VANDELANOTTE AUDIT
InactiveInactive; last annual accounts for fiscal year 2020.
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 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2021 close30-04-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 26-03-2021, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
35 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€50k▲ 0.2%
2019 · €50k
2018: €472k
2019: €50k
2018 → 2020
Total assets
€819k▲ 39.2%
2019 · €588k
2018: €1.21M
2019: €588k
2018 → 2020
Net result
€106▼ 96.8%
2019 · €3k
2018: €14k
2019: €3k
2018 → 2020
Working capital
€40k▲ 56.6%
2019 · €25k
2018: €142k
2019: €25k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€472k-€50k▼ 89.5%€50k▲ 0.2%
Operating result€56k-€-212€-1k▼ 582%
Net result€14k-€3k▼ 77.2%€106▼ 96.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2020 against €212 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €819k
Fixed assets
€39k ▼ 18.4%
Current assets
€779k ▲ 44.3%
Equity and liabilities €819k
Equity
€50k ▲ 0.2%
Debt
€769k ▲ 42.8%
Debt's share of the balance-sheet total rises from 91.6% to 93.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2019 · €14k
Cash flow
€9k▼
2019 · €18k
Current ratio
1.05▲
2019 · 1.05
Debt to equity
0.31▼
2019 · 0.42
ROE
0.2%▼
2019 · 6.6%
ROA
0.0%▼
2019 · 0.6%
Debt ≤ 1 year
€740k▲
2019 · €515k
Debt > 1 year
€16k▼
2019 · €21k
Income taxes
€119▼
2019 · €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 · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€588k€819k▲
Fixed assets21/28€48k€39k▼
Tangible fixed assets22/27€48k€39k▼
Financial fixed assets28€0-
Current assets29/58€540k€779k▲
Stocks and contracts in progress3€31k€14k▼
Amounts receivable within one year40/41€428k€622k▲
Cash at bank and in hand54/58€79k€143k▲
Equity and liabilities
Total equity and liabilities10/49€588k€819k▲
Equity10/15€50k€50k▲
Contributions10/11€25k-
Reserves13€25k€25k▲
Amounts payable17/49€539k€769k▲
Amounts payable after more than one year17€21k€16k▼
Amounts payable within one year42/48€515k€740k▲
Trade debts44€306k€493k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€9k▼
Gross operating margin9900€2k€36k▲
Operating profit (loss)9901€-212€-1k▼
Recurring financial income75€12k€8k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€5k€225▼
Income taxes67/77€2k€119▼
Profit (loss) for the period9904€3k€106▼
Profit (loss) for the period to be appropriated9905€3k€106▼
Appropriation of the result
Return on contributions (dividend)694€0-
Timeline · acts, filings and financial milestones
2021
02-06
State Gazette act
Merger · Accounting effect
Permanent representative
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €106 ▼96.8%
Net result drops to €106, the lowest in the series.
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
25-02
State Gazette act
General meeting · Auditor reappointment
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
10-01
State Gazette act
General meeting · Auditor appointment
Permanent representative
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
20-01
State Gazette act
General meeting · Auditor appointment
Director reappointment · Mandate compensation
2016
28-11
State Gazette act
General meeting · Permanent representative
Auditor appointment · Director resignation
24-11
State Gazette act
General meeting · Director resignation
Permanent representative · Auditor appointment
Show earlier events
14-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
05-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
14-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
20-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
13-07
State Gazette act
General meeting · Share cancellation
Share issue · Bank account · Frank Liesse
25-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
16-09
State Gazette act
General meeting · Capital increase
Capital · Operations transfer
2010
18-05
State Gazette act
Incorporation · Founding capital
Bank account · Corporate purpose
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:Vandelanotte Bedrijfsrevisoren