BOLLAERT ALBERT
Open bankruptcyA bankruptcy procedure is open for BOLLAERT ALBERT according to publications in the Belgian State Gazette; curator: IWEIN MOORKENS.
Summary
The 2022 annual accounts show equity of €962k and a net result of €12k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-06-2023, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
33 d early
2021
23 d early
2020
32 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€962k▲ 1.3%
2021 · €950k
2018: €1.10M
2019: €1.08M
2020: €1.14M
2021: €950k
2018 → 2022
Total assets
€1.09M▼ 3.8%
2021 · €1.14M
2018: €1.69M
2019: €1.23M
2020: €1.30M
2021: €1.14M
2018 → 2022
Net result
€12k
2021 · €-192k
2018: €-73k
2019: €-19k
2020: €58k
2021: €-192k
2018 → 2022
Working capital
€938k▲ 2.3%
2021 · €917k
2018: €1.05M
2019: €1.04M
2020: €1.10M
2021: €917k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€1.10M-€1.08M▼ 1.7%€1.14M▲ 5.3%€950k▼ 16.8%€962k▲ 1.3%
Operating result€-54k-€-6k▲ 89.3%€69k€-187k€24k
Net result€-73k-€-19k▲ 74.6%€58k€-192k€12k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €24k after a loss of €187k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.09M
Fixed assets
€24k ▼ 27.0%
Current assets
€1.07M ▼ 3.1%
Equity and liabilities €1.09M
Equity
€962k ▲ 1.3%
Debt
€130k ▼ 29.9%
Debt's share of the balance-sheet total falls from 16.3% to 11.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▲
2021 · €-179k
Cash flow
€21k▲
2021 · €-184k
Current ratio
8.22▲
2021 · 5.95
Quick ratio
3.42▲
2021 · 3.16
Debt to equity
0.14▼
2021 · 0.20
ROE
1.2%▲
2021 · -20.2%
ROA
1.1%▲
2021 · -16.9%
Interest coverage
1.76▲
2021 · -18.45
Debt ≤ 1 year
€130k▼
2021 · €185k
Staff costs
€540k▼
2021 · €608k
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 · 2022 against 2021 · 49 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.14M€1.09M▼
Fixed assets21/28€33k€24k▼
Tangible fixed assets22/27€33k€24k▼
Plant, machinery and equipment23€7k€5k▼
Other tangible fixed assets26€27k€19k▼
Financial fixed assets28€62€62=
Current assets29/58€1.10M€1.07M▼
Stocks and contracts in progress3€517k€623k▲
Stocks30/36€517k€623k▲
Amounts receivable within one year40/41€169k€170k▲
Trade receivables40€77k€69k▼
Other amounts receivable41€92k€101k▲
Current investments50/53€388k€250k▼
Cash at bank and in hand54/58€20k€18k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.09M▼
Equity10/15€950k€962k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€53k€53k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€835k€847k▲
Amounts payable17/49€185k€130k▼
Amounts payable within one year42/48€185k€130k▼
Trade debts44€163k€102k▼
Suppliers440/4€163k€102k▼
Taxes, remuneration and social security45€23k€28k▲
Taxes450/3€10k€15k▲
Remuneration and social security454/9€12k€13k▲
Income statement
Code20212022
Remuneration, social security and pensions62€608k€540k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€822▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€436k€576k▲
Operating profit (loss)9901€-187k€24k▲
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€10k€18k▲
Recurring financial charges65€10k€18k▲
Profit (loss) for the period before taxes9903€-192k€12k▲
Profit (loss) for the period9904€-192k€12k▲
Profit (loss) for the period to be appropriated9905€-192k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€835k€847k▲
Profit (loss) brought forward from the previous period14P€1.03M€835k▼
Social balance
Average headcount (FTE)908713.5-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
02-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLLAERT ALBERT NV ELZELAARSTRAAT 25, 2070 BURCHT-ZWIJNDRECHT · event 25-04-2024
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-192k ▼432%
Net result drops to €-192k, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €58k
Net result €58k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 7.96
Current ratio from 2.79 to 7.96; short-term debt falls from €588k to €150k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Show earlier events
2016
02-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
17-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 48 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
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
Registered office, Beveren-Kruibeke-Zwijndrecht · 3 establishment units since 2001
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.
Elzelaarstraat 252070 Beveren-Kruibeke-ZwijndrechtGround area
5,229 m²
Building footprint
3,296 m²
Volume, LiDAR
14,742 m³
3 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Elzelaarstraat 25, 2070 Beveren-Kruibeke-Zwijndrecht
since 20012.116.142.892
Hendrik Consciencestraat(BEV) 47, 9120 Beveren-Kruibeke-Zwijndrecht
since 20012.116.142.991
Kruibekesteenweg(BEV) 80A, 9120 Beveren-Kruibeke-Zwijndrecht
since 20012.116.143.090
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46502D1083/00L004 | Flanders | 2,803 m² | 1 · 1,599 m² | 7.3 m · 1 fl. |
| 46502D1094/00E004 | Flanders | 1,961 m² | 1 · 1,607 m² | 8.5 m · 1 fl. |
| 11056B0862/00A002 | Flanders | 465 m² | 1 · 91 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | IWEIN MOORKENS MECHELSESTEENWEG 271 8.1,
2018 ANTWERPEN 1 |
25-04-2024 → present |
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 4,489 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.