MEGA TEGELHAL
Open bankruptcyFinancials · financial year 2011, abbreviated format
Annual accounts 2011 filed on 06-03-2014 PDF all 5 filings
Turnover
€772,271
EBIT margin
0.4%
Net result
€24,264▲ 743%
2010 · €2,879
Working capital
€62,208▲ 234%
2010 · €18,599
Trend over the years
2007 to 2011, 5 financial years
The operating result for 2011 is 92% higher than in 2010. It is the second rise in a row, after the fall in 2009.
Operating result€26,868
2011
Net result€24,264
2011
Total assets€297,718
2011
Equity€64,495
2011
Debt€233,223
2011
Working capital€62,208
2011
Staff (FTE)1.4
2011
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008200920102011
Turnover€772,271
Operating result-€1,918-€28,051€3,361▼ 88.0%€13,977▲ 316%€26,868▲ 92.2%
Net result-€5,607-€15,050€2,909▼ 80.7%€2,879▼ 1.0%€24,264▲ 743%
EBIT margin0.4%
Equity€19,393-€34,443▲ 77.6%€37,352▲ 8.4%€40,231▲ 7.7%€64,495▲ 60.3%
Total assets€170,818-€267,003▲ 56.3%€226,988▼ 15.0%€272,847▲ 20.2%€297,718▲ 9.1%
Debt€151,426-€232,560▲ 53.6%€189,636▼ 18.5%€232,616▲ 22.7%€233,223▲ 0.3%
Working capital€3,348-€8,054▲ 141%€31,406▲ 290%€18,599▼ 40.8%€62,208▲ 234%
Staff (FTE)0.5-1.2▲ 140%2.4▲ 100%2.4=1.4▼ 41.7%
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €297,718
Fixed assets
€33,881 ▼ 15.3%
Current assets
€263,837 ▲ 13.3%
Equity and liabilities €297,718
Equity
€64,495 ▲ 60.3%
Debt
€233,223 ▲ 0.3%
Debt's share of the balance-sheet total falls from 85.3% to 78.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,630▲
2010 · €29,059
Cash flow
€37,026▲
2010 · €17,961
Current ratio
1.31▲
2010 · 1.09
Quick ratio
1.04▲
2010 · 0.69
Debt to equity
0.20▼
2010 · 0.46
ROE
37.6%▲
2010 · 7.2%
ROA
8.1%▲
2010 · 1.1%
Debt ≤ 1 year
€201,629▼
2010 · €214,260
Debt > 1 year
€12,910▼
2010 · €18,356
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €772,271 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,178 | €9,168 | €10,259 | €15,082 | €12,762 | ▼ 15.4% |
| Gross operating margin9900 | €17,261 | €73,368 | €105,799 | €90,016 | €95,859 | ▲ 6.5% |
| Operating profit (loss)9901 | -€1,918 | €28,051 | €3,361 | €13,977 | €26,868 | ▲ 92.2% |
| Recurring financial income75 | €3,670 | €236 | €4,189 | €976 | €403 | ▼ 58.7% |
| Recurring financial charges65 | €6,359 | €6,379 | €8,407 | €10,435 | €3,007 | ▼ 71.2% |
| Profit (loss) for the period before taxes9903 | -€5,607 | €21,908 | -€857 | €4,518 | €24,264 | ▲ 437% |
| Income taxes67/77 | €1 | €6,858 | -€3,766 | €1,639 | - | - |
| Profit (loss) for the period9904 | -€5,607 | €15,050 | €2,909 | €2,879 | €24,264 | ▲ 743% |
| Profit (loss) for the period to be appropriated9905 | -€5,607 | €15,050 | €2,909 | €2,879 | €24,264 | ▲ 743% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170,818 | €267,003 | €226,988 | €272,847 | €297,718 | ▲ 9.1% |
| Formation expenses20 | €602 | €434 | €266 | €98 | - | - |
| Fixed assets21/28 | €23,782 | €31,549 | €29,147 | €39,988 | €33,881 | ▼ 15.3% |
| Tangible fixed assets22/27 | €23,180 | €31,115 | €26,381 | €37,490 | €31,681 | ▼ 15.5% |
| Financial fixed assets28 | - | - | €2,500 | €2,400 | €2,200 | ▼ 8.3% |
| Current assets29/58 | €147,036 | €235,454 | €197,841 | €232,859 | €263,837 | ▲ 13.3% |
| Stocks and contracts in progress3 | €41,343 | €61,063 | €92,975 | €85,753 | €55,095 | ▼ 35.8% |
| Amounts receivable within one year40/41 | €103,413 | €138,802 | €101,923 | €131,337 | €196,684 | ▲ 49.8% |
| Cash at bank and in hand54/58 | - | €35,589 | €2,943 | €15,769 | €12,058 | ▼ 23.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170,818 | €267,003 | €226,988 | €272,847 | €297,718 | ▲ 9.1% |
| Equity10/15 | €19,393 | €34,443 | €37,352 | €40,231 | €64,495 | ▲ 60.3% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | - | - | - | - | €2,500 | - |
| Profit (loss) carried forward14 | -€5,607 | €9,443 | €12,352 | €15,231 | €36,995 | ▲ 143% |
| Amounts payable17/49 | €151,426 | €232,560 | €189,636 | €232,616 | €233,223 | ▲ 0.3% |
| Amounts payable after more than one year17 | €7,737 | €5,160 | €23,201 | €18,356 | €12,910 | ▼ 29.7% |
| Amounts payable within one year42/48 | €143,689 | €227,400 | €166,435 | €214,260 | €201,629 | ▼ 5.9% |
| Trade debts44 | €78,742 | €158,858 | €157,247 | €190,111 | €193,592 | ▲ 1.8% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,607 | €15,050 | €2,909 | €2,879 | €24,264 | ▲ 743% |
| + Depreciation and write-downs630 | €7,178 | €9,168 | €10,259 | €15,082 | €12,762 | ▼ 15.4% |
| Operating cash flow (approximation) | €1,571 | €24,218 | €13,168 | €17,961 | €37,026 | ▲ 106% |
| Investment in fixed assets (approximation) | - | -€16,935 | -€7,857 | -€25,923 | -€6,655 | ▲ 74.3% |
| Change in cash | - | - | -€32,646 | €12,826 | -€3,711 | - |
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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2011 | abbreviated format | 06-03-2014 | 2014-06000516 | |
| 31-12-2010 | abbreviated format | 06-03-2014 | 2014-06000522 | |
| 31-12-2009 | abbreviated format | 14-05-2012 | 2012-11600166 | |
| 31-12-2008 | abbreviated format | 27-08-2009 | 2009-68200073 | |
| 31-12-2007 | abbreviated format | 20-06-2008 | 2008-24900281 |