ACCOTAX
InactiveACCOTAX was declared bankrupt on 13-02-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 06-05-2025, published in the Belgian State Gazette on 14-05-2025.
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 · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline26-09-2026 today
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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
20 d early
2020
87 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 53 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 2021, micro schema
Equity
€14,969▲ 3.1%
2020 · €14,513
Total assets
€52,906▼ 53.5%
2020 · €113,830
Net result
€456
2020 · -€2,649
Working capital
€13,382▲ 100%
2020 · €6,676
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
Line2018201920202021
Operating result-€2,827-€4,502-€1,927€3,081
Net result-€2,333-€2,344-€2,649€456
Equity€14,818-€17,162▲ 15.8%€14,513▼ 15.4%€14,969▲ 3.1%
Total assets€66,198-€97,067▲ 46.6%€113,830▲ 17.3%€52,906▼ 53.5%
Debt€51,380-€79,905▲ 55.5%€99,317▲ 24.3%€37,937▼ 61.8%
Working capital€4,976--€9,304€6,676€13,382▲ 100%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €3,081 after a loss of €1,927 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €52,906
Fixed assets
€1,587 ▼ 80.8%
Current assets
€51,318 ▼ 51.4%
Equity and liabilities €52,906
Equity
€14,969 ▲ 3.1%
Debt
€37,937 ▼ 61.8%
Debt's share of the balance-sheet total falls from 87.3% to 71.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,128▼
2020 · €20,624
Cash flow
€9,503▼
2020 · €19,902
Current ratio
1.35▲
2020 · 1.07
Debt to equity
2.53
ROE
3.0%▲
2020 · -18.3%
ROA
0.9%▲
2020 · -2.3%
Interest coverage
25.10
Debt ≤ 1 year
€37,937▼
2020 · €98,901
Income taxes
€2,142
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,088 | €22,551 | €22,551 | €9,047 | ▼ 59.9% |
| Other operating charges640/8 | - | - | - | €1,591 | - |
| Gross operating margin9900 | €8,927 | €44,285 | €21,421 | €13,719 | ▼ 36.0% |
| Operating profit (loss)9901 | -€2,827 | €4,502 | -€1,927 | €3,081 | ▲ 260% |
| Recurring financial income75 | - | - | €68 | - | - |
| Financial charges65/66B | - | - | - | €483 | - |
| Recurring financial charges65 | €48 | €151 | €790 | €483 | ▼ 38.9% |
| Profit (loss) for the period before taxes9903 | -€2,876 | €4,350 | -€2,649 | €2,598 | ▲ 198% |
| Income taxes67/77 | -€543 | €2,007 | - | €2,142 | - |
| Profit (loss) for the period9904 | -€2,333 | €2,344 | -€2,649 | €456 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | -€2,333 | €2,344 | -€2,649 | €456 | ▲ 117% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €66,198 | €97,067 | €113,830 | €52,906 | ▼ 53.5% |
| Fixed assets21/28 | €21,216 | €27,591 | €8,253 | €1,587 | ▼ 80.8% |
| Tangible fixed assets22/27 | €21,216 | €27,591 | €8,253 | €1,587 | ▼ 80.8% |
| Plant, machinery and equipment23 | - | - | - | €1,587 | - |
| Furniture and vehicles24 | - | - | - | €0 | - |
| Leasing and similar rights25 | - | - | - | €0 | - |
| Current assets29/58 | €44,982 | €69,476 | €105,577 | €51,318 | ▼ 51.4% |
| Amounts receivable within one year40/41 | €26,701 | €44,055 | €46,249 | €44,099 | ▼ 4.6% |
| Trade receivables40 | - | - | - | €29,426 | - |
| Other amounts receivable41 | - | - | - | €14,673 | - |
| Cash at bank and in hand54/58 | €18,281 | €25,401 | €59,328 | €7,219 | ▼ 87.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €66,198 | €97,067 | €113,830 | €52,906 | ▼ 53.5% |
| Equity10/15 | €14,818 | €17,162 | €14,513 | €14,969 | ▲ 3.1% |
| Contributions10/11 | €13,900 | €13,900 | - | €13,900 | - |
| Reserves13 | €163 | €397 | €397 | €397 | = |
| Non-distributable reserves130/1 | - | - | - | €397 | - |
| Reserves not available under the articles1311 | - | - | - | €397 | - |
| Profit (loss) carried forward14 | €755 | €2,865 | €216 | €672 | ▲ 212% |
| Amounts payable17/49 | €51,380 | €79,905 | €99,317 | €37,937 | ▼ 61.8% |
| Amounts payable after more than one year17 | €4,958 | €708 | - | - | - |
| Amounts payable within one year42/48 | €40,006 | €78,780 | €98,901 | €37,937 | ▼ 61.6% |
| Trade debts44 | €16,289 | €22,329 | €44,126 | €29,402 | ▼ 33.4% |
| Suppliers440/4 | - | - | - | €29,402 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,632 | - |
| Taxes450/3 | - | - | - | €2,632 | - |
| Other amounts payable47/48 | - | - | - | €5,902 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,333 | €2,344 | -€2,649 | €456 | ▲ 117% |
| + Depreciation and write-downs630 | €8,088 | €22,551 | €22,551 | €9,047 | ▼ 59.9% |
| Operating cash flow (approximation) | €5,755 | €24,895 | €19,902 | €9,503 | ▼ 52.3% |
| Investment in fixed assets (approximation) | - | -€28,926 | -€3,213 | -€2,381 | ▲ 25.9% |
| Change in cash | - | €7,120 | €33,927 | -€52,109 | ▼ 254% |
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
2025
14-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 06-05-2025
2024
19-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 13-02-2024
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €456
Net result €456 after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet -€2,649
Net result drops to -€2,649, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €2,344
Net result €2,344 after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 121 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Jan DE RIECK PEGASUSLAAN 5, 1831 DIEGEM-
.
23991
BELGISCH STAATSBLAD — 19.02.2024 − Ed. 2 — MONITEUR BELGE |
13-02-2024 → 06-05-2025 |