BATRENOV
InactiveBATRENOV was declared bankrupt on 20-12-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 14-11-2023, published in the Belgian State Gazette on 22-11-2023.
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 · 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 · 9 filingsPosition 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 24-08-2021, 24 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
24 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€127k
EBIT margin
-4.2%
Net result
€-18k▼ 62.1%
2019 · €-11k
2018: €-5k
2019: €-11k
2018 → 2020
Working capital
€-24k▼ 215%
2019 · €-8k
2018: €6k
2019: €-8k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€127k-
Equity€6k-€-4k€-22k▼ 396%
Operating result€-5k-€-11k▼ 109%€-21k▼ 87.0%
Net result€-5k-€-11k▼ 105%€-18k▼ 62.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2020 against €11k 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 €69k
Fixed assets
€2k▼ 33.3%
Current assets
€66k▲ 5.6%
Key figures and ratios
EBITDA
€-17k▼
2019 · €-8k
Cash flow
€-14k▼
2019 · €-8k
Solvency
-32.3%▼
2019 · -6.8%
Current ratio
0.73▼
2019 · 0.89
Quick ratio
0.73▼
2019 · 0.89
ROA
-25.8%▼
2019 · -16.5%
Debt
€91k▲
2019 · €71k
Debt ≤ 1 year
€91k▲
2019 · €71k
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€66k€69k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Current assets29/58€63k€66k▲
Amounts receivable within one year40/41€59k€65k▲
Cash at bank and in hand54/58€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€66k€69k▲
Equity10/15€-4k€-22k▼
Contributions10/11€6k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-13k€-30k▼
Amounts payable17/49€71k€91k▲
Amounts payable within one year42/48€71k€91k▲
Trade debts44€71k€91k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Gross operating margin9900€-7k€-13k▼
Operating profit (loss)9901€-11k€-21k▼
Recurring financial income75€124€3k▲
Recurring financial charges65€59€101▲
Profit (loss) for the period before taxes9903€-11k€-18k▼
Profit (loss) for the period9904€-11k€-18k▼
Profit (loss) for the period to be appropriated9905€-11k€-18k▼
Timeline · acts, filings and financial milestones
2023
22-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BATRENOV BV ELSENSE STEENWEG 311A/A, 1050 ELSENE · event 14-11-2023
2022
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BATRENOV BV ELSENSE STEENWEG 311A/A, 1050 ELSENE · event 20-12-2022
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
19-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 19 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
31-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 | JENS VREBOS EZELSTRAAT 25, 8000 BRUGGE- |
20-12-2022 → present |