IMMO-VANACK
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 19-07-2024, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
12 d early
2022
1 d early
2021
52 d early
2020
17 d early
2019
25 d early
2018
16 d early
2017
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days before 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
€664,954▼ 37.8%
2022 · €1.1m
Total assets
€711,872▼ 34.9%
2022 · €1.1m
Net result
€196,477▼ 51.7%
2022 · €406,710
Working capital
€596,675▼ 31.4%
2022 · €870,185
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€16,338▼ 38.9%€17,460▲ 6.9%€184,730▲ 958%€514,174▲ 178%€242,952▼ 52.7%
Net result€4,276▼ 81.6%€9,227▲ 116%€144,607▲ 1,467%€406,710▲ 181%€196,477▼ 51.7%
Equity€507,933▲ 0.8%€517,160▲ 1.8%€661,767▲ 28.0%€1.1m▲ 61.5%€664,954▼ 37.8%
Total assets€521,850▼ 0.7%€583,547▲ 11.8%€673,895▲ 15.5%€1.1m▲ 62.3%€711,872▼ 34.9%
Debt€13,917▼ 13.4%€66,387▲ 377%€12,128▼ 81.7%€14,918▲ 23.0%€36,917▲ 147%
Working capital€132,665▲ 20.5%€223,513▲ 68.5%€349,721▲ 56.5%€870,185▲ 149%€596,675▼ 31.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +181% on 2021. 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 53% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €711,872
Fixed assets
€79,000 ▼ 62.2%
Current assets
€632,872 ▼ 28.4%
Equity and liabilities €711,872
Equity
€664,954 ▼ 37.8%
Provisions
€10,000 =
Debt
€36,917 ▲ 147%
Debt's share of the balance-sheet total rises from 1.4% to 5.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€252,590▼
2022 · €528,133
Cash flow
€206,116▼
2022 · €420,669
Current ratio
17.48▼
2022 · 62.12
Debt to equity
0.06▲
2022 · 0.01
ROE
29.5%▼
2022 · 38.1%
ROA
27.6%▼
2022 · 37.2%
Interest coverage
537.15▲
2022 · 289.73
Debt ≤ 1 year
€36,197▲
2022 · €14,238
Income taxes
€67,275▼
2022 · €139,503
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 | - | - | €161,362 | €499,799 | €247,733 | ▼ 50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,132 | €28,132 | €24,825 | €13,959 | €9,638 | ▼ 31.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €10,000 | - | - |
| Other operating charges640/8 | - | - | €7,717 | €6,080 | €4,788 | ▼ 21.2% |
| Gross operating margin9900 | €51,808 | €53,489 | €217,272 | €544,213 | €257,379 | ▼ 52.7% |
| Operating profit (loss)9901 | €16,338 | €17,460 | €184,730 | €514,174 | €242,952 | ▼ 52.7% |
| Financial income75/76B | - | - | €10,628 | €33,862 | €21,271 | ▼ 37.2% |
| Recurring financial income75 | €2,233 | €4,620 | €10,628 | €33,862 | €21,271 | ▼ 37.2% |
| Financial charges65/66B | - | - | €1,434 | €1,823 | €470 | ▼ 74.2% |
| Recurring financial charges65 | -€34 | €2,055 | €1,434 | €1,823 | €470 | ▼ 74.2% |
| Profit (loss) for the period before taxes9903 | €18,604 | €20,026 | €193,924 | €546,213 | €263,752 | ▼ 51.7% |
| Income taxes67/77 | €14,328 | €10,799 | €49,317 | €139,503 | €67,275 | ▼ 51.8% |
| Profit (loss) for the period9904 | €4,276 | €9,227 | €144,607 | €406,710 | €196,477 | ▼ 51.7% |
| Transfer from tax-exempt reserves789 | - | - | €5,915 | €5,915 | €2,837 | ▼ 52.0% |
| Profit (loss) for the period to be appropriated9905 | €10,191 | €15,142 | €150,522 | €412,625 | €199,314 | ▼ 51.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €521,850 | €583,547 | €673,895 | €1.1m | €711,872 | ▼ 34.9% |
| Fixed assets21/28 | €376,378 | €348,246 | €312,131 | €208,972 | €79,000 | ▼ 62.2% |
| Tangible fixed assets22/27 | €376,096 | €347,964 | €311,850 | €208,724 | €78,752 | ▼ 62.3% |
| Land and buildings22 | - | - | €311,850 | €208,724 | €78,752 | ▼ 62.3% |
