BVL
BankruptcyThe KBO register records for BVL the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-47k) and a net result of €-35k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-10-2022, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
81 d late
2020
90 d late
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-47k▼ 286%
2020 · €-12k
2018: €42k
2019: €-40k
2020: €-12k
2018 → 2021
Total assets
€113k▼ 43.0%
2020 · €199k
2018: €211k
2019: €175k
2020: €199k
2018 → 2021
Net result
€-35k
2020 · €28k
2018: €-12k
2019: €-82k
2020: €28k
2018 → 2021
Working capital
€-56k▼ 210%
2020 · €-18k
2018: €15k
2019: €-44k
2020: €-18k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€42k-€-40k€-12k▲ 69.6%€-47k▼ 286%
Operating result€-138-€-59k▼ 42,936%€33k€-22k
Net result€-12k-€-82k▼ 583%€28k€-35k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €22k after €33k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €113k
Fixed assets
€9k▼ 67.5%
Current assets
€104k▼ 39.0%
Key figures and ratios
EBITDA
€-19k▼
2020 · €43k
Cash flow
€-32k▼
2020 · €38k
Solvency
-41.2%▼
2020 · -6.1%
Current ratio
0.65▼
2020 · 0.90
Quick ratio
0.57▼
2020 · 0.84
Debt / equity
-3.43▼
2020 · -1.85
ROA
-30.5%▼
2020 · 13.9%
Interest coverage
-3.16
Debt
€160k▼
2020 · €211k
Debt ≤ 1 year
€160k▼
2020 · €188k
Income taxes
€341▲
2020 · €322
Staff costs
€112k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€199k€113k▼
Fixed assets21/28€28k€9k▼
Intangible fixed assets21€2k€774▼
Tangible fixed assets22/27€25k€8k▼
Land and buildings22-€7k
Furniture and vehicles24-€549
Other tangible fixed assets26-€948
Financial fixed assets28€2k-
Current assets29/58€170k€104k▼
Stocks and contracts in progress3€12k€12k=
Stocks30/36-€12k
Amounts receivable within one year40/41€148k€92k▼
Trade receivables40-€91k
Other amounts receivable41-€354
Cash at bank and in hand54/58€10k€66▼
Equity and liabilities
Total equity and liabilities10/49€199k€113k▼
Equity10/15€-12k€-47k▼
Contributions10/11-€19k
Reserves13€21k€21k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€19k
Profit (loss) carried forward14€-52k€-86k▼
Amounts payable17/49€211k€160k▼
Amounts payable after more than one year17€22k-
Amounts payable within one year42/48€188k€160k▼
Current portion of amounts payable after more than one year42-€81k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€107k€23k▼
Suppliers440/4-€23k
Taxes, remuneration and social security45-€48k
Taxes450/3-€6k
Remuneration and social security454/9-€42k
Other amounts payable47/48-€3k
Income statement
Code20202021
Remuneration, social security and pensions62-€112k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€2k▼
Other operating charges640/8-€3k
Gross operating margin9900€166k€96k▼
Operating profit (loss)9901€33k€-22k▼
Financial income75/76B-€22
Recurring financial income75€171€22▼
Financial charges65/66B-€13k
Recurring financial charges65€5k€6k▲
Non-recurring financial charges66B-€7k
Profit (loss) for the period before taxes9903€28k€-34k▼
Income taxes67/77€322€341▲
Profit (loss) for the period9904€28k€-35k▼
Profit (loss) for the period to be appropriated9905€28k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-86k
Profit (loss) brought forward from the previous period14P-€-52k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 11 days late
2013
21-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Moerkantsebaan 2222910 EssenGround area
1,041 m²
Building footprint
225 m²
Volume, LiDAR
1,211 m³
Parcel 11016E0070/00F002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alarm Van Loon
since 20092.179.469.838
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016E0070/00F002 | Flanders | 1,041 m² | 1 · 224 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EPC TECHNIXS
BE 0765.433.433
Overijse · Eq €42k
ELZ Solutions
BE 0556.617.573
Koekelare · Eq €42k
BELGIAN SOLAR
BE 0826.915.991
Herentals · Eq €43k
SA Techniek
BE 0653.976.968
Gent · Eq €42k
ZEYNO TECH
BE 1019.902.738
Beringen · Eq €43k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-06-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
71112Activities of interior architects
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.