SOVITEC
Annual accounts 2008
full format, filed on 22-12-2009, 144 days lateAnnual accounts 2009 filed on 26-05-2010 PDF
The accounts were filed as a scan.
€11.0m
▼ 5.5%
-€1.1m
▼ €1.2m
-€357,576
▼ €1.2m
-€73.7m
▼ €56.9m
-338.5%
▼ 344.7 percentage points
0.55
▼ 0.11
Money flows
turnover is 12.5% of income in 2008Balance sheet
balance sheet total €20.4m on 31-12-2008What the company ownsHow it is paid for
in €m
in €m
Staff
€59,322
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2008, 1 person joined and 2 left. Training hours in 2008: 1,129. Agency workers: 4 on average.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2008 | 2007 | 2006 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
20.4m | 87.5m | 101.4m | |
21/28 |
14.6m | 83.2m | 96.5m | |
22/27 |
4.2m | 4.7m | 5.2m | |
22 |
968,204 | 1.1m | 1.2m | |
23 |
3.2m | 3.6m | 4.0m | |
24 |
4,140 | 2,832 | 9,762 | |
28 |
10.4m | 78.6m | 91.3m | |
280/1 |
10.4m | 78.6m | 91.2m | |
280 |
- | 68.9m | 82.1m | |
281 |
10.4m | 9.7m | 9.1m | |
284/8 |
538 | 1,462 | 860 | |
285/8 |
538 | 1,462 | 860 | |
29/58 |
5.8m | 4.3m | 4.9m | |
3 |
2.9m | 2.0m | 2.2m | |
30/36 |
2.9m | 2.0m | 2.2m | |
30/31 |
775,834 | 509,110 | 693,648 | |
32 |
32,607 | 27,333 | 4,870 | |
33 |
2.1m | 1.4m | 1.3m | |
34 |
6,573 | 11,547 | 194,990 | |
37 |
1,078 | 9,371 | 2,674 | |
40/41 |
1.7m | 1.6m | 2.3m | |
40 |
1.6m | 1.3m | 2.0m | |
41 |
95,445 | 331,140 | 314,392 | |
54/58 |
787,044 | 379,437 | 194,404 | |
490/1 |
384,605 | 348,507 | 276,197 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
20.4m | 87.5m | 101.4m | |
10/15 |
-69.1m | 5.4m | 22.9m | |
10/11 |
31.9m | 31.9m | 31.9m | |
100 |
31.9m | 31.9m | 31.9m | |
13 |
186,535 | 186,535 | 186,535 | |
130 |
186,535 | 186,535 | 186,535 | |
14 |
-101.5m | -27.0m | -9.5m | |
15 |
272,146 | 315,147 | 352,178 | |
16 |
240,711 | 241,619 | 299,398 | |
160/5 |
240,711 | 241,619 | 299,398 | |
160 |
217,711 | 235,419 | 293,198 | |
164/5 |
23,000 | 6,200 | 6,200 | |
17/49 |
89.2m | 81.9m | 78.2m | |
17 |
76.6m | 73.5m | 70.5m | |
170/4 |
76.6m | 73.5m | 70.5m | |
172 |
10,354 | - | 2,092 | |
173 |
8.8m | 10.6m | 12.2m | |
174 |
67.8m | 62.9m | 58.3m | |
42/48 |
10.6m | 6.5m | 6.1m | |
42 |
4.5m | 1.6m | 1.6m | |
43 |
2.5m | 2.5m | 2.4m | |
430/8 |
2.5m | 2.5m | 2.4m | |
44 |
3.2m | 2.0m | 1.7m | |
440/4 |
3.2m | 2.0m | 1.7m | |
46 |
- | 32,256 | - | |
45 |
432,685 | 406,465 | 409,126 | |
450/3 |
82,383 | 76,849 | 76,305 | |
454/9 |
350,302 | 329,615 | 332,821 | |
47/48 |
12,030 | 1,119 | 2,308 | |
492/3 |
2.0m | 1.9m | 1.5m | |
| Income statement | ||||
70/76A |
11.8m | 12.3m | 13.4m | |
70 |
11.0m | 11.6m | 12.9m | |
71 |
688,177 | 470,435 | 429,195 | |
76A |
5,519 | 22,204 | 6,612 | |
60/66A |
12.8m | 12.1m | 12.3m | |
60 |
4.8m | 4.3m | 4.9m | |
600/8 |
5.0m | 3.9m | 4.8m | |
609 |
-268,143 | 388,157 | 47,063 | |
61 |
5.2m | 5.0m | 4.8m | |
62 |
2.0m | 1.9m | 1.8m | |
630 |
714,372 | 714,339 | 706,042 | |
631/4 |
10,111 | 242,359 | 48,110 | |
635/8 |
-909 | -57,778 | -34,984 | |
640/8 |
