JVDE SHOES
InactiveJVDE SHOES was declared bankrupt on 20-12-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 03-06-2025, published in the Belgian State Gazette on 26-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 15-12-2022, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
137 d late
2020
278 d late
2019
118 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-14k▼ 604%
2020 · €-2k
2019: €8k
2020: €-2k
2019 → 2021
Total assets
€34k▼ 40.1%
2020 · €57k
2019: €41k
2020: €57k
2019 → 2021
Net result
€-12k▼ 17.6%
2020 · €-10k
2019: €-10k
2020: €-10k
2019 → 2021
Working capital
€-16k▼ 222%
2020 · €-5k
2019: €4k
2020: €-5k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€8k-€-2k€-14k▼ 604%
Operating result€-9k-€-10k▼ 1.9%€-11k▼ 15.4%
Net result€-10k-€-10k▼ 0.3%€-12k▼ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2021 against €10k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €34k
Fixed assets
€2k ▼ 33.3%
Current assets
€32k ▼ 40.5%
Key figures and ratios
EBITDA
€-10k▼
2020 · €-9k
Cash flow
€-11k▼
2020 · €-9k
Solvency
-41.4%▼
2020 · -3.5%
Current ratio
0.67▼
2020 · 0.92
Quick ratio
0.19▲
2020 · 0.03
Debt to equity
-3.41▲
2020 · -29.38
ROA
-35.5%▼
2020 · -18.1%
Interest coverage
-9.57▲
2020 · -11.26
Debt
€48k▼
2020 · €59k
Debt ≤ 1 year
€48k▼
2020 · €59k
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 · 2021 against 2020 · 33 lines
Balance sheet
Code20202021
Assets
Total assets20/58€57k€34k▼
Fixed assets21/28€3k€2k▼
Intangible fixed assets21€3k€2k▼
Current assets29/58€54k€32k▼
Stocks and contracts in progress3€53k€23k▼
Stocks30/36€53k€23k▼
Amounts receivable within one year40/41-€182
Trade receivables40-€182
Cash at bank and in hand54/58€1k€7k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€57k€34k▼
Equity10/15€-2k€-14k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-21k€-33k▼
Amounts payable17/49€59k€48k▼
Amounts payable within one year42/48€59k€48k▼
Trade debts44€31k€12k▼
Suppliers440/4€31k€12k▼
Taxes, remuneration and social security45€10k€21k▲
Taxes450/3€10k€21k▲
Other amounts payable47/48€18k€15k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Gross operating margin9900€-9k€-10k▼
Operating profit (loss)9901€-10k€-11k▼
Financial income75/76B€55€2▼
Recurring financial income75€55€2▼
Financial charges65/66B€765€1k▲
Recurring financial charges65€765€1k▲
Profit (loss) for the period before taxes9903€-10k€-12k▼
Profit (loss) for the period9904€-10k€-12k▼
Profit (loss) for the period to be appropriated9905€-10k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-33k▼
Profit (loss) brought forward from the previous period14P€-10k€-21k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · JVDE SHOES BV TUINWIJKSTRAAT 52, 1930 ZAVENTEM · event 03-06-2025
2022
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · JVDE SHOES BV TUINWIJK- STRAAT 52, 1930 ZAVENTEM · event 20-12-2022
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 278 days late
2021
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
20-12-2022 → 03-06-2025 |