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VIRTEO

Bankruptcy closed Public limited companyKBO/BCE: BE 0820.802.419

Lifetime

11 annual accounts with figures on one time axis
peak €606,266 (2020)
€606,266▲ 57.1%
lowest -€1.0m (2019)
-€913,085▲ €127,755
peak €941,212 (2018)
-€107,615▼ €340,540
€1.7m▲ 19.3%
peak 10.6 FTE (2017)
10.4 FTE▲ 10.6%
Board15 names since 2015all names
1 director
Owners7 names in the annual accountsall names
12.99% and 3 others
Documentsfilings and deeds
25-06-202136 days before the deadline
2020abbreviated format
Gross margin from €385,878 to €606,266Loss of €913,085Staff from 9.4 FTE to 10.4 FTEAppointment: (director) 04-09Appointments: (day-to-day manager) and (director) 17-07Capital increase of €324,999.86 to €4,605,827.95 14-05

Key points

from the 2020 annual accounts, the last ones filed

Equity

-€107,615 from €941,212 in 2018

Equity fell below zero in 2020.

Debts

€1.7m 104% of the balance sheet
After one year 45%Within one year 55%

Of this, €947,983 falls due within a year.

Filings

11 annual accounts since 2010
AprilJune31 JulyOctober201020152020

The 2014 accounts came 26 days late. The other nine of the last ten were filed on time.

Board and ownership

last known board
Director, until 2021
  • 38.82%score equity €163,489 (2024) · 2024 annual accounts of
  • 12.99%score equity €3.0m (2026) · 07-02-2026 annual accounts of
  • 11.3%equity €107,216 (2025) · 27-02-2025 annual accounts of
and 1 other shareholderBoard & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Mechelen division · judgment of 08-06-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Mechelen division · judgment of 03-11-2021 · Bankruptcy
Reappointment: (statutory auditor) Permanent representative: · General meeting of 11-06-2021 · Gazette deed
Resignation: (director) Gazette deed
All 39 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 03-11-2021
Legal form
Public limited company
Activity
“Ontwerpen en programmeren van computerprogramma's;” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

≈ €1.4mestimated
€1.6m▼ 4.6%
Filing
Filed on 25-06-2021
Financials

Companies linked to VIRTEO

Shareholders

  • 0.85%

Insights on VIRTEO

Equity fell from €941,212 in 2018 to -€107,615 in 2020, while debts rose from €1.3m to €1.7m.

On 3 November 2021 the court declared VIRTEO bankrupt.

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 VIRTEO

What is the company number of VIRTEO?
The company number of VIRTEO is 0820.802.419. The VAT number is the same number with BE in front: BE 0820.802.419.
What is the legal form of VIRTEO?
VIRTEO is a public limited company (NV).
Is VIRTEO still active?
No. The bankruptcy of VIRTEO has been closed.Company details
How many employees did VIRTEO have?
VIRTEO had an average of 10.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of VIRTEO?
The turnover in financial year 2020 is ≈ €1.4m. This figure is estimated from the gross margin of €606,266 and 2,274 comparable companies of the same size. It probably lies between €860,000 and €2.4m. It is a rough estimate.
Is VIRTEO profitable?
In financial year 2020, VIRTEO made a loss of €913,085.
Where can I find the annual accounts of VIRTEO?
VIRTEO filed 11 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.