VEKTRON
InactiveInactive; last annual accounts for fiscal year 2009.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2009. Since then, 16 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2010 close31-07-2011 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 08-06-2010, 53 days ahead of the deadline.
NBB · 10 filingsDeviation 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)
Financials · fiscal year 2009, full schema
Turnover
€4.27M▲ 131%
2008 · €1.85M
EBIT margin
12.0%▲ 24.0pp
2008 · -11.9%
Net result
€561k▲ 16.2%
2008 · €483k
Working capital
€4.66M▲ 16.4%
2008 · €4.00M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2006200720082009
Turnover€2.30M-€2.72M▲ 18.0%€1.85M▼ 32.1%€4.27M▲ 131%
Operating result€700k-€737k▲ 5.2%€-220k€514k
Net result€764k-€854k▲ 11.8%€483k▼ 43.4%€561k▲ 16.2%
EBIT margin30.4%-27.1%▼ 3.3pp-11.9%▼ 39.0pp12.0%▲ 24.0pp
Equity€3.87M-€4.72M▲ 22.1%€5.21M▲ 10.2%€5.77M▲ 10.8%
Total assets€4.22M-€4.85M▲ 14.9%€5.50M▲ 13.4%€6.13M▲ 11.5%
Debt€350k-€125k▼ 64.4%€293k▲ 134%€364k▲ 24.4%
Working capital€3.06M-€3.62M▲ 18.5%€4.00M▲ 10.4%€4.66M▲ 16.4%
Staff (FTE)2.7-5.8▲ 115%5.8=4.3▼ 25.9%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2009: €514k after a loss of €220k in 2008.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €6.13M
Fixed assets
€1.12M ▼ 7.2%
Current assets
€5.01M ▲ 16.8%
Equity and liabilities €6.13M
Equity
€5.77M ▲ 10.8%
Debt
€364k ▲ 24.4%
Debt's share of the balance-sheet total rises from 5.3% to 5.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€582k▲
2008 · €-143k
Cash flow
€629k▲
2008 · €560k
Current ratio
14.09▼
2008 · 14.67
Quick ratio
13.30▼
2008 · 13.66
ROE
9.7%▲
2008 · 9.3%
ROA
9.2%▲
2008 · 8.8%
Interest coverage
115.36▲
2008 · -82.25
Debt ≤ 1 year
€356k▲
2008 · €293k
Income taxes
€-702▼
2008 · €302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Turnover70 | €2.30M | €2.72M | €1.85M | €4.27M | ▲ 131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €55k | €77k | €68k | ▼ 11.8% |
| Operating profit (loss)9901 | €700k | €737k | €-220k | €514k | ▲ 334% |
| Recurring financial income75 | €92k | €140k | €129k | €105k | ▼ 18.1% |
| Recurring financial charges65 | €18k | €22k | €7k | €59k | ▲ 741% |
| Debt charges650 | €11k | €901 | €2k | €5k | ▲ 191% |
| Profit (loss) for the period before taxes9903 | €775k | €854k | €483k | €561k | ▲ 16.0% |
| Income taxes67/77 | €12k | €399 | €302 | €-702 | ▼ 332% |
| Profit (loss) for the period9904 | €764k | €854k | €483k | €561k | ▲ 16.2% |
| Profit (loss) for the period to be appropriated9905 | €764k | €854k | €483k | €561k | ▲ 16.2% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.22M | €4.85M | €5.50M | €6.13M | ▲ 11.5% |
| Formation expenses20 | €5k | €3k | €1k | - | - |
| Fixed assets21/28 | €853k | €1.10M | €1.21M | €1.12M | ▼ 7.2% |
| Intangible fixed assets21 | €3k | €9k | €7k | €5k | ▼ 32.4% |
| Tangible fixed assets22/27 | €835k | €1.07M | €1.18M | €1.10M | ▼ 7.1% |
| Financial fixed assets28 | €9k | €17k | €15k | €15k | = |
| Current assets29/58 | €3.37M | €3.75M | €4.29M | €5.01M | ▲ 16.8% |
| Stocks and contracts in progress3 | €360k | €268k | €297k | €278k | ▼ 6.3% |
| Amounts receivable within one year40/41 | €2.89M | €3.13M | €3.24M | €3.80M | ▲ 17.1% |
| Cash at bank and in hand54/58 | €117k | €329k | €172k | €354k | ▲ 106% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.22M | €4.85M | €5.50M | €6.13M | ▲ 11.5% |
| Equity10/15 | €3.87M | €4.72M | €5.21M | €5.77M | ▲ 10.8% |
| Contributions10/11 | €6.71M | €6.71M | €6.71M | €6.71M | = |
| Reserves13 | €174k | €174k | €174k | €174k | = |
| Profit (loss) carried forward14 | €-3.02M | €-2.16M | €-1.68M | €-1.12M | ▲ 33.4% |
| Amounts payable17/49 | €350k | €125k | €293k | €364k | ▲ 24.4% |
| Amounts payable after more than one year17 | €43k | - | - | - | - |
| Amounts payable within one year42/48 | €307k | €125k | €293k | €356k | ▲ 21.6% |
| Trade debts44 | €248k | €42k | €117k | €320k | ▲ 173% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €764k | €854k | €483k | €561k | ▲ 16.2% |
| + Depreciation and write-downs630 | €27k | €55k | €77k | €68k | ▼ 11.8% |
| Operating cash flow (approximation) | €790k | €909k | €560k | €629k | ▲ 12.4% |
| Investment in fixed assets (approximation) | - | €-300k | €-184k | €19k | ▲ 110% |
| Change in cash | - | €212k | €-158k | €182k | ▲ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2010
12-07
State Gazette act
General meeting · Net-asset statement
Share issue · Share transfer · Herbert HOUBEN
08-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
30-11
State Gazette act
Merger
17-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
31-12
Financial
Weakest financial yearnet €483k ▼43.4%
Net result drops to €483k, the lowest in the series.
31-12
Financial
Equity above €5MEq €5.21M ▲10.2%
3 profitable years in a row build equity to €5.21M.
11-06
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
31-12
Financial
Highest result since 2006net €854k ▲11.8%
Operating result €737k, net result €854k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 30.04
Current ratio from 10.97 to 30.04; short-term debt falls from €307k to €125k.
26-06
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2006
08-06
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
21-06
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
Show earlier events
2004
29-06
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
2003
03-07
NBB filing
Annual accounts filed
fiscal year 2002 · full schema
2002
01-10
NBB filing
Annual accounts filed
fiscal year 2001 · full schema · 62 days late
2001
01-10
NBB filing
Annual accounts filed
fiscal year 2000 · full schema · 62 days late
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.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:Kreon NV