5K
Inactive5K was declared bankrupt on 04-10-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 30-01-2024, published in the Belgian State Gazette on 07-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○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 · 6 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 13-11-2020, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 105 days after 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 2019, micro schema
Equity
-€44,306▼ 115%
2018 · -€20,628
Total assets
€3,353▼ 54.8%
2018 · €7,424
Net result
-€23,678▲ 0.2%
2018 · -€23,718
Working capital
-€27,989▼ 25.4%
2018 · -€22,328
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
Line20182019
Operating result-€23,123--€21,342▲ 7.7%
Net result-€23,718--€23,678▲ 0.2%
Equity-€20,628--€44,306▼ 115%
Total assets€7,424-€3,353▼ 54.8%
Debt€28,052-€47,659▲ 69.9%
Working capital-€22,328--€27,989▼ 25.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,342 in 2019 against €23,123 in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €3,353
Fixed assets
€1,700 =
Current assets
€1,653 ▼ 71.1%
Key figures and ratios
Debt ≤ 1 year
€29,642▲
2018 · €28,052
Debt > 1 year
€18,017
Ratios withheld: a balance sheet total of €3,353 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Gross operating margin9900 | €4,003 | -€19,504 | ▼ 587% |
| Operating profit (loss)9901 | -€23,123 | -€21,342 | ▲ 7.7% |
| Recurring financial charges65 | €504 | €2,335 | ▲ 364% |
| Profit (loss) for the period before taxes9903 | -€23,626 | -€23,678 | ▼ 0.2% |
| Income taxes67/77 | €91 | - | - |
| Profit (loss) for the period9904 | -€23,718 | -€23,678 | ▲ 0.2% |
| Profit (loss) for the period to be appropriated9905 | -€23,718 | -€23,678 | ▲ 0.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €7,424 | €3,353 | ▼ 54.8% |
| Fixed assets21/28 | €1,700 | €1,700 | = |
| Financial fixed assets28 | €1,700 | €1,700 | = |
| Current assets29/58 | €5,724 | €1,653 | ▼ 71.1% |
| Stocks and contracts in progress3 | €1,354 | €1,208 | ▼ 10.8% |
| Amounts receivable within one year40/41 | €4,369 | €445 | ▼ 89.8% |
| Cash at bank and in hand54/58 | €1 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €7,424 | €3,353 | ▼ 54.8% |
| Equity10/15 | -€20,628 | -€44,306 | ▼ 115% |
| Contributions10/11 | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€39,178 | -€62,856 | ▼ 60.4% |
| Amounts payable17/49 | €28,052 | €47,659 | ▲ 69.9% |
| Amounts payable after more than one year17 | - | €18,017 | - |
| Amounts payable within one year42/48 | €28,052 | €29,642 | ▲ 5.7% |
| Trade debts44 | €14,218 | - | - |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€23,718 | -€23,678 | ▲ 0.2% |
| Operating cash flow (approximation) | -€23,718 | -€23,678 | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €0 | - |
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
2024
07-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 30-01-2024
2021
11-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-10-2021
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 20 days late
SignalNBB filing
0 of 10 acts read
About the unread acts
We know of 10 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
10 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 | LUC AUSTRAET AVENUE COMMANDANT
LOTHAIRE 14, 1040 BRUXELLES 4 |
04-10-2021 → 30-01-2024 |