ARALUX
InactiveARALUX was declared bankrupt on 10-03-2022 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed by liquidation by judgment of 14-03-2024, published in the Belgian State Gazette on 26-03-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three 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 30-06-2022, 4 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
30-06-2022 close31-01-2023 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 31-01-2022, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
on the day
2020
20 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 7 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 2021, abbreviated schema
Equity
-€80,625
2020 · €132,462
Total assets
€26,471▼ 90.1%
2020 · €267,563
Net result
-€213,087
2020 · €23,353
Working capital
-€4,254▼ 165%
2020 · -€1,606
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€18,413-€35,601▲ 93.3%€12,067▼ 66.1%
Net result€33,195-€23,353▼ 29.6%-€213,087
Equity€112,409-€132,462▲ 17.8%-€80,625
Total assets€262,505-€267,563▲ 1.9%€26,471▼ 90.1%
Debt€150,095-€135,101▼ 10.0%€107,095▼ 20.7%
Working capital-€9,396--€1,606▲ 82.9%-€4,254▼ 165%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 66% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €26,471
Fixed assets
€4,219 ▼ 98.2%
Current assets
€22,251 ▼ 36.6%
Key figures and ratios
EBITDA
€20,665▼
2020 · €44,199
Cash flow
-€204,489▼
2020 · €31,951
Solvency
-304.6%▼
2020 · 49.5%
Current ratio
0.84▼
2020 · 0.96
Debt to equity
-0.99▼
2020 · 0.74
ROA
-805.0%▼
2020 · 8.7%
Debt ≤ 1 year
€26,506▼
2020 · €36,719
Debt > 1 year
€79,466▼
2020 · €97,405
Income taxes
€3,722▼
2020 · €10,298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,598 | €8,598 | €8,598 | = |
| Gross operating margin9900 | €28,024 | €45,327 | €21,638 | ▼ 52.3% |
| Operating profit (loss)9901 | €18,413 | €35,601 | €12,067 | ▼ 66.1% |
| Recurring financial income75 | €25,000 | €0 | - | - |
| Recurring financial charges65 | €2,326 | €1,950 | €1,800 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €41,087 | €33,650 | -€209,365 | ▼ 722% |
| Income taxes67/77 | €7,892 | €10,298 | €3,722 | ▼ 63.9% |
| Profit (loss) for the period9904 | €33,195 | €23,353 | -€213,087 | ▼ 1,012% |
| Profit (loss) for the period to be appropriated9905 | €33,195 | €23,353 | -€213,087 | ▼ 1,012% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €262,505 | €267,563 | €26,471 | ▼ 90.1% |
| Fixed assets21/28 | €241,048 | €232,450 | €4,219 | ▼ 98.2% |
| Tangible fixed assets22/27 | €21,415 | €12,817 | €4,219 | ▼ 67.1% |
| Financial fixed assets28 | €219,632 | €219,632 | - | - |
| Current assets29/58 | €21,457 | €35,113 | €22,251 | ▼ 36.6% |
| Amounts receivable within one year40/41 | €4 | €33,267 | €20,643 | ▼ 37.9% |
| Cash at bank and in hand54/58 | €20,815 | €1,218 | €949 | ▼ 22.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €262,505 | €267,563 | €26,471 | ▼ 90.1% |
| Equity10/15 | €112,409 | €132,462 | -€80,625 | ▼ 161% |
| Contributions10/11 | €18,600 | - | - | - |
| Reserves13 | €93,809 | €113,862 | €58,408 | ▼ 48.7% |
| Profit (loss) carried forward14 | - | - | -€157,633 | - |
| Amounts payable17/49 | €150,095 | €135,101 | €107,095 | ▼ 20.7% |
| Amounts payable after more than one year17 | €118,420 | €97,405 | €79,466 | ▼ 18.4% |
| Amounts payable within one year42/48 | €30,853 | €36,719 | €26,506 | ▼ 27.8% |
| Trade debts44 | €1,843 | €2,209 | €524 | ▼ 76.3% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,195 | €23,353 | -€213,087 | ▼ 1,012% |
| + Depreciation and write-downs630 | €8,598 | €8,598 | €8,598 | = |
| Operating cash flow (approximation) | €41,793 | €31,951 | -€204,489 | ▼ 740% |
| Investment in fixed assets (approximation) | - | €0 | €219,632 | - |
| Change in cash | - | -€19,597 | -€269 | ▲ 98.6% |
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
26-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 14-03-2024
2022
16-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 10-03-2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€213,087
Net result drops to -€213,087, the lowest in the series.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
21-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
20-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | KATIE COPPENS EINESTRAAT 34, 9700 OUDENAARDE- |
10-03-2022 → 14-03-2024 |