ALMON
InactiveALMON was declared bankrupt on 25-06-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 03-03-2026, published in the Belgian State Gazette on 06-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-10-2023, 80 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
2022
80 d late
2021
1 d early
2020
11 d late
2019
49 d late
2018
18 d early
2017
12 d early
2016
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 16 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€794,824
2020 · €419,530
Working capital
€1.9m▲ 31.6%
2020 · €1.4m
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
Line2018201920202021
Operating result-€28,774-€518€419,419▲ 80,825%-€38,679
Net result€1.2m-€355,223▼ 70.5%€419,530▲ 18.1%-€794,824
Equity€10.1m-€7.2m▼ 28.8%€7.6m▲ 5.9%€6.7m▼ 11.6%
Total assets€24.2m-€16.3m▼ 32.6%€17.0m▲ 4.1%€6.7m▼ 60.4%
Debt€14.2m-€9.2m▼ 35.3%€9.4m▲ 2.7%€19,964▼ 99.8%
Working capital-€170,792-€777,195€1.4m▲ 85.0%€1.9m▲ 31.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €38,679 after €419,419 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €6.7m
Fixed assets
€4.8m ▼ 69.0%
Current assets
€1.9m ▲ 28.2%
Equity and liabilities €6.7m
Equity
€6.7m ▼ 11.6%
Debt
€19,964 ▼ 99.8%
Debt's share of the balance-sheet total falls from 55.4% to 0.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
95.84▲
2020 · 27.44
Debt to equity
0.00▼
2020 · 1.24
ROE
-11.8%▼
2020 · 5.5%
ROA
-11.8%▼
2020 · 2.5%
Debt ≤ 1 year
€19,964▼
2020 · €54,403
Debt > 1 year
€0▼
2020 · €9.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - |
| Other operating charges640/8 | - | - | - | €868 | - |
| Gross operating margin9900 | - | €7,527 | €420,406 | -€37,811 | ▼ 109% |
| Operating profit (loss)9901 | -€28,774 | €518 | €419,419 | -€38,679 | ▼ 109% |
| Financial income75/76B | - | - | - | €1 | - |
| Recurring financial income75 | €1.3m | €9,867 | €191 | €1 | ▼ 99.5% |
| Financial charges65/66B | - | - | - | €756,147 | - |
| Recurring financial charges65 | -€3.0m | €1 | €80 | €756,147 | ▲ 943,314% |
| Profit (loss) for the period before taxes9903 | €1.2m | €355,223 | €419,530 | -€794,824 | ▼ 289% |
| Profit (loss) for the period9904 | €1.2m | €355,223 | €419,530 | -€794,824 | ▼ 289% |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €355,223 | €419,530 | -€794,824 | ▼ 289% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €24.2m | €16.3m | €17.0m | €6.7m | ▼ 60.4% |
| Fixed assets21/28 | €17.8m | €15.5m | €15.5m | €4.8m | ▼ 69.0% |
| Financial fixed assets28 | €17.8m | €15.5m | €15.5m | €4.8m | ▼ 69.0% |
| Current assets29/58 | €6.5m | €827,204 | €1.5m | €1.9m | ▲ 28.2% |
| Amounts receivable after more than one year29 | - | - | - | €1.9m | - |
| Other amounts receivable291 | - | - | - | €1.9m | - |
| Amounts receivable within one year40/41 | €4.1m | €764,326 | €762,106 | €405 | ▼ 99.9% |
| Other amounts receivable41 | - | - | - | €405 | - |
| Cash at bank and in hand54/58 | €2.2m | €62,879 | €30,455 | €4,367 | ▼ 85.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €24.2m | €16.3m | €17.0m | €6.7m | ▼ 60.4% |
| Equity10/15 | €10.1m | €7.2m | €7.6m | €6.7m | ▼ 11.6% |
| Contributions10/11 | €9.1m | €5.9m | €5.9m | €5.8m | ▼ 1.1% |
| Capital10 | - | - | - | €5.8m | - |
| Issued capital100 | - | - | - | €5.8m | - |
| Reserves13 | €960,601 | €1.3m | €1.7m | €921,157 | ▼ 46.9% |
| Non-distributable reserves130/1 | - | - | - | €578,673 | - |
| Legal reserve130 | - | - | - | €578,673 | - |
| Distributable reserves133 | - | - | - | €342,484 | - |
| Profit (loss) carried forward14 | -€346 | €0 | - | - | - |
| Amounts payable17/49 | €14.2m | €9.2m | €9.4m | €19,964 | ▼ 99.8% |
| Amounts payable after more than one year17 | €7.5m | €9.1m | €9.4m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €6.6m | €50,010 | €54,403 | €19,964 | ▼ 63.3% |
| Trade debts44 | €17,742 | €4,370 | €8,763 | €19,964 | ▲ 128% |
| Suppliers440/4 | - | - | - | €19,964 | - |
| Other amounts payable47/48 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €355,223 | €419,530 | -€794,824 | ▼ 289% |
| Operating cash flow (approximation) | €1.2m | €355,223 | €419,530 | -€794,824 | ▼ 289% |
| Investment in fixed assets (approximation) | - | €2.3m | €0 | €10.7m | - |
| Change in cash | - | -€2.1m | -€32,424 | -€26,088 | ▲ 19.5% |
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
2026
06-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 03-03-2026
2024
01-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 25-06-2024
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 80 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-12
Financial
Weakest financial yearnet -€794,824
Net result drops to -€794,824, the lowest in the series.
30-12
Financial
Liquidity triplescurrent ratio 95.84
Current ratio from 27.44 to 95.84; short-term debt falls from €54,403 to €19,964.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
30-12
Financial
Liquidity times 17current ratio 16.54
Current ratio from 0.97 to 16.54; short-term debt falls from €6.6m to €50,010.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Show earlier events
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER HUYGHE SAVAANSTRAAT 72, 9000 GENT- |
25-06-2024 → 03-03-2026 |
| Curator | SOFIE DE NIJS GROOT-BRIT-
TANNIELAAN 10, 9000 GENT |
25-06-2024 → 03-03-2026 |