AKASSA
InactiveAKASSA was declared bankrupt on 08-06-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 24-09-2024, published in the Belgian State Gazette on 30-09-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
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 30-09-2023, 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
30-09-2023 close30-04-2024 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 03-04-2023, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
27 d early
2021
18 d late
2020
24 d early
2019
81 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€7k▼ 66.6%
2021 · €22k
2018: €42k
2019: €27k
2020: €82k
2021: €22k
2018 → 2022
Total assets
€13k▼ 97.4%
2021 · €494k
2018: €485k
2019: €427k
2020: €516k
2021: €494k
2018 → 2022
Net result
€62k
2021 · €-60k
2018: €-6k
2019: €-15k
2020: €-22k
2021: €-60k
2018 → 2022
Working capital
€9k
2021 · €-124k
2018: €22k
2019: €-25k
2020: €-52k
2021: €-124k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€42k-€27k▼ 35.9%€82k▲ 208%€22k▼ 72.9%€7k▼ 66.6%
Operating result€14k-€951▼ 93.3%€1k▲ 38.7%€-45k€73k
Net result€-6k-€-15k▼ 141%€-22k▼ 46.6%€-60k▼ 173%€62k
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 returns to profit in 2022: €73k after a loss of €45k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €13k
Fixed assets
€278▼ 99.9%
Current assets
€13k▲ 19.1%
Equity and liabilities €13k
Equity
€7k▼ 66.6%
Provisions
€2k=
Debt
€4k▼ 99.2%
The debt ratio falls from 95.1% to 27.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€78k▲
2021 · €-41k
Cash flow
€68k▲
2021 · €-56k
Solvency
58.0%▲
2021 · 4.5%
Current ratio
3.55▲
2021 · 0.08
Quick ratio
1.73▲
2021 · 0.03
Debt / equity
0.48▼
2021 · 21.15
ROE
840.8%▲
2021 · -269.2%
ROA
487.9%▲
2021 · -12.1%
Interest coverage
7.80▲
2021 · -2.65
Debt
€4k▼
2021 · €470k
Debt ≤ 1 year
€4k▼
2021 · €135k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€494k€13k▼
Fixed assets21/28€483k€278▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€483k€278▼
Land and buildings22€477k-
Plant, machinery and equipment23€4k-
Furniture and vehicles24€2k€278▼
Financial fixed assets28-€0
Current assets29/58€11k€13k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€387€3k▲
Trade receivables40-€3k
Other amounts receivable41€387-
Cash at bank and in hand54/58€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€494k€13k▼
Equity10/15€22k€7k▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Outside capital11€19k-
Other1109/19€19k-
Revaluation surpluses12€77k-
Reserves13€15k€15k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Reserves not available under the articles1311-€0
Own shares acquired1312-€0
Financial assistance1313-€0
Other1319-€0
Tax-exempt reserves132€14k€14k=
Distributable reserves133-€0
Profit (loss) carried forward14€-89k€-27k▲
Provisions and deferred taxes16€2k€2k=
Deferred taxes168€2k€2k=
Amounts payable17/49€470k€4k▼
Amounts payable after more than one year17€335k-
Financial debts170/4€335k-
Amounts payable within one year42/48€135k€4k▼
Current portion of amounts payable after more than one year42€16k€4k▼
Financial debts43€119k-
Credit institutions430/8€3k-
Other loans439€116k-
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€10k€1k▼
Gross operating margin9900€-31k€80k▲
Operating profit (loss)9901€-45k€73k▲
Financial charges65/66B€15k€10k▼
Recurring financial charges65€15k€10k▼
Profit (loss) for the period before taxes9903€-60k€62k▲
Profit (loss) for the period9904€-60k€62k▲
Profit (loss) for the period to be appropriated9905€-60k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-89k€-27k▲
Profit (loss) brought forward from the previous period14P€-29k€-89k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AKASSA BV SCHO- TENSTEENWEG 133/A, 2960 BRECHT · event 24-09-2024
2023
21-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AKASSA BV SCHOTEN- STEENWEG 133/A, 2960 BRECHT · event 08-06-2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €62k
Net result €62k after 4 loss-making years.
30-09
Financial
Liquidity times 45current ratio 3.55
Current ratio from 0.08 to 3.55; short-term debt falls from €135k to €4k.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
30-09
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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 | NICK PEETERS NOORDERLAAN 98,
2030 ANTWERPEN 3 |
08-06-2023 → present |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 59 EUR awarded · 59 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 59 EUR |
| 2022 | 1 | 59 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)