A1
InactiveA1 was declared bankrupt on 23-02-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 16-07-2024, published in the Belgian State Gazette on 01-08-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 29-09-2020, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 60 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
€22,794▼ 1.4%
2018 · €23,126
Total assets
€24,896▼ 20.4%
2018 · €31,263
Net result
-€332
2018 · €1,739
Working capital
€22,794▼ 1.4%
2018 · €23,126
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€1,821--€284
Net result€1,739--€332
Equity€23,126-€22,794▼ 1.4%
Total assets€31,263-€24,896▼ 20.4%
Debt€8,137-€2,102▼ 74.2%
Working capital€23,126-€22,794▼ 1.4%
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 2019: a loss of €284 after €1,821 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €24,896
Equity
€22,794 ▼ 1.4%
Debt
€2,102 ▼ 74.2%
Debt's share of the balance-sheet total falls from 26.0% to 8.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
11.84▲
2018 · 3.84
ROE
-1.5%▼
2018 · 7.5%
ROA
-1.3%▼
2018 · 5.6%
Debt ≤ 1 year
€2,102▼
2018 · €8,137
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 | €1,821 | -€226 | ▼ 112% |
| Operating profit (loss)9901 | €1,821 | -€284 | ▼ 116% |
| Recurring financial charges65 | €82 | €48 | ▼ 41.2% |
| Profit (loss) for the period before taxes9903 | €1,739 | -€332 | ▼ 119% |
| Profit (loss) for the period9904 | €1,739 | -€332 | ▼ 119% |
| Profit (loss) for the period to be appropriated9905 | €1,739 | -€332 | ▼ 119% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €31,263 | €24,896 | ▼ 20.4% |
| Current assets29/58 | €31,263 | €24,896 | ▼ 20.4% |
| Amounts receivable within one year40/41 | €31,248 | €24,768 | ▼ 20.7% |
| Cash at bank and in hand54/58 | €15 | €128 | ▲ 732% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €31,263 | €24,896 | ▼ 20.4% |
| Equity10/15 | €23,126 | €22,794 | ▼ 1.4% |
| Contributions10/11 | €93,600 | €93,600 | = |
| Reserves13 | €267 | €267 | = |
| Profit (loss) carried forward14 | -€70,741 | -€71,072 | ▼ 0.5% |
| Amounts payable17/49 | €8,137 | €2,102 | ▼ 74.2% |
| Amounts payable within one year42/48 | €8,137 | €2,102 | ▼ 74.2% |
| Trade debts44 | €7,551 | €2,102 | ▼ 72.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,739 | -€332 | ▼ 119% |
| Operating cash flow (approximation) | €1,739 | -€332 | ▼ 119% |
| Change in cash | - | €113 | - |
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
01-08
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · event 16-07-2024
2023
02-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 23-02-2023
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 375 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 11.84
Current ratio from 3.84 to 11.84; short-term debt falls from €8,137 to €2,102.
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 36 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
16-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 47 days late
16-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 412 days late
2012
04-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
14-06
NBB filing
Annual accounts filed
fiscal year 2010 · 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.
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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 | CHRISTOPHE CELIS GRASBOS 35, 3294 MOLENSTEDE- |
23-02-2023 → 16-07-2024 |