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BARANJA

Inactive
KBO/BCE: BE 0684.788.722

BARANJA was declared bankrupt on 26-04-2022 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed by liquidation by judgment of 29-10-2024, published in the Belgian State Gazette on 05-11-2024.

No longer registered with the KBO; last annual accounts for fiscal year 2020.

Signals

Four signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 14-09-2021, 45 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
45 d late
2019
25 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€-23k
2019 · €11k
2018: €27k 2019: €11k
2018 → 2020
Total assets
€155k▼ 2.2%
2019 · €158k
2018: €82k 2019: €158k
2018 → 2020
Net result
€-34k▼ 116%
2019 · €-16k
2018: €21k 2019: €-16k
2018 → 2020
Working capital
€-52k▼ 133%
2019 · €-22k
2018: €19k 2019: €-22k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€27k-€11k▼ 59.0%€-23k
Operating result€32k-€-14k€-31k▼ 126%
Net result€21k-€-16k€-34k▼ 116%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2018: €32k€32kNet result 2018: €21k€21kOperating result 2019: €-14k€-14kNet result 2019: €-16k€-16kOperating result 2020: €-31k€-31kNet result 2020: €-34k€-34k201820192020
The operating result stays negative: a loss of €31k in 2020 against €14k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €155k
Fixed assets €77k▼ 12.5%
Current assets €78k▲ 10.7%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-15k
2019 · €1k
Cash flow
€-18k
2019 · €-805
Solvency
-15.0%
2019 · 7.0%
Current ratio
0.60
2019 · 0.76
Quick ratio
0.57
2019 · 0.72
Debt / equity
-1.77
2019 · 4.50
ROA
-22.2%
2019 · -10.1%
Debt
€178k
2019 · €147k
Debt ≤ 1 year
€130k
2019 · €93k
Debt > 1 year
€41k
2019 · €50k
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 · 2020 against 2019
Balance sheet Code20192020
Assets
Total assets20/58€158k€155k
Fixed assets21/28€88k€77k
Intangible fixed assets21€20k€17k
Tangible fixed assets22/27€58k€49k
Financial fixed assets28€11k€11k=
Current assets29/58€70k€78k
Stocks and contracts in progress3€4k€4k
Amounts receivable within one year40/41€23k€59k
Cash at bank and in hand54/58€43k€13k
Equity and liabilities
Total equity and liabilities10/49€158k€155k
Equity10/15€11k€-23k
Contributions10/11€6k-
Reserves13€1k€1k=
Profit (loss) carried forward14€4k€-31k
Amounts payable17/49€147k€178k
Amounts payable after more than one year17€50k€41k
Amounts payable within one year42/48€93k€130k
Trade debts44€18k€48k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k
Gross operating margin9900€49k€31k
Operating profit (loss)9901€-14k€-31k
Recurring financial income75€2k€4
Recurring financial charges65€4k€4k
Profit (loss) for the period before taxes9903€-16k€-34k
Income taxes67/77€385-
Profit (loss) for the period9904€-16k€-34k
Profit (loss) for the period to be appropriated9905€-16k€-34k

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Timeline · acts, filings and financial milestones

2024
05-11
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · BARANJA BV GROTE MARKT 10/1, 3700 TONGEREN · event 29-10-2024
2022
02-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · BARANJA BV GROTE MARKT 10/1, 3700 TONGEREN · event 26-04-2022
2021
14-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
25-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
26-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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

2 mandates
Role Name Tenure
Curator JEF SCHEEPERS
WIJNGAARDSTRAAT 6, 3700 TONGEREN
26-04-2022 → present
Curator ELKE NATENS
WIJNGAARD- STRAAT 6, 3700 TONGEREN
26-04-2022 → present