VARTAGO
0831.686.413 · rovalta.com · 23/09/2026
OPENING OF BANKRUPTCY
VARTAGO
Financial year 2021 · closed on 31/12/2021
Net result
-27,5 k €
+8.9% YoY
Gross margin
8,8 k €
-88.4% YoY
Equity
4,8 k €
+163.3% YoY
Company — Opening of bankruptcy.
Overview
What does VARTAGO do?
VARTAGO is a Private company with limited liability incorporated in 2010. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Maldegem.
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0831.686.413
Incorporation
07/12/2010
Legal form
Private company with limited liability
Registered office
Bogaardestraat 236 box A
9990 Maldegem · FlandreSee on map
9990 Maldegem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Activities (NACE)
47120Retail sale in non-specialised stores· main47910Retail sale via mail order houses or via Internet47525Retail sale of hardware, paints and glass in specialised stores47525Retail sale of hardware, paints and glass in specialised stores81300Landscape service activities81300Landscape service activities
Joint committees (2)
- 145
- 218
Signals
Positive cashflowPositive EBITDA
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Financials
Trend over 6 financial years
| 2021 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Gross margin | 8,8 k € | -88.4% | 75,9 k € | +41.2% | 53,8 k € | -49.8% | 107 k € | +157% | 41,6 k € | -51.6% | 85,9 k € |
| EBITDA | 7,2 k € | -38.3% | 11,6 k € | +650% | 1,6 k € | -96.2% | 40,5 k € | +1378% | 2,7 k € | -94.7% | 51,8 k € |
| Operating result | -22,4 k € | -5.8% | -21,2 k € | -1.0% | -21 k € | -212% | 18,8 k € | +1843% | 968 € | -96.6% | 28,3 k € |
| Net result | -27,5 k € | +8.9% | -30,2 k € | -31.0% | -23,1 k € | -302% | 11,4 k € | +329% | -5 k € | -124% | 20,6 k € |
| Balance sheet | |||||||||||
| Equity | 4,8 k € | +163% | -7,7 k € | -134% | 22,6 k € | -50.6% | 45,6 k € | +33.3% | 34,2 k € | -12.7% | 39,2 k € |
| Total assets | 241,5 k € | -22.2% | 310,4 k € | -14.2% | 361,9 k € | +148% | 146 k € | +44.6% | 101 k € | +2.8% | 98,2 k € |
| Cash | 3,2 k € | -7.5% | 3,5 k € | -69.9% | 11,5 k € | -42.0% | 19,8 k € | +140% | 8,2 k € | -5.9% | 8,8 k € |
| Debts | 236,6 k € | -25.6% | 318 k € | -6.3% | 339,3 k € | +238% | 100,3 k € | +50.4% | 66,7 k € | +13.1% | 59 k € |
| Other | |||||||||||
| Workforce | – | 2,6 ETP | +23.8% | 2,1 ETP | +16.7% | 1,8 ETP | +12.5% | 1,6 ETP | +14.3% | 1,4 ETP | |
Governance
Board of directors
Seen on filing of 31/12/2021 · 2 active · 2 ended
Active mandates
Houthoofd Mieke
ActiveWouter Crucke
ActiveEnded mandates
Wouter Crucke
EndedWOUTER CRUCKE
EndedFinancials
Annual accounts
Full financial information
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 | 01/01/2016 |
| Closing of the financial year | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 | 31/12/2016 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/07/2022 | 25/06/2021 | 22/07/2020 | 27/03/2019 | 27/07/2018 | 31/08/2017 |
| General meeting | 13/06/2022 | 14/06/2021 | 30/06/2020 | 05/03/2019 | 30/06/2018 | 31/07/2017 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
11 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2021 | 13/06/2022 | 01/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 14/06/2021 | 25/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 22/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 05/03/2019 | 27/03/2019 | Dutch | |
| Micro model | 31/12/2017 | 30/06/2018 | 27/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 31/07/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 13/06/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 22/05/2015 | 16/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 21/03/2014 | 22/04/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/04/2013 | 28/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/06/2012 | 03/07/2012 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2021 · 2 active · 2 ended
Active mandates
Houthoofd Mieke
ActiveWouter Crucke
ActiveEnded mandates
Wouter Crucke
EndedWOUTER CRUCKE
EndedShareholders
Ownership and network
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Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2021Annual accounts 2021-27,5 k €↑
- 2015Annual accounts 2015-30,2 k €↓
- 2014Annual accounts 2014-23,1 k €↓
- 2013Annual accounts 201311,4 k €↑
- 2012Annual accounts 2012-5 k €↓
- 2011Annual accounts 201120,6 k €
- 07/12/2010IncorporationPrivate company with limited liability