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VM Techno

Open bankruptcy
Private limited company (pre-2019)founded 2000Trichterheideweg 11, 3500 Hasselt, BelgiumKBO/BCE: BE 0472.721.184
Summary

A bankruptcy procedure is open for VM Techno according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-219k) and a net result of €-10k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, micro schema

Equity
€-219k▼ 4.9%
2018 · €-208k
2018: €-208k
2018 → 2019
Total assets
€184k▼ 36.8%
2018 · €290k
2018: €290k
2018 → 2019
Net result
€-10k
2018 · €205k
2018: €205k
2018 → 2019
Working capital
€-355k▼ 12.4%
2018 · €-316k
2018: €-316k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€-208k-€-219k▼ 4.9%
Operating result€217k-€17k▼ 92.1%
Net result€205k-€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2018: €217k€217kNet result 2018: €205k€205kOperating result 2019: €17k€17kNet result 2019: €-10k€-10k20182019€-100k€0€100k€200kOperating result 2018: €217k€217kNet result 2018: €205k€205kOperating result 2019: €17k€17kNet result 2019: €-10k€-10k20182019
The operating result falls in 2019; 2019 is 92% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €184k
Fixed assets €159k ▼ 17.7%
Current assets €24k ▼ 74.8%
Key figures and ratios
2019 value · change against 2018
EBITDA
€59k▼
2018 · €266k
Cash flow
€32k▼
2018 · €254k
Solvency
-119.0%▼
2018 · -71.7%
Current ratio
0.06▼
2018 · 0.24
Quick ratio
0.04▼
2018 · 0.21
Debt to equity
-0.09▲
2018 · -0.40
ROA
-5.5%▼
2018 · 70.7%
Debt
€402k▼
2018 · €499k
Debt ≤ 1 year
€379k▼
2018 · €413k
Debt > 1 year
€20k▼
2018 · €83k
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 · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€290k€184k▼
Fixed assets21/28€194k€159k▼
Tangible fixed assets22/27€193k€159k▼
Financial fixed assets28€725€725=
Current assets29/58€97k€24k▼
Stocks and contracts in progress3€8k€10k▲
Amounts receivable within one year40/41€81k€1k▼
Cash at bank and in hand54/58€8k€13k▲
Equity and liabilities
Total equity and liabilities10/49€290k€184k▼
Equity10/15€-208k€-219k▼
Contributions10/11€20k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-230k€-241k▼
Amounts payable17/49€499k€402k▼
Amounts payable after more than one year17€83k€20k▼
Amounts payable within one year42/48€413k€379k▼
Trade debts44€22k€21k▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€42k▼
Gross operating margin9900€345k€141k▼
Operating profit (loss)9901€217k€17k▼
Recurring financial income75€982€0▼
Recurring financial charges65€10k€23k▲
Profit (loss) for the period before taxes9903€205k€-10k▼
Profit (loss) for the period9904€205k€-10k▼
Profit (loss) for the period to be appropriated9905€205k€-10k▼

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Timeline · acts, filings and financial milestones

2022
22-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 15-09-2022
2021
10-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 222 days late
2019
16-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 138 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
04-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 35 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
22-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 22 days late
2012
27-09
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 58 days late
2011
31-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 31 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Hasselt · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
3.9 ha
Building footprint
1,923 m²
Volume, LiDAR
1,584 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
51 companies at this address See who is registered here
1 establishment unit
Jepun
Hasseltweg 413, 3600 GenkRetail sale of cosmetics and toilet articles
since 20092.178.437.084
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0727/00C000 Flanders 3.7 ha 1 · 1,636 m² -
71306G0215/00F139 Flanders 2,124 m² 1 · 287 m² 8.6 m · 2 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

2 mandates
Role Name Tenure
Curator DANIEL LIBENS
BEEKSTRAAT 26, 3800 SINT-TRUIDEN-
15-09-2022 → present
Curator ANDRE BYVOET
ST.-TRUIDER- STEENWEG 547, 3500 HASSELT
15-09-2022 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Genk2.178.437.084
1 permission
Verkooppunt LM>3 maand · since 09-07-2011

Similar companies · same sector, comparable size

Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,227 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)
Founded11-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
25639Manufacture of fabricated metal products, except machinery and equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
46820Wholesale trade
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.