VF LUXURY
Open bankruptcyA bankruptcy procedure is open for VF LUXURY according to publications in the Belgian State Gazette; curator: JEFFRY CAMBY. The 2024 annual accounts show equity of €104k and a net result of €26k.
Signals
Four 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 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
85 d late
2022
38 d late
2021
61 d late
2020
110 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€82k▲ 107%
2020 · €40k
2020: €40k
2020 → 2022
EBIT margin
4.6%▲ 8.8pp
2020 · -4.2%
2020: -4.2%
2020 → 2022
Net result
€26k▼ 12.1%
2023 · €29k
2020: €9k
2021: €-10k
2022: €7k
2023: €29k
2020 → 2024
Working capital
€87k▲ 71.3%
2023 · €51k
2020: €-4k
2021: €10k
2022: €33k
2023: €51k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€40k-€82k
Equity€34k-€42k▲ 22.5%€49k▲ 16.8%€78k▲ 60.0%€104k▲ 32.9%
Operating result€-2k-€-10k▼ 491%€4k€31k▲ 716%€28k▼ 8.2%
Net result€9k-€-10k€7k€29k▲ 317%€26k▼ 12.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118k
Fixed assets
€17k▼ 38.3%
Current assets
€101k▲ 46.4%
Equity and liabilities €118k
Equity
€104k▲ 32.9%
Debt
€13k▼ 25.0%
The debt ratio falls from 18.5% to 11.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2023 · €42k
Cash flow
€36k▼
2023 · €40k
Solvency
88.6%▲
2023 · 81.5%
Current ratio
7.53▲
2023 · 3.86
Quick ratio
7.53▲
2023 · 3.86
Debt / equity
0.13▼
2023 · 0.23
ROE
24.8%▼
2023 · 37.5%
ROA
22.0%▼
2023 · 30.5%
Interest coverage
44.98▼
2023 · 192.80
Debt
€13k▼
2023 · €18k
Debt ≤ 1 year
€13k▼
2023 · €18k
Income taxes
€2k▲
2023 · €1k
Staff costs
€14k▼
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€96k€118k▲
Fixed assets21/28€27k€17k▼
Tangible fixed assets22/27€27k€17k▼
Furniture and vehicles24€27k€17k▼
Current assets29/58€69k€101k▲
Amounts receivable within one year40/41€60k€91k▲
Trade receivables40€28k€21k▼
Other amounts receivable41€32k€70k▲
Cash at bank and in hand54/58€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€96k€118k▲
Equity10/15€78k€104k▲
Contributions10/11€25k€25k=
Reserves13€480€480=
Non-distributable reserves130/1€480€480=
Reserves not available under the articles1311€480€480=
Profit (loss) carried forward14€53k€79k▲
Amounts payable17/49€18k€13k▼
Amounts payable within one year42/48€18k€13k▼
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€310€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€24k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€67k€54k▼
Operating profit (loss)9901€31k€28k▼
Financial charges65/66B€217€865▲
Recurring financial charges65€217€865▲
Profit (loss) for the period before taxes9903€31k€28k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€29k€26k▼
Profit (loss) for the period to be appropriated9905€29k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€79k▲
Profit (loss) brought forward from the previous period14P€24k€53k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL VF LUXURY RUE DE BIRMIN- GHAM 97, 1080 MOLENBEEK-SAINT-JEAN · event 11-05-2026
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €100kEq €104k ▲32.9%
3 profitable years in a row build equity to €104k.
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 85 days late
2023
31-12
Financial
Highest result since 2020net €29k ▲317%
Operating result €31k, net result €29k, both a record.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 38 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.37
Current ratio from 1.47 to 4.37; short-term debt falls from €22k to €10k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-10k ▼211%
Net result drops to €-10k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.47
Current ratio from 0.63 to 1.47.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 110 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Jans-Molenbeek · 1 establishment unit since 2019
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.
Birminghamstraat 971080 Sint-Jans-MolenbeekGround area
7,646 m²
Building footprint
406 m²
Volume, LiDAR
11,278 m³
2 parcels, Brussels · tallest building 37.3 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
VF LUXURY
since 20192.285.577.148
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0861/00D000 | Brussels | 7,479 m² | 1 · 282 m² | 37.3 m · 12 fl. |
| 21523B0939/00W075 | Brussels | 167 m² | 1 · 124 m² | 22.0 m · 5 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 | JEFFRY CAMBY AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE |
11-05-2026 → present |
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Of 7,002 companies in sector 49320 we hold annual accounts for 2,712. 1,891 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2019
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.