VPM
Open bankruptcyAre 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 Antwerp, Antwerp division
- Declared bankrupt
- 31 July 2025
- Supervising judge
- Eric Segers
- Official Gazette
- 06-08-2025 (pdf) ↗search the document for 2025/133456
Deadlines
- Provisional date payments stopped
- 31 January 2025Moved back by judgment of 5 March 2026. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 21 August 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 30 August 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 19 September 2025Goods 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 31 July 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Tom ToremansMaarschalk Gerardstraat 2, 2000 Antwerpen 1t.toremans@toremanstermote.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 2 filingsDeviation from the deadline
2022
31 d late
2020
108 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 70 days after the deadline; the sector median for financial year 2022 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?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 Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€42,402▲ 107%
2020 · €20,465
Total assets
€126,480▲ 364%
2020 · €27,255
Net result
€10,764▼ 47.0%
2020 · €20,315
Working capital
€42,402▲ 107%
2020 · €20,465
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Available amounts per fiscal year
Line20202022
Operating result€25,532-€13,412-
Net result€20,315within the sector's middle half-€10,764within the sector's middle half-
Equity€20,465below the sector's middle half-€42,402within the sector's middle half-
Total assets€27,255below the sector's middle half-€126,480within the sector's middle half-
Debt€6,790-€84,077-
Working capital€20,465within the sector's middle half-€42,402within the sector's middle half-
Solvency75.1%within the sector's middle half-33.5%within the sector's middle half-
Current ratio4.01within the sector's middle half-1.50within the sector's middle half-
Return on assets (ROA)74.5%above the sector's middle half-8.5%within the sector's middle half-
Staff (FTE)1-
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
The operating result is €13,412 in 2022, compared with €25,532 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Equity and liabilities €126,480
Equity
€42,402 ▲ 107%
Debt
€84,077 ▲ 1,138%
Debt's share of the balance-sheet total rises from 24.9% to 66.5%. Equity and debt are higher.
Key figures and ratios
Debt to equity
1.98
ROE
25.4%▼
2020 · 99.3%
Debt ≤ 1 year
€84,077▲
2020 · €6,790
Income taxes
€2,476▼
2020 · €5,200
Staff costs
€13,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €13,421 | - |
| Other operating charges640/8 | - | €151 | - |
| Gross operating margin9900 | €25,532 | €26,984 | - |
| Operating profit (loss)9901 | €25,532 | €13,412 | - |
| Financial income75/76B | - | €484 | - |
| Recurring financial income75 | - | €484 | - |
| Financial charges65/66B | - | €655 | - |
| Recurring financial charges65 | €17 | €655 | - |
| Profit (loss) for the period before taxes9903 | €25,515 | €13,240 | - |
| Income taxes67/77 | €5,200 | €2,476 | - |
| Profit (loss) for the period9904 | €20,315 | €10,764 | - |
| Profit (loss) for the period to be appropriated9905 | €20,315 | €10,764 | - |
| Line | 2020 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €27,255 | €126,480 | - |
| Current assets29/58 | €27,255 | €126,480 | - |
| Amounts receivable within one year40/41 | €23,203 | €124,685 | - |
| Trade receivables40 | - | €113,480 | - |
| Other amounts receivable41 | - | €11,205 | - |
| Cash at bank and in hand54/58 | €4,052 | €1,794 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €27,255 | €126,480 | - |
| Equity10/15 | €20,465 | €42,402 | - |
| Contributions10/11 | - | €150 | - |
| Reserves13 | - | €42,252 | - |
| Distributable reserves133 | - | €42,252 | - |
| Profit (loss) carried forward14 | €20,315 | - | - |
| Amounts payable17/49 | €6,790 | €84,077 | - |
| Amounts payable within one year42/48 | €6,790 | €84,077 | - |
| Trade debts44 | €1,590 | €57,109 | - |
| Suppliers440/4 | - | €57,109 | - |
| Taxes, remuneration and social security45 | - | €14,320 | - |
| Taxes450/3 | - | €12,022 | - |
| Remuneration and social security454/9 | - | €2,297 | - |
| Other amounts payable47/48 | - | €12,649 | - |
| Line | 2020 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,315 | €10,764 | - |
| Operating cash flow (approximation) | €20,315 | €10,764 | - |
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
2026
11-03
Bankruptcy
Date of cessation of payments moved back
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 05-03-2026
2025
06-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-07-2025
2024
30-05
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-05-2024
02-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 25-04-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
SignalNBB filing
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 2020
Ground area
2,726 m²
Building footprint
286 m²
Volume, LiDAR
1,806 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VPM
since 20202.301.785.848
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055A0036/00E002 | Flanders | 1,918 m² | 1 · 103 m² | 9.7 m · 2 fl. |
| 11055C0024/00B002 | Flanders | 808 m² | 1 · 183 m² | 10.7 m · 2 fl. |
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOM TOREMANS Maarschalk Gerardstraat 2, 2000 Antwerpen 1 |
31-07-2025 → present |
| Curator | PHILIP RAUTER Kapucinessenstraat 13, 2000 Antwerpen 1 |
25-04-2024 → 23-05-2024 |
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 37,129 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded06-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
81100Combined facilities support activities
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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.