BIBA 77
Open bankruptcyA bankruptcy procedure is open for BIBA 77 according to publications in the Belgian State Gazette; curator: ANTHONY HOUTHOOFD.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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 · 2 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 31-10-2022, 92 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
92 d late
2020
457 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€150k▲ 129%
2020 · €65k
2020: €65k
2020 → 2021
Working capital
€35k▼ 11.5%
2020 · €40k
2020: €40k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€65k-€215k▲ 229%
Operating result€66k-€192k▲ 193%
Net result€65k-€150k▲ 129%
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 193% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €460k
Fixed assets
€180k ▲ 603%
Current assets
€280k ▲ 211%
Equity and liabilities €460k
Equity
€215k ▲ 229%
Debt
€244k ▲ 388%
Debt's share of the balance-sheet total rises from 43.4% to 53.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€253k▲
2020 · €72k
Cash flow
€211k▲
2020 · €72k
Current ratio
1.14▼
2020 · 1.79
Quick ratio
0.74▼
2020 · 1.09
Debt to equity
1.14▲
2020 · 0.77
ROE
69.6%▼
2020 · 100.0%
ROA
32.6%▼
2020 · 56.6%
Interest coverage
810.77▲
2020 · 479.80
Debt ≤ 1 year
€244k▲
2020 · €50k
Income taxes
€42k
Staff costs
€143k
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 · 34 lines
Balance sheet
Code20202021
Assets
Total assets20/58€116k€460k▲
Fixed assets21/28€26k€180k▲
Tangible fixed assets22/27€26k€180k▲
Furniture and vehicles24€26k€180k▲
Current assets29/58€90k€280k▲
Stocks and contracts in progress3€35k€100k▲
Stocks30/36€35k€100k▲
Amounts receivable within one year40/41€33k€97k▲
Trade receivables40€33k€97k▲
Cash at bank and in hand54/58€22k€83k▲
Equity and liabilities
Total equity and liabilities10/49€116k€460k▲
Equity10/15€65k€215k▲
Profit (loss) carried forward14€65k€215k▲
Amounts payable17/49€50k€244k▲
Amounts payable within one year42/48€50k€244k▲
Taxes, remuneration and social security45€12k€9k▼
Remuneration and social security454/9€12k€9k▼
Other amounts payable47/48€38k€236k▲
Income statement
Code20202021
Remuneration, social security and pensions62-€143k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€61k▲
Gross operating margin9900€72k€395k▲
Operating profit (loss)9901€66k€192k▲
Financial income75/76B-€265
Recurring financial income75-€265
Financial charges65/66B€150€312▲
Recurring financial charges65€150€312▲
Profit (loss) for the period before taxes9903€65k€192k▲
Income taxes67/77-€42k
Profit (loss) for the period9904€65k€150k▲
Profit (loss) for the period to be appropriated9905€65k€150k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€215k▲
Profit (loss) brought forward from the previous period14P-€65k
Shareholders' contribution to the loss794-€0
Social balance
Average headcount (FTE)9087-5.0
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
14-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BIBA 77 BV MIDDAGLIJN- STRAAT 58, 1210 SINT-JOOST-TEN-NODE · event 06-08-2024
12-02
Bankruptcy
Judicial dissolution
Tribunal de l’entreprise francophone de Bruxelles · BIBA 77- RUE DU MERIDIEN 58, 1210 SAINT-JOSSE-TEN-NOODE
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 457 days late
2021
31-12
Financial
Equity above €200kEq €215k ▲229%
2 profitable years in a row build equity to €215k.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | ANTHONY HOUTHOOFD ERNEST ALLARDSTRAAT 45,
1000 BRUSSEL 1 |
06-08-2024 → present |