REVALITECH
Absorbed by Aqtor! AntwerpOverview
Overview
Official details
Source: KBO- Status
- Absorbed by Aqtor! Antwerp merger by absorption, January 2024
- Activity
- “Diensten in verband met de verzorging van mensen;” (deed in Dutch)From the articles, 17 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Ovalie Développement 2 SASDirector · since 28-07-2021
- Auditor
- RSM Interaudit SCRL
Shareholders
- IMMORTHO100%30-09-2023 annual accounts of IMMORTHO
- Ovalie Développement 4 SASconsolidatesannual accounts 30-09-2023
- Luc Leunen50%annual accounts 2019
Financial position
No score
Annual accounts to 30-09-2023
- Gross margin
- €58,821
- ▼ 38.8%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €21,027
- ▲ 45.4%
- Equity
- €60,528
- ▲ 53.2%
- Total assets
- €249,059
- ▲ 9.1%
Financials
Financials · financial year 2023, abbreviated format
2023 annual accounts filed 45 days after the deadline Filed on 14 June 2024, deadline 30 April 2024 (7 months after the close on 30 September 2023, Companies Code art. 3:10). Source: NBB, 2024-00132057.
Annual accounts 2023 filed on 14-06-2024 PDF all 11 filings
Turnover
€163,111
EBIT margin
11.6%
Net result
€21,027▲ 45.4%
2022 · €14,465
Working capital
€55,812▲ 110%
2022 · €26,614
Multi-year overview
2018 to 2023, 6 financial yearsTurnover
no figure
2023
20182023
Operating result
€39,072
▲ 106%
2023
20182023
Net result
€21,027
▲ 45.4%
2023
20182023
EBIT margin
no figure
2023
20182023
Equity
€60,528
▲ 53.2%
2023
20182023
Total assets
€249,059
▲ 9.1%
2023
20182023
Debt
€188,530
▼ 0.1%
2023
20182023
Working capital
€55,812
▲ 110%
2023
20182023
Staff (FTE)
no figure
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€163,111
Operating result-€32,773--€49,206▼ 50.1%€31,656€36,900▲ 16.6%€18,952▼ 48.6%€39,072▲ 106%
Net result-€31,783--€49,523▼ 55.8%€31,517€36,783▲ 16.7%€14,465▼ 60.7%€21,027▲ 45.4%
EBIT margin11.6%
Equity€6,259--€43,264-€11,747▲ 72.8%€25,036€39,501▲ 57.8%€60,528▲ 53.2%
Total assets€115,327-€140,891▲ 22.2%€151,350▲ 7.4%€187,361▲ 23.8%€228,295▲ 21.8%€249,059▲ 9.1%
Debt€109,068-€184,155▲ 68.8%€163,097▼ 11.4%€162,326▼ 0.5%€188,794▲ 16.3%€188,530▼ 0.1%
Working capital-€40,128--€102,557▼ 156%-€55,968▲ 45.4%-€1,429▲ 97.4%€26,614€55,812▲ 110%
Staff (FTE)1.6-1.6=1.5▼ 6.3%1▼ 33.3%0.9▼ 10.0%
The operating result for 2023 is 106% higher than in 2022 and the highest since 2018. It is a recovery after the fall in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €249,059
Fixed assets
€4,716 ▼ 63.4%
Current assets
€244,342 ▲ 13.4%
Equity and liabilities €249,059
Equity
€60,528 ▲ 53.2%
Debt
€188,530 ▼ 0.1%
Debt's share of the balance-sheet total falls from 82.7% to 75.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47,243▲
2022 · €32,540
Cash flow
€29,197▲
2022 · €28,053
Current ratio
1.30▲
2022 · 1.14
Quick ratio
1.27▲
2022 · 1.02
Debt to equity
3.11▼
2022 · 4.78
ROE
34.7%▼
2022 · 36.6%
ROA
8.4%▲
2022 · 6.3%
Interest coverage
7.45▼
2022 · 8.52
Debt ≤ 1 year
€188,530▼
2022 · €188,794
Income taxes
€15,403▲
2022 · €775
Staff costs
-€897▼
2022 · €45,975
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2022 | 30-09-2023 |
|---|---|---|
| Average over the year, in full-time equivalents | 0.9 | - |
| Joined | 0 | - |
| Left | 1 | - |
| Training hours | 24 | - |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 30-09-2022 | 30-09-2023 |
|---|---|---|
| Financial fixed assets | €10 | - |
