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Complete company report
Generated 25-08-2026
Active BE 0459.382.892Public limited companyOpen bankruptcy

V.B.S. ORSMAAL

· 29 yrs active
Sector: Detailhandel in motorbrandstoffen (47300)
Conclusion Checked

A bankruptcy procedure is open for V.B.S. ORSMAAL according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-66k) and a net result of €-215k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-66k
Net result €-215k
Active 29 yrs
Locations 1
Financial profile 4 of 5 axes measured · computed by Checked
Health0Profitability100Solvency43Growth-Stability0
36 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 100
Solvency 43
Growth -
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 riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2018 · computed
0 / 100 Critical
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 24-09-2019 with the NBB · fiscal year 2018 · verkort
Fiscal year2018
Depositverkort
Revenue-
EBITDA-
Net profit€-215k
Cash flow-
Staff costs-
Income taxes€5k
Dividends-
Total assets€648k
Equity€-66k
Debt€715k
of which ≤ 1y€445k
of which > 1y€270k
Working capital€-25k
Employees (FTE)-
Ratios (computed)
2018
Current ratio0.94
Quick ratio0.80
Working capital ratio-3.8%
Solvency-10.2%
Debt / equity-4.07
Long-term debt ratio-4.07
Interest coverage-
Gross margin-
Net margin-
ROA-33.1%
ROE323.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2018
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2018
Balance sheet, Assets
TOTAL ASSETS 20/58€648k
Fixed assets 21/28€226k
Formation expenses 20€2k
Tangible fixed assets 22/27€134k
Financial fixed assets 28€92k
Current assets 29/58€420k
Stocks & contracts in progress 3€65k
Amounts receivable within one year 40/41€8k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€648k
Equity 10/15€-66k
Contributions / capital 10/11€135k
Reserves 13€13k
Accumulated profits (losses) 14€-215k
Amounts payable 17/49€715k
Amounts payable after one year 17€270k
Amounts payable within one year 42/48€445k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€37k
Operating result 9901€30k
Financial charges 65€7k
Result before taxes 9903€23k
Income taxes 67/77€5k
Net result for the period 9904€18k
Result to be appropriated 9905€18k
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator VIVIANE MISSOUL
KONING ALBERTLAAN 186, 3010 KESSEL-LO
 06-08-2019 → present Belgian State Gazette
Curator TOM VAN DER LINDEN
KONING ALBERTLAAN 186, 3010 KESSEL-LO-
 06-08-2019 → present Belgian State Gazette
Legal Structure
NACE primary Detailhandel in motorbrandstoffen(47300)
Legal form Public limited company(014)
Incorporation04-12-1996
StatusActive
Postal code-
First BS signal 13-08-2019
Latest BS signal 13-08-2019
Establishment units 1 location
VBS
Exploitatie van sleep- en duwboten
since 19972.081.761.045
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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24084B0443/00T000 Flanders 642 m² 1 · 169 m² 6.6 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

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

2019
24-09-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
13-08-2019
Bankruptcy Opening
Ondernemingsrechtbank Leuven · V.B.S. ORSMAAL NV SINT- TRUIDENSESTEENWEG(ORS) 195, 3350 DRIESLINTER · event 06-08-2019
2016
17-01-2016
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2015
19-11-2015
NBB filing Annual accounts filed
fiscal year 2013 · verkort
09-11-2015
NBB filing Annual accounts filed
fiscal year 2012 · verkort
09-11-2015
NBB filing Annual accounts filed
fiscal year 2011 · verkort
2012
21-03-2012
NBB filing Annual accounts filed
fiscal year 2010 · verkort
2011
11-03-2011
NBB filing Annual accounts filed
fiscal year 2009 · verkort
2010
25-02-2010
NBB filing Annual accounts filed
fiscal year 2008 · verkort
2008
31-08-2008
NBB filing Annual accounts filed
fiscal year 2007 · verkort
2007
31-08-2007
NBB filing Annual accounts filed
fiscal year 2006 · verkort
Lifecycle & Insolvency Signals1 events
13-08-2019
Bankruptcy Opening
Date: 06-08-2019 · Ondernemingsrechtbank Leuven · V.B.S. ORSMAAL NV SINT- TRUIDENSESTEENWEG(ORS) 195, 3350 DRIESLINTER · Publications in State Gazette ↗
Time machine, BS events + macro context 2019, 2026
COVID lockdownEnergiecrisisECB hikes201920202021202220232024202520262019-08-13 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in motorbrandstoffen47300
Primary activity highlighted.
Names & trade names
Legal nameNL V.B.S. ORSMAAL
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative