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BILBAO

Inactive
KBO/BCE: BE 0886.242.478

BILBAO was declared bankrupt on 19-12-2019 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 21-03-2023, published in the Belgian State Gazette on 27-03-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

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BILBAOInactive
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Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 24-07-2019, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BILBAO has filed 12 sets of annual accounts, the latest for fiscal year 2018.1 On 19 December 2019 the company was declared bankrupt; the bankruptcy was closed on 21 March 2023.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 30-12-2019
  3. 3Belgian State Gazette, 27-03-2023

Financials · fiscal year 2018, micro schema

Equity
-€51,338
Total assets
€13,445
Net result
€30,111
Working capital
-€51,338

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2018 value
Solvency
-381.8%
Current ratio
0.21
ROA
224.0%
Debt
€64,784
Debt ≤ 1 year
€64,784
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 16 lines
Balance sheet Code2018
Assets
Total assets20/58€13,445
Current assets29/58€13,445
Amounts receivable within one year40/41€13,445
Equity and liabilities
Total equity and liabilities10/49€13,445
Equity10/15-€51,338
Contributions10/11€30,000
Profit (loss) carried forward14-€81,338
Amounts payable17/49€64,784
Amounts payable within one year42/48€64,784
Trade debts44€12,728
Income statement Code2018
Gross operating margin9900€36,964
Operating profit (loss)9901€33,229
Recurring financial charges65€3,118
Profit (loss) for the period before taxes9903€30,111
Profit (loss) for the period9904€30,111
Profit (loss) for the period to be appropriated9905€30,111
Line2018
Gross operating margin9900€36,964
Operating profit (loss)9901€33,229
Recurring financial charges65€3,118
Profit (loss) for the period before taxes9903€30,111
Profit (loss) for the period9904€30,111
Profit (loss) for the period to be appropriated9905€30,111
Line2018
Assets
Total assets20/58€13,445
Current assets29/58€13,445
Amounts receivable within one year40/41€13,445
Equity and liabilities
Total equity and liabilities10/49€13,445
Equity10/15-€51,338
Contributions10/11€30,000
Profit (loss) carried forward14-€81,338
Amounts payable17/49€64,784
Amounts payable within one year42/48€64,784
Trade debts44€12,728
Line2018
Profit (loss) for the period9904€30,111
Operating cash flow (approximation)€30,111

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
27-03
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-03-2023
2019
30-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-12-2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2017
10-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 71 days late
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
15-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
06-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 67 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
31-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
29-09
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 60 days late
2010
24-12
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 146 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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

Insolvency mandates

1 mandate
Role Name Tenure
Curator IWEIN MOORKENS
MECHELSESTEENWEG 271 8.1, 2018 ANTWERPEN 1
 19-12-2019 → 21-03-2023

Structure & network

Owners and holdings

1 owner

Chain of control

  1. A.-EVENTS 75%
  2. BILBAO

Highest known parent: A.-EVENTS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

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