VTCOM
InactiveFinancials · financial year 2024, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,749=
2023 · €12,749
Working capital
€26,876=
2023 · €26,876
Trend over the years
2021 to 2024, 5 financial years 2018 to 2024, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€15,375
2023
Net result€12,749
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€76,541
2024
Equity€27,636
2024
Debt€48,905
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€26,876
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320232024
Operating result€17,063-€4,756▼ 72.1%€12,185▲ 156%€1,562▼ 87.2%-€8,594€15,375€15,375-
Net result€8,223-€1,651▼ 79.9%€8,588▲ 420%€564▼ 93.4%-€10,439€12,749€12,749-
Equity€14,523-€16,174▲ 11.4%€24,762▲ 53.1%€25,326▲ 2.3%€14,887▼ 41.2%€27,636▲ 85.6%€27,636-€27,636=
Total assets€139,487-€104,660▼ 25.0%€113,933▲ 8.9%€114,060▲ 0.1%€69,530▼ 39.0%€76,541▲ 10.1%€76,541-€76,541=
Debt€124,964-€88,485▼ 29.2%€89,171▲ 0.8%€88,733▼ 0.5%€54,643▼ 38.4%€48,905▼ 10.5%€48,905-€48,905=
Working capital€11,963-€14,226▲ 18.9%€23,159▲ 62.8%€23,936▲ 3.4%€13,968▼ 41.6%€26,876▲ 92.4%€26,876-€26,876=
Staff (FTE)0.4
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76,541
Fixed assets
€760 =
Current assets
€75,781 =
Equity and liabilities €76,541
Equity
€27,636 =
Debt
€48,905 =
Debt's share of the balance-sheet total stays at 63.9%.
Key figures and ratios
Current ratio
1.55=
2023 · 1.55
Quick ratio
0.83=
2023 · 0.83
Debt to equity
1.77=
2023 · 1.77
Debt ≤ 1 year
€48,905=
2023 · €48,905
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 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,945 | €612 | €345 | €212 | €212 | €159 | €159 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €6,833 | -€852 | -€852 | - | - |
| Other operating charges640/8 | - | - | - | €621 | €1,224 | €852 | €852 | - | - |
| Gross operating margin9900 | €27,559 | €10,540 | €21,112 | €2,395 | -€325 | €15,534 | €15,534 | - | - |
| Operating profit (loss)9901 | €17,063 | €4,756 | €12,185 | €1,562 | -€8,594 | €15,375 | €15,375 | - | - |
| Financial income75/76B | - | - | - | €185 | - | - | - | - | - |
| Recurring financial income75 | €38 | - | - | €185 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €846 | €1,842 | €1,437 | €1,437 | - | - |
| Recurring financial charges65 | €3,423 | €1,949 | €1,110 | €846 | €1,842 | €1,437 | €1,437 | - | - |
| Profit (loss) for the period before taxes9903 | €13,679 | €2,807 | €11,076 | €902 | -€10,436 | €13,938 | €13,938 | - | - |
| Income taxes67/77 | €5,455 | €1,156 | €2,488 | €337 | €3 | €1,189 | €1,189 | - | - |
| Profit (loss) for the period9904 | €8,223 | €1,651 | €8,588 | €564 | -€10,439 | €12,749 | €12,749 | - | - |
| Profit (loss) for the period to be appropriated9905 | €8,223 | €1,651 | €8,588 | €564 | -€10,439 | €12,749 | €12,749 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €139,487 | €104,660 | €113,933 | €114,060 | €69,530 | €76,541 | €76,541 | €76,541 | = |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €2,560 | €1,948 | €1,603 | €1,391 | €919 | €760 | €760 | €760 | = |
| Tangible fixed assets22/27 | €2,300 | €1,688 | €1,343 | €1,131 | €919 | €760 | €760 | €760 | = |
| Furniture and vehicles24 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Other tangible fixed assets26 | - | - | - | €1,131 | €919 | €760 | €760 | €760 | = |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | - | - | - | - | - |
