VIKA
Bankruptcy closedInactive since 23-05-2026; last annual accounts for fiscal year 2021.
Summary
VIKA was declared bankrupt on 20-07-2023 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed by liquidation by judgment of 18-05-2026, published in the Belgian State Gazette on 22-05-2026.
Signals
Two 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 31-12-2021 was due by 31-07-2022 and was filed on 12-10-2022, 73 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
73 d late
2020
29 d early
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide 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 How is the Full-service restaurants sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€33,116▼ 25.8%
2020 · €44,639
Total assets
€182,636▲ 79.2%
2020 · €101,944
Net result
-€11,523
2020 · €22,192
Working capital
-€39,089
2020 · €31,822
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€5,310-€28,906▲ 444%-€9,654
Net result€2,447-€22,192above the sector's middle half▲ 807%-€11,523below the sector's middle half
Equity€22,447-€44,639within the sector's middle half▲ 98.9%€33,116within the sector's middle half▼ 25.8%
Total assets€125,808-€101,944within the sector's middle half▼ 19.0%€182,636within the sector's middle half▲ 79.2%
Debt€103,362-€57,305▼ 44.6%€149,519▲ 161%
Working capital€21,961-€31,822above the sector's middle half▲ 44.9%-€39,089below the sector's middle half
Solvency17.8%-43.8%within the sector's middle half▲ 25.9pp18.1%within the sector's middle half▼ 25.7pp
Current ratio1.48-2.70above the sector's middle half▲ 1.220.61within the sector's middle half▼ 2.09
Return on assets (ROA)1.9%-21.8%above the sector's middle half▲ 19.8pp-6.3%below the sector's middle half▼ 28.1pp
Staff (FTE)0.7-1.9within the sector's middle half▲ 171%4.2▲ 121%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €9,654 after €28,906 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €182,636
Fixed assets
€122,095 ▲ 138%
Current assets
€60,540 ▲ 19.7%
Equity and liabilities €182,636
Equity
€33,116 ▼ 25.8%
Debt
€149,519 ▲ 161%
Debt's share of the balance-sheet total rises from 56.2% to 81.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€958
Cash flow
-€2,826
Quick ratio
0.55▼
2020 · 2.19
Debt to equity
4.51▲
2020 · 0.85
ROE
-34.8%▼
2020 · 49.7%
Interest coverage
-0.32
Debt ≤ 1 year
€99,629▲
2020 · €18,774
Debt > 1 year
€49,798▲
2020 · €38,076
Staff costs
€42,055
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €42,055 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,608 | - | €8,696 | - |
| Other operating charges640/8 | - | - | €4,653 | - |
| Gross operating margin9900 | €44,094 | €65,386 | €45,751 | ▼ 30.0% |
| Operating profit (loss)9901 | €5,310 | €28,906 | -€9,654 | ▼ 133% |
| Financial income75/76B | - | - | €1,151 | - |
| Recurring financial income75 | €3 | €20 | €1,151 | ▲ 5,802% |
| Financial charges65/66B | - | - | €3,019 | - |
| Recurring financial charges65 | €1,776 | €3,767 | €3,019 | ▼ 19.9% |
| Profit (loss) for the period before taxes9903 | €3,536 | €25,158 | -€11,523 | ▼ 146% |
| Income taxes67/77 | €1,090 | €2,965 | - | - |
| Profit (loss) for the period9904 | €2,447 | €22,192 | -€11,523 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €2,447 | €22,192 | -€11,523 | ▼ 152% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €125,808 | €101,944 | €182,636 | ▲ 79.2% |
| Fixed assets21/28 | €57,694 | €51,349 | €122,095 | ▲ 138% |
| Intangible fixed assets21 | €2,766 | €2,766 | €2,157 | ▼ 22.0% |
| Tangible fixed assets22/27 | €53,728 | €47,382 | €118,738 | ▲ 151% |
| Plant, machinery and equipment23 | - | - | €73,147 | - |
| Furniture and vehicles24 | - | - | €37,526 | - |
| Other tangible fixed assets26 | - | - | €8,066 | - |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | = |
| Current assets29/58 | €68,115 | €50,595 | €60,540 | ▲ 19.7% |
| Stocks and contracts in progress3 | €10,751 | €9,520 | €5,464 | ▼ 42.6% |
| Stocks30/36 | - | - | €5,464 | - |
| Amounts receivable within one year40/41 | €2,456 | €5,329 | €34,239 | ▲ 542% |
| Trade receivables40 | - | - | €31,839 | - |
| Other amounts receivable41 | - | - | €2,399 | - |
| Current investments50/53 | €5,233 | €5,222 | €5,210 | ▼ 0.2% |
| Cash at bank and in hand54/58 | €48,671 | €30,525 | €15,628 | ▼ 48.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €125,808 | €101,944 | €182,636 | ▲ 79.2% |
| Equity10/15 | €22,447 | €44,639 | €33,116 | ▼ 25.8% |
| Contributions10/11 | - | - | €20,000 | - |
| Reserves13 | €2,447 | €24,639 | €24,639 | = |
| Distributable reserves133 | - | - | €24,639 | - |
| Profit (loss) carried forward14 | - | - | -€11,523 | - |
| Amounts payable17/49 | €103,362 | €57,305 | €149,519 | ▲ 161% |
| Amounts payable after more than one year17 | €57,077 | €38,076 | €49,798 | ▲ 30.8% |
| Financial debts170/4 | - | - | €26,565 | - |
| Other amounts payable178/9 | - | - | €23,233 | - |
| Amounts payable within one year42/48 | €46,153 | €18,774 | €99,629 | ▲ 431% |
| Current portion of amounts payable after more than one year42 | - | - | €8,249 | - |
| Trade debts44 | €18,479 | €4,797 | €72,695 | ▲ 1,415% |
| Suppliers440/4 | - | - | €72,695 | - |
| Advances received on contracts in progress46 | - | - | €10,248 | - |
| Taxes, remuneration and social security45 | - | - | €7,077 | - |
| Taxes450/3 | - | - | €3,658 | - |
| Remuneration and social security454/9 | - | - | €3,419 | - |
| Other amounts payable47/48 | - | - | €1,361 | - |
| Accrued charges and deferred income492/3 | - | - | €92 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,447 | €22,192 | -€11,523 | ▼ 152% |
| + Depreciation and write-downs630 | €6,608 | - | €8,696 | - |
| Operating cash flow (approximation) | €9,055 | €22,192 | -€2,826 | ▼ 113% |
| Investment in fixed assets (approximation) | - | €6,345 | -€79,443 | ▼ 1,352% |
| Change in cash | - | -€18,146 | -€14,897 | ▲ 17.9% |
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
2026
22-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Brugge · event 18-05-2026
04-02
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Brugge · event 29-01-2026
2023
27-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 20-07-2023
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet -€11,523
Net result drops to -€11,523, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €22,192 ▲807%
Operating result €28,906, net result €22,192, both a record.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Oostende
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMMELINE MARREYT PRINSENLAAN 2,
8400 OOSTENDE |
20-07-2023 → 18-05-2026 |
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 9,573 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
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.