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SOUP IN THE CITY

Inactive
KBO/BCE: BE 0808.832.223

Checked score

Score 2020
63 / 100
Healthy▲ +15 vs 2019
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2019
Profitability100=
Solvency67▲+32
Growth52=
Stability-
Credit verdict
No credit on open account
Liquidity short (current ratio 0.05 against 0.33 in 2019), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline11-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 02-08-2021, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
2 d late
2019
151 d late
← before the deadline after the deadline →
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 2020, micro schema

Equity
€22k▲ 137%
2019 · €9k
2018: €377 2019: €9k
2018 → 2020
Total assets
€39k▼ 37.4%
2019 · €63k
2018: €77k 2019: €63k
2018 → 2020
Net result
€13k▲ 43.3%
2019 · €9k
2018: €35k 2019: €9k
2018 → 2020
Working capital
€-9k▲ 68.0%
2019 · €-28k
2018: €-51k 2019: €-28k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€377-€9k▲ 2,323%€22k▲ 137%
Operating result€39k-€12k▼ 69.5%€279▼ 97.7%
Net result€35k-€9k▼ 74.7%€13k▲ 43.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2018: €39k€39kNet result 2018: €35k€35kOperating result 2019: €12k€12kNet result 2019: €9k€9kOperating result 2020: €279€279Net result 2020: €13k€13k201820192020
The operating result has fallen two years in a row; 2020 is 98% below 2019 and is the lowest year so far.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €39k
Fixed assets €39k▼ 20.8%
Current assets €432▼ 96.8%
Equity and liabilities €39k
Equity €22k▲ 137%
Debt €18k▼ 67.2%
The debt ratio falls from 85.4% to 44.7%: equity grows while debt is paid down.
Key figures and ratios
2020 value · change against 2019
EBITDA
€10k
2019 · €22k
Cash flow
€23k
2019 · €19k
Solvency
55.3%
2019 · 14.6%
Current ratio
0.05
2019 · 0.33
Quick ratio
0.05
2019 · 0.25
Debt / equity
0.38
2019 · 1.32
ROE
57.9%
2019 · 95.9%
ROA
32.0%
2019 · 14.0%
Debt
€18k
2019 · €53k
Debt ≤ 1 year
€9k
2019 · €41k
Debt > 1 year
€8k
2019 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet Code20192020
Assets
Total assets20/58€63k€39k
Fixed assets21/28€49k€39k
Intangible fixed assets21€39k€33k
Tangible fixed assets22/27€9k€6k
Financial fixed assets28€420€420=
Current assets29/58€14k€432
Stocks and contracts in progress3€3k-
Amounts receivable within one year40/41€10k-
Cash at bank and in hand54/58€1k€432
Equity and liabilities
Total equity and liabilities10/49€63k€39k
Equity10/15€9k€22k
Contributions10/11€19k€19k=
Reserves13-€2k
Profit (loss) carried forward14€-9k€1k
Amounts payable17/49€53k€18k
Amounts payable after more than one year17€12k€8k
Amounts payable within one year42/48€41k€9k
Trade debts44€22k€2k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Gross operating margin9900€103k€50k
Operating profit (loss)9901€12k€279
Recurring financial income75€1k€13k
Recurring financial charges65€2k€938
Profit (loss) for the period before taxes9903€11k€13k
Income taxes67/77€3k-
Profit (loss) for the period9904€9k€13k
Profit (loss) for the period to be appropriated9905€9k€13k

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Timeline · acts, filings and financial milestones

2025
02-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · SOUP IN THE CITY BV MEERLAAN 5, 9620 ZOTTEGEM · event 25-09-2025
2023
15-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · SOUP IN THE CITY BV MEER- LAAN 5, 9620 ZOTTEGEM · event 09-03-2023
2021
02-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
29-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
31-12
Financial Weakest financial yearnet €9k ▼74.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
08-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
26-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 87 days late
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
01-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
2015
19-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
31-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

2 mandates
Role Name Tenure
Curator LISSA SONCK
EDELAREBERG 24, 9700 OUDENAARDE-
09-03-2023 → present
Curator JO DECRAEYE
EDELAREBERG 24, 9700 OUDENAARDE
09-03-2023 → present