| Depreciation and write-downs of the year | €13,588 | €8,170 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €163,111 | - | - |
| Non-recurring operating income76A | - | - | - | - | €7,385 | €2,388 | ▼ 67.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €76,527 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €45,975 | -€897 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,546 | €43,795 | €27,545 | €17,756 | €13,588 | €8,170 | ▼ 39.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €17,000 | €11,993 | ▼ 29.5% |
| Other operating charges640/8 | - | - | - | - | €575 | €483 | ▼ 16.1% |
| Gross operating margin9900 | €61,106 | €78,794 | €87,845 | €72,051 | €96,090 | €58,821 | ▼ 38.8% |
| Operating profit (loss)9901 | -€32,773 | -€49,206 | €31,656 | €36,900 | €18,952 | €39,072 | ▲ 106% |
| Financial income75/76B | - | - | - | - | €105 | €3,699 | ▲ 35× |
| Recurring financial income75 | €603 | €0 | €7 | €0 | €105 | €3,699 | ▲ 35× |
| Financial charges65/66B | - | - | - | - | €3,817 | €6,341 | ▲ 66.1% |
| Recurring financial charges65 | €217 | €317 | €152 | €117 | €3,817 | €6,341 | ▲ 66.1% |
| Profit (loss) for the period before taxes9903 | -€31,767 | -€49,523 | €31,510 | €36,783 | €15,240 | €36,430 | ▲ 139% |
| Income taxes67/77 | €16 | €0 | -€7 | €0 | €775 | €15,403 | ▲ 20× |
| Profit (loss) for the period9904 | -€31,783 | -€49,523 | €31,517 | €36,783 | €14,465 | €21,027 | ▲ 45.4% |
| Profit (loss) for the period to be appropriated9905 | -€31,783 | -€49,523 | €31,517 | €36,783 | €14,465 | €21,027 | ▲ 45.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €115,327 | €140,891 | €151,350 | €187,361 | €228,295 | €249,059 | ▲ 9.1% |
| Fixed assets21/28 | €46,387 | €59,292 | €44,221 | €26,465 | €12,887 | €4,716 | ▼ 63.4% |
| Tangible fixed assets22/27 | €46,387 | €59,292 | €44,221 | €26,465 | €12,877 | €4,706 | ▼ 63.5% |
| Plant, machinery and equipment23 | - | - | - | - | €12,192 | €4,706 | ▼ 61.4% |
| Furniture and vehicles24 | - | - | - | - | €685 | - | - |
| Financial fixed assets28 | - | - | - | - | €10 | €10 | = |
| Current assets29/58 | €68,940 | €81,598 | €107,129 | €160,897 | €215,408 | €244,342 | ▲ 13.4% |
| Stocks and contracts in progress3 | €45,872 | €64,903 | €38,126 | €36,625 | €23,573 | €4,500 | ▼ 80.9% |
| Stocks30/36 | - | - | - | - | €23,573 | €4,500 | ▼ 80.9% |
| Amounts receivable within one year40/41 | €15,435 | €5,978 | €3,659 | €13,465 | €26,289 | €206,386 | ▲ 685% |
| Trade receivables40 | - | - | - | - | €26,289 | €24,024 | ▼ 8.6% |
| Other amounts receivable41 | - | - | - | - | - | €182,362 | - |
| Cash at bank and in hand54/58 | €7,634 | €10,717 | €65,344 | €110,806 | €164,824 | €32,698 | ▼ 80.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €722 | €758 | ▲ 5.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €115,327 | €140,891 | €151,350 | €187,361 | €228,295 | €249,059 | ▲ 9.1% |
| Equity10/15 | €6,259 | -€43,264 | -€11,747 | €25,036 | €39,501 | €60,528 | ▲ 53.2% |
| Contributions10/11 | €18,600 | €18,600 | - | - | €18,600 | €18,600 | = |
| Reserves13 | €975 | €975 | €975 | €975 | €975 | €975 | = |
| Distributable reserves133 | - | - | - | - | €975 | €975 | = |
| Profit (loss) carried forward14 | -€13,316 | -€62,839 | -€31,322 | €5,461 | €19,926 | €40,953 | ▲ 106% |
| Amounts payable17/49 | €109,068 | €184,155 | €163,097 | €162,326 | €188,794 | €188,530 | ▼ 0.1% |
