DAN VAL
Open bankruptcyA bankruptcy procedure is open for DAN VAL according to publications in the Belgian State Gazette; curator: GUY HOUTAIN.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2022 annual accounts show negative equity (€-212k) and a net result of €-125k.
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 31-12-2022 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
78 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-212k▼ 143%
2021 · €-87k
2019: €-20k
2020: €-46k
2021: €-87k
2019 → 2022
Total assets
€45k▼ 28.8%
2021 · €63k
2019: €43k
2020: €37k
2021: €63k
2019 → 2022
Net result
€-125k▼ 201%
2021 · €-41k
2019: €-26k
2020: €-26k
2021: €-41k
2019 → 2022
Working capital
€-223k▼ 126%
2021 · €-99k
2019: €-25k
2020: €-51k
2021: €-99k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-20k-€-46k▼ 130%€-87k▼ 90.4%€-212k▼ 143%
Operating result€-25k-€-23k▲ 6.1%€-38k▼ 63.5%€-118k▼ 212%
Net result€-26k-€-26k▲ 1.0%€-41k▼ 60.1%€-125k▼ 201%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €118k in 2022 against €38k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €45k
Fixed assets
€12k ▼ 16.5%
Current assets
€33k ▼ 32.5%
Key figures and ratios
EBITDA
€-116k▼
2021 · €-37k
Cash flow
€-123k▼
2021 · €-40k
Solvency
-471.8%▼
2021 · -138.1%
Current ratio
0.13▼
2021 · 0.33
Quick ratio
0.06▼
2021 · 0.21
Debt to equity
-1.21▲
2021 · -1.72
ROA
-277.8%▼
2021 · -65.6%
Interest coverage
-15.59▼
2021 · -10.32
Debt
€257k▲
2021 · €151k
Debt ≤ 1 year
€256k▲
2021 · €148k
Debt > 1 year
€949▼
2021 · €3k
Staff costs
€221k▲
2021 · €112k
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 · 2022 against 2021 · 44 lines
Balance sheet
Code20212022
Assets
Total assets20/58€63k€45k▼
Fixed assets21/28€14k€12k▼
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23€10k€7k▼
Financial fixed assets28€5k€5k=
Current assets29/58€49k€33k▼
Stocks and contracts in progress3€17k€17k▼
Stocks30/36€17k€17k▼
Amounts receivable within one year40/41€12k€7k▼
Trade receivables40€6k€7k▲
Other amounts receivable41€6k-
Cash at bank and in hand54/58€18k€9k▼
Deferred charges and accrued income490/1€1k€336▼
Equity and liabilities
Total equity and liabilities10/49€63k€45k▼
Equity10/15€-87k€-212k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-94k€-219k▼
Amounts payable17/49€151k€257k▲
Amounts payable after more than one year17€3k€949▼
Financial debts170/4€3k€949▼
Amounts payable within one year42/48€148k€256k▲
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44€122k€53k▼
Suppliers440/4€122k€53k▼
Taxes, remuneration and social security45€22k€194k▲
Taxes450/3€3k€41k▲
Remuneration and social security454/9€19k€153k▲
Other amounts payable47/48€2k€7k▲
Income statement
Code20212022
Remuneration, social security and pensions62€112k€221k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€2k€14k▲
Gross operating margin9900€77k€120k▲
Operating profit (loss)9901€-38k€-118k▼
Financial income75/76B€1€877▲
Recurring financial income75€1€2▲
Non-recurring financial income76B-€875
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€7k▲
Non-recurring financial charges66B-€373
Profit (loss) for the period before taxes9903€-41k€-125k▼
Profit (loss) for the period9904€-41k€-125k▼
Profit (loss) for the period to be appropriated9905€-41k€-125k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-94k€-219k▼
Profit (loss) brought forward from the previous period14P€-52k€-94k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-08
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 30-07-2024
07-02
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collective agreement · event 01-02-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
11-08
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 01-08-2023
2022
31-12
Financial
Weakest financial yearnet €-125k
Net result drops to €-125k, the lowest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
SignalFinancial 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, Montigny-le-Tilleul · 1 establishment unit since 2019
Ground area
900 m²
Building footprint
89 m²
Parcel 52048C0188/00V000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DAN VAL
since 20192.293.170.169
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048C0188/00V000 | Wallonia | 900 m² | 1 · 89 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY HOUTAIN CHAUSSEE DE CHARLEROI, 231,
6220 FLEURUS- .
93809
BELGISCH STAATSBLAD — 05.08.2024 — MONITEUR BELGE
Date provisoire de cessation de paiement : 30/07/2024 |
30-07-2024 → present |
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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 20,495 companies in sector 56111 we hold annual accounts for 11,457. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.