VAQUALAN TWO
ActiveSummary
The computed 12-month bankruptcy probability of VAQUALAN TWO is 3.7% (moderate). For VAQUALAN TWO, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (€-158k) and a net result of €-71k. Equity is shrinking by ~31% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability10▼-20
Solvency1▼-11
Growth58=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
-24.5%
Return on assets
-10.9%
Age of the figures
57 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-07-2022, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
3 d early
2020
4 d late
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-71k▼ 250%
2020 · €-20k
2018: €-97k
2019: €4k
2020: €-20k
2018 → 2021
Working capital
€-158k▼ 80.4%
2020 · €-88k
2018: €-71k
2019: €-68k
2020: €-88k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-71k-€-68k▲ 5.0%€-88k▼ 29.8%€-158k▼ 80.4%
Operating result€-71k-€3k€-20k€-70k▼ 251%
Net result€-97k-€4k€-20k€-71k▼ 250%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €70k in 2021 against €20k in 2020; the loss grows.
Key figures and ratios
Solvency
-24.5%▼
2020 · -13.5%
Current ratio
0.80▼
2020 · 0.88
Quick ratio
0.43▼
2020 · 0.48
Debt to equity
-5.09
ROA
-10.9%▼
2020 · -3.1%
Debt
€806k▲
2020 · €740k
Debt ≤ 1 year
€806k▲
2020 · €740k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 30 lines
Balance sheet
Code20202021
Assets
Total assets20/58€652k€647k▼
Current assets29/58€652k€647k▼
Stocks and contracts in progress3€300k€300k=
Stocks30/36-€300k
Amounts receivable within one year40/41€279k€277k▼
Other amounts receivable41-€277k
Cash at bank and in hand54/58€3k€496▼
Deferred charges and accrued income490/1-€70k
Equity and liabilities
Total equity and liabilities10/49€652k€647k▼
Equity10/15€-88k€-158k▼
Contributions10/11-€20k
Outside capital11-€20k
Other1109/19-€20k
Profit (loss) carried forward14€-108k€-179k▼
Amounts payable17/49€740k€806k▲
Amounts payable within one year42/48€740k€806k▲
Trade debts44€9k€1k▼
Suppliers440/4-€1k
Other amounts payable47/48-€804k
Income statement
Code20202021
Other operating charges640/8-€860
Non-recurring operating charges66A-€13k
Gross operating margin9900€-10k€-56k▼
Operating profit (loss)9901€-20k€-70k▼
Financial charges65/66B-€967
Recurring financial charges65€363€967▲
Profit (loss) for the period before taxes9903€-20k€-71k▼
Profit (loss) for the period9904€-20k€-71k▼
Profit (loss) for the period to be appropriated9905€-20k€-71k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-179k
Profit (loss) brought forward from the previous period14P-€-108k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Wavre
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Pasteur 21300 WavreGround area
1.7 ha
Building footprint
915 m²
Volume, LiDAR
11,516 m³
Parcel 25112N0017/00A002, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 915 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-10-2012
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.