VERO
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 deadline24-09-2026 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 02-06-2010, 59 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
€3.35M
EBIT margin
20.6%
Net result
€390k
2008 · €-27k
2006: €415k
2007: €585k
2008: €267k
2008: €-27k
2006 → 2009
Working capital
€803k▲ 125%
2008 · €356k
2006: €549k
2007: €38k
2008: €347k
2008: €356k
2006 → 2009
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20062007200820082009Trend
Turnover€3.35M
Equity€675k-€201k▼ 70.3%€468k▲ 133%€441k▼ 5.8%€831k▲ 88.6%
Operating result€625k-€610k▼ 2.4%€386k▼ 36.7%€-57k€690k
Net result€415k-€585k▲ 40.8%€267k▼ 54.3%€-27k€390k
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €2.59M
Fixed assets
€86k ▼ 39.6%
Current assets
€2.51M ▲ 41.1%
Equity and liabilities €2.59M
Equity
€831k ▲ 88.6%
Debt
€1.76M ▲ 19.1%
Debt's share of the balance-sheet total falls from 77.0% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€743k▲
2008 · €-25k
Cash flow
€443k▲
2008 · €5k
Current ratio
1.47▲
2008 · 1.25
Quick ratio
1.47▲
2008 · 1.25
ROE
47.0%▲
2008 · -6.2%
ROA
15.1%▲
2008 · -1.4%
Debt ≤ 1 year
€1.70M▲
2008 · €1.42M
Income taxes
€222k▲
2008 · €362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2009 against 2008 · 26 lines
Balance sheet
Code20082009
Assets
Total assets20/58€1.92M€2.59M▲
Fixed assets21/28€143k€86k▼
Tangible fixed assets22/27€143k€86k▼
Financial fixed assets28€178€178=
Current assets29/58€1.78M€2.51M▲
Stocks and contracts in progress3€5k€11k▲
Amounts receivable within one year40/41€1.69M€2.49M▲
Cash at bank and in hand54/58€86k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.92M€2.59M▲
Equity10/15€441k€831k▲
Contributions10/11€120k€120k=
Reserves13€348k€348k=
Profit (loss) carried forward14€-27k€363k▲
Amounts payable17/49€1.48M€1.76M▲
Amounts payable within one year42/48€1.42M€1.70M▲
Trade debts44€185k€173k▼
Income statement
Code20082009
Turnover70-€3.35M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€53k▲
Gross operating margin9900€779k-
Operating profit (loss)9901€-57k€690k▲
Recurring financial income75€33k€28k▼
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€-27k€612k▲
Income taxes67/77€362€222k▲
Profit (loss) for the period9904€-27k€390k▲
Profit (loss) for the period to be appropriated9905€-27k€390k▲
Timeline · acts, filings and financial milestones
2010
02-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
31-12
Financial
Back to profitnet €390k
Net result €390k after one loss-making year.
31-12
Financial
Equity above €500kEq €831k ▲88.6%
Equity rises from €441k to €831k.
14-04
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
31-12
Financial
Weakest financial yearnet €-27k ▼110%
Net result drops to €-27k, the lowest in the series.
16-12
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
26-03
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
31-12
Financial
Highest result since 2006net €585k ▲40.8%
Net result €585k, the highest in the series.
10-05
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
04-05
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
25-05
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
30-04
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
2003
25-04
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema
2002
26-04
NBB filing
Annual accounts filed
fiscal year 2001 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location