V.D-TECH
Open bankruptcyFinancials · financial year 2021, micro format
Annual accounts 2021 filed on 30-06-2022 PDF all 13 filings
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result for 2021 is a profit of €67,666, after a loss of €20,370 in 2020. It is the highest result since 2018.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 4 |
| full-time | 4 |
| in full-time equivalents | 4 |
| Average over the year, in full-time equivalents | 4 |
| On a permanent contract | 3 |
| Joined | 6 |
| Left | 3 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €19,850 |
| Depreciation and write-downs of the year | €8,561 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €185,195 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,293 | €8,389 | €8,451 | €8,561 | ▲ 1.3% |
| Other operating charges640/8 | - | - | - | €3,798 | - |
| Gross operating margin9900 | €82,804 | €74,293 | €93,651 | €265,220 | ▲ 183% |
| Operating profit (loss)9901 | €40,690 | -€160,786 | -€20,370 | €67,666 | - |
| Financial income75/76B | - | - | - | €121 | - |
| Recurring financial income75 | €13 | €4 | €4 | €121 | ▲ 30× |
| Financial charges65/66B | - | - | - | €7,648 | - |
| Recurring financial charges65 | €5,806 | €5,933 | €3,393 | €7,648 | ▲ 125% |
| Profit (loss) for the period before taxes9903 | €34,896 | -€166,715 | -€23,759 | €60,140 | - |
| Income taxes67/77 | - | €10,707 | €3,557 | - | - |
| Profit (loss) for the period9904 | €34,896 | -€177,422 | -€27,316 | €60,140 | - |
| Profit (loss) for the period to be appropriated9905 | €34,896 | -€177,422 | -€27,316 | €60,140 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €205,764 | €62,270 | €75,040 | €121,613 | ▲ 62.1% |
| Fixed assets21/28 | €53,614 | €28,431 | €23,941 | €35,229 | ▲ 47.2% |
| Intangible fixed assets21 | €7,500 | €6,250 | €5,000 | €3,750 | ▼ 25.0% |
| Tangible fixed assets22/27 | €44,214 | €20,281 | €14,954 | €27,493 | ▲ 83.8% |
| Plant, machinery and equipment23 | - | - | - | €14,038 | - |
| Furniture and vehicles24 | - | - | - | €13,455 | - |
| Financial fixed assets28 | €1,900 | €1,900 | €3,986 | €3,986 | = |
| Current assets29/58 | €152,149 | €33,839 | €51,099 | €86,384 | ▲ 69.1% |
| Amounts receivable within one year40/41 | €71,336 | €33,839 | €38,377 | €46,175 | ▲ 20.3% |
| Trade receivables40 | - | - | - | €30,716 | - |
| Other amounts receivable41 | - | - | - | €15,459 | - |
| Cash at bank and in hand54/58 | €80,813 | - | €12,722 | €40,209 | ▲ 216% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €205,764 | €62,270 | €75,040 | €121,613 | ▲ 62.1% |
| Equity10/15 | €31,770 | -€145,652 | -€172,968 | -€112,828 | ▲ 34.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €584 | €584 | €584 | €584 | = |
| Non-distributable reserves130/1 | - | - | - | €584 | - |
| Reserves not available under the articles1311 | - | - | - | €584 | - |
| Profit (loss) carried forward14 | €12,585 | -€164,836 | -€192,152 | -€132,012 | ▲ 31.3% |
| Amounts payable17/49 | €173,994 | €207,922 | €248,007 | €234,441 | ▼ 5.5% |
| Amounts payable after more than one year17 | €27,935 | €22,358 | €9,841 | €4,001 | ▼ 59.3% |
| Financial debts170/4 | - | - | - | €4,001 | - |
| Amounts payable within one year42/48 | €146,059 | €185,564 | €238,166 | €230,439 | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,840 | - |
| Trade debts44 | €84,360 | €93,078 | €100,526 | €139,751 | ▲ 39.0% |
| Suppliers440/4 | - | - | - | €139,751 | - |
| Advances received on contracts in progress46 | - | - | - | €46,519 | - |
| Taxes, remuneration and social security45 | - | - | - | €32,229 | - |
| Taxes450/3 | - | - | - | €1,116 | - |
| Remuneration and social security454/9 | - | - | - | €31,114 | - |
| Other amounts payable47/48 | - | - | - | €6,101 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,896 | -€177,422 | -€27,316 | €60,140 | - |
| + Depreciation and write-downs630 | €15,293 | €8,389 | €8,451 | €8,561 | ▲ 1.3% |
| Operating cash flow (approximation) | €50,189 | -€169,033 | -€18,865 | €68,701 | - |
| Investment in fixed assets (approximation) | - | €16,795 | -€3,961 | -€19,850 | ▼ 401% |
| Change in cash | - | - | - | €27,487 | - |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 30-06-2022 | 2022-20130267 | |
| 31-12-2020 | micro format | 22-12-2021 | 2021-81200543 | |
| 31-12-2019 | micro format | 14-12-2020 | 2020-75400519 | |
| 31-12-2018 | micro format | 21-03-2019 | 2019-07400247 | |
| 31-12-2017 | micro format | 13-12-2018 | 2018-74300325 | |
| 31-12-2016 | micro format | 13-04-2017 | 2017-09400105 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-63900014 | |
| 31-12-2014 | full format | 08-03-2016 | 2016-05900206 | |
| 31-12-2013 | full format | 30-09-2014 | 2014-63400573 | |
| 31-12-2012 | full format | 07-10-2013 | 2013-62200296 |