BARAN
Open bankruptcyA bankruptcy procedure is open for BARAN according to publications in the Belgian State Gazette; curator: CHARLOTTE PIERS.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 27-03-2020, 126 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
126 d early
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€25k
2018 · €-20k
2018: €-20k
2018 → 2019
Total assets
€83k▲ 2,220%
2018 · €4k
2018: €4k
2018 → 2019
Net result
€45k▲ 32.2%
2018 · €34k
2018: €34k
2018 → 2019
Working capital
€25k
2018 · €-20k
2018: €-20k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-20k-€25k
Operating result€34k-€45k▲ 32.2%
Net result€34k-€45k▲ 32.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 32% above 2018.
Balance-sheet composition
Equity and liabilities €83k
Equity
€25k
Debt
€59k
Debt finances 70.5% of the balance-sheet total.
Key figures and ratios
Solvency
29.5%
Current ratio
1.42
Quick ratio
1.42
ROE
183.5%
ROA
54.2%
Debt
€59k▲
2018 · €24k
Debt ≤ 1 year
€59k▲
2018 · €24k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€4k€83k▲
Current assets29/58€4k€83k▲
Amounts receivable within one year40/41€836€83k▲
Cash at bank and in hand54/58€3k€477▼
Equity and liabilities
Total equity and liabilities10/49€4k€83k▲
Equity10/15€-20k€25k▲
Contributions10/11€19k€19k=
Reserves13-€2k
Profit (loss) carried forward14€-39k€4k▲
Amounts payable17/49€24k€59k▲
Amounts payable within one year42/48€24k€59k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146-
Gross operating margin9900€81k€47k▼
Operating profit (loss)9901€34k€45k▲
Recurring financial income75-€0
Recurring financial charges65€22€27▲
Profit (loss) for the period before taxes9903€34k€45k▲
Profit (loss) for the period9904€34k€45k▲
Profit (loss) for the period to be appropriated9905€34k€45k▲
Timeline · acts, filings and financial milestones
2023
25-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BARAN BV TROOSTSTRAAT 21, 1030 Schaarbeek · event 18-07-2023
12-07
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: BARAN BV- TROOSTSTRAAT 21, 1030 BRUSSEL 3
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 239 days late
2019
31-12
Financial
Liquidity times 10current ratio 1.42
Current ratio from 0.15 to 1.42.
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 227 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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 | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
18-07-2023 → present |