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Generated 28-06-2026
Active BE 0436.960.848Public limited companyOpen bankruptcy

VELDEMAN BEDDING

Industrieweg-Noord 1155 ·3660 Oudsbergen, Belgium· 37 yrs active
Sector: NACE 31003 (31003)
Conclusion Checked

A bankruptcy procedure is open for VELDEMAN BEDDING according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €8.25M and a net result of €9k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €8.25M
Net result €9k
Staff (FTE) 196.8
Active 37 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability18Solvency10Growth45Stability0
15 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 18
Solvency 10
Growth 45
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 17-02-2023 with the NBB · fiscal year 2021 · volledig
€0€20.00M€40.00M€60.00MRevenue 2018: €53.74M€53.74MOperating result 2018: €1.77M€1.77MNet result 2018: €43k€43kRevenue 2019: €50.41M€50.41MOperating result 2019: €1.54M€1.54MNet result 2019: €38k€38kRevenue 2020: €51.32M€51.32MOperating result 2020: €1.59M€1.59MNet result 2020: €141k€141kRevenue 2021: €52.07M€52.07MOperating result 2021: €1.48M€1.48MNet result 2021: €9k€9k2018201920202021
RevenueOperating resultNet result
Revenue
€52.07M
+1.4% 18–21
EBITDA
€2.98M
-10.8% 18–21
Net profit
€9k
-93.6% 18–21
Cash flow
€1.51M
-20.1% 18–21
Total assets
€56.01M
-3.8% 18–21
Equity
€8.25M
+19.9% 18–21
Working capital
€-26.08M
+9.3% 18–21
Employees (FTE)
197
-1.0% 18–21
Staff costs
€9.12M
— 18–21
Income taxes
€15k
-82.7% 18–21
Debt
€47.72M
-6.7% 18–21
Debt ≤ 1y
€41.02M
-5.6% 18–21
Debt > 1y
€6.60M
-9.3% 18–21
Current ratio
0.36
+7.8% 18–21
Quick ratio
0.27
+5.7% 18–21
Solvency
14.7%
+24.6% 18–21
Debt / equity
5.78
+447.4% 18–21
ROE
0.1%
-94.7% 18–21
ROA
0.0%
-93.4% 18–21
Net margin
0.0%
-93.7% 18–21
EBITDA margin
5.7%
-12.0% 18–21
Interest coverage
3.06
-31.3% 18–21
Figures by fiscal year
Fiscal year2021
Revenue€52.07M
EBITDA€2.98M
Net profit€9k
Cash flow€1.51M
Staff costs€9.12M
Income taxes€15k
Dividends—
Total assets€56.01M
Equity€8.25M
Debt€47.72M
of which ≤ 1y€41.02M
of which > 1y€6.60M
Working capital€-26.08M
Employees (FTE)196.8
Ratios (computed)
2021
Current ratio0.36
Quick ratio0.27
Working capital ratio-46.6%
Solvency14.7%
Debt / equity5.78
Long-term debt ratio0.80
Interest coverage3.06
Gross margin38.8%
Net margin0.0%
ROA0.0%
ROE0.1%
EBITDA margin5.7%
Days sales outstanding63d
Days payable outstanding150d
Inventory turnover8.34
Days inventory (DSI)44d
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet — Assets
TOTAL ASSETS 20/58€56.01M
Fixed assets 21/28€41.04M
Formation expenses 20€38k
Intangible fixed assets 21€1.40M
Tangible fixed assets 22/27€3.89M
Financial fixed assets 28€35.75M
Current assets 29/58€14.94M
Stocks & contracts in progress 3€3.82M
Amounts receivable within one year 40/41€9.76M
Cash & bank 54/58€670k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€56.01M
Equity 10/15€8.25M
Contributions / capital 10/11€6.15M
Reserves 13€740k
Provisions & deferred taxes 16€43k
Amounts payable 17/49€47.72M
Amounts payable after one year 17€6.60M
Amounts payable within one year 42/48€41.02M
Trade debts payable within one year 44€13.08M
Income statement
Turnover 70€52.07M
Operating result 9901€1.48M
Financial income 75€1.03M
Financial charges 65€2.49M
Result before taxes 9903€21k
Income taxes 67/77€15k
Net result for the period 9904€9k
Result to be appropriated 9905€19k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates3 persons
Role Name Tenure Source
Curator TOM ARTS
JAARBEURSLAAN 19, 3600 GENK-
 26-07-2023 → present Belgian State Gazette
Curator GEERT RENIERS
JAARBEURSLAAN 19, 3600 GENK
 26-07-2023 → present Belgian State Gazette
Curator ILONA LO GIUDICE
JAAR- BEURSLAAN 19, 3600 GENK
 26-07-2023 → present Belgian State Gazette
Legal Structure
NACE primary 31003
Legal form Public limited company(014)
Incorporation23-03-1989
StatusActive
Postal code3660
First BS signal 01-08-2023
Latest BS signal 01-08-2023
Connections & network 1 connected companies
Group structure
VALUMAT
Subsidiary
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Company structure — linked entities3 linked entities
VELDEMAN BEDDINGBE 0436.960.848TOM ARTSReceiverGEERT RENIERSReceiver ↔ 124Reynders, JoHOMEPUISSANT PARTNERS…ILONA LO GIUDICEReceiver
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 2 locations
VELDEMAN BEDDING
Industrieweg-Noord 1155, 3660 Oudsbergende vervaardiging van meubels en modulaire meubelelementen voor de inbouwkeukens.
since 19892.042.883.346
Veldeman Bedding NV
Industrieweg-Noord 1153, 3660 OudsbergenVervaardiging van keukenmeubelen
since 20172.274.024.151
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71562B0913/00A005 Flanders 4.8 ha 1 · 2.7 ha 8.1 m · 2 fl.
71562B0913/00K009 Flanders 2.3 ha 1 · 505 m² 7.4 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
01-08-2023
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · VELDEMAN BEDDING NV INDUSTRIEWEG-NOORD 1155, 3660 OUDSBERGEN · event 26-07-2023
17-02-2023
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
29-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
30-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
24-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
13-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
10-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
20-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
29-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
24-07-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
30-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
Lifecycle & Insolvency Signals 1 events
01-08-2023
Bankruptcy Opening
Date: 26-07-2023 · Ondernemingsrechtbank Antwerpen, afdeling Tongeren · VELDEMAN BEDDING NV INDUSTRIEWEG-NOORD 1155, 3660 OUDSBERGEN · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-08-01 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van matrassen31003Vervaardiging van matrassen31030Vervaardiging van matrassen36150Vervaardiging van andere meubelen, neg31009Vervaardiging van andere meubelen, n.e.g.31099Groothandel in niet-elektrische huishoudelijke artikelen46494Groothandel in niet-elektrische huishoudelijke artikelen46494Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten51471Activiteiten van interieurdecorateurs74104Interieurontwerp74130Overige vormen van onderwijs85599Overige vormen van onderwijs85599Reparatie van meubelen en stoffering95240Reparatie en onderhoud van meubelen en stoffering95240
Primary activity highlighted.
Names & trade names
Legal nameNL VELDEMAN BEDDING
Registered office
Industrieweg-Noord 1155
3660 Oudsbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative