4ICT-ENTERPRISE
InactiveSignals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-06-2020, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2020
not filed
2019
31 d early
2018
45 d early
2017
32 d early
2016
71 d late
2015
30 d late
2014
235 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 38 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, micro schema
Equity
€109,241▲ 139%
2018 · €45,706
Total assets
€148,603▲ 30.6%
2018 · €113,762
Net result
€63,535▲ 68.8%
2018 · €37,646
Working capital
€108,825▲ 154%
2018 · €42,797
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€46,597-€76,375▲ 63.9%
Net result€37,646-€63,535▲ 68.8%
Equity€45,706-€109,241▲ 139%
Total assets€113,762-€148,603▲ 30.6%
Debt€68,056-€39,362▼ 42.2%
Working capital€42,797-€108,825▲ 154%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 64% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €148,603
Fixed assets
€416 ▼ 85.7%
Current assets
€148,187 ▲ 33.7%
Equity and liabilities €148,603
Equity
€109,241 ▲ 139%
Debt
€39,362 ▼ 42.2%
Debt's share of the balance-sheet total falls from 59.8% to 26.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78,868▲
2018 · €50,316
Cash flow
€66,028▲
2018 · €41,365
Current ratio
3.76▲
2018 · 1.63
ROE
58.2%▼
2018 · 82.4%
ROA
42.8%▲
2018 · 33.1%
Debt ≤ 1 year
€39,362▼
2018 · €68,056
Income taxes
€17,310▲
2018 · €11,982
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,719 | €2,493 | ▼ 33.0% |
| Gross operating margin9900 | €51,985 | €79,605 | ▲ 53.1% |
| Operating profit (loss)9901 | €46,597 | €76,375 | ▲ 63.9% |
| Recurring financial income75 | €3,638 | €5,242 | ▲ 44.1% |
| Recurring financial charges65 | €607 | €771 | ▲ 27.0% |
| Profit (loss) for the period before taxes9903 | €49,628 | €80,845 | ▲ 62.9% |
| Income taxes67/77 | €11,982 | €17,310 | ▲ 44.5% |
| Profit (loss) for the period9904 | €37,646 | €63,535 | ▲ 68.8% |
| Profit (loss) for the period to be appropriated9905 | €37,646 | €63,535 | ▲ 68.8% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €113,762 | €148,603 | ▲ 30.6% |
| Fixed assets21/28 | €2,909 | €416 | ▼ 85.7% |
| Tangible fixed assets22/27 | €2,904 | €411 | ▼ 85.8% |
| Financial fixed assets28 | €5 | €5 | = |
| Current assets29/58 | €110,854 | €148,187 | ▲ 33.7% |
| Amounts receivable within one year40/41 | €55,896 | €25,942 | ▼ 53.6% |
| Cash at bank and in hand54/58 | €4,944 | €2,244 | ▼ 54.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €113,762 | €148,603 | ▲ 30.6% |
| Equity10/15 | €45,706 | €109,241 | ▲ 139% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €37,646 | €101,181 | ▲ 169% |
| Amounts payable17/49 | €68,056 | €39,362 | ▼ 42.2% |
| Amounts payable within one year42/48 | €68,056 | €39,362 | ▼ 42.2% |
| Trade debts44 | €862 | €362 | ▼ 58.0% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37,646 | €63,535 | ▲ 68.8% |
| + Depreciation and write-downs630 | €3,719 | €2,493 | ▼ 33.0% |
| Operating cash flow (approximation) | €41,365 | €66,028 | ▲ 59.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€2,700 | - |
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
2023
13-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 30-05-2023
2021
05-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 26-10-2021
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.76
Current ratio from 1.63 to 3.76; short-term debt falls from €68,056 to €39,362.
31-12
Financial
Equity above €100,000Eq €109,241 ▲139%
2 profitable years in a row build equity to €109,241.
16-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 71 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 235 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 600 days late
2013
03-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 125 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CATHARINA JANSSENS Kortrijksesteenweg 361, 9000 Gent |
26-10-2021 → 30-05-2023 |