BACHUSS
InactiveBACHUSS was declared bankrupt on 18-07-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 16-07-2024, published in the Belgian State Gazette on 23-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
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 30-09-2023, 3 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 · 3 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 03-05-2023, 3 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 d late
2021
6 d late
2020
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€8k▼ 43.0%
2021 · €15k
2020: €1k
2021: €15k
2020 → 2022
Total assets
€91k▼ 0.4%
2021 · €91k
2020: €44k
2021: €91k
2020 → 2022
Net result
€-5k
2021 · €14k
2020: €379
2021: €14k
2020 → 2022
Working capital
€4k
2021 · €-11k
2020: €-10k
2021: €-11k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€1k-€15k▲ 953%€8k▼ 43.0%
Operating result€379-€19k▲ 4,849%€-4k
Net result€379-€14k▲ 3,583%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €4k after €19k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €91k
Fixed assets
€56k ▼ 23.7%
Current assets
€35k ▲ 97.7%
Equity and liabilities €91k
Equity
€8k ▼ 43.0%
Debt
€83k ▲ 7.7%
Debt's share of the balance-sheet total rises from 84.1% to 90.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▼
2021 · €31k
Cash flow
€13k▼
2021 · €26k
Current ratio
1.13▲
2021 · 0.61
Debt to equity
9.98▲
2021 · 5.28
ROE
-65.8%▼
2021 · 96.0%
ROA
-6.0%▼
2021 · 15.3%
Interest coverage
11.63▼
2021 · 26.94
Debt ≤ 1 year
€31k▲
2021 · €29k
Debt > 1 year
€52k▲
2021 · €45k
Income taxes
€124▼
2021 · €4k
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 · 2022 against 2021 · 46 lines
Balance sheet
Code20212022
Assets
Total assets20/58€91k€91k▼
Fixed assets21/28€74k€56k▼
Tangible fixed assets22/27€74k€56k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€41k€32k▼
Leasing and similar rights25€30k€22k▼
Current assets29/58€18k€35k▲
Amounts receivable within one year40/41€6k€8k▲
Trade receivables40€4k€4k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1€6k€23k▲
Equity and liabilities
Total equity and liabilities10/49€91k€91k▼
Equity10/15€15k€8k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€14k€7k▼
Amounts payable17/49€77k€83k▲
Amounts payable after more than one year17€45k€52k▲
Financial debts170/4€45k€52k▲
Amounts payable within one year42/48€29k€31k▲
Current portion of amounts payable after more than one year42€17k€16k▼
Financial debts43€40-
Credit institutions430/8€40-
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€4k€8k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€2k€560▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€18k▲
Other operating charges640/8€1k€931▼
Gross operating margin9900€33k€15k▼
Operating profit (loss)9901€19k€-4k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€18k€-5k▼
Income taxes67/77€4k€124▼
Profit (loss) for the period9904€14k€-5k▼
Profit (loss) for the period to be appropriated9905€14k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€8k▼
Profit (loss) brought forward from the previous period14P€379€14k▲
Profit to be distributed694/7€800€800=
Return on contributions (dividend)694€800€800=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
23-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · BACHUSS BV HAUTHEM 89/A, 3320 HOEGAARDEN · event 16-07-2024
2023
25-07
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · BACHUSS BV HAUTHEM 89/A, 3320 HOEGAARDEN · event 18-07-2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial
Weakest financial yearnet €-5k ▼139%
Net result drops to €-5k, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
30-09
Financial
Highest result since 2020net €14k ▲3583%
Operating result €19k, net result €14k, both a record.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 | LIES DEWAEL ZOUTLEEUWSTRAAT 52, 3404 ATTEN-
HOVEN |
18-07-2023 → 16-07-2024 |