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Violette-Vert

Open bankruptcy
Private limited companyfounded 2021Groentemarkt 10, 9160 Lokeren, BelgiumKBO/BCE: BE 0773.624.092
Summary

A bankruptcy procedure is open for Violette-Vert according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €98,821 and a net result of €117,527.

Violette-VertOpen bankruptcy

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, Dendermonde division
Declared bankrupt
18 December 2023
Supervising judge
Serge Pycke
Official Gazette
22-12-2023 (pdf) ↗search the document for 2023/149193

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 September 2021, Violette-Vert was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2 The company was declared bankrupt on 18 December 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 22-12-2023

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€98,821
2021 · -€18,706
Total assets
€254,342▲ 250%
2021 · €72,676
Net result
€117,527
2021 · -€23,706
Working capital
-€2,895▲ 96.3%
2021 · -€78,853
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
Line20212022
Operating result-€22,584-€147,509
Net result-€23,706-€117,527
Equity-€18,706-€98,821
Total assets€72,676-€254,342▲ 250%
Debt€91,382-€155,521▲ 70.2%
Working capital-€78,853--€2,895▲ 96.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2021: -€22,584-€22,584Net result 2021: -€23,706-€23,706Operating result 2022: €147,509€147,509Net result 2022: €117,527€117,52720212022-€50,000€0€50,000€100,000€150,000Operating result 2021: -€22,584-€22,600Net result 2021: -€23,706-€23,700Operating result 2022: €147,509€148,000Net result 2022: €117,527€118,00020212022
The operating result returns to profit in 2022: €147,509 after a loss of €22,584 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €254,342
Fixed assets €101,716 ▲ 60.3%
Current assets €152,626 ▲ 1,557%
Equity and liabilities €254,342
Equity €98,821
Debt €155,521
Debt finances 61.1% of the balance-sheet total.
Key figures and ratios
2022 value · change against 2021
EBITDA
€169,459▲
2021 · -€22,218
Cash flow
€139,477▲
2021 · -€23,340
Current ratio
0.98▲
2021 · 0.10
Quick ratio
0.93▲
2021 · 0.08
Debt to equity
1.57▲
2021 · -4.89
ROE
118.9%
ROA
46.2%▲
2021 · -32.6%
Interest coverage
25.87▲
2021 · -19.81
Debt ≤ 1 year
€155,521▲
2021 · €88,066
Income taxes
€23,459
Staff costs
€191,034▲
2021 · €1,672
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€72,676€254,342▲
Fixed assets21/28€63,464€101,716▲
Tangible fixed assets22/27€63,464€101,716▲
Land and buildings22€25,825€47,956▲
Plant, machinery and equipment23€28,539€44,124▲
Furniture and vehicles24€9,100€9,636▲
Current assets29/58€9,212€152,626▲
Stocks and contracts in progress3€2,138€7,512▲
Stocks30/36€2,138€7,512▲
Amounts receivable within one year40/41€6,521€7,527▲
Trade receivables40€6,521€7,527▲
Cash at bank and in hand54/58€554€100,147▲
Deferred charges and accrued income490/1-€37,440
Equity and liabilities
Total equity and liabilities10/49€72,676€254,342▲
Equity10/15-€18,706€98,821▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€23,706€93,821▲
Amounts payable17/49€91,382€155,521▲
Amounts payable within one year42/48€88,066€155,521▲
Current portion of amounts payable after more than one year42€10,000€39,211▲
Financial debts43€16,190€12,500▼
Credit institutions430/8€16,190-
Other loans439-€12,500
Trade debts44€41,557€4,801▼
Suppliers440/4€41,557€4,801▼
Taxes, remuneration and social security45€2,576€87,424▲
Taxes450/3€2,576€87,424▲
Other amounts payable47/48€17,742€11,585▼
Accrued charges and deferred income492/3€3,316-
Income statement Code20212022
Remuneration, social security and pensions62€1,672€191,034▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366€21,950▲
Other operating charges640/8€73€966▲
Gross operating margin9900-€20,474€361,459▲
Operating profit (loss)9901-€22,584€147,509▲
Financial income75/76B-€28
Recurring financial income75-€28
Financial charges65/66B€1,122€6,551▲
Recurring financial charges65€1,122€6,551▲
Profit (loss) for the period before taxes9903-€23,706€140,986▲
Income taxes67/77-€23,459
Profit (loss) for the period9904-€23,706€117,527▲
Profit (loss) for the period to be appropriated9905-€23,706€117,527▲
Appropriation of the result
Profit (loss) to be appropriated9906-€23,706€93,821▲
Profit (loss) brought forward from the previous period14P--€23,706

