Active BE 0506.776.993Private limited company (pre-2019)Open bankruptcy

VALUE CARE

Hoekstraat 25 ·3950 Bocholt, Belgium· 11 yrs active

Sector: Financial services (64210)

Conclusion Checked

A bankruptcy procedure is open for VALUE CARE according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-1.26M) and a net result of €-1.46M.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-1.26M
Net result	€-1.46M
Better than sector	5%
Active	11 yrs

Snowflake analysis 5 axes · computed by Checked

33 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 35

Growth 32

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

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview7 NBB filings

Annual accounts filed on 10-02-2023 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 64, Financial services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-131.4%	48.5%	better than 5% of 901 sector peers
Net result	€-1.46M	€23k	better than 5% of 903 sector peers
Equity	€-1.26M	€48k	better than 5% of 903 sector peers
Gross operating margin	€-458k	€39k	better than 5% of 896 sector peers
Total assets	€956k	€142k	better than 86% of 901 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-1.46M

- far below sector median

Total assets

€956k

-44.2% +111% vs sector

Equity

€-1.26M

- far below sector median

Income taxes

€149

-97.6% -89% vs sector

Debt

€2.20M

+46.7% far above sector median

Debt ≤ 1y

€1.68M

+54.1% far above sector median

Debt > 1y

€481k

+29.6% far above sector median

Solvency

-131.4%

- far below sector median

ROE

116.1%

+1935.2% far above sector median

ROA

-152.5%

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	n/a
EBITDA	n/a
Net profit	€-1.46M
Cash flow	n/a
Staff costs	-
Income taxes	€149
Dividends	-
Total assets	€956k
Equity	€-1.26M
Debt	€2.20M
of which ≤ 1y	€1.68M
of which > 1y	€481k
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	-131.4%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	-152.5%
ROE	116.1%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2021

Assets

Fixed assets €8k · 0.8% Current assets €948k · 99.2%

Full annual accounts

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

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€956k
Fixed assets	21/28	€8k
Tangible fixed assets	22/27	€7k
Financial fixed assets	28	€800
Current assets	29/58	€948k
Amounts receivable within one year	40/41	€915k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€956k
Equity	10/15	€-1.26M
Contributions / capital	10/11	€12k
Reserves	13	€2k
Accumulated profits (losses)	14	€-1.27M
Provisions & deferred taxes	16	€12k
Amounts payable	17/49	€2.20M
Amounts payable after one year	17	€481k
Amounts payable within one year	42/48	€1.68M
Trade debts payable within one year	44	€778k
Income statement
Gross operating margin	9900	€-458k
Operating result	9901	€-461k
Financial income	75	€5k
Financial charges	65	€1k
Result before taxes	9903	€-1.46M
Income taxes	67/77	€149
Net result for the period	9904	€-1.46M
Result to be appropriated	9905	€-1.46M

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	DIRK VAN COPPENOLLE GENKERSTEENWEG 302, 3500 HASSELT	12-10-2023 → present	Belgian State Gazette
Curator	FREDERICK VAN COPPE- NOLLE GENKERSTEENWEG 302, 3500 HASSELT- frederick@van- coppenolle.be	12-10-2023 → present	Belgian State Gazette
Curator	SOFIE REPRIELS GENKERSTEENWEG 302, 3500 HASSELT	12-10-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Financial services(64210)
Legal form	Private limited company (pre-2019)(015)
Incorporation	11-12-2014
Status	Active
Postal code	3950
First BS signal	23-10-2023
Latest BS signal	23-10-2023

Company structure, linked entities3 linked entities

Mandates

Establishment units 1 location

VALUE CARE

Hoekstraat 25, 3950 BocholtHandelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren

since 20142.241.156.591

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.
72003A0643/00T007	Flanders	4,447 m²	1 · 175 m²	7.8 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 8 events

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

2023

23-10-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · VALUE CARE BV HOEK- STRAAT 25, 3950 BOCHOLT · event 12-10-2023

10-02-2023