BALLSNBRAINS
InactiveBALLSNBRAINS was declared bankrupt on 30-08-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 05-05-2025, published in the Belgian State Gazette on 09-05-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four 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 31-03-2023, 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 · 2 filingsPosition against the passed deadline
31-03-2023 close31-10-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 31-10-2022, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-14k
2021 · €26k
2021: €26k
2021 → 2022
Total assets
€294k▼ 19.9%
2021 · €367k
2021: €367k
2021 → 2022
Net result
€-40k▼ 67.4%
2021 · €-24k
2021: €-24k
2021 → 2022
Working capital
€-30k
2021 · €35k
2021: €35k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€26k-€-14k
Operating result€-14k-€-32k▼ 136%
Net result€-24k-€-40k▼ 67.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32k in 2022 against €14k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €294k
Fixed assets
€222k▼ 7.1%
Current assets
€71k▼ 44.0%
Key figures and ratios
EBITDA
€-18k▼
2021 · €9k
Cash flow
€-25k▼
2021 · €-2k
Solvency
-4.6%▼
2021 · 7.1%
Current ratio
0.71▼
2021 · 1.38
Quick ratio
0.68▼
2021 · 1.35
Debt / equity
-22.52▼
2021 · 9.47
ROA
-13.6%▼
2021 · -6.5%
Interest coverage
-2.25
Debt
€307k▼
2021 · €340k
Debt ≤ 1 year
€101k▲
2021 · €92k
Debt > 1 year
€207k▼
2021 · €248k
Staff costs
€63k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€367k€294k▼
Fixed assets21/28€239k€222k▼
Tangible fixed assets22/27€237k€222k▼
Plant, machinery and equipment23-€55k
Furniture and vehicles24-€7k
Other tangible fixed assets26-€160k
Financial fixed assets28€2k€237▼
Current assets29/58€127k€71k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36-€2k
Amounts receivable within one year40/41€7k€9k▲
Trade receivables40-€2k
Other amounts receivable41-€7k
Cash at bank and in hand54/58€115k€53k▼
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€367k€294k▼
Equity10/15€26k€-14k▼
Contributions10/11-€50k
Profit (loss) carried forward14€-24k€-64k▼
Amounts payable17/49€340k€307k▼
Amounts payable after more than one year17€248k€207k▼
Financial debts170/4-€207k
Amounts payable within one year42/48€92k€101k▲
Current portion of amounts payable after more than one year42-€44k
Trade debts44€23k€44k▲
Suppliers440/4-€44k
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45-€7k
Remuneration and social security454/9-€7k
Income statement
Code20212022
Remuneration, social security and pensions62-€63k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€15k▼
Other operating charges640/8-€951
Gross operating margin9900€118k€47k▼
Operating profit (loss)9901€-14k€-32k▼
Financial income75/76B-€302
Recurring financial income75€28€302▲
Financial charges65/66B-€8k
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€-24k€-40k▼
Profit (loss) for the period9904€-24k€-40k▼
Profit (loss) for the period to be appropriated9905€-24k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-64k
Profit (loss) brought forward from the previous period14P-€-24k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · BALLSNBRAINS BV NAUWSTRAAT 10/0, 2800 MECHELEN · event 05-05-2025
2023
05-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · BALLSNBRAINS BV NAUW- STRAAT 10/0, 2800 MECHELEN · event 30-08-2023
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
SignalNBB filing
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 | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
30-08-2023 → present |