VIRTUAL PARK
BankruptcySummary
The KBO register records for VIRTUAL PARK the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €312,466 and a net result of €21,406.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
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.
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 ↗
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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○neutral
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 Are there other customers at risk in your own list?List enrichment How is the Other amusement and recreation activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21,406
2020 · -€227,616
Working capital
€91,625▼ 55.1%
2020 · €203,878
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation 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
Line2018201920202021
Operating result-€83,087-€45,100-€228,467€16,484
Net result-€98,643-€19,592-€227,616below the sector's middle half€21,406within the sector's middle half
Equity-€84,722--€59,057▲ 30.3%€240,714within the sector's middle half€312,466within the sector's middle half▲ 29.8%
Total assets€578,300-€684,477▲ 18.4%€967,755within the sector's middle half▲ 41.4%€1.1mwithin the sector's middle half▲ 16.2%
Debt€663,022-€743,534▲ 12.1%€727,042▼ 2.2%€812,241▲ 11.7%
Working capital-€133,449--€186,815▼ 40.0%€203,878within the sector's middle half€91,625within the sector's middle half▼ 55.1%
Solvency-14.7%--8.6%▲ 6.0pp24.9%within the sector's middle half▲ 33.5pp27.8%within the sector's middle half▲ 2.9pp
Current ratio0.28-0.36▲ 0.091.99within the sector's middle half▲ 1.631.30within the sector's middle half▼ 0.69
Return on assets (ROA)-17.1%-2.9%▲ 19.9pp-23.5%below the sector's middle half▼ 26.4pp1.9%within the sector's middle half▲ 25.4pp
Staff (FTE)2.7-9.8▲ 263%5.2within the sector's middle half▼ 46.9%4.8within the sector's middle half▼ 7.7%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €16,484 after a loss of €228,467 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.1m
Fixed assets
€729,795 ▲ 30.6%
Current assets
€394,912 ▼ 3.4%
Equity and liabilities €1.1m
Equity
€312,466 ▲ 29.8%
Debt
€812,241 ▲ 11.7%
Debt's share of the balance-sheet total falls from 75.1% to 72.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€109,488▲
2020 · -€139,853
Cash flow
€114,410▲
2020 · -€139,002
Debt to equity
2.60▲
2020 · 2.17
ROE
6.9%▲
2020 · -94.6%
Interest coverage
5.58
Debt ≤ 1 year
€303,287▲
2020 · €205,013
Debt > 1 year
€409,586▼
2020 · €522,029
Income taxes
€146
Staff costs
€75,559
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €75,559 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,733 | €76,496 | €88,614 | €93,004 | ▲ 5.0% |
| Other operating charges640/8 | - | - | - | €413 | - |
| Gross operating margin9900 | -€31,033 | €250,101 | -€36,013 | €185,460 | ▲ 615% |
| Operating profit (loss)9901 | -€83,087 | €45,100 | -€228,467 | €16,484 | ▲ 107% |
| Financial income75/76B | - | - | - | €24,674 | - |
| Recurring financial income75 | €100 | €18 | €24,654 | €24,674 | ▲ 0.1% |
| Financial charges65/66B | - | - | - | €19,607 | - |
| Recurring financial charges65 | €15,657 | €25,526 | €23,803 | €19,607 | ▼ 17.6% |
| Profit (loss) for the period before taxes9903 | -€98,643 | €19,592 | -€227,616 | €21,552 | ▲ 109% |
| Income taxes67/77 | - | - | - | €146 | - |
| Profit (loss) for the period9904 | -€98,643 | €19,592 | -€227,616 | €21,406 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | -€98,643 | €19,592 | -€227,616 | €21,406 | ▲ 109% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €578,300 | €684,477 | €967,755 | €1.1m | ▲ 16.2% |
| Formation expenses20 | €632 | €421 | €211 | €0 | ▼ 100% |
| Fixed assets21/28 | €526,326 | €577,562 | €558,654 | €729,795 | ▲ 30.6% |
| Intangible fixed assets21 | €12,981 | €37,301 | €25,748 | €142,758 | ▲ 454% |
| Tangible fixed assets22/27 | €513,100 | €540,016 | €532,661 | €441,376 | ▼ 17.1% |
| Plant, machinery and equipment23 | - | - | - | €429,396 | - |
| Furniture and vehicles24 | - | - | - | €11,980 | - |
| Financial fixed assets28 | €245 | €245 | €245 | €145,661 | ▲ 59,354% |
| Current assets29/58 | €51,343 | €106,494 | €408,891 | €394,912 | ▼ 3.4% |
