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VIVANOR GROUP

Open bankruptcy
Private limited company (pre-2019)founded 2008Rue de La Hulpe 105A, 1331 Rixensart, BelgiumKBO/BCE: BE 0899.003.225

A bankruptcy procedure is open for VIVANOR GROUP according to publications in the Belgian State Gazette; curator: ELEONORE DHEYGERE.

Summary

The 2022 annual accounts show equity of €16,069 and a net result of -€3,889.

VIVANOR GROUPOpen 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 Walloon Brabant
Declared bankrupt
12 September 2024
Supervising judge
Philippe Andrianne
Official Gazette
19-09-2024 (pdf) ↗search the document for 2024/134975

Deadlines

Appeal or third-party opposition until
passed on 4 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 24 October 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 12 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

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.Creditor guide for this company

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-06-2023, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
not filed
2022
42 d early
2021
142 d early
2020
29 d early
2019
69 d late
2018
309 d late
2017
139 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 51 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 41% of the sector filed late.

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 3 July 2008, VIVANOR GROUP was incorporated.1 Total assets went from EUR 89,435 in 2018 to EUR 47,372 in 2022.2 The company was declared bankrupt on 12 September 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 19-09-2024

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
€16,069▼ 19.5%
2021 · €19,958
Total assets
€47,372▼ 26.2%
2021 · €64,216
Net result
-€3,889▲ 45.9%
2021 · -€7,185
Working capital
€18,833▼ 22.1%
2021 · €24,173
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€9,040-€4,101▼ 54.6%€6,332▲ 54.4%-€3,552-€2,521▲ 29.0%
Net result€4,487-€407▼ 90.9%-€6,135within the sector's middle half-€7,185below the sector's middle half▼ 17.1%-€3,889below the sector's middle half▲ 45.9%
Equity€32,871-€33,278▲ 1.2%€27,143within the sector's middle half▼ 18.4%€19,958within the sector's middle half▼ 26.5%€16,069within the sector's middle half▼ 19.5%
Total assets€89,435-€130,880▲ 46.3%€90,371within the sector's middle half▼ 31.0%€64,216within the sector's middle half▼ 28.9%€47,372within the sector's middle half▼ 26.2%
Debt€56,564-€97,603▲ 72.6%€63,228▼ 35.2%€44,258▼ 30.0%€31,303▼ 29.3%
Working capital€30,502-€31,519▲ 3.3%€36,519within the sector's middle half▲ 15.9%€24,173within the sector's middle half▼ 33.8%€18,833within the sector's middle half▼ 22.1%
Solvency36.8%-25.4%▼ 11.3pp30.0%within the sector's middle half▲ 4.6pp31.1%within the sector's middle half▲ 1.0pp33.9%within the sector's middle half▲ 2.8pp
Current ratio1.54-1.32▼ 0.221.68within the sector's middle half▲ 0.361.61within the sector's middle half▼ 0.071.67within the sector's middle half▲ 0.05
Return on assets (ROA)5.0%-0.3%▼ 4.7pp-6.8%within the sector's middle half▼ 7.1pp-11.2%below the sector's middle half▼ 4.4pp-8.2%below the sector's middle half▲ 3.0pp
above within below the middle half (P25 to P75) of NACE 90, Arts creation and performing arts 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
