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VLM AIRLINES

Open bankruptcy
Public limited companyfounded 1992Luchthavenlei 1, 2100 Antwerpen, Belgium47 active companies are registered at this addressKBO/BCE: BE 0446.670.251
Summary

A bankruptcy procedure is open for VLM AIRLINES according to publications in the Belgian Official Gazette. The 2012 annual accounts show equity of €6.8m and a net result of €363,623.

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Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Commercial Court of Antwerp, Antwerp division
Declared bankrupt
22 June 2016
Official Gazette
27-06-2016 (pdf) ↗search the document for 2016/111851

Deadlines

Provisional date payments stopped
22 June 2016A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 12 July 2016Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 22 July 2016art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 19 August 2016Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 22 June 2017A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

New trustee

  • Verstreken Liesbethappointed on 26 October 2021Grote Steenweg 417, 2600 Berchem (Antwerpen)

The court appointed this trustee as a replacement or as an additional trustee; the publication says which (reference 2021/137695). Your claim in RegSol stays valid. That day's Gazette (pdf) ↗

Appointed at the opening

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. This bankruptcy was opened before April 2017 and is not in RegSol: the trustee and the registry of the enterprise court keep the file.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Air transport
NACE 51100
1 site
Size
€38.2mturnover 2012
Staff
147.7 FTE
Equity
€6.8m
Profit
€363,623
Standalone figures, without subsidiaries
Financial health
Open bankruptcy: no score
Structure
Parent
City Jet Ltd
0 of 21 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 30-06-2015, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2014
31 days early
2013
38 days early
2012
33 days early
2011
21 days early
2011
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Change of trusteeEnterprise Court of Antwerp, Antwerp…
  2. OpeningCommercial Court of Antwerp, Antwerp…
  3. Annual accounts filedfinancial year 2014 · full…

Key points

  • Risk: Declared bankrupttrustee: Mr De Roy Frans 22-06-2016 View
  • Controlled by City Jet Ltd parent View
  • Turnover 20123 financial years filed €38.2m View

By topic

Financials

Financial year
2012
Turnover
€38.2m
Profit
€363,623
Solvency
50.4%
Turnover▲ 21.9%
Net result
20112012
Go to Financials

Timeline

Events
42
Since
1993
  1. 30-06-2015Annual accounts filed
  2. 24-06-2014Annual accounts filed
  3. 23-06-2014Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Air transportNACE 51100
Founded
21-02-1992
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the air transport sector doing?Sector figures

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