VAN
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 22-01-1988 · bankruptcy closed on 03-11-2014
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2012
- Turnover
- €9,851
- ▲ 43.3%
- Loss
- €3,157
- ▼ 23.4%
- Equity
- -€3,159
- Total assets
- €11,430
- ▼ 53.5%
Financials
Financials · financial year 2012, full format
Annual accounts 2012 filed on 31-07-2013 PDF all 11 filings
Turnover
€9,851▲ 43.3%
2011 · €6,874
EBIT margin
-18.8%▲ 72.2pp
2011 · -91.0%
Net result
-€3,157▲ 23.4%
2011 · -€4,122
Working capital
-€3,583
2011 · €23,790
Multi-year overview
2008 to 2012, 5 financial yearsTurnover
€9,851
▲ 43.3%
2012
20082012
Operating result
-€1,852
▲ 70.4%
2012
20082012
Net result
-€3,157
▲ 23.4%
2012
20082012
EBIT margin
-18.8%
▲ 72.2pp
2012
20082012
Equity
-€3,159
2012
20082012
Total assets
€11,430
▼ 53.5%
2012
20082012
Debt
€14,589
▲ 41×
2012
20082012
Working capital
-€3,583
2012
20082012
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20082009201020112012
Turnover€10,231-€9,664▼ 5.5%€11,968▲ 23.8%€6,874▼ 42.6%€9,851▲ 43.3%
Operating result€5,012-€4,475▼ 10.7%€9,197▲ 106%-€6,253-€1,852▲ 70.4%
Net result€4,824-€4,366▼ 9.5%€7,231▲ 65.6%-€4,122-€3,157▲ 23.4%
EBIT margin49.0%-46.3%▼ 2.7pp76.8%▲ 30.5pp-91.0%▼ 167.8pp-18.8%▲ 72.2pp
Equity€24,742-€22,836▼ 7.7%€28,336▲ 24.1%€24,214▼ 14.5%-€3,159
Total assets€24,742-€24,801▲ 0.2%€28,336▲ 14.3%€24,573▼ 13.3%€11,430▼ 53.5%
Debt€1,965€0▼ 100%€359€14,589▲ 41×
Working capital€22,412€27,912▲ 24.5%€23,790▼ 14.8%-€3,583
The operating result for 2012 is a loss of €1,852, smaller than the loss of €6,253 in 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €11,430
Fixed assets
€424 =
Current assets
€11,006 ▼ 54.4%
Equity and liabilities
Equity-€3,159
Debt€14,589
Equity is negative. Debt (€14,589) exceeds the balance-sheet total (€11,430).
Key figures and ratios
Solvency
-27.6%▼
2011 · 98.5%
Current ratio
0.75▼
2011 · 67.23
Quick ratio
0.67▼
2011 · 56.64
ROA
-27.6%▼
2011 · -16.8%
Debt ≤ 1 year
€14,589▲
2011 · €359
Income taxes
€1,200
Customer credit
7 days▼
2011 · 1056 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €10,231 | €9,664 | €11,968 | €6,874 | €9,851 | ▲ 43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €400 | - | - | - | - | - |
| Gross operating margin9900 | €5,760 | €4,823 | €9,634 | -€4,619 | -€1,416 | ▲ 69.4% |
| Operating profit (loss)9901 | €5,012 | €4,475 | €9,197 | -€6,253 | -€1,852 | ▲ 70.4% |
| Recurring financial income75 | - | - | - | €2,138 | - | - |
| Recurring financial charges65 | €188 | €109 | €131 | €8 | €105 | ▲ 14× |
| Profit (loss) for the period before taxes9903 | €4,824 | €4,366 | €9,066 | -€4,122 | -€1,957 | ▲ 52.5% |
| Income taxes67/77 | - | - | €1,835 | - | €1,200 | - |
| Profit (loss) for the period9904 | €4,824 | €4,366 | €7,231 | -€4,122 | -€3,157 | ▲ 23.4% |
| Profit (loss) for the period to be appropriated9905 | €4,824 | €4,366 | €7,231 | -€2,228 | -€3,157 | ▼ 41.7% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,742 | €24,801 | €28,336 | €24,573 | €11,430 | ▼ 53.5% |
| Fixed assets21/28 | €424 | €424 | €424 | €424 | €424 | = |
| Tangible fixed assets22/27 | - | €0 | - | €0 | - | - |
| Financial fixed assets28 | €424 | €424 | €424 | €424 | €424 | = |
