SIDARFIN
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2010.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2010. Since then, 15 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2011 close31-07-2012 deadline19-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 13-10-2011, 74 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
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 →
Financials · fiscal year 2010, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€642k▼ 55.7%
2009 · €1.45M
2006: €18.95M
2007: €1.04M
2008: €1.37M
2009: €1.45M
2006 → 2010
Working capital
€6.78M▲ 14.9%
2009 · €5.89M
2006: €10.89M
2007: €11.93M
2008: €5.89M
2009: €5.89M
2006 → 2010
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20062007200820092010Trend
Equity€93.58M-€94.62M▲ 1.1%€88.48M▼ 6.5%€88.48M=€89.12M▲ 0.7%
Operating result€-24k-€-55k▼ 131%€-25k▲ 54.6%€-12k▲ 53.6%€-269k▼ 2,212%
Net result€18.95M-€1.04M▼ 94.5%€1.37M▲ 31.8%€1.45M▲ 6.1%€642k▼ 55.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €269k in 2010 against €12k in 2009; the loss grows and 2010 has the lowest result in the available series.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €89.78M
Fixed assets
€83.00M=
Current assets
€6.78M▼ 8.1%
Equity and liabilities €89.78M
Equity
€89.12M▲ 0.7%
Provisions
€653k▲ 57.5%
Debt
€5k▼ 99.6%
The debt ratio falls from 1.6% to 0.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
99.3%▲
2009 · 97.9%
ROE
0.7%▼
2009 · 1.6%
ROA
0.7%▼
2009 · 1.6%
Debt
€5k▼
2009 · €1.49M
Debt ≤ 1 year
€5k▼
2009 · €1.49M
A ratio outside any meaningful range has been withheld (balance sheet total €89.78M, equity €89.12M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2010 against 2009
Balance sheet
Code20092010
Assets
Total assets20/58€90.38M€89.78M▼
Fixed assets21/28€83.00M€83.00M=
Financial fixed assets28€83.00M€83.00M=
Current assets29/58€7.38M€6.78M▼
Amounts receivable within one year40/41€7.38M€6.78M▼
Equity and liabilities
Total equity and liabilities10/49€90.38M€89.78M▼
Equity10/15€88.48M€89.12M▲
Contributions10/11€30.32M€30.32M=
Reserves13€44.04M€44.04M=
Profit (loss) carried forward14€14.13M€14.77M▲
Provisions and deferred taxes16€415k€653k▲
Amounts payable17/49€1.49M€5k▼
Amounts payable within one year42/48€1.49M€5k▼
Trade debts44€36k€5k▼
Income statement
Code20092010
Operating profit (loss)9901€-12k€-269k▼
Recurring financial income75€1.84M€1.22M▼
Recurring financial charges65€380k€306k▼
Profit (loss) for the period before taxes9903€1.45M€642k▼
Profit (loss) for the period9904€1.45M€642k▼
Profit (loss) for the period to be appropriated9905€1.45M€642k▼
Appropriation of the result
Return on contributions (dividend)694€1.45M-
Timeline · acts, filings and financial milestones
2011
13-10
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 74 days late
26-01
State Gazette act
General meeting · Merger
Dissolution · Registered-office move · France ANDRIS
26-01
State Gazette act
General meeting · Merger
Dissolution · Registered-office move
2010
31-12
Financial
Weakest financial yearnet €642k ▼55.7%
Net result drops to €642k, the lowest in the series.
31-12
Financial
Liquidity times 253current ratio 1254.54
Current ratio from 4.97 to 1254.54; short-term debt falls from €1.49M to €5k.
14-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
31-12
Financial
Liquidity triplescurrent ratio 4.97
Current ratio from 1.78 to 4.97; short-term debt falls from €7.55M to €1.49M.
05-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
05-06
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
31-12
Financial
Liquidity times 22current ratio 151.15
Current ratio from 6.75 to 151.15; short-term debt falls from €1.89M to €79k.
13-06
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2006
17-05
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
26-05
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
03-06
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
2003
15-05
NBB filing
Annual accounts filed
fiscal year 2002 · full schema
2002
30-05
NBB filing
Annual accounts filed
fiscal year 2001 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:ArcelorMittal Belgium