VANBREDA MISSINNE
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2024.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €385k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-03-2025, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
128 d early
2023
126 d early
2022
132 d early
2021
103 d early
2020
121 d early
2019
126 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€68k▼ 88.0%
2023 · €569k
2018: €284k
2019: €326k
2020: €394k
2021: €460k
2022: €511k
2023: €569k
2018 → 2024
Total assets
€2.74M▲ 6.3%
2023 · €2.58M
2018: €3.80M
2019: €2.60M
2020: €2.56M
2021: €2.43M
2022: €2.62M
2023: €2.58M
2018 → 2024
Net result
€385k▲ 32.3%
2023 · €291k
2018: €351k
2019: €210k
2020: €342k
2021: €328k
2022: €253k
2023: €291k
2018 → 2024
Working capital
€241k▼ 66.5%
2023 · €719k
2018: €562k
2019: €477k
2020: €504k
2021: €600k
2022: €702k
2023: €719k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€394k-€460k▲ 16.6%€511k▲ 11.0%€569k▲ 11.4%€68k▼ 88.0%
Operating result€467k-€449k▼ 3.9%€350k▼ 22.1%€397k▲ 13.7%€521k▲ 31.2%
Net result€342k-€328k▼ 4.2%€253k▼ 22.8%€291k▲ 14.9%€385k▲ 32.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.74M
Fixed assets
€49k▼ 25.4%
Current assets
€2.69M▲ 7.1%
Equity and liabilities €2.74M
Equity
€68k▼ 88.0%
Debt
€2.68M▲ 32.9%
The debt ratio rises from 78.0% to 97.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€539k▲
2023 · €411k
Cash flow
€402k▲
2023 · €305k
Solvency
2.5%▼
2023 · 22.0%
Current ratio
1.10▼
2023 · 1.40
Quick ratio
1.10▼
2023 · 1.40
Debt / equity
39.17▲
2023 · 3.54
ROE
563.2%▲
2023 · 51.1%
ROA
14.0%▲
2023 · 11.3%
Interest coverage
2148.85▲
2023 · 1899.32
Debt
€2.68M▲
2023 · €2.01M
Debt ≤ 1 year
€2.45M▲
2023 · €1.80M
Income taxes
€137k▲
2023 · €107k
Staff costs
€543k▼
2023 · €719k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.58M€2.74M▲
Fixed assets21/28€66k€49k▼
Tangible fixed assets22/27€66k€49k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€38k€27k▼
Other tangible fixed assets26€25k€21k▼
Financial fixed assets28€63€63=
Current assets29/58€2.52M€2.69M▲
Amounts receivable within one year40/41€1.33M€1.37M▲
Trade receivables40€1.32M€1.36M▲
Other amounts receivable41€16k€15k▼
Cash at bank and in hand54/58€1.13M€1.27M▲
Deferred charges and accrued income490/1€53k€52k▼
Equity and liabilities
Total equity and liabilities10/49€2.58M€2.74M▲
Equity10/15€569k€68k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€506k€6k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€500k-
Profit (loss) carried forward14€971€90▼
Amounts payable17/49€2.01M€2.68M▲
Amounts payable within one year42/48€1.80M€2.45M▲
Trade debts44€1.43M€1.47M▲
Suppliers440/4€1.43M€1.47M▲
Taxes, remuneration and social security45€138k€100k▼
Taxes450/3€12k€13k▲
Remuneration and social security454/9€126k€87k▼
Other amounts payable47/48€232k€885k▲
Accrued charges and deferred income492/3€216k€222k▲
Income statement
Code20232024
Non-recurring operating income76A€8k€2k▼
Remuneration, social security and pensions62€719k€543k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€30k
Other operating charges640/8€2k€1k▼
Gross operating margin9900€1.13M€1.11M▼
Operating profit (loss)9901€397k€521k▲
Financial income75/76B€350€158▼
Recurring financial income75€350€158▼
Financial charges65/66B€217€251▲
Recurring financial charges65€217€251▲
Profit (loss) for the period before taxes9903€398k€521k▲
Income taxes67/77€107k€137k▲
Profit (loss) for the period9904€291k€385k▲
Profit (loss) for the period to be appropriated9905€291k€385k▲
Appropriation of the result
Profit (loss) to be appropriated9906€292k€386k▲
Profit (loss) brought forward from the previous period14P€818€971▲
Transfer from equity791/2-€500k
Transfer to equity691/2€58k-
To other reserves6921€58k-
Profit to be distributed694/7€233k€885k▲
Return on contributions (dividend)694€233k€885k▲
Social balance
Average headcount (FTE)90879.37.7▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-05
State Gazette act
General meeting · Merger
Accounting effect · Name change
26-03
State Gazette act
Merger · Accounting effect
Capital increase · Power of attorney
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €385k ▲32.3%
Operating result €521k, net result €385k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €511k ▲11%
5 profitable years in a row build equity to €511k.
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
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
31-12
Financial
Weakest financial yearnet €210k ▼40.2%
Net result drops to €210k, the lowest in the series.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Vanbreda Soenen
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 450 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 450 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
69940032JX4E19BAVB67