BELGABAT
InactiveBELGABAT was declared bankrupt on 27-02-2023 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed for insufficient assets by judgment of 06-05-2024, published in the Belgian State Gazette on 13-05-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three 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 · 6 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-11-2020, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Equity
€17k▲ 252%
2018 · €5k
2018: €5k
2018 → 2019
Total assets
€133k▲ 21.8%
2018 · €109k
2018: €109k
2018 → 2019
Net result
€12k
2018 · €-30k
2018: €-30k
2018 → 2019
Working capital
€22k▲ 727%
2018 · €3k
2018: €3k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€5k-€17k▲ 252%
Operating result€-27k-€14k
Net result€-30k-€12k
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 2019: €14k after a loss of €27k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €133k
Fixed assets
€2k ▼ 55.1%
Current assets
€132k ▲ 24.4%
Equity and liabilities €133k
Equity
€17k ▲ 252%
Debt
€116k ▲ 11.1%
Debt's share of the balance-sheet total falls from 95.5% to 87.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2018 · €-19k
Cash flow
€16k▲
2018 · €-22k
Current ratio
1.20▲
2018 · 1.03
Quick ratio
1.19▲
2018 · 0.99
ROE
71.6%▲
2018 · -607.3%
ROA
9.2%▲
2018 · -27.1%
Debt ≤ 1 year
€109k▲
2018 · €103k
Income taxes
€502=
2018 · €502
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 · 2019 against 2018 · 23 lines
Balance sheet
Code20182019
Assets
Total assets20/58€109k€133k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Current assets29/58€106k€132k▲
Stocks and contracts in progress3€4k€1k▼
Amounts receivable within one year40/41€102k€130k▲
Equity and liabilities
Total equity and liabilities10/49€109k€133k▲
Equity10/15€5k€17k▲
Contributions10/11€6k€6k=
Reserves13€33k€33k=
Profit (loss) carried forward14€-34k€-22k▲
Amounts payable17/49€105k€116k▲
Amounts payable within one year42/48€103k€109k▲
Trade debts44€59k€61k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Gross operating margin9900€31k€78k▲
Operating profit (loss)9901€-27k€14k▲
Recurring financial income75€4k€6k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€-29k€13k▲
Income taxes67/77€502€502=
Profit (loss) for the period9904€-30k€12k▲
Profit (loss) for the period to be appropriated9905€-30k€12k▲
Timeline · acts, filings and financial milestones
2024
13-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Brabant wallon · BELGABAT SRL CHAUSSEE DE WAVRE 440/2, 1390 GREZ-DOICEAU. déclarée le 27 février 2023 · event 06-05-2024
2023
03-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · BELGABAT SRL CHAUSSEE DE WAVRE 440/2, 1390 GREZ-DOICEAU · event 27-02-2023
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · full 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 | MAGALI VANDENBOSSCHE CHAUSSEE DE
TERVUREN 198F, 1410 WATERLOO |
27-02-2023 → 06-05-2024 |