LOCA VIM
InactiveFrom the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2022, micro format
Latest annual accounts filed
Annual accounts 2022
- Financial year ended
- 31-12-2022
- Filed on
- 27-07-2023
- Format
- micro format
- Reference
- 2023-00288919
Turnover
€719,925
EBIT margin
3.5%
Net result
€8,372
2021 · -€29,889
Working capital
€133,574▲ 21.8%
2021 · €109,656
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result has fallen two years in a row; 2022 is 37% below 2021 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€16,002
2022
Net result€8,372
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€308,987
2022
Equity€240,335
2022
Debt€68,653
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€133,574
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Turnover€719,925
Operating result€20,606-€32,678▲ 58.6%€179,209▲ 448%€25,321▼ 85.9%€16,002▼ 36.8%
Net result€1,482-€18,142▲ 12×€164,454▲ 806%-€29,889€8,372
EBIT margin3.5%
Equity€76,553-€94,695▲ 23.7%€259,149▲ 174%€231,963▼ 10.5%€240,335▲ 3.6%
Total assets€334,685-€311,558▼ 6.9%€404,100▲ 29.7%€473,007▲ 17.1%€308,987▼ 34.7%
Debt€258,132-€216,863▼ 16.0%€144,951▼ 33.2%€241,044▲ 66.3%€68,653▼ 71.5%
Working capital-€54,754--€31,730▲ 42.0%€128,230€109,656▼ 14.5%€133,574▲ 21.8%
Staff (FTE)0.5-0.5=1▲ 100%1
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €308,987
Fixed assets
€110,257 ▼ 19.2%
Current assets
€198,730 ▼ 41.0%
Equity and liabilities €308,987
Equity
€240,335 ▲ 3.6%
Debt
€68,653 ▼ 71.5%
Debt's share of the balance-sheet total falls from 51.0% to 22.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37,914▼
2021 · €57,765
Cash flow
€30,284▲
2021 · €2,555
Current ratio
3.05▲
2021 · 1.48
Debt to equity
0.29▼
2021 · 1.04
ROE
3.5%▲
2021 · -12.9%
ROA
2.7%▲
2021 · -6.3%
Interest coverage
8.76▼
2021 · 9.39
Debt ≤ 1 year
€65,157▼
2021 · €226,905
Debt > 1 year
€3,496▼
2021 · €14,139
Income taxes
€3,385▼
2021 · €49,184
Staff costs
€45,486▼
2021 · €48,628
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €719,925 | - | - |
| Non-recurring operating income76A | - | - | - | €125 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €615,000 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €48,628 | €45,486 | ▼ 6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,079 | €23,809 | €28,566 | €32,444 | €21,912 | ▼ 32.5% |
| Other operating charges640/8 | - | - | - | €3,576 | €4,658 | ▲ 30.2% |
| Gross operating margin9900 | €76,154 | €87,169 | €244,648 | €109,969 | €88,057 | ▼ 19.9% |
| Operating profit (loss)9901 | €20,606 | €32,678 | €179,209 | €25,321 | €16,002 | ▼ 36.8% |
| Financial income75/76B | - | - | - | €127 | €83 | ▼ 34.7% |
| Recurring financial income75 | €565 | €526 | €383 | €127 | €83 | ▼ 34.7% |
| Financial charges65/66B | - | - | - | €6,153 | €4,328 | ▼ 29.7% |
| Recurring financial charges65 | €12,798 | €8,014 | €5,999 | €6,153 | €4,328 | ▼ 29.7% |
| Profit (loss) for the period before taxes9903 | €8,374 | €25,191 | €173,593 | €19,295 | €11,757 | ▼ 39.1% |
| Income taxes67/77 | €6,892 | €7,049 | €9,139 | €49,184 | €3,385 | ▼ 93.1% |
| Profit (loss) for the period9904 | €1,482 | €18,142 | €164,454 | -€29,889 | €8,372 | - |
| Profit (loss) for the period to be appropriated9905 | €1,482 | €18,142 | €164,454 | -€29,889 | €8,372 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334,685 | €311,558 | €404,100 | €473,007 | €308,987 | ▼ 34.7% |
| Fixed assets21/28 | €183,204 | €163,043 | €163,368 | €136,446 | €110,257 | ▼ 19.2% |
| Tangible fixed assets22/27 | €181,889 | €161,729 | €162,053 | €135,131 | €108,943 | ▼ 19.4% |
