UNITAS
InactiveFinancials · financial year 2011, abbreviated format
Annual accounts 2011 filed on 07-02-2012 PDF all 16 filings
Turnover
≈ €870,000
Estimated: probably between €520,000 and €1.5m
Total assets
€4.5m▲ 0.6%
2010 · €4.5m
Net result
-€12,607
2010 · €90,561
Working capital
-€2.0m▼ 12.6%
2010 · -€1.8m
Multi-year overview
2007 to 2011, 5 financial yearsOperating result
€213,167
▼ 20.1%
2011
20072011
Net result
-€12,607
2011
20072011
Equity
€923,905
▼ 1.3%
2011
20072011
Total assets
€4.5m
▲ 0.6%
2011
20072011
Debt
€3.5m
▲ 0.8%
2011
20072011
Working capital
-€2.0m
▼ 12.6%
2011
20072011
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008200920102011
Operating result€0.2m-€0.2m▼ 10.8%€0.2m▲ 19.2%€0.3m▲ 44.0%€0.2m▼ 20.1%
Net result€0.002m-€0.005m▲ 187%€0.01m▲ 157%€0.09m▲ 612%-€0.01m
Equity€0.8m-€0.8m▲ 0.6%€0.8m▲ 1.5%€0.9m▲ 10.7%€0.9m▼ 1.3%
Total assets€4.2m-€4.2m▼ 0.5%€4.4m▲ 6.2%€4.5m▲ 1.4%€4.5m▲ 0.6%
Debt€3.4m-€3.3m▼ 0.8%€3.6m▲ 7.3%€3.5m▼ 1.5%€3.5m▲ 0.8%
Working capital-€0.9m--€1.2m▼ 28.8%-€1.7m▼ 42.2%-€1.8m▼ 2.3%-€2.0m▼ 12.6%
The operating result for 2011 is 20% lower than in 2010.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €4.5m
Fixed assets
€4.3m ▲ 0.1%
Current assets
€239,488 ▲ 8.7%
Equity and liabilities €4.5m
Equity
€923,905 ▼ 1.3%
Provisions
€35,623 ▲ 38.9%
Debt
€3.5m ▲ 0.8%
Debt's share of the balance-sheet total rises from 78.5% to 78.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€308,055▼
2010 · €361,613
Cash flow
€82,282▼
2010 · €185,246
Current ratio
0.11▼
2010 · 0.11
Debt to equity
1.37▼
2010 · 1.64
ROE
-1.4%▼
2010 · 9.7%
ROA
-0.3%▼
2010 · 2.0%
Debt ≤ 1 year
€2.2m▲
2010 · €2.0m
Debt > 1 year
€1.3m▼
2010 · €1.5m
Income taxes
€26,522▼
2010 · €28,793
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €87,734 | €125,019 | €96,544 | €94,685 | €94,889 | ▲ 0.2% |
| Gross operating margin9900 | €303,247 | €314,551 | €318,967 | €401,336 | €367,965 | ▼ 8.3% |
| Operating profit (loss)9901 | €174,215 | €155,481 | €185,324 | €266,929 | €213,167 | ▼ 20.1% |
| Recurring financial income75 | €43 | €43 | €27 | €53 | €189 | ▲ 260% |
| Recurring financial charges65 | €163,944 | €146,352 | €142,405 | €121,973 | €147,644 | ▲ 21.0% |
| Profit (loss) for the period before taxes9903 | €10,314 | €9,171 | €42,947 | €145,009 | €13,883 | ▼ 90.4% |
| Income taxes67/77 | €8,590 | €4,217 | €30,225 | €28,793 | €26,522 | ▼ 7.9% |
| Profit (loss) for the period9904 | €1,724 | €4,954 | €12,722 | €90,561 | -€12,607 | - |
| Profit (loss) for the period to be appropriated9905 | €1,724 | €4,954 | €12,722 | €40,740 | -€12,546 | - |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.2m | €4.2m | €4.4m | €4.5m | €4.5m | ▲ 0.6% |
| Fixed assets21/28 | €3.8m | €4.1m | €4.4m | €4.3m | €4.3m | ▲ 0.1% |
| Tangible fixed assets22/27 | €2.2m | €2.4m | €2.3m | €2.1m | €2.0m | ▼ 3.3% |
| Financial fixed assets28 | €1.6m | €1.7m | €2.1m | €2.1m | €2.2m | ▲ 3.5% |
| Current assets29/58 | €0.4m | €0.05m | €0.05m | €0.2m | €0.2m | ▲ 8.7% |
| Amounts receivable within one year40/41 | €0.2m | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 2.5% |
| Current investments50/53 | - | - | - | - | €0.1m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.01m | €0.01m | €0.2m | €0.1m | ▼ 45.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.2m | €4.2m | €4.4m | €4.5m | €4.5m | ▲ 0.6% |
| Equity10/15 | €0.8m | €0.8m | €0.8m | €0.9m | €0.9m | ▼ 1.3% |
| Contributions10/11 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €0.05m | €0.05m | €0.07m | €0.1m | €0.1m | ▼ 0.1% |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 4.0% |
| Provisions and deferred taxes16 | - | - | - | €0.03m | €0.04m | ▲ 38.9% |
| Amounts payable17/49 | €3.4m | €3.3m | €3.6m | €3.5m | €3.5m | ▲ 0.8% |
| Amounts payable after more than one year17 | €2.1m | €2.1m | €1.8m | €1.5m | €1.3m | ▼ 17.4% |
| Amounts payable within one year42/48 | €1.3m | €1.3m | €1.8m | €2.0m | €2.2m | ▲ 12.2% |
| Trade debts44 | €169 | - | - | €37 | €52 | ▲ 41.6% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,724 | €4,954 | €12,722 | €90,561 | -€12,607 | - |
| + Depreciation and write-downs630 | €87,734 | €125,019 | €96,544 | €94,685 | €94,889 | ▲ 0.2% |
| Operating cash flow (approximation) | €89,458 | €129,973 | €109,266 | €185,246 | €82,282 | ▼ 55.6% |
| Investment in fixed assets (approximation) | - | -€405,338 | -€357,304 | €14,903 | -€100,521 | - |
| Change in cash | - | -€142,408 | -€3,867 | €170,712 | -€81,928 | - |
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 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2011 | abbreviated format | 07-02-2012 | 2012-02500371 | |
| 30-06-2010 | abbreviated format | 06-01-2011 | 2011-00300291 | |
| 30-06-2009 | abbreviated format | 22-12-2009 | 2009-89500033 | |
| 30-06-2008 | abbreviated format | 04-02-2009 | 2009-03300091 | |
| 30-06-2007 | abbreviated format | 15-01-2008 | 2008-01200026 | |
| 30-06-2006 | abbreviated format | 15-01-2007 | 2007-01204078 | |
| 30-06-2005 | abbreviated format | 12-01-2006 | 2006-01004878 | |
| 30-06-2004 | abbreviated format | 09-02-2005 | 2005-04701623 | |
| 30-06-2003 | abbreviated format | 16-03-2004 | 2004-07403251 | |
| 30-06-2002 | abbreviated format | 24-01-2003 | 2003-02403574 |