VERLUNA
Open bankruptcyA bankruptcy procedure is open for VERLUNA according to publications in the Belgian State Gazette; curator: EEF STESSENS.
Summary
The 2022 annual accounts show equity of €129k and a net result of €-51k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-07-2023, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
11 d early
2021
25 d late
2020
16 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€129k▼ 28.3%
2021 · €179k
2018: €80k
2019: €122k
2020: €154k
2021: €179k
2018 → 2022
Total assets
€1.30M▲ 1.5%
2021 · €1.28M
2018: €1.10M
2019: €1.06M
2020: €1.34M
2021: €1.28M
2018 → 2022
Net result
€-51k
2021 · €26k
2018: €-6k
2019: €42k
2020: €32k
2021: €26k
2018 → 2022
Working capital
€-95k
2021 · €4k
2018: €-115k
2019: €-63k
2020: €-63k
2021: €4k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€80k-€122k▲ 52.7%€154k▲ 26.3%€179k▲ 16.6%€129k▼ 28.3%
Operating result€27k-€86k▲ 221%€74k▼ 14.1%€57k▼ 22.7%€-9k
Net result€-6k-€42k€32k▼ 23.7%€26k▼ 20.3%€-51k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €9k after €57k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.30M
Fixed assets
€926k ▲ 13.7%
Current assets
€376k ▼ 19.7%
Equity and liabilities €1.30M
Equity
€129k ▼ 28.3%
Debt
€1.17M ▲ 6.3%
Debt's share of the balance-sheet total rises from 86.0% to 90.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€134k▼
2021 · €195k
Cash flow
€93k▼
2021 · €163k
Current ratio
0.80▼
2021 · 1.01
Quick ratio
0.49▼
2021 · 0.69
Debt to equity
9.14▲
2021 · 6.16
ROE
-39.5%▼
2021 · 14.2%
ROA
-3.9%▼
2021 · 2.0%
Interest coverage
3.31▼
2021 · 4.81
Debt ≤ 1 year
€472k▲
2021 · €464k
Debt > 1 year
€702k▲
2021 · €640k
Income taxes
€185▲
2021 · €-1k
Staff costs
€310k▼
2021 · €316k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 58 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.28M€1.30M▲
Fixed assets21/28€815k€926k▲
Intangible fixed assets21€30k€20k▼
Tangible fixed assets22/27€780k€902k▲
Land and buildings22€87k€78k▼
Plant, machinery and equipment23€241k€278k▲
Furniture and vehicles24€9k€5k▼
Leasing and similar rights25-€139k
Other tangible fixed assets26€444k€401k▼
Financial fixed assets28€5k€5k=
Current assets29/58€469k€376k▼
Stocks and contracts in progress3€149k€147k▼
Stocks30/36€149k€147k▼
Amounts receivable within one year40/41€269k€216k▼
Trade receivables40€225k€162k▼
Other amounts receivable41€44k€54k▲
Cash at bank and in hand54/58€43k€1k▼
Deferred charges and accrued income490/1€7k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.30M▲
Equity10/15€179k€129k▼
Contributions10/11€20k€20k=
Reserves13€159k€159k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€157k€157k=
Profit (loss) carried forward14-€-51k
Amounts payable17/49€1.10M€1.17M▲
Amounts payable after more than one year17€640k€702k▲
Financial debts170/4€640k€702k▲
Amounts payable within one year42/48€464k€472k▲
Current portion of amounts payable after more than one year42€99k€138k▲
Financial debts43-€30k
Credit institutions430/8-€30k
Trade debts44€284k€176k▼
Suppliers440/4€284k€176k▼
Taxes, remuneration and social security45€78k€104k▲
Taxes450/3€11k€16k▲
Remuneration and social security454/9€67k€88k▲
Other amounts payable47/48€2k€24k▲
Income statement
Code20212022
Non-recurring operating income76A€52k€2k▼
Remuneration, social security and pensions62€316k€310k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€143k▲
Other operating charges640/8€9k€10k▲
Gross operating margin9900€520k€453k▼
Operating profit (loss)9901€57k€-9k▼
Financial income75/76B€8k€1k▼
Recurring financial income75€8k€1k▼
Financial charges65/66B€40k€42k▲
Recurring financial charges65€40k€40k=
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€25k€-51k▼
Income taxes67/77€-1k€185▲
Profit (loss) for the period9904€26k€-51k▼
Profit (loss) for the period to be appropriated9905€26k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-51k▼
Transfer to equity691/2€26k-
To other reserves6921€26k-
Social balance
Average headcount (FTE)90879.17.9▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
16-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · VERLUNA BV LANGE- STRAAT 28, 2400 MOL · event 10-09-2024
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-51k ▼299%
Net result drops to €-51k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €154k ▲26.3%
2 profitable years in a row build equity to €154k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Equity above €100kEq €122k ▲52.7%
Equity rises from €80k to €122k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Show earlier events
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
2 establishment units since 2011
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.
Ground area
1,156 m²
Building footprint
567 m²
Volume, LiDAR
2,274 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Verluna
since 20112.204.678.653
Verluna
since 20152.254.078.872
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G1155/00A004 | Flanders | 830 m² | 1 · 422 m² | 9.7 m · 1 fl. |
| 13021B0945/00D000 | Flanders | 326 m² | 1 · 146 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EEF STESSENS COLBURNLEI 22, 2400 MOL- eefje@vast-
advocaten.be |
10-09-2024 → present |
Recognitions · licences · registrations
Dual-learning approval
3 endedBrood- en banketbakker (so)
Brood- en banketbakkerij duaal (so)
Broodbakker (so)
Similar companies · same sector, comparable size
QUALY FOOD
BE 0422.136.674
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PRECIOSA
BE 0458.734.180
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BROOD EN BANKET VANHULSEN
BE 0899.599.675
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AMMAR
BE 0568.644.286
Gent · Eq €128,781
Bakkerij Kathleen
BE 0662.590.271
Beringen · Eq €128,087
Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 893 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
10520Manufacture of food products
10820Manufacture of cocoa, chocolate and sugar confectionery
47110Non-specialised retail sale with food, beverages or tobacco predominating
47242Retail sale of chocolate and confectionery
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.