VLAMEX
Open bankruptcyA bankruptcy procedure is open for VLAMEX according to publications in the Belgian State Gazette; curator: DIRK LEROUX.
Summary
The 2016 annual accounts show equity of €48k and a net result of €349.
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 31-12-2016 was due by 31-07-2017 and was filed on 29-09-2017, 60 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 confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, micro schema
Equity
€48k▲ 0.7%
2015 · €48k
2012: €61k
2013: €47k
2014: €48k
2015: €48k
2012 → 2016
Total assets
€666k▲ 76.4%
2015 · €378k
2012: €167k
2013: €135k
2014: €155k
2015: €378k
2012 → 2016
Net result
€349▼ 26.2%
2015 · €472
2012: €103k
2013: €-13k
2014: €291
2015: €472
2012 → 2016
Working capital
€87k▲ 0.7%
2015 · €86k
2012: €101k
2013: €88k
2014: €85k
2015: €86k
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20122013201420152016Trend
Equity€61k-€47k▼ 22.0%€48k▲ 0.6%€48k▲ 1.0%€48k▲ 0.7%
Operating result€103k-€-13k€652€648▼ 0.5%€923▲ 42.3%
Net result€103k-€-13k€291€472▲ 62.2%€349▼ 26.2%
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 recovers in 2016; 2016 is 42% above 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €666k
Fixed assets
€3k ▼ 6.1%
Current assets
€663k ▲ 77.1%
Equity and liabilities €666k
Equity
€48k ▲ 0.7%
Debt
€618k ▲ 87.4%
Debt's share of the balance-sheet total rises from 87.3% to 92.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▲
2015 · €2k
Cash flow
€2k▲
2015 · €2k
Current ratio
1.15▼
2015 · 1.30
Debt to equity
0.86▼
2015 · 0.87
ROE
0.7%▼
2015 · 1.0%
ROA
0.1%▼
2015 · 0.1%
Debt ≤ 1 year
€576k▲
2015 · €288k
Debt > 1 year
€42k=
2015 · €42k
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 · 2016 against 2015 · 22 lines
Balance sheet
Code20152016
Assets
Total assets20/58€378k€666k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Current assets29/58€374k€663k▲
Amounts receivable within one year40/41€341k€449k▲
Cash at bank and in hand54/58€1k€21k▲
Equity and liabilities
Total equity and liabilities10/49€378k€666k▲
Equity10/15€48k€48k▲
Contributions10/11€85k€85k=
Profit (loss) carried forward14€-37k€-37k▲
Amounts payable17/49€330k€618k▲
Amounts payable after more than one year17€42k€42k=
Amounts payable within one year42/48€288k€576k▲
Trade debts44€87k€282k▲
Income statement
Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Gross operating margin9900€143k€240k▲
Operating profit (loss)9901€648€923▲
Recurring financial income75€0€3▲
Recurring financial charges65€176€577▲
Profit (loss) for the period before taxes9903€472€349▼
Profit (loss) for the period9904€472€349▼
Profit (loss) for the period to be appropriated9905€472€349▼
Timeline · acts, filings and financial milestones
2022
28-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · VLAMEX NV KONING ALBERT- STRAAT 6, 9900 EEKLO · event 22-11-2022
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Back to profitnet €291
Net result €291 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
31-12
Financial
Weakest financial yearnet €-13k ▼113%
Net result drops to €-13k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 22 days late
2012
16-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
29-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
24-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 24 days late
2009
31-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
02-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Eeklo · 1 establishment unit since 2004
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.
Koning Albertstraat 69900 EekloGround area
7,479 m²
Building footprint
2,968 m²
Volume, LiDAR
14,487 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vlamex
since 20042.142.267.368
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005D0804/00Z000 | Flanders | 7,417 m² | 1 · 2,899 m² | 9.2 m · 2 fl. |
| 43352E1347/00C000 | Flanders | 62 m² | 1 · 69 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 | DIRK LEROUX KORTRIJKSESTEENWEG 964, 9000 GENT- |
22-11-2022 → present |
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Of 520 companies in sector 59114 we hold annual accounts for 245. 181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
59114Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.