VRP TO NET SERVICES
Open bankruptcyA bankruptcy procedure is open for VRP TO NET SERVICES according to publications in the Belgian State Gazette; curator: XAVIER IBARRONDO LASA.
Summary
The 2020 annual accounts show equity of €22k and a net result of €9k.
Signals
Three 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 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€22k▲ 68.8%
2019 · €13k
2018: €13k
2019: €13k
2018 → 2020
Total assets
€32k▼ 2.4%
2019 · €33k
2018: €41k
2019: €33k
2018 → 2020
Net result
€9k
2019 · €-49
2018: €4k
2019: €-49
2018 → 2020
Working capital
€21k▲ 86.9%
2019 · €11k
2018: €-7k
2019: €11k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€13k-€13k▼ 0.4%€22k▲ 68.8%
Operating result€6k-€430▼ 92.6%€10k▲ 2,179%
Net result€4k-€-49€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 2,179% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €32k
Fixed assets
€2k ▼ 2.9%
Current assets
€30k ▼ 2.4%
Equity and liabilities €32k
Equity
€22k ▲ 68.8%
Debt
€11k ▼ 47.6%
Debt's share of the balance-sheet total falls from 61.2% to 32.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2019 · €2k
Cash flow
€10k▲
2019 · €2k
Current ratio
3.33▲
2019 · 1.58
ROE
40.8%▲
2019 · -0.4%
ROA
27.4%▲
2019 · -0.1%
Debt ≤ 1 year
€9k▼
2019 · €20k
Income taxes
€2k▲
2019 · €573
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 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€33k€32k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Financial fixed assets28€580€580=
Current assets29/58€31k€30k▼
Amounts receivable within one year40/41€29k€30k▲
Cash at bank and in hand54/58€440€232▼
Equity and liabilities
Total equity and liabilities10/49€33k€32k▼
Equity10/15€13k€22k▲
Contributions10/11€1-
Reserves13€13k€19k▲
Profit (loss) carried forward14€-49€3k▲
Amounts payable17/49€20k€11k▼
Amounts payable within one year42/48€20k€9k▼
Trade debts44€17k€4k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Gross operating margin9900€8k€12k▲
Operating profit (loss)9901€430€10k▲
Recurring financial income75€144€2k▲
Recurring financial charges65€49€518▲
Profit (loss) for the period before taxes9903€525€11k▲
Income taxes67/77€573€2k▲
Profit (loss) for the period9904€-49€9k▲
Profit (loss) for the period to be appropriated9905€-49€9k▲
Timeline · acts, filings and financial milestones
2024
29-01
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · VRP TO NET SERVICES SPRL LES HUTTES 1/8, 1400 NIVELLES · event 22-01-2024
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.33
Current ratio from 1.58 to 3.33; short-term debt falls from €20k to €9k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-49 ▼101%
Net result drops to €-49, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.58
Current ratio from 0.70 to 1.58; short-term debt falls from €24k to €20k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 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
1 establishment unit since 2017
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
8,150 m²
Building footprint
945 m²
Volume, LiDAR
10,194 m³
2 parcels, Wallonia · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
.
since 20172.262.937.546
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25072B0333/00D000 | Wallonia | 6,971 m² | 1 · 540 m² | 20.2 m · 5 fl. |
| 25783E0365/00Z000 | Wallonia | 1,178 m² | 1 · 405 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | XAVIER IBARRONDO LASA OFF.PARK GREEN
ALLEY,RUE DU PANIER VERT 70, 1400 NIVELLES- |
22-01-2024 → present |
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Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,128 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.