AMBISOFT
Open bankruptcyA bankruptcy procedure is open for AMBISOFT according to publications in the Belgian State Gazette; curator: SERGE VAN EEGHEM.
Summary
The 2021 annual accounts show equity of €568k and a net result of €-1.16M.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 03-12-2021, 33 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
2021
33 d late
2019
121 d early
2018
131 d early
2017
4 d early
2016
2 d early
2015
53 d early
2014
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€568k▼ 74.5%
2019 · €2.23M
Total assets
€5.91M▼ 4.3%
2019 · €6.18M
Net result
€-1.16M
2019 · €257k
Working capital
€480k▼ 17.1%
2019 · €579k
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
Line201820192021
Operating result€350k-€334k▼ 4.6%€-992k-
Net result€253k-€257k▲ 1.5%€-1.16M-
Equity€1.97M-€2.23M▲ 13.0%€568k-
Total assets€5.57M-€6.18M▲ 10.9%€5.91M-
Debt€3.60M-€3.94M▲ 9.7%€5.34M-
Working capital€440k-€579k▲ 31.4%€480k-
Staff (FTE)13.9-13▼ 6.5%12.3-
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-992k in 2021, compared with €334k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €5.91M
Fixed assets
€4.31M ▼ 1.7%
Current assets
€1.60M ▼ 10.6%
Equity and liabilities €5.91M
Equity
€568k ▼ 74.5%
Debt
€5.34M ▲ 35.4%
Debt's share of the balance-sheet total rises from 63.9% to 90.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-254k▼
2019 · €870k
Cash flow
€-424k▼
2019 · €793k
Current ratio
1.43▼
2019 · 1.48
Quick ratio
1.30▼
2019 · 1.33
Debt to equity
7.43▲
2019 · 1.22
ROE
-204.8%▼
2019 · 11.5%
ROA
-19.7%▼
2019 · 4.2%
Debt ≤ 1 year
€1.12M▼
2019 · €1.21M
Debt > 1 year
€4.22M▲
2019 · €2.73M
Income taxes
€8k▲
2019 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €457k | €536k | €739k | - |
| Gross operating margin9900 | €1.71M | €1.71M | €1.06M | - |
| Operating profit (loss)9901 | €350k | €334k | €-992k | - |
| Recurring financial income75 | €3k | €93 | €3k | - |
| Recurring financial charges65 | €98k | €77k | €166k | - |
| Profit (loss) for the period before taxes9903 | €255k | €257k | €-1.16M | - |
| Income taxes67/77 | €2k | €0 | €8k | - |
| Profit (loss) for the period9904 | €253k | €257k | €-1.16M | - |
| Profit (loss) for the period to be appropriated9905 | €253k | €257k | €-1.16M | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5.57M | €6.18M | €5.91M | - |
| Fixed assets21/28 | €4.20M | €4.38M | €4.31M | - |
| Intangible fixed assets21 | €3.39M | €3.63M | €3.49M | - |
| Tangible fixed assets22/27 | €805k | €753k | €814k | - |
| Current assets29/58 | €1.37M | €1.79M | €1.60M | - |
| Stocks and contracts in progress3 | €172k | €179k | €140k | - |
| Amounts receivable within one year40/41 | €517k | €1.30M | €820k | - |
| Current investments50/53 | €57k | €57k | €57k | - |
| Cash at bank and in hand54/58 | €66k | €20k | €107k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5.57M | €6.18M | €5.91M | - |
| Equity10/15 | €1.97M | €2.23M | €568k | - |
| Contributions10/11 | €1.77M | €1.77M | €1.77M | - |
| Reserves13 | €1.51M | €1.51M | €1.01M | - |
| Profit (loss) carried forward14 | €-1.30M | €-1.05M | €-2.21M | - |
| Amounts payable17/49 | €3.60M | €3.94M | €5.34M | - |
| Amounts payable after more than one year17 | €2.66M | €2.73M | €4.22M | - |
| Amounts payable within one year42/48 | €933k | €1.21M | €1.12M | - |
| Trade debts44 | €250k | €334k | €419k | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €253k | €257k | €-1.16M | - |
| + Depreciation and write-downs630 | €457k | €536k | €739k | - |
| Operating cash flow (approximation) | €710k | €793k | €-424k | - |
| Investment in fixed assets (approximation) | - | €-724k | - | - |
| Change in cash | - | €-46k | - | - |
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
2022
02-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 19-04-2022
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 33 days late
31-03
Financial
Weakest financial yearnet €-1.16M
Net result drops to €-1.16M, the lowest in the series.
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-09
Financial
Highest result since 2018net €257k ▲1.5%
Net result €257k, the highest in the series.
30-09
Financial
Equity above €2MEq €2.23M ▲13%
2 profitable years in a row build equity to €2.23M.
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
27-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 58 days late
2011
22-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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
Registered office, Nazareth-De Pinte · 1 establishment unit since 2007
Ground area
3,072 m²
Building footprint
1,625 m²
Volume, LiDAR
9,028 m³
Parcel 44048G0437/00R000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
40
companies at this address
See who is registered here
1 establishment unit
Silicon
since 20072.164.775.229
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048G0437/00R000 | Flanders | 3,072 m² | 1 · 1,625 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SERGE VAN EEGHEM ZUIDSTATIONSTRAAT 34-36,
9000 GENT |
19-04-2022 → present |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 5,758 EUR awarded · 5,758 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 693 EUR | 693 EUR |
| 2022 | 1 | 5,065 EUR | 5,065 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,054 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-02-2005
Fiscal year end31-03
Activities, NACEBEL 2025
62900Other information technology and computer services
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.