| Current assets29/58 | €24,318 | €24,377 | €27,912 | €24,149 | €11,006 | ▼ 54.4% |
| Stocks and contracts in progress3 | €501 | €501 | - | €3,806 | €1,290 | ▼ 66.1% |
| Amounts receivable within one year40/41 | €2,271 | €4,096 | €2,781 | €19,895 | €178 | ▼ 99.1% |
| Cash at bank and in hand54/58 | €21,546 | €19,780 | €754 | €449 | €9,539 | ▲ 21× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,742 | €24,801 | €28,336 | €24,573 | €11,430 | ▼ 53.5% |
| Equity10/15 | €24,742 | €22,836 | €28,336 | €24,214 | -€3,159 | - |
| Contributions10/11 | €17,269 | €17,269 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €4,337 | €4,337 | €2,513 | €619 | €619 | = |
| Profit (loss) carried forward14 | €3,136 | €1,230 | €7,231 | €5,003 | -€22,370 | - |
| Amounts payable17/49 | - | €1,965 | €0 | €359 | €14,589 | ▲ 41× |
| Amounts payable within one year42/48 | - | €1,965 | €0 | €359 | €14,589 | ▲ 41× |
| Trade debts44 | - | €0 | €0 | €0 | €1,607 | - |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,824 | €4,366 | €7,231 | -€4,122 | -€3,157 | ▲ 23.4% |
| + Depreciation and write-downs630 | €400 | - | - | - | - | - |
| Operating cash flow (approximation) | €5,224 | €4,366 | €7,231 | -€4,122 | -€3,157 | ▲ 23.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | ▼ 100% |
| Change in cash | - | -€1,766 | -€19,026 | -€305 | €9,090 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2012 | full format | 31-07-2013 | 2013-38100087 | |
| 31-12-2011 | full format | 09-08-2012 | 2012-39300006 | |
| 31-12-2010 | full format | 25-06-2011 | 2011-20900215 | |
| 31-12-2009 | full format | 22-06-2010 | 2010-19600224 | |
| 31-12-2008 | full format | 23-06-2009 | 2009-26300326 | |
| 31-12-2007 | full format | 02-07-2008 | 2008-33000322 | |
| 31-12-2006 | full format | 02-07-2008 | 2008-33000321 | |
| 31-12-2005 | full format | 07-07-2006 | 2006-43004463 | |
| 31-12-2004 | full format | 29-06-2005 | 2005-36601721 | |
| 31-12-2003 | full format | 14-03-2005 | 2005-07300106 |
Board & ownership
Directors
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Me De Vulder Frederik, Avenue Houba De Strooper 748, 1020 Bruxelles |
17-02-2014 → 03-11-2014 |
Owners and capital
Owners
Timeline
Deeds, filings and financial milestones
2014
08-12
Bankruptcy
Bankruptcy closure (insufficient assets)
French-language Commercial Court of Brussels · judgment of 03-11-2014
27-02
Bankruptcy
Bankruptcy declared
Commercial Court of Brussels · judgment of 17-02-2014
2013
31-07
full format · on the deadline day
2012
09-08
full format · 9 days late
2011
31-12
Financial
Weakest financial yearnet -€4,122
The net result drops to -€4,122, the lowest from 2008 to 2012.
25-06
full format · 36 days before the deadline
2010
31-12
Financial
Highest result from 2008 to 2012net €7,231 ▲65.6%
The operating result of €9,197 and the net result of €7,231 are both a record.
22-06
full format · 39 days before the deadline
2009
23-06
full format · 38 days before the deadline
2008
2006
07-07
full format · 24 days before the deadline
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
VAN is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2012
- Last registered office
- Rue Thomaes 70, 1090 Bruxellesas published on 13 December 2013
- Legal form
- SCRL
- First annual accounts
- financial year 2002