VASI
InactiveOverview
Activity
Activity not known
Size
≈ €140,000turnover 2021, estimated
- Equity
- €20,743
- Profit
- €26,717
Turnover estimated from the gross margin
Financial health
Inactive: no score
Structure
3 deeds in the Belgian Official Gazette
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 year end31-07-2023 deadline29-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 06-04-2022, 116 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
116 days early
2020
47 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 64 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2021 · micro…
- Back to profitnet €26,717
- Liquidity more than 556 timescurrent ratio 4.97
Financials · 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.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Acts, filings and financial milestones
2022
06-04
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Back to profitnet €26,717
Net result €26,717 after 2 loss-making years.
31-12
Financial
Liquidity more than 556 timescurrent ratio 4.97
Current ratio from 0.01 to 4.97; short-term debt falls from €12,161 to €5,227.
14-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Weakest financial yearnet -€18,033
Net result drops to -€18,033, the lowest in the series.
03-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
22-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 22 days late
2018
14-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 14 days late
2017
28-07
NBB filing
Annual accounts filed
financial year 2016 · micro format
2016
23-06
NBB filing
Annual accounts filed
financial year 2015 · full format
2015
30-06
NBB filing
Annual accounts filed
financial year 2014 · full format
2014
13-08
NBB filing
Annual accounts filed
financial year 2013 · full format · 13 days late
2013
25-07
NBB filing
Annual accounts filed
financial year 2012 · full format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive
VASI is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Rue Des Bouleaux 40, 6110 Montigny-Le-Tilleulas published on 3 June 2022
- Legal form
- Private limited company (pre-2019)
- Active since
- 2009 (first annual accounts)
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.