| Amounts receivable within one year40/41 | €10,647 | €28,971 | €77,235 | €144,011 | ▲ 86.5% |
| Trade receivables40 | - | - | - | €134,771 | - |
| Other amounts receivable41 | - | - | - | €9,240 | - |
| Cash at bank and in hand54/58 | €40,696 | €77,523 | €331,656 | €250,901 | ▼ 24.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €578,300 | €684,477 | €967,755 | €1.1m | ▲ 16.2% |
| Equity10/15 | -€84,722 | -€59,057 | €240,714 | €312,466 | ▲ 29.8% |
| Contributions10/11 | €6,200 | €6,200 | €468,600 | €543,600 | ▲ 16.0% |
| Capital10 | - | - | - | €543,600 | - |
| Issued capital100 | - | - | - | €543,600 | - |
| Reserves13 | €386 | €386 | €386 | €386 | = |
| Non-distributable reserves130/1 | - | - | - | €386 | - |
| Legal reserve130 | - | - | - | €386 | - |
| Profit (loss) carried forward14 | -€91,308 | -€65,643 | -€293,259 | -€271,853 | ▲ 7.3% |
| Investment grants15 | - | - | - | €40,333 | - |
| Amounts payable17/49 | €663,022 | €743,534 | €727,042 | €812,241 | ▲ 11.7% |
| Amounts payable after more than one year17 | €478,230 | €450,225 | €522,029 | €409,586 | ▼ 21.5% |
| Financial debts170/4 | - | - | - | €409,586 | - |
| Amounts payable within one year42/48 | €184,792 | €293,309 | €205,013 | €303,287 | ▲ 47.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €145,630 | - |
| Trade debts44 | €22,715 | €14,214 | €5,559 | €78,950 | ▲ 1,320% |
| Suppliers440/4 | - | - | - | €78,950 | - |
| Advances received on contracts in progress46 | - | - | - | €700 | - |
| Taxes, remuneration and social security45 | - | - | - | €19,369 | - |
| Taxes450/3 | - | - | - | €589 | - |
| Remuneration and social security454/9 | - | - | - | €18,780 | - |
| Other amounts payable47/48 | - | - | - | €58,638 | - |
| Accrued charges and deferred income492/3 | - | - | - | €99,368 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€98,643 | €19,592 | -€227,616 | €21,406 | ▲ 109% |
| + Depreciation and write-downs630 | €32,733 | €76,496 | €88,614 | €93,004 | ▲ 5.0% |
| Operating cash flow (approximation) | -€65,910 | €96,089 | -€139,002 | €114,410 | ▲ 182% |
| Investment in fixed assets (approximation) | - | -€127,732 | -€69,705 | -€264,145 | ▼ 279% |
| Change in cash | - | €36,827 | €254,133 | -€80,755 | ▼ 132% |
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
2024
08-04
Judicial reorganisation
Extension of the stay refused
Tribunal de l’entreprise du Hainaut · collective agreement · event 03-04-2024
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 378 days late
04-10
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collective agreement · event 27-09-2023
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 378 days late
11-07
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 04-07-2023
2021
31-12
Financial
Back to profitnet €21,406
Net result €21,406 after one loss-making year.
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 144 days late
2020
31-12
Financial
Weakest financial yearnet -€227,616
Net result drops to -€227,616, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 1.99
Current ratio from 0.36 to 1.99; short-term debt falls from €293,309 to €205,013.
31-12
Financial
Equity above €200,000Eq €240,714
Equity rises from -€59,057 to €240,714.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Back to profitnet €19,592
Net result €19,592 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Mouscron · 1 establishment unit since 2017
Ground area
4,983 m²
Building footprint
1,075 m²
Parcel 54007B0635/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
VIRTUAL PARK
since 20172.259.909.067
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0635/00K000 | Wallonia | 4,983 m² | 1 · 1,075 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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
15.38%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 6,735 companies in sector 93299 we hold annual accounts for 1,169. 712 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
58290Other software publishing
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
77330Rental and leasing activities
Contact
Website
www.virtualpark.eu
E-mail
info@virtualpark.eu
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.