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VANGO-PRINTING

Bankruptcy closed
Private limited company (pre-2019)founded 2006Hijftestraat 55, 9080 Lochristi, BelgiumKBO/BCE: BE 0881.454.836
Summary

VANGO-PRINTING was declared bankrupt on 06-02-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 22-04-2025, published in the Belgian State Gazette on 25-04-2025. The 2022 annual accounts show equity of €29,527 and a net result of €7,402.

VANGO-PRINTINGBankruptcy closed

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 25-04-2025. The KBO register has not yet processed that closure. The register usually follows the Staatsblad later, so the newer publication in the Staatsblad prevails.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 24-04-2023, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
6 d early
2021
40 d early
2020
3 d early
2019
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 21 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VANGO-PRINTING was incorporated on 19 May 2006.1 Total assets rose from EUR 261,806 in 2018 to EUR 313,918 in 2022 and headcount from 4 to 3.5 full-time equivalents.2 On 6 February 2024 the company was declared bankrupt; the bankruptcy was closed on 22 April 2025.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 13-02-2024
  4. 4Belgian State Gazette, 25-04-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€29,527▲ 33.5%
2021 · €22,126
Total assets
€313,918▲ 16.2%
2021 · €270,162
Net result
€7,402
2021 · -€5,039
Working capital
-€24,377▲ 43.7%
2021 · -€43,293
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€7,159-€2,120▼ 70.4%-€15,219-€1,582▲ 89.6%€12,795
Net result€2,839--€428-€18,092▼ 4,127%-€5,039▲ 72.1%€7,402
Equity€45,684-€45,256▼ 0.9%€27,164▼ 40.0%€22,126▼ 18.5%€29,527▲ 33.5%
Total assets€261,806-€270,487▲ 3.3%€277,986▲ 2.8%€270,162▼ 2.8%€313,918▲ 16.2%
Debt€216,121-€225,231▲ 4.2%€250,822▲ 11.4%€248,036▼ 1.1%€284,391▲ 14.7%
Working capital€25,108-€20,356▼ 18.9%-€34,247-€43,293▼ 26.4%-€24,377▲ 43.7%
Staff (FTE)4-3.9▼ 2.5%3.5▼ 10.3%3.5=3.5=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2018: €7,159€7,159Net result 2018: €2,839€2,839Operating result 2019: €2,120€2,120Net result 2019: -€428-€428Operating result 2020: -€15,219-€15,219Net result 2020: -€18,092-€18,092Operating result 2021: -€1,582-€1,582Net result 2021: -€5,039-€5,039Operating result 2022: €12,795€12,795Net result 2022: €7,402€7,40220182019202020212022-€20,000-€10,000€0€10,000Operating result 2020: -€15,219-€15,200Net result 2020: -€18,092-€18,100Operating result 2021: -€1,582-€1,580Net result 2021: -€5,039-€5,040Operating result 2022: €12,795€12,800Net result 2022: €7,402€7,400202020212022
The operating result returns to profit in 2022: €12,795 after a loss of €1,582 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €313,918
Fixed assets €113,506 ▲ 0.4%
Current assets €200,412 ▲ 27.6%
Equity and liabilities €313,918
Equity €29,527 ▲ 33.5%
Debt €284,391 ▲ 14.7%
Debt's share of the balance-sheet total falls from 91.8% to 90.6%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
Current ratio
0.89▲
2021 · 0.78
Quick ratio
0.57▲
2021 · 0.56
Debt to equity
9.63▲
2021 · 2.15
ROE
25.1%▲
2021 · -22.8%
ROA
2.4%▲
2021 · -1.9%
Debt ≤ 1 year
€224,789▲
2021 · €200,398
Debt > 1 year
€59,601▲
2021 · €47,638
Staff costs
€132,446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 47 lines
Balance sheet Code20212022
Assets
Total assets20/58€270,162€313,918▲
Fixed assets21/28€113,056€113,506▲
Tangible fixed assets22/27€108,400€108,400=
Plant, machinery and equipment23-€108,400
Financial fixed assets28€4,656€5,106▲
Current assets29/58€157,106€200,412▲
Stocks and contracts in progress3€45,609€72,032▲
Stocks30/36-€72,032
Amounts receivable within one year40/41€107,847€121,147▲
Trade receivables40-€117,118
Other amounts receivable41-€4,029
Cash at bank and in hand54/58€800€2,606▲
Deferred charges and accrued income490/1-€4,627
Equity and liabilities
Total equity and liabilities10/49€270,162€313,918▲
Equity10/15€22,126€29,527▲
Contributions10/11-€40,000
Reserves13€4,000€4,000=
Non-distributable reserves130/1-€4,000
Reserves not available under the articles1311-€4,000
Profit (loss) carried forward14-€21,874-€14,473▲
Amounts payable17/49€248,036€284,391▲
Amounts payable after more than one year17€47,638€59,601▲
Other amounts payable178/9-€59,601
Amounts payable within one year42/48€200,398€224,789▲
Current portion of amounts payable after more than one year42-€33,083
Trade debts44€73,798€95,549▲
Suppliers440/4-€95,549
Taxes, remuneration and social security45-€78,384
Taxes450/3-€23,202
Remuneration and social security454/9-€55,182
Other amounts payable47/48-€17,774
Income statement Code20212022
Remuneration, social security and pensions62-€132,446
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,264-
Other operating charges640/8-€560
Non-recurring operating charges66A-€5,803
Gross operating margin9900€113,909€151,605▲
Operating profit (loss)9901-€1,582€12,795▲
Financial income75/76B-€37
Recurring financial income75€102€37▼
Financial charges65/66B-€5,431
Recurring financial charges65€3,559€1,984▼
Non-recurring financial charges66B-€3,447
Profit (loss) for the period before taxes9903-€5,039€7,402▲
Profit (loss) for the period9904-€5,039€7,402▲
Profit (loss) for the period to be appropriated9905-€5,039€7,402▲
Appropriation of the result
Profit (loss) to be appropriated9906--€14,473
Profit (loss) brought forward from the previous period14P--€21,874

