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VD-Line

Bankruptcy closed
Private limited company (pre-2019)founded 2019KBO/BCE: BE 0717.630.645

Inactive since 18-06-2026; last annual accounts for fiscal year 2019.

Summary

VD-Line was declared bankrupt on 19-10-2021 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 16-06-2026, published in the Belgian State Gazette on 23-06-2026.

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VD-LineBankruptcy closed
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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 23-06-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-06-2020, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 31 days before the deadline; the sector median for financial year 2019 is 12 days after the deadline, and 54% of the sector filed 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

VD-Line was incorporated on 3 January 2019.1 The company has filed annual accounts once, for fiscal year 2019.2 On 19 October 2021 the company was declared bankrupt; the bankruptcy was closed on 16 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 25-10-2021
  4. 4Belgian State Gazette, 23-06-2026

Go further with this company

Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Freight transport by road sector doing?Sector figures

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

Financials · fiscal year 2019, abbreviated schema

Equity
€26,797
Total assets
€356,737
Net result
€8,197
Working capital
-€24,403

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €356,737
Fixed assets €126,081
Current assets €230,655
Equity and liabilities €356,737
Equity €26,797
Debt €329,940
Debt finances 92.5% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
€43,047
Cash flow
€39,484
Current ratio
0.90
Debt to equity
2.79
ROE
30.6%
ROA
2.3%
Debt ≤ 1 year
€255,058
Debt > 1 year
€74,882
Income taxes
€2,839
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 23 lines
Balance sheet Code2019
Assets
Total assets20/58€356,737
Fixed assets21/28€126,081
Tangible fixed assets22/27€125,149
Financial fixed assets28€932
Current assets29/58€230,655
Amounts receivable within one year40/41€202,766
Cash at bank and in hand54/58€11,003
Equity and liabilities
Total equity and liabilities10/49€356,737
Equity10/15€26,797
Contributions10/11€18,600
Profit (loss) carried forward14€8,197
Amounts payable17/49€329,940
Amounts payable after more than one year17€74,882
Amounts payable within one year42/48€255,058
Trade debts44€173,448
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,287
Gross operating margin9900€305,548
Operating profit (loss)9901€11,760
Recurring financial charges65€724
Profit (loss) for the period before taxes9903€11,036
Income taxes67/77€2,839
Profit (loss) for the period9904€8,197
Profit (loss) for the period to be appropriated9905€8,197
Line2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,287
Gross operating margin9900€305,548
Operating profit (loss)9901€11,760
Recurring financial charges65€724
Profit (loss) for the period before taxes9903€11,036
Income taxes67/77€2,839
Profit (loss) for the period9904€8,197
Profit (loss) for the period to be appropriated9905€8,197
Line2019
Assets
Total assets20/58€356,737
Fixed assets21/28€126,081
Tangible fixed assets22/27€125,149
Financial fixed assets28€932
Current assets29/58€230,655
Amounts receivable within one year40/41€202,766
Cash at bank and in hand54/58€11,003
Equity and liabilities
Total equity and liabilities10/49€356,737
Equity10/15€26,797
Contributions10/11€18,600
Profit (loss) carried forward14€8,197
Amounts payable17/49€329,940
Amounts payable after more than one year17€74,882
Amounts payable within one year42/48€255,058
Trade debts44€173,448
Line2019
Profit (loss) for the period9904€8,197
+ Depreciation and write-downs630€31,287
Operating cash flow (approximation)€39,484

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

2026
23-06
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 16-06-2026
2021
25-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 19-10-2021
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Gent
approximate (street level) On OpenStreetMap
Ground area
1,081 m²
Building footprint
132 m²
Volume, LiDAR
829 m³
Parcel 44074B0272/00V006, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074B0272/00V006 Flanders 1,081 m² 1 · 132 m² 11.0 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 DIDIER BEKAERT
GERAARDSBERGSESTEENWEG 167, 9090 MELLE
 19-10-2021 → 16-06-2026

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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 5,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
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 28 September 2026 · Peppol Directory

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

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