | - | 28,500 | |
178/9 |
- | - | - | - | 28,500 | |
42/48 |
- | - | - | 112,713 | 95,160 | |
47/48 |
- | - | - | 112,713 | 95,160 | |
| Income statement | ||||||
9900 |
-984 | -935 | -32,064 | 638 | -33,296 | |
640/8 |
58 | 53 | 51 | 90 | 4,981 | |
9901 |
-1,042 | -988 | -32,115 | 548 | -38,277 | |
75/76B |
25 | 134 | 166 | 355 | 75,000 | |
75 |
25 | 134 | 166 | 355 | 75,000 | |
65/66B |
17 | 14 | 33 | 34 | 8 | |
65 |
17 | 14 | 33 | 34 | 8 | |
9903 |
-1,034 | -868 | -31,982 | 869 | 36,715 | |
67/77 |
- | - | - | - | -14 | |
9904 |
-1,034 | -868 | -31,982 | 869 | 36,729 | |
9905 |
-1,034 | -868 | -31,982 | 869 | 36,729 | |
| Appropriation of the result | ||||||
9906 |
-86,818 | -85,784 | -84,916 | -52,934 | -53,803 | |
| Document | ||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2011 (PDF), filed on 23-09-2011.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2011 | abbreviated format | 23-09-2011 | 2011-55200507 | |
| 30-06-2010 | abbreviated format | 21-12-2010 | 2010-64200253 | |
| 30-06-2009 | abbreviated format | 10-12-2009 | 2009-88300302 | |
| 30-06-2008 | abbreviated format | 19-12-2008 | 2008-86100243 | |
| 30-06-2007 | abbreviated format | 21-12-2007 | 2007-84600134 | |
| 30-06-2006 | abbreviated format | 27-12-2006 | 2006-93200122 | |
| 30-06-2005 | abbreviated format | 07-02-2006 | 2006-04500910 | |
| 30-06-2004 | abbreviated format | 23-12-2004 | 2004-87402646 | |
| 30-06-2003 | abbreviated format | 24-12-2003 | 2003-85502281 | |
| 30-06-2002 | abbreviated format | 27-12-2002 | 2002-79102304 | |
| 30-06-2001 | abbreviated format | 18-12-2001 | 2001-76502046 | |
| 30-06-2000 | abbreviated format | 07-12-2000 | 2000-74704492 | |
| 30-06-1999 | abbreviated format | 09-12-1999 | 1999-62503224 | |
| 30-06-1998 | abbreviated format | 14-12-1998 | 1998-61405116 | |
| 30-06-1997 | abbreviated format | 10-12-1997 | 1997-56205331 | |
| 30-06-1996 | abbreviated format | 06-12-1996 | 1996-52801310 |
| Line | Trend | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|
| -1,034 | -868 | 51,305 | -134,875 | - | ||
| - | - | - | 100,152 | 127,783 | ||
| 100.0% | 100.0% | 100.0% | 47.0% | 44.5% | ||
| - | - | - | 1.89 | 2.34 | ||
| - | - | - | 1.89 | 1.59 | ||
| - | - | - | 1.13 | 1.25 | ||
| -1.6% | -1.3% | -46.9% | 0.9% | 37.0% | ||
| -1.6% | -1.3% | -46.9% | 0.4% | 16.5% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2011 is a loss of €1,042, larger than the loss of €988 in 2010.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
MAX is no longer in the KBO register.
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