RINGOOT
InactiveFinancials · financial year 2012, abbreviated format
Annual accounts 2012 filed on 31-08-2013 PDF all 18 filings
Turnover
€70,766▼ 58.4%
2011 · €170,261
EBIT margin
-33.6%▼ 36.0pp
2011 · 2.3%
Net result
€126,504
2011 · -€75,175
Working capital
-€414,801▲ 69.9%
2011 · -€1.4m
Multi-year overview
2008 to 2012, 5 financial yearsTurnover
€70,766
▼ 58.4%
2012
20082012
Operating result
-€23,812
2012
20082012
Net result
€126,504
2012
20082012
EBIT margin
-33.6%
▼ 36.0pp
2012
20082012
Equity
€152,181
▲ 493%
2012
20082012
Total assets
€1.6m
▼ 17.3%
2012
20082012
Debt
€1.3m
▼ 29.6%
2012
20082012
Working capital
-€414,801
▲ 69.9%
2012
20082012
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20082009201020112012
Turnover€0.8m-€0.9m▲ 10.2%€0.5m▼ 48.9%€0.2m▼ 63.6%€0.07m▼ 58.4%
Operating result€0.1m-€0.1m▼ 20.7%€0.1m▲ 32.6%€0.004m▼ 96.9%-€0.02m
Net result€0.007m-€0.02m▲ 110%-€0.05m-€0.08m▼ 38.9%€0.1m
EBIT margin14.6%-10.5%▼ 4.1pp27.3%▲ 16.8pp2.3%▼ 25.0pp-33.6%▼ 36.0pp
Equity€0.05m-€0.2m▲ 234%€0.1m▼ 38.7%€0.03m▼ 74.5%€0.2m▲ 493%
Total assets€1.8m-€2.5m▲ 34.6%€2.0m▼ 20.2%€1.9m▼ 3.0%€1.6m▼ 17.3%
Debt€1.7m-€2.3m▲ 29.7%€1.8m▼ 19.2%€1.8m▲ 0.9%€1.3m▼ 29.6%
Working capital-€0.6m--€1.4m▼ 151%-€1.4m▲ 2.6%-€1.4m▼ 0.6%-€0.4m▲ 69.9%
The operating result for 2012 is a loss of €23,812, after a profit of €3,951 in 2011. It is the lowest result since 2008.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.4m ▼ 18.3%
Current assets
€131,568 ▼ 4.9%
Equity and liabilities €1.6m
Equity
€152,181 ▲ 493%
Provisions
€125,915 ▲ 247%
Debt
€1.3m ▼ 29.6%
Debt's share of the balance-sheet total falls from 96.7% to 82.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€2,578▼
2011 · €67,459
Cash flow
€147,738▲
2011 · -€11,668
Current ratio
0.24▲
2011 · 0.09
Debt to equity
4.94▼
2011 · 12.84
ROE
83.1%▲
2011 · -292.8%
ROA
8.0%▲
2011 · -3.9%
Debt ≤ 1 year
€546,369▼
2011 · €1.5m
Debt > 1 year
€752,420▲
2011 · €329,723
Income taxes
-€16,001
Customer credit
544 days▲
2011 · 240 days
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 | €830,361 | €915,452 | €467,657 | €170,261 | €70,766 | ▼ 58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €254,952 | €399,753 | €111,912 | €63,508 | €21,234 | ▼ 66.6% |
| Gross operating margin9900 | €424,283 | €542,590 | €264,323 | €78,942 | €4,609 | ▼ 94.2% |
| Operating profit (loss)9901 | €121,541 | €96,335 | €127,714 | €3,951 | -€23,812 | - |
| Recurring financial income75 | - | €19 | €7 | - | €1 | - |
| Recurring financial charges65 | €93,054 | €111,127 | €84,675 | €49,792 | €62,107 | ▲ 24.7% |
| Profit (loss) for the period before taxes9903 | €23,287 | €7,703 | -€49,378 | -€75,175 | €200,084 | - |
| Income taxes67/77 | €16,000 | -€7,608 | €4,726 | - | -€16,001 | - |
| Profit (loss) for the period9904 | €7,287 | €15,311 | -€54,104 | -€75,175 | €126,504 | - |
| Profit (loss) for the period to be appropriated9905 | €7,287 | €15,311 | -€54,104 | -€75,175 | -€47,467 | ▲ 36.9% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.5m | €2.0m | €1.9m | €1.6m | ▼ 17.3% |
| Fixed assets21/28 | €1.6m | €2.3m | €1.9m | €1.8m | €1.4m | ▼ 18.3% |
| Tangible fixed assets22/27 | €1.6m | €1.3m | €0.9m | €0.8m | €0.5m | ▼ 39.6% |
| Financial fixed assets28 | €0.002m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Current assets29/58 | €0.3m | €0.2m | €0.09m | €0.1m | €0.1m | ▼ 4.9% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.04m | €0.1m | €0.1m | ▼ 5.8% |
| Cash at bank and in hand54/58 | €0.004m | €0.001m | €0.02m | €0.002m | €0.001m | ▼ 70.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.5m | €2.0m | €1.9m | €1.6m | ▼ 17.3% |
| Equity10/15 | €0.05m | €0.2m | €0.1m | €0.03m | €0.2m | ▲ 493% |
| Contributions10/11 | €0.02m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.03m | €0.05m | €0.04m | €0.04m | €0.2m | ▲ 485% |
| Profit (loss) carried forward14 | €0.001m | €213 | -€0.05m | -€0.1m | -€0.2m | ▼ 36.9% |
| Provisions and deferred taxes16 | €0.04m | €0.04m | €0.04m | €0.04m | €0.1m | ▲ 247% |
| Amounts payable17/49 | €1.7m | €2.3m | €1.8m | €1.8m | €1.3m | ▼ 29.6% |
| Amounts payable after more than one year17 | €0.9m | €0.7m | €0.4m | €0.3m | €0.8m | ▲ 128% |
| Amounts payable within one year42/48 | €0.8m | €1.6m | €1.5m | €1.5m | €0.5m | ▼ 64.0% |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 3.5% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.007m | €0.02m | -€0.05m | -€0.08m | €0.1m | - |
| + Depreciation and write-downs630 | €0.3m | €0.4m | €0.1m | €0.06m | €0.02m | ▼ 66.6% |
| Operating cash flow (approximation) | €0.3m | €0.4m | €0.06m | -€0.01m | €0.1m | - |
| Investment in fixed assets (approximation) | - | -€1.1m | €0.3m | €0.04m | €0.3m | ▲ 574% |
| Change in cash | - | -€0.003m | €0.02m | -€0.02m | -€0.001m | ▲ 92.9% |
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 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-57300087 | |
| 31-12-2011 | abbreviated format | 25-08-2012 | 2012-46000469 | |
| 31-12-2010 | abbreviated format | 27-08-2011 | 2011-46700075 | |
| 31-12-2009 | abbreviated format | 28-09-2010 | 2010-55400169 | |
| 31-12-2008 | abbreviated format | 24-08-2009 | 2009-61200049 | |
| 31-12-2007 | abbreviated format | 30-08-2008 | 2008-69300268 | |
| 31-12-2006 | abbreviated format | 28-09-2007 | 2007-75400268 | |
| 31-12-2005 | abbreviated format | 11-10-2006 | 2006-83603528 | |
| 31-12-2004 | abbreviated format | 29-11-2005 | 2005-87600281 | |
| 31-12-2003 | abbreviated format | 25-05-2004 | 2004-16504977 |