VDB COMMUNICATIONS

Inactive

KBO/BCE: BE 0627.834.478

VDB COMMUNICATIONS was declared bankrupt on 07-10-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 17-09-2024, published in the Belgian State Gazette on 23-09-2024.

No longer registered with the KBO; last annual accounts for fiscal year 2019.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 4 filings

Position against the passed deadline

31-12-2020 close31-07-2021 deadline21-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 27-11-2020, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

119 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2019, micro schema

Equity

€-17k▲ 12.3%

2018 · €-20k

2018: €-20k

2018 → 2019

Total assets

€2k▲ 13.0%

2018 · €2k

2018: €2k

2018 → 2019

Net result

€2k

2018 · €-2k

2018: €-2k

2018 → 2019

Working capital

€-17k▲ 7.2%

2018 · €-19k

2018: €-19k

2018 → 2019

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019Trend

Equity€-20k-€-17k▲ 12.3%

Operating result€-778-€4k

Net result€-2k-€2k

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2019: €4k after a loss of €778 in 2018.

Balance-sheet composition

2019 in colour, 2018 as the grey bar beneath

Assets €2k

98.1%

Fixed assets €45▼ 80.0%

Current assets €2k▲ 24.0%

Key figures and ratios

2019 value · change against 2018

EBITDA

€4k▲

2018 · €-425

Cash flow

€3k▲

2018 · €-2k

Debt

€20k▼

2018 · €22k

Debt ≤ 1 year

€20k▼

2018 · €21k

Income taxes

€118▼

2018 · €129

Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2019 against 2018

Balance sheet Code20182019

Assets

Total assets20/58€2k€2k▲

Fixed assets21/28€223€45▼

Tangible fixed assets22/27€223€45▼

Current assets29/58€2k€2k▲

Amounts receivable within one year40/41€1k€2k▲

Cash at bank and in hand54/58€170€115▼

Equity and liabilities

Total equity and liabilities10/49€2k€2k▲

Equity10/15€-20k€-17k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-26k€-24k▲

Amounts payable17/49€22k€20k▼

Amounts payable after more than one year17€1k-

Amounts payable within one year42/48€21k€20k▼

Trade debts44€10k€59▼

Income statement Code20182019

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€353€178▼

Gross operating margin9900€843€6k▲

Operating profit (loss)9901€-778€4k▲

Recurring financial income75€761€120▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€-2k€3k▲

Income taxes67/77€129€118▼

Profit (loss) for the period9904€-2k€2k▲

Profit (loss) for the period to be appropriated9905€-2k€2k▲

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Timeline · acts, filings and financial milestones

All 7Signals 2Financial 1Filings 4

2024

23-09

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Gent, afdeling Dendermonde · VDB COMMUNICA- TIONS BV BOUDELOSTRAAT(KLS) 29, 9190 STEKENE · event 17-09-2024

2022

12-10

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · VDB COMMUNICATIONS BV BOUDELOSTRAAT(KLS) 29, 9190 STEKENE · event 07-10-2022

2020

27-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 119 days late

2019

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

09-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

28-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

31-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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

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.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	IVAN REYNS GROTE BAAN 68, 9120 BEVEREN-WAAS- ↔ Also on 21 other cases	07-10-2022 → present
Curator	NILS VERSCHAEREN GROTE BAAN 68, 9120 BEVEREN-WAAS ↔ Also on 89 other cases	07-10-2022 → present