| Land and buildings22 | - | - | - | €122,053 | €104,770 | ▼ 14.2% |
| Plant, machinery and equipment23 | - | - | - | €5,155 | €3,337 | ▼ 35.3% |
| Furniture and vehicles24 | - | - | - | €7,923 | €835 | ▼ 89.5% |
| Financial fixed assets28 | €1,315 | €1,315 | €1,315 | €1,315 | €1,315 | = |
| Current assets29/58 | €151,481 | €148,515 | €240,733 | €336,561 | €198,730 | ▼ 41.0% |
| Stocks and contracts in progress3 | €133,628 | €139,956 | €161,293 | €299,000 | - | - |
| Stocks30/36 | - | - | - | €299,000 | - | - |
| Amounts receivable within one year40/41 | €2,526 | €3,245 | €4,181 | €541 | €196,072 | ▲ 362× |
| Trade receivables40 | - | - | - | €541 | €16,418 | ▲ 30× |
| Other amounts receivable41 | - | - | - | - | €179,654 | - |
| Cash at bank and in hand54/58 | €1,422 | €2,477 | €73,843 | €36,794 | €6 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | - | - | - | €226 | €2,653 | ▲ 12× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334,685 | €311,558 | €404,100 | €473,007 | €308,987 | ▼ 34.7% |
| Equity10/15 | €76,553 | €94,695 | €259,149 | €231,963 | €240,335 | ▲ 3.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - |
| Reserves13 | €2,593 | €2,593 | €2,593 | €2,593 | €2,593 | = |
| Non-distributable reserves130/1 | - | - | - | €2,593 | €2,593 | = |
| Reserves not available under the articles1311 | - | - | - | €2,593 | €2,593 | = |
| Profit (loss) carried forward14 | €55,360 | €73,503 | €237,957 | €210,770 | €219,142 | ▲ 4.0% |
| Amounts payable17/49 | €258,132 | €216,863 | €144,951 | €241,044 | €68,653 | ▼ 71.5% |
| Amounts payable after more than one year17 | €51,897 | €36,618 | €32,449 | €14,139 | €3,496 | ▼ 75.3% |
| Financial debts170/4 | - | - | - | €14,139 | €3,496 | ▼ 75.3% |
| Amounts payable within one year42/48 | €206,235 | €180,245 | €112,502 | €226,905 | €65,157 | ▼ 71.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,537 | €15,088 | ▼ 18.6% |
| Financial debts43 | - | - | - | €75,895 | €18,656 | ▼ 75.4% |
| Credit institutions430/8 | - | - | - | €75,895 | €18,656 | ▼ 75.4% |
| Trade debts44 | €27,038 | €24,135 | €32,733 | €64,270 | €15,679 | ▼ 75.6% |
| Suppliers440/4 | - | - | - | €64,270 | €15,679 | ▼ 75.6% |
| Taxes, remuneration and social security45 | - | - | - | €38,415 | €15,734 | ▼ 59.0% |
| Taxes450/3 | - | - | - | €29,521 | €8,089 | ▼ 72.6% |
| Remuneration and social security454/9 | - | - | - | €8,894 | €7,645 | ▼ 14.0% |
| Other amounts payable47/48 | - | - | - | €29,788 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,482 | €18,142 | €164,454 | -€29,889 | €8,372 | - |
| + Depreciation and write-downs630 | €23,079 | €23,809 | €28,566 | €32,444 | €21,912 | ▼ 32.5% |
| Operating cash flow (approximation) | €24,561 | €41,951 | €193,021 | €2,555 | €30,284 | ▲ 12× |
| Investment in fixed assets (approximation) | - | -€3,648 | -€28,891 | -€5,522 | €4,277 | - |
| Change in cash | - | €1,055 | €71,366 | -€37,049 | -€36,788 | ▲ 0.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 27-07-2023 | 2023-00288919 | |
| 31-12-2021 | full format | 26-07-2022 | 2022-20222462 | |
| 31-12-2020 | full format | 05-07-2021 | 2021-31200369 | |
| 31-12-2019 | full format | 10-06-2020 | 2020-16600378 | |
| 31-12-2018 | full format | 18-06-2019 | 2019-19500559 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41800562 | |
| 31-12-2016 | full format | 21-08-2017 | 2017-47100577 | |
| 31-12-2015 | full format | 18-08-2016 | 2016-43900585 | |
| 31-12-2014 | full format | 29-07-2015 | 2015-38000302 | |
| 31-12-2013 | full format | 07-08-2014 | 2014-41100379 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.