ARM FOOD 2
Open bankruptcyA bankruptcy procedure is open for ARM FOOD 2 according to publications in the Belgian State Gazette; curator: CATHARINA ORLENT.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Two 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 31-12-2020 was due by 31-07-2021 and was filed on 29-10-2021, 90 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 · 1 filingDeviation from the deadline
2020
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€174k
EBIT margin
-3.7%
Net result
€-7k
Working capital
€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €100k
Fixed assets
€20k
Current assets
€80k
Equity and liabilities €100k
Equity
€11k
Debt
€88k
Debt finances 88.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€-5k
Cash flow
€-5k
Current ratio
0.90
Quick ratio
0.57
ROE
-57.7%
ROA
-6.6%
Debt ≤ 1 year
€88k
Filed annual accounts As filed with the NBB · 2020 · 22 lines
Balance sheet
Code2020
Assets
Total assets20/58€100k
Fixed assets21/28€20k
Financial fixed assets28€20k
Current assets29/58€80k
Stocks and contracts in progress3€29k
Amounts receivable within one year40/41€49k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€100k
Equity10/15€11k
Contributions10/11€18k
Profit (loss) carried forward14€-7k
Amounts payable17/49€88k
Amounts payable within one year42/48€88k
Trade debts44€68k
Income statement
Code2020
Turnover70€174k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Gross operating margin9900€-270
Operating profit (loss)9901€-7k
Recurring financial charges65€65
Profit (loss) for the period before taxes9903€-7k
Profit (loss) for the period9904€-7k
Profit (loss) for the period to be appropriated9905€-7k
Timeline · acts, filings and financial milestones
2023
27-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ARM FOOD 2 BV MIDDELMO- LENLAAN 32 - 34, 2100 DEURNE (ANTWERPEN) · event 20-07-2023
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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 | CATHARINA ORLENT PR. JOS. CHARLOTTELAAN 71,
9100 SINT-NIKLAAS |
20-07-2023 → present |