A-1
InactiveA-1 was declared bankrupt on 31-08-2022 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 29-06-2023, published in the Belgian State Gazette on 10-07-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 08-07-2021, 23 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
23 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 2 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 2020, micro schema
Equity
-€87,748▼ 8.4%
2019 · -€80,918
Total assets
€4▼ 99.9%
2019 · €5,570
Net result
-€6,830
2019 · €1,341
Working capital
-€87,748▼ 1.5%
2019 · -€86,444
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
Line201820192020
Operating result€13,312-€1,414▼ 89.4%-€6,787
Net result€13,157-€1,341▼ 89.8%-€6,830
Equity-€82,258--€80,918▲ 1.6%-€87,748▼ 8.4%
Total assets€6,799-€5,570▼ 18.1%€4▼ 99.9%
Debt€89,058-€86,487▼ 2.9%€87,752▲ 1.5%
Working capital-€89,013--€86,444▲ 2.9%-€87,748▼ 1.5%
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 2020: a loss of €6,787 after €1,414 in 2019, the lowest result in the available series.
Key figures and ratios
EBITDA
-€1,261▼
2019 · €2,642
Cash flow
-€1,304▼
2019 · €2,569
Debt ≤ 1 year
€87,752▲
2019 · €86,487
Ratios withheld: a balance sheet total of €4 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 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,228 | €1,228 | €5,526 | ▲ 350% |
| Gross operating margin9900 | €16,029 | €3,050 | -€193 | ▼ 106% |
| Operating profit (loss)9901 | €13,312 | €1,414 | -€6,787 | ▼ 580% |
| Recurring financial charges65 | €154 | €73 | €43 | ▼ 40.8% |
| Profit (loss) for the period before taxes9903 | €13,157 | €1,341 | -€6,830 | ▼ 609% |
| Profit (loss) for the period9904 | €13,157 | €1,341 | -€6,830 | ▼ 609% |
| Profit (loss) for the period to be appropriated9905 | €13,157 | €1,341 | -€6,830 | ▼ 609% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6,799 | €5,570 | €4 | ▼ 99.9% |
| Fixed assets21/28 | €6,754 | €5,526 | - | - |
| Tangible fixed assets22/27 | €6,754 | €5,526 | - | - |
| Current assets29/58 | €45 | €44 | €4 | ▼ 91.2% |
| Cash at bank and in hand54/58 | €45 | €44 | €4 | ▼ 91.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6,799 | €5,570 | €4 | ▼ 99.9% |
| Equity10/15 | -€82,258 | -€80,918 | -€87,748 | ▼ 8.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€100,858 | -€99,518 | -€106,348 | ▼ 6.9% |
| Amounts payable17/49 | €89,058 | €86,487 | €87,752 | ▲ 1.5% |
| Amounts payable within one year42/48 | €89,058 | €86,487 | €87,752 | ▲ 1.5% |
| Trade debts44 | €2,757 | €1,815 | €13,401 | ▲ 638% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,157 | €1,341 | -€6,830 | ▼ 609% |
| + Depreciation and write-downs630 | €1,228 | €1,228 | €5,526 | ▲ 350% |
| Operating cash flow (approximation) | €14,385 | €2,569 | -€1,304 | ▼ 151% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | -€1 | -€40 | ▼ 2,721% |
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
10-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 29-06-2023
2022
07-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 31-08-2022
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€6,830
Net result drops to -€6,830, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 183 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 | VINCENT GEERAERT PRINS BISSCHOPSSINGEL 31,
3500 HASSELT |
31-08-2022 → 29-06-2023 |