VBL Plc
ISIN: MT0002550102 | Ticker: VBL | LEI: 485100EOK8ED6FMU4R55
Country: Malta
The VBL Group is today the largest private owner of real estate in Valletta with a diversified portfolio of residential, hospitality, commercial and office space.
As the dominant player in Valletta’s real estate market, VBL Group combines a comprehensive knowledge of the local market with an innovative business model integrating property acquisition, development and management. Using economies of scale to minimise expenditure whilst maintaining cash-flows from selling, renting and managing properties, VBL has seen consistent growth since its founding in 2012. With a strong development and acquisition pipeline, VBL Group’s goal is to become the largest operator of real estate in the City of Valletta.
With a strong track record since inception, VBL’s continued profitability demonstrates the success of its unique development concept and is a testament to its highly professional and integrated team. VBL Plc is the principal company of the VBL Group of companies.
2012
Served areaMalta
Headquarters54, Marsamxett Road, VLT 1853 Valletta – Malta
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 56,747,303.00 | 64,869,823.00 |
| Noncurrent Assets | N/A | 54,590,603.00 | 61,340,252.00 |
| Property Plant And Equipment | N/A | 911,315.00 | 877,644.00 |
| Investment Property | N/A | 53,659,412.00 | 59,991,129.00 |
| Intangible Assets Other Than Goodwill | N/A | 114.00 | 152,879.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 1,200.00 | 1,200.00 |
| Noncurrent Receivables | N/A | 0.00 | 107,470.00 |
| Deferred Tax Assets | N/A | 18,562.00 | 209,930.00 |
| Current Assets | N/A | 2,156,700.00 | 3,529,571.00 |
| Trade And Other Current Receivables | N/A | 445,017.00 | 1,581,779.00 |
| Cash and cash equivalents | 350,698.00 | 1,711,683.00 | 1,947,792.00 |
| Equity And Liabilities | N/A | 56,747,303.00 | 64,869,823.00 |
| Equity | 47,651,520.00 | 47,151,768.00 | 56,430,370.00 |
| Issued Capital | N/A | 46,000,000.00 | 48,894,243.00 |
| Retained Earnings | N/A | 751,600.00 | 6,427,779.00 |
| Share Premium | N/A | 802.00 | 731,733.00 |
| Other Reserves | N/A | 1,218.00 | 1,218.00 |
| Liabilities | N/A | 9,595,535.00 | 8,439,453.00 |
| Noncurrent Liabilities | N/A | 9,266,268.00 | 5,533,281.00 |
| Noncurrent Payables | N/A | 388,719.00 | 346,176.00 |
| Deferred Tax Liabilities | N/A | 3,577,549.00 | 3,889,901.00 |
| Longterm Borrowings | N/A | 5,300,000.00 | 1,297,204.00 |
| Current Liabilities | N/A | 329,267.00 | 2,906,172.00 |
| Trade And Other Current Payables | N/A | 329,267.00 | 577,473.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Revenue | 549,380.00 | 1,063,113.00 |
| Revenue From Interest | 1,553.00 | 3,299.00 |
| Depreciation And Amortisation Expense | 280,729.00 | 300,894.00 |
| Profit Loss From Operating Activities | -92,420.00 | -125,421.00 |
| Finance Costs | 113,319.00 | 138,286.00 |
| Profit Loss Before Tax | -414,038.00 | 6,081,803.00 |
| Income Tax Expense Continuing Operations | 52,034.00 | 290,626.00 |
| Profit (loss) | -362,004.00 | 5,791,177.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Profit (loss) | N/A | -362,004.00 | 5,791,177.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 280,729.00 | 300,894.00 |
| Cash Flows From Used In Operating Activities | N/A | -222,597.00 | -919,475.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 66,517.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 19,481.00 | 43,864.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 0.00 | 150,000.00 |
| Cash Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | 0.00 | 104,171.00 |
| Interest Received Classified As Investing Activities | N/A | 1,553.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | -547,523.00 | -339,182.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 2,402,000.00 | 140,903.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 24,869.00 | 31,555.00 |
| Dividends Paid Classified As Financing Activities | N/A | 150,000.00 | 150,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 88,450.00 | 80,790.00 |
| Income Taxes Paid Refund Classified As Financing Activities | N/A | 7,576.00 | 0.00 |
| Cash Flows From Used In Financing Activities | N/A | 2,131,105.00 | 1,494,766.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 1,360,985.00 | 236,109.00 |
| Cash and cash equivalents | 350,698.00 | 1,711,683.00 | 1,947,792.00 |
Please note that some sums might not add up.
MT0002550102
LEI485100EOK8ED6FMU4R55
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryDiversified Real Estate Activities
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