VASI
InactiveFinancials · financial year 2021, micro format
Turnover
≈ €140,000
Estimated: probably between €86,000 and €260,000
Total assets
€25,971▲ 320%
2020 · €6,187
Net result
€26,717
2020 · -€18,033
Working capital
€20,743
2020 · -€12,052
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result returns to profit in 2021: €31,189 after a loss of €15,238 in 2020, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€31,189
2021
Net result€26,717
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€25,971
2021
Equity€20,743
2021
Debt€5,227
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€20,743
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€17,279--€4,192-€15,238▼ 264%€31,189
Net result€11,029--€5,856-€18,033▼ 208%€26,717
Equity€17,915-€12,059▼ 32.7%-€5,974€20,743
Total assets€47,817-€20,057▼ 58.1%€6,187▼ 69.2%€25,971▲ 320%
Debt€29,902-€7,998▼ 73.3%€12,161▲ 52.0%€5,227▼ 57.0%
Working capital€6,550-€1,929▼ 70.5%-€12,052€20,743
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €25,971
Equity
€20,743
Debt
€5,227
Debt finances 20.1% of the balance-sheet total.
Key figures and ratios
Current ratio
4.97▲
2020 · 0.01
Debt to equity
0.25
ROE
128.8%
ROA
102.9%▲
2020 · -291.5%
Debt ≤ 1 year
€5,227▼
2020 · €12,161
Income taxes
€4,572▲
2020 · €2,417
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,702 | €6,520 | €4,051 | - | - |
| Other operating charges640/8 | - | - | - | €364 | - |
| Non-recurring operating charges66A | - | - | - | €4,165 | - |
| Gross operating margin9900 | €38,750 | €3,437 | -€10,401 | €35,717 | - |
| Operating profit (loss)9901 | €17,279 | -€4,192 | -€15,238 | €31,189 | - |
| Financial income75/76B | - | - | - | €193 | - |
| Recurring financial income75 | €468 | - | - | €193 | - |
| Financial charges65/66B | - | - | - | €92 | - |
| Recurring financial charges65 | €1,229 | €1,176 | €378 | €92 | ▼ 75.6% |
| Profit (loss) for the period before taxes9903 | €16,518 | -€5,368 | -€15,616 | €31,289 | - |
| Income taxes67/77 | €5,489 | €488 | €2,417 | €4,572 | ▲ 89.2% |
| Profit (loss) for the period9904 | €11,029 | -€5,856 | -€18,033 | €26,717 | - |
| Profit (loss) for the period to be appropriated9905 | €11,029 | -€5,856 | -€18,033 | €26,717 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €47,817 | €20,057 | €6,187 | €25,971 | ▲ 320% |
| Fixed assets21/28 | €11,404 | €10,130 | €6,078 | - | - |
| Intangible fixed assets21 | €2,468 | - | - | - | - |
| Tangible fixed assets22/27 | €8,866 | €10,060 | €6,009 | - | - |
| Financial fixed assets28 | €69 | €69 | €69 | - | - |
| Current assets29/58 | €36,413 | €9,928 | €109 | €25,971 | ▲ 239× |
| Amounts receivable within one year40/41 | €35,931 | €5,208 | - | €3,425 | - |
| Other amounts receivable41 | - | - | - | €3,425 | - |
| Cash at bank and in hand54/58 | - | €4,231 | - | €22,545 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €47,817 | €20,057 | €6,187 | €25,971 | ▲ 320% |
| Equity10/15 | €17,915 | €12,059 | -€5,974 | €20,743 | - |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €14,543 | ▲ 682% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €12,683 | - |
| Profit (loss) carried forward14 | €9,855 | €3,999 | -€14,034 | - | - |
| Amounts payable17/49 | €29,902 | €7,998 | €12,161 | €5,227 | ▼ 57.0% |
| Amounts payable within one year42/48 | €29,863 | €7,998 | €12,161 | €5,227 | ▼ 57.0% |
| Trade debts44 | €3,830 | €2,022 | €4,036 | €448 | ▼ 88.9% |
| Suppliers440/4 | - | - | - | €448 | - |
| Taxes, remuneration and social security45 | - | - | - | €4,780 | - |
| Taxes450/3 | - | - | - | €4,780 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,029 | -€5,856 | -€18,033 | €26,717 | - |
| + Depreciation and write-downs630 | €20,702 | €6,520 | €4,051 | - | - |
| Operating cash flow (approximation) | €31,731 | €664 | -€13,981 | €26,717 | - |
| Investment in fixed assets (approximation) | - | -€5,245 | €0 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 06-04-2022 | 2022-20000751 |
| 31-12-2020 | micro format | 14-06-2021 | 2021-20200300 |
| 31-12-2019 | micro format | 03-07-2020 | 2020-26300351 |
| 31-12-2018 | micro format | 22-08-2019 | 2019-50100447 |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45700309 |
| 31-12-2016 | micro format | 28-07-2017 | 2017-39800294 |
| 31-12-2015 | full format | 23-06-2016 | 2016-22000202 |
| 31-12-2014 | full format | 30-06-2015 | 2015-24500398 |
| 31-12-2013 | full format | 13-08-2014 | 2014-42400535 |
| 31-12-2012 | full format | 25-07-2013 | 2013-35100321 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.