RFIDEA

Absorbed by ZETES

KBO/BCE: BE 0479.325.104

Absorbed by ZETES in November 2022. The last annual accounts are for financial year 2022.

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RFIDEAAbsorbed by ZETES

Report

Overview

Official details

Source: KBO

Status: Absorbed by ZETES merger by absorption, November 2022
Activity: “La conception, la réalisation, la commercialisation de programmes informatiques de tous types, plus particulièrement…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
Joint committee: 200 Auxiliary committee for white-collar workers · annual accounts 31-03-2022
Financial year end: 31 March
Peppol: Not found in the Peppol Directory

Company details

Board and ownership

Board

Alain WirtzChair
Pierre LambertManaging director
Satoshi MizobataDirector · since 01-04-2021

and 1 other

Auditor: RSM Reviseurs d'Entreprises-Bedrijfsrevisoren

Shareholders

PANASONIC CORPORATIONconsolidatesannual accounts 31-03-2022

Board & ownership

Financial position

No score

Annual accounts to 31-03-2022

Gross margin: €137,679; ▲ 6.4%
Turnover: ≈ €350,000; estimated
Profit: €16,275; ▼ 28.0%
Equity: €1.3m; ▲ 1.2%
Total assets: €1.4m; ▲ 1.1%
Employees on 31-03-2022: 2

Financials

Financials · financial year 2022, full format

Annual accounts 2022 filed on 11-08-2022 PDF all 19 filings

Turnover

≈ €350,000

Estimated: probably between €210,000 and €660,000

EBIT margin

Not included in this filing

Net result

€16,275▼ 28.0%

2021 · €22,608

Working capital

€153,905▼ 88.3%

2021 · €1.3m

Multi-year overview

2019 to 2022, 4 financial years

Operating result

€15,902

▼ 34.1% 2022

20192022

Net result

€16,275

▼ 28.0% 2022

20192022

Equity

€1.3m

▲ 1.2% 2022

20192022

Total assets

€1.4m

▲ 1.1% 2022

20192022

Debt

€25,153

▼ 7.7% 2022

20192022

Working capital

€153,905

▼ 88.3% 2022

20192022

Staff (FTE)

= 2022

20192022

Every figure per financial year

Every figure with its change against the financial year before

favourable unfavourable

Line2019202020212022

Operating result€0.2m-€0.04m▼ 80.2%€0.02m▼ 36.4%€0.02m▼ 34.1%

Net result€0.2m-€0.03m▼ 81.6%€0.02m▼ 34.8%€0.02m▼ 28.0%

Equity€1.3m-€1.3m▲ 2.8%€1.3m▲ 1.7%€1.3m▲ 1.2%

Total assets€1.4m-€1.3m▼ 6.9%€1.3m▲ 2.4%€1.4m▲ 1.1%

Debt€0.2m-€0.02m▼ 87.4%€0.03m▲ 43.8%€0.03m▼ 7.7%

Working capital€1.3m-€1.3m▲ 2.8%€1.3m▲ 1.8%€0.2m▼ 88.3%

Staff (FTE)3-2.2▼ 26.7%2▼ 9.1%2=

The operating result for 2022 is 34% lower than in 2021 and the lowest since 2019. It is the third fall in a row.

The turnover shown is an estimate from the gross margin.

Balance-sheet composition

2022 in colour, 2021 as the grey bar beneath

Assets €1.4m

86.8%

13.2%

Fixed assets €1.2m ▲ 600×

Current assets €179,059 ▼ 86.6%

Equity and liabilities €1.4m

98.1%

Equity €1.3m ▲ 1.2%

Debt €25,153 ▼ 7.7%

Debt's share of the balance-sheet total falls from 2.0% to 1.9%. Equity is higher and debt is lower.

Key figures and ratios

2022 value · change against 2021

EBITDA

€21,076▼

2021 · €24,675

Cash flow

€21,450▼

2021 · €23,158

Current ratio

7.12▼

2021 · 49.21

Debt to equity

0.02

ROE

1.2%▼

2021 · 1.7%

ROA

1.2%▼

2021 · 1.7%

Interest coverage

9.90

Debt ≤ 1 year

€25,153▼

2021 · €27,247

Income taxes

€504▲

2021 · -€145

Staff costs

€116,243

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet

Item	31-03-2022
Employees at the balance-sheet date	2
full-time	2
in full-time equivalents	2
Average over the year, in full-time equivalents	2
On a permanent contract	2

Source: social balance sheet in the 2022 annual accounts

Investments

fixed assets acquired

Item	31-03-2022
Tangible fixed assets	€28,213
Financial fixed assets	€1.2m
Depreciation and write-downs of the year	€5,174

Source: notes to the 2022 annual accounts (statement of fixed assets)

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2022 against 2021 · 47 lines

Balance sheet Code20212022

Assets

Total assets20/58€1.3m€1.4m▲

Fixed assets21/28€0.002m€1.2m▲

Tangible fixed assets22/27€486€0.02m▲

Furniture and vehicles24-€0.006m

Other tangible fixed assets26-€0.02m

Financial fixed assets28€0.001m€1.2m▲

Current assets29/58€1.3m€0.2m▼

Amounts receivable within one year40/41€1.3m€0.2m▼

Trade receivables40-€0.2m

Other amounts receivable41-€425

Cash at bank and in hand54/58€0.007m€0.005m▼

Deferred charges and accrued income490/1-€0.002m

Equity and liabilities

Total equity and liabilities10/49€1.3m€1.4m▲

Equity10/15€1.3m€1.3m▲

Contributions10/11€0.7m€0.7m=

Capital10-€0.7m

Issued capital100-€0.7m

Reserves13€0.04m€0.04m▲

Non-distributable reserves130/1-€0.04m

Legal reserve130-€0.04m

Profit (loss) carried forward14€0.6m€0.6m▲

Amounts payable17/49€0.03m€0.03m▼

Amounts payable within one year42/48€0.03m€0.03m▼

Trade debts44€0.002m€0.004m▲

Suppliers440/4-€0.004m

Taxes, remuneration and social security45-€0.02m

Taxes450/3-€0.001m

Remuneration and social security454/9-€0.02m

Other amounts payable47/48-€0.002m

Income statement Code20212022

Remuneration, social security and pensions62-€0.1m

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.005m▲

Other operating charges640/8-€359

Gross operating margin9900€0.1m€0.1m▲

Operating profit (loss)9901€0.02m€0.02m▼

Financial income75/76B-€0.003m

Recurring financial income75-€0.003m

Financial charges65/66B-€0.002m

Recurring financial charges65€0.002m€0.002m▲

Profit (loss) for the period before taxes9903€0.02m€0.02m▼

Income taxes67/77-€145€0.001m▲

Profit (loss) for the period9904€0.02m€0.02m▼

Profit (loss) for the period to be appropriated9905€0.02m€0.02m▼

Appropriation of the result

Profit (loss) to be appropriated9906-€0.6m

Profit (loss) brought forward from the previous period14P-€0.6m

Transfer to equity691/2-€0.001m

To the legal reserve6920-€0.001m

Social balance sheet

Average headcount (FTE)9087-2.0

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 11-08-2022.

Line	2019	2020	2021	2022	Change
Remuneration, social security and pensions62	-	-	-	€116,243	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€861	€672	€550	€5,174	▲ 841%
Other operating charges640/8	-	-	-	€359	-
Gross operating margin9900	€375,813	€176,892	€129,441	€137,679	▲ 6.4%
Operating profit (loss)9901	€192,196	€37,961	€24,125	€15,902	▼ 34.1%
Financial income75/76B	-	-	-	€3,008	-
Recurring financial income75	-	-	-	€3,008	-
Financial charges65/66B	-	-	-	€2,130	-
Recurring financial charges65	€3,131	€2,234	€1,662	€2,130	▲ 28.2%
Profit (loss) for the period before taxes9903	€189,065	€35,727	€22,463	€16,780	▼ 25.3%
Income taxes67/77	€703	€1,058	-€145	€504	-
Profit (loss) for the period9904	€188,362	€34,669	€22,608	€16,275	▼ 28.0%
Profit (loss) for the period to be appropriated9905	€188,362	€34,669	€22,608	€16,275	▼ 28.0%

