WESTERDAL
InactiveFinancials · financial year 2012, abbreviated format
Equity
-€76,918▲ 86.5%
2011 · -€571,683
Total assets
€2.7m▼ 4.5%
2011 · €2.9m
Net result
€494,765▼ 34.7%
2011 · €757,727
Working capital
€2.5m▼ 3.4%
2011 · €2.6m
Trend over the years
2008 to 2012, 5 financial years 2008 to 2012, 5 financial years
The operating result falls in 2012; 2012 is 30% below 2011.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.6m
2012
Net result€0.5m
2012
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.7m
2012
Equity-€0.08m
2012
Debt€2.6m
2012
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€2.5m
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
Line20082009201020112012
Operating result-€1.3m-€0.9m€0.3m▼ 70.8%€0.9m▲ 221%€0.6m▼ 29.6%
Net result€0.4m-€0.9m▲ 97.7%€0.2m▼ 80.8%€0.8m▲ 362%€0.5m▼ 34.7%
Equity-€2.3m--€1.5m▲ 36.4%-€1.3m▲ 11.0%-€0.6m▲ 57.0%-€0.08m▲ 86.5%
Total assets€4.6m-€4.0m▼ 13.7%€3.1m▼ 20.9%€2.9m▼ 8.7%€2.7m▼ 4.5%
Debt€4.5m-€3.3m▼ 26.9%€2.3m▼ 30.4%€2.3m▲ 3.0%€2.6m▲ 11.9%
Working capital€2.5m-€3.1m▲ 26.3%€2.8m▼ 8.5%€2.6m▼ 7.8%€2.5m▼ 3.4%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €2.7m
Fixed assets
€190,068 ▼ 19.4%
Current assets
€2.6m ▼ 3.1%
Equity and liabilities
Equity-€76,918
Debt€2.6m
Equity is negative: debt (€2.6m) exceeds the balance-sheet total (€2.7m).
Key figures and ratios
EBITDA
€681,135▼
2011 · €932,452
Cash flow
€573,178▼
2011 · €833,455
Solvency
-2.8%▲
2011 · -19.9%
Current ratio
88.60
Quick ratio
19.35▼
2011 · 24.02
ROA
18.1%▼
2011 · 26.4%
Debt ≤ 1 year
€28,791▲
2011 · €23,279
Debt > 1 year
€2.6m▲
2011 · €2.3m
Income taxes
€715
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.07m | €0.08m | €0.08m | ▲ 3.5% |
| Gross operating margin9900 | -€0.07m | €0.9m | €0.5m | -€0.02m | -€0.1m | ▼ 439% |
| Operating profit (loss)9901 | -€1.3m | €0.9m | €0.3m | €0.9m | €0.6m | ▼ 29.6% |
| Recurring financial income75 | €277 | €0.002m | €249 | €124 | €91 | ▼ 26.2% |
| Recurring financial charges65 | €0.2m | €0.06m | €0.1m | €0.1m | €0.1m | ▲ 8.1% |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.9m | €0.2m | €0.8m | €0.5m | ▼ 34.6% |
| Income taxes67/77 | - | - | - | - | €0.001m | - |
| Profit (loss) for the period9904 | €0.4m | €0.9m | €0.2m | €0.8m | €0.5m | ▼ 34.7% |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.9m | €0.2m | €0.8m | €0.5m | ▼ 34.7% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €4.0m | €3.1m | €2.9m | €2.7m | ▼ 4.5% |
| Fixed assets21/28 | €0.8m | €0.6m | €0.3m | €0.2m | €0.2m | ▼ 19.4% |
| Intangible fixed assets21 | - | €0.001m | €450 | €300 | €150 | ▼ 50.0% |
| Tangible fixed assets22/27 | €0.8m | €0.6m | €0.3m | €0.2m | €0.2m | ▼ 19.4% |
| Current assets29/58 | €3.8m | €3.3m | €2.8m | €2.6m | €2.6m | ▼ 3.1% |
| Stocks and contracts in progress3 | €3.1m | €2.6m | €2.2m | €2.1m | €2.0m | ▼ 3.9% |
| Amounts receivable within one year40/41 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▲ 0.5% |
| Cash at bank and in hand54/58 | €0.07m | €0.09m | €0.06m | €0.01m | €0.003m | ▼ 80.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €4.0m | €3.1m | €2.9m | €2.7m | ▼ 4.5% |
| Equity10/15 | -€2.3m | -€1.5m | -€1.3m | -€0.6m | -€0.08m | ▲ 86.5% |
| Contributions10/11 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Profit (loss) carried forward14 | -€2.4m | -€1.6m | -€1.4m | -€0.6m | -€0.1m | ▲ 77.5% |
| Provisions and deferred taxes16 | €2.5m | €2.2m | €2.2m | €1.1m | €0.2m | ▼ 81.9% |
| Amounts payable17/49 | €4.5m | €3.3m | €2.3m | €2.3m | €2.6m | ▲ 11.9% |
| Amounts payable after more than one year17 | €2.9m | €2.9m | €2.3m | €2.3m | €2.6m | ▲ 11.8% |
| Amounts payable within one year42/48 | €1.4m | €0.2m | €0.02m | €0.02m | €0.03m | ▲ 23.7% |
| Trade debts44 | €0.02m | €0.01m | €0.008m | €0.01m | €0.01m | ▼ 13.3% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €432,158 | €854,200 | €163,887 | €757,727 | €494,765 | ▼ 34.7% |
| + Depreciation and write-downs630 | €119,061 | €119,038 | €74,289 | €75,728 | €78,412 | ▲ 3.5% |
| Operating cash flow (approximation) | €551,220 | €973,238 | €238,176 | €833,455 | €573,178 | ▼ 31.2% |
| Investment in fixed assets (approximation) | - | -€3,615 | €265,572 | -€14,975 | -€32,573 | ▼ 118% |
| Change in cash | - | €25,699 | -€34,014 | -€45,357 | -€11,399 | ▲ 74.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2012 | abbreviated format | 15-07-2013 | 2013-32000466 |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-55300601 |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-51000190 |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52900517 |
| 31-12-2008 | abbreviated format | 28-08-2009 | 2009-69000169 |
| 31-12-2007 | abbreviated format | 29-08-2008 | 2008-70300127 |
| 31-12-2006 | abbreviated format | 27-07-2007 | 2007-49600255 |
| 31-12-2005 | abbreviated format | 31-08-2006 | 2006-76700435 |
| 31-12-2004 | abbreviated format | 30-09-2005 | 2005-79601315 |
| 31-12-2003 | abbreviated format | 04-08-2004 | 2004-58203289 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.