VERTEC (0464.446.688), Inactive: financials and annual accounts

VERTEC

KBO/BCE: BE 0464.446.688

Line	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	3.7m	10.5m	10.1m	6.5m	6.4m	5.6m	5.0m	4.9m	4.5m	4.6m	4.5m	4.4m	4.4m
Fixed assets`21/28`	3.7m	4.7m	4.7m	4.3m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m
Tangible fixed assets`22/27`	-	-	873	1,746	339	677	-	-	11,148	16,722	22,296	6,563	9,844
Furniture and vehicles`24`	-	-	873	1,746	339	677	-	-	11,148	16,722	22,296	6,563	9,844
Financial fixed assets`28`	3.7m	4.7m	4.7m	4.3m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m	4.2m
Current assets`29/58`	-	5.8m	5.3m	2.1m	2.1m	1.4m	745,705	643,204	309,291	362,087	275,588	172,132	137,104
Amounts receivable within one year`40/41`	-	1.4m	1.4m	820,331	523,394	562,316	524,650	411,021	66,325	264,955	42,963	34,981	43,787
Trade receivables`40`	-	22,627	19,481	42,637	60,706	40,555	67,506	74,947	39,398	38,962	36,359	34,980	43,778
Other amounts receivable`41`	-	1.4m	1.4m	777,694	462,689	521,761	457,144	336,074	26,927	225,993	6,604	2	10
Current investments`50/53`	-	1.5m	517,043	514,220	511,147	500,000	-	-	-	-	200,000	75,000	40,000
Cash at bank and in hand`54/58`	-	2.9m	3.4m	813,585	1.1m	320,910	221,052	232,146	242,925	97,130	32,493	61,557	36,131
Deferred charges and accrued income`490/1`	-	4,567	-	509	16	6,464	3	36	42	2	132	594	17,186
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.7m	10.5m	10.1m	6.5m	6.4m	5.6m	5.0m	4.9m	4.5m	4.6m	4.5m	4.4m	4.4m
Equity`10/15`	3.7m	10.0m	9.4m	6.2m	5.9m	5.0m	4.6m	4.4m	4.1m	3.9m	3.7m	3.5m	3.5m
Contributions`10/11`	-	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500
Capital`10`	61,500	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500
Reserves`13`	2.0m	10.0m	9.4m	6.2m	5.9m	5.0m	4.5m	4.3m	4.0m	3.8m	3.6m	3.5m	3.4m
Legal reserve`130`	10,181	49,579	49,579	49,579	49,579	49,579	49,579	49,579	49,579	49,579	49,579	49,579	49,579
Distributable reserves`133`	2.0m	9.9m	9.3m	6.1m	5.8m	4.9m	4.5m	4.3m	4.0m	3.8m	3.5m	3.4m	3.4m
Profit (loss) carried forward`14`	1.7m	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	-	449,551	605,122	214,177	442,459	581,572	373,035	468,414	462,394	728,478	854,072	840,349	855,591
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	38,984	77,968
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	38,984	77,968
Amounts payable within one year`42/48`	-	449,073	602,820	212,347	438,216	581,566	373,034	468,406	462,387	728,477	853,061	798,883	774,742
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	38,984	38,984	38,984
Financial debts`43`	-	-	-	-	-	-	-	-	-	3	9,000	18,000	27,000
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	3	9,000	18,000	27,000
Trade debts`44`	-	2,996	191,100	2,857	900	42	25,052	45	325	177,169	88,928	87,654	32,335
Suppliers`440/4`	-	2,996	191,100	2,857	900	42	25,052	45	325	177,169	88,928	87,654	32,335
Taxes, remuneration and social security`45`	-	8,083	4,304	3,100	6,901	8,857	6,938	9,461	3,584	5,999	12,399	7,846	7,364
Taxes`450/3`	-	8,083	4,304	3,100	6,901	8,857	6,938	9,461	3,584	5,999	12,399	7,846	7,364
Other amounts payable`47/48`	-	437,994	407,417	206,390	430,416	572,668	341,045	458,900	458,478	545,307	703,750	646,399	669,060
Accrued charges and deferred income`492/3`	-	478	2,302	1,830	4,243	6	1	8	6	0	1,010	2,482	2,880
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	92	-	-	-	-	-
Gross operating margin`9900`	674,884	385,545	202,656	190,536	342,512	468,615	126,497	293,651	202,957	205,897	180,129	131,215	183,539
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	873	873	1,211	339	339	-	-	5,574	5,574	5,574	3,281	3,281
Other operating charges`640/8`	-	973	971	1,073	969	966	963	1,225	2,147	1,587	1,943	1,386	1,429
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	3,257	-	-
Operating profit (loss)`9901`	674,884	383,699	200,812	188,251	341,204	467,311	125,534	292,426	195,236	198,737	172,613	126,548	178,828
Financial income`75/76B`	7.8m	627,143	3.4m	324,951	932,624	431,022	224,719	302,387	201,641	200,175	103,360	52,947	51,027
Recurring financial income`75`	7.8m	627,143	3.4m	324,951	932,624	431,022	224,719	302,387	201,641	200,175	103,360	52,947	51,027
Financial charges`65/66B`	-3,248	12,190	505	1,860	4,593	9,457	16,466	21,028	29,029	33,585	38,836	49,529	43,222
Recurring financial charges`65`	-3,248	12,190	505	1,860	4,593	9,457	16,466	21,028	29,029	33,585	38,836	49,529	43,222
Profit (loss) for the period before taxes`9903`	8.5m	998,652	3.6m	511,343	1.3m	888,876	333,787	573,876	367,849	365,327	233,879	129,966	186,633
Income taxes`67/77`	238,926	3,280	2,625	77	8,083	22,750	907	17,132	10,135	8,808	8,412	478	1,118
Profit (loss) for the period`9904`	8.2m	995,372	3.6m	511,266	1.3m	866,125	332,880	556,744	357,714	356,519	225,467	129,487	185,516
Profit (loss) for the period to be appropriated`9905`	8.2m	995,372	3.6m	511,266	1.3m	866,125	332,880	556,744	357,714	356,519	225,467	129,487	185,516
Appropriation of the result
Profit (loss) to be appropriated`9906`	1.7m	995,372	3.6m	511,266	1.3m	866,125	332,880	556,744	357,714	356,519	225,467	129,487	188,572
Profit (loss) brought forward from the previous period`14P`	-6.5m	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	570,372	3.2m	321,266	896,153	436,125	197,880	316,744	207,714	206,519	105,467	46,987	51,072
To other reserves`6921`	-	570,372	3.2m	321,266	896,153	436,125	197,880	316,744	207,714	206,519	105,467	46,987	51,072
Profit to be distributed`694/7`	-	425,000	400,000	190,000	365,000	430,000	135,000	240,000	150,000	150,000	120,000	82,500	137,500
Directors or managers`695`	-	425,000	400,000	190,000	365,000	430,000	135,000	240,000	150,000	150,000	120,000	82,500	137,500
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Financial year	Type	Filed	Reference	Document
30-06-2019	abbreviated format	17-12-2019	2019-76400331	PDF
30-06-2018	abbreviated format	07-12-2018	2018-73800537	PDF
30-06-2017	abbreviated format	09-11-2017	2017-69500098	PDF
30-06-2016	abbreviated format	24-11-2016	2016-68500094	PDF
30-06-2015	abbreviated format	12-02-2016	2016-04300565	PDF
30-06-2014	abbreviated format	27-11-2014	2014-67800152	PDF
30-06-2013	abbreviated format	13-12-2013	2013-68600018	PDF
30-06-2012	abbreviated format	11-12-2012	2012-66200413	PDF
30-06-2011	abbreviated format	25-11-2011	2011-61700595	PDF
30-06-2010	abbreviated format	08-12-2010	2010-62600583	PDF
30-06-2009	abbreviated format	25-11-2009	2009-86100257	PDF
30-06-2008	abbreviated format	23-12-2008	2008-87000049	PDF
30-06-2007	abbreviated format	11-12-2007	2007-82800082	PDF
30-06-2006	full format	28-12-2006	2006-93004044	PDF
30-06-2005	full format	01-12-2005	2005-88105174	PDF
30-06-2004	full format	20-12-2004	2004-86501914	PDF
30-06-2003	abbreviated format	18-11-2003	2003-79504213	PDF
30-06-2002	abbreviated format	02-12-2002	2002-74601488	PDF
30-06-2001	abbreviated format	06-11-2001	2001-68200348	PDF
30-06-2000	abbreviated format	19-10-2000	2000-66304856	PDF

