VIOLET SERVICES
VIOLET SERVICES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119k and a net result of €20k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €119k |
| Net result | €20k |
| Better than sector | 71% |
| Active | 16 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 72.4% | 50.9% | |
| Net result | €20k | €14k | |
| Equity | €119k | €57k | |
| Gross operating margin | €30k | €37k | |
| Total assets | €164k | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €26k | €63k | €8k | €2k |
| Net profit | €20k | €46k | €5k | €-11k |
| Cash flow | €22k | €48k | €6k | €2k |
| Staff costs | - | - | - | - |
| Income taxes | €10k | €20k | €2k | €474 |
| Dividends | - | - | - | - |
| Total assets | €164k | €132k | €58k | €75k |
| Equity | €119k | €99k | €54k | €49k |
| Debt | €45k | €33k | €4k | €27k |
| of which ≤ 1y | €45k | €33k | €4k | €9k |
| of which > 1y | - | - | - | €17k |
| Working capital | €113k | €95k | €48k | €36k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 3.49 | 3.92 | 12.65 | 4.93 |
| Quick ratio | 3.49 | 3.92 | 12.65 | 4.93 |
| Working capital ratio | 68.5% | 72.4% | 82.5% | 48.1% |
| Solvency | 72.4% | 75.2% | 92.9% | 64.8% |
| Debt / equity | 0.38 | 0.33 | 0.08 | 0.35 |
| Long-term debt ratio | - | - | - | 0.35 |
| Interest coverage | 11.20 | 42.65 | 23.35 | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 12.1% | 34.6% | 8.4% | -14.5% |
| ROE | 16.7% | 45.9% | 9.0% | -22.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €164k | €132k | €58k | €75k |
| Fixed assets | 21/28 | €6k | €4k | €6k | €30k |
| Formation expenses | 20 | €0 | €0 | - | - |
| Intangible fixed assets | 21 | €2k | €4k | €6k | €8k |
| Tangible fixed assets | 22/27 | €4k | - | - | €22k |
| Current assets | 29/58 | €158k | €128k | €52k | €45k |
| Amounts receivable within one year | 40/41 | €148k | €119k | €34k | €17k |
| Cash & bank | 54/58 | €1k | €3k | €17k | €28k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €164k | €132k | €58k | €75k |
| Equity | 10/15 | €119k | €99k | €54k | €49k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | - |
| Reserves | 13 | €113k | €93k | €47k | €43k |
| Accumulated profits (losses) | 14 | - | - | - | €48k |
| Amounts payable | 17/49 | €45k | €33k | €4k | €27k |
| Amounts payable after one year | 17 | - | - | - | €17k |
| Amounts payable within one year | 42/48 | €45k | €33k | €4k | €9k |
| Trade debts payable within one year | 44 | €2k | €75 | €1k | €578 |
| Income statement | |||||
| Gross operating margin | 9900 | €30k | €63k | €13k | €3k |
| Operating result | 9901 | €25k | €61k | €7k | €-10k |
| Financial income | 75 | €8k | €6k | €549 | €538 |
| Financial charges | 65 | €2k | €1k | €355 | €497 |
| Result before taxes | 9903 | €30k | €65k | €7k | €-10k |
| Income taxes | 67/77 | €10k | €20k | €2k | €474 |
| Net result for the period | 9904 | €20k | €46k | €5k | €-11k |
| Result to be appropriated | 9905 | €20k | €46k | €5k | €-11k |
-
Herwig MullensDirectorState Gazette act 23325702 (23-03-2023)Current23-03-2023 → present
Former directors (2)
-
Luciana AmadioDirectorState Gazette act 23325702 (23-03-2023)Former- → 10-03-2023
-
Salvataro VizzineDirectorState Gazette act 23325702 (23-03-2023)Former- → 10-03-2023
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 30-07-2010 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0376/00G000 | Flanders | 1,347 m² | 1 · 414 m² | 15.9 m · 5 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-03-2023 1 director appointed, 2 resigning
- Herwig Mullens, Bestuurder
- Salvataro Vizzine, Bestuurder
- Luciana Amadio, Bestuurder
Technical details
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}| Legal nameNL | VIOLET SERVICES |