Active BE 0419.320.805Public limited companyOpen bankruptcy

V. DAK

· 47 yrs active

Sector: Specialised construction (43410)

Conclusion Checked

A bankruptcy procedure is open for V. DAK according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €909k and a net result of €-590k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€909k
Net result	€-590k
Staff (FTE)	20.4
Active	47 yrs

Snowflake analysis 5 axes · computed by Checked

27 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 0

Solvency 85

Growth 50

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 2018 · 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 overview10 NBB filings

Annual accounts filed on 29-10-2019 with the NBB · fiscal year 2018 · verkort

Highlight YoY changes (±10%)

Fiscal year	2018
Revenue	-
EBITDA	€49k
Net profit	€-590k
Cash flow	€-554k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€2.05M
Equity	€909k
Debt	€1.14M
of which ≤ 1y	€1.06M
of which > 1y	€85k
Working capital	€508k
Employees (FTE)	20.4

Ratios (computed)

	2018
Current ratio	1.48
Quick ratio	1.38
Working capital ratio	24.8%
Solvency	44.3%
Debt / equity	0.09
Long-term debt ratio	0.09
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-28.7%
ROE	-64.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €486k · 23.7% Current assets €1.57M · 76.3%

Equity & liabilities

Equity €909k · 44.3% Debt €1.14M · 55.7%

Full annual accounts

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

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.05M
Fixed assets	21/28	€486k
Tangible fixed assets	22/27	€472k
Financial fixed assets	28	€14k
Current assets	29/58	€1.57M
Stocks & contracts in progress	3	€104k
Amounts receivable within one year	40/41	€1.37M
Cash & bank	54/58	€37k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.05M
Equity	10/15	€909k
Contributions / capital	10/11	€124k
Reserves	13	€990k
Accumulated profits (losses)	14	€-590k
Amounts payable	17/49	€1.14M
Amounts payable after one year	17	€85k
Amounts payable within one year	42/48	€1.06M
Trade debts payable within one year	44	€537k
Income statement
Gross operating margin	9900	€438k
Operating result	9901	€13k
Financial income	75	€59
Financial charges	65	€12k
Result before taxes	9903	€1k
Net result for the period	9904	€1k
Result to be appropriated	9905	€1k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ILSE ROOX HASSALUTHDREEF 12/2, 3500 HASSELT- ↔ Also on 118 other cases	19-11-2020 → present	Belgian State Gazette

Legal Structure

NACE primary	Specialised construction(43410)
Legal form	Public limited company(014)
Incorporation	30-03-1979
Status	Active
Postal code	-
First BS signal	25-11-2020
Latest BS signal	25-11-2020

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

Establishment

het waterdicht maken van daken en dakterrassen

since 19792.016.027.412

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.
71049B1450/00C011	Flanders	7,837 m²	1 · 1,140 m²	21.1 m · 2 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.

2020

25-11-2020

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · V. DAK NV BUNTJESSTRAAT 39, 3583 BERINGEN-PAAL · event 19-11-2020

2019

29-10-2019