Line	2019	2020	2021	2022	Change
Assets
Total assets20/58	€1.4m	€1.3m	€1.3m	€1.4m	▲ 1.1%
Fixed assets21/28	€0.003m	€0.003m	€0.002m	€1.2m	▲ 600×
Tangible fixed assets22/27	€0.002m	€0.001m	€486	€0.02m	▲ 48×
Furniture and vehicles24	-	-	-	€0.006m	-
Other tangible fixed assets26	-	-	-	€0.02m	-
Financial fixed assets28	€0.001m	€0.001m	€0.001m	€1.2m	▲ 782×
Current assets29/58	€1.4m	€1.3m	€1.3m	€0.2m	▼ 86.6%
Amounts receivable within one year40/41	€1.3m	€1.3m	€1.3m	€0.2m	▼ 87.1%
Trade receivables40	-	-	-	€0.2m	-
Other amounts receivable41	-	-	-	€425	-
Cash at bank and in hand54/58	€0.08m	€0.02m	€0.007m	€0.005m	▼ 31.0%
Deferred charges and accrued income490/1	-	-	-	€0.002m	-
Equity and liabilities
Total equity and liabilities10/49	€1.4m	€1.3m	€1.3m	€1.4m	▲ 1.1%
Equity10/15	€1.3m	€1.3m	€1.3m	€1.3m	▲ 1.2%
Contributions10/11	€0.7m	€0.7m	€0.7m	€0.7m	=
Capital10	-	-	-	€0.7m	-
Issued capital100	-	-	-	€0.7m	-
Reserves13	€0.04m	€0.04m	€0.04m	€0.04m	▲ 2.0%
Non-distributable reserves130/1	-	-	-	€0.04m	-
Legal reserve130	-	-	-	€0.04m	-
Profit (loss) carried forward14	€0.5m	€0.5m	€0.6m	€0.6m	▲ 2.7%
Amounts payable17/49	€0.2m	€0.02m	€0.03m	€0.03m	▼ 7.7%
Amounts payable within one year42/48	€0.2m	€0.02m	€0.03m	€0.03m	▼ 7.7%
Trade debts44	€0.005m	€0.004m	€0.002m	€0.004m	▲ 88.8%
Suppliers440/4	-	-	-	€0.004m	-
Taxes, remuneration and social security45	-	-	-	€0.02m	-
Taxes450/3	-	-	-	€0.001m	-
Remuneration and social security454/9	-	-	-	€0.02m	-
Other amounts payable47/48	-	-	-	€0.002m	-

Line	2019	2020	2021	2022	Change
Profit (loss) for the period9904	€0.2m	€0.03m	€0.02m	€0.02m	▼ 28.0%
+ Depreciation and write-downs630	€0.001m	€0.001m	€0.001m	€0.005m	▲ 841%
Operating cash flow (approximation)	€0.2m	€0.04m	€0.02m	€0.02m	▼ 7.4%
Investment in fixed assets (approximation)	-	-€104	€0	-€1.2m	-
Change in cash	-	-€0.06m	-€0.01m	-€0.002m	▲ 81.1%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 19 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2022	full format	11-08-2022	2022-20286217	PDF
31-03-2021	full format	14-07-2021	2021-36200456	PDF
31-03-2020	full format	15-09-2020	2020-53500428	PDF
31-03-2019	full format	11-07-2019	2019-31500375	PDF
31-03-2018	full format	20-07-2018	2018-35500600	PDF
31-12-2016	full format	04-08-2017	2017-41100066	PDF
31-12-2015	full format	24-06-2016	2016-21600197	PDF
31-12-2014	full format	02-07-2015	2015-26100558	PDF
31-12-2013	full format	31-07-2014	2014-37500144	PDF
31-12-2012	full format	26-06-2013	2013-22800464	PDF

Show all 19 filings

Board & ownership

Directors

3 directors, 1 in day-to-day management, last change in 2022

Board 3

Alain Wirtz

Chair of the board · in office according to the deed of 28-03-2022 · Director and chair of the board · in office according to the deed of 27-09-2022 · 6-year term from 2022

