BVM BEHEER
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-06-2024, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
34 d early
2022
119 d late
2021
466 d late
2020
82 d early
2019
14 d early
2018
23 d late
2017
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 62 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€92,007▲ 2,166%
2022 · €4,061
Total assets
€322,043▲ 50.1%
2022 · €214,542
Net result
€87,946
2022 · -€71,346
Working capital
€90,709▲ 2,730%
2022 · €3,205
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€151,904▲ 395%€253,421▲ 66.8%€17,414▼ 93.1%-€131,883€98,783
Net result€96,090▲ 860%€182,386▲ 89.8%€7,392▼ 95.9%-€71,346€87,946
Equity€132,915▼ 24.8%€215,301▲ 62.0%€75,408▼ 65.0%€4,061▼ 94.6%€92,007▲ 2,166%
Total assets€861,838▼ 32.6%€1.5m▲ 74.5%€208,808▼ 86.1%€214,542▲ 2.7%€322,043▲ 50.1%
Debt€728,924▼ 33.9%€1.3m▲ 76.8%€133,400▼ 89.6%€210,481▲ 57.8%€230,036▲ 9.3%
Working capital€108,241▼ 18.8%€201,917▲ 86.5%€70,217▼ 65.2%€3,205▼ 95.4%€90,709▲ 2,730%
Staff (FTE)5.2▼ 7.1%6.1▲ 17.3%6.8▲ 11.5%6.7▼ 1.5%3.6▼ 46.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €98,783 after a loss of €131,883 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €322,043
Fixed assets
€1,299 ▼ 50.0%
Current assets
€320,745 ▲ 51.3%
Equity and liabilities €322,043
Equity
€92,007 ▲ 2,166%
Debt
€230,036 ▲ 9.3%
Debt's share of the balance-sheet total falls from 98.1% to 71.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€100,081▲
2022 · -€130,585
Cash flow
€89,245▲
2022 · -€70,048
Current ratio
1.39▲
2022 · 1.02
Debt to equity
2.50▼
2022 · 51.83
ROE
95.6%
ROA
27.3%▲
2022 · -33.3%
Interest coverage
14.53▲
2022 · -10.10
Debt ≤ 1 year
€230,036▲
2022 · €208,740
Income taxes
€5,332▲
2022 · €725
Staff costs
€189,206▼
2022 · €301,382
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,715 | - |
| Remuneration, social security and pensions62 | - | - | €202,567 | €301,382 | €189,206 | ▼ 37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,064 | €11,289 | €2,737 | €1,299 | €1,299 | = |
| Other operating charges640/8 | - | - | €12,420 | €76,801 | €16,763 | ▼ 78.2% |
| Non-recurring operating charges66A | - | - | - | €1,064 | €15,714 | ▲ 1,377% |
| Gross operating margin9900 | €486,111 | €564,063 | €235,138 | €248,663 | €321,764 | ▲ 29.4% |
| Operating profit (loss)9901 | €151,904 | €253,421 | €17,414 | -€131,883 | €98,783 | ▲ 175% |
| Financial income75/76B | - | - | €8 | €74,191 | €1,385 | ▼ 98.1% |
| Recurring financial income75 | €1 | €1 | €8 | €74,191 | €1,385 | ▼ 98.1% |
| Financial charges65/66B | - | - | €2,880 | €12,928 | €6,889 | ▼ 46.7% |
| Recurring financial charges65 | €2,703 | €4,054 | €2,880 | €12,928 | €6,889 | ▼ 46.7% |
| Profit (loss) for the period before taxes9903 | €149,202 | €249,368 | €14,542 | -€70,621 | €93,279 | ▲ 232% |
| Income taxes67/77 | €53,112 | €66,981 | €7,149 | €725 | €5,332 | ▲ 635% |
| Profit (loss) for the period9904 | €96,090 | €182,386 | €7,392 | -€71,346 | €87,946 | ▲ 223% |
| Profit (loss) for the period to be appropriated9905 | €96,090 | €182,386 | €7,392 | -€71,346 | €87,946 | ▲ 223% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €861,838 | €1.5m | €208,808 | €214,542 | €322,043 | ▲ 50.1% |
| Fixed assets21/28 | €24,855 | €13,565 | €5,190 | €2,597 | €1,299 | ▼ 50.0% |
| Tangible fixed assets22/27 | €22,935 | €11,645 | €4,960 | €2,597 | €1,299 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | €1,064 | - | - | - |
| Other tangible fixed assets26 | - | - | €3,896 | €2,597 | €1,299 | ▼ 50.0% |
