VRANCKX SECURITY
BankruptcyThe KBO register records for VRANCKX SECURITY the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-171k) and a net result of €-63k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-63k▼ 57.4%
2020 · €-40k
2018: €8k
2019: €-82k
2020: €-40k
2018 → 2021
Working capital
€-195k▼ 64.4%
2020 · €-119k
2018: €11k
2019: €-79k
2020: €-119k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€13k-€-68k€-109k▼ 58.5%€-171k▼ 58.0%
Operating result€17k-€-77k€-38k▲ 50.8%€-59k▼ 55.7%
Net result€8k-€-82k€-40k▲ 51.1%€-63k▼ 57.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €59k in 2021 against €38k in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.21M
Fixed assets
€24k▲ 5.0%
Current assets
€1.19M▲ 41.2%
Key figures and ratios
EBITDA
€-55k▼
2020 · €-24k
Cash flow
€-59k▼
2020 · €-26k
Solvency
-14.1%▼
2020 · -12.5%
Current ratio
0.86▼
2020 · 0.88
Quick ratio
0.86▼
2020 · 0.88
Debt / equity
-8.07▼
2020 · -0.09
ROE
36.7%▼
2020 · 36.9%
ROA
-5.2%▼
2020 · -4.6%
Interest coverage
-9.09
Debt
€1.38M▲
2020 · €974k
Debt ≤ 1 year
€1.38M▲
2020 · €961k
Debt > 1 year
€0▼
2020 · €10k
Income taxes
€426▲
2020 · €145
Staff costs
€741k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€865k€1.21M▲
Fixed assets21/28€23k€24k▲
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€19k€22k▲
Furniture and vehicles24-€22k
Financial fixed assets28€100€100=
Current assets29/58€842k€1.19M▲
Amounts receivable within one year40/41€835k€1.09M▲
Trade receivables40-€942k
Other amounts receivable41-€150k
Cash at bank and in hand54/58€2k€90k▲
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€865k€1.21M▲
Equity10/15€-109k€-171k▼
Contributions10/11-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-117k€-180k▼
Amounts payable17/49€974k€1.38M▲
Amounts payable after more than one year17€10k€0▼
Financial debts170/4-€0
Amounts payable within one year42/48€961k€1.38M▲
Current portion of amounts payable after more than one year42-€0
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44€791k€886k▲
Suppliers440/4-€879k
Bills of exchange payable441-€7k
Taxes, remuneration and social security45-€371k
Taxes450/3-€106k
Remuneration and social security454/9-€265k
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3-€531
Income statement
Code20202021
Remuneration, social security and pensions62-€741k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€4k▼
Other operating charges640/8-€16k
Gross operating margin9900€167k€702k▲
Operating profit (loss)9901€-38k€-59k▼
Financial income75/76B-€2k
Recurring financial income75€3k€2k▼
Financial charges65/66B-€6k
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€-40k€-63k▼
Income taxes67/77€145€426▲
Profit (loss) for the period9904€-40k€-63k▼
Profit (loss) for the period to be appropriated9905€-40k€-63k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-180k
Profit (loss) brought forward from the previous period14P-€-117k
Social balance
Average headcount (FTE)9087-14.1
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
28-07
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collectif · event 25-07-2023
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 135 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 30 days late
2019
31-12
Financial
Weakest financial yearnet €-82k ▼1165%
Net result drops to €-82k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Eghezée · 1 establishment unit since 2003
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.
Route d'Andenne 375310 EghezéeGround area
283 m²
Building footprint
276 m²
Parcel 92035B0112/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Route d'Andenne 37, 5310 Eghezée
since 20032.131.774.047
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92035B0112/00N000 | Wallonia | 283 m² | 1 · 276 m² | - |
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.
Similar companies · same sector, comparable size
EMBERCRYPT
BE 0789.560.895
Gent · Eq €13k
SIRIUS SECURITY
BE 1002.244.877
Brussel · Eq €13k
G.L. SERVICES
BE 0479.295.608
La Hulpe · Eq €13k
ESC INVEST
BE 0427.857.694
Brussel · Eq €14k
SECURITY CONSULTANT AND TRAINER DECAMPS CHRISTOPHE
BE 0795.198.872
Braine-le-Comte · Eq €14k
Of 687 companies in sector 80010 we hold annual accounts for 340. 186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-01-2003
Fiscal year end31-12
Activities, NACEBEL
74601
80010Investigation and private security services
80100Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.