BOEKZITTING
InactiveBOEKZITTING was declared bankrupt on 07-02-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 08-04-2025, published in the Belgian State Gazette on 28-04-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-08-2022, 12 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€27k▼ 1.9%
2020 · €28k
2018: €56k
2019: €35k
2020: €28k
2018 → 2021
Total assets
€426k▲ 120%
2020 · €194k
2018: €221k
2019: €171k
2020: €194k
2018 → 2021
Net result
€-519▲ 92.8%
2020 · €-7k
2018: €-4k
2019: €-21k
2020: €-7k
2018 → 2021
Working capital
€71k
2020 · €-18k
2018: €-31k
2019: €-27k
2020: €-18k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€56k-€35k▼ 37.4%€28k▼ 20.8%€27k▼ 1.9%
Operating result€-2k-€-17k▼ 1,020%€-4k▲ 73.8%€205
Net result€-4k-€-21k▼ 384%€-7k▲ 65.1%€-519▲ 92.8%
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 returns to profit in 2021: €205 after a loss of €4k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €426k
Fixed assets
€31k▼ 35.6%
Current assets
€394k▲ 172%
Equity and liabilities €426k
Equity
€27k▼ 1.9%
Debt
€399k▲ 140%
The debt ratio rises from 85.8% to 93.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▼
2020 · €21k
Cash flow
€17k▼
2020 · €18k
Solvency
6.3%▼
2020 · 14.2%
Current ratio
1.22▲
2020 · 0.89
Quick ratio
1.17▲
2020 · 0.86
Debt / equity
14.77
ROE
-1.9%▲
2020 · -26.3%
ROA
-0.1%▲
2020 · -3.7%
Interest coverage
24.61
Debt
€399k▲
2020 · €166k
Debt ≤ 1 year
€324k▲
2020 · €163k
Debt > 1 year
€75k
Staff costs
€69k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€194k€426k▲
Fixed assets21/28€49k€31k▼
Tangible fixed assets22/27€49k€31k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€632
Other tangible fixed assets26-€29k
Current assets29/58€145k€394k▲
Stocks and contracts in progress3€6k€15k▲
Stocks30/36-€15k
Amounts receivable within one year40/41€101k€329k▲
Trade receivables40-€235k
Other amounts receivable41-€94k
Cash at bank and in hand54/58€38k€50k▲
Equity and liabilities
Total equity and liabilities10/49€194k€426k▲
Equity10/15€28k€27k▼
Contributions10/11-€20k
Outside capital11-€20k
Other1109/19-€20k
Reserves13€36k€36k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€34k
Profit (loss) carried forward14€-28k€-29k▼
Amounts payable17/49€166k€399k▲
Amounts payable after more than one year17-€75k
Financial debts170/4-€75k
Amounts payable within one year42/48€163k€324k▲
Trade debts44€97k€251k▲
Suppliers440/4-€251k
Taxes, remuneration and social security45-€68k
Taxes450/3-€54k
Remuneration and social security454/9-€14k
Other amounts payable47/48-€5k
Income statement
Code20202021
Remuneration, social security and pensions62-€69k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€18k▼
Other operating charges640/8-€2k
Gross operating margin9900€112k€89k▼
Operating profit (loss)9901€-4k€205▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B-€729
Recurring financial charges65€3k€729▼
Profit (loss) for the period before taxes9903€-7k€-519▲
Profit (loss) for the period9904€-7k€-519▲
Profit (loss) for the period to be appropriated9905€-7k€-519▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-29k
Profit (loss) brought forward from the previous period14P-€-28k
Social balance
Average headcount (FTE)9087-2.5
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · BOEKZIT- TING BV BOEKZITTING 26, 9600 RONSE · event 08-04-2025
2023
13-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · BOEKZITTING BV BOEKZIT- TING 26, 9600 RONSE · event 07-02-2023
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
31-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 | LIEVE TEINTENIER FRANKLIN ROOSEVELT 42,
9600 RONSE |
07-02-2023 → present |