B & V REIZEN
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 14-12-2023, 138 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
138 d early
2022
44 d early
2021
37 d early
2020
35 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 57 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€405,323▲ 1.3%
2022 · €400,022
Total assets
€482,269▼ 9.1%
2022 · €530,485
Net result
€5,301▼ 98.5%
2022 · €348,921
Working capital
€478,733▼ 4.6%
2022 · €501,560
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€1,137-€167,831▼ 14,664%-€13,123▲ 92.2%€383,750€8,213▼ 97.9%
Net result-€4,107-€168,041▼ 3,991%-€18,332▲ 89.1%€348,921€5,301▼ 98.5%
Equity€237,473▼ 1.7%€69,432▼ 70.8%€51,101▼ 26.4%€400,022▲ 683%€405,323▲ 1.3%
Total assets€1.1m▼ 6.1%€832,952▼ 21.3%€667,209▼ 19.9%€530,485▼ 20.5%€482,269▼ 9.1%
Debt€820,755▼ 7.3%€763,520▼ 7.0%€616,109▼ 19.3%€130,463▼ 78.8%€76,947▼ 41.0%
Working capital€177,853▼ 2.6%€116,877▼ 34.3%€153,062▲ 31.0%€501,560▲ 228%€478,733▼ 4.6%
Staff (FTE)6.5▲ 8.3%4.8▼ 26.2%4.1▼ 14.6%2▼ 51.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2023 Net result -98% on 2022. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 98% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €482,269
Equity
€405,323 ▲ 1.3%
Debt
€76,947 ▼ 41.0%
Debt's share of the balance-sheet total falls from 24.6% to 16.0%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.19▼
2022 · 0.33
ROE
1.3%▼
2022 · 87.2%
ROA
1.1%▼
2022 · 65.8%
Debt ≤ 1 year
€3,536▼
2022 · €28,925
Debt > 1 year
€73,411▼
2022 · €101,539
Income taxes
€2,692▼
2022 · €25,834
Staff costs
€4,271▼
2022 · €27,680
A ratio outside any meaningful range has been withheld (balance sheet total €482,269, equity €405,323).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €27,680 | €4,271 | ▼ 84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €126,279 | €122,432 | €122,111 | €3,510 | - | - |
| Other operating charges640/8 | - | - | - | €4,017 | €1,885 | ▼ 53.1% |
| Non-recurring operating charges66A | - | - | - | €320,434 | - | - |
| Gross operating margin9900 | €259,756 | €37,265 | €130,479 | €739,392 | €14,369 | ▼ 98.1% |
| Operating profit (loss)9901 | -€1,137 | -€167,831 | -€13,123 | €383,750 | €8,213 | ▼ 97.9% |
| Financial income75/76B | - | - | - | €0 | €65 | ▲ 216,567% |
| Recurring financial income75 | €9,126 | €9,090 | €8,084 | €0 | €65 | ▲ 216,567% |
| Financial charges65/66B | - | - | - | €8,995 | €285 | ▼ 96.8% |
| Recurring financial charges65 | €11,855 | €9,067 | €8,802 | €8,995 | €285 | ▼ 96.8% |
| Profit (loss) for the period before taxes9903 | -€3,866 | -€167,808 | -€17,931 | €374,755 | €7,993 | ▼ 97.9% |
| Income taxes67/77 | €242 | €233 | €401 | €25,834 | €2,692 | ▼ 89.6% |
| Profit (loss) for the period9904 | -€4,107 | -€168,041 | -€18,332 | €348,921 | €5,301 | ▼ 98.5% |
| Profit (loss) for the period to be appropriated9905 | -€4,107 | -€168,041 | -€18,332 | €348,921 | €5,301 | ▼ 98.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €832,952 | €667,209 | €530,485 | €482,269 | ▼ 9.1% |
| Fixed assets21/28 | €600,432 | €479,750 | €357,639 | - | - | - |
| Tangible fixed assets22/27 | €566,737 | €446,055 | €323,944 | - | - | - |
| Financial fixed assets28 | €33,695 | €33,695 | €33,695 | - | - | - |
| Current assets29/58 | €457,796 | €353,202 | €309,570 | €530,485 | €482,269 | ▼ 9.1% |
