ACTIVE

VORTEX INVESTMENTS

Financial year 2022 · closed on 31/12/2022
Net result
-91,5 k €
+36.9% YoY
Gross margin
48,9 k €
+614.4% YoY
Equity
-2,4 M €
-4.0% YoY

What does VORTEX INVESTMENTS do?

VORTEX INVESTMENTS is a Public limited company incorporated in 2009. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0821.413.618
Incorporation
14/12/2009
Legal form
Public limited company
Registered office
Rue Major Pétillon 72
1040 Etterbeek · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2022
Signals
Positive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2022202120202019201820172016201520142013201220112010
Income statement
Gross margin48,9 k €-9,5 k €-12 k €-13,1 k €-12,5 k €-12,9 k €-11,9 k €-14,5 k €-19,4 k €-26 k €-47,3 k €-61 k €-98,6 k €
EBITDA38,8 k €-21,2 k €-1,1 M €-46,2 k €-15,5 k €-15,9 k €-14,7 k €-17,4 k €-22,6 k €-29 k €-47,4 k €-61 k €-98,7 k €
Operating result38,8 k €-21,2 k €-27 k €-46,2 k €-15,5 k €-15,9 k €-14,7 k €-17,4 k €-22,6 k €-29 k €-1,2 M €-69,5 k €-107,1 k €
Net result-91,5 k €-145,1 k €63 k €-125,7 k €-120,3 k €185,6 k €-36,6 k €-219,8 k €-57,3 k €-2,1 k €-1,6 M €-94,1 k €-197,4 k €
Balance sheet
Equity-2,4 M €-2,3 M €-2,2 M €-2,2 M €-2,1 M €-2 M €-2,2 M €-2,1 M €-1,9 M €-1,8 M €-1,8 M €-230 k €-135,9 k €
Total assets1,1 M €1 M €1 M €1 M €981,1 k €892,2 k €84,1 k €71 k €60,5 k €52,6 k €41,1 k €1,3 M €661,8 k €
Cash1,8 k €2,1 k €5,7 k €15,2 k €12,3 k €3,4 k €6,1 k €4,9 k €1,2 k €21,1 k €
Debts2,8 M €2,8 M €2,8 M €2,8 M €2,8 M €2,7 M €1,8 M €1,8 M €1,8 M €1,7 M €1,7 M €1,4 M €705,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 20 ended

Active mandates

Damien DUCOBU

Director · since 08 septembre 2020 · until 15 juin 2026

Active
Patrice SAURO

Director · since 08 septembre 2020 · until 15 juin 2026

Active

Ended mandates

CHRISTIAN BÜHLMANN

Director · since 20 mai 2016 · until 08 septembre 2020

Ended
CHRISTIAN BÜHLMANN

Director · since 20 avril 2016 · until 15 juin 2021

Ended
JOAO FLAVIO RAMOS ALVES

Director · since 20 avril 2016 · until 08 septembre 2020

Ended
JOAO FLAVIO RAMOS ALVES

Director · since 20 avril 2016 · until 15 juin 2021

Ended
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Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/09/202331/08/202231/08/202130/10/202029/08/201931/08/2018
General meeting23/08/202308/08/202219/08/202117/06/202018/06/201919/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202223/08/202301/09/2023FrenchPDF
Abridged model31/12/202108/08/202231/08/2022FrenchPDF
Abridged model31/12/202019/08/202131/08/2021FrenchPDF
Abridged model31/12/201917/06/202030/10/2020FrenchPDF
Abridged model31/12/201818/06/201929/08/2019FrenchPDF
Abridged model31/12/201719/06/201831/08/2018FrenchPDF
Abridged model31/12/201620/06/201730/08/2017FrenchPDF
Abridged model31/12/201521/06/201630/08/2016FrenchPDF
Abridged model31/12/201416/06/201520/08/2015FrenchPDF
Abridged model31/12/201318/06/201414/07/2014FrenchPDF
Abridged model31/12/201218/06/201308/07/2013FrenchPDF
Abridged model31/12/201119/06/201230/08/2012FrenchPDF
Abridged model31/12/201016/06/201129/08/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 20 ended

Active mandates

Damien DUCOBU

Director · since 08 septembre 2020 · until 15 juin 2026

Active
Patrice SAURO

Director · since 08 septembre 2020 · until 15 juin 2026

Active

Ended mandates

CHRISTIAN BÜHLMANN

Director · since 20 mai 2016 · until 08 septembre 2020

Ended
CHRISTIAN BÜHLMANN

Director · since 20 avril 2016 · until 15 juin 2021

Ended
JOAO FLAVIO RAMOS ALVES

Director · since 20 avril 2016 · until 08 septembre 2020

Ended
JOAO FLAVIO RAMOS ALVES

Director · since 20 avril 2016 · until 15 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/09/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/03/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/12/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-91,5 k €
  2. 2021
    Annual accounts 2021-145,1 k €
  3. 2020
    Annual accounts 202063 k €
  4. 2019
    Annual accounts 2019-125,7 k €
  5. 2018
    Annual accounts 2018-120,3 k €
  6. 2017
    Annual accounts 2017185,6 k €
  7. 2016
    Annual accounts 2016-36,6 k €
  8. 2015
    Annual accounts 2015-219,8 k €
  9. 2014
    Annual accounts 2014-57,3 k €
  10. 2013
    Annual accounts 2013-2,1 k €
  11. 2012
    Annual accounts 2012-1,6 M €
  12. 2011
    Annual accounts 2011-94,1 k €
  13. 2010
    Annual accounts 2010-197,4 k €
  14. 14/12/2009
    IncorporationPublic limited company