VANBREDA INFACT
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-04-2022, 103 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2021
103 d early
2020
121 d early
2019
126 d early
2018
46 d early
2017
22 d early
2016
24 d early
2015
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€881k▲ 87.4%
2020 · €470k
2018: €1.52M
2019: €470k
2020: €470k
2018 → 2021
Total assets
€1.33M▼ 7.2%
2020 · €1.44M
2018: €1.78M
2019: €2.12M
2020: €1.44M
2018 → 2021
Net result
€411k▼ 28.2%
2020 · €572k
2018: €912k
2019: €454k
2020: €572k
2018 → 2021
Working capital
€877k▲ 98.6%
2020 · €441k
2018: €1.43M
2019: €423k
2020: €441k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€1.52M-€470k▼ 69.0%€470k=€881k▲ 87.4%
Operating result€1.30M-€658k▼ 49.5%€765k▲ 16.2%€680k▼ 11.1%
Net result€912k-€454k▼ 50.2%€572k▲ 26.0%€411k▼ 28.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 11% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.33M
Fixed assets
€4k ▼ 86.6%
Current assets
€1.33M ▼ 5.6%
Equity and liabilities €1.33M
Equity
€881k ▲ 87.4%
Debt
€453k ▼ 53.2%
Debt's share of the balance-sheet total falls from 67.3% to 34.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€687k▼
2020 · €783k
Cash flow
€418k▼
2020 · €590k
Current ratio
2.93▲
2020 · 1.46
Debt to equity
0.51
ROE
46.6%▼
2020 · 121.7%
ROA
30.8%▼
2020 · 39.8%
Interest coverage
806.34
Debt ≤ 1 year
€453k▼
2020 · €968k
Income taxes
€268k▲
2020 · €193k
Staff costs
€2k
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 · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€1.44M€1.33M▼
Fixed assets21/28€28k€4k▼
Intangible fixed assets21€2k-
Tangible fixed assets22/27€27k€4k▼
Furniture and vehicles24-€4k
Current assets29/58€1.41M€1.33M▼
Amounts receivable within one year40/41€600k€452k▼
Trade receivables40-€328k
Other amounts receivable41-€124k
Cash at bank and in hand54/58€793k€864k▲
Deferred charges and accrued income490/1-€15k
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.33M▼
Equity10/15€470k€881k▲
Contributions10/11€62k€62k=
Capital10-€62k
Issued capital100-€62k
Reserves13€407k€407k=
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Distributable reserves133-€401k
Profit (loss) carried forward14€727€412k▲
Amounts payable17/49€968k€453k▼
Amounts payable within one year42/48€968k€453k▼
Trade debts44€349k€426k▲
Suppliers440/4-€426k
Taxes, remuneration and social security45-€27k
Taxes450/3-€27k
Income statement
Code20202021
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€8k▼
Other operating charges640/8-€21k
Gross operating margin9900€788k€711k▼
Operating profit (loss)9901€765k€680k▼
Financial charges65/66B-€852
Recurring financial charges65€323€852▲
Profit (loss) for the period before taxes9903€764k€679k▼
Income taxes67/77€193k€268k▲
Profit (loss) for the period9904€572k€411k▼
Profit (loss) for the period to be appropriated9905€572k€411k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€412k
Profit (loss) brought forward from the previous period14P-€727
Return on contributions (dividend)694€572k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
26-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
2021
31-12
Financial
Weakest financial yearnet €411k ▼28.2%
Net result drops to €411k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.93
Current ratio from 1.46 to 2.93; short-term debt falls from €968k to €453k.
31-12
Financial
Equity above €500kEq €881k ▲87.4%
4 profitable years in a row build equity to €881k.
08-10
State Gazette act
Merger · Accounting effect
Dissolution · Corporate purpose
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
2015
09-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
14-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Vanbreda Risk & Benefits