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V!GO GROUP

Inactive
KBO/BCE: BE 0897.566.140

Inactive; last annual accounts for fiscal year 2017.

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filings
Position against the passed deadline
31-12-2018 close31-07-2019 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 15-06-2018, 46 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2017, full schema, statutory accounts

Turnover
€4.05M▲ 5.8%
2016 · €3.83M
2013: €4.99M 2014: €4.94M 2015: €4.05M 2016: €3.83M
2013 → 2017
EBIT margin
24.2%▼ 5.3pp
2016 · 29.5%
2013: 37.6% 2014: 40.4% 2015: 32.0% 2016: 29.5%
2013 → 2017
Net result
€2.23M▲ 2,854%
2016 · €76k
2013: €-4k 2014: €194k 2015: €74k 2016: €76k
2013 → 2017
Working capital
€-2.62M▲ 43.8%
2016 · €-4.66M
2013: €652k 2014: €-1.71M 2015: €-1.63M 2016: €-4.66M
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20132014201520162017Trend
Turnover€4.99M-€4.94M▼ 1.2%€4.05M▼ 17.9%€3.83M▼ 5.5%€4.05M▲ 5.8%
Equity€9.26M-€9.46M▲ 2.1%€9.53M▲ 0.8%€9.61M▲ 0.8%€4.25M▼ 55.8%
Operating result€1.88M-€1.99M▲ 6.2%€1.30M▼ 35.0%€1.13M▼ 13.0%€979k▼ 13.2%
Net result€-4k-€194k€74k▼ 61.8%€76k▲ 2.2%€2.23M▲ 2,854%
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00MOperating result 2013: €1.88M€1.88MNet result 2013: €-4k€-4kOperating result 2014: €1.99M€1.99MNet result 2014: €194k€194kOperating result 2015: €1.30M€1.30MNet result 2015: €74k€74kOperating result 2016: €1.13M€1.13MNet result 2016: €76k€76kOperating result 2017: €979k€979kNet result 2017: €2.23M€2.23M20132014201520162017€0€1M€2MOperating result 2015: €1.30M€1.3MNet result 2015: €74k€74kOperating result 2016: €1.13M€1.1MNet result 2016: €76k€76kOperating result 2017: €979k€979kNet result 2017: €2.23M€2.2M201520162017
The operating result has fallen three years in a row; 2017 is 13% below 2016 and is the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €25.44M
Fixed assets €25.33M ▼ 23.8%
Current assets €112k ▼ 96.8%
Equity and liabilities €25.44M
Equity €4.25M ▼ 55.8%
Debt €21.20M ▼ 21.8%
Debt's share of the balance-sheet total rises from 73.8% to 83.3%. Equity and debt are lower.
Key figures and ratios
2017 value · change against 2016
EBITDA
€982k
2016 · €1.14M
Cash flow
€2.24M
2016 · €83k
Current ratio
0.04
2016 · 0.43
Debt to equity
4.32
2016 · 1.96
ROE
52.6%
2016 · 0.8%
ROA
8.8%
2016 · 0.2%
Interest coverage
1.39
2016 · 0.96
Debt ≤ 1 year
€2.73M
2016 · €8.11M
Debt > 1 year
€18.35M
2016 · €18.87M
Income taxes
€167k
2016 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2017 against 2016 · 26 lines
Balance sheet Code20162017
Assets
Total assets20/58€36.71M€25.44M
Fixed assets21/28€33.26M€25.33M
Tangible fixed assets22/27€2k-
Financial fixed assets28€33.26M€25.33M
Current assets29/58€3.45M€112k
Amounts receivable within one year40/41€3.23M€112k
Cash at bank and in hand54/58€494-
Equity and liabilities
Total equity and liabilities10/49€36.71M€25.44M
Equity10/15€9.61M€4.25M
Contributions10/11€1.83M€1.83M=
Reserves13€7.78M€2.42M
Amounts payable17/49€27.11M€21.20M
Amounts payable after more than one year17€18.87M€18.35M
Amounts payable within one year42/48€8.11M€2.73M
Trade debts44€171k€362k
Income statement Code20162017
Turnover70€3.83M€4.05M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k
Operating profit (loss)9901€1.13M€979k
Recurring financial income75€202k€3.80M
Recurring financial charges65€1.21M€2.38M
Debt charges650€1.19M€708k
Profit (loss) for the period before taxes9903€122k€2.40M
Income taxes67/77€46k€167k
Profit (loss) for the period9904€76k€2.23M
Profit (loss) for the period to be appropriated9905€76k€2.23M
Appropriation of the result
Return on contributions (dividend)694-€7.59M

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Timeline · acts, filings and financial milestones

2018
15-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
31-12
Financial Highest result since 2013net €2.23M ▲2854%
Net result €2.23M, the highest in the series.
17-11
State Gazette act Board meeting · Merger
Accounting effect · Target date
21-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
26-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial Back to profitnet €194k
Net result €194k after one loss-making year.
07-08
State Gazette act General meeting · Director reappointment
Director resignation · Permanent representative
23-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
01-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
03-07
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
06-10
State Gazette act General meeting · Director resignation
Approval · Capital increase
Show earlier events
23-06
NBB filing Annual accounts filed
fiscal year 2010 · full schema
23-06
NBB filing Annual accounts filed
fiscal year 2010 · consolidated
2010
07-07
NBB filing Annual accounts filed
fiscal year 2009 · consolidated
2008
16-07
State Gazette act General meeting · Board meeting
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
18 locations

Acquisitions and mergers

1 transaction
Taken over by:VIGO International
BE 0838.892.127merger by absorption · proposal · State Gazette act of 17-11-2017

Recognitions · licences · registrations

Legal Entity Identifier

549300FFYXGE5EK9K165
no longer live in the LEI register