BARBER SHOES
InactiveBARBER SHOES was declared bankrupt on 14-08-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 28-06-2024, published in the Belgian State Gazette on 10-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 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 · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
26 d late
2020
25 d late
2019
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€158k▲ 21.1%
2021 · €131k
2020: €103k
2021: €131k
2020 → 2022
EBIT margin
102.5%▲ 110.6pp
2021 · -8.1%
2020: -107.6%
2021: -8.1%
2020 → 2022
Net result
€159k
2021 · €-14k
2018: €-16k
2019: €2k
2020: €-114k
2021: €-14k
2018 → 2022
Working capital
€-29k▲ 85.4%
2021 · €-201k
2018: €-99k
2019: €-91k
2020: €-193k
2021: €-201k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€103k€131k▲ 26.5%€158k▲ 21.1%
Equity€-8k-€-6k▲ 27.0%€-119k▼ 2,017%€-133k▼ 11.6%€26k
Operating result€-12k-€6k€-111k€-11k▲ 90.5%€162k
Net result€-16k-€2k€-114k€-14k▲ 87.8%€159k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €162k after a loss of €11k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €66k
Fixed assets
€56k ▼ 18.1%
Current assets
€11k ▼ 32.7%
Equity and liabilities €66k
Equity
€26k
Debt
€40k
Debt finances 60.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€174k▲
2021 · €2k
Cash flow
€172k▲
2021 · €-1k
Current ratio
0.27▲
2021 · 0.07
Quick ratio
0.10▲
2021 · 0.04
Debt to equity
1.53▲
2021 · -1.63
ROE
608.3%
ROA
240.1%▲
2021 · -16.6%
Interest coverage
64.03▲
2021 · 0.62
Debt ≤ 1 year
€40k▼
2021 · €217k
Staff costs
€108k▲
2021 · €72k
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 · 2022 against 2021 · 46 lines
Balance sheet
Code20212022
Assets
Total assets20/58€84k€66k▼
Fixed assets21/28€68k€56k▼
Tangible fixed assets22/27€68k€56k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€23k€19k▼
Other tangible fixed assets26€44k€36k▼
Current assets29/58€16k€11k▼
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€4k€962▼
Trade receivables40€4k€962▼
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€230€0▼
Equity and liabilities
Total equity and liabilities10/49€84k€66k▼
Equity10/15€-133k€26k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-163k€-4k▲
Amounts payable17/49€217k€40k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€217k€40k▼
Current portion of amounts payable after more than one year42€9k€0▼
Trade debts44€15k€5k▼
Suppliers440/4€15k€5k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€13k€19k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€5k€11k▲
Other amounts payable47/48€181k€16k▼
Income statement
Code20212022
Turnover70€131k€158k▲
Non-recurring operating income76A-€165k
Goods, raw materials, services and sundry goods60/61€64k€43k▼
Remuneration, social security and pensions62€72k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€590€348▼
Gross operating margin9900€75k€282k▲
Operating profit (loss)9901€-11k€162k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-14k€159k▲
Income taxes67/77€103-
Profit (loss) for the period9904€-14k€159k▲
Profit (loss) for the period to be appropriated9905€-14k€159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-163k€-4k▲
Profit (loss) brought forward from the previous period14P€-149k€-163k▼
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
2024
10-07
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · BARBER SHOES SRL RUE LESBROUSSART 57, 1050 IXELLES. déclarée le 14 août 2023 · event 28-06-2024
2023
18-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BARBER SHOES SRL RUE LESBROUS- SART 57, 1050 IXELLES · event 14-08-2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €159k
Net result €159k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-114k ▼5553%
Net result drops to €-114k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
14-08-2023 → 28-06-2024 |