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Complete company report
Generated 23-08-2026
Active BE 0568.874.118Private limited companyOpen bankruptcy

VADIM YUGAY

Blankenbergse Steenweg 81 ·8000 Brugge, Belgium· 11 yrs active
Sector: Kappers- en barbiersactiviteiten (96210)
Conclusion Checked

A bankruptcy procedure is open for VADIM YUGAY according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €73k and a net result of €19k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €73k
Net result €19k
Better than sector 68%
Active 11 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health24Profitability100Solvency59Growth78Stability0
52 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24
Profitability 100
Solvency 59
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 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 2022 · computed
24 / 100 Critical
050100
Computed from 5 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 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 26-04-2023 with the NBB · fiscal year 2022 · micro
€-20k€0€20k€40kOperating result 2018: €6k€6kNet result 2018: €-12k€-12kOperating result 2019: €34k€34kNet result 2019: €6k€6kOperating result 2020: €26k€26kNet result 2020: €19k€19kOperating result 2021: €11k€11kNet result 2021: €5k€5kOperating result 2022: €24k€24kNet result 2022: €19k€19k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 96, Personal services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 33.7% 13.4%
better than 68% of 1011 sector peers
Net result €19k €327
better than 84% of 1009 sector peers
Equity €73k €4k
better than 90% of 1016 sector peers
Gross operating margin €39k €12k
better than 70% of 1007 sector peers
Total assets €215k €45k
better than 86% of 1012 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€36k
+58.4% 18-22
Net profit
€19k
+251.4% 18-22
Cash flow
€31k
+76.9% 18-22
Total assets
€215k
+17.7% 18-22
Equity
€73k
+34.4% 18-22
Working capital
€43k
+87.1% 18-22
Employees (FTE)
1
+33.3% 18-22
Staff costs
€0
- 18-22
Show 11 other metrics
Income taxes
€8k
+237.5% 18-22
Debt
€143k
+10.7% 18-22
Debt ≤ 1y
€143k
+20.7% 18-22
Debt > 1y
€0
-100.0% 18-22
Current ratio
1.30
+8.9% 18-22
Quick ratio
1.26
+7.3% 18-22
Solvency
33.7%
+14.2% 18-22
Debt / equity
1.97
-17.6% 18-22
ROE
25.6%
+161.5% 18-22
ROA
8.6%
+198.6% 18-22
Interest coverage
7.27
-7.5% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA€36k
Net profit€19k
Cash flow€31k
Staff costs-
Income taxes€8k
Dividends-
Total assets€215k
Equity€73k
Debt€143k
of which ≤ 1y€143k
of which > 1y€0
Working capital€43k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.30
Quick ratio1.26
Working capital ratio19.8%
Solvency33.7%
Debt / equity1.97
Long-term debt ratio0.00
Interest coverage7.27
Gross margin-
Net margin-
ROA8.6%
ROE25.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€215k
Fixed assets 21/28€30k
Intangible fixed assets 21€14k
Tangible fixed assets 22/27€14k
Financial fixed assets 28€3k
Current assets 29/58€186k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€180k
Cash & bank 54/58€0
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€215k
Equity 10/15€73k
Contributions / capital 10/11€30k
Accumulated profits (losses) 14€43k
Amounts payable 17/49€143k
Amounts payable after one year 17€0
Amounts payable within one year 42/48€143k
Trade debts payable within one year 44€60k
Income statement
Gross operating margin 9900€39k
Operating result 9901€24k
Financial income 75€8k
Financial charges 65€5k
Result before taxes 9903€27k
Income taxes 67/77€8k
Net result for the period 9904€19k
Result to be appropriated 9905€19k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator JOHAN MERMUYS
DORPSSTRAAT 76 BUS 3, 8490 JABBEKE
 11-06-2024 → present Belgian State Gazette
Legal Structure
NACE primary Kappers- en barbiersactiviteiten(96210)
Legal form Private limited company(610)
Incorporation20-01-2015
StatusActive
Postal code8000
First BS signal 17-06-2024
Latest BS signal 17-06-2024
Establishment units 1 location
Kreatos
Blankenbergse Steenweg 81, 8000 BruggeDetailhandel in cosmetica en toiletartikelen
since 20152.239.784.339
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.
31808L0533/00H000 Flanders 292 m² 1 · 216 m² 11.6 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 9 events

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

2024
17-06-2024
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · VADIM YUGAY BV BLANKEN- BERGSE STEENWEG 81, 8000 BRUGGE · event 11-06-2024
2023
11-12-2023
State Gazette act Director changes
Dirk Hendrickx
26-04-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
02-05-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
29-04-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
27-04-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
24-04-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
16-04-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
31-03-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
Lifecycle & Insolvency Signals1 events
17-06-2024
Bankruptcy Opening
Date: 11-06-2024 · Ondernemingsrechtbank Gent, afdeling Brugge · VADIM YUGAY BV BLANKEN- BERGSE STEENWEG 81, 8000 BRUGGE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-06-17 · 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 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2023
11-12-2023 Discharge granted to the board Director changes·Dirk Hendrickx
Notary: Dirk Hendrickx · Brugge
Technical details 
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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
Haarverzorging96021Kappers- en barbiersactiviteiten96210
Primary activity highlighted.
Names & trade names
Legal nameNL VADIM YUGAY
Registered office
Blankenbergse Steenweg 81
8000 Brugge, Belgium
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