ACE BALLOONS
Open bankruptcyA bankruptcy procedure is open for ACE BALLOONS according to publications in the Belgian State Gazette; curator: GERRY VERSCHUREN.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-11-2022, 96 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
96 d late
2019
216 d late
2018
72 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-69k▼ 2.6%
2019 · €-67k
2018: €-66k
2019: €-67k
2018 → 2021
Total assets
€6k▼ 0.5%
2019 · €6k
2018: €6k
2019: €6k
2018 → 2021
Net result
€-1k▼ 7.1%
2019 · €-972
2018: €-947
2019: €-972
2018 → 2021
Working capital
€-69k▼ 2.6%
2019 · €-67k
2018: €-66k
2019: €-67k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Equity€-66k-€-67k▼ 1.5%€-69k▼ 2.6%
Operating result€-807-€-823▼ 2.0%€-870▼ 5.7%
Net result€-947-€-972▼ 2.7%€-1k▼ 7.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-870 in 2021, compared with €-823 in 2019. Comparable figures for the intervening years are unavailable.
Key figures and ratios
Current ratio
0.08▼
2019 · 0.09
Quick ratio
0.08▼
2019 · 0.09
Debt / equity
-1.09
ROA
-16.7%▼
2019 · -15.5%
Debt
€75k▲
2019 · €73k
Debt ≤ 1 year
€75k▲
2019 · €73k
A ratio outside any meaningful range has been withheld (balance sheet total €6k, equity €-69k).
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 · 2021 against 2019
Balance sheet
Code20192021
Assets
Total assets20/58€6k€6k▼
Current assets29/58€6k€6k▼
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40-€3k
Other amounts receivable41-€18
Cash at bank and in hand54/58€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€6k€6k▼
Equity10/15€-67k€-69k▼
Contributions10/11-€62k
Capital10-€62k
Issued capital100-€62k
Profit (loss) carried forward14€-129k€-131k▼
Amounts payable17/49€73k€75k▲
Amounts payable within one year42/48€73k€75k▲
Trade debts44€9k€227▼
Suppliers440/4-€227
Other amounts payable47/48-€75k
Income statement
Code20192021
Other operating charges640/8-€643
Gross operating margin9900€-462€-227▲
Operating profit (loss)9901€-823€-870▼
Financial charges65/66B-€171
Recurring financial charges65€149€171▲
Profit (loss) for the period before taxes9903€-972€-1k▼
Profit (loss) for the period9904€-972€-1k▼
Profit (loss) for the period to be appropriated9905€-972€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-131k
Profit (loss) brought forward from the previous period14P-€-130k
Timeline · acts, filings and financial milestones
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ACE BALLOONS NV HOGE- VELDEN 46, 2860 SINT-KATELIJNE-WAVER · event 03-07-2024
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
2021
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 216 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 72 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 53 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
2014
23-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 54 days late
2013
24-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 55 days late
2012
20-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 51 days late
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 | GERRY VERSCHUREN BLEEKSTRAAT 11,
2800 MECHELEN |
03-07-2024 → present |