Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
V-TAX from Gent, company number BE0478770422, closed financial year 2022 with a result of € -641,519 after tax. For that financial year V-TAX recorded a gross margin of € 2.8 million and equity of € -130,613. Compared with financial year 2021, the result moved from € 187,337 to € -641,519. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2023.
€ -130,613
▼ € 641,519 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -641,519
▼ still € 187,337 profit in 2021
Profit after tax over the fiscal year.
€ 115,186
▼ 37% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -255,613.
People and assets in 2022
83.1
▼ 9.8 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 7% vs 2021
€ 35,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 244,514
▼ 44% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 661,494
▲ 49% vs 2021
€ 372,383 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 340,105
▼ 16% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 751,369
▲ 120% vs 2021
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 3,302,679 | € 2,785,342 | ▼ 16% |
| Profit after taxes | € 187,337 | € -641,519 | ▼ € 828,856 |
| Equity | € 510,906 | € -130,613 | ▼ € 641,519 |
| Total debts | € 1,386,102 | € 1,770,423 | ▲ 28% |
| Cash | € 183,067 | € 115,186 | ▼ 37% |
| Retained profit | € 385,906 | € -255,613 | ▼ € 641,519 |
| Bank debt | € 444,778 | € 661,494 | ▲ 49% |
| Balance sheet total | € 1,897,008 | € 1,639,810 | ▼ 14% |
| Employees (FTE) | 92.9 | 83.1 | ▼ 9.8 |
Key figures of V-TAX, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to V-TAX?
What happened at V-TAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
V-TAX is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 641,519 (▼ € 828,856 vs 2021). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 187,337 profit in 2021 to € 641,519 loss in 2022.
Best year ever: 2021, with € 187,337 profit.
On average € 33,500 of value added per employee in 2022.
Management
The stake of AIRCASELL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
V-TAXBehind V-TAX is MS CONSULTING BV. The shares are held by AIRCASELL (100%).
Directors
According to the 2022 annual accounts
bestuurder · represented by MARTIJN STEENHAUT
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wiedauwkaai 98-99
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.770.422
- VAT number
- BE 0478.770.422
- Registered office
- Wiedauwkaai 98-99, 9000 Gent
- Names & denominations
- V-TAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 14 November 2002
- Peppol
- Not registered
- Activities · NACE
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