VAES
InactiveVAES was declared bankrupt on 06-02-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 01-07-2024, published in the Belgian State Gazette on 05-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-09-2022, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
61 d late
2020
25 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-337k▼ 5.8%
2020 · €-318k
2018: €-281k
2019: €-312k
2020: €-318k
2018 → 2021
Total assets
€31k▼ 52.2%
2020 · €66k
2018: €67k
2019: €62k
2020: €66k
2018 → 2021
Net result
€-19k▼ 190%
2020 · €-6k
2018: €-35k
2019: €-31k
2020: €-6k
2018 → 2021
Working capital
€-239k▲ 0.2%
2020 · €-240k
2018: €-203k
2019: €-233k
2020: €-240k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-281k-€-312k▼ 11.0%€-318k▼ 2.1%€-337k▼ 5.8%
Operating result€-34k-€-30k▲ 12.4%€-4k▲ 85.4%€-9k▼ 104%
Net result€-35k-€-31k▲ 12.5%€-6k▲ 79.3%€-19k▼ 190%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2021 against €4k in 2020; the loss grows.
Key figures and ratios
Current ratio
0.12▼
2020 · 0.19
Quick ratio
0.04▲
2020 · 0.04
Debt to equity
-1.09▼
2020 · -0.27
ROA
-59.2%▼
2020 · -9.7%
Debt
€368k▼
2020 · €384k
Debt ≤ 1 year
€271k▼
2020 · €296k
Debt > 1 year
€87k=
2020 · €87k
Income taxes
€162▼
2020 · €198
Staff costs
€16k
A ratio outside any meaningful range has been withheld (balance sheet total €31k, equity €-337k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€66k€31k▼
Fixed assets21/28€9k-
Financial fixed assets28€9k-
Current assets29/58€57k€31k▼
Stocks and contracts in progress3€45k€21k▼
Stocks30/36-€21k
Amounts receivable within one year40/41-€3k
Trade receivables40-€3k
Cash at bank and in hand54/58€11k€7k▼
Deferred charges and accrued income490/1-€365
Equity and liabilities
Total equity and liabilities10/49€66k€31k▼
Equity10/15€-318k€-337k▼
Contributions10/11-€19k
Reserves13€744€744=
Non-distributable reserves130/1-€744
Reserves not available under the articles1311-€744
Profit (loss) carried forward14€-337k€-356k▼
Amounts payable17/49€384k€368k▼
Amounts payable after more than one year17€87k€87k=
Financial debts170/4-€87k
Amounts payable within one year42/48€296k€271k▼
Current portion of amounts payable after more than one year42-€584
Trade debts44€34k€27k▼
Suppliers440/4-€27k
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Other amounts payable47/48-€233k
Accrued charges and deferred income492/3-€10k
Income statement
Code20202021
Remuneration, social security and pensions62-€16k
Other operating charges640/8-€709
Gross operating margin9900€15k€7k▼
Operating profit (loss)9901€-4k€-9k▼
Financial income75/76B-€354
Recurring financial income75€181€354▲
Financial charges65/66B-€10k
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B-€9k
Profit (loss) for the period before taxes9903€-6k€-18k▼
Income taxes67/77€198€162▼
Profit (loss) for the period9904€-6k€-19k▼
Profit (loss) for the period to be appropriated9905€-6k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-356k
Profit (loss) brought forward from the previous period14P-€-337k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · VAES BVBA KARTUIZERSVEST 6, 2500 LIER · event 01-07-2024
2023
10-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · VAES BVBA KARTUIZERS- VEST 6, 2500 LIER · event 06-02-2023
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 421 days late
2016
16-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 108 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
20-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 354 days late
2012
25-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 56 days late
SignalNBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIESBET JACOBS GROENE LAAN 47, 2830 WILLE-
BROEK |
06-02-2023 → 01-07-2024 |