Current

Satoshi Mizobata

Director · since 01-04-2021 · listed in the 2022 annual accounts, filed on 11-08-2022

Current

Osamu Kamo

Director · appointed by deed of 27-09-2022

Current

Day-to-day management 1

Pierre Lambert

Managing director · in office according to the deed of 28-03-2022 · 6-year term from 2022

Current

Statutory auditor 1

RSM Reviseurs d'Entreprises-Bedrijfsrevisoren

Statutory auditor · appointed by deed of 28-03-2022 · permanent representative: Gert Van Leemput

Current

Office holders in the KBO →

Owners and capital

Shareholders

1 owner

Chain of control

PANASONIC CORPORATIONJP consolidates
RFIDEA

PANASONIC CORPORATIONJPconsolidating parent
Sourceparent in own accounts 31-03-2022

consolidates

Owners through the years 2006 to 2022

Owners through the years
Name	2006	2007	2008	2011	2015	2016	2018	2022
ZETES 2015 to 2021: 99% 2022: 100%					99%			100%
PANASONIC CORPORATIONJP 2018 to 2022: consolidates							consolidates
ZETES INDUSTRIES 2011 to 2015: via 100% 2016: via 100% 2018 to 2021: 1%				via 100%		via 100%	1%
START-IT 2006: 33.33% 2007 to 2010: 32.6%	33.33%	32.6%
David DALLA VECCHIA 2007: via 8% 2008 to 2010: 8%		via 8%	8%

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 27-09-2022 ↗

ZETES SA (BE 0408.425.626) all shares

Mandate history

6 people, 5 in office

All 6 In office 5 Ended 1

Board
Day-to-day management
Statutory auditor
mandate already running before its first mention

Mandates per person, with start and end dates
Name	Functions and periods
Satoshi Mizobata	Director, from 01-04-2021 to date
Alain Wirtz	Chair of the board, since before 28-03-2022 Director and chair of the board, since before 27-09-2022
Osamu Kamo	Director, until 28-03-2022 Director, appointed by deed of 27-09-2022, still in office
Pierre Lambert	Managing director, since before 28-03-2022
RSM Reviseurs d'Entreprises-Bedrijfsrevisoren	Statutory auditor, appointed by deed of 28-03-2022, still in office
Jean-François Jacques	Director, until 27-09-2022

See the board, name and registered office on a given date →

Network & group

Acquisitions and mergers

1 transaction

Taken over by:ZETES

BE 0408.425.626operation treated as a merger by absorption · Gazette deed of 24-11-2022 (5 deeds)

Connections & network

3 current directors

Depth

The network starts from the directors of RFIDEA. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

Deeds, filings and financial milestones

All 20Financial 2Gazette 8Filings 10 of 19

2022

24-11

Gazette deed Merger: absorbed by ZETES

2 points ▸

General meeting, 28-10-2022
Accounting effect, 01-04-2022
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

27-09

Gazette deed Reappointments: Alain Wirtz (director and chair of the board) and Pierre Lambert (managing director)

3 points ▸

General meeting, 15-06-2021
Director reappointment, Alain Wirtz (director and chair of the board)
Director reappointment, Pierre Lambert (managing director)

Open the deed in the Belgian Official Gazette

27-09

Gazette deed 1 director appointed, 1 director resigning

Reappointment: RSM Réviseurs d'Entreprises - Bedrijfsrevisoren (statutory auditor) · Resignation: Jean-François Jacques (director) · Appointment: Osamu Kamo (director)5 points ▸

General meeting, 07-06-2019
Auditor reappointment, RSM Réviseurs d'Entreprises - Bedrijfsrevisoren (statutory auditor)
Board meeting, 22-03-2019
Director resignation, Jean-François Jacques
Director appointment, Osamu Kamo

Open the deed in the Belgian Official Gazette

27-09

Gazette deed Merger proposal: to be absorbed by ZETES SA

ZETES SA holds all the shares2 points ▸

ZETES SA holds all the shares
Accounting effect, 01-04-2022
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

11-08

NBB filing Annual accounts 2022 filedPDF

full format · 81 days before the deadline

31-03

Financial Weakest financial yearnet €16,275 ▼28%

The net result drops to €16,275, the lowest from 2019 to 2022.