| Financial fixed assets28 | €1,920 | €1,920 | €230 | - | - | - |
| Current assets29/58 | €836,984 | €1.5m | €203,617 | €211,945 | €320,745 | ▲ 51.3% |
| Amounts receivable within one year40/41 | €409,369 | €439,382 | €46,748 | €200,946 | €319,194 | ▲ 58.8% |
| Trade receivables40 | - | - | €38,400 | €97,590 | €89,548 | ▼ 8.2% |
| Other amounts receivable41 | - | - | €8,348 | €103,356 | €229,645 | ▲ 122% |
| Cash at bank and in hand54/58 | €424,127 | €1.0m | €154,575 | €10,999 | €1,551 | ▼ 85.9% |
| Deferred charges and accrued income490/1 | - | - | €2,294 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €861,838 | €1.5m | €208,808 | €214,542 | €322,043 | ▲ 50.1% |
| Equity10/15 | €132,915 | €215,301 | €75,408 | €4,061 | €92,007 | ▲ 2,166% |
| Contributions10/11 | €18,592 | - | €7,664 | €7,664 | €7,664 | = |
| Reserves13 | €72,259 | €72,259 | €26,381 | €26,381 | €26,381 | = |
| Tax-exempt reserves132 | - | - | €3,897 | €3,897 | €3,897 | = |
| Distributable reserves133 | - | - | €22,484 | €22,484 | €22,484 | = |
| Profit (loss) carried forward14 | €42,063 | €124,450 | €41,363 | -€29,984 | €57,962 | ▲ 293% |
| Amounts payable17/49 | €728,924 | €1.3m | €133,400 | €210,481 | €230,036 | ▲ 9.3% |
| Amounts payable within one year42/48 | €728,743 | €1.3m | €133,400 | €208,740 | €230,036 | ▲ 10.2% |
| Trade debts44 | €137,470 | €190,190 | €37,733 | €77,855 | €193,944 | ▲ 149% |
| Suppliers440/4 | - | - | €37,733 | €77,855 | €193,944 | ▲ 149% |
| Advances received on contracts in progress46 | - | - | €1,712 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €60,174 | €65,294 | €27,874 | ▼ 57.3% |
| Taxes450/3 | - | - | €30,706 | €12,673 | €14,709 | ▲ 16.1% |
| Remuneration and social security454/9 | - | - | €29,468 | €52,621 | €13,165 | ▼ 75.0% |
| Other amounts payable47/48 | - | - | €33,781 | €65,591 | €8,218 | ▼ 87.5% |
| Accrued charges and deferred income492/3 | - | - | - | €1,741 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96,090 | €182,386 | €7,392 | -€71,346 | €87,946 | ▲ 223% |
| + Depreciation and write-downs630 | €21,064 | €11,289 | €2,737 | €1,299 | €1,299 | = |
| Operating cash flow (approximation) | €117,154 | €193,676 | €10,129 | -€70,048 | €89,245 | ▲ 227% |
| Investment in fixed assets (approximation) | - | €0 | €5,638 | €1,294 | €0 | ▼ 100% |
| Change in cash | - | €619,452 | -€889,003 | -€143,576 | -€9,448 | ▲ 93.4% |
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
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €87,946
Net result €87,946 after one loss-making year.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 119 days late
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 466 days late
2022
31-12
Financial
Weakest financial yearnet -€71,346
Net result drops to -€71,346, the lowest in the series.
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €182,386 ▲89.8%
Operating result €253,421, net result €182,386, both a record.
31-12
Financial
Equity above €200,000Eq €215,301 ▲62%
3 profitable years in a row build equity to €215,301.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 64 days late
2015
23-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 84 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Ground area
318 m²
Building footprint
219 m²
Volume, LiDAR
1,791 m³
Parcel 24126D0254/00X002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0254/00X002 | Flanders | 318 m² | 1 · 219 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:BE 0881.168.883