TEIDEM
BankruptcyFinancials · financial year 2013, full format
Annual accounts 2013 filed on 19-06-2014 PDF all 37 filings
Turnover
€3.6m▼ 9.5%
2012 · €4.0m
EBIT margin
-0.2%▼ 4.2pp
2012 · 3.9%
Net result
-€43,980
2012 · €93,958
Working capital
€601,045▼ 43.8%
2012 · €1.1m
Trend over the years
2009 to 2013, 5 financial years 2009 to 2013, 5 financial years
The operating result for 2013 is a loss of €8,902, after a profit of €157,760 in 2012. It is the lowest result since 2009.
Turnover€3.6m
2013
Operating result-€0.009m
2013
Net result-€0.04m
2013
Total assets€0.8m
2013
Equity€0.6m
2013
Debt€0.2m
2013
Working capital€0.6m
2013
EBIT margin-0.2%
2013
Staff (FTE)6.5
2013
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.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
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
Line20092010201120122013
Turnover€5.7m-€5.6m▼ 2.0%€5.8m▲ 4.6%€4.0m▼ 30.8%€3.6m▼ 9.5%
Operating result€0.6m-€0.6m▲ 16.2%€0.5m▼ 20.1%€0.2m▼ 69.2%-€0.009m
Net result€0.3m-€1.2m▲ 279%€0.3m▼ 74.5%€0.09m▼ 70.1%-€0.04m
EBIT margin9.7%-11.5%▲ 1.8pp8.8%▼ 2.7pp3.9%▼ 4.9pp-0.2%▼ 4.2pp
Equity€0.9m-€1.0m▲ 4.4%€1.0m▲ 1.7%€1.1m▲ 9.4%€0.6m▼ 43.9%
Total assets€1.1m-€2.3m▲ 109%€2.7m▲ 15.5%€2.8m▲ 4.8%€0.8m▼ 73.0%
Debt€0.2m-€1.4m▲ 668%€1.7m▲ 25.4%€1.7m▲ 1.7%€0.2m▼ 91.3%
Working capital€0.7m-€0.9m▲ 17.5%€0.9m▲ 4.1%€1.1m▲ 17.1%€0.6m▼ 43.8%
Staff (FTE)11.8-7.7▼ 34.7%6.9▼ 10.4%6.8▼ 1.4%6.5▼ 4.4%
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €764,226
Fixed assets
€25,415 ▼ 48.8%
Current assets
€738,811 ▼ 73.5%
Equity and liabilities €764,226
Equity
€614,057 ▼ 43.9%
Provisions
€0 ▼ 100%
Debt
€150,169 ▼ 91.3%
Debt's share of the balance-sheet total falls from 61.1% to 19.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16,005▼
2012 · €197,661
Cash flow
-€19,073▼
2012 · €133,859
Current ratio
5.36▲
2012 · 1.62
ROE
-7.2%▼
2012 · 8.6%
ROA
-5.8%▼
2012 · 3.3%
Interest coverage
0.17▼
2012 · 2.68
Debt ≤ 1 year
€137,766▼
2012 · €1.7m
Income taxes
€799▼
2012 · €40,445
Customer credit
63 days▼
2012 · 228 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €5.7m | €5.6m | €5.8m | €4.0m | €3.6m | ▼ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.04m | €0.05m | €0.04m | €0.02m | ▼ 37.6% |
| Operating profit (loss)9901 | €0.6m | €0.6m | €0.5m | €0.2m | -€0.009m | - |
| Recurring financial income75 | €0.006m | €0.05m | €0.09m | €0.1m | €0.1m | ▼ 5.7% |
| Recurring financial charges65 | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 7.4% |
| Debt charges650 | - | - | - | €0.07m | €0.09m | ▲ 27.7% |
| Profit (loss) for the period before taxes9903 | €0.5m | €1.8m | €0.5m | €0.1m | -€0.04m | - |
| Income taxes67/77 | €0.1m | €0.6m | €0.2m | €0.04m | €0.001m | ▼ 98.0% |
| Profit (loss) for the period9904 | €0.3m | €1.2m | €0.3m | €0.09m | -€0.04m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €1.2m | €0.3m | €0.09m | -€0.001m | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €2.3m | €2.7m | €2.8m | €0.8m | ▼ 73.0% |
| Fixed assets21/28 | €0.2m | €0.1m | €0.09m | €0.05m | €0.03m | ▼ 48.8% |
| Tangible fixed assets22/27 | €0.2m | €0.1m | €0.07m | €0.03m | €0.007m | ▼ 78.3% |
| Financial fixed assets28 | €25 | €25 | €0.02m | €0.02m | €0.02m | ▲ 1.4% |
| Current assets29/58 | €0.9m | €2.2m | €2.6m | €2.8m | €0.7m | ▼ 73.5% |
| Amounts receivable within one year40/41 | €0.3m | €2.1m | €2.5m | €2.5m | €0.6m | ▼ 75.0% |
| Cash at bank and in hand54/58 | €0.6m | €0.1m | €0.07m | €0.3m | €0.1m | ▼ 60.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €2.3m | €2.7m | €2.8m | €0.8m | ▼ 73.0% |
| Equity10/15 | €0.9m | €1.0m | €1.0m | €1.1m | €0.6m | ▼ 43.9% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Profit (loss) carried forward14 | €0.6m | €0.6m | €0.7m | €0.7m | €0.3m | ▼ 64.5% |
| Provisions and deferred taxes16 | - | - | - | €0.006m | - | - |
| Amounts payable17/49 | €0.2m | €1.4m | €1.7m | €1.7m | €0.2m | ▼ 91.3% |
| Amounts payable within one year42/48 | €0.1m | €1.3m | €1.7m | €1.7m | €0.1m | ▼ 92.0% |
| Trade debts44 | €0.02m | €0.08m | €0.08m | €0.04m | €0.05m | ▲ 13.7% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €1.2m | €0.3m | €0.09m | -€0.04m | - |
| + Depreciation and write-downs630 | €0.03m | €0.04m | €0.05m | €0.04m | €0.02m | ▼ 37.6% |
| Operating cash flow (approximation) | €0.4m | €1.3m | €0.4m | €0.1m | -€0.02m | - |
| Investment in fixed assets (approximation) | - | €0.07m | -€0.02m | -€231 | -€0.001m | ▼ 188% |
| Change in cash | - | -€0.4m | -€0.05m | €0.2m | -€0.2m | - |
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 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2013 | full format | 19-06-2014 | 2014-19300253 | |
| 31-12-2012 | full format | 04-07-2013 | 2013-27500279 | |
| 31-12-2011 | full format | 12-07-2012 | 2012-29400478 | |
| 31-12-2010 | full format | 27-10-2011 | 2011-58900478 | |
| 31-12-2009 | full format | 30-09-2010 | 2010-56300004 | |
| 31-12-2008 | full format | 23-09-2009 | 2009-77200123 | |
| 31-12-2007 | full format | 19-06-2008 | 2008-23900164 | |
| 31-12-2006 | full format | 11-06-2007 | 2007-19700213 | |
| 31-12-2005 | full format | 30-06-2006 | 2006-35300049 | |
| 31-12-2004 | full format | 28-06-2005 | 2005-33600144 |