BOKAFE
InactiveBOKAFE was declared bankrupt on 17-10-2024 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed for insufficient assets by judgment of 22-05-2025, published in the Belgian State Gazette on 30-05-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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
not filed
2020
89 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-77k▼ 42.5%
2019 · €-54k
2018: €-61k
2019: €-54k
2018 → 2020
Total assets
€90k▼ 12.5%
2019 · €102k
2018: €162k
2019: €102k
2018 → 2020
Net result
€-23k
2019 · €7k
2018: €21k
2019: €7k
2018 → 2020
Working capital
€-90k▲ 3.8%
2019 · €-93k
2018: €-142k
2019: €-93k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-61k-€-54k▲ 12.0%€-77k▼ 42.5%
Operating result€29k-€-13k€-17k▼ 27.4%
Net result€21k-€7k▼ 64.6%€-23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2020 against €13k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €90k
Fixed assets
€39k▼ 23.4%
Current assets
€50k▼ 1.6%
Key figures and ratios
EBITDA
€-3k▼
2019 · €2k
Cash flow
€-8k▼
2019 · €23k
Solvency
-85.7%▼
2019 · -52.6%
Current ratio
0.36▲
2019 · 0.35
Quick ratio
0.34▲
2019 · 0.21
Debt / equity
-0.05▲
2019 · -0.22
ROA
-25.6%▼
2019 · 7.2%
Debt
€166k▲
2019 · €156k
Debt ≤ 1 year
€140k▼
2019 · €144k
Debt > 1 year
€4k▼
2019 · €12k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€102k€90k▼
Fixed assets21/28€51k€39k▼
Tangible fixed assets22/27€37k€25k▼
Financial fixed assets28€15k€15k=
Current assets29/58€51k€50k▼
Stocks and contracts in progress3€20k€2k▼
Amounts receivable within one year40/41€30k€48k▲
Cash at bank and in hand54/58€561€139▼
Equity and liabilities
Total equity and liabilities10/49€102k€90k▼
Equity10/15€-54k€-77k▼
Contributions10/11€19k-
Reserves13€57k€57k=
Profit (loss) carried forward14€-130k€-153k▼
Amounts payable17/49€156k€166k▲
Amounts payable after more than one year17€12k€4k▼
Amounts payable within one year42/48€144k€140k▼
Trade debts44€86k€81k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Gross operating margin9900€64k€11k▼
Operating profit (loss)9901€-13k€-17k▼
Recurring financial income75€432€106▼
Recurring financial charges65€10k€6k▼
Profit (loss) for the period before taxes9903€7k€-23k▼
Profit (loss) for the period9904€7k€-23k▼
Profit (loss) for the period to be appropriated9905€7k€-23k▼
Timeline · acts, filings and financial milestones
2025
30-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · BOKAFE BV MARKT 20, 9700 OUDENAARDE · event 22-05-2025
2024
23-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · BOKAFE BV MARKT 20, 9700 OUDENAARDE · event 17-10-2024
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-23k ▼412%
Net result drops to €-23k, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
11-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-05
NBB filing
Annual accounts filed
fiscal year 2011 · 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 MAQUISSTRAAT 11, 9600 RONSE- |
17-10-2024 → present |