VanVin
Open bankruptcyA bankruptcy procedure is open for VanVin according to publications in the Belgian State Gazette; curator: STEFFI VANHULLE.
Summary
The 2024 annual accounts show equity of €5k and a net result of €-43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-43k
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 90.4%
2023 · €48k
2018: €60k
2019: €102k
2020: €85k
2021: €99k
2022: €77k
2023: €48k
2018 → 2024
Total assets
€61k▼ 31.7%
2023 · €89k
2018: €144k
2019: €142k
2020: €112k
2021: €134k
2022: €125k
2023: €89k
2018 → 2024
Net result
€-43k▼ 49.9%
2023 · €-29k
2018: €-35k
2019: €41k
2020: €-16k
2021: €14k
2022: €-22k
2023: €-29k
2018 → 2024
Working capital
€-13k
2023 · €23k
2018: €21k
2019: €69k
2020: €55k
2021: €66k
2022: €48k
2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€85k-€99k▲ 16.1%€77k▼ 22.4%€48k▼ 37.6%€5k▼ 90.4%
Operating result€-15k-€15k€-17k€-21k▼ 21.1%€-38k▼ 83.7%
Net result€-16k-€14k€-22k€-29k▼ 30.4%€-43k▼ 49.9%
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 €38k in 2024 against €21k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61k
Fixed assets
€18k ▼ 27.9%
Current assets
€43k ▼ 33.2%
Equity and liabilities €61k
Equity
€5k ▼ 90.4%
Debt
€56k ▲ 36.6%
Debt's share of the balance-sheet total rises from 46.2% to 92.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-31k▼
2023 · €-13k
Cash flow
€-37k▼
2023 · €-21k
Current ratio
0.77▼
2023 · 1.57
Quick ratio
0.58▼
2023 · 1.26
Debt to equity
12.15▲
2023 · 0.86
ROE
-937.0%▼
2023 · -60.3%
ROA
-71.2%▼
2023 · -32.4%
Interest coverage
-5.75▼
2023 · -1.52
Debt ≤ 1 year
€56k▲
2023 · €41k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€89k€61k▼
Fixed assets21/28€25k€18k▼
Tangible fixed assets22/27€19k€12k▼
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24€351€0▼
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€5k€5k=
Current assets29/58€65k€43k▼
Stocks and contracts in progress3€13k€10k▼
Stocks30/36€13k€10k▼
Amounts receivable within one year40/41€28k€17k▼
Trade receivables40€20k€8k▼
Other amounts receivable41€8k€9k▲
Cash at bank and in hand54/58€23k€15k▼
Deferred charges and accrued income490/1€374€0▼
Equity and liabilities
Total equity and liabilities10/49€89k€61k▼
Equity10/15€48k€5k▼
Contributions10/11€6k€6k=
Reserves13€93k€93k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€-51k€-94k▼
Amounts payable17/49€41k€56k▲
Amounts payable within one year42/48€41k€56k▲
Trade debts44€36k€33k▼
Suppliers440/4€36k€33k▼
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€5k€12k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€927€554▼
Income statement
Code20232024
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€51€163▲
Gross operating margin9900€-13k€-31k▼
Operating profit (loss)9901€-21k€-38k▼
Financial income75/76B€178€46▼
Recurring financial income75€178€46▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€-29k€-43k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-29k€-43k▼
Profit (loss) for the period to be appropriated9905€-29k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-94k▼
Profit (loss) brought forward from the previous period14P€-22k€-51k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 02-12-2025
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 104 days late
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 469 days late
2024
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 200 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.26 to 2.79; short-term debt falls from €82k to €38k.
31-12
Financial
Equity above €100kEq €102k ▲67.9%
Equity rises from €60k to €102k.
Show earlier events
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Meise · 1 establishment unit since 2010
Ground area
771 m²
Building footprint
189 m²
Volume, LiDAR
1,197 m³
Parcel 23093G0399/02R000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BARADOUZ
since 20102.184.525.914
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093G0399/02R000 | Flanders | 771 m² | 1 · 188 m² | 8.8 m · 2 fl. |
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 | STEFFI VANHULLE GROTE BAAN 68, 9120 BEVEREN-
KRUIBEKE-ZWIJNDRECHT |
02-12-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMeise2.184.525.914
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 4,816 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)
Founded19-01-2010
Fiscal year end31-12
Trade name NL
Baradouz
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.