VLIETREX INTERNATIONAL
InactiveVLIETREX INTERNATIONAL was declared bankrupt on 25-01-2022 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed by liquidation by judgment of 31-03-2026, published in the Belgian State Gazette on 07-04-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-11-2021, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
121 d late
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€42k=
2019 · €42k
2018: €43k
2019: €42k
2018 → 2020
Total assets
€696k▲ 244%
2019 · €202k
2018: €374k
2019: €202k
2018 → 2020
Net result
€-85k
2019 · €2k
2018: €48k
2019: €2k
2018 → 2020
Working capital
€12k▼ 60.7%
2019 · €31k
2018: €9k
2019: €31k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€43k-€42k▼ 2.6%€42k=
Operating result€50k-€4k▼ 92.4%€-76k
Net result€48k-€2k▼ 96.5%€-85k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €76k after €4k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €696k
Fixed assets
€30k▲ 155%
Current assets
€666k▲ 250%
Equity and liabilities €731k
Equity
€42k=
Debt
€689k▲ 330%
The debt ratio rises from 79.1% to 94.2%. Debt is higher.
Key figures and ratios
EBITDA
€-53k▼
2019 · €27k
Cash flow
€-62k▼
2019 · €25k
Solvency
6.1%▼
2019 · 20.9%
Current ratio
1.02▼
2019 · 1.19
Quick ratio
1.02▼
2019 · 1.19
Debt / equity
0.81
ROE
-200.7%▼
2019 · 3.9%
ROA
-12.2%▼
2019 · 0.8%
Debt
€689k▲
2019 · €160k
Debt ≤ 1 year
€654k▲
2019 · €160k
Debt > 1 year
€34k
Income taxes
€825=
2019 · €825
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€202k€696k▲
Formation expenses20-€0
Fixed assets21/28€12k€30k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27-€10k
Financial fixed assets28€12k€20k▲
Current assets29/58€191k€666k▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€191k€666k▲
Current investments50/53-€0
Cash at bank and in hand54/58€39€387▲
Equity and liabilities
Total equity and liabilities10/49€202k€696k▲
Equity10/15€42k€42k=
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€22k€-63k▼
Amounts payable17/49€160k€689k▲
Amounts payable after more than one year17-€34k
Amounts payable within one year42/48€160k€654k▲
Trade debts44€51k€282k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k=
Gross operating margin9900€28k€46k▲
Operating profit (loss)9901€4k€-76k▼
Recurring financial income75-€0
Recurring financial charges65€1k€9k▲
Profit (loss) for the period before taxes9903€2k€-85k▼
Income taxes67/77€825€825=
Profit (loss) for the period9904€2k€-85k▼
Profit (loss) for the period to be appropriated9905€2k€-85k▼
Appropriation of the result
Return on contributions (dividend)694-€0
Timeline · acts, filings and financial milestones
2026
07-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren-Borgloon · FH CARGO BV WEERTERWEG 1, 3950 BOCHOLT · event 31-03-2026
2022
31-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · FH CARGO BV WEERTERWEG 1, 3950 BOCHOLT · event 25-01-2022
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Weakest financial yearnet €-85k ▼5237%
Net result drops to €-85k, the lowest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 393 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 758 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
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 | ELKE NATENS WIJNGAARDSTRAAT 6,
3700 TONGEREN |
25-01-2022 → present |
| Curator | JEF SCHEEPERS WIJNGAARD-
STRAAT 6, 3700 TONGEREN |
25-01-2022 → present |