| Amounts payable within one year42/48 | €109,068 | €184,155 | €163,097 | €162,326 | €188,794 | €188,530 | ▼ 0.1% |
| Trade debts44 | €19,477 | €7,599 | €8,187 | €6,607 | €23,115 | €12,156 | ▼ 47.4% |
| Suppliers440/4 | - | - | - | - | €23,115 | €12,156 | ▼ 47.4% |
| Taxes, remuneration and social security45 | - | - | - | - | €12,015 | €11,739 | ▼ 2.3% |
| Taxes450/3 | - | - | - | - | €5,146 | €11,739 | ▲ 128% |
| Remuneration and social security454/9 | - | - | - | - | €6,869 | - | - |
| Other amounts payable47/48 | - | - | - | - | €153,663 | €164,635 | ▲ 7.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,783 | -€49,523 | €31,517 | €36,783 | €14,465 | €21,027 | ▲ 45.4% |
| + Depreciation and write-downs630 | €32,546 | €43,795 | €27,545 | €17,756 | €13,588 | €8,170 | ▼ 39.9% |
| Operating cash flow (approximation) | €763 | -€5,729 | €59,062 | €54,539 | €28,053 | €29,197 | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | -€56,700 | -€12,474 | €0 | -€10 | €0 | - |
| Change in cash | - | €3,083 | €54,627 | €45,463 | €54,018 | -€132,126 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | abbreviated format | 14-06-2024 | 2024-00132057 | |
| 30-09-2022 | abbreviated format | 04-05-2023 | 2023-00081170 | |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09700217 | |
| 31-12-2020 | abbreviated format | 24-06-2021 | 2021-23900117 | |
| 31-12-2019 | abbreviated format | 03-06-2020 | 2020-14300408 | |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-28800173 | |
| 31-12-2017 | abbreviated format | 26-06-2018 | 2018-23300343 | |
| 31-12-2016 | abbreviated format | 18-07-2017 | 2017-34300547 | |
| 31-12-2015 | abbreviated format | 13-06-2016 | 2016-17300059 | |
| 31-12-2014 | abbreviated format | 17-06-2015 | 2015-19700260 |
Board & ownership
Directors
Directors
1 director
Board 1
Ovalie Développement 2 SAS
Current
Statutory auditor 1
RSM Interaudit SCRL
Current
Statutory auditor · appointed by deed of 22-10-2021 · permanent representative: Inge Saeys
Owners and capital
Shareholders
4 ownersChain of control
- Ovalie Développement 4 SASFR
- Ovalie Développement 2 SASFR
- IMMORTHO
- REVALITECH
Owners 4
-
100%
- Ovalie Développement 4 SASFRconsolidating parentconsolidates
- Luc Leunennatural personSourceown accounts 201950%
- Marc Leunennatural personSourceown accounts 201950%
Owners through the years 2019 to 2023
| Name | 2019 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| IMMORTHO | 100% | |||
| Ovalie Développement 2 SASFR | consolidates | |||
| Ovalie Développement 4 SASFR | consolidates | |||
Older annual accounts also name 2 natural persons.
Source: parent in its own accounts, lists of holdings in the owners' accounts
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 28-07-2022 ↗
- Finicoma BV all shares · 100%
Mandate history
2 people, 2 in office
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Ovalie Développement 2 SAS |
|
| RSM Interaudit SCRL |
|
Network & group
Acquisitions and mergers
1 transactionTaken over by:Aqtor! Antwerp
Connections & network
1 current directorThe network starts from the directors of REVALITECH. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2024
14-06
abbreviated format · 45 days late
12-01
Gazette deed
Merger: absorbed by Aqtor! Antwerp2 points ▸
Gazette deed
Merger: absorbed by Aqtor! Antwerp
2 points ▸
- General meeting, 29-09-2023
- Power of attorney, Laurent DEJEMEPPE
- The deed holds 4 more points.
