GEBR. VLAYEN
Open bankruptcyA bankruptcy procedure is open for GEBR. VLAYEN according to publications in the Belgian State Gazette; curator: EDWIN BELLIS.
Summary
The 2022 annual accounts show negative equity (€-3k) and a net result of €-4k.
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 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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
30 d late
2021
9 d late
2020
8 d early
2019
102 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-3k
2021 · €2k
2018: €-27k
2019: €-614
2020: €835
2021: €2k
2018 → 2022
Total assets
€215k▼ 20.3%
2021 · €270k
2018: €347k
2019: €334k
2020: €298k
2021: €270k
2018 → 2022
Net result
€-4k
2021 · €803
2018: €10k
2019: €26k
2020: €1k
2021: €803
2018 → 2022
Working capital
€-73k▲ 1.0%
2021 · €-74k
2018: €-98k
2019: €-89k
2020: €-43k
2021: €-74k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-27k-€-614▲ 97.7%€835€2k▲ 96.2%€-3k
Operating result€15k-€33k▲ 124%€6k▼ 82.3%€5k▼ 12.1%€-573
Net result€10k-€26k▲ 163%€1k▼ 94.5%€803▼ 44.5%€-4k
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 2022: a loss of €573 after €5k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €199k
Fixed assets
€145k ▼ 11.2%
Current assets
€54k ▼ 38.4%
Key figures and ratios
EBITDA
€20k▼
2021 · €26k
Cash flow
€17k▼
2021 · €22k
Solvency
-1.3%▼
2021 · 0.6%
Current ratio
0.42▼
2021 · 0.54
Quick ratio
0.12▼
2021 · 0.20
Debt to equity
-79.84
ROA
-2.0%▼
2021 · 0.3%
Interest coverage
5.36▼
2021 · 6.00
Debt
€218k▼
2021 · €268k
Debt ≤ 1 year
€128k▼
2021 · €162k
Debt > 1 year
€90k=
2021 · €90k
Staff costs
€41k▼
2021 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet
Code20212022
Assets
Total assets20/58€270k€215k▼
Formation expenses20€19k€16k▼
Fixed assets21/28€163k€145k▼
Tangible fixed assets22/27€163k€145k▼
Plant, machinery and equipment23€163k€145k▼
Current assets29/58€88k€54k▼
Stocks and contracts in progress3€55k€38k▼
Stocks30/36€25k€27k▲
Contracts in progress37€30k€12k▼
Amounts receivable within one year40/41€21k€12k▼
Trade receivables40€21k€12k▼
Other amounts receivable41-€100
Current investments50/53-€1k
Cash at bank and in hand54/58€10k-
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€270k€215k▼
Equity10/15€2k€-3k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-19k€-24k▼
Amounts payable17/49€268k€218k▼
Amounts payable after more than one year17€90k€90k=
Other amounts payable178/9€90k€90k=
Amounts payable within one year42/48€162k€128k▼
Current portion of amounts payable after more than one year42€30k-
Financial debts43€90k€100k▲
Credit institutions430/8€90k€100k▲
Trade debts44€19k€9k▼
Suppliers440/4€19k€9k▼
Taxes, remuneration and social security45€12k€7k▼
Taxes450/3€2k€375▼
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€11k€11k=
Accrued charges and deferred income492/3€16k-
Income statement
Code20212022
Remuneration, social security and pensions62€43k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€693€225▼
Gross operating margin9900€69k€61k▼
Operating profit (loss)9901€5k€-573▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€803€-4k▼
Profit (loss) for the period9904€803€-4k▼
Profit (loss) for the period to be appropriated9905€803€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-24k▼
Profit (loss) brought forward from the previous period14P€-20k€-19k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-01
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · GEBR. VLAYEN BV STATIE- STRAAT 59/GVL, 3290 DIEST · event 21-12-2023
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-4k ▼643%
Net result drops to €-4k, the lowest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Highest result since 2018net €26k ▲163%
Operating result €33k, net result €26k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 134 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 65 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Diest · 1 establishment unit since 1994
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.
Statiestraat 593290 DiestGround area
66 m²
Building footprint
66 m²
Volume, LiDAR
814 m³
Parcel 24020A1331/00V000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Statiestraat 59, 3290 Diest
since 19942.065.278.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24020A1331/00V000 | Flanders | 66 m² | 1 · 66 m² | 14.9 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EDWIN BELLIS ST-MAARTENSTRAAT 61, 3000 LEUVEN- |
21-12-2023 → present |
Recognitions · licences · registrations
Dual-learning approval
3 endedMonteur centrale verwarming (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitair installateur (so)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-1993
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.