VAN DE VELDE financials
VAN DE VELDE
Country: BE Reporting currency: EUR Latest annual report: 2023-12-31
LEI:
5493009LLUCOLP3YH507 Financial statements
(EUR, as reported — unscaled; 101 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | €211.3M | €211.7M |
| Employee benefits expense | €47.6M | €47.2M |
| Raw materials & consumables used | €40.5M | €34.1M |
| Operating profit (EBIT) | €45.3M | €48.1M |
| Finance costs | €3.3M | €4.5M |
| Profit before tax | €42.7M | €46.0M |
| Income tax expense | €9.1M | €9.2M |
| Profit for the year | €33.6M | €36.8M |
| — attributable to owners | €33.6M | €36.8M |
| — attributable to NCI | €0 | €0 |
| Total comprehensive income | €32.7M | €36.2M |
| Per share | ||
| Basic EPS | €2.61 | €2.82 |
| Diluted EPS | €2.61 | €2.81 |
| Free cash flow / share | €3.19 | €1.67 |
| Cash flow statement | ||
| Net cash from operating activities | €54.3M | €30.0M |
| Net cash from investing activities | -€13.1M | -€8.0M |
| Net cash from financing activities | -€40.2M | -€36.0M |
| Dividends paid | €29.3M | €26.6M |
| Lease liability payments | €5.0M | €4.5M |
| Net change in cash | €1.0M | -€14.1M |
| Balance sheet | ||
| Total assets | €203.0M | €208.4M |
| Non-current assets | €76.4M | €72.1M |
| Property, plant & equipment | €29.9M | €23.6M |
| Intangible assets & goodwill | €4.6M | €4.5M |
| Current assets | €126.5M | €136.4M |
| Inventories | €46.0M | €54.2M |
| Trade & other receivables | €14.0M | €14.3M |
| Cash & equivalents | €60.6M | €59.5M |
| Total equity | €165.9M | €168.1M |
| Non-controlling interests | €0 | €0 |
| Non-current liabilities | €9.0M | €8.0M |
| Lease liabilities (non-current) | €6.7M | €5.5M |
| Current liabilities | €27.9M | €32.1M |
| Lease liabilities (current) | €3.0M | €3.4M |
| Trade & other payables | €21.9M | €25.6M |
| Deferred tax liabilities | €0 | €367.0K |
| Derived metrics | ||
| Free cash flow | €41.1M | €21.9M |
| Operating margin | 21.5% | 22.7% |
| Net margin | 15.9% | 17.4% |
| Return on equity | 20.3% | 21.9% |
| Cash conversion ratio | 1.61× | 0.81× |
| Capex coverage | 4.13× | 3.71× |
| Other reported items | ||
| Accumulated Other Comprehensive Income | -€4.5M | -€3.6M |
| Adjusted Weighted Average Shares | 12.9M | 13.1M |
| Adjustments For Decrease Increase In Inventories | €6.8M | -€13.9M |
| Adjustments For Decrease Increase In Other Assets | -€52.0K | -€534.0K |
| Adjustments For Decrease Increase In Trade Account Receivable | €89.0K | -€979.0K |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €10.8M | €10.1M |
| Adjustments For Finance Income Cost | -€91.0K | -€805.0K |
| Adjustments For Increase Decrease In Other Liabilities | -€1.6M | -€466.0K |
| Adjustments For Increase Decrease In Trade Account Payable | -€977.0K | €31.0K |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -€390.0K | -€42.0K |
| Adjustments For Provisions | -€12.0K | -€195.0K |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -€2.3M | -€697.0K |
| Cash Flows From Used In Increase Decrease In Current Borrowings | €0 | €0 |
| Cash Flows From Used In Operations Before Changes In Working Capital | €57.2M | €60.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | €0 | €0 |
| Comprehensive Income Attributable To Owners of Parent | €32.7M | €36.2M |
| Current Tax Liabilities Current | €1.3M | €1.4M |
| Deferred Tax Assets | €199.0K | €227.0K |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €10.8M | €10.1M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €30.8M | €29.3M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €2.40 | €2.20 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €54.0K | €40.0K |
| Equity and Liabilities | €203.0M | €208.4M |
| Finance Income | €3.0M | €3.2M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -€73.0K | €2.0K |
| Income Taxes Paid Refund Classified As Operating Activities | €7.1M | €13.7M |
| Increase Decrease In Working Capital | -€4.2M | €15.9M |
| Increase Decrease Through Exercise of Options | €272.0K | €237.0K |
| Increase Decrease Through Treasury Share Transactions | -€5.9M | — |
| Intangible Assets Other Than Goodwill | €20.4M | €20.6M |
| Investment Accounted For Using Equity Method | €10.6M | €13.6M |
| Issued Capital | €1.9M | €1.9M |
| Miscellaneous Other Operating Income | €6.1M | €5.4M |
| Noncurrent Government Grants | €122.0K | €203.0K |
| Noncurrent Provisions | €204.0K | €239.0K |
| Noncurrent Recognised Liabilities Defined Benefit Plan | €1.4M | €1.3M |
| Other Adjustments For Noncash Items | -€20.0K | €22.0K |
| Other Comprehensive Income | -€927.0K | -€508.0K |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€292.0K | €10.0K |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€654.0K | -€145.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€740.0K | -€584.0K |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€219.0K | €7.0K |
| Other Current Assets | €6.0M | €8.4M |
| Other Current Liabilities | €1.7M | €1.8M |
| Other Expense By Nature | €73.1M | €77.7M |
| Other Noncurrent Assets | €1.2M | €1.4M |
| Payments To Acquire Or Redeem Entitys Shares | €5.9M | €4.9M |
| Proceeds From Sale Or Issue of Treasury Shares | €0 | €0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €44.0K | €54.0K |
| Purchase of Interests In Associates | €0 | €0 |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €13.1M | €8.1M |
| Purchase of Treasury Shares | — | €4.9M |
| Retained Earnings | €174.4M | €178.7M |
| Rightofuse Assets That Do Not Meet Definition of Investment Property | €9.5M | €8.2M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -€86.0K | -€438.0K |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -€2.3M | -€697.0K |
| Share Premium | €743.0K | €743.0K |
| Treasury Shares | €6.6M | €9.7M |
| Weighted Average Shares | 12.9M | 13.1M |
Methodology
Every line item above is a fact tagged in VAN DE VELDE's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.