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VETCO

Open bankruptcy
Private limited company (pre-2019)founded 2014Kartuizersvest 11, 2500 Lier, BelgiumKBO/BCE: BE 0507.672.363

A bankruptcy procedure is open for VETCO according to publications in the Belgian State Gazette; curator: ELKE AERTS.

Summary

The 2017 annual accounts show negative equity (-€32,208) and a net result of -€53,813.

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 Antwerp, Mechelen division
Declared bankrupt
11 March 2019
Supervising judge
Eddy Brouwers
Official Gazette
15-03-2019 (pdf) ↗search the document for 2019/112582

Deadlines

Provisional date payments stopped
11 March 2019A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 30 March 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 10 April 2019art. XX.104 and XX.155 CEL
First verification report
passed on 6 May 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 11 March 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Elke AertsDonk 54, 2500 Lierelke.aerts@advocatenkantoor-mattijs.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 07-09-2018, 38 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

VETCO was incorporated on 23 December 2014.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2017.2 On 11 March 2019 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2017
  3. 3Belgian State Gazette, 15-03-2019

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2017, abbreviated schema

Equity
-€32,208
2016 · €17,455
Total assets
€113,062▲ 4.8%
2016 · €107,851
Net result
-€53,813▼ 1,828%
2016 · -€2,792
Working capital
-€43,928▼ 6.6%
2016 · -€41,208
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20162017
Operating result-€1,735--€58,481▼ 3,271%
Net result-€2,792--€53,813▼ 1,828%
Equity€17,455--€32,208
Total assets€107,851-€113,062▲ 4.8%
Debt€90,396-€145,270▲ 60.7%
Working capital-€41,208--€43,928▼ 6.6%
Staff (FTE)5-7▲ 40.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2016: -€1,735-€1,735Net result 2016: -€2,792-€2,792Operating result 2017: -€58,481-€58,481Net result 2017: -€53,813-€53,81320162017-€60,000-€40,000-€20,000€0Operating result 2016: -€1,735-€1,730Net result 2016: -€2,792-€2,790Operating result 2017: -€58,481-€58,500Net result 2017: -€53,813-€53,80020162017
The operating result stays negative: a loss of €58,481 in 2017 against €1,735 in 2016; the loss grows.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €113,062
Fixed assets €71,647 ▼ 16.0%
Current assets €41,415 ▲ 83.7%
Key figures and ratios
2017 value · change against 2016
EBITDA
-€33,072▼
2016 · €22,336
Cash flow
-€28,405▼
2016 · €21,279
Solvency
-28.5%▼
2016 · 16.2%
Current ratio
0.49▲
2016 · 0.35
Quick ratio
0.36▲
2016 · 0.21
Debt to equity
-1.86▼
2016 · 1.42
ROA
-47.6%▼
2016 · -2.6%
Debt ≤ 1 year
€85,343▲
2016 · €63,757
Debt > 1 year
€59,767▲
2016 · €24,787
Income taxes
€1,784
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 26 lines
Balance sheet Code20162017
Assets
Total assets20/58€107,851€113,062▲
Fixed assets21/28€85,302€71,647▼
Intangible fixed assets21€6,173€4,635▼
Tangible fixed assets22/27€79,129€67,013▼
Current assets29/58€22,549€41,415▲
Stocks and contracts in progress3€9,204€10,805▲
Amounts receivable within one year40/41€13,100€12,600▼
Cash at bank and in hand54/58€1€17,794▲
Equity and liabilities
Total equity and liabilities10/49€107,851€113,062▲
Equity10/15€17,455-€32,208▼
Contributions10/11€14,400€18,550▲
Reserves13€293€293=
Profit (loss) carried forward14€2,763-€51,051▼
Amounts payable17/49€90,396€145,270▲
Amounts payable after more than one year17€24,787€59,767▲
Amounts payable within one year42/48€63,757€85,343▲
Trade debts44€22,180€49,072▲
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,071€25,408▲
Gross operating margin9900€65,363€41,635▼
Operating profit (loss)9901-€1,735-€58,481▼
Recurring financial income75€1€10,053▲
Recurring financial charges65€1,058€3,602▲
Profit (loss) for the period before taxes9903-€2,792-€52,029▼
Income taxes67/77-€1,784
Profit (loss) for the period9904-€2,792-€53,813▼
Profit (loss) for the period to be appropriated9905-€2,792-€53,813▼
Line20162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,071€25,408▲ 5.6%
Gross operating margin9900€65,363€41,635▼ 36.3%
Operating profit (loss)9901-€1,735-€58,481▼ 3,271%
Recurring financial income75€1€10,053▲ 1,933,196%
Recurring financial charges65€1,058€3,602▲ 241%
Profit (loss) for the period before taxes9903-€2,792-€52,029▼ 1,764%
Income taxes67/77-€1,784-
Profit (loss) for the period9904-€2,792-€53,813▼ 1,828%
Profit (loss) for the period to be appropriated9905-€2,792-€53,813▼ 1,828%
Line20162017Change
Assets
Total assets20/58€107,851€113,062▲ 4.8%
Fixed assets21/28€85,302€71,647▼ 16.0%
Intangible fixed assets21€6,173€4,635▼ 24.9%
Tangible fixed assets22/27€79,129€67,013▼ 15.3%
Current assets29/58€22,549€41,415▲ 83.7%
Stocks and contracts in progress3€9,204€10,805▲ 17.4%
Amounts receivable within one year40/41€13,100€12,600▼ 3.8%
Cash at bank and in hand54/58€1€17,794▲ 1,797,242%
Equity and liabilities
Total equity and liabilities10/49€107,851€113,062▲ 4.8%
Equity10/15€17,455-€32,208▼ 285%
Contributions10/11€14,400€18,550▲ 28.8%
Reserves13€293€293=
Profit (loss) carried forward14€2,763-€51,051▼ 1,948%
Amounts payable17/49€90,396€145,270▲ 60.7%
Amounts payable after more than one year17€24,787€59,767▲ 141%
Amounts payable within one year42/48€63,757€85,343▲ 33.9%
Trade debts44€22,180€49,072▲ 121%
Line20162017Change
Profit (loss) for the period9904-€2,792-€53,813▼ 1,828%
+ Depreciation and write-downs630€24,071€25,408▲ 5.6%
Operating cash flow (approximation)€21,279-€28,405▼ 233%
Investment in fixed assets (approximation)--€11,753-
Change in cash-€17,793-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2019
15-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 11-03-2019
2018
07-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2017
29-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 151 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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
Registered office, Lier · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
577 m²
Building footprint
130 m²
Volume, LiDAR
1,039 m³
Parcel 12021G0080/00H007, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bread@lunch
Kartuizersvest 11, 2500 LierFood and beverage service activities
since 20142.244.051.844
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12021G0080/00H007 Flanders 577 m² 1 · 130 m² 13.3 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 ELKE AERTS
DONK 54, 2500 LIER-
11-03-2019 → present

Similar companies · same sector, comparable size

Of 20,500 companies in sector 56111 we hold annual accounts for 11,464. 8,521 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
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

Scores and ratios are computed by Checked and are not a credit decision.