TUNCARS
BankruptcyFinancials · financial year 2013, full format
Turnover
€410,716▼ 8.4%
2011 · €448,361
EBIT margin
-8.0%▼ 21.9pp
2011 · 13.9%
Net result
-€37,825
2012 · €40,280
Working capital
-€56,802▼ 399%
2012 · -€11,379
Trend over the years
2009 to 2013, 5 financial years
The operating result stays negative: a loss of €8,956 in 2013 against €33,008 in 2012; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€410,716
2012
Operating result-€8,956
2013
Net result-€37,825
2013
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€458,719
2013
Equity€116,489
2013
Debt€342,230
2013
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€56,802
2013
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-8.0%
2012
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2012
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€448,361€410,716▼ 8.4%
Operating result€25,697-€80,946▲ 215%€62,343▼ 23.0%-€33,008-€8,956▲ 72.9%
Net result€25,697-€58,660▲ 128%€22,476▼ 61.7%€40,280▲ 79.2%-€37,825
EBIT margin13.9%-8.0%▼ 21.9pp
Equity€38,897-€102,958▲ 165%€111,033▲ 7.8%€154,313▲ 39.0%€116,489▼ 24.5%
Total assets€142,699-€193,496▲ 35.6%€457,369▲ 136%€499,129▲ 9.1%€458,719▼ 8.1%
Debt€103,802-€62,538▼ 39.8%€318,335▲ 409%€344,815▲ 8.3%€342,230▼ 0.7%
Working capital€57,331--€20,979-€161,263▼ 669%-€11,379▲ 92.9%-€56,802▼ 399%
Staff (FTE)11=1=
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €458,719
Fixed assets
€294,798 ▲ 1.4%
Current assets
€163,921 ▼ 21.4%
Equity and liabilities €458,719
Equity
€116,489 ▼ 24.5%
Debt
€342,230 ▼ 0.7%
Debt's share of the balance-sheet total rises from 69.1% to 74.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€85,267▲
2012 · €56,649
Cash flow
€56,398▼
2012 · €129,936
Current ratio
0.74▼
2012 · 0.95
Debt to equity
1.04▲
2012 · 0.81
ROE
-32.5%▼
2012 · 26.1%
ROA
-8.2%▼
2012 · 8.1%
Debt ≤ 1 year
€220,723▲
2012 · €219,899
Debt > 1 year
€121,507▼
2012 · €124,916
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 | - | - | €448,361 | €410,716 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,785 | €14,474 | €161,593 | €89,656 | €94,223 | ▲ 5.1% |
| Other operating charges640/8 | - | €207 | - | - | - | - |
| Gross operating margin9900 | €60,476 | €161,262 | €270,149 | €156,849 | €127,678 | ▼ 18.6% |
| Operating profit (loss)9901 | €25,697 | €80,946 | €62,343 | -€33,008 | -€8,956 | ▲ 72.9% |
| Recurring financial income75 | - | - | €7 | €53 | €0 | ▼ 99.4% |
| Recurring financial charges65 | - | €127 | €19,429 | €20,262 | €14,751 | ▼ 27.2% |
| Profit (loss) for the period before taxes9903 | €25,697 | €79,210 | €56,215 | €40,280 | -€37,825 | - |
| Income taxes67/77 | - | €20,550 | €33,739 | - | - | - |
| Profit (loss) for the period9904 | €25,697 | €58,660 | €22,476 | €40,280 | -€37,825 | - |
| Transfer to tax-exempt reserves689 | - | €18,750 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €25,697 | €39,910 | €22,476 | €59,030 | -€37,825 | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,699 | €193,496 | €457,369 | €499,129 | €458,719 | ▼ 8.1% |
| Fixed assets21/28 | €81,489 | €151,937 | €414,358 | €290,609 | €294,798 | ▲ 1.4% |
| Intangible fixed assets21 | €500 | - | €162,136 | €135,113 | €108,091 | ▼ 20.0% |
| Tangible fixed assets22/27 | €80,914 | €151,862 | €252,147 | €155,421 | €186,632 | ▲ 20.1% |
| Plant, machinery and equipment23 | - | €2,429 | - | - | - | - |
| Furniture and vehicles24 | - | €149,433 | - | - | - | - |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €61,210 | €41,559 | €43,010 | €208,520 | €163,921 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €16,846 | €28,211 | €39,593 | €59,289 | €163,087 | ▲ 175% |
| Trade receivables40 | - | €28,211 | - | - | - | - |
| Cash at bank and in hand54/58 | €44,363 | €13,348 | €48 | €5,452 | €835 | ▼ 84.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,699 | €193,496 | €457,369 | €499,129 | €458,719 | ▼ 8.1% |
| Equity10/15 | €38,897 | €102,958 | €111,033 | €154,313 | €116,489 | ▼ 24.5% |
| Contributions10/11 | €13,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Reserves13 | - | €20,610 | €20,610 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €18,750 | - | - | - | - |
| Profit (loss) carried forward14 | €25,697 | €63,748 | €71,823 | €133,853 | €96,029 | ▼ 28.3% |
| Provisions and deferred taxes16 | - | €28,000 | €28,000 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €28,000 | - | - | - | - |
| Amounts payable17/49 | €103,802 | €62,538 | €318,335 | €344,815 | €342,230 | ▼ 0.7% |
| Amounts payable after more than one year17 | €14,823 | - | €114,062 | €124,916 | €121,507 | ▼ 2.7% |
| Amounts payable within one year42/48 | €3,879 | €62,538 | €204,273 | €219,899 | €220,723 | ▲ 0.4% |
| Trade debts44 | €3,879 | €16,866 | €63,406 | €98,653 | €71,369 | ▼ 27.7% |
| Suppliers440/4 | - | €16,866 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €3,320 | - | - | - | - |
| Taxes450/3 | - | €3,320 | - | - | - | - |
| Other amounts payable47/48 | - | €42,352 | - | - | - | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,697 | €58,660 | €22,476 | €40,280 | -€37,825 | - |
| + Depreciation and write-downs630 | €4,785 | €14,474 | €161,593 | €89,656 | €94,223 | ▲ 5.1% |
| Operating cash flow (approximation) | €30,483 | €73,134 | €184,068 | €129,936 | €56,398 | ▼ 56.6% |
| Investment in fixed assets (approximation) | - | -€84,922 | -€424,014 | €34,093 | -€98,411 | - |
| Change in cash | - | -€31,015 | -€13,300 | €5,403 | -€4,617 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2013 | full format | 12-11-2014 | 2014-66800463 |
| 31-12-2012 | full format | 06-08-2013 | 2013-40200063 |
| 31-12-2011 | full format | 24-04-2012 | 2012-09700170 |
| 31-12-2010 | full format | 05-07-2011 | 2011-26800057 |
| 31-12-2009 | full format | 26-10-2010 | 2010-59000150 |
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Of the 940 active companies whose main activity is scheduled passenger transport by road (NACE 49310), figures are known for 493. 305 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.