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InactiveFinancials · financial year 2012, abbreviated format
Annual accounts 2012 filed on 30-08-2013 PDF all 22 filings
Turnover
≈ €370,000
Estimated: probably between €230,000 and €700,000
Total assets
€34,669▼ 89.1%
2011 · €317,070
Net result
€118,338
2011 · -€92,871
Working capital
-€103,369
2010 · €3,342
Multi-year overview
2008 to 2012, 5 financial yearsOperating result
€115,231
2012
20082012
Net result
€118,338
2012
20082012
Equity
€34,355
2012
20082012
Total assets
€34,669
▼ 89.1%
2012
20082012
Debt
€314
▼ 99.9%
2012
20082012
Working capital
no figure
2012
20082012
Staff (FTE)
no figure
2012
20082012
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20082009201020112012
Operating result-€482--€703▼ 46.0%-€1,569▼ 123%-€92,871▼ 5,818%€115,231
Net result-€494--€703▼ 42.3%-€3,631▼ 416%-€92,871▼ 2,458%€118,338
Equity-€11,094-€12,519€8,888▼ 29.0%-€83,983€34,355
Total assets€24,316€100,683▲ 314%€317,070▲ 215%€34,669▼ 89.1%
Debt€11,094-€11,797▲ 6.3%€91,795▲ 678%€401,053▲ 337%€314▼ 99.9%
Working capital€12,519€3,342▼ 73.3%-€103,369
Staff (FTE)3.7
The operating result for 2012 is a profit of €115,231, after a loss of €92,871 in 2011. It is the highest result since 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
Equity and liabilities €34,669
Equity
€34,355
Debt
€314
Debt's share of the balance-sheet total is 0.9%.
Key figures and ratios
EBITDA
€141,871▲
2011 · -€82,369
Cash flow
€144,978▲
2011 · -€82,369
ROE
344.5%
ROA
341.3%▲
2011 · -29.3%
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2011 |
|---|---|
| Tangible fixed assets | €24,536 |
| Depreciation and write-downs of the year | €10,502 |
Source: notes to the 2011 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €4,079 | €10,502 | €26,640 | ▲ 154% |
| Other operating charges640/8 | - | - | - | €4,995 | - | - |
| Gross operating margin9900 | -€134 | -€356 | €113,276 | -€77,374 | €145,939 | - |
| Operating profit (loss)9901 | -€482 | -€703 | -€1,569 | -€92,871 | €115,231 | - |
| Recurring financial income75 | - | €3 | - | - | €3,587 | - |
| Recurring financial charges65 | €12 | €3 | €2,062 | - | €480 | - |
| Profit (loss) for the period before taxes9903 | -€494 | -€703 | -€3,631 | -€92,871 | €118,338 | - |
| Profit (loss) for the period9904 | -€494 | -€703 | -€3,631 | -€92,871 | €118,338 | - |
| Profit (loss) for the period to be appropriated9905 | -€494 | -€703 | -€3,631 | -€92,871 | €118,338 | - |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | - | €24,316 | €100,683 | €317,070 | €34,669 | ▼ 89.1% |
| Fixed assets21/28 | - | - | €6,025 | €20,179 | - | - |
| Intangible fixed assets21 | - | - | €1,332 | €667 | - | - |
| Tangible fixed assets22/27 | - | - | €4,693 | €19,512 | - | - |
| Furniture and vehicles24 | - | - | - | €19,512 | - | - |
| Current assets29/58 | - | €24,316 | €94,658 | €296,891 | €34,669 | ▼ 88.3% |
| Amounts receivable within one year40/41 | - | - | €69,759 | €278,305 | €16,243 | ▼ 94.2% |
| Trade receivables40 | - | - | - | €249,548 | - | - |
| Other amounts receivable41 | - | - | - | €28,757 | - | - |
| Cash at bank and in hand54/58 | - | €24,316 | €13,843 | €7,530 | €18,426 | ▲ 145% |
| Deferred charges and accrued income490/1 | - | - | - | €11,056 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | - | €24,316 | €100,683 | €317,070 | €34,669 | ▼ 89.1% |
| Equity10/15 | -€11,094 | €12,519 | €8,888 | -€83,983 | €34,355 | - |
| Contributions10/11 | €37,184 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | - | - |
| Issued capital100 | - | - | - | €61,500 | - | - |
| Profit (loss) carried forward14 | -€48,278 | -€48,981 | -€52,612 | -€145,483 | -€27,145 | ▲ 81.3% |
| Amounts payable17/49 | €11,094 | €11,797 | €91,795 | €401,053 | €314 | ▼ 99.9% |
| Amounts payable after more than one year17 | - | - | €480 | €480 | - | - |
| Financial debts170/4 | - | - | - | €480 | - | - |
| Amounts payable within one year42/48 | €11,094 | €11,797 | €91,315 | €400,260 | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,779 | - | - |
| Trade debts44 | - | - | €85,868 | €397,481 | - | - |
| Suppliers440/4 | - | - | - | €397,481 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €313 | - | - |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€494 | -€703 | -€3,631 | -€92,871 | €118,338 | - |
| + Depreciation and write-downs630 | - | - | €4,079 | €10,502 | €26,640 | ▲ 154% |
| Operating cash flow (approximation) | -€494 | -€703 | €448 | -€82,369 | €144,978 | - |
| Investment in fixed assets (approximation) | - | - | - | -€24,656 | - | - |
| Change in cash | - | - | -€10,473 | -€6,313 | €10,896 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-50700367 | |
| 31-12-2011 | abbreviated format | 30-08-2013 | 2013-50300453 | |
| 31-12-2010 | abbreviated format | 31-01-2012 | 2012-02600385 | |
| 31-12-2009 | abbreviated format | 15-08-2010 | 2010-42300560 | |
| 31-12-2008 | abbreviated format | 25-08-2009 | 2009-61300005 | |
| 31-12-2007 | abbreviated format | 25-07-2008 | 2008-45600349 | |
| 31-12-2006 | abbreviated format | 26-07-2007 | 2007-46400277 | |
| 31-12-2005 | abbreviated format | 06-07-2006 | 2006-40804031 | |
| 31-12-2004 | abbreviated format | 18-07-2005 | 2005-49503998 | |
| 31-12-2003 | abbreviated format | 01-07-2004 | 2004-39404766 |