| Financial fixed assets28 | €281 | €281 | €281 | €248 | €248 | = |
| Current assets29/58 | €145,473 | €235,302 | €361,764 | €884,423 | €632,872 | ▼ 28.4% |
| Amounts receivable within one year40/41 | - | €629 | €8,946 | €430,000 | - | - |
| Other amounts receivable41 | - | - | €8,946 | €430,000 | - | - |
| Current investments50/53 | €136,618 | €211,946 | €267,820 | €404,495 | €604,495 | ▲ 49.4% |
| Cash at bank and in hand54/58 | €8,855 | €22,728 | €84,999 | €49,929 | €28,377 | ▼ 43.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €521,850 | €583,547 | €673,895 | €1.1m | €711,872 | ▼ 34.9% |
| Equity10/15 | €507,933 | €517,160 | €661,767 | €1.1m | €664,954 | ▼ 37.8% |
| Contributions10/11 | €95,000 | €95,000 | €95,000 | €95,000 | €95,000 | = |
| Capital10 | - | - | €95,000 | €95,000 | €95,000 | = |
| Issued capital100 | - | - | €95,000 | €95,000 | €95,000 | = |
| Reserves13 | €79,793 | €73,877 | €67,962 | €973,477 | €569,954 | ▼ 41.5% |
| Non-distributable reserves130/1 | - | - | €19,000 | €19,000 | €19,000 | = |
| Legal reserve130 | - | - | €19,000 | €19,000 | €19,000 | = |
| Tax-exempt reserves132 | - | - | €48,962 | €43,047 | €40,211 | ▼ 6.6% |
| Distributable reserves133 | - | - | - | €911,430 | €510,744 | ▼ 44.0% |
| Profit (loss) carried forward14 | €333,140 | €348,283 | €498,805 | - | - | - |
| Provisions and deferred taxes16 | - | - | - | €10,000 | €10,000 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €10,000 | €10,000 | = |
| Major repairs and maintenance162 | - | - | - | €10,000 | €10,000 | = |
| Amounts payable17/49 | €13,917 | €66,387 | €12,128 | €14,918 | €36,917 | ▲ 147% |
| Amounts payable after more than one year17 | - | €50,000 | - | - | - | - |
| Amounts payable within one year42/48 | €12,808 | €11,789 | €12,043 | €14,238 | €36,197 | ▲ 154% |
| Current portion of amounts payable after more than one year42 | - | - | €9,757 | - | - | - |
| Trade debts44 | €1,636 | - | €2,286 | - | - | - |
| Suppliers440/4 | - | - | €2,286 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €10,274 | €8,483 | ▼ 17.4% |
| Taxes450/3 | - | - | - | €10,274 | €8,483 | ▼ 17.4% |
| Other amounts payable47/48 | - | - | - | €3,964 | €27,714 | ▲ 599% |
| Accrued charges and deferred income492/3 | - | - | €85 | €680 | €720 | ▲ 5.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,276 | €9,227 | €144,607 | €406,710 | €196,477 | ▼ 51.7% |
| + Depreciation and write-downs630 | €28,132 | €28,132 | €24,825 | €13,959 | €9,638 | ▼ 31.0% |
| Operating cash flow (approximation) | €32,408 | €37,359 | €169,432 | €420,669 | €206,116 | ▼ 51.0% |
| Investment in fixed assets (approximation) | - | €0 | €11,290 | €89,200 | €120,333 | ▲ 34.9% |
| Change in cash | - | €13,873 | €62,271 | -€35,070 | -€21,552 | ▲ 38.5% |
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
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €406,710 ▲181%
Operating result €514,174, net result €406,710, both a record.
31-12
Financial
Liquidity doublescurrent ratio 62.12
Current ratio from 30.04 to 62.12.
31-12
Financial
Equity above €1mEq €1.1m ▲61.5%
5 profitable years in a row build equity to €1.1m.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €4,276 ▼81.6%
Net result drops to €4,276, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
16-06
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
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:BE 0457.624.422
Recognitions · licences · registrations
Legal Entity Identifier
254900A7HXWX9H3PYM79