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ACEMA

Open bankruptcy
KBO/BCE: BE 0447.738.538

A bankruptcy procedure is open for ACEMA according to publications in the Belgian State Gazette; curator: TOMAS BRUNEEL.

Summary

Inactive; last annual accounts for fiscal year 2015.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 30-06-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-06-2016 close31-01-2017 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2015 was due by 31-01-2016 and was filed on 20-09-2016, 233 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 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2015, abbreviated schema

Equity
€-33k▼ 56.9%
2014 · €-21k
2011: €9khighest in 5 years 2012: €7k▼ -21.8% vs 2011 2013: €-17k▼ -358% vs 2012 2014: €-21k▼ -23.5% vs 2013 2015: €-33k▼ -56.9% vs 2014lowest in 5 years
2011 → 2015
Total assets
€72k▼ 20.2%
2014 · €90k
2011: €166khighest in 5 years 2012: €144k▼ -13.4% vs 2011 2013: €104k▼ -27.6% vs 2012 2014: €90k▼ -13.4% vs 2013 2015: €72k▼ -20.2% vs 2014lowest in 5 years
2011 → 2015
Net result
€-12k▼ 261%
2014 · €-3k
2011: €-12k 2012: €-2k▲ +84.0% vs 2011highest in 5 years 2013: €-24k▼ -1187% vs 2012lowest in 5 years 2014: €-3k▲ +86.0% vs 2013 2015: €-12k▼ -261% vs 2014
2011 → 2015
Working capital
€-33k▼ 92.8%
2014 · €-17k
2011: €-9khighest in 5 years 2012: €-18k▼ -102% vs 2011 2013: €-14k▲ +22.5% vs 2012 2014: €-17k▼ -25.4% vs 2013 2015: €-33k▼ -92.8% vs 2014lowest in 5 years
2011 → 2015
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20112012201320142015Trend
Equity€9k-€7k▼ 21.8%€-17k€-21k▼ 23.5%€-33k▼ 56.9% 2011: €9khighest in 5 years 2012: €7k▼ -21.8% vs 2011 2013: €-17k▼ -358% vs 2012 2014: €-21k▼ -23.5% vs 2013 2015: €-33k▼ -56.9% vs 2014lowest in 5 years
Operating result€-23k-€1k€-22k€-2k▲ 88.5%€-14k▼ 466% 2011: €-23klowest in 5 years 2012: €1k▲ +105% vs 2011highest in 5 years 2013: €-22k▼ -2132% vs 2012 2014: €-2k▲ +88.5% vs 2013 2015: €-14k▼ -466% vs 2014
Net result€-12k-€-2k▲ 84.0%€-24k▼ 1,187%€-3k▲ 86.0%€-12k▼ 261% 2011: €-12k 2012: €-2k▲ +84.0% vs 2011highest in 5 years 2013: €-24k▼ -1187% vs 2012lowest in 5 years 2014: €-3k▲ +86.0% vs 2013 2015: €-12k▼ -261% vs 2014
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2011: €-23k€-23kNet result 2011: €-12k€-12kOperating result 2012: €1k€1kNet result 2012: €-2k€-2kOperating result 2013: €-22k€-22kNet result 2013: €-24k€-24kOperating result 2014: €-2k€-2kNet result 2014: €-3k€-3kOperating result 2015: €-14k€-14kNet result 2015: €-12k€-12k20112012201320142015€-30k€-20k€-10k€0Operating result 2013: €-22k€-22kNet result 2013: €-24k€-24kOperating result 2014: €-2k€-2.5kNet result 2014: €-3k€-3.3kOperating result 2015: €-14k€-14kNet result 2015: €-12k€-12k201320142015
The operating result stays negative: a loss of €14k in 2015 against €2k in 2014; the loss grows.
Key figures and ratios
2015 value · change against 2014
Solvency
-46.2%▼
2014 · -23.5%
Current ratio
0.68▼
2014 · 0.84
ROA
-16.8%▼
2014 · -3.7%
Debt
€105k▼
2014 · €112k
Debt ≤ 1 year
€105k▼
2014 · €108k
Income taxes
€1▲
2014 · €1
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 · 2015 against 2014 · 22 lines
Balance sheet Code20142015
Assets
Total assets20/58€90k€72k▼
Current assets29/58€90k€72k▼
Amounts receivable within one year40/41€61k€27k▼
Cash at bank and in hand54/58€8k€23k▲
Equity and liabilities
Total equity and liabilities10/49€90k€72k▼
Equity10/15€-21k€-33k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-42k€-54k▼
Amounts payable17/49€112k€105k▼
Amounts payable after more than one year17€4k-
Amounts payable within one year42/48€108k€105k▼
Trade debts44€99k€100k▲
Income statement Code20142015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k-
Gross operating margin9900€37k€1k▼
Operating profit (loss)9901€-2k€-14k▼
Recurring financial income75€3€3k▲
Recurring financial charges65€876€673▼
Profit (loss) for the period before taxes9903€-3k€-12k▼
Income taxes67/77€1€1▲
Profit (loss) for the period9904€-3k€-12k▼
Profit (loss) for the period to be appropriated9905€-3k€-12k▼
Accounts by statement
Line20112012201320142015Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k€17k€13k--
Gross operating margin9900€26k€47k€16k€37k€1k▼ 97.1%
Operating profit (loss)9901€-23k€1k€-22k€-2k€-14k▼ 466%
Recurring financial income75€2k€133€81€3€3k▲ 83,906%
Recurring financial charges65€7k€3k€2k€876€673▼ 23.2%
Profit (loss) for the period before taxes9903€-12k€-2k€-24k€-3k€-12k▼ 261%
Income taxes67/77€2€2€2€1€1▲ 3.9%
Profit (loss) for the period9904€-12k€-2k€-24k€-3k€-12k▼ 261%
Profit (loss) for the period to be appropriated9905€-12k€-2k€-24k€-3k€-12k▼ 261%
Line20112012201320142015Change
Assets
Total assets20/58€166k€144k€104k€90k€72k▼ 20.2%
Fixed assets21/28€69k€52k€13k---
Tangible fixed assets22/27€69k€52k€13k---
Current assets29/58€97k€92k€91k€90k€72k▼ 20.2%
Amounts receivable within one year40/41€61k€44k€56k€61k€27k▼ 55.9%
Cash at bank and in hand54/58€6k€38k€11k€8k€23k▲ 207%
Equity and liabilities
Total equity and liabilities10/49€166k€144k€104k€90k€72k▼ 20.2%
Equity10/15€9k€7k€-17k€-21k€-33k▼ 56.9%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€18k€18k€18k€2k€2k=
Profit (loss) carried forward14€-28k€-30k€-54k€-42k€-54k▼ 29.0%
Amounts payable17/49€158k€137k€122k€112k€105k▼ 5.5%
Amounts payable after more than one year17€52k€28k€16k€4k--
Amounts payable within one year42/48€106k€110k€105k€108k€105k▼ 2.0%
Trade debts44€83k€81k€82k€99k€100k▲ 1.0%
Line20112012201320142015Change
Profit (loss) for the period9904€-12k€-2k€-24k€-3k€-12k▼ 261%
+ Depreciation and write-downs630€17k€17k€17k€13k--
Operating cash flow (approximation)€6k€15k€-7k€10k€-12k▼ 226%
Investment in fixed assets (approximation)-€0€22k---
Change in cash-€32k€-27k€-4k€16k▲ 498%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
30-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-05-2022
2016
20-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 233 days late
2014
08-12
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
04-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
30-06
Financial Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
2012
11-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
07-12
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
15-12
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
01-12
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2008
29-12
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2007
21-12
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
2006
14-12
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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 TOMAS BRUNEEL
MUSEUMSTRAAT 31-33, 2000 ANTWERPEN 1- . Co-Curator: GARY MICHIELS, OUDE-GODSTRAAT 168, 2650 EDEGEM
19-05-2022 → present