VAN KURD
InactiveVAN KURD was declared bankrupt on 06-04-2023 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed for insufficient assets by judgment of 26-06-2025, published in the Belgian State Gazette on 02-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Four 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 · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 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 25-08-2022, 25 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
25 d late
2020
17 d late
2019
188 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 77 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2021, micro schema
Turnover
€37,029▼ 76.8%
2019 · €159,306
EBIT margin
-207.4%▼ 217.3pp
2019 · 9.9%
Net result
-€7,862▲ 89.8%
2020 · -€76,965
Working capital
-€63,506▼ 15.0%
2020 · -€55,221
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
Line201920202021
Turnover€159,306-€37,029▼ 76.8%
Operating result€15,848--€76,796-€7,588▲ 90.1%
Net result€15,902--€76,965-€7,862▲ 89.8%
EBIT margin9.9%--207.4%▼ 217.3pp
Equity€22,102--€54,864-€62,726▼ 14.3%
Total assets€85,165-€76,410▼ 10.3%€25,817▼ 66.2%
Debt€63,063-€131,274▲ 108%€88,543▼ 32.6%
Working capital€21,386--€55,221-€63,506▼ 15.0%
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 €7,588 in 2021 against €76,796 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €25,817
Fixed assets
€781 ▲ 118%
Current assets
€25,037 ▼ 67.1%
Key figures and ratios
EBITDA
-€6,970▲
2020 · -€76,438
Cash flow
-€7,244▲
2020 · -€76,607
Solvency
-243.0%▼
2020 · -71.8%
Current ratio
0.28▼
2020 · 0.58
Debt to equity
-1.41
ROA
-30.5%▲
2020 · -100.7%
Interest coverage
-25.40
Debt ≤ 1 year
€88,543▼
2020 · €131,274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | €159,306 | €37,029 | - | - |
| Non-recurring operating income76A | - | - | €2,125 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €358 | €358 | €618 | ▲ 72.7% |
| Other operating charges640/8 | - | - | €60 | - |
| Gross operating margin9900 | €33,836 | -€60,815 | -€6,910 | ▲ 88.6% |
| Operating profit (loss)9901 | €15,848 | -€76,796 | -€7,588 | ▲ 90.1% |
| Recurring financial income75 | €121 | - | - | - |
| Financial charges65/66B | - | - | €274 | - |
| Recurring financial charges65 | €67 | €169 | €274 | ▲ 62.1% |
| Profit (loss) for the period before taxes9903 | €15,902 | -€76,965 | -€7,862 | ▲ 89.8% |
| Profit (loss) for the period9904 | €15,902 | -€76,965 | -€7,862 | ▲ 89.8% |
| Profit (loss) for the period to be appropriated9905 | €15,902 | -€76,965 | -€7,862 | ▲ 89.8% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €85,165 | €76,410 | €25,817 | ▼ 66.2% |
| Fixed assets21/28 | €716 | €358 | €781 | ▲ 118% |
| Tangible fixed assets22/27 | €716 | €358 | €781 | ▲ 118% |
| Plant, machinery and equipment23 | - | - | €781 | - |
| Current assets29/58 | €84,449 | €76,053 | €25,037 | ▼ 67.1% |
| Amounts receivable within one year40/41 | €78,851 | €74,645 | €14,314 | ▼ 80.8% |
| Trade receivables40 | - | - | €6,814 | - |
| Other amounts receivable41 | - | - | €7,500 | - |
| Cash at bank and in hand54/58 | €5,598 | €1,407 | €10,723 | ▲ 662% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €85,165 | €76,410 | €25,817 | ▼ 66.2% |
| Equity10/15 | €22,102 | -€54,864 | -€62,726 | ▼ 14.3% |
| Contributions10/11 | €6,200 | - | €6,200 | - |
| Profit (loss) carried forward14 | €15,902 | -€61,064 | -€68,926 | ▼ 12.9% |
| Amounts payable17/49 | €63,063 | €131,274 | €88,543 | ▼ 32.6% |
| Amounts payable within one year42/48 | €63,063 | €131,274 | €88,543 | ▼ 32.6% |
| Financial debts43 | - | - | €6 | - |
| Credit institutions430/8 | - | - | €6 | - |
| Trade debts44 | €8,048 | €50,090 | €5,788 | ▼ 88.4% |
| Suppliers440/4 | - | - | €5,788 | - |
| Taxes, remuneration and social security45 | - | - | €9,563 | - |
| Taxes450/3 | - | - | €1,649 | - |
| Remuneration and social security454/9 | - | - | €7,914 | - |
| Other amounts payable47/48 | - | - | €73,185 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,902 | -€76,965 | -€7,862 | ▲ 89.8% |
| + Depreciation and write-downs630 | €358 | €358 | €618 | ▲ 72.7% |
| Operating cash flow (approximation) | €16,259 | -€76,607 | -€7,244 | ▲ 90.5% |
| Investment in fixed assets (approximation) | - | €0 | -€1,041 | - |
| Change in cash | - | -€4,191 | €9,315 | ▲ 322% |
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
2025
02-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 26-06-2025
28-05
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 22-05-2025
24-01
KBO administration
Address struck
2023
21-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 06-04-2023
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 188 days late
2020
31-12
Financial
Weakest financial yearnet -€76,965
Net result drops to -€76,965, the lowest in the series.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
3 acts for this company are 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Koen VANDER STUYFT EINESTRAAT 22, 9700 OUDEN-
AARDE |
06-04-2023 → 26-06-2025 |
Identification & contact
Identification
Legal formBVBA
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.