Summary
BAVAN has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2021 annual accounts show equity of €57,203 and a net result of €9,770. Its solvency ranks better than 95% of 8,583 sector peers (NACE 71, financial year 2021). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2021, micro format
Equity
€57,203
Total assets
€60,433
Net result
€9,770
Working capital
€27,330
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €60,433
Fixed assets
€29,873
Current assets
€30,560
Equity and liabilities €60,433
Equity
€57,203
Debt
€3,230
Debt finances 5.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€23,842
Cash flow
€14,208
Current ratio
9.46
ROE
17.1%
ROA
16.2%
Debt ≤ 1 year
€3,230
Income taxes
€9,602
Annual accounts
| Line | 2021 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,439 |
| Gross operating margin9900 | €24,734 |
| Operating profit (loss)9901 | €19,403 |
| Recurring financial charges65 | €31 |
| Profit (loss) for the period before taxes9903 | €19,372 |
| Income taxes67/77 | €9,602 |
| Profit (loss) for the period9904 | €9,770 |
| Profit (loss) for the period to be appropriated9905 | €9,770 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €60,433 | |
| Fixed assets21/28 | €29,873 | |
| Tangible fixed assets22/27 | €29,873 | |
| Current assets29/58 | €30,560 | |
| Amounts receivable within one year40/41 | €1,193 | |
| Cash at bank and in hand54/58 | €29,367 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €60,433 | |
| Equity10/15 | €57,203 | |
| Profit (loss) carried forward14 | €55,203 | |
| Amounts payable17/49 | €3,230 | |
| Amounts payable within one year42/48 | €3,230 | |
| Trade debts44 | €1,230 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €9,770 |
| + Depreciation and write-downs630 | €4,439 |
| Operating cash flow (approximation) | €14,208 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2021 | micro format | 17-01-2022 | 2022-01100435 |
Similar companies · same sector, comparable size
BUREAU DELVOYE & ASS.
BE 0675.832.058
Ukkel · equity €57,162
Studio Blau
BE 1009.576.691
Maaseik · equity €57,140
DE MUYT SERVICES
BE 0786.315.157
Middelkerke · equity €57,137
HYP-ARC
BE 0779.999.566
Charleroi · equity €57,114
BUREAU E-NORM
BE 1019.408.632
Poperinge · equity €57,094
Of the 1,741 active companies whose main activity is land surveying (NACE 71122), figures are known for 770. 655 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.