VALTECH HOLDING & MANAGEMENT
InactiveInactive; last annual accounts for fiscal year 2016.
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 31-12-2016 was due by 31-07-2017 and was filed on 12-05-2017, 80 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2016
80 d early
2015
59 d early
2014
56 d early
2013
59 d early
2012
58 d early
2011
63 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€1.66M▼ 16.9%
2015 · €2.00M
2012: €2.10M
2013: €1.64M
2014: €2.00M
2015: €2.00M
2012 → 2016
EBIT margin
55.8%▼ 6.9pp
2015 · 62.8%
2012: 51.6%
2013: 65.2%
2014: 62.8%
2015: 62.8%
2012 → 2016
Net result
€5.05M▲ 178%
2015 · €1.82M
2012: €666k
2013: €778k
2014: €1.06M
2015: €1.82M
2012 → 2016
Working capital
€-1.00M▲ 7.9%
2015 · €-1.09M
2012: €-525k
2013: €-898k
2014: €-1.05M
2015: €-1.09M
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20122013201420152016Trend
Turnover€2.10M-€1.64M▼ 21.9%€2.00M▲ 21.6%€2.00M=€1.66M▼ 16.9%
Equity€4.16M-€4.84M▲ 16.3%€5.75M▲ 18.8%€7.31M▲ 27.2%€12.06M▲ 64.9%
Operating result€1.09M-€1.07M▼ 1.3%€1.26M▲ 17.1%€1.26M=€928k▼ 26.0%
Net result€666k-€778k▲ 16.8%€1.06M▲ 36.1%€1.82M▲ 71.5%€5.05M▲ 178%
Result per fiscal year
Operating resultNet result
The operating result falls in 2016; 2016 is 26% below 2015 and is the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €24.74M
Fixed assets
€24.20M ▲ 10.3%
Current assets
€534k ▲ 593%
Equity and liabilities €26.73M
Equity
€12.06M ▲ 64.9%
Debt
€14.67M ▼ 9.7%
Debt's share of the balance-sheet total falls from 69.0% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€972k▼
2015 · €1.30M
Cash flow
€5.09M▲
2015 · €1.86M
Current ratio
0.35▲
2015 · 0.07
Debt to equity
1.12▼
2015 · 2.06
ROE
41.9%▲
2015 · 24.8%
ROA
20.4%▲
2015 · 8.3%
Interest coverage
2.18▼
2015 · 2.54
Debt ≤ 1 year
€1.54M▲
2015 · €1.16M
Debt > 1 year
€13.45M▼
2015 · €15.05M
Income taxes
€111k▼
2015 · €217k
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 · 2016 against 2015 · 29 lines
Balance sheet
Code20152016
Assets
Total assets20/58€21.99M€24.74M▲
Formation expenses20€0€0=
Fixed assets21/28€21.93M€24.20M▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€161k€117k▼
Financial fixed assets28€21.82M€24.13M▲
Current assets29/58€77k€534k▲
Amounts receivable within one year40/41€40k€121k▲
Cash at bank and in hand54/58€40k€412k▲
Equity and liabilities
Total equity and liabilities10/49€21.99M€24.74M▲
Equity10/15€7.31M€12.06M▲
Contributions10/11€2.98M€2.98M=
Reserves13€4.33M€9.08M▲
Profit (loss) carried forward14€564€466▼
Amounts payable17/49€16.25M€14.67M▼
Amounts payable after more than one year17€15.05M€13.45M▼
Amounts payable within one year42/48€1.16M€1.54M▲
Trade debts44€88k€65k▼
Income statement
Code20152016
Turnover70€2.00M€1.66M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€44k▼
Operating profit (loss)9901€1.26M€928k▼
Recurring financial income75€1.44M€4.98M▲
Recurring financial charges65€514k€445k▼
Debt charges650€513k€445k▼
Profit (loss) for the period before taxes9903€1.93M€5.07M▲
Income taxes67/77€217k€111k▼
Profit (loss) for the period9904€1.82M€5.05M▲
Profit (loss) for the period to be appropriated9905€1.82M€5.05M▲
Appropriation of the result
Return on contributions (dividend)694-€0
Timeline · acts, filings and financial milestones
2017
25-10
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
21-06
State Gazette act
Merger · Accounting effect
Capital · Share issue
12-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Highest result since 2012net €5.05M ▲178%
Net result €5.05M, the highest in the series.
31-12
Financial
Equity above €10MEq €12.06M ▲64.9%
5 profitable years in a row build equity to €12.06M.
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
05-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
17-02
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
2014
31-12
Financial
Equity above €5MEq €5.75M ▲18.8%
3 profitable years in a row build equity to €5.75M.
02-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
03-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
29-05
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2010
26-07
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
Acquisitions and mergers
1 transactionTaken over by:VALTECH