V-TAX
Open bankruptcyA bankruptcy procedure is open for V-TAX according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-131k) and a net result of €-642k.
Signals
Four 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 31-12-2022 was due by 31-07-2023 and was filed on 06-07-2023, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
25 d early
2021
17 d early
2020
16 d early
2019
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-131k
2021 · €511k
2018: €624k
2019: €748k
2020: €324k
2021: €511k
2018 → 2022
Total assets
€1.64M▼ 13.6%
2021 · €1.90M
2018: €1.91M
2019: €1.68M
2020: €1.45M
2021: €1.90M
2018 → 2022
Net result
€-642k
2021 · €187k
2018: €210k
2019: €124k
2020: €-425k
2021: €187k
2018 → 2022
Working capital
€-176k
2021 · €215k
2018: €124k
2019: €496k
2020: €97k
2021: €215k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€624k-€748k▲ 19.9%€324k▼ 56.8%€511k▲ 57.9%€-131k
Operating result€318k-€212k▼ 33.5%€-479k€200k€-521k
Net result€210k-€124k▼ 40.7%€-425k€187k€-642k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €521k after €200k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.64M
Fixed assets
€335k▼ 39.6%
Current assets
€1.30M▼ 2.8%
Key figures and ratios
EBITDA
€-249k▼
2021 · €406k
Cash flow
€-369k▼
2021 · €394k
Solvency
-8.0%▼
2021 · 26.9%
Current ratio
0.88▼
2021 · 1.19
Quick ratio
0.88▼
2021 · 1.19
Debt / equity
-13.55▼
2021 · 2.71
ROA
-39.1%▼
2021 · 9.9%
Interest coverage
-1.73▼
2021 · 13.30
Debt
€1.77M▲
2021 · €1.39M
Debt ≤ 1 year
€1.48M▲
2021 · €1.13M
Debt > 1 year
€289k▲
2021 · €247k
Staff costs
€2.99M▲
2021 · €2.79M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€1.90M€1.64M▼
Fixed assets21/28€555k€335k▼
Intangible fixed assets21€342€124▼
Tangible fixed assets22/27€552k€332k▼
Plant, machinery and equipment23€114k€88k▼
Furniture and vehicles24€437k€245k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.34M€1.30M▼
Amounts receivable within one year40/41€1.12M€1.17M▲
Trade receivables40€330k€321k▼
Other amounts receivable41€793k€848k▲
Cash at bank and in hand54/58€183k€115k▼
Deferred charges and accrued income490/1€36k€21k▼
Equity and liabilities
Total equity and liabilities10/49€1.90M€1.64M▼
Equity10/15€511k€-131k▼
Contributions10/11€125k€125k=
Reserves13€623k€623k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€603k€603k=
Profit (loss) carried forward14€-238k€-879k▼
Amounts payable17/49€1.39M€1.77M▲
Amounts payable after more than one year17€247k€289k▲
Financial debts170/4€247k€289k▲
Amounts payable within one year42/48€1.13M€1.48M▲
Current portion of amounts payable after more than one year42€198k€372k▲
Trade debts44€406k€340k▼
Suppliers440/4€406k€340k▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€342k€751k▲
Remuneration and social security454/9€342k€751k▲
Other amounts payable47/48€181k€12k▼
Accrued charges and deferred income492/3€12k-
Income statement
Code20212022
Remuneration, social security and pensions62€2.79M€2.99M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206k€272k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€525-
Other operating charges640/8€105k€48k▼
Gross operating margin9900€3.30M€2.79M▼
Operating profit (loss)9901€200k€-521k▼
Financial income75/76B€18k€23k▲
Recurring financial income75€18k€23k▲
Financial charges65/66B€31k€143k▲
Recurring financial charges65€31k€143k▲
Profit (loss) for the period before taxes9903€187k€-642k▼
Profit (loss) for the period9904€187k€-642k▼
Profit (loss) for the period to be appropriated9905€187k€-642k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-238k€-879k▼
Profit (loss) brought forward from the previous period14P€-425k€-238k▲
Transfer from equity791/2€13k-
Transfer to equity691/2€13k-
To the legal reserve6920€13k-
Social balance
Average headcount (FTE)908792.983.1▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · V-TAX BV WIEDAUWKAAI 98-9, 9000 GENT · event 22-08-2024
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-642k ▼442%
Net result drops to €-642k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €187k
Net result €187k after one loss-making year.
31-12
Financial
Equity above €500kEq €511k ▲57.9%
Equity rises from €324k to €511k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
15-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
16-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Gent · 1 establishment unit since 2003
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.
Wiedauwkaai 98-999000 GentGround area
1.0 ha
Building footprint
5,072 m²
Volume, LiDAR
45,820 m³
Parcel 44813T0080/00W007, Flanders · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
V-TAX
since 20032.114.777.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813T0080/00W007 | Flanders | 1.0 ha | 1 · 5,072 m² | 14.7 m · 3 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY GOOSSENS TOLPOORTSTRAAT 145,
9800 DEINZE |
22-08-2024 → present |
| Curator | PIETER HUYGHE SAVAANSTRAAT 72, 9000 GENT |
22-08-2024 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 5,291 EUR awarded · 5,291 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,824 EUR | 2,824 EUR |
| 2024 | 2 | 518 EUR | 518 EUR |
| 2023 | 1 | 0 EUR | 33 EUR |
| 2022 | 2 | 1,949 EUR | 1,916 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidies ter ondersteuning van de professionele integratie van personen met een arbeidsbeperking
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
A-DJ SERVICES
BE 0862.601.006
Namur · Eq €507k
Bosman-Dhont
BE 0873.935.653
Nazareth-De Pinte · Eq €506k
MoveForward
BE 0665.663.587
Halen · Eq €505k
Taxi Radio Bruxellois
BE 0479.786.546
Elsene · Eq €519k
ESPERATAX
BE 0423.131.519
Vorst · Eq €520k
Of 6,686 companies in sector 49330 we hold annual accounts for 2,284. 525 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2002
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.