VK COLLECTION
ActiveSummary
The computed 12-month bankruptcy probability of VK COLLECTION is 12.8% (high). For VK COLLECTION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (€-52k) and a net result of €-72k. Equity is shrinking by ~610.6% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-11
Solvency0▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
12.8%
High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-31.4%
Return on assets
-43.9%
Age of the figures
45 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-09-2023, 59 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
59 d late
2021
30 d late
2020
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-52k▼ 1,096%
2021 · €-4k
2020: €1k
2021: €-4k
2020 → 2022
Total assets
€165k▲ 222%
2021 · €51k
2020: €77k
2021: €51k
2020 → 2022
Net result
€-72k▼ 1,236%
2021 · €-5k
2020: €-4k
2021: €-5k
2020 → 2022
Working capital
€-43k▼ 895%
2021 · €-4k
2020: €1k
2021: €-4k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€1k-€-4k€-52k▼ 1,096%
Operating result€-4k-€-5k▼ 37.0%€-72k▼ 1,269%
Net result€-4k-€-5k▼ 38.8%€-72k▼ 1,236%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €72k in 2022 against €5k in 2021; the loss grows and 2022 has the lowest result in the available series.
Key figures and ratios
Solvency
-31.4%▼
2021 · -8.4%
Current ratio
0.79▼
2021 · 0.92
Quick ratio
0.04▼
2021 · 0.30
Debt to equity
-4.18▲
2021 · -12.84
ROA
-43.9%▼
2021 · -10.6%
Debt
€217k▲
2021 · €56k
Debt ≤ 1 year
€208k▲
2021 · €56k
Staff costs
€23k▲
2021 · €13k
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 · 35 lines
Balance sheet
Code20212022
Assets
Total assets20/58€51k€165k▲
Current assets29/58€51k€165k▲
Stocks and contracts in progress3€35k€156k▲
Stocks30/36€35k€156k▲
Amounts receivable within one year40/41€6k€6k=
Trade receivables40€2k€2k=
Other amounts receivable41€5k€5k=
Cash at bank and in hand54/58€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€51k€165k▲
Equity10/15€-4k€-52k▼
Contributions10/11€5k€5k=
Capital10€5k-
Issued capital100€5k-
Profit (loss) carried forward14€-9k€-57k▼
Amounts payable17/49€56k€217k▲
Amounts payable within one year42/48€56k€208k▲
Trade debts44€27k€157k▲
Suppliers440/4€27k€157k▲
Taxes, remuneration and social security45€18k€47k▲
Taxes450/3€5k€19k▲
Remuneration and social security454/9€13k€28k▲
Other amounts payable47/48€10k€5k▼
Accrued charges and deferred income492/3-€9k
Income statement
Code20212022
Remuneration, social security and pensions62€13k€23k▲
Other operating charges640/8€347€149▼
Gross operating margin9900€8k€-50k▼
Operating profit (loss)9901€-5k€-72k▼
Financial charges65/66B€140€153▲
Recurring financial charges65€140€153▲
Profit (loss) for the period before taxes9903€-5k€-72k▼
Profit (loss) for the period9904€-5k€-72k▼
Profit (loss) for the period to be appropriated9905€-5k€-72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-82k▼
Profit (loss) brought forward from the previous period14P€-4k€-9k▼
Shareholders' contribution to the loss794-€25k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Etterbeek
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Haernestraat 411040 EtterbeekGround area
94 m²
Parcel 21363B0470/00N010, Brussels. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0470/00N010 | Brussels | 93 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.