BEAST ANIMATION
InactiveBEAST ANIMATION was declared bankrupt on 31-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 24-06-2024, published in the Belgian State Gazette on 28-06-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 31-12-2022, 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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-09-2022, 58 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
58 d late
2020
19 d late
2019
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€62k▲ 15.3%
2020 · €53k
2018: €86k
2019: €-25k
2020: €53k
2018 → 2021
Total assets
€154k▼ 59.5%
2020 · €380k
2018: €119k
2019: €52k
2020: €380k
2018 → 2021
Net result
€8k▼ 89.6%
2020 · €79k
2018: €714
2019: €-111k
2020: €79k
2018 → 2021
Working capital
€33k▼ 79.3%
2020 · €159k
2018: €33k
2019: €-71k
2020: €159k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€86k-€-25k€53k€62k▲ 15.3%
Operating result€4k-€-109k€91k€9k▼ 89.8%
Net result€714-€-111k€79k€8k▼ 89.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 90% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €154k
Fixed assets
€38k▼ 13.4%
Current assets
€116k▼ 65.6%
Equity and liabilities €154k
Equity
€62k▲ 15.3%
Debt
€92k▼ 71.8%
The debt ratio falls from 85.9% to 59.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2020 · €104k
Cash flow
€21k▼
2020 · €91k
Solvency
40.1%▲
2020 · 14.1%
Current ratio
1.40▼
2020 · 1.90
Quick ratio
1.40▼
2020 · 1.90
Debt / equity
1.49▲
2020 · 0.21
ROE
13.3%▼
2020 · 147.3%
ROA
5.3%▼
2020 · 20.7%
Interest coverage
19.59
Debt
€92k▼
2020 · €326k
Debt ≤ 1 year
€83k▼
2020 · €177k
Debt > 1 year
€3k▼
2020 · €11k
Staff costs
€171k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€380k€154k▼
Fixed assets21/28€44k€38k▼
Tangible fixed assets22/27€35k€29k▼
Plant, machinery and equipment23-€24k
Other tangible fixed assets26-€5k
Financial fixed assets28€9k€9k=
Current assets29/58€336k€116k▼
Amounts receivable within one year40/41€177k€104k▼
Trade receivables40-€92k
Other amounts receivable41-€12k
Cash at bank and in hand54/58€158k€11k▼
Equity and liabilities
Total equity and liabilities10/49€380k€154k▼
Equity10/15€53k€62k▲
Contributions10/11€20k€20k=
Outside capital11-€20k
Other1109/19-€20k
Reserves13€66k€66k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€64k
Profit (loss) carried forward14€-32k€-24k▲
Amounts payable17/49€326k€92k▼
Amounts payable after more than one year17€11k€3k▼
Financial debts170/4-€3k
Amounts payable within one year42/48€177k€83k▼
Current portion of amounts payable after more than one year42-€8k
Trade debts44€90k€54k▼
Suppliers440/4-€54k
Taxes, remuneration and social security45-€21k
Taxes450/3-€7k
Remuneration and social security454/9-€14k
Accrued charges and deferred income492/3-€7k
Income statement
Code20202021
Remuneration, social security and pensions62-€171k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8-€1k
Gross operating margin9900€275k€195k▼
Operating profit (loss)9901€91k€9k▼
Financial charges65/66B-€1k
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€79k€8k▼
Profit (loss) for the period9904€79k€8k▼
Profit (loss) for the period to be appropriated9905€79k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-24k
Profit (loss) brought forward from the previous period14P-€-32k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · BEAST STUDIO BV OUDE BAAN 1 D, 2800 MECHELEN · event 24-06-2024
2022
07-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · BEAST STUDIO BV OUDE BAAN 1 D, 2800 MECHELEN · event 31-10-2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
31-12
Financial
Liquidity times 23current ratio 1.90
Current ratio from 0.08 to 1.90.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
31-12
Financial
Weakest financial yearnet €-111k ▼15664%
Net result drops to €-111k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
17-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
20-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
31-10-2022 → present |