VA CONSTRUCT
Annual accounts 2021
micro format, filed on 18-01-2023, 171 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €180,000 and €490,000.
Balance sheet
balance sheet total €54,551 on 31-12-2021in euro
Position in the sector
-8.3%
Higher than 8% of 27,199 companies in 2021.
0.57
Higher than 8% of 26,815 companies in 2021.
1.8%
Higher than 30% of 26,917 companies in 2021.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€51,123
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2021, 1 person joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
54,551 | 40,277 | |
20 |
- | 29 | |
21/28 |
20,812 | 13,952 | |
22/27 |
18,337 | 11,477 | |
23 |
1,155 | 1,497 | |
24 |
17,182 | 9,981 | |
28 |
2,475 | 2,475 | |
29/58 |
33,739 | 26,295 | |
40/41 |
33,176 | 17,039 | |
40 |
22,787 | 5,506 | |
41 |
10,389 | 11,533 | |
54/58 |
- | 7,848 | |
490/1 |
563 | 1,408 | |
| Balance sheet: equity and liabilities | |||
10/49 |
54,551 | 40,277 | |
10/15 |
-4,551 | -5,528 | |
10/11 |
500 | 500 | |
14 |
-5,051 | -6,028 | |
17/49 |
59,101 | 45,805 | |
42/48 |
59,101 | 45,405 | |
43 |
3,225 | - | |
430/8 |
3,225 | - | |
44 |
50,755 | 32,644 | |
440/4 |
50,755 | 32,644 | |
45 |
5,122 | 12,662 | |
450/3 |
4,660 | 10,162 | |
454/9 |
461 | 2,500 | |
47/48 |
- | 99 | |
492/3 |
- | 400 | |
| Income statement | |||
9900 |
44,980 | 19,058 | |
62 |
25,562 | 8,173 | |
630 |
3,933 | 3,489 | |
640/8 |
7,315 | 14,179 | |
9901 |
8,169 | -6,782 | |
75/76B |
222 | 3,607 | |
75 |
222 | 3,607 | |
65/66B |
4,963 | 2,291 | |
65 |
4,963 | 2,291 | |
9903 |
3,428 | -5,466 | |
67/77 |
2,450 | 562 | |
9904 |
978 | -6,028 | |
9905 |
978 | -6,028 | |
| Appropriation of the result | |||
9906 |
-5,051 | -6,028 | |
14P |
-6,028 | - | |
| Social balance sheet | |||
9087 |
0.5 | - | |
Hours worked1013 |
676 | - | |
| Document | |||
The notes to these accounts have 6 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 2021 (PDF), filed on 18-01-2023.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 171 days after the deadline. Filed on 18 January 2023, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-00004544.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 |
|---|---|---|---|
| 12,103 | -3,293 | ||
| 4,911 | -2,540 | ||
| 10,793 | 17,470 | ||
| -25,362 | -19,110 | ||
| -8.3% | -13.7% | ||
| 0.57 | 0.58 | ||
| 1.8% | -15.0% | ||
| 2.44 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| 0.5 | |
| Joined | 1 |
| Left | 2 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €10,793 |
| €3,933 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on VA CONSTRUCT
The operating result for 2021 is a profit of €8,169, after a loss of €6,782 in 2020.
Equity is negative. Debt (€59,101) exceeds the balance-sheet total (€54,551).