HEMERA
InactiveInactive; last annual accounts for fiscal year 2012.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 27-04-2012 was due by 27-11-2012 and was filed on 26-10-2012, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2012
32 d early
2011
13 d late
2010
68 d late
2009
31 d late
2008
28 d late
2007
29 d late
2006
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2012, full schema
Turnover
€164k▼ 62.4%
2011 · €438k
2011: €438k
2012: €164k▼ -62.4% vs 2011
2011 → 2012
EBIT margin
60.2%▲ 1.8pp
2011 · 58.5%
2011: 58.5%
2012: 60.2%▲ +3.0% vs 2011
2011 → 2012
Net result
€-258k▼ 920%
2011 · €-25k
2008: €4khighest in 5 years
2009: €-24k▼ -687% vs 2008
2010: €-35k▼ -43.9% vs 2009
2011: €-25k▲ +27.8% vs 2010
2012: €-258k▼ -920% vs 2011lowest in 5 years
2008 → 2012
Working capital
€-223k
2011 · €77k
2008: €56k
2009: €-109k▼ -296% vs 2008
2010: €-2.87M▼ -2525% vs 2009lowest in 5 years
2011: €77k▲ +103% vs 2010highest in 5 years
2012: €-223k▼ -389% vs 2011
2008 → 2012
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20082009201020112012Trend
Turnover€438k€164k▼ 62.4%
2011: €438k
2012: €164k▼ -62.4% vs 2011
Equity€56k-€419k▲ 652%€384k▼ 8.4%€359k▼ 6.6%€101k▼ 72.0%
2008: €56klowest in 5 years
2009: €419k▲ +652% vs 2008highest in 5 years
2010: €384k▼ -8.4% vs 2009
2011: €359k▼ -6.6% vs 2010
2012: €101k▼ -72.0% vs 2011
Operating result€816-€-26k€-18k▲ 28.9%€256k€99k▼ 61.3%
2008: €816
2009: €-26k▼ -3232% vs 2008lowest in 5 years
2010: €-18k▲ +28.9% vs 2009
2011: €256k▲ +1508% vs 2010highest in 5 years
2012: €99k▼ -61.3% vs 2011
Net result€4k-€-24k€-35k▼ 43.9%€-25k▲ 27.8%€-258k▼ 920%
2008: €4khighest in 5 years
2009: €-24k▼ -687% vs 2008
2010: €-35k▼ -43.9% vs 2009
2011: €-25k▲ +27.8% vs 2010
2012: €-258k▼ -920% vs 2011lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2012; 2012 is 61% below 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €5.31M
Fixed assets
€5.15M ▼ 1.1%
Current assets
€164k ▲ 31.6%
Equity and liabilities €5.31M
Equity
€101k ▼ 72.0%
Debt
€5.21M ▲ 4.8%
Debt's share of the balance-sheet total rises from 93.3% to 98.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€159k▼
2011 · €427k
Cash flow
€-198k▼
2011 · €146k
Current ratio
0.42▼
2011 · 2.61
Debt to equity
47.94▲
2011 · 13.73
ROE
-256.6%▼
2011 · -7.1%
ROA
-4.9%▼
2011 · -0.5%
Interest coverage
8.35▲
2011 · 5.49
Debt ≤ 1 year
€388k▲
2011 · €48k
Debt > 1 year
€4.83M▼
2011 · €4.93M
Income taxes
€338k▲
2011 · €1
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 · 2012 against 2011 · 23 lines
Balance sheet
Code20112012
Assets
Total assets20/58€5.33M€5.31M▼
Fixed assets21/28€5.21M€5.15M▼
Tangible fixed assets22/27€5.21M€5.15M▼
Current assets29/58€125k€164k▲
Amounts receivable within one year40/41€125k€164k▲
Equity and liabilities
Total equity and liabilities10/49€5.33M€5.31M▼
Equity10/15€359k€101k▼
Contributions10/11€450k€450k=
Profit (loss) carried forward14€-91k€-349k▼
Amounts payable17/49€4.98M€5.21M▲
Amounts payable after more than one year17€4.93M€4.83M▼
Amounts payable within one year42/48€48k€388k▲
Trade debts44€48k€50k▲
Income statement
Code20112012
Turnover70€438k€164k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171k€60k▼
Operating profit (loss)9901€256k€99k▼
Recurring financial income75€13k-
Recurring financial charges65€294k€19k▼
Debt charges650€78k€19k▼
Profit (loss) for the period before taxes9903€-25k€80k▲
Income taxes67/77€1€338k▲
Profit (loss) for the period9904€-25k€-258k▼
Profit (loss) for the period to be appropriated9905€-25k€-258k▼
Accounts by statement
