BODYSKIN
Open bankruptcyInactive; last annual accounts for fiscal year 2017.
Summary
A bankruptcy procedure is open for BODYSKIN according to publications in the Belgian State Gazette.
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 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 16-11-2018, 108 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
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, micro schema
Turnover
€8k▼ 97.1%
2016 · €255k
2016: €255k
2017: €8k▼ -97.1% vs 2016
2016 → 2017
EBIT margin
46.8%▲ 41.2pp
2016 · 5.5%
2016: 5.5%
2017: 46.8%▲ +743% vs 2016
2016 → 2017
Net result
€-608
2016 · €1k
2016: €1k
2017: €-608▼ -141% vs 2016
2016 → 2017
Working capital
€6k▼ 2.9%
2016 · €6k
2016: €6k
2017: €6k▼ -2.9% vs 2016
2016 → 2017
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20162017Trend
Turnover€255k-€8k▼ 97.1%
2016: €255k
2017: €8k▼ -97.1% vs 2016
Equity€8k-€7k▼ 7.9%
2016: €8k
2017: €7k▼ -7.9% vs 2016
Operating result€14k-€4k▼ 75.2%
2016: €14k
2017: €4k▼ -75.2% vs 2016
Net result€1k-€-608
2016: €1k
2017: €-608▼ -141% vs 2016
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 75% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €21k
Fixed assets
€667 ▼ 25.1%
Current assets
€21k ▼ 89.2%
Equity and liabilities €22k
Equity
€7k ▼ 7.9%
Debt
€15k ▼ 91.9%
Debt's share of the balance-sheet total falls from 96.0% to 67.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2016 · €15k
Cash flow
€-176▼
2016 · €2k
Current ratio
1.39▲
2016 · 1.03
ROE
-8.6%▼
2016 · 19.5%
ROA
-2.8%▼
2016 · 0.8%
Debt ≤ 1 year
€15k▼
2016 · €186k
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 · 2017 against 2016 · 24 lines
Balance sheet
Code20162017
Assets
Total assets20/58€193k€22k▼
Formation expenses20€838€629▼
Fixed assets21/28€890€667▼
Tangible fixed assets22/27€890€667▼
Current assets29/58€192k€21k▼
Amounts receivable within one year40/41€14k€11k▼
Cash at bank and in hand54/58€59k€10k▼
Equity and liabilities
Total equity and liabilities10/49€193k€22k▼
Equity10/15€8k€7k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Profit (loss) carried forward14-€-608
Amounts payable17/49€186k€15k▼
Amounts payable within one year42/48€186k€15k▼
Trade debts44€13k€1k▼
Income statement
Code20162017
Turnover70€255k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€432€432=
Gross operating margin9900€27k€4k▼
Operating profit (loss)9901€14k€4k▼
Recurring financial income75€2k-
Recurring financial charges65€14k€4k▼
Profit (loss) for the period before taxes9903€1k€-608▼
Profit (loss) for the period9904€1k€-608▼
Profit (loss) for the period to be appropriated9905€1k€-608▼
Accounts by statement
| Line | 2016 | 2017 | Change |
|---|---|---|---|
| Turnover70 | €255k | €8k | ▼ 97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €432 | €432 | = |
| Gross operating margin9900 | €27k | €4k | ▼ 83.4% |
| Operating profit (loss)9901 | €14k | €4k | ▼ 75.2% |
| Recurring financial income75 | €2k | - | - |
| Recurring financial charges65 | €14k | €4k | ▼ 71.2% |
| Profit (loss) for the period before taxes9903 | €1k | €-608 | ▼ 141% |
| Profit (loss) for the period9904 | €1k | €-608 | ▼ 141% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-608 | ▼ 141% |
| Line | 2016 | 2017 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €193k | €22k | ▼ 88.6% |
| Formation expenses20 | €838 | €629 | ▼ 24.9% |
| Fixed assets21/28 | €890 | €667 | ▼ 25.1% |
| Tangible fixed assets22/27 | €890 | €667 | ▼ 25.1% |
| Current assets29/58 | €192k | €21k | ▼ 89.2% |
| Amounts receivable within one year40/41 | €14k | €11k | ▼ 21.9% |
| Cash at bank and in hand54/58 | €59k | €10k | ▼ 82.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €193k | €22k | ▼ 88.6% |
| Equity10/15 | €8k | €7k | ▼ 7.9% |
| Contributions10/11 | €6k | €6k | = |
| Reserves13 | €1k | €1k | = |
| Profit (loss) carried forward14 | - | €-608 | - |
| Amounts payable17/49 | €186k | €15k | ▼ 91.9% |
| Amounts payable within one year42/48 | €186k | €15k | ▼ 91.9% |
| Trade debts44 | €13k | €1k | ▼ 90.2% |
| Line | 2016 | 2017 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-608 | ▼ 141% |
| + Depreciation and write-downs630 | €432 | €432 | = |
| Operating cash flow (approximation) | €2k | €-176 | ▼ 109% |
| Investment in fixed assets (approximation) | - | €-209 | - |
| Change in cash | - | €-49k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 04-11-2021
2020
11-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 05-03-2020
2018
16-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 108 days late
16-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 473 days late
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 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
7 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
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MICHAEL WARSON KUNSTLAAN 18 BUS 6,
3500 HASSELT |
04-11-2021 → present |
| Curator | TOM RENCKENS KUNST-
LAAN 18/6, 3500 HASSELT |
04-11-2021 → present |
| Curator | MICHEL SPAAS SEPULKRIJNENLAAN 75,
3500 HASSELT |
05-03-2020 → present |