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VLSI

Open bankruptcy
Private limited company (pre-2019)founded 2014Ruelle de la Barrière 14, 4342 Awans, BelgiumKBO/BCE: BE 0550.912.191

A bankruptcy procedure is open for VLSI according to publications in the Belgian State Gazette; curator: JEAN-PAUL TASSET.

Summary

The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show equity of €60,944 and a net result of -€22,052.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
11 December 2023
Supervising judge
Benoit Burnotte
Official Gazette
15-12-2023 (pdf) ↗search the document for 2023/147930

Deadlines

Appeal or third-party opposition until
passed on 30 December 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 10 January 2024art. XX.104 and XX.155 CEL
First verification report
passed on 25 January 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 11 December 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

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

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d late
2021
7 d late
2020
220 d late
2019
98 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 88 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VLSI was incorporated on 25 April 2014.1 Total assets rose from EUR 79,122 in 2018 to EUR 135,573 in 2022.2 On 11 December 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 15-12-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€60,944▼ 26.6%
2021 · €82,996
Total assets
€135,573▼ 2.5%
2021 · €138,997
Net result
-€22,052
2021 · €3,842
Working capital
-€32,210
2021 · €80,692
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€6,562-€8,610▲ 31.2%€28,203▲ 228%€3,870▼ 86.3%-€25,706
Net result€5,842-€7,814▲ 33.8%€26,376within the sector's middle half▲ 238%€3,842below the sector's middle half▼ 85.4%-€22,052below the sector's middle half
Equity€44,964-€52,778▲ 17.4%€79,154within the sector's middle half▲ 50.0%€82,996within the sector's middle half▲ 4.9%€60,944within the sector's middle half▼ 26.6%
Total assets€79,122-€90,295▲ 14.1%€130,740below the sector's middle half▲ 44.8%€138,997below the sector's middle half▲ 6.3%€135,573below the sector's middle half▼ 2.5%
Debt€34,158-€37,517▲ 9.8%€51,586▲ 37.5%€56,001▲ 8.6%€74,629▲ 33.3%
Working capital€43,314-€51,128▲ 18.0%€77,504within the sector's middle half▲ 51.6%€80,692within the sector's middle half▲ 4.1%-€32,210below the sector's middle half
Solvency56.8%-58.5%▲ 1.6pp60.5%within the sector's middle half▲ 2.1pp59.7%within the sector's middle half▼ 0.8pp45.0%within the sector's middle half▼ 14.8pp
Current ratio2.27-2.36▲ 0.092.50within the sector's middle half▲ 0.142.46within the sector's middle half▼ 0.040.57below the sector's middle half▼ 1.89
Return on assets (ROA)7.4%-8.7%▲ 1.3pp20.2%within the sector's middle half▲ 11.5pp2.8%below the sector's middle half▼ 17.4pp-16.3%below the sector's middle half▼ 19.0pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: €6,562€6,562Net result 2018: €5,842€5,842Operating result 2019: €8,610€8,610Net result 2019: €7,814€7,814Operating result 2020: €28,203€28,203Net result 2020: €26,376€26,376Operating result 2021: €3,870€3,870Net result 2021: €3,842€3,842Operating result 2022: -€25,706-€25,706Net result 2022: -€22,052-€22,05220182019202020212022-€40,000-€20,000€0€20,000Operating result 2020: €28,203€28,200Net result 2020: €26,376€26,400Operating result 2021: €3,870€3,870Net result 2021: €3,842€3,840Operating result 2022: -€25,706-€25,700Net result 2022: -€22,052-€22,100202020212022
The operating result turns negative in 2022: a loss of €25,706 after €3,870 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €135,573
Fixed assets €93,154 ▲ 2,854%
Current assets €42,419 ▼ 68.8%
Equity and liabilities €135,573
Equity €60,944 ▼ 26.6%
Debt €74,629 ▲ 33.3%
Debt's share of the balance-sheet total rises from 40.3% to 55.0%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
Debt to equity
1.22▲
2021 · 0.67
ROE
-36.2%▼
2021 · 4.6%
Debt ≤ 1 year
€74,629▲
2021 · €55,151
Income taxes
€795▼
2021 · €2,807
Staff costs
€83,737▲
2021 · €64,778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet Code20212022
Assets
Total assets20/58€138,997€135,573▼
Fixed assets21/28€3,154€93,154▲
Financial fixed assets28€3,154€93,154▲
Current assets29/58€135,843€42,419▼
Amounts receivable within one year40/41€121,050€32,629▼
Trade receivables40€31,740€30,271▼
Other amounts receivable41€89,310€2,358▼
Cash at bank and in hand54/58€14,793€9,790▼
Equity and liabilities
Total equity and liabilities10/49€138,997€135,573▼
Equity10/15€82,996€60,944▼
Contributions10/11€6,200€6,200=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Profit (loss) carried forward14€76,176€54,124▼
Amounts payable17/49€56,001€74,629▲
Amounts payable within one year42/48€55,151€74,629▲
Trade debts44€7,621€17,774▲
Suppliers440/4€7,621€17,774▲
Taxes, remuneration and social security45€47,530€55,328▲
Taxes450/3€36,332€32,749▼
Remuneration and social security454/9€11,198€22,579▲
Other amounts payable47/48-€1,527
Accrued charges and deferred income492/3€850-
Income statement Code20212022
Remuneration, social security and pensions62€64,778€83,737▲
