BF & W
InactiveBF & W was declared bankrupt on 04-03-2024 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed for insufficient assets by judgment of 17-04-2025, published in the Belgian State Gazette on 25-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
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 31-12-2022, 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 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 02-12-2022, 124 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
124 d late
2020
46 d late
2019
388 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-572k▼ 26.9%
2020 · €-450k
2018: €-319k
2019: €-403k
2020: €-450k
2018 → 2021
Total assets
€327k▲ 14.9%
2020 · €284k
2018: €217k
2019: €166k
2020: €284k
2018 → 2021
Net result
€-121k▼ 157%
2020 · €-47k
2018: €-56k
2019: €-84k
2020: €-47k
2018 → 2021
Working capital
€-580k▼ 24.8%
2020 · €-465k
2018: €-327k
2019: €-400k
2020: €-465k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-319k-€-403k▼ 26.1%€-450k▼ 11.7%€-572k▼ 26.9%
Operating result€-33k-€-78k▼ 134%€-34k▲ 56.7%€-93k▼ 177%
Net result€-56k-€-84k▼ 48.4%€-47k▲ 43.4%€-121k▼ 157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €93k in 2021 against €34k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €327k
Fixed assets
€9k ▼ 37.5%
Current assets
€318k ▲ 17.7%
Key figures and ratios
EBITDA
€-88k▼
2020 · €-28k
Cash flow
€-116k▼
2020 · €-42k
Solvency
-174.8%▼
2020 · -158.3%
Current ratio
0.35▼
2020 · 0.37
Quick ratio
0.32▼
2020 · 0.32
Debt to equity
-1.57
ROA
-37.1%▼
2020 · -16.6%
Interest coverage
-2.66
Debt
€899k▲
2020 · €735k
Debt ≤ 1 year
€898k▲
2020 · €735k
Income taxes
€4k
Staff costs
€74k
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 · 2021 against 2020 · 45 lines
Balance sheet
Code20202021
Assets
Total assets20/58€284k€327k▲
Fixed assets21/28€14k€9k▼
Intangible fixed assets21€14k€9k▼
Financial fixed assets28€372€136▼
Current assets29/58€270k€318k▲
Stocks and contracts in progress3€38k€35k▼
Stocks30/36-€35k
Amounts receivable within one year40/41€205k€250k▲
Trade receivables40-€250k
Cash at bank and in hand54/58€26k€33k▲
Deferred charges and accrued income490/1-€435
Equity and liabilities
Total equity and liabilities10/49€284k€327k▲
Equity10/15€-450k€-572k▼
Contributions10/11-€68k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-520k€-641k▼
Amounts payable17/49€735k€899k▲
Amounts payable within one year42/48€735k€898k▲
Financial debts43-€16k
Credit institutions430/8-€16k
Trade debts44€281k€272k▼
Suppliers440/4-€272k
Taxes, remuneration and social security45-€69k
Taxes450/3-€44k
Remuneration and social security454/9-€25k
Other amounts payable47/48-€541k
Accrued charges and deferred income492/3-€874
Income statement
Code20202021
Remuneration, social security and pensions62-€74k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8-€7k
Non-recurring operating charges66A-€2k
Gross operating margin9900€16k€-5k▼
Operating profit (loss)9901€-34k€-93k▼
Financial income75/76B-€9k
Recurring financial income75-€9k
Financial charges65/66B-€33k
Recurring financial charges65€14k€33k▲
Profit (loss) for the period before taxes9903€-47k€-118k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€-47k€-121k▼
Profit (loss) for the period to be appropriated9905€-47k€-121k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-641k
Profit (loss) brought forward from the previous period14P-€-520k
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
2025
25-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Brabant wallon · B F & W SRL AVENUE DES PAQUERETTES 55/6, 1410 WATERLOO. déclarée le 4 mars 2024 · event 17-04-2025
2024
08-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · B F & W SRL AVENUE DES PAQUERETTES 55 / 6, 1410 WATERLOO · event 04-03-2024
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
2021
31-12
Financial
Weakest financial yearnet €-121k
Net result drops to €-121k, the lowest in the series.
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
23-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 388 days late
2020
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 191 days late
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 245 days late
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 177 days late
2017
01-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 213 days late
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
02-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 33 days late
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 | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
04-03-2024 → 17-04-2025 |