| Amounts receivable within one year40/41 | €379,976 | €315,478 | €205,301 | €210,415 | €220,529 | ▲ 4.8% |
| Trade receivables40 | - | - | - | €1,972 | €6,315 | ▲ 220% |
| Other amounts receivable41 | - | - | - | €208,443 | €214,214 | ▲ 2.8% |
| Cash at bank and in hand54/58 | €48,487 | €23,789 | €85,277 | €312,037 | €258,697 | ▼ 17.1% |
| Deferred charges and accrued income490/1 | - | - | - | €8,033 | €3,043 | ▼ 62.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €832,952 | €667,209 | €530,485 | €482,269 | ▼ 9.1% |
| Equity10/15 | €237,473 | €69,432 | €51,101 | €400,022 | €405,323 | ▲ 1.3% |
| Contributions10/11 | €247,894 | €247,894 | €247,894 | €247,894 | €247,894 | = |
| Capital10 | - | - | - | €247,894 | €247,894 | = |
| Issued capital100 | - | - | - | €247,894 | €247,894 | = |
| Reserves13 | €6,508 | €6,508 | €6,508 | €6,508 | €6,773 | ▲ 4.1% |
| Non-distributable reserves130/1 | - | - | - | - | €6,773 | - |
| Legal reserve130 | - | - | - | - | €6,773 | - |
| Distributable reserves133 | - | - | - | €6,508 | - | - |
| Profit (loss) carried forward14 | -€16,928 | -€184,969 | -€203,301 | €145,620 | €150,656 | ▲ 3.5% |
| Amounts payable17/49 | €820,755 | €763,520 | €616,109 | €130,463 | €76,947 | ▼ 41.0% |
| Amounts payable after more than one year17 | €540,812 | €511,601 | €448,883 | €101,539 | €73,411 | ▼ 27.7% |
| Financial debts170/4 | - | - | - | €101,539 | €73,411 | ▼ 27.7% |
| Amounts payable within one year42/48 | €279,942 | €236,325 | €156,508 | €28,925 | €3,536 | ▼ 87.8% |
| Trade debts44 | €68,730 | €7,026 | €28,101 | €284 | €242 | ▼ 14.8% |
| Suppliers440/4 | - | - | - | €284 | €242 | ▼ 14.8% |
| Taxes, remuneration and social security45 | - | - | - | €26,694 | €3,294 | ▼ 87.7% |
| Taxes450/3 | - | - | - | €25,838 | €3,294 | ▼ 87.3% |
| Remuneration and social security454/9 | - | - | - | €857 | - | - |
| Other amounts payable47/48 | - | - | - | €1,947 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,107 | -€168,041 | -€18,332 | €348,921 | €5,301 | ▼ 98.5% |
| + Depreciation and write-downs630 | €126,279 | €122,432 | €122,111 | €3,510 | - | - |
| Operating cash flow (approximation) | €122,172 | -€45,609 | €103,779 | €352,431 | €5,301 | ▼ 98.5% |
| Investment in fixed assets (approximation) | - | -€1,750 | €0 | - | - | - |
| Change in cash | - | -€24,698 | €61,488 | €226,760 | -€53,339 | ▼ 124% |
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
2023
14-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-09
Financial
Liquidity times 7current ratio 136.39
Current ratio from 18.34 to 136.39; short-term debt falls from €28,925 to €3,536.
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €348,921
Net result €348,921 after 3 loss-making years.
30-09
Financial
Liquidity times 9current ratio 18.34
Current ratio from 1.98 to 18.34; short-term debt falls from €156,508 to €28,925.
30-09
Financial
Equity above €200,000Eq €400,022 ▲683%
Equity rises from €51,101 to €400,022.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet -€168,041
Net result drops to -€168,041, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- B & V
- B & V REIZEN
Highest known parent: B & V. The sources do not say who stands above it.
Owners 1
- B & Vparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 6,572 EUR awarded · 6,572 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 6,572 EUR | 6,572 EUR |