ALL BUDGET HOMES
InactiveALL BUDGET HOMES was declared bankrupt on 30-11-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 02-05-2024, published in the Belgian State Gazette on 07-05-2024.
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 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 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-10-2023, 84 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
84 d late
2021
40 d late
2020
178 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€123k▲ 136%
2021 · €52k
2018: €56k
2019: €61k
2020: €76k
2021: €52k
2018 → 2022
Total assets
€142k▼ 11.3%
2021 · €161k
2018: €81k
2019: €89k
2020: €201k
2021: €161k
2018 → 2022
Net result
€71k
2021 · €-23k
2018: €16k
2019: €5k
2020: €15k
2021: €-23k
2018 → 2022
Working capital
€110k▼ 20.5%
2021 · €139k
2018: €55k
2019: €60k
2020: €167k
2021: €139k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€56k-€61k▲ 8.7%€76k▲ 24.5%€52k▼ 31.1%€123k▲ 136%
Operating result€22k-€11k▼ 49.4%€23k▲ 106%€-23k€92k
Net result€16k-€5k▼ 70.4%€15k▲ 207%€-23k€71k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €92k after a loss of €23k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €142k
Fixed assets
€13k▲ 288%
Current assets
€130k▼ 17.5%
Equity and liabilities €142k
Equity
€123k▲ 136%
Provisions
€0▼ 100%
Debt
€19k▲ 5.3%
The debt ratio rises from 11.5% to 13.6%. Equity and debt are higher.
Key figures and ratios
Solvency
86.4%▲
2021 · 32.5%
Current ratio
6.70▼
2021 · 8.55
Quick ratio
6.70▼
2021 · 8.55
Debt / equity
0.16▼
2021 · 0.35
ROE
57.6%▲
2021 · -45.1%
ROA
49.8%▲
2021 · -14.6%
Debt
€19k▲
2021 · €18k
Debt ≤ 1 year
€19k▲
2021 · €18k
Income taxes
€21k
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€161k€142k▼
Fixed assets21/28€3k€13k▲
Tangible fixed assets22/27€3k€13k▲
Furniture and vehicles24-€13k
Other tangible fixed assets26€3k-
Financial fixed assets28€243-
Current assets29/58€157k€130k▼
Amounts receivable within one year40/41€156k€129k▼
Trade receivables40€229-
Other amounts receivable41€156k€129k▼
Cash at bank and in hand54/58€805€615▼
Deferred charges and accrued income490/1€495-
Equity and liabilities
Total equity and liabilities10/49€161k€142k▼
Equity10/15€52k€123k▲
Contributions10/11€34k€34k=
Capital10€34k€34k=
Issued capital100€34k€34k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€15k€86k▲
Provisions and deferred taxes16€90k-
Provisions for liabilities and charges160/5€90k-
Major repairs and maintenance162€90k-
Amounts payable17/49€18k€19k▲
Amounts payable within one year42/48€18k€19k▲
Trade debts44€13k-
Suppliers440/4€13k-
Taxes, remuneration and social security45€5k€19k▲
Taxes450/3€5k€19k▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€7k€835▼
Gross operating margin9900€-13k€92k▲
Operating profit (loss)9901€-23k€92k▲
Financial charges65/66B€163€140▼
Recurring financial charges65€163€140▼
Profit (loss) for the period before taxes9903€-23k€92k▲
Income taxes67/77-€21k
Profit (loss) for the period9904€-23k€71k▲
Profit (loss) for the period to be appropriated9905€-23k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€86k▲
Profit (loss) brought forward from the previous period14P€39k€15k▼
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
07-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · ALL BUDGET HOMES NV KRUISKENSSTRAAT 12, 3400 LANDEN · event 02-05-2024
2023
06-12
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · ALL BUDGET HOMES NV KRUISKENSSTRAAT 12, 3400 LANDEN · event 30-11-2023
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
31-12
Financial
Back to profitnet €71k
Net result €71k after one loss-making year.
31-12
Financial
Equity above €100kEq €123k ▲136%
Equity rises from €52k to €123k.
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 178 days late
2021
31-12
Financial
Weakest financial yearnet €-23k ▼258%
Net result drops to €-23k, the lowest in the series.
2020
31-12
Financial
Liquidity doublescurrent ratio 7.22
Current ratio from 3.16 to 7.22; short-term debt falls from €28k to €27k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN STATIONSSTRAAT 108 A,
3400 LANDEN |
30-11-2023 → present |
| Curator | WINNY
TIRMARCHE STATIONSSTRAAT 108, 3400 LANDEN- |
30-11-2023 → present |