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €438k | €164k | ▼ 62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €22k | - | €171k | €60k | ▼ 64.9% |
| Gross operating margin9900 | €2k | €-3k | €-17k | - | - | - |
| Operating profit (loss)9901 | €816 | €-26k | €-18k | €256k | €99k | ▼ 61.3% |
| Recurring financial income75 | €7k | €6k | €37k | €13k | - | - |
| Recurring financial charges65 | €248 | €5k | €76k | €294k | €19k | ▼ 93.5% |
| Debt charges650 | - | - | - | €78k | €19k | ▼ 75.5% |
| Profit (loss) for the period before taxes9903 | €4k | €-24k | €-35k | €-25k | €80k | ▲ 415% |
| Income taxes67/77 | - | - | - | €1 | €338k | ▲ 28,898,738% |
| Profit (loss) for the period9904 | €4k | €-24k | €-35k | €-25k | €-258k | ▼ 920% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-24k | €-35k | €-25k | €-258k | ▼ 920% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €206k | €614k | €5.26M | €5.33M | €5.31M | ▼ 0.4% |
| Fixed assets21/28 | €19 | €532k | €5.26M | €5.21M | €5.15M | ▼ 1.1% |
| Tangible fixed assets22/27 | - | €532k | €5.26M | €5.21M | €5.15M | ▼ 1.1% |
| Financial fixed assets28 | €19 | - | - | - | - | - |
| Current assets29/58 | €206k | €81k | €2k | €125k | €164k | ▲ 31.6% |
| Amounts receivable within one year40/41 | €1k | €2k | €2k | €125k | €164k | ▲ 31.6% |
| Cash at bank and in hand54/58 | €205k | €80k | €678 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €206k | €614k | €5.26M | €5.33M | €5.31M | ▼ 0.4% |
| Equity10/15 | €56k | €419k | €384k | €359k | €101k | ▼ 72.0% |
| Contributions10/11 | €62k | €450k | €450k | €450k | €450k | = |
| Profit (loss) carried forward14 | €-6k | €-31k | €-66k | €-91k | €-349k | ▼ 284% |
| Amounts payable17/49 | €150k | €194k | €4.88M | €4.98M | €5.21M | ▲ 4.8% |
| Amounts payable after more than one year17 | - | - | €2.00M | €4.93M | €4.83M | ▼ 2.1% |
| Amounts payable within one year42/48 | €150k | €191k | €2.87M | €48k | €388k | ▲ 710% |
| Trade debts44 | - | €74k | €960k | €48k | €50k | ▲ 3.5% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-24k | €-35k | €-25k | €-258k | ▼ 920% |
| + Depreciation and write-downs630 | - | €22k | - | €171k | €60k | ▼ 64.9% |
| Operating cash flow (approximation) | €4k | €-2k | €-35k | €146k | €-198k | ▼ 236% |
| Investment in fixed assets (approximation) | - | €-554k | €-4.73M | €-121k | €-216 | ▲ 99.8% |
| Change in cash | - | €-125k | €-79k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2012
26-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
13-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 13 days late
27-04
Financial
Weakest financial yearnet €-258k
Net result drops to €-258k, the lowest in the series.
27-03
State Gazette act
Merger
2011
31-12
Financial
Liquidity times 3046current ratio 2.61
Current ratio from 0.00 to 2.61; short-term debt falls from €2.87M to €48k.
07-10
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 68 days late
2010
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
2009
31-12
Financial
Equity above €200kEq €419k ▲652%
Equity rises from €56k to €419k.
28-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 28 days late
2008
29-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 29 days late
2007
24-08
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema · 24 days late
2006
30-08
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema · 30 days late
2005
20-07
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
06-10
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 67 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:SILVERSTONE