VLEMCO
InactiveVLEMCO was declared bankrupt on 18-04-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 22-05-2025, published in the Belgian State Gazette on 02-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
3 d early
2020
52 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-169k
2021 · €215k
2018: €555k
2019: €232k
2020: €224k
2021: €215k
2018 → 2022
Total assets
€75k▼ 83.3%
2021 · €450k
2018: €862k
2019: €460k
2020: €450k
2021: €450k
2018 → 2022
Net result
€-384k▼ 4,117%
2021 · €-9k
2018: €76k
2019: €-323k
2020: €-8k
2021: €-9k
2018 → 2022
Working capital
€-106k▼ 1.8%
2021 · €-104k
2018: €-295k
2019: €-162k
2020: €-137k
2021: €-104k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€555k-€232k▼ 58.2%€224k▼ 3.4%€215k▼ 4.1%€-169k
Operating result€116k-€116k▲ 0.5%€-2k€-2k▲ 9.3%€-2k▲ 26.8%
Net result€76k-€-323k€-8k▲ 97.6%€-9k▼ 15.8%€-384k▼ 4,117%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2022 against €2k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €75k
Fixed assets
€75k▼ 83.3%
Current assets
€331▼ 8.7%
Key figures and ratios
Solvency
-224.2%▼
2021 · 47.8%
Current ratio
0.00▼
2021 · 0.00
Quick ratio
0.00▼
2021 · 0.00
Debt / equity
-1.45▼
2021 · 1.09
ROA
-509.7%▼
2021 · -2.0%
Debt
€244k▲
2021 · €235k
Debt ≤ 1 year
€106k▲
2021 · €104k
Debt > 1 year
€138k▲
2021 · €131k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€450k€75k▼
Fixed assets21/28€450k€75k▼
Financial fixed assets28€450k€75k▼
Current assets29/58€362€331▼
Amounts receivable within one year40/41€338€78▼
Other amounts receivable41€338€78▼
Cash at bank and in hand54/58€24€253▲
Equity and liabilities
Total equity and liabilities10/49€450k€75k▼
Equity10/15€215k€-169k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€20k€20k=
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Profit (loss) carried forward14€95k€-289k▼
Amounts payable17/49€235k€244k▲
Amounts payable after more than one year17€131k€138k▲
Other amounts payable178/9€131k€138k▲
Amounts payable within one year42/48€104k€106k▲
Trade debts44€160-
Suppliers440/4€160-
Other amounts payable47/48€104k€106k▲
Income statement
Code20212022
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-2k€-2k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€7k€382k▲
Recurring financial charges65€7k€7k▲
Non-recurring financial charges66B-€375k
Profit (loss) for the period before taxes9903€-9k€-384k▼
Profit (loss) for the period9904€-9k€-384k▼
Profit (loss) for the period to be appropriated9905€-9k€-384k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€-289k▼
Profit (loss) brought forward from the previous period14P€104k€95k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · VLEMCO NV HAZEPAD 1, 3118 WERCHTER · event 22-05-2025
2024
24-04
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · VLEMCO NV HAZEPAD 1, 3118 WERCHTER · event 18-04-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-384k
Net result drops to €-384k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial 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
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
18-04-2024 → present |
| Curator | THOMAS
VANDENDRIES STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
18-04-2024 → present |