VMC BENELUX
Open bankruptcyA bankruptcy procedure is open for VMC BENELUX according to publications in the Belgian State Gazette; curator: JEROME HENRI.
Summary
The 2020 annual accounts show equity of €20k and a net result of €-2k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2019 · €2k
2018: €2k
2019: €2k
2018 → 2020
Working capital
€20k▼ 9.4%
2019 · €22k
2018: €20k
2019: €22k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€20k-€22k▲ 9.8%€20k▼ 9.4%
Operating result€3k-€2k▼ 39.2%€-2k
Net result€2k-€2k▼ 19.0%€-2k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €2k after €2k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €1.66M
Equity
€20k ▼ 9.4%
Debt
€1.64M ▲ 7.7%
Debt's share of the balance-sheet total rises from 98.6% to 98.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.01▼
2019 · 1.01
Debt to equity
81.50▲
2019 · 68.62
ROE
-8.8%▼
2019 · 8.9%
ROA
-0.1%▼
2019 · 0.1%
Debt ≤ 1 year
€1.64M▲
2019 · €1.53M
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 · 2020 against 2019 · 35 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.55M€1.66M▲
Current assets29/58€1.55M€1.66M▲
Amounts receivable within one year40/41€1.55M€1.66M▲
Trade receivables40€889k€508k▼
Other amounts receivable41€659k€1.15M▲
Cash at bank and in hand54/58€267-
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.66M▲
Equity10/15€22k€20k▼
Contributions10/11€6k€6k▼
Capital10€6k€6k▼
Issued capital100€19k€19k=
Uncalled capital101€12k€13k▲
Reserves13€1k€2k▲
Non-distributable reserves130/1€840€1k▲
Legal reserve130€840€1k▲
Distributable reserves133€245€245=
Profit (loss) carried forward14€15k€13k▼
Amounts payable17/49€1.53M€1.64M▲
Amounts payable within one year42/48€1.53M€1.64M▲
Current portion of amounts payable after more than one year42€7k€7k=
Trade debts44€1.35M€1.46M▲
Suppliers440/4€1.35M€1.46M▲
Taxes, remuneration and social security45€172k€172k▼
Taxes450/3€172k€172k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20192020
Gross operating margin9900€2k€-2k▼
Operating profit (loss)9901€2k€-2k▼
Profit (loss) for the period before taxes9903€2k€-2k▼
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€13k▼
Profit (loss) brought forward from the previous period14P€13k€15k▲
Transfer to equity691/2€245€466▲
To the legal reserve6920-€466
To other reserves6921€245-
Timeline · acts, filings and financial milestones
2024
23-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · VMC BENELUX SRL AVENUE LOUISE 367, 1050 IXELLES · event 15-01-2024
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 395 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 760 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1126 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼190%
Net result drops to €-2k, the lowest in the series.
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 308 days late
21-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 659 days late
21-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 1390 days late
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
1 establishment unit since 2011
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.
Ground area
266 m²
Building footprint
265 m²
Volume, LiDAR
3,746 m³
Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VMC BENELUX
since 20112.229.133.046
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 | JEROME HENRI AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle-
solon.eu |
15-01-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-07-2011
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.