Skip to content

VB Systems

Open bankruptcy
Private limited companyfounded 2007KBO/BCE: BE 0889.340.936

A bankruptcy procedure is open for VB Systems according to publications in the Belgian State Gazette; curator: TOM DEVRIENDT.

Summary

The 2019 annual accounts show equity of €290,298 and a net result of €152,556.

Watch Report
VB SystemsOpen bankruptcy
Report

Financials · fiscal year 2019, abbreviated schema

Equity
€290,298
Total assets
€869,602
Net result
€152,556
Working capital
€3,205

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €869,602
Fixed assets €587,689
Current assets €281,914
Equity and liabilities €869,602
Equity €290,298
Debt €579,304
Debt finances 66.6% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
€248,867
Cash flow
€179,651
Current ratio
1.01
Quick ratio
1.00
Debt to equity
1.04
ROE
52.6%
ROA
17.5%
Debt ≤ 1 year
€278,709
Debt > 1 year
€300,596
Income taxes
€57,107
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 26 lines
Balance sheet Code2019
Assets
Total assets20/58€869,602
Fixed assets21/28€587,689
Tangible fixed assets22/27€586,174
Financial fixed assets28€1,515
Current assets29/58€281,914
Stocks and contracts in progress3€2,826
Amounts receivable within one year40/41€237,807
Cash at bank and in hand54/58€39,924
Equity and liabilities
Total equity and liabilities10/49€869,602
Equity10/15€290,298
Contributions10/11€6,200
Reserves13€278,860
Profit (loss) carried forward14€5,238
Amounts payable17/49€579,304
Amounts payable after more than one year17€300,596
Amounts payable within one year42/48€278,709
Trade debts44€72,654
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,095
Gross operating margin9900€368,508
Operating profit (loss)9901€221,772
Recurring financial income75€195
Recurring financial charges65€12,305
Profit (loss) for the period before taxes9903€209,663
Income taxes67/77€57,107
Profit (loss) for the period9904€152,556
Profit (loss) for the period to be appropriated9905€152,556
Line2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,095
Gross operating margin9900€368,508
Operating profit (loss)9901€221,772
Recurring financial income75€195
Recurring financial charges65€12,305
Profit (loss) for the period before taxes9903€209,663
Income taxes67/77€57,107
Profit (loss) for the period9904€152,556
Profit (loss) for the period to be appropriated9905€152,556
Line2019
Assets
Total assets20/58€869,602
Fixed assets21/28€587,689
Tangible fixed assets22/27€586,174
Financial fixed assets28€1,515
Current assets29/58€281,914
Stocks and contracts in progress3€2,826
Amounts receivable within one year40/41€237,807
Cash at bank and in hand54/58€39,924
Equity and liabilities
Total equity and liabilities10/49€869,602
Equity10/15€290,298
Contributions10/11€6,200
Reserves13€278,860
Profit (loss) carried forward14€5,238
Amounts payable17/49€579,304
Amounts payable after more than one year17€300,596
Amounts payable within one year42/48€278,709
Trade debts44€72,654
Line2019
Profit (loss) for the period9904€152,556
+ Depreciation and write-downs630€27,095
Operating cash flow (approximation)€179,651

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

Download as CSV

Similar companies · same sector, comparable size

A.D.M.
BE 0442.400.370
Aiseau-Presles · Eq €290,867
ENTREPRISES BUSTO
BE 0436.049.345
Wavre · Eq €286,511
BOGAERTS
BE 0473.822.630
Wuustwezel · Eq €281,601
RAF DEMOL
BE 0877.942.446
Overijse · Eq €300,314
Deufol Technics
BE 0464.664.741
Houthalen-Helchteren · Eq €273,805
Of 268 companies in this sector we hold annual accounts for 233. 175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

We would like to set cookies. That happens only with your consent. What we measure