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Vadena

Active
Private limited company (pre-2019)·Overige niet-gespecialiseerde detailhandel· 16 yrs active
Atealaan(HRT) 34 ·2200 Herentals, Belgium
Open bankruptcy
KBO/BCE: BE 0823.854.355
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age16 yrs
Staff (FTE)2.8
Real estate2 parcels · 17.9 ha

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for Vadena according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €23k and a net result of €-8k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
28-04-2025
Bankruptcy Opening
Date: 22-04-2025 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · VADENA BV ATEALAAN 34, 2200 HERENTALS · Publications in State Gazette ↗

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-08-2024, 22 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 22-08-2024 22 d late 2024-00365390
31-12-2022 31-07-2023 28-08-2023 28 d late 2023-00361835
31-12-2021 31-07-2022 22-08-2022 22 d late 2022-20313842
31-12-2020 31-07-2021 24-09-2021 55 d late 2021-68200367
31-12-2019 31-07-2020 21-08-2020 21 d late 2020-43200148
31-12-2018 31-07-2019 13-08-2019 13 d late 2019-45900249
31-12-2017 31-07-2018 30-08-2018 30 d late 2018-57700159
31-12-2016 31-07-2017 31-08-2017 31 d late 2017-58200483
31-12-2015 31-07-2016 31-08-2016 31 d late 2016-58900401
31-12-2014 31-07-2015 30-09-2015 61 d late 2015-63900085

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

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 Flags

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-8k
Working capital€16k-60.5%
Directors1

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 22-08-2024 with the NBB · fiscal year 2023 · verkort
€-100k€-50k€0€50kOperating result 2019: €3k€3kNet result 2019: €-51k€-51kOperating result 2020: €26k€26kNet result 2020: €-27k€-27kOperating result 2021: €6k€6kNet result 2021: €3k€3kOperating result 2022: €52k€52kNet result 2022: €32k€32kOperating result 2023: €-3k€-3kNet result 2023: €-8k€-8k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 13.0% 23.1%
better than 37% of 1069 sector peers
Net result €-8k €25k
better than 24% of 1068 sector peers
Equity €23k €132k
better than 27% of 1070 sector peers
Gross operating margin €122k €202k
better than 35% of 1068 sector peers
Staff costs €104k €151k
higher than 35% of 810 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P37
2020: P10 · n=5362021: P14 · n=6772022: P42 · n=9042023: P37 · n=10692020 2023
Improving position over 2020-2023 · n=536-1069
Net result P24
2020: P47 · n=5362021: P29 · n=6752022: P54 · n=9052023: P24 · n=10682020 2023
Weakening position over 2020-2023 · n=536-1068
Equity P27
2020: P13 · n=5362021: P15 · n=6772022: P28 · n=9052023: P27 · n=10702020 2023
Improving position over 2020-2023 · n=536-1070
Gross operating margin P35
2020: P23 · n=5362021: P23 · n=6752022: P39 · n=9032023: P35 · n=10682020 2023
Improving position over 2020-2023 · n=536-1068
Describes the position versus peers, not a forecast.
EBITDA
€9k
-86.3% 18-23
Net profit
€-8k
- 18-23
Cash flow
€4k
-91.7% 18-23
Total assets
€179k
+3.6% 18-23
Equity
€23k
-24.8% 18-23
Working capital
€16k
-60.5% 18-23
Employees (FTE)
3
+21.7% 18-23
Staff costs
€104k
+63.9% 18-23
Debt
€156k
+9.7% 18-23
Debt ≤ 1y
€122k
+51.5% 18-23
Debt > 1y
€18k
-59.6% 18-23
Current ratio
1.13
-24.4% 18-23
Quick ratio
1.13
-24.4% 18-23
Solvency
13.0%
-27.4% 18-23
Debt / equity
6.70
+46.0% 18-23
ROE
-33.0%
- 18-23
ROA
-4.3%
- 18-23
Interest coverage
1.73
-84.4% 18-23
Figures by fiscal year
Fiscal year2023
Depositverkort
Revenue-
EBITDA€9k
Net profit€-8k
Cash flow€4k
Staff costs€104k
Income taxes-
Dividends-
Total assets€179k
Equity€23k
Debt€156k
of which ≤ 1y€122k
of which > 1y€18k
Working capital€16k
Employees (FTE)2.8
Ratios (computed)
2023
Current ratio1.13
Quick ratio1.13
Working capital ratio8.8%
Solvency13.0%
Debt / equity6.70
Long-term debt ratio0.78
Interest coverage1.73
Gross margin-
Net margin-
ROA-4.3%
ROE-33.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€179k
Fixed assets 21/28€41k
Tangible fixed assets 22/27€41k
Current assets 29/58€138k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€179k
Equity 10/15€23k
Contributions / capital 10/11€19k
Reserves 13€4k
Accumulated profits (losses) 14€1k
Amounts payable 17/49€156k
Amounts payable after one year 17€18k
Amounts payable within one year 42/48€122k
Trade debts payable within one year 44€94k
Income statement
Gross operating margin 9900€122k
Operating result 9901€-3k
Financial charges 65€5k
Result before taxes 9903€-8k
Net result for the period 9904€-8k
Result to be appropriated 9905€-8k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · 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.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

4 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator STEVEN HEYLEN
VLAKKE VELDEN 1, 2270 HERENT- HOUT
 22-04-2025 → present Belgian State Gazette

Legal Structure

NACE primary Overige niet-gespecialiseerde detailhandel(47120)
Legal form Private limited company (pre-2019)(015)
Incorporation10-03-2010
StatusActive
Postal code2200
First BS signal 28-04-2025
Latest BS signal 28-04-2025

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
VADENA
Lostraat 70, 2220 Heist-op-den-BergEetgelegenheden met volledige bediening
since 20202.299.612.157
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area17.9 ha
Buildings2
Building footprint4.5 ha
Volume (LiDAR)816 m³
Tallest building6.4 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302D0060/00S000 Flanders 17.8 ha 1 · 4.5 ha -
12014K0525/02B000 Flanders 1,024 m² 1 · 208 m² 6.4 m · 1 fl.
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
28-04-2025
Bankruptcy Opening
Date: 22-04-2025 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · VADENA BV ATEALAAN 34, 2200 HERENTALS · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-04-28 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
Address history · 1
03-02-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
03-02-2025 Registered office moved from Hallaar to Herentals Registered-office change
  • Oude Liersebaan 48 L, 2220 Hallaar → Atealaan 34 2200 Herentals

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability0Solvency23Growth78Stability0
20 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 23
Growth 78
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 705 of the 13,154 companies in this sector. 530 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Schoonheidsverzorging96022Schoonheidsverzorging en andere schoonheidsbehandelingen96220
Primary activity highlighted.
Names & trade names
Legal nameNL Vadena
Registered office
Atealaan(HRT) 34
2200 Herentals, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.