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62----€132,446-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,055€2,889€2,264€2,264--
Other operating charges640/8----€560-
Non-recurring operating charges66A----€5,803-
Gross operating margin9900€200,322€165,957€115,617€113,909€151,605▲ 33.1%
Operating profit (loss)9901€7,159€2,120-€15,219-€1,582€12,795▲ 909%
Financial income75/76B----€37-
Recurring financial income75€868€5€37€102€37▼ 63.6%
Financial charges65/66B----€5,431-
Recurring financial charges65€2,951€1,955€2,693€3,559€1,984▼ 44.3%
Non-recurring financial charges66B----€3,447-
Profit (loss) for the period before taxes9903€5,076€170-€17,874-€5,039€7,402▲ 247%
Income taxes67/77€2,237€598€218---
Profit (loss) for the period9904€2,839-€428-€18,092-€5,039€7,402▲ 247%
Profit (loss) for the period to be appropriated9905€2,839-€428-€18,092-€5,039€7,402▲ 247%
Line20182019202020212022Change
Assets
Total assets20/58€261,806€270,487€277,986€270,162€313,918▲ 16.2%
Fixed assets21/28€119,073€116,184€113,920€113,056€113,506▲ 0.4%
Intangible fixed assets21€625-----
Tangible fixed assets22/27€113,792€111,528€109,264€108,400€108,400=
Plant, machinery and equipment23----€108,400-
Financial fixed assets28€4,656€4,656€4,656€4,656€5,106▲ 9.7%
Current assets29/58€142,733€154,303€164,066€157,106€200,412▲ 27.6%
Stocks and contracts in progress3€35,873€47,089€47,758€45,609€72,032▲ 57.9%
Stocks30/36----€72,032-
Amounts receivable within one year40/41€106,102€106,106€113,154€107,847€121,147▲ 12.3%
Trade receivables40----€117,118-
Other amounts receivable41----€4,029-
Cash at bank and in hand54/58€758€1,109€2,420€800€2,606▲ 226%
Deferred charges and accrued income490/1----€4,627-
Equity and liabilities
Total equity and liabilities10/49€261,806€270,487€277,986€270,162€313,918▲ 16.2%
Equity10/15€45,684€45,256€27,164€22,126€29,527▲ 33.5%
Contributions10/11€40,000€40,000--€40,000-
Reserves13€4,000€4,000€4,000€4,000€4,000=
Non-distributable reserves130/1----€4,000-
Reserves not available under the articles1311----€4,000-
Profit (loss) carried forward14€1,684€1,256-€16,836-€21,874-€14,473▲ 33.8%
Amounts payable17/49€216,121€225,231€250,822€248,036€284,391▲ 14.7%
Amounts payable after more than one year17€91,387€78,842€52,509€47,638€59,601▲ 25.1%
Other amounts payable178/9----€59,601-
Amounts payable within one year42/48€117,625€133,947€198,313€200,398€224,789▲ 12.2%
Current portion of amounts payable after more than one year42----€33,083-
Trade debts44€77,756€75,809€77,652€73,798€95,549▲ 29.5%
Suppliers440/4----€95,549-
Taxes, remuneration and social security45----€78,384-
Taxes450/3----€23,202-
Remuneration and social security454/9----€55,182-
Other amounts payable47/48----€17,774-
Line20182019202020212022Change
Profit (loss) for the period9904€2,839-€428-€18,092-€5,039€7,402▲ 247%
+ Depreciation and write-downs630€33,055€2,889€2,264€2,264--
Operating cash flow (approximation)€35,894€2,461-€15,828-€2,775€7,402▲ 367%
Investment in fixed assets (approximation)-€0€0-€1,400-€450▲ 67.9%
Change in cash-€351€1,311-€1,619€1,806▲ 212%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-04
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 22-04-2025
2024
13-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 06-02-2024
2023
24-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €7,402
Net result €7,402 after 3 loss-making years.
21-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet -€18,092
Net result drops to -€18,092, the lowest in the series.
27-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Lochristi · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
903 m²
Building footprint
903 m²
Volume, LiDAR
5,604 m³
Parcel 44034D0566/00C000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Hijftestraat 55, 9080 Lochristi
Manufacture of rubber and plastic products
since 20062.153.874.112
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44034D0566/00C000 Flanders 903 m² 1 · 903 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 HILDE DE BOEVER
BRUSSELSESTEENWEG 346 C BUS 1, 9090 MELLE
06-02-2024 → 22-04-2025

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-05-2006
Fiscal year end30-09
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 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.