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BAIRO

Inactive KBO/BCE: BE 0645.684.755
BAIRO
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Overview

Lifetime

3 annual accounts with figures on one time axis
peak €51,488 (2018)
€51,488▲ 461%
peak €26,061 (2018)
€26,061▲ 67×
peak €51,324 (2018)
€51,324▲ 103%
€28,651▲ 48.7%
Documentsfilings and deeds
03-12-2019125 days late
2018micro format
Gross margin from €9,180 to €51,488Result from €387 to €26,061Equity from €25,262 to €51,324Debts from €19,262 to €28,651Cash from €1,651 to €54,447

Key points

from the 2018 annual accounts, the last ones filed

Filings

3 annual accounts 2 late
AprilJune31 JulyOctober201620172018

The 2018 accounts came latest: 125 days after the end of the period.

No score

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Bruges division · judgment of 06-11-2023 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Bruges division · judgment of 01-04-2021 · Bankruptcy
Legal-form change Registered office clause: Muizenoorstraat 10, 8200 Sint-Andries · Gazette deed
Registered office moved from Brugge Sint Andries to Bruges New registered office: Kloosterhof 5 8200 Brugge · Previous registered office: muizenoorstraat 10 8200 Brugge Sint Andries · Gazette deed
All 11 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 15-01-2016 · bankruptcy closed on 06-11-2023
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

€51,488
≈ €150,000estimated
€26,061
€51,324
€79,974
Filing
Filed on 03-12-2019
Financials

Insights on BAIRO

On 1 April 2021 the court declared BAIRO bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

micro format, filed on 03-12-2019, 125 days late
€51,488
▲ 461%
€33,521
▲ 18×
€26,061
▲ 67×
€40,052
▲ 683%
64.2%
▲ 7.4 percentage points
2.68
▲ 1.41

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €100,000 and €270,000.

Balance sheet

balance sheet total €79,974 on 31-12-2018
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201820172016
Balance sheet: assets
20/58 79,97444,52452,004
21/28 16,07820,1454,882
22/27 16,07820,1454,882
24 7,8198,9192,322
26 8,25911,2252,560
29/58 63,89724,37947,122
40/41 7,12222,72823,701
40 5,11120,63023,701
41 2,0112,098-
54/58 54,4471,65123,422
490/1 2,328--
Balance sheet: equity and liabilities
10/49 79,97444,52452,004
10/15 51,32425,26224,875
10/11 6,2006,2006,200
100 18,60018,60018,600
101 12,40012,40012,400
13 1,8601,8601,860
130 1,8601,8601,860
14 43,26417,20216,815
17/49 28,65119,26227,129
42/48 23,84419,26227,129
44 2,049680213
440/4 2,049680213
45 4,6501,05012,780
450/3 4,6501,05012,780
47/48 17,14517,53214,136
492/3 4,806--
Income statement
9900 51,4889,18033,299
630 7,2426,2652,744
631/4 9,750--
640/8 9741,0001,490
9901 33,5211,91429,065
75/76B --5
75 --5
65/66B 1,3841,351994
65 1,3841,351994
9903 32,13756328,075
67/77 6,0761769,400
9904 26,06138718,675
9905 26,06138718,675
Appropriation of the result
9906 43,26417,20218,675
691/2 --1,860
6920 --1,860
Document PDFPDFPDF

Source: Annual accounts 2018 (PDF), filed on 03-12-2019.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2018 annual accounts filed 125 days after the deadline. Filed on 3 December 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-75500386.

Financial year Type Filed Reference Document
31-12-2018 micro format 03-12-2019 2019-75500386 PDF
31-12-2017 micro format 02-08-2018 2018-43000195 PDF
31-12-2016 micro format 18-07-2017 2017-34000030 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201820172016
40,7648,17931,809
33,3046,65221,419
3,17521,5276,683
52,796-21,771-
40,0525,11819,993
64.2%56.7%47.8%
2.681.271.74
0.560.761.09
50.8%1.5%75.1%
32.6%0.9%35.9%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on BAIRO

The operating result for 2018 is nearly 18 times that of 2017 and the highest since 2016. It is a recovery after the fall in 2017.

Debt's share of the balance-sheet total falls from 43.3% to 35.8%. Equity and debt are higher.

Board & ownership

Curator

1 mandate
Johan Mermuys
Curator, Dorpsstraat 76 Bus 3, 8490 Jabbeke
from 01-04-2021 to 06-11-2023
Also on 47 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€6,200
Source
2018 annual accounts

Office holders in the KBO →

Timeline

Timeline

11 events since 2016
2023
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Bruges division · judgment of 06-11-2023
2021
Bankruptcy published Enterprise Court of Ghent, Bruges division · judgment of 01-04-2021
Legal-form changeRegistered office clause: Muizenoorstraat 10, 8200 Sint-Andries2 points ▸
  • Correction, 16-11-2020
  • Registered office clause, Muizenoorstraat 10, 8200 Sint-Andries

Open the deed in the Belgian Official Gazette

2020
Registered office moved from Brugge Sint Andries to BrugesNew registered office: Kloosterhof 5 8200 Brugge · Previous registered office: muizenoorstraat 10 8200 Brugge Sint Andries1 point ▸
  • Registered-office move, Kloosterhof 5 8200 Brugge

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFmicro format · 125 days late
2018
Highest result from 2016 to 2018 net €26,061 ▲6,628% The operating result of €33,521 and the net result of €26,061 are both a record.
Liquidity more than doubled current ratio 2.68 The current ratio rises from 1.27 to 2.68.
Annual accounts 2017 filed PDFmicro format · 2 days late
2017
Weakest financial year net €387 ▼97.9% The net result drops to €387, the lowest from 2016 to 2018.
Annual accounts 2016 filed PDFmicro format · 13 days before the deadline
2016
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 08-04-2021

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

In 2020 the registered office moved to Bruges.1 BAIRO has filed 3 sets of annual accounts, the latest for financial year 2018.2 The company was declared bankrupt on 1 April 2021. The bankruptcy was closed on 6 November 2023.34

  1. 1Belgian Official Gazette, 24-11-2020
  2. 2National Bank, annual accounts 2018
  3. 3Belgian Official Gazette, 08-04-2021
  4. 4Belgian Official Gazette, 14-11-2023

Company details

Inactive

BAIRO is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2018
Last registered office
Kloosterhof 5, 8200 Bruggeas published on 5 February 2021
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2016
Official KBO record

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