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BAGO28

Bankruptcy closed1 interim measure
Private limited companyKBO/BCE: BE 0761.965.187

Inactive since 23-09-2026; last annual accounts for financial year 2023.

Summary

BAGO28 was declared bankrupt on 06-01-2025 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 21-09-2026, published in the Belgian Official Gazette on 25-09-2026.

BAGO28Bankruptcy closed

Financials · financial year 2023, micro format

2023 annual accounts filed late (68 days) Filed on 7 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00505680.

Equity
€6,610
2022 · -€7,843
Total assets
€85,261▲ 600%
2022 · €12,174
Net result
€14,453
2022 · -€10,343
Working capital
€6,610
2022 · -€7,843
Trend over the years

2021 to 2023, 3 financial years

The operating result returns to profit in 2023: €17,054 after a loss of €10,130 in 2022, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€17,054 2023 Net result€14,453 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202120222023
Operating result€0--€10,130€17,054
Net result€0--€10,343€14,453
Equity€2,500--€7,843€6,610
Total assets€2,500-€12,174▲ 387%€85,261▲ 600%
Debt€20,017€78,651▲ 293%
Working capital-€7,843€6,610
Staff (FTE)5.9
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Equity and liabilities €85,261
Equity €6,610
Debt €78,651
Debt finances 92.2% of the balance-sheet total.
Key figures and ratios
2023 value · change against 2022
Current ratio
1.08▲
2022 · 0.61
Debt to equity
11.90
ROE
218.6%
ROA
17.0%▲
2022 · -85.0%
Debt ≤ 1 year
€78,651▲
2022 · €20,017
Income taxes
€1,245
Staff costs
€101,737
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 34 lines
Balance sheet Code20222023
Assets
Total assets20/58€12,174€85,261▲
Current assets29/58€12,174€85,261▲
Amounts receivable within one year40/41€12,174€74,949▲
Trade receivables40€12,174€55,364▲
Other amounts receivable41-€19,585
Cash at bank and in hand54/58-€10,312
Equity and liabilities
Total equity and liabilities10/49€12,174€85,261▲
Equity10/15-€7,843€6,610▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€10,343€4,110▲
Amounts payable17/49€20,017€78,651▲
Amounts payable within one year42/48€20,017€78,651▲
Financial debts43€300€0▼
Credit institutions430/8€300€0▼
Trade debts44€10,130€27,950▲
Suppliers440/4€10,130€27,950▲
Taxes, remuneration and social security45-€45,669
Taxes450/3-€25,842
Remuneration and social security454/9-€19,827
Other amounts payable47/48€9,587€5,031▼
Income statement Code20222023
Remuneration, social security and pensions62-€101,737
Other operating charges640/8-€1,919
Gross operating margin9900-€10,130€120,709▲
Operating profit (loss)9901-€10,130€17,054▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€213€1,356▲
Recurring financial charges65€213€1,356▲
Profit (loss) for the period before taxes9903-€10,343€15,698▲
Income taxes67/77-€1,245
Profit (loss) for the period9904-€10,343€14,453▲
Profit (loss) for the period to be appropriated9905-€10,343€14,453▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,343€4,110▲
Profit (loss) brought forward from the previous period14P--€10,343

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Remuneration, social security and pensions62--€101,737-
Other operating charges640/8--€1,919-
Gross operating margin9900€0-€10,130€120,709-
Operating profit (loss)9901€0-€10,130€17,054-
Financial income75/76B--€0-
Recurring financial income75--€0-
Financial charges65/66B-€213€1,356▲ 536%
Recurring financial charges65-€213€1,356▲ 536%
Profit (loss) for the period before taxes9903€0-€10,343€15,698-
Income taxes67/77--€1,245-
Profit (loss) for the period9904€0-€10,343€14,453-
Profit (loss) for the period to be appropriated9905€0-€10,343€14,453-
Line202120222023Change
Assets
Total assets20/58€2,500€12,174€85,261▲ 600%
Current assets29/58€2,500€12,174€85,261▲ 600%
Amounts receivable within one year40/41-€12,174€74,949▲ 516%
Trade receivables40-€12,174€55,364▲ 355%
Other amounts receivable41--€19,585-
Cash at bank and in hand54/58€2,500-€10,312-
Equity and liabilities
Total equity and liabilities10/49€2,500€12,174€85,261▲ 600%
Equity10/15€2,500-€7,843€6,610-
Contributions10/11€2,500€2,500€2,500=
Profit (loss) carried forward14--€10,343€4,110-
Amounts payable17/49-€20,017€78,651▲ 293%
Amounts payable within one year42/48-€20,017€78,651▲ 293%
Financial debts43-€300€0▼ 100%
Credit institutions430/8-€300€0▼ 100%
Trade debts44-€10,130€27,950▲ 176%
Suppliers440/4-€10,130€27,950▲ 176%
Taxes, remuneration and social security45--€45,669-
Taxes450/3--€25,842-
Remuneration and social security454/9--€19,827-
Other amounts payable47/48-€9,587€5,031▼ 47.5%
Line202120222023Change
Profit (loss) for the period9904€0-€10,343€14,453-
Operating cash flow (approximation)€0-€10,343€14,453-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2023 micro format 07-10-2024 2024-00505680
31-12-2022 micro format 11-10-2023 2023-00487957
31-12-2021 micro format 20-06-2023 2023-00144947

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.