2023
2022
28-07
Gazette deed
Power of attorney: Filmanico BVFinicoma BV holds all the shares3 points ▸
Gazette deed
Power of attorney: Filmanico BV
Finicoma BV holds all the shares3 points ▸
- Board meeting, 30-06-2022
- Power of attorney, Filmanico BV
- Finicoma BV holds all the shares
12-04
Gazette deed
Power of attorney: Filmanico BV2 points ▸
Gazette deed
Power of attorney: Filmanico BV
2 points ▸
- Board meeting, 17-02-2022
- Power of attorney, Filmanico BV
31-03
abbreviated format · 30 days before the deadline
2021
22-10
Gazette deed
Appointment: RSM InterAudit SCRL (statutory auditor)Permanent representative: Inge Saeys3 points ▸
Gazette deed
Appointment: RSM InterAudit SCRL (statutory auditor)
Permanent representative: Inge Saeys3 points ▸
- General meeting, 06-10-2021
- Auditor appointment, RSM InterAudit SCRL (statutory auditor)
- Permanent representative, Inge Saeys
30-09
Financial
Highest result from 2018 to 2023net €36,783 ▲16.7%
The net result of €36,783 is the highest of those years.
24-06
abbreviated format · 37 days before the deadline
2020
31-12
Financial
Back to profitnet €31,517
The net result is €31,517, after 2 loss-making years.
03-06
abbreviated format · 58 days before the deadline
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€49,523
The net result drops to -€49,523, the lowest from 2018 to 2023.
02-07
abbreviated format · 29 days before the deadline
2018
26-06
abbreviated format · 35 days before the deadline
2017
18-07
abbreviated format · 13 days before the deadline
2016
13-06
abbreviated format · 48 days before the deadline
2015
17-06
abbreviated format · 44 days before the deadline
2013
20-03
9 publications in the Belgian Official Gazette, the last on 12-01-2024
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Absorbed by Aqtor! Antwerp in January 2024
REVALITECH is no longer in the KBO register. Aqtor! Antwerp took it over in a merger by absorption, published in the Belgian Official Gazette on 12 January 2024.
- Status
- Inactive
- Reason
- Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 12 January 2024 · deed
- Absorbed by
- Aqtor! Antwerp · 0414.492.876
- Last annual accounts
- financial year to 30 September 2023
- Last registered office
- Kruiningenstraat 3, 2100 Deurne (Antwerpen)as published on 12 January 2024
- Legal form
- Private limited company
- First annual accounts
- financial year 2013
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Diensten in verband met de verzorging van mensen; Diensten in verband met de verzorging van dieren; Ambulante en andere…”
17 activities
- Diensten in verband met de verzorging van mensen;
- Diensten in verband met de verzorging van dieren;
- Ambulante en andere revalidatietechnieken bij mensen;
- Ambulante en andere revalidatietechnieken bij dieren;
- De fabricatie van toestellen en voorwerpen voor prothesen. Fabricatie van lederen artikelen voor heelkunde orthopedie;
- De groot- en kleinhandel van orthopedische artikelen en revalidatiemateriaal;
- Het verhuren en uitlenen van orthopedisch materiaal en revalidatiemateriaal;
- De uitbating van een thuiszorgwinkel;
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
- Zowel voor eigen rekening als voor rekening van derden of in deelneming met derden,bij te dragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid:
- A) het verwerven,door inschrijving of aankoop,en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen;
- B) het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering;
- C) het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen,kapitalisatieondernemingen,ondernemingen voor vermogensbeheer en beleggingsadvies;
- D) het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen;in de meest ruime betekenis,het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborgplaatsing,verhandeling of anderszins,alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalbestuur;
- E) het waarnemen van alle bestuurs- en vereffenaarsopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen of ondernemingen;
- F) het verhuren of huren,aan- en verkoop van onroerende goederen;alsmede alle activiteiten die betrekking hebben op onroerende leasing;
- G) het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
Articles of association, deed of 23-08-2023 (in Dutch)