VINDIMMO
Open bankruptcyFinancials · financial year 2020, micro format
Annual accounts 2020 filed on 20-07-2021 PDF all 13 filings
Turnover
€33,712▼ 67.5%
2018 · €103,765
EBIT margin
2.5%▼ 43.6pp
2018 · 46.1%
Net result
-€1,720▲ 67.5%
2019 · -€5,288
Working capital
-€114,021▼ 0.6%
2019 · -€113,394
Multi-year overview
2018 to 2020, 3 financial yearsTurnover
€33,712
2020
20182020
Operating result
€831
2020
20182020
Net result
-€1,720
▲ 67.5%
2020
middle half of the sector
20182020
EBIT margin
2.5%
2020
20182020
Equity
-€80,706
▼ 2.2%
2020
lowest quarter of the sector
20182020
Total assets
€260,867
▲ 4.0%
2020
middle half of the sector
20182020
Debt
€341,573
▲ 3.5%
2020
20182020
Working capital
-€114,021
▼ 0.6%
2020
lowest quarter of the sector
20182020
Solvency
-30.9%
▲ 0.5pp
2020
lowest quarter of the sector
20182020
Current ratio
0.67
▲ 0.01
2020
middle half of the sector
20182020
Return on assets (ROA)
-0.7%
▲ 1.4pp
2020
middle half of the sector
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Turnover€103,765-€33,712
Operating result€47,785--€746€831
Net result€40,066--€5,288-€1,720within the sector's middle half▲ 67.5%
EBIT margin46.1%-2.5%
Equity-€73,698--€78,986▼ 7.2%-€80,706below the sector's middle half▼ 2.2%
Total assets€328,959-€250,899▼ 23.7%€260,867within the sector's middle half▲ 4.0%
Debt€402,657-€329,885▼ 18.1%€341,573▲ 3.5%
Working capital-€130,330--€113,394▲ 13.0%-€114,021below the sector's middle half▼ 0.6%
Solvency-22.4%--31.5%▼ 9.1pp-30.9%below the sector's middle half▲ 0.5pp
Current ratio0.66-0.66=0.67within the sector's middle half▲ 0.01
Return on assets (ROA)12.2%--2.1%▼ 14.3pp-0.7%within the sector's middle half▲ 1.4pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2020 is a profit of €831, after a loss of €746 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €260,867
Fixed assets
€33,315 ▼ 3.2%
Current assets
€227,552 ▲ 5.1%
Equity and liabilities
Equity-€80,706
Debt€341,573
Equity is negative. Debt (€341,573) exceeds the balance-sheet total (€260,867).
Key figures and ratios
EBITDA
€1,924▲
2019 · €347
Cash flow
-€627▲
2019 · -€4,195
Debt ≤ 1 year
€341,573▲
2019 · €329,885
Income taxes
€148
Customer credit
2463 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €103,765 | - | €33,712 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,490 | €1,093 | €1,093 | = |
| Gross operating margin9900 | €51,230 | €14,402 | €2,081 | ▼ 85.6% |
| Operating profit (loss)9901 | €47,785 | -€746 | €831 | - |
| Recurring financial income75 | €10 | €658 | - | - |
| Recurring financial charges65 | €7,575 | €5,200 | €2,403 | ▼ 53.8% |
| Profit (loss) for the period before taxes9903 | €40,220 | -€5,288 | -€1,572 | ▲ 70.3% |
| Income taxes67/77 | €154 | - | €148 | - |
| Profit (loss) for the period9904 | €40,066 | -€5,288 | -€1,720 | ▲ 67.5% |
| Profit (loss) for the period to be appropriated9905 | €40,066 | -€5,288 | -€1,720 | ▲ 67.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €328,959 | €250,899 | €260,867 | ▲ 4.0% |
| Fixed assets21/28 | €77,391 | €34,408 | €33,315 | ▼ 3.2% |
| Tangible fixed assets22/27 | €77,312 | €34,329 | €33,236 | ▼ 3.2% |
| Financial fixed assets28 | €79 | €79 | €79 | = |
| Current assets29/58 | €251,568 | €216,491 | €227,552 | ▲ 5.1% |
| Amounts receivable within one year40/41 | €243,568 | €216,447 | €227,478 | ▲ 5.1% |
| Cash at bank and in hand54/58 | €8,000 | €44 | €74 | ▲ 68.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €328,959 | €250,899 | €260,867 | ▲ 4.0% |
| Equity10/15 | -€73,698 | -€78,986 | -€80,706 | ▼ 2.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €15,626 | €15,626 | €15,626 | = |
| Profit (loss) carried forward14 | -€107,924 | -€113,212 | -€114,932 | ▼ 1.5% |
| Amounts payable17/49 | €402,657 | €329,885 | €341,573 | ▲ 3.5% |
| Amounts payable after more than one year17 | €20,759 | - | - | - |
| Amounts payable within one year42/48 | €381,898 | €329,885 | €341,573 | ▲ 3.5% |
| Trade debts44 | €2,181 | €6,399 | €10,234 | ▲ 59.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,066 | -€5,288 | -€1,720 | ▲ 67.5% |
| + Depreciation and write-downs630 | €2,490 | €1,093 | €1,093 | = |
| Operating cash flow (approximation) | €42,556 | -€4,195 | -€627 | ▲ 85.1% |
| Investment in fixed assets (approximation) | - | €41,890 | €0 | ▼ 100% |
| Change in cash | - | -€7,956 | €30 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 20-07-2021 | 2021-37500235 | |
| 31-12-2019 | micro format | 04-11-2020 | 2020-68800184 | |
| 31-12-2018 | micro format | 20-12-2019 | 2019-77100092 | |
| 31-12-2017 | full format | 04-07-2018 | 2018-28800328 | |
| 31-12-2016 | full format | 31-07-2017 | 2017-40400378 | |
| 31-12-2015 | full format | 29-06-2016 | 2016-24600270 | |
| 31-12-2014 | full format | 13-07-2015 | 2015-30000505 | |
| 31-12-2013 | full format | 28-08-2014 | 2014-49700128 | |
| 31-12-2012 | full format | 03-06-2013 | 2013-14700500 | |
| 31-12-2011 | full format | 05-06-2012 | 2012-14800492 |