VLAK
InactiveVLAK was declared bankrupt on 16-09-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 31-03-2026, published in the Belgian State Gazette on 08-04-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-08-2020, 31 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Turnover
€469k▲ 4.0%
2018 · €451k
2018: €451k
2018 → 2019
EBIT margin
3.1%▼ 1.6pp
2018 · 4.7%
2018: 4.7%
2018 → 2019
Net result
€11k▼ 42.8%
2018 · €19k
2018: €19k
2018 → 2019
Working capital
€50k▼ 13.4%
2018 · €58k
2018: €58k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€451k-€469k▲ 4.0%
Equity€59k-€70k▲ 18.2%
Operating result€21k-€15k▼ 31.0%
Net result€19k-€11k▼ 42.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 31% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €191k
Fixed assets
€19k▲ 2,147%
Current assets
€172k▼ 9.9%
Equity and liabilities €191k
Equity
€70k▲ 18.2%
Debt
€122k▼ 8.3%
The debt ratio falls from 69.2% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2018 · €25k
Cash flow
€14k▼
2018 · €23k
Solvency
36.4%▲
2018 · 30.8%
Current ratio
1.41▼
2018 · 1.44
Quick ratio
1.41▼
2018 · 1.44
ROE
15.4%▼
2018 · 31.9%
ROA
5.6%▼
2018 · 9.8%
Debt
€122k▼
2018 · €133k
Debt ≤ 1 year
€122k▼
2018 · €133k
Income taxes
€4k▼
2018 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€192k€191k▼
Fixed assets21/28€863€19k▲
Tangible fixed assets22/27€863€19k▲
Current assets29/58€191k€172k▼
Amounts receivable within one year40/41€179k€161k▼
Cash at bank and in hand54/58€11k€11k▼
Equity and liabilities
Total equity and liabilities10/49€192k€191k▼
Equity10/15€59k€70k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€38k€49k▲
Amounts payable17/49€133k€122k▼
Amounts payable within one year42/48€133k€122k▼
Trade debts44€120k€109k▼
Income statement
Code20182019
Turnover70€451k€469k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Gross operating margin9900€30k€27k▼
Operating profit (loss)9901€21k€15k▼
Recurring financial income75€3k€1▼
Recurring financial charges65€473€203▼
Profit (loss) for the period before taxes9903€24k€14k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€19k€11k▼
Profit (loss) for the period to be appropriated9905€19k€11k▼
Timeline · acts, filings and financial milestones
2026
08-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VLAK BV CAMILLE HUYSMANSLAAN 5/18, 2020 ANTWERPEN 2 · event 31-03-2026
2021
29-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VLAK BV CAMILLE HUYSMANSLAAN 5/18, 2020 ANTWERPEN 2 · event 16-09-2021
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VALèRE VEREECKE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
16-09-2021 → present |