OPENING OF BANKRUPTCY

VBS MACHINERY

Company — Opening of bankruptcy.

Financial year 2019 · Closed on 30/09/2019

Net result2,4 k €-94,2 %over 1 year
Gross margin8,8 k €-88,3 %over 1 year
Equity50,6 k €+0,0 %over 1 year

Identity

Source · BCE/KBO

VBS MACHINERY is a Private company with limited liability incorporated in 1995. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Tielt.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0455.303.152
Incorporation
06/06/1995
Legal form
Private company with limited liability
Registered office
Vrouwenboomstraat 37
8700 Tielt · FlandreSee on map
Latest accounts
30/09/2020
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 13 financial years

20192018201720162015
Income statement
Gross margin8,8 k €75 k €3,8 k €158,4 k €170 k €
EBITDA9,5 k €69,8 k €-15,1 k €100,8 k €68,2 k €
Operating result7,7 k €64,8 k €-28,6 k €80,7 k €42 k €
Net result2,4 k €41,4 k €-23,8 k €58,9 k €13,2 k €
Balance sheet
Equity50,6 k €50,6 k €50,6 k €96,4 k €95,5 k €
Total assets98,6 k €121,9 k €137,1 k €302,6 k €204,6 k €
Cash26,8 k €23,6 k €–96,9 k €53,9 k €
Debts48 k €69,1 k €76,2 k €171,3 k €78,4 k €
Other
Workforce–––1,5 ETP2,1 ETP

Board of directors

Source · NBB, accounts to 30/09/2020

1 active · 4 ended

Active mandates

HERMAN VERDOODT

Manager · since 16 mars 2015 · 0428.570.843

Represented by Verdoodt Herman

Active

Ended mandates

Antoinette De Ryck

Manager · since 09 juin 1995

Ended
Jean-Pierre Vercruysse

Manager · since 09 juin 1995

Ended
HERMAN VERDOODT

Manager · 0428.570.843

Represented by Herman Verdoodt

Ended
HERMAN VERDOODT

Manager · 0428.570.843

Represented by Herman Verdoodt

Ended

Other companies at this address

Vrouwenboomstraat 37 8700 Tielt
CompanyCBE no.
HERMAN VERDOODT● Active
0428.570.843
VNS MACHINERY● Active
0668.499.848

Full financial information

Source · NBB
202020192018201720162015
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/201901/10/201801/10/201701/10/201601/10/201501/10/2014
Closing of the financial year30/09/202030/09/201930/09/201830/09/201730/09/201630/09/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/03/202131/08/202030/04/201906/02/201831/03/201731/03/2016
General meeting04/12/202006/03/202007/12/201801/12/201701/03/201701/03/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202004/12/202022/03/2021DutchPDF
Abridged model30/09/201906/03/202031/08/2020DutchPDF
Abridged model30/09/201807/12/201830/04/2019DutchPDF
Abridged model30/09/201701/12/201706/02/2018DutchPDF
Abridged model30/09/201601/03/201731/03/2017DutchPDF
Abridged model30/09/201501/03/201631/03/2016DutchPDF
Abridged model30/09/201405/12/201406/01/2015DutchPDF
Abridged model30/09/201327/12/201328/02/2014DutchPDF
Abridged model30/09/201203/12/201219/12/2012DutchPDF
Abridged model30/09/201121/12/201106/02/2012DutchPDF
Abridged model30/09/201001/02/201123/02/2011DutchPDF
Abridged model30/09/200931/03/201017/05/2010DutchPDF
Abridged model30/09/200830/03/200924/04/2009DutchPDF
Abridged model30/09/200701/02/200826/02/2008DutchPDF
Abridged model30/09/200602/03/200702/03/2007DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2020

1 active · 4 ended

Active mandates

HERMAN VERDOODT

Manager · since 16 mars 2015 · 0428.570.843

Represented by Verdoodt Herman

Active

Ended mandates

Antoinette De Ryck

Manager · since 09 juin 1995

Ended
Jean-Pierre Vercruysse

Manager · since 09 juin 1995

Ended
HERMAN VERDOODT

Manager · 0428.570.843

Represented by Herman Verdoodt

Ended
HERMAN VERDOODT

Manager · 0428.570.843

Represented by Herman Verdoodt

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision14/04/2021
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates17/08/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2015
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/04/2012
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2019
    Annual accounts 20192,4 k €↓
  2. 2018
    Annual accounts 201841,4 k €↑
  3. 2017
    Annual accounts 2017-23,8 k €↓
  4. 2016
    Annual accounts 201658,9 k €↑
  5. 2015
    Annual accounts 201513,2 k €↓
  6. 2014
    Annual accounts 201424,2 k €↑
  7. 2013
    Annual accounts 201323,9 k €↓
  8. 2012
    Annual accounts 201225,9 k €↑
  9. 2011
    Annual accounts 20111,5 k €↑
  10. 2010
    Annual accounts 20101,4 k €↓
  11. 2009
    Annual accounts 20092 k €↑
  12. 2008
    Annual accounts 2008-10,5 k €↓
  13. 2007
    Annual accounts 20074,3 k €
  14. 06/06/1995
    IncorporationPrivate company with limited liability