VAHEDO
InactiveVAHEDO was declared bankrupt on 07-08-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 06-01-2026, published in the Belgian State Gazette on 12-01-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
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 31-12-2024, 2 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 · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-06-2024, 47 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
47 d early
2022
88 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 68 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Equity
-€59,184
2022 · €11,318
Total assets
€89,951▼ 47.6%
2022 · €171,803
Net result
-€70,502
2022 · €6,318
Working capital
-€63,009
2022 · €24,911
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result€8,219--€69,003
Net result€6,318--€70,502
Equity€11,318--€59,184
Total assets€171,803-€89,951▼ 47.6%
Debt€160,485-€149,135▼ 7.1%
Working capital€24,911--€63,009
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €69,003 after €8,219 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €89,951
Fixed assets
€35,916 ▼ 17.1%
Current assets
€54,035 ▼ 57.9%
Key figures and ratios
EBITDA
-€61,584▼
2022 · €16,955
Cash flow
-€63,083▼
2022 · €15,054
Solvency
-65.8%▼
2022 · 6.6%
Current ratio
0.46▼
2022 · 1.24
Quick ratio
0.23▲
2022 · 0.14
Debt to equity
-2.52▼
2022 · 14.18
ROA
-78.4%▼
2022 · 3.7%
Interest coverage
-35.17▼
2022 · 3.68
Debt ≤ 1 year
€117,044▲
2022 · €103,557
Debt > 1 year
€27,122▼
2022 · €52,972
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,736 | €7,419 | ▼ 15.1% |
| Other operating charges640/8 | €410 | €3,092 | ▲ 653% |
| Gross operating margin9900 | €17,365 | -€58,492 | ▼ 437% |
| Operating profit (loss)9901 | €8,219 | -€69,003 | ▼ 940% |
| Financial income75/76B | €2,709 | €252 | ▼ 90.7% |
| Recurring financial income75 | €2,709 | €252 | ▼ 90.7% |
| Financial charges65/66B | €4,610 | €1,751 | ▼ 62.0% |
| Recurring financial charges65 | €4,610 | €1,751 | ▼ 62.0% |
| Profit (loss) for the period before taxes9903 | €6,318 | -€70,502 | ▼ 1,216% |
| Profit (loss) for the period9904 | €6,318 | -€70,502 | ▼ 1,216% |
| Profit (loss) for the period to be appropriated9905 | €6,318 | -€70,502 | ▼ 1,216% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €171,803 | €89,951 | ▼ 47.6% |
| Fixed assets21/28 | €43,335 | €35,916 | ▼ 17.1% |
| Intangible fixed assets21 | €15,471 | €13,571 | ▼ 12.3% |
| Tangible fixed assets22/27 | €23,365 | €17,846 | ▼ 23.6% |
| Land and buildings22 | €2,807 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €1,375 | €966 | ▼ 29.7% |
| Furniture and vehicles24 | €1,339 | €930 | ▼ 30.6% |
| Leasing and similar rights25 | €17,844 | €13,644 | ▼ 23.5% |
| Other tangible fixed assets26 | - | €2,306 | - |
| Financial fixed assets28 | €4,500 | €4,500 | = |
| Current assets29/58 | €128,468 | €54,035 | ▼ 57.9% |
| Stocks and contracts in progress3 | €114,258 | €27,673 | ▼ 75.8% |
| Stocks30/36 | €114,258 | €27,673 | ▼ 75.8% |
| Amounts receivable within one year40/41 | €135 | €17,235 | ▲ 12,708% |
| Trade receivables40 | - | €16,924 | - |
| Other amounts receivable41 | €135 | €311 | ▲ 131% |
| Cash at bank and in hand54/58 | €13,462 | €9,127 | ▼ 32.2% |
| Deferred charges and accrued income490/1 | €612 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €171,803 | €89,951 | ▼ 47.6% |
| Equity10/15 | €11,318 | -€59,184 | ▼ 623% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €6,318 | -€64,184 | ▼ 1,116% |
| Amounts payable17/49 | €160,485 | €149,135 | ▼ 7.1% |
| Amounts payable after more than one year17 | €52,972 | €27,122 | ▼ 48.8% |
| Financial debts170/4 | €52,972 | €27,122 | ▼ 48.8% |
| Amounts payable within one year42/48 | €103,557 | €117,044 | ▲ 13.0% |
| Current portion of amounts payable after more than one year42 | €25,284 | €25,614 | ▲ 1.3% |
| Trade debts44 | €17,618 | €14,187 | ▼ 19.5% |
| Suppliers440/4 | €17,618 | €14,187 | ▼ 19.5% |
| Taxes, remuneration and social security45 | €6,441 | €0 | ▼ 100% |
| Taxes450/3 | €6,441 | €0 | ▼ 100% |
| Other amounts payable47/48 | €54,214 | €77,243 | ▲ 42.5% |
| Accrued charges and deferred income492/3 | €3,956 | €4,970 | ▲ 25.6% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €6,318 | -€70,502 | ▼ 1,216% |
| + Depreciation and write-downs630 | €8,736 | €7,419 | ▼ 15.1% |
| Operating cash flow (approximation) | €15,054 | -€63,083 | ▼ 519% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€4,335 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
12-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 06-01-2026
2024
13-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 07-08-2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK VAN COPPENOLLE GENKERSTEENWEG 302,
3500 HASSELT |
07-08-2024 → 06-01-2026 |
| Curator | FREDERICK VAN COPPE-
NOLLE GENKERSTEENWEG 302, 3500 HASSELT- frederick@van-
coppenolle.be |
07-08-2024 → 06-01-2026 |
| Curator | SOFIE REPRIELS GENKERSTEENWEG 302,
3500 HASSELT |
07-08-2024 → 06-01-2026 |