Active BE 0809.893.481Private limited company (pre-2019)Open bankruptcy

V ADVERTISING

· 17 yrs active

Conclusion Checked

A bankruptcy procedure is open for V ADVERTISING according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-5k) and a net result of €-23k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-5k
Net result	€-23k
Staff (FTE)	2.2
Active	17 yrs

Snowflake analysis 5 axes · computed by Checked

39 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 100

Solvency 15

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2019 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 31-01-2020 with the NBB · fiscal year 2019 · micro

Operating resultNet result

EBITDA

€18k

— 18–19

Net profit

€-23k

+32.3% 18–19

Cash flow

€-22k

— 18–19

Total assets

€143k

+11.2% 18–19

Equity

€-5k

+70.7% 18–19

Working capital

€-8k

+54.3% 18–19

Employees (FTE)

2

— 18–19

Income taxes

€11k

+281.3% 18–19

Debt

€148k

+2.3% 18–19

Debt ≤ 1y

€148k

+2.3% 18–19

Current ratio

0.94

+7.9% 18–19

Quick ratio

0.94

+7.9% 18–19

Solvency

-3.2%

+73.7% 18–19

ROE

505.6%

+131.2% 18–19

ROA

-16.2%

+39.2% 18–19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Revenue	—
EBITDA	€18k
Net profit	€-23k
Cash flow	€-22k
Staff costs	—
Income taxes	€11k
Dividends	—
Total assets	€143k
Equity	€-5k
Debt	€148k
of which ≤ 1y	€148k
of which > 1y	—
Working capital	€-8k
Employees (FTE)	2.2

Ratios (computed)

	2019
Current ratio	0.94
Quick ratio	0.94
Working capital ratio	-5.7%
Solvency	-3.2%
Debt / equity	—
Long-term debt ratio	—
Interest coverage	—
Gross margin	—
Net margin	—
ROA	-16.2%
ROE	505.6%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2019

Assets

Fixed assets €4k · 2.5% Current assets €140k · 97.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet — Assets
TOTAL ASSETS	20/58	€143k
Fixed assets	21/28	€4k
Tangible fixed assets	22/27	€1k
Financial fixed assets	28	€2k
Current assets	29/58	€140k
Amounts receivable within one year	40/41	€139k
Cash & bank	54/58	€7
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€143k
Equity	10/15	€-5k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-23k
Amounts payable	17/49	€148k
Amounts payable within one year	42/48	€148k
Trade debts payable within one year	44	€31k
Income statement
Gross operating margin	9900	€86k
Operating result	9901	€17k
Financial income	75	€9k
Financial charges	65	€3k
Result before taxes	9903	€22k
Income taxes	67/77	€11k
Net result for the period	9904	€11k
Result to be appropriated	9905	€11k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ELKE GOOSSENS LEOPOLDSTRAAT 64, 2800 MECHELEN ↔ Also on 17 other cases	14-02-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	—
Legal form	Private limited company (pre-2019)(015)
Incorporation	18-02-2009
Status	Active
Postal code	—
First BS signal	18-02-2022
Latest BS signal	18-02-2022

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

Verbruggen Vastgoed

Nielsestraat 47, 2850 BoomBemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

since 20092.176.998.417

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12040A0072/00C002	Flanders	4,191 m²	1 · 1,140 m²	9.1 m · 2 fl.
11005A0586/00A003	Flanders	71 m²	1 · 46 m²	9.2 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 8 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

18-02-2022

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Mechelen · V ADVERTISING BVBA ANTWERPSESTEENWEG 45, 2830 WILLEBROEK · event 14-02-2022

2020

31-01-2020