-€10,000-€5,000€0€5,000€10,000Operating result 2018: €9,040€9,040Net result 2018: €4,487€4,487Operating result 2019: €4,101€4,101Net result 2019: €407€407Operating result 2020: €6,332€6,332Net result 2020: -€6,135-€6,135Operating result 2021: -€3,552-€3,552Net result 2021: -€7,185-€7,185Operating result 2022: -€2,521-€2,521Net result 2022: -€3,889-€3,88920182019202020212022-€10,000-€5,000€0€5,000Operating result 2020: €6,332€6,330Net result 2020: -€6,135-€6,130Operating result 2021: -€3,552-€3,550Net result 2021: -€7,185-€7,180Operating result 2022: -€2,521-€2,520Net result 2022: -€3,889-€3,890202020212022
The operating result stays negative: a loss of €2,521 in 2022 against €3,552 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €47,372
Fixed assets €236 ▼ 46.7%
Current assets €47,136 ▼ 26.1%
Equity and liabilities €47,372
Equity €16,069 ▼ 19.5%
Debt €31,303 ▼ 29.3%
Debt's share of the balance-sheet total falls from 68.9% to 66.1%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€2,315▲
2021 · -€3,088
Cash flow
-€3,683▲
2021 · -€6,721
Debt to equity
1.95▲
2021 · 0.23
ROE
-24.2%▲
2021 · -36.0%
Interest coverage
-0.69
Debt ≤ 1 year
€28,303▼
2021 · €39,600
Income taxes
€597▲
2021 · €181
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 · 45 lines
Balance sheet Code20212022
Assets
Total assets20/58€64,216€47,372▼
Fixed assets21/28€442€236▼
Tangible fixed assets22/27€442€236▼
Furniture and vehicles24-€236
Current assets29/58€63,774€47,136▼
Amounts receivable within one year40/41€32,124€25,092▼
Trade receivables40-€20,455
Other amounts receivable41-€4,638
Current investments50/53€2,433€999▼
Cash at bank and in hand54/58€28,901€20,436▼
Deferred charges and accrued income490/1-€609
Equity and liabilities
Total equity and liabilities10/49€64,216€47,372▼
Equity10/15€19,958€16,069▼
Contributions10/11-€18,600
Reserves13€1,860€1,860=
Distributable reserves133-€1,860
Profit (loss) carried forward14-€502-€4,391▼
Amounts payable17/49€44,258€31,303▼
Amounts payable after more than one year17€4,657-
Amounts payable within one year42/48€39,600€28,303▼
Current portion of amounts payable after more than one year42-€4,657
Financial debts43-€4,884
Credit institutions430/8-€4,884
Trade debts44€24,324€11,668▼
Suppliers440/4-€11,668
Taxes, remuneration and social security45-€2,296
Taxes450/3-€596
Remuneration and social security454/9-€1,700
Other amounts payable47/48-€4,797
Accrued charges and deferred income492/3-€3,000
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€464€206▼
Other operating charges640/8-€5,641
Non-recurring operating charges66A-€2,996
Gross operating margin9900-€385€6,323▲
Operating profit (loss)9901-€3,552-€2,521▲
Financial income75/76B-€2,571
Recurring financial income75€532€2,571▲
Financial charges65/66B-€3,341
Recurring financial charges65€3,984€3,341▼
Profit (loss) for the period before taxes9903-€7,004-€3,292▲
Income taxes67/77€181€597▲
Profit (loss) for the period9904-€7,185-€3,889▲
Profit (loss) for the period to be appropriated9905-€7,185-€3,889▲
Appropriation of the result
Profit (loss) to be appropriated9906--€4,391
Profit (loss) brought forward from the previous period14P--€502

