VIRTEO
Annual accounts 2020
abbreviated format, filed on 25-06-2021, 36 days before the deadline€606,266
▲ 57.1%
-€905,325
▲ €126,011
-€913,085
▲ €127,755
-€582,896
▼ €287,320
-6.5%
▼ 20.1 percentage points
0.39
▲ 0.13
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €860,000 and €2.4m.
Balance sheet
balance sheet total €1.6m on 31-12-2020What the company ownsHow it is paid for
in euro
in euro
Staff
€74,565
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2020, 5 people joined and 4 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
1.6m | 1.7m | 2.2m | 2.3m | 2.2m | 837,631 | 502,504 | 176,130 | 3,719 | 129,473 | 168,721 | |
20 |
- | - | - | - | - | - | - | 282 | 621 | 959 | 1,298 | |
21/28 |
1.3m | 1.6m | 1.9m | 2.1m | 1.4m | 792,039 | 436,044 | 782 | 621 | 97,320 | 125,659 | |
21 |
1.3m | 1.6m | 1.9m | 2.1m | 1.4m | 785,302 | 434,968 | - | - | - | - | |
22/27 |
4,577 | 5,613 | 9,181 | 15,464 | 13,857 | 5,458 | 1,076 | 500 | - | 96,361 | 124,362 | |
23 |
953 | 207 | 622 | 1,036 | 935 | 1,247 | - | - | - | - | - | |
24 |
3,623 | 5,406 | 8,560 | 14,428 | 12,922 | 4,211 | 1,076 | 500 | - | 96,361 | 124,362 | |
28 |
- | - | - | - | - | 1,280 | - | - | - | - | - | |
29/58 |
365,087 | 99,896 | 313,889 | 208,808 | 769,255 | 45,592 | 66,459 | 175,348 | 3,098 | 32,153 | 43,062 | |
40/41 |
74,508 | 75,397 | 74,916 | 88,937 | 52,566 | 41,068 | 37,599 | 117,307 | 76 | 11,770 | 19,004 | |
40 |
74,508 | 75,397 | 70,012 | 1,222 | 18,968 | 4,223 | 5,982 | 99,805 | 38 | 10,993 | 18,998 | |
41 |
- | - | 4,904 | 87,714 | 33,598 | 36,844 | 31,617 | 17,502 | 37 | 777 | 5 | |
54/58 |
256,247 | 18,041 | 229,231 | 86,835 | 700,546 | - | 22,265 | 58,028 | 3,010 | 19,181 | 21,140 | |
490/1 |
34,332 | 6,458 | 9,743 | 33,036 | 16,143 | 4,524 | 6,595 | 13 | 13 | 1,202 | 2,919 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
1.6m | 1.7m | 2.2m | 2.3m | 2.2m | 837,631 | 502,504 | 176,130 | 3,719 | 129,473 | 168,721 | |
10/15 |
-107,615 | 232,925 | 941,212 | 790,381 | 586,363 | 134,111 | 116,337 | 34,798 | -29,123 | -507 | 18,988 | |
10/11 |
4.6m | 4.0m | 3.6m | 2.6m | 1.5m | 342,000 | 62,000 | 62,000 | 25,000 | 25,000 | 25,000 | |
100 |
4.6m | 4.0m | 3.6m | 2.6m | 1.5m | 342,000 | 62,000 | 62,000 | 25,000 | 25,000 | 25,000 | |
14 |
-4.7m | -3.8m | -2.8m | -1.9m | -1.0m | -345,154 | -82,928 | -27,202 | -54,123 | -25,507 | -6,012 | |
15 |
- | 27,456 | 54,908 | 82,360 | 109,813 | 137,265 | 137,265 | - | - | - | - | |
16 |
37,000 | 53,000 | - | - | - | - | - | - | - | - | - | |
160/5 |
37,000 | 53,000 | - | - | - | - | - | - | - | - | - | |
164/5 |
37,000 | 53,000 | - | - | - | - | - | - | - | - | - | |
