AAARRIBA
InactiveAAARRIBA was declared bankrupt on 29-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 02-04-2024, published in the Belgian State Gazette on 08-04-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four 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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-12-2021, 150 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
150 d late
2019
336 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€26k▼ 29.1%
2019 · €37k
2018: €32k
2019: €37k
2018 → 2020
Total assets
€78k▼ 30.1%
2019 · €112k
2018: €121k
2019: €112k
2018 → 2020
Net result
€-11k
2019 · €4k
2018: €11k
2019: €4k
2018 → 2020
Working capital
€4k
2019 · €-3k
2018: €7k
2019: €-3k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€32k-€37k▲ 13.5%€26k▼ 29.1%
Operating result€21k-€10k▼ 53.4%€-10k
Net result€11k-€4k▼ 61.1%€-11k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €10k after €10k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €78k
Fixed assets
€44k▼ 42.5%
Current assets
€34k▼ 3.7%
Equity and liabilities €78k
Equity
€26k▼ 29.1%
Debt
€52k▼ 30.6%
The debt ratio falls from 67.3% to 66.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2019 · €29k
Cash flow
€3k▼
2019 · €24k
Solvency
33.2%▲
2019 · 32.7%
Current ratio
1.14▲
2019 · 0.93
Quick ratio
1.14▲
2019 · 0.93
Debt / equity
0.85▼
2019 · 1.01
ROE
-41.1%▼
2019 · 11.9%
ROA
-13.6%▼
2019 · 3.9%
Debt
€52k▼
2019 · €75k
Debt ≤ 1 year
€30k▼
2019 · €39k
Debt > 1 year
€22k▼
2019 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€112k€78k▼
Fixed assets21/28€76k€44k▼
Tangible fixed assets22/27€76k€44k▼
Current assets29/58€36k€34k▼
Amounts receivable within one year40/41€919€919=
Cash at bank and in hand54/58€35k€33k▼
Equity and liabilities
Total equity and liabilities10/49€112k€78k▼
Equity10/15€37k€26k▼
Contributions10/11€19k-
Reserves13€13k€13k=
Profit (loss) carried forward14€5k€-5k▼
Amounts payable17/49€75k€52k▼
Amounts payable after more than one year17€37k€22k▼
Amounts payable within one year42/48€39k€30k▼
Trade debts44€2k€0▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€14k▼
Gross operating margin9900€32k€4k▼
Operating profit (loss)9901€10k€-10k▼
Recurring financial income75€31€0▼
Recurring financial charges65€2k€913▼
Profit (loss) for the period before taxes9903€8k€-11k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€4k€-11k▼
Profit (loss) for the period to be appropriated9905€4k€-11k▼
Timeline · acts, filings and financial milestones
2024
08-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AAARRIBA BVBA TURNHOUTSEBAAN 458, 2970 SCHILDE · event 02-04-2024
2022
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AAARRIBA BVBA TURNHOUT- SEBAAN 458, 2970 SCHILDE · event 29-03-2022
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 336 days late
2020
31-12
Financial
Weakest financial yearnet €-11k ▼345%
Net result drops to €-11k, the lowest in the series.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
04-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 643 days late
2016
03-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
10-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
21-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
29-03-2022 → present |