| Current assets29/58 | €136,927 | €102,712 | €112,330 | €112,669 | €68,611 | €75,781 | €75,781 | €75,781 | = |
| Stocks and contracts in progress3 | - | - | - | €30,000 | €35,145 | €35,145 | €35,145 | €35,145 | = |
| Stocks30/36 | - | - | - | €30,000 | €35,145 | €35,145 | €35,145 | €35,145 | = |
| Amounts receivable within one year40/41 | €119,970 | €76,946 | €104,004 | €77,822 | €27,659 | €37,983 | €37,983 | €37,983 | = |
| Trade receivables40 | - | - | - | €71,230 | €26,375 | €37,644 | €37,644 | €37,644 | = |
| Other amounts receivable41 | - | - | - | €6,592 | €1,284 | €339 | €339 | €339 | = |
| Cash at bank and in hand54/58 | €16,957 | €25,766 | €8,299 | €4,847 | €4,961 | €2,507 | €2,507 | €2,507 | = |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €847 | €147 | €147 | €147 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €139,487 | €104,660 | €113,933 | €114,060 | €69,530 | €76,541 | €76,541 | €76,541 | = |
| Equity10/15 | €14,523 | €16,174 | €24,762 | €25,326 | €14,887 | €27,636 | €27,636 | €27,636 | = |
| Contributions10/11 | €6,300 | €6,300 | - | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Reserves13 | €8,223 | €9,874 | €18,462 | €19,026 | €19,026 | €19,026 | €19,026 | €19,026 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €17,166 | €17,166 | €17,166 | €17,166 | €17,166 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€10,439 | €2,309 | €2,309 | €2,309 | = |
| Amounts payable17/49 | €124,964 | €88,485 | €89,171 | €88,733 | €54,643 | €48,905 | €48,905 | €48,905 | = |
| Amounts payable within one year42/48 | €124,964 | €88,485 | €89,171 | €88,733 | €54,643 | €48,905 | €48,905 | €48,905 | = |
| Financial debts43 | - | - | - | - | - | €6,000 | €6,000 | €6,000 | = |
| Credit institutions430/8 | - | - | - | - | - | €6,000 | €6,000 | €6,000 | = |
| Trade debts44 | €111,992 | €83,627 | €82,172 | €64,843 | €40,136 | €30,578 | €30,578 | €30,578 | = |
| Suppliers440/4 | - | - | - | €64,843 | €40,136 | €30,578 | €30,578 | €30,578 | = |
| Taxes, remuneration and social security45 | - | - | - | €7,901 | €4,379 | €7,715 | €7,715 | €7,715 | = |
| Taxes450/3 | - | - | - | €7,901 | €4,379 | €7,715 | €7,715 | €7,715 | = |
| Remuneration and social security454/9 | - | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €15,990 | €10,129 | €4,612 | €4,612 | €4,612 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,223 | €1,651 | €8,588 | €564 | -€10,439 | €12,749 | €12,749 | - | - |
| + Depreciation and write-downs630 | €1,945 | €612 | €345 | €212 | €212 | €159 | €159 | - | - |
| Operating cash flow (approximation) | €10,169 | €2,263 | €8,933 | €776 | -€10,227 | €12,908 | €12,908 | - | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €260 | €0 | - | €0 | - |
| Change in cash | - | €8,808 | -€17,466 | -€3,452 | €114 | -€2,454 | - | €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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-01-2024 | full format | 28-08-2024 | 2024-00417286 |
| 31-12-2023 | full format | 28-08-2024 | 2024-00417302 |
| 30-09-2023 | full format | 30-07-2024 | 2024-00319931 |
| 31-12-2022 | full format | 29-08-2023 | 2023-00388933 |
| 31-12-2021 | full format | 11-08-2022 | 2022-20297539 |
| 31-12-2020 | micro format | 30-12-2021 | 2021-82100420 |
| 31-12-2019 | micro format | 30-10-2020 | 2020-67600289 |
| 31-12-2018 | micro format | 14-10-2019 | 2019-69800316 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.