VOREP
ActiveSummary
For VOREP, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€141,214) and a net result of €146. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 13% of 14649 sector peers (fiscal year 2022). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability20▼-20
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-38.7%
Return on assets
0%
Age of the figures
54 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 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 · 10 filingsPosition against the passed deadline
31-03-2023 close31-10-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 15-11-2022, 15 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
15 d late
2021
3 d late
2020
30 d late
2019
120 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€342,554
EBIT margin
-5.5%
Net result
€146▼ 95.7%
2021 · €3,393
Working capital
-€145,378▲ 1.0%
2021 · -€146,908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line2019202020212022
Turnover€342,554-
Operating result-€18,761--€27,258▼ 45.3%-€4,637▲ 83.0%-€1,124▲ 75.8%
Net result-€19,332--€27,780below the sector's middle half▼ 43.7%€3,393within the sector's middle half€146within the sector's middle half▼ 95.7%
EBIT margin-5.5%-
Equity-€116,973--€144,753below the sector's middle half▼ 23.7%-€141,360below the sector's middle half▲ 2.3%-€141,214below the sector's middle half▲ 0.1%
Total assets€363,898-€339,040within the sector's middle half▼ 6.8%€362,332within the sector's middle half▲ 6.9%€364,464within the sector's middle half▲ 0.6%
Debt€480,872-€483,793▲ 0.6%€503,692▲ 4.1%€505,678▲ 0.4%
Working capital-€131,878--€155,197below the sector's middle half▼ 17.7%-€146,908below the sector's middle half▲ 5.3%-€145,378below the sector's middle half▲ 1.0%
Solvency-32.1%--42.7%below the sector's middle half▼ 10.6pp-39.0%below the sector's middle half▲ 3.7pp-38.7%below the sector's middle half▲ 0.3pp
Current ratio0.73-0.68below the sector's middle half▼ 0.050.71below the sector's middle half▲ 0.030.71below the sector's middle half=
Return on assets (ROA)-5.3%--8.2%below the sector's middle half▼ 2.9pp0.9%within the sector's middle half▲ 9.1pp0.0%within the sector's middle half▼ 0.9pp
Staff (FTE)2.4-2.3within the sector's middle half▼ 4.2%0.3▼ 87.0%1▲ 233%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,124 in 2022 against €4,637 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €364,464
Fixed assets
€4,193 ▼ 24.7%
Current assets
€360,271 ▲ 1.0%
Key figures and ratios
EBITDA
€254▲
2021 · -€1,962
Cash flow
€1,524▼
2021 · €6,068
Quick ratio
0.07▲
2021 · 0.07
Debt to equity
-3.58
Interest coverage
0.12
Debt ≤ 1 year
€505,649▲
2021 · €503,670
Staff costs
€20,055
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | €342,554 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €20,055 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,280 | €4,873 | €2,675 | €1,378 | ▼ 48.5% |
| Other operating charges640/8 | - | - | - | €902 | - |
| Gross operating margin9900 | €27,101 | €34,790 | €6,870 | €21,211 | ▲ 209% |
| Operating profit (loss)9901 | -€18,761 | -€27,258 | -€4,637 | -€1,124 | ▲ 75.8% |
| Financial income75/76B | - | - | - | €3,446 | - |
| Recurring financial income75 | €143 | €1 | €99 | €3,446 | ▲ 3,379% |
| Financial charges65/66B | - | - | - | €2,175 | - |
| Recurring financial charges65 | €926 | €523 | €819 | €2,175 | ▲ 166% |
| Profit (loss) for the period before taxes9903 | -€19,543 | -€27,780 | €3,393 | €146 | ▼ 95.7% |
| Income taxes67/77 | -€211 | - | - | - | - |
| Profit (loss) for the period9904 | -€19,332 | -€27,780 | €3,393 | €146 | ▼ 95.7% |
| Profit (loss) for the period to be appropriated9905 | -€19,332 | -€27,780 | €3,393 | €146 | ▼ 95.7% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €363,898 | €339,040 | €362,332 | €364,464 | ▲ 0.6% |
| Fixed assets21/28 | €14,905 | €10,444 | €5,571 | €4,193 | ▼ 24.7% |
| Tangible fixed assets22/27 | €12,895 | €8,434 | €3,561 | €2,183 | ▼ 38.7% |
| Plant, machinery and equipment23 | - | - | - | €2,183 | - |
| Financial fixed assets28 | €2,009 | €2,009 | €2,009 | €2,009 | = |
| Current assets29/58 | €348,994 | €328,596 | €356,762 | €360,271 | ▲ 1.0% |
| Stocks and contracts in progress3 | €339,765 | €322,539 | €323,825 | €325,032 | ▲ 0.4% |
| Stocks30/36 | - | - | - | €325,032 | - |
| Amounts receivable within one year40/41 | €1,477 | - | - | €69 | - |
| Trade receivables40 | - | - | - | €69 | - |
| Cash at bank and in hand54/58 | €5,369 | €4,429 | €32,129 | €34,241 | ▲ 6.6% |
| Deferred charges and accrued income490/1 | - | - | - | €929 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €363,898 | €339,040 | €362,332 | €364,464 | ▲ 0.6% |
| Equity10/15 | -€116,973 | -€144,753 | -€141,360 | -€141,214 | ▲ 0.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | - |
| Issued capital100 | - | - | - | €18,592 | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - |
| Legal reserve130 | - | - | - | €1,859 | - |
| Profit (loss) carried forward14 | -€137,425 | -€165,204 | -€161,811 | -€161,665 | ▲ 0.1% |
| Amounts payable17/49 | €480,872 | €483,793 | €503,692 | €505,678 | ▲ 0.4% |
| Amounts payable within one year42/48 | €480,872 | €483,793 | €503,670 | €505,649 | ▲ 0.4% |
| Trade debts44 | €48,509 | €16,828 | €32,941 | €34,397 | ▲ 4.4% |
| Suppliers440/4 | - | - | - | €34,397 | - |
| Taxes, remuneration and social security45 | - | - | - | €6,423 | - |
| Taxes450/3 | - | - | - | €2,006 | - |
| Remuneration and social security454/9 | - | - | - | €4,417 | - |
| Other amounts payable47/48 | - | - | - | €464,830 | - |
| Accrued charges and deferred income492/3 | - | - | - | €29 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,332 | -€27,780 | €3,393 | €146 | ▼ 95.7% |
| + Depreciation and write-downs630 | €5,280 | €4,873 | €2,675 | €1,378 | ▼ 48.5% |
| Operating cash flow (approximation) | -€14,052 | -€22,906 | €6,068 | €1,524 | ▼ 74.9% |
| Investment in fixed assets (approximation) | - | -€412 | €2,198 | €0 | ▼ 100% |
| Change in cash | - | -€940 | €27,701 | €2,112 | ▼ 92.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
31-03
Financial
Back to profitnet €3,393
Net result €3,393 after 2 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet -€27,780
Net result drops to -€27,780, the lowest in the series; recovery starts the following year.
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
08-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
04-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 1997
Ground area
2,152 m²
Building footprint
187 m²
Volume, LiDAR
1,537 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CBA
since 19972.056.452.755
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52352C0118/00H002 | Wallonia | 2,002 m² | 1 · 115 m² | 9.6 m · 3 fl. |
| 52392C0162/00Z006indicative | Wallonia | 150 m² | 1 · 72 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 687 companies in sector 46412 we hold annual accounts for 518. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-01-1992
Fiscal year end31-03
Activities, NACEBEL 2025
46412Wholesale of household textiles and bedding
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47791Retail sale of antiques
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446490604
Also
9925:BE0446490604
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.