VDW DISTRIBUTION
Open bankruptcyA bankruptcy procedure is open for VDW DISTRIBUTION according to publications in the Belgian State Gazette; curator: LUDIVINE DEWELLE.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2017 annual accounts show negative equity (-€313,342) and a net result of -€147,840.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Hainaut, Mons division
- Declared bankrupt
- 27 May 2019
- Supervising judge
- Eddy Dubois
- Official Gazette
- 05-06-2019 (pdf) ↗search the document for 2019/129472
Deadlines
- Provisional date payments stopped
- 27 May 2019A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 June 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 26 June 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 July 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 27 May 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ludivine DewelleAvenue D’Hyon, 49/R3, 7000 Monsl.dewelle@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 31-08-2018, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2017
31 d late
2016
98 d late
2015
3 d early
2014
40 d late
2013
61 d late
2012
30 d late
2011
58 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days after the deadline; the sector median for financial year 2017 is 1 day before the deadline, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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?Process a list How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€147,840
Working capital
-€368,628
Balance-sheet composition
Assets €392,724
Fixed assets
€229,813
Current assets
€162,911
Equity and liabilities
Equity-€313,342
Debt€706,066
Equity is negative: debt (€706,066) exceeds the balance-sheet total (€392,724).
Key figures and ratios
EBITDA
-€39,503
Cash flow
-€97,106
Solvency
-79.8%
Current ratio
0.31
Quick ratio
0.09
ROA
-37.6%
Debt
€706,066
Debt ≤ 1 year
€531,539
Debt > 1 year
€73,964
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
| Line | 2017 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,734 |
| Gross operating margin9900 | €154,104 |
| Operating profit (loss)9901 | -€90,237 |
| Recurring financial income75 | €49 |
| Recurring financial charges65 | €57,653 |
| Profit (loss) for the period before taxes9903 | -€147,840 |
| Profit (loss) for the period9904 | -€147,840 |
| Profit (loss) for the period to be appropriated9905 | -€147,840 |
| Line | 2017 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €392,724 | |
| Fixed assets21/28 | €229,813 | |
| Intangible fixed assets21 | €12,917 | |
| Tangible fixed assets22/27 | €216,897 | |
| Current assets29/58 | €162,911 | |
| Stocks and contracts in progress3 | €112,778 | |
| Amounts receivable within one year40/41 | €866 | |
| Cash at bank and in hand54/58 | €38,273 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €392,724 | |
| Equity10/15 | -€313,342 | |
| Contributions10/11 | €100,000 | |
| Profit (loss) carried forward14 | -€413,342 | |
| Amounts payable17/49 | €706,066 | |
| Amounts payable after more than one year17 | €73,964 | |
| Amounts payable within one year42/48 | €531,539 | |
| Trade debts44 | €443,177 | |
| Line | 2017 |
|---|---|
| Profit (loss) for the period9904 | -€147,840 |
| + Depreciation and write-downs630 | €50,734 |
| Operating cash flow (approximation) | -€97,106 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
06-09
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise du Hainaut, division Mons · event 18-03-2024
2019
05-06
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 27-05-2019
2018
25-09
Judicial reorganisation
Extension
Tribunal de commerce du Hainaut · collective agreement · event 17-09-2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
23-03
Judicial reorganisation
Opening
Tribunal de commerce du Hainaut · event 19-03-2018
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 98 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
09-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 40 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
27-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 58 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2010
Ground area
2,068 m²
Building footprint
117 m²
Volume, LiDAR
808 m³
Parcel 53062B0001/02T000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Eglise (O.) 7, 7034 Mons
since 20102.192.721.721
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53062B0001/02T000 | Wallonia | 2,068 m² | 1 · 117 m² | 7.9 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 | LUDIVINE DEWELLE Avenue D’Hyon, 49/R3, 7000 Mons |
27-05-2019 → present |
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Of 10,504 companies in this sector we hold annual accounts for 5,855. 1,950 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded23-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
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
General meetings
1 convocationGeneral meeting
Scores and ratios are computed by Checked and are not a credit decision.