BVV
InactiveBVV was declared bankrupt on 19-04-2022 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 10-03-2026, published in the Belgian State Gazette on 16-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2017.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2018 close30-04-2019 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2017 was due by 30-04-2018 and was filed on 27-04-2018, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, micro schema
Equity
€23,684▼ 55.2%
2016 · €52,867
Total assets
€311,037▼ 9.5%
2016 · €343,596
Net result
-€29,183▼ 499%
2016 · -€4,875
Working capital
€16,406▼ 62.7%
2016 · €43,975
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€21,207-€15,562▼ 26.6%-€17,421-€4,656▲ 73.3%-€29,296▼ 529%
Net result€15,386-€9,588▼ 37.7%-€18,444-€4,875▲ 73.6%-€29,183▼ 499%
Equity€66,598-€76,186▲ 14.4%€57,742▼ 24.2%€52,867▼ 8.4%€23,684▼ 55.2%
Total assets€313,045-€353,982▲ 13.1%€319,152▼ 9.8%€343,596▲ 7.7%€311,037▼ 9.5%
Debt€246,447-€277,796▲ 12.7%€261,410▼ 5.9%€290,728▲ 11.2%€287,353▼ 1.2%
Working capital€56,330-€68,180▲ 21.0%€55,966▼ 17.9%€43,975▼ 21.4%€16,406▼ 62.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29,296 in 2017 against €4,656 in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €311,037
Fixed assets
€7,278 ▼ 18.1%
Current assets
€303,759 ▼ 9.2%
Equity and liabilities €311,037
Equity
€23,684 ▼ 55.2%
Debt
€287,353 ▼ 1.2%
Debt's share of the balance-sheet total rises from 84.6% to 92.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€27,682▼
2016 · -€1,030
Cash flow
-€27,570▼
2016 · -€1,248
Current ratio
1.06▼
2016 · 1.15
Quick ratio
0.26▼
2016 · 0.27
ROE
-123.2%▼
2016 · -9.2%
ROA
-9.4%▼
2016 · -1.4%
Debt ≤ 1 year
€287,353▼
2016 · €290,728
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,958 | €8,554 | €7,077 | €3,626 | €1,614 | ▼ 55.5% |
| Gross operating margin9900 | €31,126 | €30,361 | -€7,436 | €1,200 | -€26,616 | ▼ 2,318% |
| Operating profit (loss)9901 | €21,207 | €15,562 | -€17,421 | -€4,656 | -€29,296 | ▼ 529% |
| Recurring financial income75 | €2 | €186 | €3 | €2 | €409 | ▲ 19,862% |
| Recurring financial charges65 | €803 | €1,394 | €905 | €161 | €297 | ▲ 84.3% |
| Profit (loss) for the period before taxes9903 | €20,406 | €14,355 | -€18,324 | -€4,815 | -€29,183 | ▼ 506% |
| Income taxes67/77 | €5,020 | €4,767 | €121 | €59 | - | - |
| Profit (loss) for the period9904 | €15,386 | €9,588 | -€18,444 | -€4,875 | -€29,183 | ▼ 499% |
| Profit (loss) for the period to be appropriated9905 | €15,386 | €9,588 | -€18,444 | -€4,875 | -€29,183 | ▼ 499% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313,045 | €353,982 | €319,152 | €343,596 | €311,037 | ▼ 9.5% |
| Fixed assets21/28 | €19,250 | €10,695 | €3,619 | €8,892 | €7,278 | ▼ 18.1% |
| Tangible fixed assets22/27 | €19,250 | €10,695 | €3,619 | €8,892 | €7,278 | ▼ 18.1% |
| Current assets29/58 | €293,796 | €343,287 | €315,533 | €334,704 | €303,759 | ▼ 9.2% |
| Stocks and contracts in progress3 | €267,051 | €326,881 | €245,189 | €256,759 | €227,963 | ▼ 11.2% |
| Amounts receivable within one year40/41 | €22,179 | €9,555 | €52,362 | €52,090 | €64,885 | ▲ 24.6% |
| Cash at bank and in hand54/58 | €4,566 | €6,565 | €14,983 | €22,855 | €10,911 | ▼ 52.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313,045 | €353,982 | €319,152 | €343,596 | €311,037 | ▼ 9.5% |
| Equity10/15 | €66,598 | €76,186 | €57,742 | €52,867 | €23,684 | ▼ 55.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €46,147 | €55,735 | €37,291 | €32,416 | €3,233 | ▼ 90.0% |
| Amounts payable17/49 | €246,447 | €277,796 | €261,410 | €290,728 | €287,353 | ▼ 1.2% |
| Amounts payable after more than one year17 | €8,982 | €2,689 | - | - | - | - |
| Amounts payable within one year42/48 | €237,465 | €275,107 | €259,568 | €290,728 | €287,353 | ▼ 1.2% |
| Trade debts44 | €154,711 | €206,749 | €186,792 | €213,324 | €199,259 | ▼ 6.6% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,386 | €9,588 | -€18,444 | -€4,875 | -€29,183 | ▼ 499% |
| + Depreciation and write-downs630 | €8,958 | €8,554 | €7,077 | €3,626 | €1,614 | ▼ 55.5% |
| Operating cash flow (approximation) | €24,344 | €18,142 | -€11,367 | -€1,248 | -€27,570 | ▼ 2,109% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€8,900 | €0 | ▲ 100% |
| Change in cash | - | €1,999 | €8,418 | €7,872 | -€11,944 | ▼ 252% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 10-03-2026
2022
25-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 19-04-2022
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-09
Financial
Weakest financial yearnet -€29,183
Net result drops to -€29,183, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 31 days late
2013
14-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 45 days late
2012
22-05
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 22 days late
2010
29-10
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
30-10
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2008
30-10
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Wim ARSLIJDER KETSERSSTRAAT 8 BUS 2, 8793 SINT-
ELOOIS-VIJVE |
19-04-2022 → 10-03-2026 |