VB Groep

Annual Figures

Consolidated Profit and Loss Account

   
       
 

2010

 

2009

EUR x 1,000

     

Sales

  103,546

 

   113,865

Direct costs

    77,870-

 

    89,108-

Direct labour costs

    12,404-

 

    12,323-

Gross margin

   13,272

 

   12,434

 

12.8%

 

10.9%

       

Depreciation and amortisation

         551

 

          692

Changes in value

           84-

 

         900-

Other operating expenses

      9,812

 

     11,447

Operating result

     2,993

 

     1.195

       

Financial and other income and expenditure

         604-

 

         248-

Results of associated companies

         106

 

       1,795

Taxes

         700-

 

         451-

       

Group result after taxes

     1,795

 

     2,291

       

 

 

Consolidated balance sheet as at 31 December

           

EUR x 1,000

2010

   

2009

 

Fixed assets

         

Intangible fixed assets

       590

   

       815

 

Tangible fixed assets

  67,852

   

  65,214

 

Financial fixed assets

    3,361

   

    5,844

 
 

  71,803

  

 

  71,873

  

           

Current assets

         

Stocks

    6,069

   

    7,211

 

Work in progress

  26,495

   

  29,440

 

Accounts receivable

  16,759

   

  13,594

 

Cash at bank and in hand

    6,010

   

    5,594

 
 

  55,333

   

  55,839

 

Short-term liabilities

  33,572-

   

  40,347-

 

Operating capital

  21,761

   

  15,492

 
           

Total

  93,564

   

  87,365

 
           

Financed with:

         

Group capital

  23,303

   

  22,340

 

Provisions

    3,102

   

    2,692

 

Long-term liabilities

  67,159

   

  62,333

 

Total

  93,564

   

  87,365

 
           



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