VAN HERCK
InactiveInactive; last annual accounts for fiscal year 2011.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 29-08-2012, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2011
29 d late
2010
24 d early
2009
40 d early
2008
51 d early
2007
29 d early
2006
46 d early
2005
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2011, full schema
Turnover
€251k▼ 30.9%
2010 · €363k
2007: €700k
2008: €914k
2010: €363k
2007 → 2011
EBIT margin
2.0%▲ 0.7pp
2010 · 1.3%
2007: -10.8%
2008: 2.0%
2010: 1.3%
2007 → 2011
Net result
€11k▲ 15.8%
2010 · €9k
2007: €-66k
2008: €29k
2009: €101k
2010: €9k
2007 → 2011
Working capital
€242k▲ 4.6%
2010 · €231k
2007: €-92k
2008: €-39k
2009: €222k
2010: €231k
2007 → 2011
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20072008200920102011Trend
Turnover€700k-€914k▲ 30.6%€363k€251k▼ 30.9%
Equity€92k-€121k▲ 31.2%€222k▲ 83.4%€231k▲ 4.2%€242k▲ 4.6%
Operating result€-75k-€18k€-104k€5k€5k▲ 3.3%
Net result€-66k-€29k€101k▲ 251%€9k▼ 90.8%€11k▲ 15.8%
Result per fiscal year
Operating resultNet result
After the dip in 2009 the operating result has climbed two years in a row; 2011 is 3% above 2010.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Equity and liabilities €249k
Equity
€242k ▲ 4.6%
Debt
€6k ▼ 75.7%
Debt's share of the balance-sheet total falls from 10.4% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
38.38▲
2010 · 9.66
ROE
4.4%▲
2010 · 4.0%
ROA
4.3%▲
2010 · 3.6%
Debt ≤ 1 year
€6k▼
2010 · €27k
Income taxes
€1k▼
2010 · €2k
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 · 21 lines
Balance sheet
Code20102011
Assets
Total assets20/58€258k€249k▼
Current assets29/58€258k€249k▼
Amounts receivable within one year40/41€250k€244k▼
Cash at bank and in hand54/58€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€258k€249k▼
Equity10/15€231k€242k▲
Contributions10/11€124k€124k=
Reserves13€21k€21k=
Profit (loss) carried forward14€86k€97k▲
Amounts payable17/49€27k€6k▼
Amounts payable within one year42/48€27k€6k▼
Trade debts44€4k€5k▲
Income statement
Code20102011
Turnover70€363k€251k▼
Operating profit (loss)9901€5k€5k▲
Recurring financial income75€7k€7k▲
Recurring financial charges65€512€58▼
Debt charges650€14€58▲
Profit (loss) for the period before taxes9903€11k€12k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€9k€11k▲
Profit (loss) for the period to be appropriated9905€9k€11k▲
Timeline · acts, filings and financial milestones
2012
29-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 29 days late
05-03
State Gazette act
Merger
2011
31-12
Financial
Liquidity quadruplescurrent ratio 38.38
Current ratio from 9.66 to 38.38; short-term debt falls from €27k to €6k.
07-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Liquidity triplescurrent ratio 9.66
Current ratio from 2.80 to 9.66; short-term debt falls from €124k to €27k.
21-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
31-12
Financial
Highest result since 2007net €101k ▲251%
Net result €101k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 2.80
Current ratio from 0.90 to 2.80; short-term debt falls from €370k to €124k.
31-12
Financial
Equity above €200kEq €222k ▲83.4%
2 profitable years in a row build equity to €222k.
10-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-12
Financial
Equity above €100kEq €121k ▲31.2%
Equity rises from €92k to €121k.
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
15-06
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
29-06
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
10-06
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
30-06
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
2003
16-06
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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:B & R