SITA PAPER
InactiveInactive; last annual accounts for fiscal year 2012.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 31-07-2013, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2012
on the day
2011
19 d early
2010
19 d early
2009
31 d early
2008
31 d early
2007
70 d early
2006
88 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2012, full schema
Turnover
€47.42M▼ 13.8%
2011 · €55.03M
2008: €10.97M
2009: €11.84M
2010: €36.61M
2011: €55.03M
2008 → 2012
EBIT margin
0.4%▲ 1.0pp
2011 · -0.6%
2008: 6.6%
2009: 4.3%
2010: -0.7%
2011: -0.6%
2008 → 2012
Net result
€167k
2011 · €-320k
2008: €543k
2009: €671k
2010: €-240k
2011: €-320k
2008 → 2012
Working capital
€-893k▲ 37.9%
2011 · €-1.44M
2008: €2.12M
2009: €-793k
2010: €-1.24M
2011: €-1.44M
2008 → 2012
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20082009201020112012Trend
Turnover€10.97M-€11.84M▲ 7.9%€36.61M▲ 209%€55.03M▲ 50.3%€47.42M▼ 13.8%
Equity€3.41M-€976k▼ 71.3%€736k▼ 24.6%€416k▼ 43.5%€583k▲ 40.3%
Operating result€722k-€506k▼ 29.9%€-252k€-304k▼ 20.5%€190k
Net result€543k-€671k▲ 23.6%€-240k€-320k▼ 33.6%€167k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2012: €190k after a loss of €304k in 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €8.26M
Fixed assets
€1.61M ▼ 13.4%
Current assets
€6.65M ▲ 20.5%
Equity and liabilities €8.26M
Equity
€583k ▲ 40.3%
Provisions
€120k
Debt
€7.56M ▲ 8.6%
Debt's share of the balance-sheet total falls from 94.4% to 91.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€519k▲
2011 · €18k
Cash flow
€496k▲
2011 · €2k
Current ratio
0.88▲
2011 · 0.79
Quick ratio
0.85▲
2011 · 0.75
ROE
28.7%▲
2011 · -77.1%
ROA
2.0%▲
2011 · -4.3%
Interest coverage
164.12▲
2011 · 2.11
Debt ≤ 1 year
€7.55M▲
2011 · €6.96M
Income taxes
€182▲
2011 · €-520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2012 against 2011 · 28 lines
Balance sheet
Code20112012
Assets
Total assets20/58€7.38M€8.26M▲
Fixed assets21/28€1.86M€1.61M▼
Intangible fixed assets21€208k€149k▼
Tangible fixed assets22/27€1.65M€1.46M▼
Financial fixed assets28€375€375=
Current assets29/58€5.52M€6.65M▲
Stocks and contracts in progress3€287k€256k▼
Amounts receivable within one year40/41€5.23M€6.39M▲
Cash at bank and in hand54/58€1k€923▼
Equity and liabilities
Total equity and liabilities10/49€7.38M€8.26M▲
Equity10/15€416k€583k▲
Contributions10/11€412k€412k=
Reserves13€151k€161k▲
Profit (loss) carried forward14€-148k€10k▲
Provisions and deferred taxes16-€120k
Amounts payable17/49€6.96M€7.56M▲
Amounts payable within one year42/48€6.96M€7.55M▲
Trade debts44€6.07M€7.40M▲
Income statement
Code20112012
Turnover70€55.03M€47.42M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€322k€329k▲
Operating profit (loss)9901€-304k€190k▲
Recurring financial income75€11k€9k▼
Recurring financial charges65€28k€31k▲
Debt charges650€9k€3k▼
Profit (loss) for the period before taxes9903€-321k€168k▲
Income taxes67/77€-520€182▲
Profit (loss) for the period9904€-320k€167k▲
Profit (loss) for the period to be appropriated9905€-320k€158k▲
Timeline · acts, filings and financial milestones
2013
28-08
State Gazette act
General meeting · Merger
Approval · Director discharge
31-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
31-12
Financial
Back to profitnet €167k
Net result €167k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €583k ▲40.3%
Equity rises from €416k to €583k.
12-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
31-12
Financial
Weakest financial yearnet €-320k
Net result drops to €-320k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
30-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
31-12
Financial
Highest result since 2008net €671k ▲23.6%
Net result €671k, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
22-05
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
04-05
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
Show earlier events
2006
22-05
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
01-07
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
21-06
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:SITA WASTE SERVICES