VANDERBILT (0697.731.391), In bankruptcy: financials and annual accounts

VANDERBILT

Brussels ·KBO/BCE: BE 0697.731.391

Line	2023	2022	2021	2020	2019
Balance sheet: assets
Total assets`20/58`	425,477	538,014	475,572	259,689	252,487
Fixed assets`21/28`	220,587	228,074	235,561	243,048	243,048
Intangible fixed assets`21`	165,000	165,000	165,000	165,000	165,000
Tangible fixed assets`22/27`	34,026	41,513	49,000	56,487	56,487
Furniture and vehicles`24`	852	1,704	2,556	3,408	3,408
Other tangible fixed assets`26`	33,174	39,809	46,444	53,079	53,079
Financial fixed assets`28`	21,561	21,561	21,561	21,561	21,561
Current assets`29/58`	204,889	309,939	240,011	16,641	9,439
Amounts receivable within one year`40/41`	185,185	292,104	237,649	22	1,678
Trade receivables`40`	17,083	17,928	38,533	22	1,678
Other amounts receivable`41`	168,101	274,176	199,116	-	-
Cash at bank and in hand`54/58`	19,705	17,835	2,362	16,620	7,761
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	425,477	538,014	475,572	259,689	252,487
Equity`10/15`	174,543	150,720	74,194	20,297	50,171
Contributions`10/11`	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	18,600	18,600
Uncalled capital`101`	-	-	-	12,400	12,400
Reserves`13`	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	1,860
Legal reserve`130`	-	-	-	1,860	1,860
Reserves not available under the articles`1311`	1,860	1,860	1,860	-	-
Profit (loss) carried forward`14`	166,483	142,660	66,134	12,237	42,111
Amounts payable`17/49`	250,933	387,293	401,378	239,392	202,316
Amounts payable after more than one year`17`	62,146	229,142	250,365	137,104	137,104
Financial debts`170/4`	62,146	229,142	250,365	137,104	137,104
Amounts payable within one year`42/48`	188,787	158,151	151,014	102,288	65,212
Current portion of amounts payable after more than one year`42`	23,241	22,980	22,722	8,745	8,745
Trade debts`44`	5,415	35,375	77,726	84,869	18,366
Suppliers`440/4`	5,415	35,375	77,726	84,869	18,366
Taxes, remuneration and social security`45`	160,131	94,793	44,390	3,671	33,098
Taxes`450/3`	138,709	68,545	10,136	249	24,103
Remuneration and social security`454/9`	21,422	26,248	34,254	3,422	8,995
Other amounts payable`47/48`	0	5,003	6,176	5,003	5,003
Income statement
Gross operating margin`9900`	156,785	147,142	103,862	-17,397	97,823
Remuneration, social security and pensions`62`	110,933	57,078	42,119	12,477	40,689
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	7,487	7,487	7,487	-	7,487
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	8	-	-	-
Other operating charges`640/8`	691	3,162	2,286	-	-
Operating profit (loss)`9901`	37,675	79,407	51,969	-29,874	49,648
Financial income`75/76B`	-	4,181	5,915	-	-
Recurring financial income`75`	-	4,181	5,915	-	-
Financial charges`65/66B`	6,771	7,062	3,988	-	5,677
Recurring financial charges`65`	6,771	7,062	3,988	-	5,677
Profit (loss) for the period before taxes`9903`	30,904	76,526	53,897	-29,874	43,971
Income taxes`67/77`	6,181	-	-	-	-
Profit (loss) for the period`9904`	24,723	76,526	53,897	-29,874	43,971
Profit (loss) for the period to be appropriated`9905`	24,723	76,526	53,897	-29,874	43,971
Appropriation of the result
Profit (loss) to be appropriated`9906`	166,483	142,660	66,134	12,237	43,971
Profit (loss) brought forward from the previous period`14P`	141,760	66,134	12,237	-	-
Transfer to equity`691/2`	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	1,860
Social balance sheet
Average staff (FTE)`9087`	2.7	-	2.3	-	-
Hours worked`1013`	50,194	-	1,188	-	-
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	15-11-2024	2024-00600315	PDF
31-12-2022	micro format	26-02-2024	2024-00034200	PDF
31-12-2021	micro format	24-03-2023	2023-00046997	PDF
31-12-2020	micro format	15-11-2021	2021-77200581	PDF
31-12-2019	micro format	08-02-2021	2021-05200156	PDF

Line	2023	2022	2021	2020	2019
EBITDA	45,161	86,894	59,456	-	57,135
Cash flow	32,210	84,013	61,384	-	51,458
Investment in fixed assets (approximation)	0	0	0	-	250,535
Change in cash	1,869	15,473	-14,257	8,858	-
Working capital	16,102	151,789	88,998	-85,647	-55,773
Solvency	41.0%	28.0%	15.6%	7.8%	19.9%
Current ratio	1.09	1.96	1.59	0.16	0.14
Debt to equity	1.44	2.57	5.41	11.79	4.03
ROE	14.2%	50.8%	72.6%	-147.2%	87.6%
ROA	5.8%	14.2%	11.3%	-11.5%	17.4%
Interest coverage	6.67	12.30	14.91	-	-

Item	31-12-2023	31-12-2021
Employees at the balance-sheet date	5	1
full-time	1	-
part-time	4	1
in full-time equivalents	2.9	0.9
Average over the year, in full-time equivalents	2.7	2.3
On a permanent contract	2	1
Joined	11	1
Left	7	3

VANDERBILT

Annual accounts 2023

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency41.0%

Current ratio1.09

Return on assets5.8%

Staff

Staff cost per FTE€41,086

Joined and left+4

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Insights on VANDERBILT