ONE
InactiveFinancials · financial year 2009, abbreviated format
Annual accounts 2009 filed on 01-04-2010 PDF all 9 filings
Turnover
≈ €210,000
Estimated: probably between €130,000 and €400,000
Total assets
€770,014▼ 19.1%
2008 · €951,735
Net result
€4,389▼ 96.0%
2008 · €108,453
Working capital
€118,510▼ 83.6%
2008 · €724,378
Multi-year overview
2006 to 2009, 4 financial yearsOperating result
€68,853
▼ 46.6%
2009
20062009
Net result
€4,389
▼ 96.0%
2009
20062009
Equity
€80,474
▲ 5.8%
2009
20062009
Total assets
€770,014
▼ 19.1%
2009
20062009
Debt
€689,540
▼ 21.3%
2009
20062009
Working capital
€118,510
▼ 83.6%
2009
20062009
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2006200720082009
Operating result-€15,626--€29,601▼ 89.4%€128,891€68,853▼ 46.6%
Net result-€15,654--€33,803▼ 116%€108,453€4,389▼ 96.0%
Equity€1,435--€32,368€76,085€80,474▲ 5.8%
Total assets€97,130-€706,349▲ 627%€951,735▲ 34.7%€770,014▼ 19.1%
Debt€95,695-€738,718▲ 672%€875,650▲ 18.5%€689,540▼ 21.3%
Working capital-€91,277--€43,199▲ 52.7%€724,378€118,510▼ 83.6%
The operating result for 2009 is 47% lower than in 2008.
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
2009 in colour, 2008 as the grey bar beneath
Assets €770,014
Fixed assets
€112,598 ▲ 22×
Current assets
€657,416 ▼ 30.5%
Equity and liabilities €770,014
Equity
€80,474 ▲ 5.8%
Debt
€689,540 ▼ 21.3%
Debt's share of the balance-sheet total falls from 92.0% to 89.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71,417▼
2008 · €131,454
Cash flow
€6,952▼
2008 · €111,017
Current ratio
1.22▼
2008 · 4.26
Quick ratio
0.08▼
2008 · 2.79
Debt to equity
1.87▼
2008 · 8.59
ROE
5.5%▼
2008 · 142.5%
ROA
0.6%▼
2008 · 11.4%
Debt ≤ 1 year
€538,906▲
2008 · €222,196
Debt > 1 year
€150,634▼
2008 · €653,454
Income taxes
€26,288▲
2008 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,466 | €2,466 | €2,563 | €2,563 | = |
| Gross operating margin9900 | -€12,330 | -€23,929 | €140,172 | €75,617 | ▼ 46.1% |
| Operating profit (loss)9901 | -€15,626 | -€29,601 | €128,891 | €68,853 | ▼ 46.6% |
| Recurring financial income75 | €1 | €5 | €54 | €13 | ▼ 75.3% |
| Recurring financial charges65 | €29 | €4,208 | €20,491 | €38,190 | ▲ 86.4% |
| Profit (loss) for the period before taxes9903 | -€15,654 | -€33,803 | €108,453 | €30,676 | ▼ 71.7% |
| Income taxes67/77 | - | - | €0 | €26,288 | ▲ 175,250× |
| Profit (loss) for the period9904 | -€15,654 | -€33,803 | €108,453 | €4,389 | ▼ 96.0% |
| Profit (loss) for the period to be appropriated9905 | -€15,654 | -€33,803 | €108,453 | €4,389 | ▼ 96.0% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €97,130 | €706,349 | €951,735 | €770,014 | ▼ 19.1% |
| Fixed assets21/28 | €92,712 | €692,564 | €5,161 | €112,598 | ▲ 22× |
| Tangible fixed assets22/27 | €92,712 | €692,564 | €2,661 | €110,098 | ▲ 41× |
| Financial fixed assets28 | - | - | €2,500 | €2,500 | = |
| Current assets29/58 | €4,418 | €13,785 | €946,574 | €657,416 | ▼ 30.5% |
| Stocks and contracts in progress3 | - | - | €327,000 | €611,854 | ▲ 87.1% |
| Amounts receivable within one year40/41 | €4,270 | €13,555 | €619,247 | €44,513 | ▼ 92.8% |
| Cash at bank and in hand54/58 | €148 | €231 | €327 | €1,049 | ▲ 221% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €97,130 | €706,349 | €951,735 | €770,014 | ▼ 19.1% |
| Equity10/15 | €1,435 | -€32,368 | €76,085 | €80,474 | ▲ 5.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €8,244 | €8,244 | €8,244 | €8,244 | = |
| Profit (loss) carried forward14 | -€25,409 | -€59,213 | €49,241 | €53,629 | ▲ 8.9% |
| Amounts payable17/49 | €95,695 | €738,718 | €875,650 | €689,540 | ▼ 21.3% |
| Amounts payable after more than one year17 | - | €665,114 | €653,454 | €150,634 | ▼ 76.9% |
| Amounts payable within one year42/48 | €95,695 | €56,985 | €222,196 | €538,906 | ▲ 143% |
| Trade debts44 | €15,579 | €56,985 | €44,758 | €99,649 | ▲ 123% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,654 | -€33,803 | €108,453 | €4,389 | ▼ 96.0% |
| + Depreciation and write-downs630 | €2,466 | €2,466 | €2,563 | €2,563 | = |
| Operating cash flow (approximation) | -€13,189 | -€31,338 | €111,017 | €6,952 | ▼ 93.7% |
| Investment in fixed assets (approximation) | - | -€602,318 | €684,840 | -€110,000 | - |
| Change in cash | - | €83 | €96 | €722 | ▲ 650% |
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 (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2009 | abbreviated format | 01-04-2010 | 2010-08300099 | |
| 31-12-2008 | abbreviated format | 27-02-2009 | 2009-05800248 | |
| 31-12-2007 | abbreviated format | 25-06-2008 | 2008-26600380 | |
| 31-12-2006 | abbreviated format | 23-07-2007 | 2007-43500010 | |
| 31-12-2005 | abbreviated format | 10-07-2006 | 2006-42804598 | |
| 31-12-2004 | abbreviated format | 20-07-2005 | 2005-52703880 | |
| 31-12-2003 | abbreviated format | 02-08-2004 | 2004-57600585 | |
| 31-12-2002 | abbreviated format | 04-08-2003 | 2003-59700938 | |
| 31-12-2001 | abbreviated format | 01-07-2002 | 2002-31104334 |