VVS SERVICES
ActiveFinancials · financial year 2024, micro format
2024 annual accounts filed 12 days after the deadline Filed on 12 February 2025, deadline 31 January 2025 (7 months after the close on 30 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00033504.
Annual accounts 2024 filed on 12-02-2025 PDF
Turnover
≈ €130,000
Estimated: probably between €90,000 and €220,000
Total assets
€24,205
Net result
€974
Working capital
-€7,558
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €24,205
Fixed assets
€11,532
Current assets
€12,674
Equity and liabilities €24,205
Equity
€3,974
Debt
€20,232
Debt's share of the balance-sheet total is 83.6%.
Key figures and ratios
EBITDA
€3,826
Cash flow
€2,707
Current ratio
0.63
Debt to equity
5.09
ROE
24.5%
ROA
4.0%
Interest coverage
3.40
Debt ≤ 1 year
€20,232
Staff costs
€19,866
Investments
| Item | 30-06-2024 |
|---|---|
| Tangible fixed assets | €4,168 |
| Financial fixed assets | €9,098 |
| Depreciation and write-downs of the year | €1,734 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 |
|---|---|
| Remuneration, social security and pensions62 | €19,866 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,734 |
| Other operating charges640/8 | €273 |
| Gross operating margin9900 | €23,965 |
| Operating profit (loss)9901 | €2,092 |
| Financial income75/76B | €5 |
| Recurring financial income75 | €5 |
| Financial charges65/66B | €1,124 |
| Recurring financial charges65 | €1,124 |
| Profit (loss) for the period before taxes9903 | €974 |
| Profit (loss) for the period9904 | €974 |
| Profit (loss) for the period to be appropriated9905 | €974 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €24,205 | |
| Fixed assets21/28 | €11,532 | |
| Tangible fixed assets22/27 | €2,434 | |
| Furniture and vehicles24 | €2,434 | |
| Financial fixed assets28 | €9,098 | |
| Current assets29/58 | €12,674 | |
| Amounts receivable within one year40/41 | €10,559 | |
| Trade receivables40 | €10,559 | |
| Cash at bank and in hand54/58 | €2,115 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €24,205 | |
| Equity10/15 | €3,974 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €974 | |
| Amounts payable17/49 | €20,232 | |
| Amounts payable within one year42/48 | €20,232 | |
| Trade debts44 | €1,317 | |
| Suppliers440/4 | €1,317 | |
| Taxes, remuneration and social security45 | €5,329 | |
| Taxes450/3 | €4,379 | |
| Remuneration and social security454/9 | €950 | |
| Other amounts payable47/48 | €13,585 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €974 |
| + Depreciation and write-downs630 | €1,734 |
| Operating cash flow (approximation) | €2,707 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | micro format | 12-02-2025 | 2025-00033504 |