OPENING OF BANKRUPTCY

VG INDUSTRIAL WORK

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Company — Opening of bankruptcy.

Strike-off: 16 septembre 2026

Financial year 2025 · Closed on 31/12/2025

Net result57,6 k €+628,6 %over 1 year
Gross margin272,7 k €+49,7 %over 1 year
Equity-65,6 k €+46,7 %over 1 year

Identity

Source · BCE/KBO

VG INDUSTRIAL WORK is a Private limited company incorporated in 2004. Its registered office is in Frameries.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0863.866.459
Incorporation
05/03/2004
Legal form
Private limited company
Registered office
Avenue des Amériques 11
7080 Frameries · WallonieSee on map
Contributed capital
12 600,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin272,7 k €182,2 k €174,1 k €423,2 k €337,2 k €
EBITDA74 k €-2,9 k €-31,6 k €-12,1 k €41,3 k €
Operating result73,1 k €-4 k €-34,5 k €-17,2 k €12,9 k €
Net result57,6 k €-10,9 k €-40 k €-19,2 k €433 €
Balance sheet
Equity-65,6 k €-123,2 k €-112,3 k €-72,3 k €-45,9 k €
Total assets192,7 k €77,9 k €58,1 k €206 k €588,8 k €
Cash118,6 k €44,6 k €22,9 k €116,9 k €87,4 k €
Debts258,3 k €201,1 k €170,4 k €278,3 k €634,7 k €
Other
Workforce–––13,0 ETP14,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

G-MGT

Director · 1035.375.822

Active
LU7

Director · 1035.375.327

Active

Ended mandates

ANTONIO BARCA

Manager

Ended
David Deghilage

Director

Ended
Mikaël Giannuzzi

Director

Ended

Other companies at this address

Avenue des Amériques 11 7080 Frameries
CompanyCBE no.
CQTECH● Active
0840.795.109
Jean RAES Entreprise● Bankrupt
0470.937.869
LU7● Active
1035.375.327

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202631/08/202522/08/202426/09/202327/10/202226/08/2021
General meeting30/05/202622/07/202525/05/202419/09/202329/09/202225/08/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/05/202618/06/2026FrenchPDF
Micro model31/12/202422/07/202531/08/2025FrenchPDF
Micro model31/12/202325/05/202422/08/2024FrenchPDF
Abridged model31/12/202219/09/202326/09/2023FrenchPDF
Abridged model31/12/202129/09/202227/10/2022FrenchPDF
Abridged model31/12/202025/08/202126/08/2021FrenchPDF
Abridged model31/12/201931/08/202031/08/2020FrenchPDF
Abridged model31/12/201825/05/201926/08/2019FrenchPDF
Abridged model31/12/201726/05/201821/08/2018FrenchPDF
Abridged model31/12/201627/05/201702/08/2017FrenchPDF
Abridged model31/12/201528/05/201629/08/2016FrenchPDF
Abridged model31/12/201430/09/201530/09/2015FrenchPDF
Abridged model31/12/201331/05/201425/08/2014FrenchPDF
Abridged model31/12/201228/10/201331/10/2013FrenchPDF
Abridged model31/12/201126/05/201228/09/2012FrenchPDF
Abridged model31/12/201028/05/201130/08/2011FrenchPDF
Abridged model31/12/200929/05/201030/08/2010FrenchPDF
Abridged model31/12/200830/05/200927/08/2009FrenchPDF
Abridged model31/12/200731/05/200819/08/2008FrenchPDF
Abridged model31/12/200626/05/200730/08/2007FrenchPDF

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 31/12/2025

2 active · 3 ended

Active mandates

G-MGT

Director · 1035.375.822

Active
LU7

Director · 1035.375.327

Active

Ended mandates

ANTONIO BARCA

Manager

Ended
David Deghilage

Director

Ended
Mikaël Giannuzzi

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office10/05/2022
    SIEGE SOCIAL
    PDF
  • Mandates28/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office22/07/2014
    SIEGE SOCIAL
    PDF
  • Registered office02/08/2013
    SIEGE SOCIAL
    PDF
  • Registered office20/10/2011
    SIEGE SOCIAL
    PDF
  • Registered office29/12/2006
    SIEGE SOCIAL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202557,6 k €↑
  2. 2024
    Annual accounts 2024-10,9 k €↑
  3. 2023
    Annual accounts 2023-40 k €↓
  4. 2022
    Annual accounts 2022-19,2 k €↓
  5. 2021
    Annual accounts 2021433 €↑
  6. 2020
    Annual accounts 2020-63,8 k €↓
  7. 2019
    Annual accounts 2019-13 k €↑
  8. 2018
    Annual accounts 2018-25,4 k €↑
  9. 2017
    Annual accounts 2017-192,2 k €↓
  10. 2016
    Annual accounts 2016-116,9 k €↓
  11. 2015
    Annual accounts 201530,6 k €↓
  12. 2014
    Annual accounts 2014189,3 k €↑
  13. 2013
    Annual accounts 201313,6 k €↑
  14. 2012
    Annual accounts 201222 €↓
  15. 2011
    Annual accounts 201158,3 k €↑
  16. 2010
    Annual accounts 201016,1 k €↑
  17. 2009
    Annual accounts 2009-1,3 k €↓
  18. 2008
    Annual accounts 20087 k €↑
  19. 2007
    Annual accounts 20072,8 k €↓
  20. 2006
    Annual accounts 200630,9 k €
  21. 05/03/2004
    IncorporationPrivate limited company