Result
€854,459 ▲ 13×
The result rose in 2010 from €65,794 to €854,459.
SOVAPEX
Overview
Lifetime
5 annual accounts with figures on one time axis, 7 filings since 2004peak €1.6m (2007)
-€8,530▲ €28,613
lowest -€482,320 (2008)
€854,459▲ 13×
peak €4.2m (2006)
€3.4m▲ 33.2%
€2,400▼ 72.6%
Owners
99.2%VAPEX
Documentsfilings and deeds
20-06-2011filed
2010abbreviated format
Gross margin from -€37,143 to -€8,530Result from €65,794 to €854,459Equity from €2.6m to €3.4mDebts from €8,750 to €2,400Cash from €626,028 to €5,548
Key points
from the 2010 annual accounts, the last ones filedFilings
7 annual accounts 2 late
The 2006 accounts came latest: 6 days after the end of the period.
No scoreTurnover not published (abbreviated format)
Recent changes
Deed on the board and restructuring
Capital €250,000, annual accounts 2010 · Gazette deed
Incorporation
14 publications in the Belgian Official Gazette, the last on 23-08-2011 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 25-02-2003 · last publication under the heading Restructuring on 23-08-2011
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2010
- -€8,530▲ 77.0%
- €854,459▲ 13×
- €3.4m▲ 33.2%
- €3.6m▼ 15.5%
- Filing
- Filed on 20-06-2011
Insights on SOVAPEX
Inactive. The last annual accounts are for financial year 2010.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2010
abbreviated format, filed on 20-06-2011, 41 days before the deadline-€8,530
▲ €28,613
€2,975
▲ €124,417
€4,593
▲ €124,417
€856,077
▲ 13×
96.3%
▲ 35.2 percentage points
-
Money flows
no detail for 2010Balance sheet
balance sheet total €3.6m on 31-12-2010What the company ownsHow it is paid for
in €m
in €m
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
3.6m | 4.2m | 4.1m | 4.9m | 6.0m | |
21/28 |
4,420 | 6,038 | 7,656 | 18,008 | 17,838 | |
22/27 |
4,420 | 6,038 | 7,656 | 14,035 | 17,838 | |
24 |
4,420 | 6,038 | 7,656 | 14,035 | 17,838 | |
28 |
- | - | - | 3,973 | - | |
29/58 |
3.6m | 4.2m | 4.1m | 4.9m | 6.0m | |
3 |
- | - | - | - | 798,000 | |
30/36 |
- | - | - | - | 798,000 | |
40/41 |
36,972 | 16,420 | 75,999 | 468,192 | 38,752 | |
40 |
- | 1,959 | 25 | 432,184 | 14,113 | |
41 |
36,972 | 14,461 | 75,974 | 36,008 | 24,639 | |
50/53 |
3.5m | 3.6m | 4.0m | 4.3m | 5.1m | |
54/58 |
5,548 | 626,028 | 21,266 | 3,261 | 38,871 | |
490/1 |
- | - | 1,700 | 170,641 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
3.6m | 4.2m | 4.1m | 4.9m | 6.0m | |
10/15 |
3.4m | 2.6m | 2.5m | 3.0m | 4.2m | |
10/11 |
250,000 | 250,000 | 250,000 | 250,000 | 250,000 | |
100 |
250,000 | 250,000 | 250,000 | 250,000 | 250,000 | |
13 |
1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
130 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
133 |
1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
14 |
2.0m | 1.1m | 1.0m | 1.5m | 2.8m | |
16 |
128,050 | 1.6m | 1.5m | - | 463,500 | |
160/5 |
128,050 | 1.6m | 1.5m | - | 463,500 | |
17/49 |
2,400 | 8,750 | 12,366 | 1.9m | 1.3m | |
42/48 |
2,400 | 8,750 | 8,831 | 1.7m | 865,191 | |
44 |
- | 6,350 | 4,031 | 674,424 | 732,991 | |
440/4 |
- | 6,350 | 4,031 | 674,424 | 732,991 | |
46 |
- | - | - | - | 125,000 | |
47/48 |
2,400 | 2,400 | 4,800 | 1.0m | 7,200 | |
492/3 |
- | - | 3,535 | 256,038 | 413,986 | |
| Income statement | ||||||
70 |
- | 1,669 | 1.6m | 4.1m | 3.2m | |
76A |
- | - | 5,860 | - | - | |
9900 |
-8,530 | -37,143 | 710,512 | 1.6m | 515,074 | |
60/61 |
9,780 | 38,812 | 925,994 | 2.5m | 2.7m | |
630 |
1,618 | 1,618 | 6,380 | 9,918 | 9,918 | |
631/4 |
-14,113 | -8,069 | -2,818 | 25,000 | - | |
635/8 |
- | 90,750 | 1.4m | -463,500 | 230,565 | |
640/8 |
991 | - | 1,435 | 24,819 | 74,726 | |
9901 |
2,975 | -121,442 | -703,735 | 2.0m | 199,865 | |
75/76B |
855,239 | 210,871 | 229,320 | 191,971 | 139,648 | |
75 |
855,239 | 210,871 | 229,320 | 191,971 | 139,648 | |
65/66B |
4,602 | 1,853 | 3,562 | 4,797 | 8,444 | |
65 |
4,602 | 1,853 | 3,562 | 4,797 | 8,444 | |
9903 |
853,611 | 87,575 | -472,117 | 2.2m | 331,069 | |
