Active BE 0478.770.422Private limited companyOpen bankruptcy

V-TAX

Wiedauwkaai 98-99 ·9000 Gent, Belgium· 23 yrs active

Sector: Diensten voor personenvervoer op aanvraag per voertuig met chauffeur (49330)

Conclusion Checked

A bankruptcy procedure is open for V-TAX according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-131k) and a net result of €-642k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-131k
Net result	€-642k
Staff (FTE)	83.1
Better than sector	11%

Financial profile 5 of 5 axes measured · computed by Checked

35 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 42

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 06-07-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-8.0%	27.0%	better than 11% of 159 sector peers
Net result	€-642k	€24k	better than 5% of 159 sector peers
Equity	€-131k	€165k	better than 8% of 159 sector peers
Gross operating margin	€2.79M	€532k	better than 95% of 159 sector peers
Staff costs	€2.99M	€464k	higher than 95% of 133 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-249k

- 18-22

Net profit

€-642k

- 18-22

Cash flow

€-369k

- 18-22

Total assets

€1.64M

-13.6% 18-22

Equity

€-131k

- 18-22

Working capital

€-176k

- 18-22

Employees (FTE)

83

-10.5% 18-22

Staff costs

€2.99M

+7.0% 18-22

Show 12 other metrics

Income taxes

€-58k

- 18-22

Dividends

€80k

- 18-22

Debt

€1.77M

+27.7% 18-22

Debt ≤ 1y

€1.48M

+31.4% 18-22

Debt > 1y

€289k

+17.2% 18-22

Current ratio

0.88

-26.0% 18-22

Quick ratio

0.88

-26.0% 18-22

Solvency

-8.0%

- 18-22

Debt / equity

-13.55

- 18-22

ROE

491.2%

+1239.5% 18-22

ROA

-39.1%

- 18-22

Interest coverage

-1.73

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	-
EBITDA	€-249k
Net profit	€-642k
Cash flow	€-369k
Staff costs	€2.99M
Income taxes	-
Dividends	-
Total assets	€1.64M
Equity	€-131k
Debt	€1.77M
of which ≤ 1y	€1.48M
of which > 1y	€289k
Working capital	€-176k
Employees (FTE)	83.1

Ratios (computed)

	2022
Current ratio	0.88
Quick ratio	0.88
Working capital ratio	-10.8%
Solvency	-8.0%
Debt / equity	-13.55
Long-term debt ratio	-2.21
Interest coverage	-1.73
Gross margin	-
Net margin	-
ROA	-39.1%
ROE	491.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €335k · 20.4% Current assets €1.30M · 79.6%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.64M
Fixed assets	21/28	€335k
Intangible fixed assets	21	€124
Tangible fixed assets	22/27	€332k
Financial fixed assets	28	€3k
Current assets	29/58	€1.30M
Amounts receivable within one year	40/41	€1.17M
Cash & bank	54/58	€115k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.64M
Equity	10/15	€-131k
Contributions / capital	10/11	€125k
Reserves	13	€623k
Accumulated profits (losses)	14	€-879k
Amounts payable	17/49	€1.77M
Amounts payable after one year	17	€289k
Amounts payable within one year	42/48	€1.48M
Trade debts payable within one year	44	€340k
Income statement
Gross operating margin	9900	€2.79M
Operating result	9901	€-521k
Financial income	75	€23k
Financial charges	65	€143k
Result before taxes	9903	€-642k
Net result for the period	9904	€-642k
Result to be appropriated	9905	€-642k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	BENNY GOOSSENS TOLPOORTSTRAAT 145, 9800 DEINZE	22-08-2024 → present	Belgian State Gazette
Curator	PIETER HUYGHE SAVAANSTRAAT 72, 9000 GENT	22-08-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Diensten voor personenvervoer op aanvraag per voertuig met chauffeur(49330)
Legal form	Private limited company(610)
Incorporation	14-11-2002
Status	Active
Postal code	9000
First BS signal	28-08-2024
Latest BS signal	28-08-2024

Establishment units 1 location

V-TAX

Wiedauwkaai 98-99, 9000 Gentde exploitatie van taxi's

since 20032.114.777.667

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44813T0080/00W007	Flanders	1.0 ha	1 · 5,072 m²	14.7 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

28-08-2024

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · V-TAX BV WIEDAUWKAAI 98-9, 9000 GENT · event 22-08-2024

2023

06-07-2023