MD Electricité
Dissolution or liquidationFinancials · financial year 2011, full format
Annual accounts 2011 filed on 28-08-2012 PDF all 2 filings
Turnover
≈ €96,000
Estimated: probably between €51,000 and €180,000
EBIT margin
Not included in this filing
Net result
-€23,771
2010 · €24,528
Working capital
€24,485▼ 21.0%
2010 · €30,984
Multi-year overview
2010 to 2011, 2 financial yearsOperating result
-€16,655
2011
20102011
Net result
-€23,771
2011
20102011
Equity
€6,956
▼ 77.4%
2011
20102011
Total assets
€50,059
▼ 37.9%
2011
20102011
Debt
€43,103
▼ 13.5%
2011
20102011
Working capital
€24,485
▼ 21.0%
2011
20102011
Staff (FTE)
no figure
2011
20102011
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011
Operating result€26,345--€16,655
Net result€24,528--€23,771
Equity€30,728-€6,956▼ 77.4%
Total assets€80,555-€50,059▼ 37.9%
Debt€49,828-€43,103▼ 13.5%
Working capital€30,984-€24,485▼ 21.0%
Staff (FTE)1-
The operating result for 2011 is a loss of €16,655, after a profit of €26,345 in 2010.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Equity and liabilities €50,059
Equity
€6,956 ▼ 77.4%
Debt
€43,103 ▼ 13.5%
Debt's share of the balance-sheet total rises from 61.9% to 86.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,445▼
2010 · €32,258
Cash flow
-€672▼
2010 · €30,441
Current ratio
1.96▼
2010 · 2.14
Debt to equity
2.52▲
2010 · 0.74
ROE
-341.7%▼
2010 · 79.8%
ROA
-47.5%▼
2010 · 30.4%
Debt ≤ 1 year
€25,574▼
2010 · €27,191
Debt > 1 year
€17,529▼
2010 · €22,637
Income taxes
€6,922
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,913 | €23,100 | ▲ 291% |
| Gross operating margin9900 | €50,456 | €26,764 | ▼ 47.0% |
| Operating profit (loss)9901 | €26,345 | -€16,655 | - |
| Recurring financial income75 | - | €14 | - |
| Recurring financial charges65 | €1,594 | €1,222 | ▼ 23.3% |
| Profit (loss) for the period before taxes9903 | €24,528 | -€16,850 | - |
| Income taxes67/77 | - | €6,922 | - |
| Profit (loss) for the period9904 | €24,528 | -€23,771 | - |
| Profit (loss) for the period to be appropriated9905 | €24,528 | -€23,771 | - |
| Line | 2010 | 2011 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €80,555 | €50,059 | ▼ 37.9% |
| Fixed assets21/28 | €22,381 | - | - |
| Tangible fixed assets22/27 | €22,381 | - | - |
| Current assets29/58 | €58,175 | €50,059 | ▼ 14.0% |
| Amounts receivable within one year40/41 | €42,013 | €15,806 | ▼ 62.4% |
| Cash at bank and in hand54/58 | €15,416 | €34,253 | ▲ 122% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €80,555 | €50,059 | ▼ 37.9% |
| Equity10/15 | €30,728 | €6,956 | ▼ 77.4% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €22,668 | -€1,104 | - |
| Amounts payable17/49 | €49,828 | €43,103 | ▼ 13.5% |
| Amounts payable after more than one year17 | €22,637 | €17,529 | ▼ 22.6% |
| Amounts payable within one year42/48 | €27,191 | €25,574 | ▼ 5.9% |
| Trade debts44 | €27,191 | €18,315 | ▼ 32.6% |
| Line | 2010 | 2011 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €24,528 | -€23,771 | - |
| + Depreciation and write-downs630 | €5,913 | €23,100 | ▲ 291% |
| Operating cash flow (approximation) | €30,441 | -€672 | - |
| Change in cash | - | €18,837 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.