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ARGA-CARE

Inactive
KBO/BCE: BE 0877.159.419

ARGA-CARE was declared bankrupt on 11-10-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-07-2023, published in the Belgian State Gazette on 03-08-2023.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 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 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-09-2022, 58 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
58 d late
2020
26 d late
2019
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity
€-177k▼ 1.1%
2020 · €-175k
2018: €102k 2019: €-174k 2020: €-175k
2018 → 2021
Total assets
€3k▼ 99.0%
2018 · €342k
2018: €342k
2018 → 2019
Net result
€-2k▼ 37.3%
2020 · €-1k
2018: €-3k 2019: €-276k 2020: €-1k
2018 → 2021
Working capital
€-3k
2018 · €97k
2018: €97k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€102k-€-174k€-175k▼ 0.8%€-177k▼ 1.1%
Operating result€-6k-€-275k▼ 4,435%€-2k▲ 99.3%€-2k▼ 7.0%
Net result€-3k-€-276k▼ 9,364%€-1k▲ 99.5%€-2k▼ 37.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0Operating result 2018: €-6k€-6kNet result 2018: €-3k€-3kOperating result 2019: €-275k€-275kNet result 2019: €-276k€-276kOperating result 2020: €-2k€-2kNet result 2020: €-1k€-1kOperating result 2021: €-2k€-2kNet result 2021: €-2k€-2k2018201920202021€-300k€-200k€-100k€0Operating result 2019: €-275k€-275kNet result 2019: €-276k€-276kOperating result 2020: €-2k€-1.8kNet result 2020: €-1k€-1.4kOperating result 2021: €-2k€-2kNet result 2021: €-2k€-2k201920202021
The operating result stays negative: a loss of €2k in 2021 against €2k in 2020; the loss grows.
Key figures and ratios
2021 value · change against 2020
Debt to equity
-1.00
2020 · -0.97
Debt
€177k
2020 · €175k
Debt ≤ 1 year
€7k
2020 · €5k
Debt > 1 year
€170k=
2020 · €170k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 22 lines
Balance sheet Code20202021
Equity and liabilities
Equity10/15€-175k€-177k
Contributions10/11-€19k
Reserves13€4k€4k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132-€2k
Profit (loss) carried forward14€-197k€-199k
Amounts payable17/49€175k€177k
Amounts payable after more than one year17€170k€170k=
Financial debts170/4-€170k
Amounts payable within one year42/48€5k€7k
Trade debts44€3k€948
Suppliers440/4-€948
Other amounts payable47/48-€6k
Income statement Code20202021
Gross operating margin9900€-2k€-2k
Operating profit (loss)9901€-2k€-2k
Recurring financial charges65€289-
Profit (loss) for the period before taxes9903€-1k€-2k
Profit (loss) for the period9904€-1k€-2k
Profit (loss) for the period to be appropriated9905€-1k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906-€-199k
Profit (loss) brought forward from the previous period14P-€-197k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
03-08
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · ARGA-CARE BV SCHAPENSTRAAT 198, 1750 LENNIK · event 25-07-2023
2022
17-10
Bankruptcy Opening
Ondernemingsrechtbank Brussel · ARGA-CARE BV SCHAPEN- STRAAT 198, 1750 LENNIK · event 11-10-2022
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
15-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €-276k
Net result drops to €-276k, the lowest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
14-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 14 days late
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
19-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
16-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
04-06
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.

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

1 mandate
Role Name Tenure
Curator STEVEN NYSTEN
PEGASUSLAAN 5, 1831 DIEGEM-
11-10-202225-07-2023