RIBO
InactiveFinancials · financial year 2009, abbreviated format
Equity
€20,338▼ 80.1%
2008 · €102,021
Total assets
€1.0m▲ 6.3%
2008 · €975,591
Net result
-€81,683▼ 323%
2008 · -€19,303
Working capital
-€228,463▼ 186%
2008 · -€79,911
Trend over the years
2006 to 2009, 4 financial years 2006 to 2009, 4 financial years
The operating result turns negative in 2009: a loss of €55,144 after €18,324 in 2008, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.06m
2009
Net result-€0.08m
2009
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2009
Equity€0.02m
2009
Debt€1.0m
2009
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2009
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2006200720082009
Operating result€0.001m--€0.03m€0.02m-€0.06m
Net result-€0.01m-€0.3m-€0.02m-€0.08m▼ 323%
Equity-€0.2m-€0.1m€0.1m▼ 15.9%€0.02m▼ 80.1%
Total assets€0.2m-€0.7m▲ 350%€1.0m▲ 43.3%€1.0m▲ 6.3%
Debt€0.3m-€0.6m▲ 65.6%€0.9m▲ 56.2%€1.0m▲ 16.4%
Working capital-€0.1m--€0.05m▲ 62.1%-€0.08m▼ 46.6%-€0.2m▼ 186%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €1.0m
Fixed assets
€1.0m ▲ 10.3%
Current assets
€8,857 ▼ 79.8%
Equity and liabilities €1.0m
Equity
€20,338 ▼ 80.1%
Debt
€1.0m ▲ 16.4%
Debt's share of the balance-sheet total rises from 89.5% to 98.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12,692▼
2008 · €19,632
Cash flow
-€13,846▲
2008 · -€17,995
Current ratio
0.04▼
2008 · 0.35
Quick ratio
0.03▼
2008 · 0.11
Debt to equity
38.31▲
2008 · 7.35
ROE
-401.6%▼
2008 · -18.9%
ROA
-7.9%▼
2008 · -2.0%
Debt ≤ 1 year
€237,320▲
2008 · €123,723
Debt > 1 year
€779,117▲
2008 · €749,847
Income taxes
-€13▼
2008 · €14
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 | €22,389 | €32,112 | €1,307 | €67,836 | ▲ 5,088% |
| Gross operating margin9900 | €25,689 | €704 | €24,099 | €15,181 | ▼ 37.0% |
| Operating profit (loss)9901 | €586 | -€33,963 | €18,324 | -€55,144 | - |
| Recurring financial income75 | - | €171 | €91 | €11 | ▼ 88.0% |
| Recurring financial charges65 | €14,647 | €20,440 | €37,704 | €40,482 | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | -€14,061 | €307,736 | -€19,289 | -€81,696 | ▼ 324% |
| Income taxes67/77 | - | €1 | €14 | -€13 | - |
| Profit (loss) for the period9904 | -€14,061 | €307,735 | -€19,303 | -€81,683 | ▼ 323% |
| Profit (loss) for the period to be appropriated9905 | -€14,061 | €307,735 | -€19,303 | -€81,683 | ▼ 323% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €0.2m | €0.7m | €1.0m | €1.0m | ▲ 6.3% |
| Fixed assets21/28 | €0.1m | €0.6m | €0.9m | €1.0m | ▲ 10.3% |
| Tangible fixed assets22/27 | €0.1m | €0.6m | €0.9m | €1.0m | ▲ 10.3% |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.002m | €0.04m | €0.04m | €0.009m | ▼ 79.8% |
| Stocks and contracts in progress3 | - | - | €0.03m | €0.002m | ▼ 92.9% |
| Amounts receivable within one year40/41 | €0.001m | €0.006m | €0.008m | €0.006m | ▼ 18.3% |
| Cash at bank and in hand54/58 | €81 | €0.03m | €0.003m | €423 | ▼ 86.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0.2m | €0.7m | €1.0m | €1.0m | ▲ 6.3% |
| Equity10/15 | -€0.2m | €0.1m | €0.1m | €0.02m | ▼ 80.1% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €154 | €154 | €154 | €154 | = |
| Profit (loss) carried forward14 | -€0.3m | -€0.03m | -€0.05m | -€0.1m | ▼ 174% |
| Amounts payable17/49 | €0.3m | €0.6m | €0.9m | €1.0m | ▲ 16.4% |
| Amounts payable after more than one year17 | €0.2m | €0.5m | €0.7m | €0.8m | ▲ 3.9% |
| Amounts payable within one year42/48 | €0.1m | €0.09m | €0.1m | €0.2m | ▲ 91.8% |
| Trade debts44 | €0.01m | €0.01m | €0.07m | €0.1m | ▲ 83.6% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,061 | €307,735 | -€19,303 | -€81,683 | ▼ 323% |
| + Depreciation and write-downs630 | €22,389 | €32,112 | €1,307 | €67,836 | ▲ 5,088% |
| Operating cash flow (approximation) | €8,328 | €339,847 | -€17,995 | -€13,846 | ▲ 23.1% |
| Investment in fixed assets (approximation) | - | -€527,695 | -€287,744 | -€163,975 | ▲ 43.0% |
| Change in cash | - | €28,973 | -€25,982 | -€2,648 | ▲ 89.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2009 | abbreviated format | 14-06-2010 | 2010-17500032 |
| 31-12-2008 | abbreviated format | 23-09-2009 | 2009-76800114 |
| 31-12-2007 | abbreviated format | 17-10-2008 | 2008-78600272 |
| 31-12-2006 | abbreviated format | 05-06-2007 | 2007-18900227 |
| 31-12-2005 | abbreviated format | 09-06-2006 | 2006-22203683 |
| 31-12-2004 | abbreviated format | 27-06-2005 | 2005-34201736 |
| 31-12-2003 | abbreviated format | 04-06-2004 | 2004-20102122 |
| 31-12-2002 | abbreviated format | 26-06-2003 | 2003-31202322 |
| 31-12-2001 | abbreviated format | 27-06-2002 | 2002-28301385 |
| 31-12-2000 | abbreviated format | 18-07-2001 | 2001-39402271 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.