UNIVAR BENELUX
InactiveInactive; last annual accounts for fiscal year 2011.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2011. Since then, 14 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2012 close31-07-2013 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 01-08-2012, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2011, full schema
Turnover
€95.23M▲ 9.5%
2010 · €86.93M
2007: €122.62M
2008: €116.57M
2009: €87.60M
2010: €86.93M
2007 → 2011
EBIT margin
-3.4%▼ 2.2pp
2010 · -1.2%
2007: -2.3%
2008: -1.4%
2009: -2.3%
2010: -1.2%
2007 → 2011
Net result
€-14.03M▼ 840%
2010 · €-1.49M
2007: €-6.05M
2008: €-2.65M
2009: €-2.65M
2010: €-1.49M
2007 → 2011
Working capital
€11.54M▼ 7.5%
2010 · €12.49M
2007: €12.95M
2008: €9.28M
2009: €7.65M
2010: €12.49M
2007 → 2011
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20072008200920102011Trend
Turnover€122.62M-€116.57M▼ 4.9%€87.60M▼ 24.9%€86.93M▼ 0.8%€95.23M▲ 9.5%
Equity€7.97M-€5.31M▼ 33.3%€2.66M▼ 49.9%€17.97M▲ 575%€3.94M▼ 78.1%
Operating result€-2.86M-€-1.59M▲ 44.3%€-2.05M▼ 28.7%€-1.04M▲ 49.3%€-3.21M▼ 209%
Net result€-6.05M-€-2.65M▲ 56.2%€-2.65M▲ 0.1%€-1.49M▲ 43.7%€-14.03M▼ 840%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3.21M in 2011 against €1.04M in 2010; the loss grows and 2011 has the lowest result in the available series.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €29.06M
Fixed assets
€3.74M ▼ 47.4%
Current assets
€25.32M ▼ 1.3%
Equity and liabilities €29.06M
Equity
€3.94M ▼ 78.1%
Provisions
€455k ▼ 48.2%
Debt
€24.66M ▲ 77.4%
Debt's share of the balance-sheet total rises from 42.4% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.10M▲
2010 · €734k
Cash flow
€-9.72M▼
2010 · €279k
Current ratio
1.84▼
2010 · 1.95
Quick ratio
1.46▼
2010 · 1.53
ROE
-355.7%▼
2010 · -8.3%
ROA
-48.3%▼
2010 · -4.6%
Debt ≤ 1 year
€13.78M▲
2010 · €13.16M
Income taxes
€532▲
2010 · €-6k
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 · 2011 against 2010 · 28 lines
Balance sheet
Code20102011
Assets
Total assets20/58€32.75M€29.06M▼
Fixed assets21/28€7.10M€3.74M▼
Intangible fixed assets21€148k€37k▼
Tangible fixed assets22/27€6.73M€3.51M▼
Financial fixed assets28€227k€197k▼
Current assets29/58€25.65M€25.32M▼
Stocks and contracts in progress3€5.53M€5.21M▼
Amounts receivable within one year40/41€17.26M€17.61M▲
Cash at bank and in hand54/58€2.56M€2.33M▼
Equity and liabilities
Total equity and liabilities10/49€32.75M€29.06M▼
Equity10/15€17.97M€3.94M▼
Contributions10/11€29.91M€29.91M=
Reserves13€913k€913k=
Profit (loss) carried forward14€-12.85M€-26.88M▼
Provisions and deferred taxes16€880k€455k▼
Amounts payable17/49€13.90M€24.66M▲
Amounts payable within one year42/48€13.16M€13.78M▲
Trade debts44€9.13M€10.31M▲
Income statement
Code20102011
Turnover70€86.93M€95.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.77M€4.30M▲
Operating profit (loss)9901€-1.04M€-3.21M▼
Recurring financial income75€55k€116k▲
Recurring financial charges65€129k€290k▲
Debt charges650€108k-
Profit (loss) for the period before taxes9903€-1.50M€-14.03M▼
Income taxes67/77€-6k€532▲
Profit (loss) for the period9904€-1.49M€-14.03M▼
Profit (loss) for the period to be appropriated9905€-1.49M€-14.03M▼
Timeline · acts, filings and financial milestones
2012
01-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 1 day late
24-05
State Gazette act
Merger · Accounting effect
Corporate purpose expansion · Capital
2011
31-12
Financial
Weakest financial yearnet €-14.03M
Net result drops to €-14.03M, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 30 days late
2010
31-12
Financial
Equity above €10MEq €17.97M ▲575%
Equity rises from €2.66M to €17.97M.
28-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
22-07
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
11-07
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
21-12
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 143 days late
2006
30-08
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 30 days late
2005
06-07
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
14-07
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
2003
20-08
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 20 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:UNIVAR BELGIUM NV