ADVIESI
InactiveADVIESI was declared bankrupt on 28-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 17-03-2025, published in the Belgian State Gazette on 24-03-2025.
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 30-06-2022, 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 · 3 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 31-01-2022, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
on the day
2020
2 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€48k▼ 2.1%
2020 · €49k
2019: €8klowest in 3 years
2020: €49k▲ +480% vs 2019highest in 3 years
2021: €48k▼ -2.1% vs 2020
2019 → 2021
Total assets
€55k▼ 32.8%
2020 · €82k
2019: €46klowest in 3 years
2020: €82k▲ +78.6% vs 2019highest in 3 years
2021: €55k▼ -32.8% vs 2020
2019 → 2021
Net result
€-1k
2020 · €34k
2019: €-4klowest in 3 years
2020: €34k▲ +947% vs 2019highest in 3 years
2021: €-1k▼ -103% vs 2020
2019 → 2021
Working capital
€39k▼ 44.3%
2020 · €70k
2019: €33klowest in 3 years
2020: €70k▲ +113% vs 2019highest in 3 years
2021: €39k▼ -44.3% vs 2020
2019 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€8k-€49k▲ 480%€48k▼ 2.1%
2019: €8klowest in 3 years
2020: €49k▲ +480% vs 2019highest in 3 years
2021: €48k▼ -2.1% vs 2020
Operating result€-3k-€46k€3k▼ 93.5%
2019: €-3klowest in 3 years
2020: €46k▲ +1591% vs 2019highest in 3 years
2021: €3k▼ -93.5% vs 2020
Net result€-4k-€34k€-1k
2019: €-4klowest in 3 years
2020: €34k▲ +947% vs 2019highest in 3 years
2021: €-1k▼ -103% vs 2020
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 93% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €55k
Fixed assets
€8k ▲ 156%
Current assets
€47k ▼ 40.7%
Equity and liabilities €55k
Equity
€48k ▼ 2.1%
Debt
€8k ▼ 77.4%
Debt's share of the balance-sheet total falls from 40.7% to 13.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2020 · €47k
Cash flow
€-136▼
2020 · €35k
Current ratio
6.20▼
2020 · 9.45
ROE
-2.2%▼
2020 · 70.0%
ROA
-1.9%▼
2020 · 41.5%
Debt ≤ 1 year
€8k▼
2020 · €8k
Income taxes
€2k▼
2020 · €10k
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 · 23 lines
Balance sheet
Code20202021
Assets
Total assets20/58€82k€55k▼
Fixed assets21/28€3k€8k▲
Tangible fixed assets22/27€1k€7k▲
Financial fixed assets28€2k€2k=
Current assets29/58€79k€47k▼
Amounts receivable within one year40/41€39k€2k▼
Cash at bank and in hand54/58€39k€45k▲
Equity and liabilities
Total equity and liabilities10/49€82k€55k▼
Equity10/15€49k€48k▼
Reserves13€30k€29k▼
Profit (loss) carried forward14-€-4k
Amounts payable17/49€33k€8k▼
Amounts payable after more than one year17€25k-
Amounts payable within one year42/48€8k€8k▼
Trade debts44€2k€3k▲
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€923€900▼
Gross operating margin9900€49k€4k▼
Operating profit (loss)9901€46k€3k▼
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€44k€852▼
Income taxes67/77€10k€2k▼
Profit (loss) for the period9904€34k€-1k▼
Profit (loss) for the period to be appropriated9905€34k€-1k▼
Accounts by statement
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €651 | €923 | €900 | ▼ 2.5% |
| Gross operating margin9900 | €5k | €49k | €4k | ▼ 91.0% |
| Operating profit (loss)9901 | €-3k | €46k | €3k | ▼ 93.5% |
| Recurring financial charges65 | €533 | €2k | €2k | ▲ 1.6% |
| Profit (loss) for the period before taxes9903 | €-4k | €44k | €852 | ▼ 98.1% |
| Income taxes67/77 | €384 | €10k | €2k | ▼ 81.2% |
| Profit (loss) for the period9904 | €-4k | €34k | €-1k | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €34k | €-1k | ▼ 103% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €46k | €82k | €55k | ▼ 32.8% |
| Fixed assets21/28 | €652 | €3k | €8k | ▲ 156% |
| Tangible fixed assets22/27 | €652 | €1k | €7k | ▲ 364% |
| Financial fixed assets28 | - | €2k | €2k | = |
| Current assets29/58 | €45k | €79k | €47k | ▼ 40.7% |
| Amounts receivable within one year40/41 | €13k | €39k | €2k | ▼ 95.5% |
| Cash at bank and in hand54/58 | €32k | €39k | €45k | ▲ 13.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €46k | €82k | €55k | ▼ 32.8% |
| Equity10/15 | €8k | €49k | €48k | ▼ 2.1% |
| Contributions10/11 | €12k | - | - | - |
| Reserves13 | - | €30k | €29k | ▼ 3.5% |
| Profit (loss) carried forward14 | €-4k | - | €-4k | - |
| Amounts payable17/49 | €37k | €33k | €8k | ▼ 77.4% |
| Amounts payable after more than one year17 | €25k | €25k | - | - |
| Amounts payable within one year42/48 | €12k | €8k | €8k | ▼ 9.6% |
| Trade debts44 | €2k | €2k | €3k | ▲ 87.4% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €34k | €-1k | ▼ 103% |
| + Depreciation and write-downs630 | €651 | €923 | €900 | ▼ 2.5% |
| Operating cash flow (approximation) | €-3k | €35k | €-136 | ▼ 100% |
| Investment in fixed assets (approximation) | - | €-4k | €-6k | ▼ 69.7% |
| Change in cash | - | €8k | €5k | ▼ 32.4% |
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
24-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 17-03-2025
2022
01-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 28-03-2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 9.45
Current ratio from 3.72 to 9.45; short-term debt falls from €12k to €8k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 | ELKE GOOSSENS LEOPOLDSTRAAT 64,
2800 MECHELEN |
28-03-2022 → 17-03-2025 |