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VPDN

Bankruptcy closed
Private limited company (pre-2019)founded 2017KBO/BCE: BE 0680.598.718

Inactive since 07-07-2026; last annual accounts for fiscal year 2020.

Summary

VPDN was declared bankrupt on 05-01-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 30-06-2026, published in the Belgian State Gazette on 06-07-2026.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 06-07-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 05-06-2021, 56 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
56 d early
2019
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 6 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

On 31 August 2017, VPDN was incorporated.1 Total assets went from EUR 41,046 in 2018 to EUR 60,705 in 2020 and headcount from 0.4 to 0.8 full-time equivalents.2 The company was declared bankrupt on 5 January 2023; the bankruptcy was closed on 30 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 11-01-2023
  4. 4Belgian State Gazette, 06-07-2026

Go further with this company

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

Financials · fiscal year 2020, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€17,569=
2019 · €17,569
Total assets
€60,705=
2019 · €60,705
Net result
-€26,620
2019 · €164
Working capital
€697▼ 87.6%
2019 · €5,600
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€2,602-€4,426▲ 70.1%-€16,546
Net result-€1,195-€164-€26,620
Equity€9,805-€17,569▲ 79.2%€17,569=
Total assets€41,046-€60,705▲ 47.9%€60,705=
Debt€31,242-€43,136▲ 38.1%€43,136=
Working capital-€2,343-€5,600€697▼ 87.6%
Staff (FTE)0.4-0.8▲ 100%0.8=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2018: €2,602€2,602Net result 2018: -€1,195-€1,195Operating result 2019: €4,426€4,426Net result 2019: €164€164Operating result 2020: -€16,546-€16,546Net result 2020: -€26,620-€26,620201820192020-€30,000-€20,000-€10,000€0Operating result 2018: €2,602€2,600Net result 2018: -€1,195-€1,200Operating result 2019: €4,426€4,430Net result 2019: €164€164Operating result 2020: -€16,546-€16,500Net result 2020: -€26,620-€26,600201820192020
The operating result turns negative in 2020: a loss of €16,546 after €4,426 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €60,705
Fixed assets €20,821 =
Current assets €39,883 =
Equity and liabilities €60,705
Equity €17,569 =
Debt €43,136 =
Debt's share of the balance-sheet total stays at 71.1%.
Key figures and ratios
2020 value · change against 2019
EBITDA
-€11,759▼
2019 · €9,181
Cash flow
-€21,833▼
2019 · €4,919
Current ratio
1.02▼
2019 · 1.16
Debt to equity
0.42=
2019 · 0.42
ROE
-151.5%▼
2019 · 0.9%
ROA
-43.9%▼
2019 · 0.3%
Debt ≤ 1 year
€39,186▲
2019 · €34,283
Debt > 1 year
€7,368=
2019 · €7,368
Income taxes
€1,872=
2019 · €1,872
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 · 2020 against 2019 · 29 lines
Balance sheet Code20192020
Assets
Total assets20/58€60,705€60,705=
Formation expenses20-€0
Fixed assets21/28€20,821€20,821=
Intangible fixed assets21-€0
Tangible fixed assets22/27€14,271€14,271=
Financial fixed assets28€6,550€6,550=
Current assets29/58€39,883€39,883=
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€34,320€34,320=
Current investments50/53-€0
Cash at bank and in hand54/58€498€828▲
Equity and liabilities
Total equity and liabilities10/49€60,705€60,705=
Equity10/15€17,569€17,569=
Contributions10/11€18,600-
Profit (loss) carried forward14-€1,031-€27,651▼
Amounts payable17/49€43,136€43,136=
Amounts payable after more than one year17€7,368€7,368=
Amounts payable within one year42/48€34,283€39,186▲
Trade debts44€20,698€27,618▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,755€4,787▲
Gross operating margin9900€15,252€15,252=
Operating profit (loss)9901€4,426-€16,546▼
Recurring financial income75€248€248=
Recurring financial charges65€2,638€2,638=
Profit (loss) for the period before taxes9903€2,036-€27,617▼
Income taxes67/77€1,872€1,872=
Profit (loss) for the period9904€164-€26,620▼
Profit (loss) for the period to be appropriated9905€164-€26,620▼
Appropriation of the result
Return on contributions (dividend)694-€0
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,384€4,755€4,787▲ 0.7%
Gross operating margin9900€23,802€15,252€15,252=
Operating profit (loss)9901€2,602€4,426-€16,546▼ 474%
Recurring financial income75€76€248€248=
Recurring financial charges65€2,048€2,638€2,638=
Profit (loss) for the period before taxes9903€630€2,036-€27,617▼ 1,456%
Income taxes67/77€1,826€1,872€1,872=
Profit (loss) for the period9904-€1,195€164-€26,620▼ 16,317%
Profit (loss) for the period to be appropriated9905-€1,195€164-€26,620▼ 16,317%
Line201820192020Change
Assets
Total assets20/58€41,046€60,705€60,705=
Formation expenses20--€0-
Fixed assets21/28€22,314€20,821€20,821=
Intangible fixed assets21--€0-
Tangible fixed assets22/27€17,114€14,271€14,271=
Financial fixed assets28€5,200€6,550€6,550=
Current assets29/58€18,732€39,883€39,883=
Stocks and contracts in progress3--€0-
Amounts receivable within one year40/41€9,103€34,320€34,320=
Current investments50/53--€0-
Cash at bank and in hand54/58€1,211€498€828▲ 66.1%
Equity and liabilities
Total equity and liabilities10/49€41,046€60,705€60,705=
Equity10/15€9,805€17,569€17,569=
Contributions10/11€11,000€18,600--
Profit (loss) carried forward14-€1,195-€1,031-€27,651▼ 2,581%
Amounts payable17/49€31,242€43,136€43,136=
Amounts payable after more than one year17€9,753€7,368€7,368=
Amounts payable within one year42/48€21,076€34,283€39,186▲ 14.3%
Trade debts44€11,035€20,698€27,618▲ 33.4%
Line201820192020Change
Profit (loss) for the period9904-€1,195€164-€26,620▼ 16,317%
+ Depreciation and write-downs630€7,384€4,755€4,787▲ 0.7%
Operating cash flow (approximation)€6,189€4,919-€21,833▼ 544%
Investment in fixed assets (approximation)--€3,263-€4,787▼ 46.7%
Change in cash--€712€329▲ 146%

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

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Timeline · acts, filings and financial milestones

2026
06-07
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 30-06-2026
2023
11-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 05-01-2023
2021
05-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€26,620
Net result drops to -€26,620, the lowest in the series.
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial Back to profitnet €164
Net result €164 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Beringen
exact location from the address register On OpenStreetMap
Ground area
1,123 m²
Building footprint
158 m²
Volume, LiDAR
942 m³
Parcel 71005B1016/00F002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71005B1016/00F002 Flanders 1,123 m² 1 · 158 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

3 mandates
Role Name Tenure
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT-
05-01-2023 → 30-06-2026
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT
05-01-2023 → 30-06-2026
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT-
05-01-2023 → 30-06-2026

Similar companies · same sector, comparable size

Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 3,774 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)
Founded31-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68322Real estate appraisal on a fee or contract basis
68321Property management for co-owned buildings (syndics)
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 27 September 2026 · Peppol Directory

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