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Etablissementen Vastiau Godeau

In bankruptcy Public limited companyfounded 1968Steenweg naar Halle 1, 1652 BeerselKBO/BCE: BE 0400.922.972 subsidiary of VASAL

Information for creditors

Enterprise Court of Brussels · Official Gazette of 09-01-2024
Appeal or third-party opposition 24-01-2024Filing the claim in RegSol 01-02-2024First verification report 07-02-2024Late claim 02-01-2025

Trustee: Stijn Vanschoubroek. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

16 annual accounts with figures on one time axis, 45 filings since 1977
peak €21.4m (2008)
€8.8m▲ 3.9%
lowest -€3.3m (2015)
-€1.2m▼ €333,879
peak €19.9m (2013)
-€117,941▼ €751,760
€6.9m▼ 7.5%
peak 58.6 FTE (2006)
27.7 FTE▼ 7.4%
Board5 names since 2015
3 directorsVASTIAU Eric Jan Lode and 2 others
Owners2 names in the annual accounts
80.49%VASAL and 1 other
Documentsfilings and deeds
31-10-2022on the last day
2022financial year
Loss of €1.2mCapital increase of €400,000 to €2,052,500 14-04Equity from €633,818 to -€117,941

Key points

from the 2022 annual accounts, the last ones filed

Equity

-€117,941 from €19.9m in 2013

Equity fell below zero in 2022.

Losses

-€9.5m in eight years
-0.22014-3.32015-0.022016-1.22017-1.92019-0.92020-0.82021-1.22022

Every financial year from 2014 to 2022 closed with a loss. 2015 was the heaviest.

Debts

€6.9m 102% of the balance sheet
Financial debts 11%Suppliers 34%Taxes and wages 15%Other 40%

Of this, €6.2m falls due within a year. The annual accounts state €880,807 of overdue tax debts on 31-03-2022.

Staff

27.7 FTE from 58.6 in 2006

Between 2006 and 2022, 53% of the full-time equivalents disappeared.

Payment terms

55 days from customers
Customers
164 to 55

Customers pay 109 days earlier.

Filings

45 annual accounts since 1977
deadline198019952010

Three of the last ten came late. The 2014 accounts came latest: 179 days after the end of the period.

No score

Board and ownership

VE
Managing director
VD
Director
VJ
Director
BV
Auditor, Steven Vyvey
  • VASAL 80.49%equity €649,675 (2025) · 2025 annual accounts of VASAL
  • UP-DATE 0.01%equity €173,424 (2025) · 2025 annual accounts of UP-DATE
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Brussels · judgment of 02-01-2024 · Bankruptcy
Resignation: Vastieau David (director) General meeting of 01-06-2023 · Gazette deed
Algemene Vergadering - Boekjaar Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Sint-Genesius-Rode
All 59 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 02-01-2024
Activity
Retail sale of household furnitureNACE 47551
Establishment unit
2.002.889.9491652 Beersel, since 01-09-1949
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2022

€6.8m▼ 16.2%
Employeeson 31-03-2022
30
Filing
Filed on 31-10-2022
Financials

Insights on Etablissementen Vastiau Godeau

Etablissementen Vastiau Godeau reached its highest turnover since 2006 in 2008: €21.4m. A year later it was €20.9m, and in 2010 still €20.8m.

Equity fell from €19.9m in 2013 to -€117,941 in 2022.

On 2 January 2024 the court declared Etablissementen Vastiau Godeau bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Etablissementen Vastiau Godeau

What is the company number of Etablissementen Vastiau Godeau?
The company number of Etablissementen Vastiau Godeau is 0400.922.972. The VAT number is the same number with BE in front: BE 0400.922.972.
Where was Etablissementen Vastiau Godeau based?
The last known address of the registered office is Steenweg naar Halle 1, 1652 Beersel.Company details
What does Etablissementen Vastiau Godeau do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of Etablissementen Vastiau Godeau?
Etablissementen Vastiau Godeau is a public limited company (NV).
When was Etablissementen Vastiau Godeau founded?
Etablissementen Vastiau Godeau was founded on 01-01-1968.
Is Etablissementen Vastiau Godeau still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did Etablissementen Vastiau Godeau have?
Etablissementen Vastiau Godeau had an average of 27.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of Etablissementen Vastiau Godeau?
The turnover of Etablissementen Vastiau Godeau was €8.8m in financial year 2022, according to the filed annual accounts.
Is Etablissementen Vastiau Godeau profitable?
In financial year 2022, Etablissementen Vastiau Godeau made a loss of €1.2m.
Where can I find the annual accounts of Etablissementen Vastiau Godeau?
Etablissementen Vastiau Godeau filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Next steps

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