17/49 |
1.7m | 1.4m | 1.3m | 1.5m | 1.6m | 703,520 | 386,167 | 141,332 | 32,842 | 129,980 | 149,734 | |
17 |
753,604 | 1.0m | 1.0m | 714,709 | 1.0m | 289,474 | 250,000 | - | - | 79,128 | 93,009 | |
170/4 |
753,604 | 1.0m | 1.0m | 714,709 | 1.0m | 289,474 | 250,000 | - | - | 79,128 | 93,009 | |
42/48 |
947,983 | 395,473 | 276,193 | 534,622 | 274,848 | 357,860 | 131,347 | 141,332 | 32,791 | 50,792 | 56,668 | |
42 |
55,196 | 61,371 | 71,535 | 70,228 | 61,823 | 60,526 | - | - | - | 16,167 | 26,909 | |
43 |
500,000 | 60,000 | - | 186,819 | - | 96,363 | - | - | - | - | - | |
430/8 |
500,000 | - | - | 186,819 | - | 96,363 | - | - | - | - | - | |
439 |
- | 60,000 | - | - | - | - | - | - | - | - | - | |
44 |
265,463 | 168,085 | 117,857 | 155,034 | 101,662 | 194,336 | 96,388 | 111,921 | 136 | 5,932 | 6,900 | |
440/4 |
265,463 | 168,085 | 117,857 | 155,034 | 101,662 | 194,336 | 96,388 | 111,921 | 136 | 5,932 | 6,900 | |
45 |
127,323 | 106,017 | 86,801 | 122,541 | 53,363 | 6,636 | 5,548 | - | 131 | 6,520 | 1,916 | |
450/3 |
47,132 | 30,178 | 5,960 | 3,394 | 608 | 73 | 68 | - | 131 | 2,770 | 16 | |
454/9 |
80,191 | 75,838 | 80,841 | 119,147 | 52,756 | 6,563 | 5,480 | - | - | 3,750 | 1,900 | |
47/48 |
- | - | - | - | 58,000 | - | 29,411 | 29,411 | 32,525 | 22,173 | 20,944 | |
492/3 |
14,132 | 42,417 | 17,837 | 261,898 | 314,403 | 56,186 | 4,820 | - | 51 | 59 | 56 | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | - | 64 | - | - | - | - | |
9900 |
606,266 | 385,878 | 340,094 | 285,609 | -43,346 | -190,913 | -2,440 | 33,851 | -13,882 | 25,304 | 27,984 | |
62 |
775,479 | 738,531 | 705,002 | 802,479 | 441,355 | 62,000 | 44,900 | - | - | - | - | |
630 |
679,297 | 616,381 | 516,449 | 323,396 | 165,278 | 2,460 | 1,000 | 672 | 741 | 30,896 | 25,485 | |
635/8 |
-16,000 | 53,000 | - | - | - | - | - | - | - | - | - | |
640/8 |
72,815 | 9,302 | 4,737 | 1,834 | 14,455 | 831 | 680 | 5,371 | 7,545 | 5,133 | 2,107 | |
9901 |
-905,325 | -1.0m | -886,094 | -842,101 | -664,434 | -256,204 | -49,020 | 27,807 | -22,169 | -10,725 | 392 | |
75/76B |
27,600 | 27,594 | 29,148 | 28,210 | 27,454 | 69 | 40 | 0 | 88 | 23 | 158 | |
75 |
27,600 | 27,594 | 29,148 | 28,210 | 27,454 | 69 | 40 | 0 | 88 | 23 | 158 | |
65/66B |
33,127 | 34,392 | 32,041 | 31,326 | 36,532 | 6,001 | 6,733 | 973 | 6,446 | 8,793 | 6,563 | |
65 |
33,127 | 34,392 | 32,041 | 31,326 | 36,532 | 6,001 | 6,733 | 973 | 6,446 | 8,793 | 6,563 | |
9903 |
-910,852 | -1.0m | -888,986 | -845,217 | -673,512 | -262,136 | -55,649 | 26,835 | -28,527 | -19,495 | -6,012 | |
67/77 |
2,233 | 2,707 | 2,731 | 3,309 | 609 | 89 | 78 | -86 | 89 | - | - | |
9904 |
