ABSOLUUT DISCREET
InactiveABSOLUUT DISCREET was declared bankrupt on 29-11-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 13-02-2024, published in the Belgian State Gazette on 19-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
1 d early
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€77k
EBIT margin
-33.7%
Net result
€-27k▼ 212%
2020 · €-9k
2018: €-16k
2019: €-10k
2020: €-9k
2018 → 2021
Working capital
€-61k▼ 126%
2020 · €-27k
2018: €-9k
2019: €-19k
2020: €-27k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€77k
Equity€-8k-€-18k▼ 128%€-27k▼ 46.7%€-54k▼ 99.3%
Operating result€-15k-€-10k▲ 35.7%€-8k▲ 19.4%€-26k▼ 228%
Net result€-16k-€-10k▲ 34.8%€-9k▲ 16.8%€-27k▼ 212%
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 €26k in 2021 against €8k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
Assets €29k
Fixed assets
€24k
Current assets
€5k
Key figures and ratios
EBITDA
€-24k▼
2020 · €-8k
Cash flow
€-25k▼
2020 · €-8k
Solvency
-183.0%
Current ratio
0.08
Quick ratio
0.04
Debt to equity
-1.55
ROA
-91.2%
Interest coverage
-46.20
Debt
€83k▲
2020 · €28k
Debt ≤ 1 year
€66k▲
2020 · €28k
Debt > 1 year
€17k
Income taxes
€120▼
2020 · €167
Staff costs
€361
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 46 lines
Balance sheet
Code20202021
Assets
Total assets20/58€663€29k▲
Fixed assets21/28-€24k
Tangible fixed assets22/27-€20k
Plant, machinery and equipment23-€12k
Furniture and vehicles24-€1k
Other tangible fixed assets26-€7k
Financial fixed assets28-€4k
Current assets29/58€663€5k▲
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€660€2k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€3-
Equity and liabilities
Total equity and liabilities10/49€663€29k▲
Equity10/15€-27k€-54k▼
Contributions10/11-€7k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-36k€-63k▼
Amounts payable17/49€28k€83k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€28k€66k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€1k€268▼
Suppliers440/4-€268
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48-€62k
Income statement
Code20202021
Turnover70-€77k
Goods, raw materials, services and sundry goods60/61-€101k
Remuneration, social security and pensions62-€361
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€256€2k▲
Other operating charges640/8-€2k
Gross operating margin9900€-7k€-22k▼
Operating profit (loss)9901€-8k€-26k▼
Financial charges65/66B-€522
Recurring financial charges65€447€522▲
Profit (loss) for the period before taxes9903€-8k€-27k▼
Income taxes67/77€167€120▼
Profit (loss) for the period9904€-9k€-27k▼
Profit (loss) for the period to be appropriated9905€-9k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-63k
Profit (loss) brought forward from the previous period14P-€-36k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ABSOLUUT DISCREET BV BREDABAAN 431, 2170 MERKSEM (ANTWERPEN) · event 13-02-2024
2022
05-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ABSOLUUT DISCREET BV BREDABAAN 431, 2170 MERKSEM (ANTWERPEN) · event 29-11-2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 27 days late
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | TOON BRAWERS JUSTITIESTRAAT 27 BUS 12, 2018 -
ANTWERPEN |
29-11-2022 → 13-02-2024 |