VANHESTE
InactiveInactive; last annual accounts for fiscal year 2022.
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 31-12-2022 was due by 31-07-2023 and was filed on 30-05-2023, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
62 d early
2021
32 d early
2020
46 d early
2019
46 d early
2018
44 d early
2017
61 d early
2016
47 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€353k▲ 2.4%
2021 · €345k
2018: €331k
2019: €342k
2020: €341k
2021: €345k
2018 → 2022
Total assets
€412k▼ 13.6%
2021 · €477k
2018: €477k
2019: €469k
2020: €472k
2021: €477k
2018 → 2022
Net result
€8k▲ 79.4%
2021 · €5k
2018: €26k
2019: €10k
2020: €-1k
2021: €5k
2018 → 2022
Working capital
€293k▲ 3.5%
2021 · €284k
2018: €218k
2019: €242k
2020: €253k
2021: €284k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€331k-€342k▲ 3.1%€341k▼ 0.3%€345k▲ 1.4%€353k▲ 2.4%
Operating result€39k-€16k▼ 58.5%€2k▼ 88.3%€10k▲ 398%€14k▲ 43.4%
Net result€26k-€10k▼ 60.6%€-1k€5k€8k▲ 79.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 43% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €412k
Fixed assets
€71k ▼ 7.3%
Current assets
€341k ▼ 14.8%
Equity and liabilities €412k
Equity
€353k ▲ 2.4%
Debt
€59k ▼ 55.4%
Debt's share of the balance-sheet total falls from 27.6% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2021 · €24k
Cash flow
€14k▼
2021 · €19k
Current ratio
7.16▲
2021 · 3.43
Quick ratio
6.81▲
2021 · 3.30
Debt to equity
0.17▼
2021 · 0.38
ROE
2.3%▲
2021 · 1.3%
ROA
2.0%▲
2021 · 1.0%
Interest coverage
9.75▲
2021 · 7.50
Debt ≤ 1 year
€48k▼
2021 · €117k
Income taxes
€3k▲
2021 · €3k
Staff costs
€77k▲
2021 · €71k
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 · 2022 against 2021 · 51 lines
Balance sheet
Code20212022
Assets
Total assets20/58€477k€412k▼
Fixed assets21/28€77k€71k▼
Tangible fixed assets22/27€77k€71k▼
Land and buildings22€68k€66k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€25€25=
Current assets29/58€400k€341k▼
Stocks and contracts in progress3€16k€17k▲
Stocks30/36€16k€17k▲
Amounts receivable within one year40/41€79k€42k▼
Trade receivables40€68k€39k▼
Other amounts receivable41€11k€3k▼
Current investments50/53€294k€249k▼
Cash at bank and in hand54/58€11k€31k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€477k€412k▼
Equity10/15€345k€353k▲
Contributions10/11€133k€133k=
Reserves13€204k€204k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€188k€188k=
Profit (loss) carried forward14€8k€17k▲
Amounts payable17/49€132k€59k▼
Amounts payable within one year42/48€117k€48k▼
Trade debts44€12k€19k▲
Suppliers440/4€12k€19k▲
Advances received on contracts in progress46€28k€18k▼
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€6k€278▼
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€61k-
Accrued charges and deferred income492/3€15k€11k▼
Income statement
Code20212022
Non-recurring operating income76A€413€446▲
Remuneration, social security and pensions62€71k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€5k▼
Other operating charges640/8€11k€11k▲
Gross operating margin9900€106k€107k▲
Operating profit (loss)9901€10k€14k▲
Financial income75/76B€729€0▼
Recurring financial income75€729€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€7k€12k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€5k€8k▲
Profit (loss) for the period to be appropriated9905€5k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€17k▲
Profit (loss) brought forward from the previous period14P€4k€8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
08-11
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 7.16
Current ratio from 3.43 to 7.16; short-term debt falls from €117k to €48k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
09-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:DELA Vastgoed België