VATTEL

Active

Private limited company (pre-2019)founded 201016 yrs activeKlauwaartslaan 6, 1050 Elsene, BelgiumKBO/BCE: BE 0826.040.914

Summary

The latest annual accounts of VATTEL were filed more than 90 days after the deadline. The 2017 annual accounts show equity of €19k and a net result of €27k. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

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VATTELActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2017 are too old to assess current financial health.

Filing: Filed more than 90 days late

Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.

Axes, FY 2017

Profitability100

Solvency63

Growth-

Track record85

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 85

Relative position

BE, all sectors

reference

Education (NACE 85)

about 77% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2017

Solvency, return and age of the figures

Solvency

37.9%

Return on assets

54.4%

Age of the figures

105 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

No filing for years

The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 8 filings

Position against the passed deadline

31-12-2018 close31-07-2019 deadline25-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 21-06-2019, 325 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 8 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2017, full schema

Turnover

€107k

EBIT margin

37.8%

Net result

€27k

Working capital

€23k

Balance-sheet composition

Assets €50k

99.0%

Fixed assets €507

Current assets €50k

Equity and liabilities €50k

37.9%

53.9%

Equity €19k

Provisions €4k

Debt €27k

Debt finances 53.9% of the balance-sheet total.

Key figures and ratios

2017 value

EBITDA

€41k

Cash flow

€27k

Current ratio

1.84

ROE

143.7%

ROA

54.4%

Debt ≤ 1 year

€27k

Income taxes

€12k

As filed By statement

Filed annual accounts As filed with the NBB · 2017 · 25 lines

Balance sheet Code2017

Assets

Total assets20/58€50k

Fixed assets21/28€507

Tangible fixed assets22/27€153

Financial fixed assets28€354

Current assets29/58€50k

Amounts receivable within one year40/41€39k

Cash at bank and in hand54/58€11k

Equity and liabilities

Total equity and liabilities10/49€50k

Equity10/15€19k

Contributions10/11€6k

Reserves13€2k

Profit (loss) carried forward14€11k

Provisions and deferred taxes16€4k

Amounts payable17/49€27k

Amounts payable within one year42/48€27k

Trade debts44€9k

Income statement Code2017

Turnover70€107k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154

Gross operating margin9900€41k

Operating profit (loss)9901€41k

Recurring financial charges65€725

Profit (loss) for the period before taxes9903€40k

Income taxes67/77€12k

Profit (loss) for the period9904€27k

Profit (loss) for the period to be appropriated9905€27k

Accounts by statement

Income statement Balance sheet Cash flow

Line	2017
Turnover70	€107k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€154
Gross operating margin9900	€41k
Operating profit (loss)9901	€41k
Recurring financial charges65	€725
Profit (loss) for the period before taxes9903	€40k
Income taxes67/77	€12k
Profit (loss) for the period9904	€27k
Profit (loss) for the period to be appropriated9905	€27k

Line	2017
Assets
Total assets20/58	€50k
Fixed assets21/28	€507
Tangible fixed assets22/27	€153
Financial fixed assets28	€354
Current assets29/58	€50k
Amounts receivable within one year40/41	€39k
Cash at bank and in hand54/58	€11k
Equity and liabilities
Total equity and liabilities10/49	€50k
Equity10/15	€19k
Contributions10/11	€6k
Reserves13	€2k
Profit (loss) carried forward14	€11k
Provisions and deferred taxes16	€4k
Amounts payable17/49	€27k
Amounts payable within one year42/48	€27k
Trade debts44	€9k

Line	2017
Profit (loss) for the period9904	€27k
+ Depreciation and write-downs630	€154
Operating cash flow (approximation)	€27k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.