Banak Renovations
InactiveBanak Renovations was declared bankrupt on 15-12-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 13-02-2024, published in the Belgian State Gazette on 19-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
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 30-09-2022, 4 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
30-09-2022 close30-04-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 02-05-2022, 2 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
2 d late
2020
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€54k▲ 41.2%
2020 · €38k
2020: €38k
2020 → 2021
Total assets
€99k▲ 3.7%
2020 · €96k
2020: €96k
2020 → 2021
Net result
€16k▼ 56.5%
2020 · €36k
2020: €36k
2020 → 2021
Working capital
€54k▲ 41.2%
2020 · €38k
2020: €38k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€38k-€54k▲ 41.2%
Operating result€52k-€20k▼ 61.9%
Net result€36k-€16k▼ 56.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 62% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €99k
Equity
€54k ▲ 41.2%
Debt
€45k ▼ 21.4%
Debt's share of the balance-sheet total falls from 59.9% to 45.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.20▲
2020 · 1.67
Debt to equity
0.83
ROE
29.2%▼
2020 · 94.8%
ROA
15.9%▼
2020 · 38.0%
Debt ≤ 1 year
€45k▼
2020 · €57k
Income taxes
€4k▼
2020 · €16k
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 · 2021 against 2020 · 34 lines
Balance sheet
Code20202021
Assets
Total assets20/58€96k€99k▲
Current assets29/58€96k€99k▲
Amounts receivable within one year40/41€95k€83k▼
Trade receivables40-€62k
Other amounts receivable41-€21k
Cash at bank and in hand54/58€806€29▼
Deferred charges and accrued income490/1-€17k
Equity and liabilities
Total equity and liabilities10/49€96k€99k▲
Equity10/15€38k€54k▲
Contributions10/11-€2k
Outside capital11-€2k
Other1109/19-€2k
Profit (loss) carried forward14€36k€52k▲
Amounts payable17/49€57k€45k▼
Amounts payable within one year42/48€57k€45k▼
Trade debts44€38k€35k▼
Suppliers440/4-€35k
Taxes, remuneration and social security45-€6k
Taxes450/3-€4k
Remuneration and social security454/9-€2k
Other amounts payable47/48-€4k
Income statement
Code20202021
Other operating charges640/8-€418
Gross operating margin9900€52k€20k▼
Operating profit (loss)9901€52k€20k▼
Financial income75/76B-€655
Recurring financial income75-€655
Financial charges65/66B-€199
Recurring financial charges65€10€199▲
Profit (loss) for the period before taxes9903€52k€20k▼
Income taxes67/77€16k€4k▼
Profit (loss) for the period9904€36k€16k▼
Profit (loss) for the period to be appropriated9905€36k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€52k
Profit (loss) brought forward from the previous period14P-€36k
Timeline · acts, filings and financial milestones
2024
19-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BANAK RENOVATIONS BV ANTOON VAN DEN BOSSCHELAAN 67/3, 2100 DEURNE (ANTWERPEN) · event 13-02-2024
2022
21-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BANAK RENOVATIONS BV ANTOON VAN DEN BOSSCHELAAN 67/3, 2100 DEURNE (ANTWERPEN) · event 15-12-2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 7 days late
SignalNBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
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 | LIESBET JACOBS POPULIERENLAAN 43, 2630 AARTSE-
LAAR |
15-12-2022 → 13-02-2024 |