Line	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-	384,572	201,685	189,463	341,543	467,649	-	-	200,810	204,311	178,187	129,829	182,110
Cash flow	-	996,245	3.6m	512,477	1.3m	866,464	-	-	363,288	362,093	231,041	132,769	188,797
Investment in fixed assets (approximation)	-	0	405,000	92,618	0	1,016	-	-	0	0	27,870	0	-
Change in cash	-	-556,181	2.6m	-298,926	791,600	99,858	-11,094	-10,779	145,795	64,637	-29,064	25,426	-
Working capital	-	5.3m	4.7m	1.9m	1.7m	808,124	372,671	174,798	-153,096	-366,390	-577,473	-626,752	-637,638
Solvency	100.0%	95.7%	94.0%	96.7%	93.0%	89.6%	92.5%	90.3%	89.8%	84.1%	81.1%	80.9%	80.4%
Current ratio	-	12.83	8.87	10.12	4.90	2.39	2.00	1.37	0.67	0.50	0.32	0.22	0.18
Debt to equity	-	0.04	0.06	0.03	0.07	0.12	0.08	0.11	0.11	0.19	0.23	0.24	0.24
ROE	219.7%	9.9%	38.2%	8.2%	21.3%	17.3%	7.3%	12.7%	8.8%	9.2%	6.2%	3.6%	5.3%
ROA	219.7%	9.5%	35.9%	7.9%	19.8%	15.5%	6.7%	11.5%	7.9%	7.8%	5.0%	2.9%	4.3%

VERTEC

Annual accounts 2019

Balance sheet

Change in equityin €m

Change in cash

Filed annual accounts

Filings

Key figures and ratios

Insights on VERTEC