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VGA ISO-CONCEPT

Inactive KBO/BCE: BE 0536.267.864

Information for creditors

French-language Enterprise Court of Brussels · Official Gazette of 15-12-2020

Opened on 9 December 2020 · extended on 3 March 2021 · moratorium passed on 5 May 2021

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by collective agreement
Docket number
20200060
Moratorium until
5 May 2021 (passed, unless a later judgment extended it)
Creditors' vote
21 April 2021
Delegated judge
Michel Gustot
Official Gazette
15-12-2020search the document for 2020/146913
Extension
judgment of 3 March 2021, Official Gazette 10-03-2021search the document for 2021/108623

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  5. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

Lifetime

7 annual accounts with figures on one time axis
peak €391,610 (2014)
€31,125▲ 13.2%
lowest -€50,348 (2018)
-€23,833▲ €11,208
peak €36,485 (2017)
-€60,338▼ €23,833
€74,430▲ 34.1%
Board2 names since 2018
- 
Documentsfilings and deeds
30-09-202161 days late
2020micro format
Judicial reorganisation opened 15-12Turnover from €27,507 to €31,125Gross margin from -€19,398 to -€11,535Loss of €23,833Registered-office move 21-09Equity from -€36,505 to -€60,338

Key points

from the 2020 annual accounts, the last ones filed

Debts

€74,430 528% of the balance sheet
After one year 11%Within one year 89%

Of this, €66,265 falls due within a year.

Filings

7 annual accounts 3 late
AprilJune31 JulyOctober2014201620182020

The 2018 accounts came latest: 348 days after the end of the period.

Final months

180 days from reorganisation to bankruptcy
  • 09-12-2020 reorganisation opened
  • 07-06-2021 declared bankrupt
  • 14-06-2021 published in the Official Gazette
No score

Board and ownership

last known board
CC
Director, until 2018
NC
Manager, until 2018
  • CATALIN COTRAUannual accounts 2016
  • IULIAN VELICUannual accounts 2016
  • MARIAN TANASEannual accounts 2016
and 2 other shareholdersBoard & ownership

Recent changes

Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 09-06-2022 · Bankruptcy
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 07-06-2021 · Bankruptcy
Extension French-language Enterprise Court of Brussels · collective agreement · judgment of 03-03-2021 · Judicial reorganisation
Judicial reorganisation opened French-language Enterprise Court of Brussels · collective agreement · judgment of 09-12-2020 · Judicial reorganisation
All 16 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 10-07-2013 · bankruptcy closed on 09-06-2022
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€14,092▼ 25.8%
Filing
Filed on 30-09-2021
Financials

Insights on VGA ISO-CONCEPT

VGA ISO-CONCEPT reached its highest turnover in 2014: €391,610. A year later it was €275,311.

Equity fell from €36,485 in 2017 to -€60,338 in 2020, while debts rose from €54,587 to €74,430.

On 9 December 2020 the court opened a judicial reorganisation. 180 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VGA ISO-CONCEPT

What is the company number of VGA ISO-CONCEPT?
The company number of VGA ISO-CONCEPT is 0536.267.864. The VAT number is the same number with BE in front: BE 0536.267.864.
What is the legal form of VGA ISO-CONCEPT?
Legal form of VGA ISO-CONCEPT: SPRL.
Is VGA ISO-CONCEPT still active?
No. VGA ISO-CONCEPT is inactive in the KBO register.Company details
What is the turnover of VGA ISO-CONCEPT?
The turnover of VGA ISO-CONCEPT was €31,125 in financial year 2020, according to the filed annual accounts.Financials
Is VGA ISO-CONCEPT profitable?
In financial year 2020, VGA ISO-CONCEPT made a loss of €23,833.
Where can I find the annual accounts of VGA ISO-CONCEPT?
VGA ISO-CONCEPT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2020.

Next steps

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