67/77 |
-848 | 21,781 | 10,203 | 367,807 | 50,981 | |
9904 |
854,459 | 65,794 | -482,320 | 1.8m | 280,088 | |
9905 |
854,459 | 65,794 | -482,320 | 1.8m | 280,088 | |
| Appropriation of the result | ||||||
9906 |
2.0m | 1.1m | 1.0m | 4.6m | 2.8m | |
694/7 |
- | - | - | 3.1m | - | |
694 |
- | - | - | 2.1m | - | |
695 |
- | - | - | 1.0m | - | |
| Document | ||||||
The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2010 (PDF), filed on 20-06-2011.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2010 | abbreviated format | 20-06-2011 | 2011-17800559 | |
| 31-12-2009 | abbreviated format | 09-07-2010 | 2010-29000159 | |
| 31-12-2008 | abbreviated format | 30-06-2009 | 2009-35300290 | |
| 31-12-2007 | abbreviated format | 16-06-2008 | 2008-23800386 | |
| 31-12-2006 | abbreviated format | 06-08-2007 | 2007-54500178 | |
| 31-12-2005 | abbreviated format | 01-08-2006 | 2006-60301657 | |
| 30-06-2004 | abbreviated format | 22-12-2004 | 2004-87200499 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|
| 4,593 | -119,824 | -697,355 | 2.0m | 209,783 | ||
| 856,077 | 67,412 | -475,940 | 1.8m | 290,006 | ||
| 0 | 0 | -3,972 | 10,089 | 3,948 | ||
| -620,480 | 604,762 | 18,005 | -35,610 | - | ||
| 3.6m | 4.2m | 4.0m | 3.2m | 5.1m | ||
| - | - | -43.0% | 48.6% | 6.2% | ||
| 96.3% | 61.1% | 61.8% | 60.7% | 70.8% | ||
| - | - | - | 2.92 | 6.88 | ||
| - | - | - | 2.92 | 5.96 | ||
| 0.00 | 0.00 | 0.00 | 0.65 | 0.30 | ||
| 24.9% | 2.6% | -19.2% | 60.7% | 6.6% | ||
| 24.0% | 1.6% | -11.9% | 36.8% | 4.7% | ||
| - | 428 days | 0 days | 38 days | 2 days | ||
| - | 60 days | 2 days | 98 days | 100 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
A ratio outside any meaningful range has been withheld (balance sheet total €3.6m, equity €3.4m).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on SOVAPEX
The operating result for 2010 is a profit of €2,975, after a loss of €121,442 in 2009. It is the highest result since 2007.
Debt's share of the balance-sheet total falls from 0.2% to 0.1%. Equity is higher and debt is lower.
Board & ownership
Control
Capital
- Capital
- €250,000
- Source
- 2010 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- VAPEX
Source: lists of holdings in the owners' accounts
Timeline
Timeline
14 events since 2003Capital
Filings
Financial
200420062008201020122014201620182020202220242026
2011
Deed on the board and restructuring Capital €250,000, annual accounts 2010
Annual accounts 2010 filed PDFabbreviated format · 41 days before the deadline
2010
Liquidity more than triples current ratio 1481.83 The current ratio rises from 480.74 to 1481.83. Short-term debt falls from €8,750 to €2,400.
Annual accounts 2009 filed PDFabbreviated format · 22 days before the deadline
2009
Back to profit net €65,794 The net result is €65,794, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · 31 days before the deadline
2008
Weakest financial year net -€482,320 The net result drops to -€482,320, the lowest from 2006 to 2010.
Liquidity more than 157 times current ratio 458.85 The current ratio rises from 2.92 to 458.85. Short-term debt falls from €1.7m to €8,831.
Annual accounts 2007 filed PDFabbreviated format · 45 days before the deadline
2007
Highest result from 2006 to 2010 net €1.8m ▲549% The operating result of €2.0m and the net result of €1.8m are both a record.
Annual accounts 2006 filed PDFabbreviated format · 6 days late
2006
Annual accounts 2005 filed PDFabbreviated format · 1 day late
2004
Annual accounts 2004 filed PDFabbreviated format · 40 days before the deadline
2003
Incorporation PDF14 publications in the Belgian Official Gazette, the last on 23-08-2011
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
SOVAPEX is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2010
- Last registered office
- Oud-Hoflaan 21, 9150 Kruibekeas published on 23 August 2011
- Legal form
- Public limited company
- First annual accounts
- financial year 2004