28-03

Gazette deed Reappointment: RSM Réviseurs d'Entreprises - Bedrijfsrevisoren (statutory auditor)

2 points ▸

General meeting, 07-06-2019
Auditor reappointment, RSM Réviseurs d'Entreprises - Bedrijfsrevisoren (statutory auditor)

Open the deed in the Belgian Official Gazette

28-03

Gazette deed Resignation: Osamu Kamo (director)

Appointment: Satoshi Mizobata (director)3 points ▸

General meeting, 24-03-2021
Director resignation, Osamu Kamo
Director appointment, Satoshi Mizobata

Open the deed in the Belgian Official Gazette

28-03

Gazette deed Reappointments: Alain Wirtz (chair of the board) and Pierre Lambert (managing director)

3 points ▸

General meeting, 15-06-2021
Director reappointment, Alain Wirtz (chair of the board)
Director reappointment, Pierre Lambert (managing director)

Open the deed in the Belgian Official Gazette

2021

14-07

NBB filing Annual accounts 2021 filedPDF

full format · 109 days before the deadline

2020

15-09

NBB filing Annual accounts 2020 filedPDF

full format · 46 days before the deadline

31-03

Financial Liquidity more than 7 timescurrent ratio 69.13

The current ratio rises from 9.32 to 69.13. Short-term debt falls from €150,881 to €18,942.

Show earlier events

2019

11-07

NBB filing Annual accounts 2019 filedPDF

full format · 112 days before the deadline

2018

20-07

NBB filing Annual accounts 2018 filedPDF

full format · 103 days before the deadline

2017

04-08

NBB filing Annual accounts 2016 filedPDF

full format · 4 days late

2016

24-06

NBB filing Annual accounts 2015 filedPDF

full format · 37 days before the deadline

2015

02-07

NBB filing Annual accounts 2014 filedPDF

full format · 29 days before the deadline

2014

31-07

NBB filing Annual accounts 2013 filedPDF

full format · on the deadline day

2013

26-06

NBB filing Annual accounts 2012 filedPDF

full format · 35 days before the deadline

2003

29-01

Gazette deed IncorporationPDF

26 publications in the Belgian Official Gazette, the last on 24-11-2022

Show all 19 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official Gazette Filings with the National Bank

History

RFIDEA has filed 19 sets of annual accounts, the latest for financial year 2022.¹ In 2022 the company was absorbed by merger into ZETES.²

Company details

Inactive

Absorbed by ZETES in November 2022

RFIDEA is no longer in the KBO register. ZETES took it over in a merger by absorption, published in the Belgian Official Gazette on 24 November 2022.

Status: Inactive
Reason: Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 24 November 2022 · deed
Absorbed by: ZETES · 0408.425.626
Last annual accounts: financial year to 31 March 2022
Last registered office: Allee Des Noisetiers 2, 4031 Angleuras published on 24 November 2022
Legal form: Public limited company
First annual accounts: financial year 2003

Official KBO record

Purpose according to the articles of association

Purpose: “La conception, la réalisation, la commercialisation de programmes informatiques de tous types, plus particulièrement destinés aux domaines…”
3 activities
La conception, la réalisation, la commercialisation de programmes informatiques de tous types, plus particulièrement destinés aux domaines industriel, médical biotechnologiques et de recherche
La conception et la commercialisation de matériel informatique
La consultance dans les domaines de l'ingénierie

Articles of association, deed of 27-09-2022 (in French)

Overview

Overview

Official details

Board and ownership

Financial position

Financials

Financials · financial year 2022, full format

Staff

Investments

Board & ownership

Directors

Board 3

Day-to-day management 1

Statutory auditor 1

Owners and capital

Shareholders

Owners 1

Capital transactions

Mandate history

Network & group

Acquisitions and mergers

Connections & network

Timeline

Deeds, filings and financial milestones

History

Company details

Absorbed by ZETES in November 2022

Purpose according to the articles of association