Other operating charges640/8-€2,058
Gross operating margin9900€68,648€60,089▼
Operating profit (loss)9901€3,870-€25,706▼
Financial income75/76B€5,320€6,119▲
Recurring financial income75€5,320€6,119▲
Financial charges65/66B€2,541€1,670▼
Recurring financial charges65€2,541€1,670▼
Profit (loss) for the period before taxes9903€6,649-€21,257▼
Income taxes67/77€2,807€795▼
Profit (loss) for the period9904€3,842-€22,052▼
Profit (loss) for the period to be appropriated9905€3,842-€22,052▼
Appropriation of the result
Profit (loss) to be appropriated9906€76,176€54,124▼
Profit (loss) brought forward from the previous period14P€72,334€76,176▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62---€64,778€83,737▲ 29.3%
Other operating charges640/8----€2,058-
Gross operating margin9900€6,562€8,610€28,331€68,648€60,089▼ 12.5%
Operating profit (loss)9901€6,562€8,610€28,203€3,870-€25,706▼ 764%
Financial income75/76B---€5,320€6,119▲ 15.0%
Recurring financial income75€3,559€4,722€7,144€5,320€6,119▲ 15.0%
Financial charges65/66B---€2,541€1,670▼ 34.3%
Recurring financial charges65€391€2,004€399€2,541€1,670▼ 34.3%
Profit (loss) for the period before taxes9903€9,730€11,328€34,948€6,649-€21,257▼ 420%
Income taxes67/77€3,888€3,514€8,572€2,807€795▼ 71.7%
Profit (loss) for the period9904€5,842€7,814€26,376€3,842-€22,052▼ 674%
Profit (loss) for the period to be appropriated9905€5,842€7,814€26,376€3,842-€22,052▼ 674%
Line20182019202020212022Change
Assets
Total assets20/58€79,122€90,295€130,740€138,997€135,573▼ 2.5%
Fixed assets21/28€1,650€1,650€1,650€3,154€93,154▲ 2,854%
Financial fixed assets28€1,650€1,650€1,650€3,154€93,154▲ 2,854%
Current assets29/58€77,472€88,645€129,090€135,843€42,419▼ 68.8%
Amounts receivable within one year40/41€74,592€86,060€122,416€121,050€32,629▼ 73.0%
Trade receivables40---€31,740€30,271▼ 4.6%
Other amounts receivable41---€89,310€2,358▼ 97.4%
Cash at bank and in hand54/58€2,880€2,585€6,674€14,793€9,790▼ 33.8%
Equity and liabilities
Total equity and liabilities10/49€79,122€90,295€130,740€138,997€135,573▼ 2.5%
Equity10/15€44,964€52,778€79,154€82,996€60,944▼ 26.6%
Contributions10/11€6,200€6,200-€6,200€6,200=
Reserves13€620€620€620€620€620=
Non-distributable reserves130/1---€620€620=
Reserves not available under the articles1311---€620€620=
Profit (loss) carried forward14€38,144€45,958€72,334€76,176€54,124▼ 28.9%
Amounts payable17/49€34,158€37,517€51,586€56,001€74,629▲ 33.3%
Amounts payable within one year42/48€34,158€37,517€51,586€55,151€74,629▲ 35.3%
Trade debts44€19,531€18,569€26,454€7,621€17,774▲ 133%
Suppliers440/4---€7,621€17,774▲ 133%
Taxes, remuneration and social security45---€47,530€55,328▲ 16.4%
Taxes450/3---€36,332€32,749▼ 9.9%
Remuneration and social security454/9---€11,198€22,579▲ 102%
Other amounts payable47/48----€1,527-
Accrued charges and deferred income492/3---€850--
Line20182019202020212022Change
Profit (loss) for the period9904€5,842€7,814€26,376€3,842-€22,052▼ 674%
Operating cash flow (approximation)€5,842€7,814€26,376€3,842-€22,052▼ 674%
Investment in fixed assets (approximation)-€0€0-€1,504-€90,000▼ 5,884%
Change in cash--€295€4,089€8,119-€5,003▼ 162%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
15-12
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 11-12-2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
11-07
Judicial reorganisation Opening
Tribunal de l’entreprise de Liège · collective agreement · event 30-06-2023
2022
31-12
Financial Weakest financial yearnet -€22,052
Net result drops to -€22,052, the lowest in the series.
07-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
08-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 220 days late
2020
31-12
Financial Highest result since 2018net €26,376 ▲238%
Operating result €28,203, net result €26,376, both a record.
06-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
22-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 206 days late
2019
18-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 202 days late
2018
09-01
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 162 days late
2016
12-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 43 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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
Registered office, Awans · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2,478 m²
Building footprint
196 m²
Volume, LiDAR
821 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Centre de Soins Awans Epilation Laser Awans
Rue Chaussée 109, 4342 AwansHuman health activities
since 20162.328.829.844
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62053A0378/00B000 Wallonia 1,605 m² 1 · 102 m² 10.0 m · 3 fl.
62053A0381/00N000 Wallonia 873 m² 1 · 95 m² -
Linked by address, not proof of ownership
Good to know
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 JEAN-PAUL TASSET
QUAI MARCELLIS 7, 4020 LIEGE 2
11-12-2023 → present

Similar companies · same sector, comparable size

Of 5,992 companies in sector 86940 we hold annual accounts for 1,810. 1,582 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
86940Nursing and midwifery
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.