RCLD
Open bankruptcyFinancials · financial year 2012, abbreviated format
Annual accounts 2012 filed on 12-07-2013 PDF all 25 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€0
2009 · €0
Total assets
€1.1m▼ 0.6%
2011 · €1.1m
Net result
€45,778
2011 · -€73,488
Working capital
-€190,807▲ 46.3%
2011 · -€355,584
Trend over the years
2008 to 2012, 5 financial years 2008 to 2012, 5 financial years
The operating result for 2012 is a profit of €75,711, after a loss of €220,672 in 2011.
Turnover€0
2010
Operating result€0.08m
2012
Net result€0.05m
2012
Total assets€1.1m
2012
Equity-€0.2m
2012
Debt€1.3m
2012
Working capital-€0.2m
2012
Staff (FTE)14.2
2012
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
Line20082009201020112012
Turnover€0-€0€0
Operating result€0.1m-€0.1m▲ 9.5%-€0.2m-€0.2m▼ 4.6%€0.08m
Net result€0.04m-€0.05m▲ 26.3%-€0.6m-€0.07m▲ 87.7%€0.05m
Equity€0.3m-€0.4m▲ 14.1%-€0.2m-€0.3m▼ 35.2%-€0.2m▲ 16.2%
Total assets€1.7m-€1.7m▼ 2.2%€1.4m▼ 14.4%€1.1m▼ 24.3%€1.1m▼ 0.6%
Debt€1.4m-€1.3m▼ 6.2%€1.7m▲ 27.5%€1.4m▼ 16.8%€1.3m▼ 3.8%
Working capital-€0.2m-€0.04m-€0.4m-€0.4m▲ 16.1%-€0.2m▲ 46.3%
Staff (FTE)15.4-16▲ 3.9%17.3▲ 8.1%16.7▼ 3.5%14.2▼ 15.0%
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €1.1m
Fixed assets
€277,810 ▼ 6.2%
Current assets
€807,434 ▲ 1.5%
Equity and liabilities
Equity-€236,536
Debt€1.3m
Equity is negative. Debt (€1.3m) exceeds the balance-sheet total (€1.1m).
Key figures and ratios
EBITDA
€99,402▲
2011 · -€188,282
Cash flow
€69,469▲
2011 · -€41,098
Solvency
-21.8%▲
2011 · -25.9%
Current ratio
0.81▲
2011 · 0.69
Quick ratio
0.78▲
2011 · 0.66
ROA
4.2%▲
2011 · -6.7%
Debt ≤ 1 year
€998,241▼
2011 · €1.2m
Debt > 1 year
€316,264▲
2011 · €219,878
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | €0 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,285 | €50,053 | €48,396 | €32,390 | €23,692 | ▼ 26.9% |
| Gross operating margin9900 | €692,216 | €830,517 | €524,831 | €398,357 | €573,525 | ▲ 44.0% |
| Operating profit (loss)9901 | €134,110 | €146,813 | -€210,868 | -€220,672 | €75,711 | - |
| Recurring financial income75 | €6,439 | €2,699 | €1,022 | €232 | €3,695 | ▲ 16× |
| Recurring financial charges65 | €89,545 | €87,520 | €81,339 | €34,619 | €32,625 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €50,149 | €63,235 | -€599,095 | -€73,488 | €45,778 | - |
| Income taxes67/77 | €12,074 | €15,156 | €0 | - | - | - |
| Profit (loss) for the period9904 | €38,075 | €48,079 | -€599,095 | -€73,488 | €45,778 | - |
| Profit (loss) for the period to be appropriated9905 | €38,075 | €48,079 | -€599,095 | -€298,743 | €45,778 | - |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.7m | €1.4m | €1.1m | €1.1m | ▼ 0.6% |
| Formation expenses20 | €0.003m | €0.001m | €0 | - | - | - |
| Fixed assets21/28 | €0.8m | €0.8m | €0.6m | €0.3m | €0.3m | ▼ 6.2% |
| Intangible fixed assets21 | €0.003m | €0.002m | €0.001m | €0.001m | - | - |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.6m | €0.3m | €0.2m | ▼ 6.5% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.03m | €0.03m | €0.03m | ▼ 2.0% |
| Current assets29/58 | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | ▲ 1.5% |
| Stocks and contracts in progress3 | €0.1m | €0.09m | €0.03m | €0.03m | €0.03m | ▼ 5.5% |
| Amounts receivable within one year40/41 | €0.7m | €0.7m | €0.8m | €0.7m | €0.7m | ▼ 0.5% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0.001m | €387 | €0.007m | €0.02m | €0.03m | ▲ 69.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.4m | €1.1m | €1.1m | ▼ 0.6% |
| Equity10/15 | €0.3m | €0.4m | -€0.2m | -€0.3m | -€0.2m | ▲ 16.2% |
| Contributions10/11 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | -€0.06m | -€0.02m | -€0.6m | -€0.9m | -€0.9m | ▲ 5.0% |
| Provisions and deferred taxes16 | €0 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €1.4m | €1.3m | €1.7m | €1.4m | €1.3m | ▼ 3.8% |
| Amounts payable after more than one year17 | €0.3m | €0.4m | €0.4m | €0.2m | €0.3m | ▲ 43.8% |
| Amounts payable within one year42/48 | €1.1m | €0.8m | €1.2m | €1.2m | €1.0m | ▼ 13.3% |
| Trade debts44 | €0.3m | €0.3m | €0.5m | €0.4m | €0.3m | ▼ 12.1% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,075 | €48,079 | -€599,095 | -€73,488 | €45,778 | - |
| + Depreciation and write-downs630 | €44,285 | €50,053 | €48,396 | €32,390 | €23,692 | ▼ 26.9% |
| Operating cash flow (approximation) | €82,360 | €98,132 | -€550,699 | -€41,098 | €69,469 | - |
| Investment in fixed assets (approximation) | - | -€31,505 | €118,250 | €317,420 | -€5,430 | - |
| Change in cash | - | -€1,095 | €6,975 | €10,714 | €12,553 | ▲ 17.2% |
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 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2012 | abbreviated format | 12-07-2013 | 2013-30600333 | |
| 31-12-2011 | abbreviated format | 19-07-2012 | 2012-32700396 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-47600503 | |
| 31-12-2009 | abbreviated format | 17-06-2010 | 2010-18200363 | |
| 31-12-2008 | abbreviated format | 10-07-2009 | 2009-38900349 | |
| 31-12-2007 | abbreviated format | 29-07-2008 | 2008-47400325 | |
| 31-12-2006 | abbreviated format | 30-08-2007 | 2007-64000125 | |
| 31-12-2005 | abbreviated format | 29-08-2006 | 2006-68102878 | |
| 31-12-2004 | abbreviated format | 11-08-2005 | 2005-64304658 | |
| 31-12-2003 | abbreviated format | 29-10-2004 | 2004-77301477 |