VAN
InactiveFinancials · financial year 2012, full format
Annual accounts 2012 filed on 31-07-2013 PDF all 11 filings
Turnover
€9,851▲ 43.3%
2011 · €6,874
EBIT margin
-18.8%▲ 72.2pp
2011 · -91.0%
Net result
-€3,157▲ 23.4%
2011 · -€4,122
Working capital
-€3,583
2011 · €23,790
Trend over the years
2008 to 2012, 5 financial years 2008 to 2012, 5 financial years
The operating result for 2012 is a loss of €1,852, smaller than the loss of €6,253 in 2011.
Turnover€9,851
2012
Operating result-€1,852
2012
Net result-€3,157
2012
Total assets€11,430
2012
Equity-€3,159
2012
Debt€14,589
2012
Working capital-€3,583
2012
EBIT margin-18.8%
2012
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.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20082009201020112012
Turnover€10,231-€9,664▼ 5.5%€11,968▲ 23.8%€6,874▼ 42.6%€9,851▲ 43.3%
Operating result€5,012-€4,475▼ 10.7%€9,197▲ 106%-€6,253-€1,852▲ 70.4%
Net result€4,824-€4,366▼ 9.5%€7,231▲ 65.6%-€4,122-€3,157▲ 23.4%
EBIT margin49.0%-46.3%▼ 2.7pp76.8%▲ 30.5pp-91.0%▼ 167.8pp-18.8%▲ 72.2pp
Equity€24,742-€22,836▼ 7.7%€28,336▲ 24.1%€24,214▼ 14.5%-€3,159
Total assets€24,742-€24,801▲ 0.2%€28,336▲ 14.3%€24,573▼ 13.3%€11,430▼ 53.5%
Debt€1,965€0▼ 100%€359€14,589▲ 41×
Working capital€22,412€27,912▲ 24.5%€23,790▼ 14.8%-€3,583
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €11,430
Fixed assets
€424 =
Current assets
€11,006 ▼ 54.4%
Equity and liabilities
Equity-€3,159
Debt€14,589
Equity is negative. Debt (€14,589) exceeds the balance-sheet total (€11,430).
Key figures and ratios
Solvency
-27.6%▼
2011 · 98.5%
Current ratio
0.75▼
2011 · 67.23
Quick ratio
0.67▼
2011 · 56.64
ROA
-27.6%▼
2011 · -16.8%
Debt ≤ 1 year
€14,589▲
2011 · €359
Income taxes
€1,200
Customer credit
7 days▼
2011 · 1056 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €10,231 | €9,664 | €11,968 | €6,874 | €9,851 | ▲ 43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €400 | - | - | - | - | - |
| Gross operating margin9900 | €5,760 | €4,823 | €9,634 | -€4,619 | -€1,416 | ▲ 69.4% |
| Operating profit (loss)9901 | €5,012 | €4,475 | €9,197 | -€6,253 | -€1,852 | ▲ 70.4% |
| Recurring financial income75 | - | - | - | €2,138 | - | - |
| Recurring financial charges65 | €188 | €109 | €131 | €8 | €105 | ▲ 14× |
| Profit (loss) for the period before taxes9903 | €4,824 | €4,366 | €9,066 | -€4,122 | -€1,957 | ▲ 52.5% |
| Income taxes67/77 | - | - | €1,835 | - | €1,200 | - |
| Profit (loss) for the period9904 | €4,824 | €4,366 | €7,231 | -€4,122 | -€3,157 | ▲ 23.4% |
| Profit (loss) for the period to be appropriated9905 | €4,824 | €4,366 | €7,231 | -€2,228 | -€3,157 | ▼ 41.7% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,742 | €24,801 | €28,336 | €24,573 | €11,430 | ▼ 53.5% |
| Fixed assets21/28 | €424 | €424 | €424 | €424 | €424 | = |
| Tangible fixed assets22/27 | - | €0 | - | €0 | - | - |
| Financial fixed assets28 | €424 | €424 | €424 | €424 | €424 | = |
| Current assets29/58 | €24,318 | €24,377 | €27,912 | €24,149 | €11,006 | ▼ 54.4% |
| Stocks and contracts in progress3 | €501 | €501 | - | €3,806 | €1,290 | ▼ 66.1% |
| Amounts receivable within one year40/41 | €2,271 | €4,096 | €2,781 | €19,895 | €178 | ▼ 99.1% |
| Cash at bank and in hand54/58 | €21,546 | €19,780 | €754 | €449 | €9,539 | ▲ 21× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,742 | €24,801 | €28,336 | €24,573 | €11,430 | ▼ 53.5% |
| Equity10/15 | €24,742 | €22,836 | €28,336 | €24,214 | -€3,159 | - |
| Contributions10/11 | €17,269 | €17,269 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €4,337 | €4,337 | €2,513 | €619 | €619 | = |
| Profit (loss) carried forward14 | €3,136 | €1,230 | €7,231 | €5,003 | -€22,370 | - |
| Amounts payable17/49 | - | €1,965 | €0 | €359 | €14,589 | ▲ 41× |
| Amounts payable within one year42/48 | - | €1,965 | €0 | €359 | €14,589 | ▲ 41× |
| Trade debts44 | - | €0 | €0 | €0 | €1,607 | - |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,824 | €4,366 | €7,231 | -€4,122 | -€3,157 | ▲ 23.4% |
| + Depreciation and write-downs630 | €400 | - | - | - | - | - |
| Operating cash flow (approximation) | €5,224 | €4,366 | €7,231 | -€4,122 | -€3,157 | ▲ 23.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | ▼ 100% |
| Change in cash | - | -€1,766 | -€19,026 | -€305 | €9,090 | - |
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 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2012 | full format | 31-07-2013 | 2013-38100087 | |
| 31-12-2011 | full format | 09-08-2012 | 2012-39300006 | |
| 31-12-2010 | full format | 25-06-2011 | 2011-20900215 | |
| 31-12-2009 | full format | 22-06-2010 | 2010-19600224 | |
| 31-12-2008 | full format | 23-06-2009 | 2009-26300326 | |
| 31-12-2007 | full format | 02-07-2008 | 2008-33000322 | |
| 31-12-2006 | full format | 02-07-2008 | 2008-33000321 | |
| 31-12-2005 | full format | 07-07-2006 | 2006-43004463 | |
| 31-12-2004 | full format | 29-06-2005 | 2005-36601721 | |
| 31-12-2003 | full format | 14-03-2005 | 2005-07300106 |