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A & J PROJECTS

Inactive
KBO/BCE: BE 0762.456.424

A & J PROJECTS was declared bankrupt on 13-12-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 12-09-2023, published in the Belgian State Gazette on 06-10-2023.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Two 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 · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 11-07-2022, 20 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2021
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2021 accounts 20 days before the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (1)
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

History

A & J PROJECTS has filed annual accounts once, for fiscal year 2021.1 The company was declared bankrupt on 13 December 2022; the bankruptcy was closed on 12 September 2023.23

  1. 1National Bank, annual accounts 2021
  2. 2Belgian State Gazette, 19-12-2022
  3. 3Belgian State Gazette, 06-10-2023

Financials · fiscal year 2021, micro schema

Equity
€5,251
Total assets
€27,602
Net result
-€4,749
Working capital
€866

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €27,602
Fixed assets €18,634
Current assets €8,968
Equity and liabilities €27,602
Equity €5,251
Debt €22,351
Debt finances 81.0% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€2,604
Cash flow
€1,173
Current ratio
1.11
Debt to equity
4.26
ROE
-90.4%
ROA
-17.2%
Interest coverage
1.82
Debt ≤ 1 year
€8,102
Debt > 1 year
€13,950
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 34 lines
Balance sheet Code2021
Assets
Total assets20/58€27,602
Fixed assets21/28€18,634
Tangible fixed assets22/27€18,634
Plant, machinery and equipment23€1,019
Furniture and vehicles24€17,615
Current assets29/58€8,968
Amounts receivable within one year40/41€1,676
Other amounts receivable41€1,676
Cash at bank and in hand54/58€7,292
Equity and liabilities
Total equity and liabilities10/49€27,602
Equity10/15€5,251
Contributions10/11€10,000
Profit (loss) carried forward14-€4,749
Amounts payable17/49€22,351
Amounts payable after more than one year17€13,950
Financial debts170/4€13,950
Amounts payable within one year42/48€8,102
Current portion of amounts payable after more than one year42€3,952
Trade debts44€757
Suppliers440/4€757
Taxes, remuneration and social security45€3,000
Remuneration and social security454/9€3,000
Other amounts payable47/48€393
Accrued charges and deferred income492/3€300
Income statement Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,923
Other operating charges640/8€349
Gross operating margin9900€2,953
Operating profit (loss)9901-€3,318
Financial charges65/66B€1,431
Recurring financial charges65€1,431
Profit (loss) for the period before taxes9903-€4,749
Profit (loss) for the period9904-€4,749
Profit (loss) for the period to be appropriated9905-€4,749
Appropriation of the result
Profit (loss) to be appropriated9906-€4,749

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,923
Other operating charges640/8€349
Gross operating margin9900€2,953
Operating profit (loss)9901-€3,318
Financial charges65/66B€1,431
Recurring financial charges65€1,431
Profit (loss) for the period before taxes9903-€4,749
Profit (loss) for the period9904-€4,749
Profit (loss) for the period to be appropriated9905-€4,749
Line2021
Assets
Total assets20/58€27,602
Fixed assets21/28€18,634
Tangible fixed assets22/27€18,634
Plant, machinery and equipment23€1,019
Furniture and vehicles24€17,615
Current assets29/58€8,968
Amounts receivable within one year40/41€1,676
Other amounts receivable41€1,676
Cash at bank and in hand54/58€7,292
Equity and liabilities
Total equity and liabilities10/49€27,602
Equity10/15€5,251
Contributions10/11€10,000
Profit (loss) carried forward14-€4,749
Amounts payable17/49€22,351
Amounts payable after more than one year17€13,950
Financial debts170/4€13,950
Amounts payable within one year42/48€8,102
Current portion of amounts payable after more than one year42€3,952
Trade debts44€757
Suppliers440/4€757
Taxes, remuneration and social security45€3,000
Remuneration and social security454/9€3,000
Other amounts payable47/48€393
Accrued charges and deferred income492/3€300
Line2021
Profit (loss) for the period9904-€4,749
+ Depreciation and write-downs630€5,923
Operating cash flow (approximation)€1,173

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
06-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 12-09-2023
2022
19-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 13-12-2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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

2 mandates
Role Name Tenure
Curator RUDI VAN GOMPEL
DORP 8, 2360 OUD-TURNHOUT-
13-12-2022 → 12-09-2023
Curator TOM ROBEYNS
DORP 8, 2360 OUD-TURNHOUT-
13-12-2022 → 12-09-2023