BHUNDU FOUTA
Open bankruptcyA bankruptcy procedure is open for BHUNDU FOUTA according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four 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 · 3 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-08-2020, 31 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€40k▲ 136%
2018 · €17k
2018: €17k
2018 → 2019
Total assets
€70k▲ 182%
2018 · €25k
2018: €25k
2018 → 2019
Net result
€23k▲ 535%
2018 · €4k
2018: €4k
2018 → 2019
Working capital
€23k▲ 689%
2018 · €3k
2018: €3k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€17k-€40k▲ 136%
Operating result€4k-€31k▲ 652%
Net result€4k-€23k▲ 535%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 652% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €70k
Fixed assets
€17k▲ 22.0%
Current assets
€53k▲ 397%
Equity and liabilities €70k
Equity
€40k▲ 136%
Debt
€30k▲ 286%
The debt ratio rises from 31.0% to 42.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2018 · €9k
Cash flow
€32k▲
2018 · €8k
Solvency
57.6%▼
2018 · 69.0%
Current ratio
1.78▲
2018 · 1.38
Quick ratio
0.46▼
2018 · 1.38
ROE
57.6%▲
2018 · 21.4%
ROA
33.2%▲
2018 · 14.8%
Debt
€30k▲
2018 · €8k
Debt ≤ 1 year
€30k▲
2018 · €8k
Income taxes
€6k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€25k€70k▲
Fixed assets21/28€14k€17k▲
Tangible fixed assets22/27€14k€17k▲
Financial fixed assets28-€200
Current assets29/58€11k€53k▲
Stocks and contracts in progress3-€39k
Amounts receivable within one year40/41€10k€12k▲
Current investments50/53-€1k
Equity and liabilities
Total equity and liabilities10/49€25k€70k▲
Equity10/15€17k€40k▲
Contributions10/11€19k€19k=
Reserves13€183€183=
Profit (loss) carried forward14€-2k€22k▲
Amounts payable17/49€8k€30k▲
Amounts payable within one year42/48€8k€30k▲
Trade debts44€2k€14k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Gross operating margin9900€9k€39k▲
Operating profit (loss)9901€4k€31k▲
Recurring financial charges65€407€871▲
Profit (loss) for the period before taxes9903€4k€30k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€4k€23k▲
Profit (loss) for the period to be appropriated9905€4k€23k▲
Timeline · acts, filings and financial milestones
2022
17-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BHUNDU FOUTA BV OUDE MECHELSESTRAAT 109, 1853. GRIMBERGEN · event 10-05-2022
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
SignalNBB filing
Directors · office · real estate
Directors
4 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 | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
10-05-2022 → present |