147,599 | 113,010 | 116,448 | |
66A |
68.9m | 13.3m | 3.8m | |
9901 |
-1.1m | 144,889 | 1.1m | |
75/76B |
1.6m | 836,846 | 552,264 | |
75 |
1.6m | 836,846 | 552,264 | |
750 |
771,523 | 645,546 | 507,347 | |
751 |
17,036 | 7,435 | 5,305 | |
752/9 |
821,510 | 183,864 | 39,612 | |
65/66B |
6.1m | 5.2m | 4.5m | |
65 |
6.1m | 5.2m | 4.5m | |
650 |
6.0m | 5.1m | 4.4m | |
652/9 |
85,052 | 114,572 | 83,961 | |
9903 |
-74.4m | -17.5m | -6.8m | |
67/77 |
- | -2,121 | 2,334 | |
670/3 |
- | 1,109 | 2,334 | |
77 |
- | 3,230 | - | |
9904 |
-74.4m | -17.5m | -6.8m | |
9905 |
-74.4m | -17.5m | -6.8m | |
| Appropriation of the result | ||||
9906 |
-101.5m | -27.0m | -9.5m | |
| Social balance sheet | ||||
9087 |
34.4 | 32.6 | 34 | |
Agency workers1501 |
4 | 4.1 | 5.6 | |
Hours worked1013 |
55,302 | 52,504 | 47,629 | |
| Document | ||||
The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2008 (PDF), filed on 22-12-2009.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2009 | full format | 26-05-2010 | 2010-12700035 | |
| 31-12-2008 | full format | 22-12-2009 | 2009-89700139 | |
| 31-12-2007 | full format | 29-08-2008 | 2008-68300331 | |
| 31-12-2006 | full format | 20-07-2007 | 2007-42800236 | |
| 31-12-2005 | full format | 11-05-2006 | 2006-13802603 | |
| 31-12-2004 | full format | 23-06-2005 | 2005-33500881 | |
| 31-12-2003 | full format | 01-07-2004 | 2004-35700242 | |
| 31-12-2002 | unclassified schema | 17-07-2003 | 2003-43400243 | |
| 31-12-2001 | unclassified schema | 24-07-2002 | 2002-40700118 | |
| 31-12-2000 | full format | 29-06-2001 | 2001-28600126 | |
| 31-12-1999 | full format | 29-05-2000 | 2000-15500107 | |
| 31-12-1998 | unclassified schema | 09-07-1999 | 1999-31104881 | |
| 31-12-1997 | full format | 29-10-1998 | 1998-54902679 | |
| 31-12-1996 | full format | 19-09-1997 | 1997-44402702 | |
| 31-12-1995 | full format | 10-07-1996 | 1996-30700866 | |
| 31-12-1994 | full format | 20-06-1995 | 1995-26700144 | |
| 31-12-1993 | full format | 16-05-1994 | 1994-08401269 | |
| 31-12-1992 | full format | 20-07-1993 | 1993-27902398 | |
| 31-12-1991 | full format | 27-07-1992 | 1992-25003398 | |
| 31-12-1990 | full format | 30-07-1991 | 1991-20503770 | |
| 31-12-1989 | unclassified schema | 30-07-1990 | 1990-19702985 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2008 | 2007 | 2006 |
|---|---|---|---|---|
| -357,576 | 859,228 | 1.8m | ||
| -73.7m | -16.8m | -6.1m | ||
| 271,026 | 154,578 | 672,564 | ||
| 407,607 | 185,033 | - | ||
| -4.8m | -2.2m | -1.2m | ||
| -9.7% | 1.2% | 8.2% | ||
| -338.5% | 6.2% | 22.6% | ||
| 0.55 | 0.66 | 0.81 | ||
| 0.27 | 0.36 | 0.45 | ||
| - | 15.16 | 3.41 | ||
| - | -323.8% | -29.5% | ||
| -364.8% | -20.0% | -6.7% | ||
| -0.06 | 0.17 | 0.40 | ||
| 53 days | 40 days | 56 days | ||
| 117 days | 78 days | 64 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on SOVITEC
The operating result for 2008 is a loss of €1.1m, after a profit of €144,889 in 2007. It is the lowest result since 2006.
Equity is negative. Debt (€89.2m) exceeds the balance-sheet total (€20.4m).