VIVAN
Open bankruptcyA bankruptcy procedure is open for VIVAN according to publications in the Belgian State Gazette; curator: ILSE ROOX.
Summary
The 2022 annual accounts show negative equity (€-10k) and a net result of €-2k.
Signals
Three 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 30-06-2022 was due by 31-01-2023 and was filed on 28-02-2023, 28 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
28 d late
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-10k▼ 25.8%
2021 · €-8k
2019: €-16klowest in 4 years
2020: €650▲ +104% vs 2019highest in 4 years
2021: €-8k▼ -1277% vs 2020
2022: €-10k▼ -25.8% vs 2021
2019 → 2022
Total assets
€4k▼ 77.0%
2021 · €16k
2019: €14k
2020: €25k▲ +79.7% vs 2019highest in 4 years
2021: €16k▼ -37.4% vs 2020
2022: €4k▼ -77.0% vs 2021lowest in 4 years
2019 → 2022
Net result
€-2k▲ 80.8%
2021 · €-10k
2019: €-4k
2020: €5k▲ +233% vs 2019highest in 4 years
2021: €-10k▼ -302% vs 2020lowest in 4 years
2022: €-2k▲ +80.8% vs 2021
2019 → 2022
Working capital
€-12k▼ 8.7%
2021 · €-11k
2019: €-28klowest in 4 years
2020: €-10k▲ +63.7% vs 2019highest in 4 years
2021: €-11k▼ -4.7% vs 2020
2022: €-12k▼ -8.7% vs 2021
2019 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-16k-€650€-8k€-10k▼ 25.8%
2019: €-16klowest in 4 years
2020: €650▲ +104% vs 2019highest in 4 years
2021: €-8k▼ -1277% vs 2020
2022: €-10k▼ -25.8% vs 2021
Operating result€-4k-€5k€-10k€-2k▲ 80.7%
2019: €-4k
2020: €5k▲ +242% vs 2019highest in 4 years
2021: €-10k▼ -295% vs 2020lowest in 4 years
2022: €-2k▲ +80.7% vs 2021
Net result€-4k-€5k€-10k€-2k▲ 80.8%
2019: €-4k
2020: €5k▲ +233% vs 2019highest in 4 years
2021: €-10k▼ -302% vs 2020lowest in 4 years
2022: €-2k▲ +80.8% vs 2021
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2022 against €10k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €4k
Fixed assets
€2k ▼ 34.4%
Current assets
€2k ▼ 87.5%
Key figures and ratios
EBITDA
€-929▲
2021 · €-5k
Cash flow
€-929▲
2021 · €-5k
Debt
€13k▼
2021 · €23k
Debt ≤ 1 year
€13k▼
2021 · €23k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 30 lines
Balance sheet
Code20212022
Assets
Total assets20/58€16k€4k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€2k
Current assets29/58€12k€2k▼
Amounts receivable within one year40/41€2k€2k=
Other amounts receivable41-€2k
Cash at bank and in hand54/58€11k-
Equity and liabilities
Total equity and liabilities10/49€16k€4k▼
Equity10/15€-8k€-10k▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€13k€13k=
Non-distributable reserves130/1-€13k
Reserves not available under the articles1311-€13k
Profit (loss) carried forward14€-39k€-41k▼
Amounts payable17/49€23k€13k▼
Amounts payable within one year42/48€23k€13k▼
Other amounts payable47/48-€13k
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€1k▼
Other operating charges640/8-€123
Gross operating margin9900€-5k€-806▲
Operating profit (loss)9901€-10k€-2k▲
Recurring financial charges65€77-
Profit (loss) for the period before taxes9903€-10k€-2k▲
Profit (loss) for the period9904€-10k€-2k▲
Profit (loss) for the period to be appropriated9905€-10k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-41k
Profit (loss) brought forward from the previous period14P-€-39k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €7k | €5k | €1k | ▼ 80.6% |
| Other operating charges640/8 | - | - | - | €123 | - |
| Gross operating margin9900 | €14k | €12k | €-5k | €-806 | ▲ 83.1% |
| Operating profit (loss)9901 | €-4k | €5k | €-10k | €-2k | ▲ 80.7% |
| Recurring financial charges65 | €139 | €139 | €77 | - | - |
| Profit (loss) for the period before taxes9903 | €-4k | €5k | €-10k | €-2k | ▲ 80.8% |
| Profit (loss) for the period9904 | €-4k | €5k | €-10k | €-2k | ▲ 80.8% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €5k | €-10k | €-2k | ▲ 80.8% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €14k | €25k | €16k | €4k | ▼ 77.0% |
| Fixed assets21/28 | €13k | €11k | €3k | €2k | ▼ 34.4% |
| Tangible fixed assets22/27 | €10k | €8k | €3k | €2k | ▼ 34.4% |
| Plant, machinery and equipment23 | - | - | - | €2k | - |
| Financial fixed assets28 | €2k | €2k | - | - | - |
| Current assets29/58 | €1k | €14k | €12k | €2k | ▼ 87.5% |
| Amounts receivable within one year40/41 | - | €446 | €2k | €2k | = |
| Other amounts receivable41 | - | - | - | €2k | - |
| Cash at bank and in hand54/58 | €1k | €13k | €11k | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €14k | €25k | €16k | €4k | ▼ 77.0% |
| Equity10/15 | €-16k | €650 | €-8k | €-10k | ▼ 25.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | = |
| Capital10 | - | - | - | €19k | - |
| Issued capital100 | - | - | - | €19k | - |
| Reserves13 | - | €11k | €13k | €13k | = |
| Non-distributable reserves130/1 | - | - | - | €13k | - |
| Reserves not available under the articles1311 | - | - | - | €13k | - |
| Profit (loss) carried forward14 | €-34k | €-29k | €-39k | €-41k | ▼ 5.0% |
| Amounts payable17/49 | €29k | €24k | €23k | €13k | ▼ 43.1% |
| Amounts payable within one year42/48 | €29k | €24k | €23k | €13k | ▼ 43.1% |
| Trade debts44 | €3k | €373 | - | - | - |
| Other amounts payable47/48 | - | - | - | €13k | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €5k | €-10k | €-2k | ▲ 80.8% |
| + Depreciation and write-downs630 | €5k | €7k | €5k | €1k | ▼ 80.6% |
| Operating cash flow (approximation) | €1k | €12k | €-5k | €-929 | ▲ 81.1% |
| Investment in fixed assets (approximation) | - | €-5k | €2k | €0 | ▼ 100% |
| Change in cash | - | €12k | €-3k | - | - |
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
26-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 20-06-2024
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Hasselt · 1 establishment unit since 2003
Ground area
8,194 m²
Building footprint
1,813 m²
Volume, LiDAR
18,001 m³
2 parcels, Flanders · tallest building 20.9 m, ±4 floors. Linked by address, not a title deed.
181
companies at this address
See who is registered here
1 establishment unit
VIVAN
since 20032.136.440.044
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71326F0010/00C003 | Flanders | 5,413 m² | 1 · 1,479 m² | 20.9 m · 4 fl. |
| 71443F0049/00K000 | Flanders | 2,781 m² | 1 · 334 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE ROOX HASSALUTHDREEF 12B BUS 2,
3500 HASSELT |
20-06-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-05-2003
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.