VORDENSTEIN
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 29-01-2025, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
91 d early
2023
22 d early
2022
4 d early
2021
38 d early
2020
33 d early
2019
24 d early
2018
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 36 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?HOLDING SENIOR INVEST, EN ABREGE : H.S.I. · 11 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Turnover
€375,000▼ 43.2%
2022 · €660,000
EBIT margin
5098.4%▲ 8082.1pp
2022 · -2983.7%
Net result
€583,820▼ 97.0%
2023 · €19.1m
Working capital
€209,879
2022 · -€18.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€610,000▲ 29.8%€560,000▼ 8.2%€660,000▲ 17.9%€375,000▼ 43.2%
Operating result-€4,271▼ 31.8%-€3,307▲ 22.6%-€19.7m▼ 595,392%€19.1m€549,872▼ 97.1%
Net result€9,794▼ 3.2%€10,778▲ 10.1%-€19.7m€19.1m€583,820▼ 97.0%
EBIT margin-0.7%=-0.6%▲ 0.1pp-2983.7%▼ 2983.1pp5098.4%▲ 8082.1pp
Equity€735,608▲ 1.3%€746,386▲ 1.5%-€18.9m€209,400€793,220▲ 279%
Total assets€24.7m▲ 23.2%€28.4m▲ 15.3%€13.3m▼ 53.2%€366,818▼ 97.2%€793,220▲ 116%
Debt€23.9m▲ 24.0%€27.7m▲ 15.7%€32.3m▲ 16.5%€157,418▼ 99.5%
Working capital€736,209▲ 1.3%€746,898▲ 1.5%-€18.9m€209,879
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result -97% on 2023. This fiscal year ran 9 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 97% below 2023.
Key figures and ratios
Solvency
100.0%▲
2023 · 57.1%
ROE
73.6%
ROA
73.6%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €610,000 | €560,000 | €660,000 | €375,000 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €562,439 | €664,767 | €380,087 | €2,711 | ▼ 99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,249 | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €19.7m | -€19.1m | -€561,525 | ▲ 97.1% |
| Other operating charges640/8 | - | €868 | €868 | €960 | €1,040 | ▲ 8.3% |
| Non-recurring operating charges66A | - | - | - | - | €7,901 | - |
| Gross operating margin9900 | -€2,154 | -€2,439 | -€4,767 | -€5,087 | -€2,711 | ▲ 46.7% |
| Operating profit (loss)9901 | -€4,271 | -€3,307 | -€19.7m | €19.1m | €549,872 | ▼ 97.1% |
| Financial income75/76B | - | €620,073 | €638,978 | €1.8m | €35,380 | ▼ 98.1% |
| Recurring financial income75 | €514,128 | €620,073 | €638,978 | €1.8m | €35,380 | ▼ 98.1% |
| Financial charges65/66B | - | €602,064 | €622,558 | €1.8m | €1,433 | ▼ 99.9% |
| Recurring financial charges65 | €496,498 | €602,064 | €622,558 | €1.8m | €1,433 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | €13,359 | €14,702 | -€19.7m | €19.1m | €583,820 | ▼ 97.0% |
| Income taxes67/77 | €3,565 | €3,924 | €2,878 | €6,774 | - | - |
| Profit (loss) for the period9904 | €9,794 | €10,778 | -€19.7m | €19.1m | €583,820 | ▼ 97.0% |
| Profit (loss) for the period to be appropriated9905 | €9,794 | €10,778 | -€19.7m | €19.1m | €583,820 | ▼ 97.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24.7m | €28.4m | €13.3m | €366,818 | €793,220 | ▲ 116% |
| Current assets29/58 | €24.7m | €28.4m | €13.3m | €366,818 | €793,220 | ▲ 116% |
| Amounts receivable within one year40/41 | €24.7m | €28.4m | €13.3m | €366,818 | €793,220 | ▲ 116% |
| Trade receivables40 | - | €50,000 | €55,000 | - | - | - |
| Other amounts receivable41 | - | €28.4m | €13.3m | €366,818 | €793,220 | ▲ 116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24.7m | €28.4m | €13.3m | €366,818 | €793,220 | ▲ 116% |
| Equity10/15 | €735,608 | €746,386 | -€18.9m | €209,400 | €793,220 | ▲ 279% |
| Contributions10/11 | - | €420,000 | €420,000 | €420,000 | €420,000 | = |
| Reserves13 | €42,000 | €42,000 | €42,000 | €42,000 | €42,000 | = |
| Non-distributable reserves130/1 | - | €42,000 | €42,000 | €42,000 | €42,000 | = |
| Reserves not available under the articles1311 | - | €42,000 | €42,000 | €42,000 | €42,000 | = |
| Profit (loss) carried forward14 | €273,608 | €284,386 | -€19.4m | -€252,600 | €331,220 | ▲ 231% |
| Amounts payable17/49 | €23.9m | €27.7m | €32.3m | €157,418 | - | - |
| Amounts payable within one year42/48 | €23.9m | €27.7m | €32.3m | €156,939 | - | - |
| Trade debts44 | €102,081 | €52,148 | €114,679 | €3,724 | - | - |
| Suppliers440/4 | - | €52,148 | €114,679 | €3,724 | - | - |
| Taxes, remuneration and social security45 | - | €7,489 | €2,878 | €6,579 | - | - |
| Taxes450/3 | - | €7,489 | €2,878 | €6,579 | - | - |
| Other amounts payable47/48 | - | €27.6m | €32.1m | €146,636 | - | - |
| Accrued charges and deferred income492/3 | - | €512 | €478 | €478 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,794 | €10,778 | -€19.7m | €19.1m | €583,820 | ▼ 97.0% |
| + Depreciation and write-downs630 | €1,249 | - | - | - | - | - |
| Operating cash flow (approximation) | €11,043 | €10,778 | -€19.7m | €19.1m | €583,820 | ▼ 97.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-10
State Gazette act
Demerger · Accounting effect
Transfer mode · Transfer consideration · Tim CARNEWAL
30-09
Financial
Equity above €500,000Eq €793,220 ▲279%
2 profitable years in a row build equity to €793,220.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €19.1m
Net result €19.1m after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 2.34
Current ratio from 0.41 to 2.34; short-term debt falls from €32.3m to €156,939.
31-12
Financial
Equity above €200,000Eq €209,400
Equity rises from -€18.9m to €209,400.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€19.7m
Net result drops to -€19.7m, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Back to profitnet €10,117
Net result €10,117 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 25 acts read
About the unread acts
We know of 25 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Part of the group
HOLDING SENIOR INVEST, EN ABREGE : H.S.I.
11 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- HOLDING SENIOR INVEST, EN ABREGE : H.S.I.
- VORDENSTEIN
Highest known parent: HOLDING SENIOR INVEST, EN ABREGE : H.S.I.. The sources do not say who stands above it.
Owners 1
- 100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionSplit off to:ORPIMMO
Recognitions · licences · registrations
Care and welfare
2 services · 0 liveHOME REINAERT
RESIDENTIE JULIEN