3.Z
Inactive3.Z was declared bankrupt on 04-01-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 10-03-2026, published in the Belgian State Gazette on 16-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 07-09-2021, 146 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
146 d early
2020
5 d early
2019
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 49 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€107,787▼ 29.1%
2020 · €151,996
Total assets
€143,169▼ 44.6%
2020 · €258,391
Net result
-€44,208
2020 · €4,707
Working capital
€107,112▼ 22.4%
2020 · €138,067
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€15,313-€6,402▼ 58.2%-€43,779
Net result€9,225-€4,707▼ 49.0%-€44,208
Equity€147,288-€151,996▲ 3.2%€107,787▼ 29.1%
Total assets€249,177-€258,391▲ 3.7%€143,169▼ 44.6%
Debt€101,888-€106,396▲ 4.4%€35,382▼ 66.7%
Working capital€117,908-€138,067▲ 17.1%€107,112▼ 22.4%
Staff (FTE)1.4-2▲ 42.9%1.7▼ 15.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €43,779 after €6,402 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €143,169
Fixed assets
€675 ▼ 97.3%
Current assets
€142,494 ▼ 39.0%
Equity and liabilities €143,169
Equity
€107,787 ▼ 29.1%
Debt
€35,382 ▼ 66.7%
Debt's share of the balance-sheet total falls from 41.2% to 24.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€31,482▼
2020 · €16,516
Cash flow
-€31,911▼
2020 · €14,821
Current ratio
4.03▲
2020 · 2.44
Quick ratio
2.08▼
2020 · 2.44
ROE
-41.0%▼
2020 · 3.1%
ROA
-30.9%▼
2020 · 1.8%
Debt ≤ 1 year
€35,382▼
2020 · €95,682
Income taxes
€139▼
2020 · €1,528
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,127 | €10,113 | €12,297 | ▲ 21.6% |
| Gross operating margin9900 | €63,859 | €45,407 | €20,166 | ▼ 55.6% |
| Operating profit (loss)9901 | €15,313 | €6,402 | -€43,779 | ▼ 784% |
| Recurring financial income75 | €841 | €203 | €228 | ▲ 12.4% |
| Recurring financial charges65 | €652 | €370 | €518 | ▲ 40.1% |
| Profit (loss) for the period before taxes9903 | €15,501 | €6,235 | -€44,069 | ▼ 807% |
| Income taxes67/77 | €6,276 | €1,528 | €139 | ▼ 90.9% |
| Profit (loss) for the period9904 | €9,225 | €4,707 | -€44,208 | ▼ 1,039% |
| Profit (loss) for the period to be appropriated9905 | €9,225 | €4,707 | -€44,208 | ▼ 1,039% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €249,177 | €258,391 | €143,169 | ▼ 44.6% |
| Fixed assets21/28 | €29,381 | €24,642 | €675 | ▼ 97.3% |
| Tangible fixed assets22/27 | €27,781 | €23,043 | - | - |
| Financial fixed assets28 | €1,600 | €1,600 | €675 | ▼ 57.8% |
| Current assets29/58 | €219,796 | €233,749 | €142,494 | ▼ 39.0% |
| Stocks and contracts in progress3 | - | - | €68,739 | - |
| Amounts receivable within one year40/41 | €81,421 | €42,161 | €53,966 | ▲ 28.0% |
| Cash at bank and in hand54/58 | €123,375 | €182,088 | €13,990 | ▼ 92.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €249,177 | €258,391 | €143,169 | ▼ 44.6% |
| Equity10/15 | €147,288 | €151,996 | €107,787 | ▼ 29.1% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €18,785 | €18,785 | €18,785 | = |
| Profit (loss) carried forward14 | €109,903 | €114,611 | €70,402 | ▼ 38.6% |
| Amounts payable17/49 | €101,888 | €106,396 | €35,382 | ▼ 66.7% |
| Amounts payable within one year42/48 | €101,888 | €95,682 | €35,382 | ▼ 63.0% |
| Trade debts44 | €59,654 | €70,971 | €28,629 | ▼ 59.7% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,225 | €4,707 | -€44,208 | ▼ 1,039% |
| + Depreciation and write-downs630 | €12,127 | €10,113 | €12,297 | ▲ 21.6% |
| Operating cash flow (approximation) | €21,352 | €14,821 | -€31,911 | ▼ 315% |
| Investment in fixed assets (approximation) | - | -€5,375 | €11,670 | ▲ 317% |
| Change in cash | - | €58,713 | -€168,098 | ▼ 386% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 10-03-2026
2024
10-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 04-01-2024
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet -€44,208
Net result drops to -€44,208, the lowest in the series.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150,000Eq €151,996 ▲3.2%
2 profitable years in a row build equity to €151,996.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
09-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
07-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
23-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
19-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK BUSSERS VISSERIJSTRAAT 4, 3590 DIEPEN-
BEEK |
04-01-2024 → 10-03-2026 |
Recognitions · licences · registrations
Dual-learning approval
4 endedMetselaar (vwo)
Ruwbouw duaal (so)
Werfbediener (so)
Metselaar (so)