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Remuneration, social security and pensions62€1,672€191,034▲ 11,327%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366€21,950▲ 5,895%
Other operating charges640/8€73€966▲ 1,232%
Gross operating margin9900-€20,474€361,459▲ 1,865%
Operating profit (loss)9901-€22,584€147,509▲ 753%
Financial income75/76B-€28-
Recurring financial income75-€28-
Financial charges65/66B€1,122€6,551▲ 484%
Recurring financial charges65€1,122€6,551▲ 484%
Profit (loss) for the period before taxes9903-€23,706€140,986▲ 695%
Income taxes67/77-€23,459-
Profit (loss) for the period9904-€23,706€117,527▲ 596%
Profit (loss) for the period to be appropriated9905-€23,706€117,527▲ 596%
Line20212022Change
Assets
Total assets20/58€72,676€254,342▲ 250%
Fixed assets21/28€63,464€101,716▲ 60.3%
Tangible fixed assets22/27€63,464€101,716▲ 60.3%
Land and buildings22€25,825€47,956▲ 85.7%
Plant, machinery and equipment23€28,539€44,124▲ 54.6%
Furniture and vehicles24€9,100€9,636▲ 5.9%
Current assets29/58€9,212€152,626▲ 1,557%
Stocks and contracts in progress3€2,138€7,512▲ 251%
Stocks30/36€2,138€7,512▲ 251%
Amounts receivable within one year40/41€6,521€7,527▲ 15.4%
Trade receivables40€6,521€7,527▲ 15.4%
Cash at bank and in hand54/58€554€100,147▲ 17,985%
Deferred charges and accrued income490/1-€37,440-
Equity and liabilities
Total equity and liabilities10/49€72,676€254,342▲ 250%
Equity10/15-€18,706€98,821▲ 628%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€23,706€93,821▲ 496%
Amounts payable17/49€91,382€155,521▲ 70.2%
Amounts payable within one year42/48€88,066€155,521▲ 76.6%
Current portion of amounts payable after more than one year42€10,000€39,211▲ 292%
Financial debts43€16,190€12,500▼ 22.8%
Credit institutions430/8€16,190--
Other loans439-€12,500-
Trade debts44€41,557€4,801▼ 88.4%
Suppliers440/4€41,557€4,801▼ 88.4%
Taxes, remuneration and social security45€2,576€87,424▲ 3,293%
Taxes450/3€2,576€87,424▲ 3,293%
Other amounts payable47/48€17,742€11,585▼ 34.7%
Accrued charges and deferred income492/3€3,316--
Line20212022Change
Profit (loss) for the period9904-€23,706€117,527▲ 596%
+ Depreciation and write-downs630€366€21,950▲ 5,895%
Operating cash flow (approximation)-€23,340€139,477▲ 698%
Investment in fixed assets (approximation)--€60,202-
Change in cash-€99,593-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
22-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 18-12-2023
11-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
31-12
Financial Back to profitnet €117,527
Net result €117,527 after one loss-making year.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Lokeren · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
247 m²
Building footprint
160 m²
Volume, LiDAR
1,273 m³
Parcel 46384E0160/00B000, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Violette-Vert
Groentemarkt 10, 9160 LokerenAgents in the wholesale of textiles, clothing, fur, footwear and leather goods
since 20212.322.900.768
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46384E0160/00B000
ProtectedMonument · Townscape or village viewBurgerhuis in rococoSource ↗
Flanders 247 m² 1 · 160 m² 14.4 m · 2 fl.
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

2 mandates
Role Name Tenure
Curator ANNE-MARIE LAUREYS
ROOMSTRAAT 40, 9160 LOKEREN
18-12-2023 → present
Curator MARIE-LAURE DE SMEDT
ROOMSTRAAT 40, 9160 LOKEREN-
18-12-2023 → present

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2023 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 9,586 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
Founded07-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47791Retail sale of antiques
55100Hotels and similar accommodation
55209Other holiday and short-stay accommodation

Scores and ratios are computed by Checked and are not a credit decision.