VAFIMO
InactiveInactive; last annual accounts for fiscal year 2017.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 25-06-2018, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, micro schema
Equity
€770k▲ 2.3%
2016 · €752k
2013: €528k
2014: €591k
2015: €561k
2016: €752k
2013 → 2017
Total assets
€771k▼ 22.5%
2016 · €994k
2013: €1.09M
2014: €1.02M
2015: €914k
2016: €994k
2013 → 2017
Net result
€17k▼ 90.9%
2016 · €191k
2013: €57k
2014: €63k
2015: €70k
2016: €191k
2013 → 2017
Working capital
€70k
2016 · €-15k
2013: €-89k
2014: €-42k
2015: €-113k
2016: €-15k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€528k-€591k▲ 11.9%€561k▼ 5.1%€752k▲ 34.1%€770k▲ 2.3%
Operating result€108k-€111k▲ 2.2%€119k▲ 7.0%€302k▲ 155%€26k▼ 91.3%
Net result€57k-€63k▲ 9.4%€70k▲ 11.6%€191k▲ 173%€17k▼ 90.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 91% below 2016 and is the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €771k
Fixed assets
€700k ▼ 8.9%
Current assets
€71k ▼ 68.6%
Equity and liabilities €771k
Equity
€770k ▲ 2.3%
Debt
€779 ▼ 99.7%
Debt's share of the balance-sheet total falls from 24.3% to 0.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94k▼
2016 · €370k
Cash flow
€86k▼
2016 · €260k
Current ratio
91.06▲
2016 · 0.94
ROE
2.3%▼
2016 · 25.4%
ROA
2.3%▼
2016 · 19.3%
Debt ≤ 1 year
€779▼
2016 · €241k
Income taxes
€7k▼
2016 · €95k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2017 against 2016 · 23 lines
Balance sheet
Code20162017
Assets
Total assets20/58€994k€771k▼
Fixed assets21/28€768k€700k▼
Tangible fixed assets22/27€768k€700k▼
Current assets29/58€226k€71k▼
Amounts receivable within one year40/41€179k-
Cash at bank and in hand54/58€43k€71k▲
Equity and liabilities
Total equity and liabilities10/49€994k€771k▼
Equity10/15€752k€770k▲
Contributions10/11€399k€399k=
Reserves13€68k€68k=
Profit (loss) carried forward14€286k€303k▲
Amounts payable17/49€241k€779▼
Amounts payable within one year42/48€241k€779▼
Trade debts44€12€12=
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€68k=
Gross operating margin9900€382k€107k▼
Operating profit (loss)9901€302k€26k▼
Recurring financial income75€6-
Recurring financial charges65€16k€2k▼
Profit (loss) for the period before taxes9903€286k€25k▼
Income taxes67/77€95k€7k▼
Profit (loss) for the period9904€191k€17k▼
Profit (loss) for the period to be appropriated9905€145k€17k▼
Timeline · acts, filings and financial milestones
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
22-05
State Gazette act
Board meeting · Merger
Accounting effect · Real estate
2017
31-12
Financial
Weakest financial yearnet €17k ▼90.9%
Net result drops to €17k, the lowest in the series.
31-12
Financial
Liquidity times 97current ratio 91.06
Current ratio from 0.94 to 91.06; short-term debt falls from €241k to €779.
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-12
Financial
Highest result since 2013net €191k ▲173%
Operating result €302k, net result €191k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
02-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
02-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
23-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
12-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
02-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
02-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Roelandt