P. VERGAUWEN - CARDOEN
Open bankruptcyA bankruptcy procedure is open for P. VERGAUWEN - CARDOEN according to publications in the Belgian State Gazette; curator: ELKE GOOSSENS.
Summary
The 2018 annual accounts show negative equity (€-752k) and a net result of €26k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2018 was due by 30-11-2018 and was filed on 30-11-2018, 0 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 →
Checked, nothing found (1)
Financials · fiscal year 2018, micro schema
Equity
€-752k▲ 3.4%
2017 · €-778k
2014: €690k
2015: €716k
2016: €782k
2017: €-778k
2014 → 2018
Total assets
€874k▼ 7.3%
2017 · €943k
2014: €1.94M
2015: €2.30M
2016: €2.47M
2017: €943k
2014 → 2018
Net result
€26k
2017 · €-1.38M
2014: €49k
2015: €41k
2016: €66k
2017: €-1.38M
2014 → 2018
Working capital
€-740k▼ 5.5%
2017 · €-701k
2014: €357k
2015: €373k
2016: €533k
2017: €-701k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20142015201620172018Trend
Equity€690k-€716k▲ 3.8%€782k▲ 9.2%€-778k€-752k▲ 3.4%
Operating result€128k-€102k▼ 19.9%€128k▲ 25.5%€-1.35M€103k
Net result€49k-€41k▼ 16.0%€66k▲ 58.8%€-1.38M€26k
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 returns to profit in 2018: €103k after a loss of €1.35M in 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €874k
Fixed assets
€391k ▼ 11.8%
Current assets
€483k ▼ 3.3%
Key figures and ratios
EBITDA
€155k▲
2017 · €-1.30M
Cash flow
€79k▲
2017 · €-1.33M
Solvency
-86.0%▼
2017 · -82.6%
Current ratio
0.40▼
2017 · 0.42
Quick ratio
0.13▲
2017 · 0.12
Debt to equity
-0.54▲
2017 · -0.61
ROA
3.0%▲
2017 · -145.9%
Debt
€1.63M▼
2017 · €1.71M
Debt ≤ 1 year
€1.22M▲
2017 · €1.20M
Debt > 1 year
€403k▼
2017 · €475k
Income taxes
€1k▲
2017 · €442
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 · 2018 against 2017 · 28 lines
Balance sheet
Code20172018
Assets
Total assets20/58€943k€874k▼
Fixed assets21/28€443k€391k▼
Intangible fixed assets21€104k€104k=
Tangible fixed assets22/27€339k€287k▼
Financial fixed assets28€125€125▼
Current assets29/58€500k€483k▼
Stocks and contracts in progress3€359k€326k▼
Amounts receivable within one year40/41€135k€156k▲
Cash at bank and in hand54/58€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€943k€874k▼
Equity10/15€-778k€-752k▲
Contributions10/11€144k€144k=
Reserves13€3k€3k=
Profit (loss) carried forward14€-1.22M€-1.19M▲
Provisions and deferred taxes16€8k-
Amounts payable17/49€1.71M€1.63M▼
Amounts payable after more than one year17€475k€403k▼
Amounts payable within one year42/48€1.20M€1.22M▲
Trade debts44€300k€294k▼
Income statement
Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€52k▲
Gross operating margin9900€-933k€164k▲
Operating profit (loss)9901€-1.35M€103k▲
Recurring financial income75€55€0▼
Recurring financial charges65€30k€76k▲
Profit (loss) for the period before taxes9903€-1.38M€28k▲
Income taxes67/77€442€1k▲
Profit (loss) for the period9904€-1.38M€26k▲
Profit (loss) for the period to be appropriated9905€-1.38M€26k▲
Timeline · acts, filings and financial milestones
2019
28-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · P. VERGAUWEN - CARDOEN BVBA TIENDENSCHUURSTRAAT 31, 2811 LEEST · event 24-06-2019
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
30-04
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
30-04
Financial
Weakest financial yearnet €-1.38M ▼2197%
Net result drops to €-1.38M, the lowest in the series.
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
30-04
Financial
Highest result since 2014net €66k ▲58.8%
Operating result €128k, net result €66k, both a record.
2015
27-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
2013
27-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
13-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
29-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
29-11
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
12-11
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mechelen · 1 establishment unit since 1996
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.
Tiendenschuurstraat(LST) 312811 MechelenGround area
5,314 m²
Building footprint
388 m²
Volume, LiDAR
2,610 m³
Parcel 12020C0444/00M000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tiendenschuurstraat(LST) 31, 2811 Mechelen
since 19962.079.187.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12020C0444/00M000 | Flanders | 5,314 m² | 1 · 388 m² | 9.9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE GOOSSENS LEOPOLDSTRAAT 64,
2800 MECHELEN |
24-06-2019 → present |
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Of 7,636 companies in sector 01410 we hold annual accounts for 1,848. 1,377 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 (pre-2019)
Founded19-11-1996
Fiscal year end30-04
Activities, NACEBEL 2025
01410Raising of dairy cattle
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.