-913,085 | -1.0m | -891,717 | -848,526 | -674,121 | -262,226 | -55,726 | 26,921 | -28,616 | -19,495 | -6,012 | |
9905 |
-913,085 | -1.0m | -891,717 | -848,526 | -674,121 | -262,226 | -55,726 | 26,921 | -28,616 | -19,495 | -6,012 | |
| Appropriation of the result | ||||||||||||
9906 |
-4.7m | -3.8m | -2.8m | -1.9m | -1.0m | -345,154 | -82,928 | -27,202 | -54,123 | -25,507 | -6,012 | |
| Social balance sheet | ||||||||||||
9087 |
10.4 | 9.4 | 8.7 | 10.6 | 7.2 | 1.2 | 1 | - | - | - | - | |
Hours worked1013 |
18,716 | 16,560 | 15,124 | 17,376 | 12,384 | 2,248 | 1,640 | - | - | - | - | |
| Document | ||||||||||||
Source: Annual accounts 2020 (PDF), filed on 25-06-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-28200134 | |
| 31-12-2019 | abbreviated format | 13-07-2020 | 2020-30400054 | |
| 31-12-2018 | abbreviated format | 27-06-2019 | 2019-27300292 | |
| 31-12-2017 | abbreviated format | 18-06-2018 | 2018-19600593 | |
| 31-12-2016 | abbreviated format | 18-07-2017 | 2017-32900079 | |
| 31-12-2015 | abbreviated format | 26-07-2016 | 2016-37700538 | |
| 31-12-2014 | abbreviated format | 26-08-2015 | 2015-47300180 | |
| 31-12-2013 | abbreviated format | 22-07-2014 | 2014-33200068 | |
| 31-12-2012 | abbreviated format | 02-05-2013 | 2013-11200018 | |
| 31-12-2011 | abbreviated format | 27-07-2012 | 2012-35200116 | |
| 31-12-2010 | abbreviated format | 01-07-2011 | 2011-24700320 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -226,028 | -414,955 | -369,645 | -518,705 | -499,156 | -253,744 | -48,020 | 28,479 | -21,428 | 20,171 | 25,877 | ||
| -233,788 | -424,460 | -375,268 | -525,129 | -508,843 | -259,766 | -54,727 | 27,593 | -27,875 | 11,401 | 19,473 | ||
| 335,395 | 318,946 | 345,000 | 982,189 | 808,528 | 358,455 | 436,262 | 833 | -95,959 | 2,557 | 149,452 | ||
| 238,205 | -211,189 | 142,395 | -613,711 | - | - | -35,763 | 55,018 | -16,171 | -1,959 | - | ||
| -582,896 | -295,576 | 37,696 | -325,814 | 494,407 | -312,268 | -64,888 | 34,016 | -29,693 | -18,640 | -13,606 | ||
| -6.5% | 13.5% | 42.1% | 34.3% | 26.6% | 16.0% | 23.2% | 19.8% | - | -0.4% | 11.3% | ||
| 0.39 | 0.25 | 1.14 | 0.39 | 2.80 | 0.13 | 0.51 | 1.24 | - | 0.63 | 0.76 | ||
| - | 6.17 | 1.37 | 1.91 | 2.76 | 5.25 | 3.32 | 4.06 | - | - | 7.89 | ||
| - | -446.9% | -94.7% | -107.4% | -115.0% | -195.5% | -47.9% | 77.4% | - | - | -31.7% | ||
| -55.5% | -60.4% | -39.9% | -36.9% | -30.6% | -31.3% | -11.1% | 15.3% | - | -15.1% | -3.6% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on VIRTEO
The operating result for 2020 is a loss of €905,325, smaller than the loss of €1.0m in 2019.
Equity is negative. Debt (€1.7m) exceeds the balance-sheet total (€1.6m).