VERHULST ASSOCIATES
InactiveVERHULST ASSOCIATES was declared bankrupt on 01-12-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 20-01-2026, published in the Belgian State Gazette on 26-01-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
150 d late
2019
511 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-1k▼ 2.8%
2020 · €-1k
2018: €897
2019: €7
2020: €-1k
2018 → 2021
Total assets
€163k=
2020 · €163k
2018: €163k
2019: €163k
2020: €163k
2018 → 2021
Net result
€-32▲ 97.2%
2020 · €-1k
2018: €-22k
2019: €-890
2020: €-1k
2018 → 2021
Working capital
€-124k=
2020 · €-124k
2018: €-122k
2019: €-122k
2020: €-124k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€897-€7▼ 99.2%€-1k€-1k▼ 2.8%
Operating result€-21k-€-869▲ 95.8%€-1k▼ 22.9%
Net result€-22k-€-890▲ 96.0%€-1k▼ 25.6%€-32▲ 97.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2020 against €869 in 2019; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €163k
Fixed assets
€123k=
Current assets
€40k▼ 0.1%
Key figures and ratios
Solvency
-0.7%▼
2020 · -0.7%
Current ratio
0.25▼
2020 · 0.25
Quick ratio
0.25▼
2020 · 0.25
ROA
0.0%▲
2020 · -0.7%
Debt
€164k=
2020 · €164k
Debt ≤ 1 year
€164k=
2020 · €164k
A ratio outside any meaningful range has been withheld (balance sheet total €163k, equity €-1k).
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€163k€163k=
Fixed assets21/28€123k€123k=
Financial fixed assets28€123k€123k=
Current assets29/58€40k€40k▼
Amounts receivable within one year40/41€40k€40k=
Other amounts receivable41-€40k
Cash at bank and in hand54/58€125€94▼
Equity and liabilities
Total equity and liabilities10/49€163k€163k=
Equity10/15€-1k€-1k▼
Contributions10/11-€19k
Reserves13€410k€410k=
Distributable reserves133-€410k
Profit (loss) carried forward14€-430k€-430k=
Amounts payable17/49€164k€164k=
Amounts payable within one year42/48€164k€164k=
Trade debts44€5k-
Other amounts payable47/48-€164k
Income statement
Code20202021
Gross operating margin9900€-518-
Operating profit (loss)9901€-1k-
Financial charges65/66B-€32
Recurring financial charges65€50€32▼
Profit (loss) for the period before taxes9903€-1k€-32▲
Profit (loss) for the period9904€-1k€-32▲
Profit (loss) for the period to be appropriated9905€-1k€-32▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-430k
Profit (loss) brought forward from the previous period14P-€-430k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VERHULST ASSOCI- ATES BVBA VOSSESCHIJNSTRAAT 43, 2030 ANTWERPEN 3 · event 20-01-2026
2022
07-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VERHULST ASSOCIATES BVBA VOSSESCHIJNSTRAAT 43, 2030 ANTWERPEN 3 · event 01-12-2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 511 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 35 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 270 days late
2015
02-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 33 days late
2013
16-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 138 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 491 days late
SignalNBB filing
Directors · office · real estate
Directors
7 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
01-12-2022 → present |