AFRIKA-TEX
InactiveAFRIKA-TEX was declared bankrupt on 29-06-2023 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 13-11-2023, published in the Belgian State Gazette on 20-11-2023.
Summary
Inactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
11 d early
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-106k▲ 3.1%
2021 · €-109k
2018: €20k
2019: €-104k
2020: €-115k
2021: €-109k
2018 → 2022
Total assets
€34k▲ 891%
2021 · €3k
2018: €128k
2019: €74
2020: €2k
2021: €3k
2018 → 2022
Net result
€3k▼ 38.1%
2021 · €5k
2018: €-3k
2019: €-124k
2020: €-11k
2021: €5k
2018 → 2022
Working capital
€-106k▲ 3.1%
2021 · €-109k
2018: €20k
2019: €-104k
2020: €-115k
2021: €-109k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€20k-€-104k€-115k▼ 10.4%€-109k▲ 4.8%€-106k▲ 3.1%
Operating result€-3k-€-125k▼ 4,038%€-11k▲ 91.1%€6k€5k▼ 20.5%
Net result€-3k-€-124k▼ 3,930%€-11k▲ 91.3%€5k€3k▼ 38.1%
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 2022; 2022 is 20% below 2021.
Key figures and ratios
Solvency
-312.3%
Current ratio
0.24
Debt to equity
-1.32
ROA
10.0%
Debt
€140k▲
2021 · €113k
Debt ≤ 1 year
€140k▲
2021 · €113k
Income taxes
€599
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 · 2022 against 2021 · 35 lines
Balance sheet
Code20212022
Assets
Total assets20/58€3k€34k▲
Current assets29/58€3k€34k▲
Amounts receivable within one year40/41€1k€28k▲
Trade receivables40-€27k
Other amounts receivable41€1k€841▼
Cash at bank and in hand54/58€2k€6k▲
Deferred charges and accrued income490/1€74€78▲
Equity and liabilities
Total equity and liabilities10/49€3k€34k▲
Equity10/15€-109k€-106k▲
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-133k€-130k▲
Amounts payable17/49€113k€140k▲
Amounts payable within one year42/48€113k€140k▲
Trade debts44€8k€11k▲
Suppliers440/4€8k€11k▲
Taxes, remuneration and social security45-€102
Taxes450/3-€102
Other amounts payable47/48€105k€129k▲
Income statement
Code20212022
Other operating charges640/8€897€122▼
Gross operating margin9900€7k€5k▼
Operating profit (loss)9901€6k€5k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€187€518▲
Recurring financial charges65€187€518▲
Profit (loss) for the period before taxes9903€5k€4k▼
Income taxes67/77-€599
Profit (loss) for the period9904€5k€3k▼
Profit (loss) for the period to be appropriated9905€5k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-133k€-130k▲
Profit (loss) brought forward from the previous period14P€-138k€-133k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
20-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 13-11-2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
05-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 29-06-2023
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 | FREDERIK NAENEN BAZELSTRAAT 30, 9150 KRUI-
BEKE |
29-06-2023 → 13-11-2023 |