VINIWORLD
Open bankruptcyFinancials · financial year 2022, abbreviated format
Equity
€740,229▲ 36.9%
2021 · €540,809
Total assets
€1.1m▲ 21.7%
2021 · €928,297
Net result
€199,420▲ 130%
2021 · €86,717
Working capital
€729,860▲ 38.5%
2021 · €526,846
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 143% above 2021 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2022
Net result€0.2m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2022
Equity€0.7m
2022
Debt€0.4m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.7m
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)17.7%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency65.5%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.95
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.06m-€0.07m▲ 12.1%€0.05m▼ 18.5%€0.1m▲ 75.6%€0.2m▲ 143%
Net result€0.06m-€0.07m▲ 17.8%€0.07mwithin the sector's middle half▲ 4.1%€0.09mwithin the sector's middle half▲ 20.5%€0.2mabove the sector's middle half▲ 130%
Equity€0.3m-€0.4m▲ 22.1%€0.5mwithin the sector's middle half▲ 18.8%€0.5mwithin the sector's middle half▲ 19.1%€0.7mabove the sector's middle half▲ 36.9%
Total assets€0.6m-€0.7m▲ 25.7%€0.8mwithin the sector's middle half▲ 14.0%€0.9mwithin the sector's middle half▲ 12.1%€1.1mwithin the sector's middle half▲ 21.7%
Debt€0.3m-€0.3m▲ 30.0%€0.4m▲ 8.6%€0.4m▲ 3.5%€0.4m▲ 0.6%
Working capital€0.3m-€0.4m▲ 22.4%€0.4mabove the sector's middle half▲ 17.4%€0.5mabove the sector's middle half▲ 18.5%€0.7mabove the sector's middle half▲ 38.5%
Solvency54.2%-52.6%▼ 1.6pp54.8%within the sector's middle half▲ 2.2pp58.3%within the sector's middle half▲ 3.4pp65.5%above the sector's middle half▲ 7.3pp
Current ratio2.17-2.10▼ 0.072.29within the sector's middle half▲ 0.192.43within the sector's middle half▲ 0.142.95above the sector's middle half▲ 0.52
Return on assets (ROA)10.2%-9.5%▼ 0.6pp8.7%within the sector's middle half▼ 0.8pp9.3%within the sector's middle half▲ 0.7pp17.7%above the sector's middle half▲ 8.3pp
Staff (FTE)0.4-
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.1m
Fixed assets
€26,127 ▼ 23.4%
Current assets
€1.1m ▲ 23.4%
Equity and liabilities €1.1m
Equity
€740,229 ▲ 36.9%
Debt
€389,625 ▲ 0.6%
Debt's share of the balance-sheet total falls from 41.7% to 34.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€241,709▲
2021 · €103,618
Cash flow
€207,417▲
2021 · €94,208
Quick ratio
2.59▲
2021 · 2.06
Debt to equity
0.53▼
2021 · 0.72
ROE
26.9%▲
2021 · 16.0%
Interest coverage
over 100▲
2021 · 43.70
Debt ≤ 1 year
€373,867▲
2021 · €367,326
Debt > 1 year
€12,258▼
2021 · €16,608
Income taxes
€72,904▲
2021 · €37,092
Staff costs
€9,886▼
2021 · €14,299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €14,299 | €9,886 | ▼ 30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,591 | - | €1,972 | €7,491 | €7,998 | ▲ 6.8% |
| Other operating charges640/8 | - | - | - | €46,303 | €55,558 | ▲ 20.0% |
| Non-recurring operating charges66A | - | - | - | €1,043 | - | - |
| Gross operating margin9900 | €79,666 | €121,886 | €154,740 | €165,263 | €307,153 | ▲ 85.9% |
| Operating profit (loss)9901 | €59,938 | €67,190 | €54,746 | €96,127 | €233,712 | ▲ 143% |
| Financial income75/76B | - | - | - | €30,053 | €40,951 | ▲ 36.3% |
| Recurring financial income75 | €31,468 | €37,120 | €47,421 | €30,053 | €40,951 | ▲ 36.3% |
| Financial charges65/66B | - | - | - | €2,371 | €2,339 | ▼ 1.4% |
| Recurring financial charges65 | €2,357 | €945 | €1,514 | €2,371 | €2,339 | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | €89,049 | €103,364 | €100,653 | €123,809 | €272,324 | ▲ 120% |
| Income taxes67/77 | €30,370 | €34,240 | €28,710 | €37,092 | €72,904 | ▲ 96.5% |
| Profit (loss) for the period9904 | €58,679 | €69,124 | €71,943 | €86,717 | €199,420 | ▲ 130% |
| Transfer from tax-exempt reserves789 | - | - | - | €12,500 | - | - |
| Profit (loss) for the period to be appropriated9905 | €58,679 | €69,124 | €71,943 | €99,217 | €199,420 | ▲ 101% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 21.7% |
| Fixed assets21/28 | €0.004m | €0.004m | €0.04m | €0.03m | €0.03m | ▼ 23.4% |
| Tangible fixed assets22/27 | - | - | €0.04m | €0.03m | €0.02m | ▼ 26.2% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | ▼ 26.2% |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Current assets29/58 | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 23.4% |
| Stocks and contracts in progress3 | €0.02m | €0.07m | €0.1m | €0.1m | €0.1m | ▼ 1.8% |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | ▼ 1.8% |
| Amounts receivable within one year40/41 | €0.5m | €0.6m | €0.6m | €0.7m | €0.9m | ▲ 22.5% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | ▲ 8.8% |
| Other amounts receivable41 | - | - | - | €0.5m | €0.7m | ▲ 28.6% |
| Cash at bank and in hand54/58 | €0.06m | €0.04m | €0.01m | €0.01m | €0.06m | ▲ 340% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | ▲ 67.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 21.7% |
| Equity10/15 | €0.3m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 36.9% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.3m | €0.4m | €0.4m | €0.5m | €0.7m | ▲ 37.9% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 0.6% |
| Amounts payable after more than one year17 | - | - | €0.03m | €0.02m | €0.01m | ▼ 26.2% |
| Financial debts170/4 | - | - | - | €0.02m | €0.01m | ▼ 26.2% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 1.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.01m | ▼ 60.3% |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 14.0% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | ▼ 14.0% |
| Advances received on contracts in progress46 | - | - | - | €0.03m | €0.03m | = |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.1m | ▲ 82.9% |
| Taxes450/3 | - | - | - | €0.07m | €0.1m | ▲ 84.5% |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0.001m | ▼ 22.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.004m | ▼ 1.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,679 | €69,124 | €71,943 | €86,717 | €199,420 | ▲ 130% |
| + Depreciation and write-downs630 | €1,591 | - | €1,972 | €7,491 | €7,998 | ▲ 6.8% |
| Operating cash flow (approximation) | €60,270 | €69,124 | €73,915 | €94,208 | €207,417 | ▲ 120% |
| Investment in fixed assets (approximation) | - | €0 | -€37,429 | -€2,560 | €0 | ▲ 100% |
| Change in cash | - | -€21,473 | -€21,799 | -€1,097 | €43,827 | ▲ 4,096% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of the 1,498 companies in this sector, figures are known for 655. 397 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: not fully processed yet. The notices from August 2024 to September 2026 are still being read.