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,184€1,472€1,472€464€206▼ 55.5%
Other operating charges640/8----€5,641-
Non-recurring operating charges66A----€2,996-
Gross operating margin9900€29,291€27,394€8,611-€385€6,323▲ 1,741%
Operating profit (loss)9901€9,040€4,101€6,332-€3,552-€2,521▲ 29.0%
Financial income75/76B----€2,571-
Recurring financial income75-€2€291€532€2,571▲ 384%
Financial charges65/66B----€3,341-
Recurring financial charges65€2,444€2,345€12,552€3,984€3,341▼ 16.1%
Profit (loss) for the period before taxes9903€6,595€1,759-€5,929-€7,004-€3,292▲ 53.0%
Income taxes67/77€2,109€1,352€206€181€597▲ 231%
Profit (loss) for the period9904€4,487€407-€6,135-€7,185-€3,889▲ 45.9%
Profit (loss) for the period to be appropriated9905€4,487€407-€6,135-€7,185-€3,889▲ 45.9%
Line20182019202020212022Change
Assets
Total assets20/58€89,435€130,880€90,371€64,216€47,372▼ 26.2%
Fixed assets21/28€2,369€1,759€287€442€236▼ 46.7%
Intangible fixed assets21€607€303----
Tangible fixed assets22/27€1,762€1,455€287€442€236▼ 46.7%
Furniture and vehicles24----€236-
Current assets29/58€87,066€129,122€90,084€63,774€47,136▼ 26.1%
Amounts receivable within one year40/41€61,569€119,115€66,639€32,124€25,092▼ 21.9%
Trade receivables40----€20,455-
Other amounts receivable41----€4,638-
Current investments50/53--€6,000€2,433€999▼ 59.0%
Cash at bank and in hand54/58€23,528€9,075€16,289€28,901€20,436▼ 29.3%
Deferred charges and accrued income490/1----€609-
Equity and liabilities
Total equity and liabilities10/49€89,435€130,880€90,371€64,216€47,372▼ 26.2%
Equity10/15€32,871€33,278€27,143€19,958€16,069▼ 19.5%
Contributions10/11€18,600€18,600--€18,600-
Reserves13€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133----€1,860-
Profit (loss) carried forward14€12,411€12,818€6,683-€502-€4,391▼ 775%
Amounts payable17/49€56,564€97,603€63,228€44,258€31,303▼ 29.3%
Amounts payable after more than one year17--€9,664€4,657--
Amounts payable within one year42/48€56,564€97,603€53,565€39,600€28,303▼ 28.5%
Current portion of amounts payable after more than one year42----€4,657-
Financial debts43----€4,884-
Credit institutions430/8----€4,884-
Trade debts44€31,582€78,778€37,592€24,324€11,668▼ 52.0%
Suppliers440/4----€11,668-
Taxes, remuneration and social security45----€2,296-
Taxes450/3----€596-
Remuneration and social security454/9----€1,700-
Other amounts payable47/48----€4,797-
Accrued charges and deferred income492/3----€3,000-
Line20182019202020212022Change
Profit (loss) for the period9904€4,487€407-€6,135-€7,185-€3,889▲ 45.9%
+ Depreciation and write-downs630€1,184€1,472€1,472€464€206▼ 55.5%
Operating cash flow (approximation)€5,671€1,878-€4,663-€6,721-€3,683▲ 45.2%
Investment in fixed assets (approximation)--€862€0-€619€0▲ 100%
Change in cash--€14,453€7,214€12,612-€8,464▼ 167%

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

2024
19-09
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 12-09-2024
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€7,185
Net result drops to -€7,185, the lowest in the series.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
04-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 309 days late
2018
17-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 139 days late
2017
20-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
2016
12-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 43 days late
2015
22-09
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 53 days late
2014
27-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1,820 m²
Building footprint
286 m²
Volume, LiDAR
979 m³
2 parcels, Wallonia · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VIVANOR GROUP
Rue de La Hulpe 105, 1331 RixensartPrinting and reproduction of recorded media
since 20082.171.988.069
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25092B0380/00L000 Wallonia 1,383 m² 1 · 154 m² -
25092B0379/00C002 Wallonia 437 m² 1 · 132 m² 12.9 m · 2 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 ELEONORE DHEYGERE
Rue De Charleroi 2, 1400 Nivelles
12-09-2024 → present

Similar companies · same sector, comparable size

Of 641 companies in this sector we hold annual accounts for 227. 81 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-2008
Fiscal year end31-12
Abbreviation FR VIVANOR
Activities, NACEBEL 2025
90312Arts creation and performing arts activities
82100Office administrative and support services
82200Office administrative, office support and other business support activities
90120Visual arts creation
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 30 September 2026 · Peppol Directory

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