VH - IMMO
Open bankruptcyA bankruptcy procedure is open for VH - IMMO according to publications in the Belgian State Gazette; curator: ERIC FLAMéE.
Summary
The 2017 annual accounts show negative equity (-€464,200) and a net result of -€71,867.
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 Ghent, Ghent division
- Declared bankrupt
- 1 March 2022
- Supervising judge
- Lieven Steel
- Official Gazette
- 07-03-2022 (pdf) ↗search the document for 2022/107956
Deadlines
- Provisional date payments stopped
- 1 March 2022A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 22 March 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 31 March 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 8 April 2022Goods 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 1 March 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- FLAMéE EricEiland 27, 9520 Sint-Lievens- Houtemef@flamee-vanderstichelen.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, micro schema
Equity
-€464,200▼ 18.3%
2016 · -€392,333
Total assets
€584,788▼ 3.4%
2016 · €605,209
Net result
-€71,867▲ 26.7%
2016 · -€98,008
Working capital
-€119,962
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result-€44,150--€42,994▲ 2.6%-€40,943▲ 4.8%-€39,587▲ 3.3%-€45,070▼ 13.9%
Net result-€62,500--€59,762▲ 4.4%-€60,759▼ 1.7%-€98,008▼ 61.3%-€71,867▲ 26.7%
Equity-€173,805--€233,567▼ 34.4%-€294,326▼ 26.0%-€392,333▼ 33.3%-€464,200▼ 18.3%
Total assets€689,776-€661,587▼ 4.1%€633,398▼ 4.3%€605,209▼ 4.5%€584,788▼ 3.4%
Debt€863,581-€895,154▲ 3.7%€927,724▲ 3.6%€997,543▲ 7.5%€1.0m▲ 5.2%
Working capital-€119,962
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45,070 in 2017 against €39,587 in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
Assets €584,788
Fixed assets
€577,020
Current assets
€7,768
Key figures and ratios
EBITDA
-€16,881▼
2016 · -€11,398
Cash flow
-€43,678▲
2016 · -€69,819
Solvency
-79.4%▼
2016 · -64.8%
Current ratio
0.06
Debt to equity
-1.98▼
2016 · -1.88
ROA
-12.3%▲
2016 · -16.2%
Debt ≤ 1 year
€127,729▼
2016 · €259,858
Debt > 1 year
€921,259▲
2016 · €737,685
Income taxes
-€6,250▼
2016 · €16,462
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,294 | €28,189 | €28,189 | €28,189 | €28,189 | = |
| Gross operating margin9900 | - | €3,060 | €4,303 | €5,553 | -€685 | ▼ 112% |
| Operating profit (loss)9901 | -€44,150 | -€42,994 | -€40,943 | -€39,587 | -€45,070 | ▼ 13.9% |
| Recurring financial charges65 | €18,351 | €16,767 | €12,553 | €41,959 | €15,931 | ▼ 62.0% |
| Profit (loss) for the period before taxes9903 | -€62,500 | -€59,762 | -€53,495 | -€81,546 | -€78,117 | ▲ 4.2% |
| Income taxes67/77 | - | - | €7,264 | €16,462 | -€6,250 | ▼ 138% |
| Profit (loss) for the period9904 | -€62,500 | -€59,762 | -€60,759 | -€98,008 | -€71,867 | ▲ 26.7% |
| Profit (loss) for the period to be appropriated9905 | -€62,500 | -€59,762 | -€60,759 | -€98,008 | -€71,867 | ▲ 26.7% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €689,776 | €661,587 | €633,398 | €605,209 | €584,788 | ▼ 3.4% |
| Fixed assets21/28 | €689,776 | €661,587 | €633,398 | €605,209 | €577,020 | ▼ 4.7% |
| Tangible fixed assets22/27 | €689,776 | €661,587 | €633,398 | €605,209 | €577,020 | ▼ 4.7% |
| Current assets29/58 | - | - | - | - | €7,768 | - |
| Amounts receivable within one year40/41 | - | - | - | - | €7,768 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €689,776 | €661,587 | €633,398 | €605,209 | €584,788 | ▼ 3.4% |
| Equity10/15 | -€173,805 | -€233,567 | -€294,326 | -€392,333 | -€464,200 | ▼ 18.3% |
| Contributions10/11 | €348,290 | €348,290 | €348,290 | €348,290 | €348,290 | = |
| Reserves13 | €90,747 | €97,890 | €105,033 | €112,176 | €119,319 | ▲ 6.4% |
| Profit (loss) carried forward14 | -€716,999 | -€776,761 | -€837,520 | -€935,528 | -€1.0m | ▼ 7.7% |
| Amounts payable17/49 | €863,581 | €895,154 | €927,724 | €997,543 | €1.0m | ▲ 5.2% |
| Amounts payable after more than one year17 | €802,608 | €816,415 | €821,040 | €737,685 | €921,259 | ▲ 24.9% |
| Amounts payable within one year42/48 | €60,974 | €78,738 | €106,684 | €259,858 | €127,729 | ▼ 50.8% |
| Trade debts44 | €45,100 | €60,762 | €79,851 | €103,789 | €115,072 | ▲ 10.9% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,500 | -€59,762 | -€60,759 | -€98,008 | -€71,867 | ▲ 26.7% |
| + Depreciation and write-downs630 | €28,294 | €28,189 | €28,189 | €28,189 | €28,189 | = |
| Operating cash flow (approximation) | -€34,207 | -€31,573 | -€32,570 | -€69,819 | -€43,678 | ▲ 37.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
07-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 01-03-2022
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 188 days late
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 162 days late
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 177 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 543 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 908 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 1273 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 1637 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 2003 days late
2016
31-12
Financial
Weakest financial yearnet -€98,008
Net result drops to -€98,008, the lowest in the series.
28-11
Bankruptcy
Judicial dissolution and immediate closure
Rechtbank van koophandel Gent, afdeling Oudenaarde
2011
01-04
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 244 days late
2010
24-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 389 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Oudenaarde
Ground area
3,980 m²
Parcel 45503A0517/00C002, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45503A0517/00C002 | Flanders | 3,980 m² | - | - |
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 | ERIC FLAMéE EILAND 27, 9520 SINT-LIEVENS-
HOUTEM |
01-03-2022 → present |
Identification & contact
Identification
Legal formPublic limited company
Founded13-04-1993
Fiscal year end31-12
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.