VIERENDEEL VINCENT
Open bankruptcyA bankruptcy procedure is open for VIERENDEEL VINCENT according to publications in the Belgian State Gazette; curator: STEFFI VANHULLE.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline23-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€-61k
2019 · €60k
2018: €103k
2019: €60k
2018 → 2020
Total assets
€650k▼ 17.2%
2019 · €785k
2018: €806k
2019: €785k
2018 → 2020
Net result
€-120k▼ 177%
2019 · €-43k
2018: €-81k
2019: €-43k
2018 → 2020
Working capital
€-128k▼ 80.4%
2019 · €-71k
2018: €-62k
2019: €-71k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€103k-€60k▼ 42.1%€-61k
Operating result€-64k-€-49k▲ 22.7%€-105k▼ 112%
Net result€-81k-€-43k▲ 46.6%€-120k▼ 177%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €105k in 2020 against €49k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €650k
Fixed assets
€133k▼ 32.0%
Current assets
€517k▼ 12.3%
Key figures and ratios
EBITDA
€-42k▼
2019 · €14k
Cash flow
€-58k▼
2019 · €20k
Solvency
-9.3%▼
2019 · 7.6%
Current ratio
0.80▼
2019 · 0.89
Quick ratio
0.62▼
2019 · 0.71
Debt / equity
-1.00▼
2019 · 1.07
ROA
-18.5%▼
2019 · -5.5%
Debt
€710k▼
2019 · €725k
Debt ≤ 1 year
€645k▼
2019 · €660k
Debt > 1 year
€60k▼
2019 · €64k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€785k€650k▼
Fixed assets21/28€195k€133k▼
Tangible fixed assets22/27€193k€131k▼
Financial fixed assets28€2k€2k=
Current assets29/58€589k€517k▼
Stocks and contracts in progress3€118k€118k=
Amounts receivable within one year40/41€289k€297k▲
Cash at bank and in hand54/58€21k€8k▼
Equity and liabilities
Total equity and liabilities10/49€785k€650k▼
Equity10/15€60k€-61k▼
Contributions10/11€84k€84k=
Reserves13€39k€39k=
Profit (loss) carried forward14€-64k€-184k▼
Amounts payable17/49€725k€710k▼
Amounts payable after more than one year17€64k€60k▼
Amounts payable within one year42/48€660k€645k▼
Trade debts44€243k€190k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€63k▼
Gross operating margin9900€330k€172k▼
Operating profit (loss)9901€-49k€-105k▼
Recurring financial income75€18k€7▼
Recurring financial charges65€12k€15k▲
Profit (loss) for the period before taxes9903€-43k€-120k▼
Profit (loss) for the period9904€-43k€-120k▼
Profit (loss) for the period to be appropriated9905€-43k€-120k▼
Timeline · acts, filings and financial milestones
2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · VIERENDEEL VINCENT BV GIETERIJSTRAAT 14, 1502. HALLE · event 17-05-2022
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-120k
Net result drops to €-120k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
04-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 | STEFFI VANHULLE PRIESTER DE L’EPEESTRAAT 4,
1200 BRUSSEL 20 |
17-05-2022 → present |