ASFALT BEDRIJF
InactiveASFALT BEDRIJF was declared bankrupt on 06-09-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 04-02-2025, published in the Belgian State Gazette on 10-02-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 13-01-2022, 166 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
166 d late
2019
475 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€1.80M▲ 70.5%
2018 · €1.06M
2018: €1.06M
2018 → 2019
EBIT margin
4.1%▲ 1.4pp
2018 · 2.7%
2018: 2.7%
2018 → 2019
Net result
€141k▲ 99.7%
2019 · €71k
2018: €28k
2019: €71k
2018 → 2020
Working capital
€-74k▲ 65.9%
2019 · €-218k
2018: €-48k
2019: €-218k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€1.06M-€1.80M▲ 70.5%
Equity€91k-€162k▲ 77.4%€303k▲ 87.2%
Operating result€29k-€74k▲ 158%€204k▲ 176%
Net result€28k-€71k▲ 149%€141k▲ 99.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 176% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.37M
Fixed assets
€684k ▼ 12.6%
Current assets
€683k ▼ 2.3%
Equity and liabilities €1.37M
Equity
€303k ▲ 87.2%
Debt
€1.06M ▼ 19.4%
The debt ratio falls from 89.1% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€371k▲
2019 · €120k
Cash flow
€308k▲
2019 · €117k
Current ratio
0.90▲
2019 · 0.76
Debt / equity
1.01▼
2019 · 2.49
ROE
46.6%▲
2019 · 43.6%
ROA
10.3%▲
2019 · 4.8%
Debt ≤ 1 year
€757k▼
2019 · €917k
Debt > 1 year
€306k▼
2019 · €402k
Income taxes
€39k▲
2019 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 31 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.48M€1.37M▼
Formation expenses20€0€0=
Fixed assets21/28€782k€684k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€777k€676k▼
Financial fixed assets28€5k€7k▲
Current assets29/58€699k€683k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€625k€630k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€10k€46k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.37M▼
Equity10/15€162k€303k▲
Contributions10/11€6k€6k=
Reserves13€30k€30k=
Profit (loss) carried forward14€125k€266k▲
Amounts payable17/49€1.32M€1.06M▼
Amounts payable after more than one year17€402k€306k▼
Amounts payable within one year42/48€917k€757k▼
Trade debts44€693k€484k▼
Income statement
Code20192020
Turnover70€1.80M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€168k▲
Gross operating margin9900€416k€688k▲
Operating profit (loss)9901€74k€204k▲
Recurring financial income75€0€1▲
Recurring financial charges65€4k€24k▲
Profit (loss) for the period before taxes9903€71k€180k▲
Income taxes67/77€0€39k▲
Profit (loss) for the period9904€71k€141k▲
Profit (loss) for the period to be appropriated9905€71k€141k▲
Appropriation of the result
Return on contributions (dividend)694€0€0=
Timeline · acts, filings and financial milestones
2025
10-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · ASFALT BEDRIJF BV SASSTRAAT 29, 9050 GENTBRUGGE · event 04-02-2025
2022
12-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · ASFALT BEDRIJF BV SAS- STRAAT 29, 9050 GENTBRUGGE · event 06-09-2022
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 166 days late
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 475 days late
2020
31-12
Financial
Highest result since 2018net €141k ▲99.7%
Operating result €204k, net result €141k, both a record.
31-12
Financial
Equity above €200kEq €303k ▲87.2%
3 profitable years in a row build equity to €303k.
2019
31-12
Financial
Equity above €150kEq €162k ▲77.4%
2 profitable years in a row build equity to €162k.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 153 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 76 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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 | BENNY GOOSSENS TOLPOORTSTRAAT 145,
9800 DEINZE |
06-09-2022 → present |