VAN TECH
Bankruptcy closedSummary
VAN TECH was declared bankrupt on 21-11-2019 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 07-07-2023, published in the Belgian State Gazette on 18-07-2023. The 2012 annual accounts show equity of €907 and a net result of -€16,487.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 30-08-2013, 30 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
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
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Financials · fiscal year 2012, full schema
Turnover
€101,467▼ 73.0%
2011 · €375,332
EBIT margin
-16.1%▼ 16.8pp
2011 · 0.7%
Net result
-€16,487
2011 · €1,479
Working capital
-€2,861
2011 · €10,240
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
Line20082009201020112012
Turnover€567,781-€425,126▼ 25.1%€597,785▲ 40.6%€375,332▼ 37.2%€101,467▼ 73.0%
Operating result€8,925-€5,340▼ 40.2%-€1,497€2,575-€16,376
Net result€5,647-€3,034▼ 46.3%-€1,592€1,479-€16,487
EBIT margin1.6%-1.3%▼ 0.3pp-0.3%▼ 1.5pp0.7%▲ 0.9pp-16.1%▼ 16.8pp
Equity€14,473-€17,507▲ 21.0%€15,915▼ 9.1%€17,394▲ 9.3%€907▼ 94.8%
Total assets€120,560-€88,156▼ 26.9%€215,869▲ 145%€93,837▼ 56.5%€30,809▼ 67.2%
Debt€106,087-€70,649▼ 33.4%€199,954▲ 183%€76,443▼ 61.8%€29,902▼ 60.9%
Working capital€8,991-€13,998▲ 55.7%€4,650▼ 66.8%€10,240▲ 120%-€2,861
Staff (FTE)1.5-1.5=
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2012: a loss of €16,376 after €2,575 in 2011, the lowest result in the available series.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €30,809
Fixed assets
€3,768 ▼ 47.3%
Current assets
€27,041 ▼ 68.8%
Equity and liabilities €30,809
Equity
€907 ▼ 94.8%
Debt
€29,902 ▼ 60.9%
Debt's share of the balance-sheet total rises from 81.5% to 97.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€12,990▼
2011 · €7,101
Cash flow
-€13,101▼
2011 · €6,005
Current ratio
0.90▼
2011 · 1.13
ROA
-53.5%▼
2011 · 1.6%
Debt ≤ 1 year
€29,902▼
2011 · €76,443
Equity ratios withheld: equity of €907 is too small for a meaningful ratio.
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 | €567,781 | €425,126 | €597,785 | €375,332 | €101,467 | ▼ 73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,649 | €3,199 | €5,674 | €4,527 | €3,386 | ▼ 25.2% |
| Gross operating margin9900 | €43,450 | €42,062 | €29,165 | €16,282 | -€9,071 | ▼ 156% |
| Operating profit (loss)9901 | €8,925 | €5,340 | -€1,497 | €2,575 | -€16,376 | ▼ 736% |
| Recurring financial income75 | €36 | €64 | €18 | €7 | €9 | ▲ 25.9% |
| Recurring financial charges65 | €170 | €152 | €113 | €1,519 | €120 | ▼ 92.1% |
| Profit (loss) for the period before taxes9903 | €7,870 | €3,367 | -€1,592 | €1,479 | -€16,487 | ▼ 1,215% |
| Income taxes67/77 | €2,223 | €333 | - | - | - | - |
| Profit (loss) for the period9904 | €5,647 | €3,034 | -€1,592 | €1,479 | -€16,487 | ▼ 1,215% |
| Profit (loss) for the period to be appropriated9905 | €5,647 | €3,034 | -€1,592 | €1,479 | -€16,487 | ▼ 1,215% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,560 | €88,156 | €215,869 | €93,837 | €30,809 | ▼ 67.2% |
| Fixed assets21/28 | €5,482 | €3,509 | €11,265 | €7,154 | €3,768 | ▼ 47.3% |
| Tangible fixed assets22/27 | €4,882 | €2,784 | €10,540 | €6,429 | €3,043 | ▼ 52.7% |
| Financial fixed assets28 | €600 | €725 | €725 | €725 | €725 | = |
| Current assets29/58 | €115,078 | €84,648 | €204,604 | €86,683 | €27,041 | ▼ 68.8% |
| Amounts receivable within one year40/41 | €95,137 | €71,000 | €197,779 | €81,597 | €26,760 | ▼ 67.2% |
| Cash at bank and in hand54/58 | €19,941 | €13,648 | €4,428 | €5,086 | €83 | ▼ 98.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,560 | €88,156 | €215,869 | €93,837 | €30,809 | ▼ 67.2% |
| Equity10/15 | €14,473 | €17,507 | €15,915 | €17,394 | €907 | ▼ 94.8% |
| Contributions10/11 | €8,700 | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €3,913 | €6,947 | €5,355 | €6,834 | -€9,653 | ▼ 241% |
| Amounts payable17/49 | €106,087 | €70,649 | €199,954 | €76,443 | €29,902 | ▼ 60.9% |
| Amounts payable within one year42/48 | €106,087 | €70,649 | €199,954 | €76,443 | €29,902 | ▼ 60.9% |
| Trade debts44 | €98,475 | €30,802 | €170,829 | €45,844 | €9,767 | ▼ 78.7% |
| Line | 2008 | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,647 | €3,034 | -€1,592 | €1,479 | -€16,487 | ▼ 1,215% |
| + Depreciation and write-downs630 | €2,649 | €3,199 | €5,674 | €4,527 | €3,386 | ▼ 25.2% |
| Operating cash flow (approximation) | €8,295 | €6,233 | €4,083 | €6,005 | -€13,101 | ▼ 318% |
| Investment in fixed assets (approximation) | - | -€1,225 | -€13,431 | -€416 | €0 | ▲ 100% |
| Change in cash | - | -€6,293 | -€9,220 | €658 | -€5,003 | ▼ 860% |
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
2023
18-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 07-07-2023
2019
28-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 21-11-2019
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
31-12
Financial
Weakest financial yearnet -€16,487
Net result drops to -€16,487, the lowest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 48 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 414 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 779 days late
2011
31-12
Financial
Back to profitnet €1,479
Net result €1,479 after one loss-making year.
2009
15-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 15 days late
2008
18-08
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Registered office, Brussel · 2 establishment units since 2006
Ground area
1.1 ha
Building footprint
7,064 m²
Volume, LiDAR
59,303 m³
3 parcels, Brussels, Wallonia · tallest building 123.0 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
VAN TECH
since 20062.159.315.119
VAN TECH
since 20142.231.657.422
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813D0508/00W000 | Brussels | 1.1 ha | 1 · 6,882 m² | 123.0 m |
| 55372C0021/00Y012 | Wallonia | 96 m² | 1 · 116 m² | 7.6 m · 2 fl. |
| 21815D0147/00W000 | Brussels | 66 m² | 1 · 66 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE CHARDON AVENUE DU CENTE-
NAIRE 120, 1400 NIVELLES- .
Date provisoire de cessation de paiement : 21/05/2019 |
21-11-2019 → 07-07-2023 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa Louvière2.231.657.422
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-2006
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.