Financials

3-year Snapshot

Consolidated Income Statement Data

Thousands of Euro (€)
2007
2006
2005
Revenues
2641
2771
3081
Cost of goods & services sold
-450
-55
-114
Gross profit
2191
2716
2967
Research and development expenses
-10699
-8648
-5784
Selling, general and administrative expenses
-2463
-1896
-1519
Other operating income
9
0
0
Other operating expenses
-9
-14
-2
Operating Profit (EBIT)
-10971
-7842
-4338
Financial result
996
474
56
Profit / (Loss) before taxes
-9975
-7368
-4282
Income taxes
0
0
0
Net profit / (Loss)
-9975
-7368
-4282

Consolidated Balance Sheet Data

ASSETS      
Thousands of Euro (€)
2007
2006
2005
Total non-current assets
3427
2102
2012
Total current assets
36477
34674
12180
Of which cash and cash equivalents
33103
32809
9421
Total assets
39904
36776
14192
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
Total equity
34122
31980
10089
Non-current liabilities
1344
654
1496
Current liabilities
4438
4142
2607
Total liabilities and shareholders’ equity
39904
36776
14192

Consolidated Cash Flow Statement

Thousands of Euro (€)
2007
2006
2005
Net cash provided by / (used in) operating activities
-11320
-5181
-4095
Net cash provided by / (used in) investing activities
-294
-553
4313
Net cash provided by / (used in) financing activities
11274
29124
8991
Net change in cash and cash equivalents
248
23390
9209
Cash and cash equivalents at end of period
33103
32809
9421

Financial Reports

2007 Full Year Results:

2007 Half Year Results:

2006 Full Year Results:

2006 Half Year Results:

Accounting Standards

The statutory financial statements are prepared respectively in accordance with generally accepted accounting principles in Belgium or Belgian GAAP.
The consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards (IFRS).