AGERE
InactiveAGERE was declared bankrupt on 31-05-2022 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed for insufficient assets by judgment of 08-01-2024, published in the Belgian State Gazette on 19-01-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2021 close30-04-2022 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 22-04-2021, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
8 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 4 days before 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 2020, abbreviated schema
Equity
€88,331▼ 0.4%
2019 · €88,690
Total assets
€470,938▼ 0.2%
2019 · €471,803
Net result
-€359▲ 86.5%
2019 · -€2,655
Working capital
-€270,483▲ 4.3%
2019 · -€282,591
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
Line201820192020
Operating result€12,973-€8,724▼ 32.8%€1,808▼ 79.3%
Net result€1,275--€2,655-€359▲ 86.5%
Equity€91,345-€88,690▼ 2.9%€88,331▼ 0.4%
Total assets€494,572-€471,803▼ 4.6%€470,938▼ 0.2%
Debt€403,227-€383,113▼ 5.0%€382,607▼ 0.1%
Working capital-€283,972--€282,591▲ 0.5%-€270,483▲ 4.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 79% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €470,938
Fixed assets
€454,177 ▼ 2.8%
Current assets
€16,761 ▲ 283%
Equity and liabilities €470,938
Equity
€88,331 ▼ 0.4%
Debt
€382,607 ▼ 0.1%
Debt's share of the balance-sheet total stays at 81.2%.
Key figures and ratios
EBITDA
€12,059▼
2019 · €19,451
Cash flow
€9,893▲
2019 · €8,072
Current ratio
0.06▲
2019 · 0.02
Debt to equity
1.07▼
2019 · 1.08
ROE
-0.4%▲
2019 · -3.0%
ROA
-0.1%▲
2019 · -0.6%
Debt ≤ 1 year
€287,244▲
2019 · €286,966
Debt > 1 year
€94,948▼
2019 · €95,736
Income taxes
€1,721▼
2019 · €3,725
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,249 | €10,727 | €10,252 | ▼ 4.4% |
| Gross operating margin9900 | €26,480 | €20,967 | €12,059 | ▼ 42.5% |
| Operating profit (loss)9901 | €12,973 | €8,724 | €1,808 | ▼ 79.3% |
| Recurring financial income75 | €0 | - | €9 | - |
| Recurring financial charges65 | €7,626 | €7,654 | €455 | ▼ 94.1% |
| Profit (loss) for the period before taxes9903 | €5,347 | €1,070 | €1,362 | ▲ 27.2% |
| Income taxes67/77 | €4,072 | €3,725 | €1,721 | ▼ 53.8% |
| Profit (loss) for the period9904 | €1,275 | -€2,655 | -€359 | ▲ 86.5% |
| Profit (loss) for the period to be appropriated9905 | €1,275 | -€2,655 | -€359 | ▲ 86.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €494,572 | €471,803 | €470,938 | ▼ 0.2% |
| Fixed assets21/28 | €478,156 | €467,429 | €454,177 | ▼ 2.8% |
| Tangible fixed assets22/27 | €39,156 | €28,429 | €18,177 | ▼ 36.1% |
| Financial fixed assets28 | €439,000 | €439,000 | €436,000 | ▼ 0.7% |
| Current assets29/58 | €16,417 | €4,375 | €16,761 | ▲ 283% |
| Amounts receivable within one year40/41 | €14,520 | €2,434 | €16,761 | ▲ 589% |
| Cash at bank and in hand54/58 | €1,859 | €1,941 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €494,572 | €471,803 | €470,938 | ▼ 0.2% |
| Equity10/15 | €91,345 | €88,690 | €88,331 | ▼ 0.4% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €88,284 | €88,284 | €88,284 | = |
| Profit (loss) carried forward14 | -€3,139 | -€5,794 | -€6,153 | ▼ 6.2% |
| Amounts payable17/49 | €403,227 | €383,113 | €382,607 | ▼ 0.1% |
| Amounts payable after more than one year17 | €101,833 | €95,736 | €94,948 | ▼ 0.8% |
| Amounts payable within one year42/48 | €300,389 | €286,966 | €287,244 | ▲ 0.1% |
| Trade debts44 | €5,537 | €60,544 | €78,824 | ▲ 30.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,275 | -€2,655 | -€359 | ▲ 86.5% |
| + Depreciation and write-downs630 | €12,249 | €10,727 | €10,252 | ▼ 4.4% |
| Operating cash flow (approximation) | €13,524 | €8,072 | €9,893 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | €0 | €3,000 | - |
| Change in cash | - | €82 | - | - |
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
2024
19-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Brugge · event 08-01-2024
2022
03-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 31-05-2022
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet -€2,655
Net result drops to -€2,655, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
19-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
05-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated 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 | SABRINA CLAESSENS TULPENSTRAAT 9, 8370 BLAN-
KENBERGE |
31-05-2022 → 08-01-2024 |