Bankrupt · Opening faillissement (CBE)

V-TAX

BE0478770422

Rechtspersoon Private limited company 1 establishment

V-TAX is a transport company in Gent. Private Limited, started on 14 November 2002, 1 establishment.

Wiedauwkaai 98-99, 9000 Gent

Behind the company: MS CONSULTING BV.

Start date

14 November 2002

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

V-TAX from Gent, company number BE0478770422, closed financial year 2022 with a result of € -641,519 after tax. For that financial year V-TAX recorded a gross margin of € 2.8 million and equity of € -130,613. Compared with financial year 2021, the result moved from € 187,337 to € -641,519. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2023.

What it is worth Caution

€ -130,613

▼ € 641,519 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -641,519

▼ still € 187,337 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 115,186

▼ 37% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -255,613.

People and assets in 2022

Full-time equivalents

83.1

▼ 9.8 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 3 million

▲ 7% vs 2021

€ 35,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 244,514

▼ 44% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 2 years to go

€ 661,494

▲ 49% vs 2021

€ 372,383 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 340,105

▼ 16% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 751,369

▲ 120% vs 2021

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 3,302,679 € 2,785,342 ▼ 16%
Profit after taxes € 187,337 € -641,519 ▼ € 828,856
Equity € 510,906 € -130,613 ▼ € 641,519
Total debts € 1,386,102 € 1,770,423 ▲ 28%
Cash € 183,067 € 115,186 ▼ 37%
Retained profit € 385,906 € -255,613 ▼ € 641,519
Bank debt € 444,778 € 661,494 ▲ 49%
Balance sheet total € 1,897,008 € 1,639,810 ▼ 14%
Employees (FTE) 92.9 83.1 ▼ 9.8

Key figures of V-TAX, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to V-TAX?

What happened at V-TAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

V-TAX is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 641,519 (▼ € 828,856 vs 2021). Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 187,337 profit in 2021 to € 641,519 loss in 2022.

Best year ever: 2021, with € 187,337 profit.

On average € 33,500 of value added per employee in 2022.

Management

AIRCASELL 100%

The stake of AIRCASELL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

V-TAX

Behind V-TAX is MS CONSULTING BV. The shares are held by AIRCASELL (100%).

Directors

According to the 2022 annual accounts

MS CONSULTING BV

bestuurder · represented by MARTIJN STEENHAUT

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Wiedauwkaai 98-99

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0478.770.422
VAT number
BE 0478.770.422
Registered office
Wiedauwkaai 98-99, 9000 Gent
Names & denominations
V-TAX
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 November 2002
Peppol
Not registered
Activities · NACE

Diensten voor personenvervoer op aanvraag per voertuig met chauffeur

Exploitatie van taxi's

Frequently asked questions

What does V-TAX do?
V-TAX is a transport company in Gent. Private Limited, started on 14 November 2002, 1 establishment.
What is the address of V-TAX?
The registered office of V-TAX is located at Wiedauwkaai 98-99, 9000 Gent.
Is V-TAX still active?
No. The CBE lists V-TAX with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is V-TAX registered on Peppol?
No, V-TAX is currently not registered on the Peppol network.
What is the enterprise number of V-TAX?
The enterprise number of V-TAX is BE0478770422.
When was V-TAX founded?
V-TAX was founded on 14 November 2002.