VFG MANAGEMENT
InactiveVFG MANAGEMENT was declared bankrupt on 20-09-2021 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 11-12-2023, published in the Belgian State Gazette on 15-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2020 close30-04-2021 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 30-04-2020, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2019, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35k▼ 41.0%
2018 · €59k
2018: €59k
2018 → 2019
Working capital
€-393k▲ 10.8%
2018 · €-440k
2018: €-440k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-166k-€-119k▲ 28.6%
Operating result€60k-€42k▼ 30.0%
Net result€59k-€35k▼ 41.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 30% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €411k
Fixed assets
€274k=
Current assets
€136k▼ 1.8%
Key figures and ratios
EBITDA
€44k▼
2018 · €62k
Cash flow
€37k▼
2018 · €62k
Solvency
-28.9%▲
2018 · -40.2%
Current ratio
0.26▲
2018 · 0.24
Quick ratio
0.23▲
2018 · 0.21
ROA
8.5%▼
2018 · 14.4%
Debt
€529k▼
2018 · €579k
Debt ≤ 1 year
€529k▼
2018 · €579k
Income taxes
€6k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€413k€411k▼
Fixed assets21/28€274k€274k=
Tangible fixed assets22/27€2k€2k▼
Financial fixed assets28€273k€273k=
Current assets29/58€139k€136k▼
Stocks and contracts in progress3€17k€15k▼
Amounts receivable within one year40/41€122k€121k▼
Cash at bank and in hand54/58€5€1▼
Equity and liabilities
Total equity and liabilities10/49€413k€411k▼
Equity10/15€-166k€-119k▲
Contributions10/11€6k€19k▲
Reserves13€2k€2k=
Profit (loss) carried forward14€-174k€-139k▲
Amounts payable17/49€579k€529k▼
Amounts payable within one year42/48€579k€529k▼
Trade debts44€7k€46k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Gross operating margin9900€63k€54k▼
Operating profit (loss)9901€60k€42k▼
Recurring financial income75€351-
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€59k€41k▼
Income taxes67/77-€6k
Profit (loss) for the period9904€59k€35k▼
Profit (loss) for the period to be appropriated9905€59k€35k▼
Timeline · acts, filings and financial milestones
2023
15-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · VFG MANAGEMENT SCRL CHEMIN DE RANSBEEK 4, 1410 WATERLOO. déclarée le 20 septembre 2021 · event 11-12-2023
2021
27-09
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · VFG MANAGEMENT SCRL CHEMIN DE RANSBEEK 4, 1410 WATERLOO · event 20-09-2021
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
29-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
02-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
21-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 21 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
2011
30-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 30 days late
2010
12-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 12 days late
SignalNBB filing
Directors · office · real estate
Directors
9 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 | MAGALI VANDENBOSSCHE CHAUSSEE DE
TERVUREN 198F, 1410 WATERLOO |
20-09-2021 → present |