BOUWONDERNEMING COSEMANS
InactiveBOUWONDERNEMING COSEMANS was declared bankrupt on 25-11-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 21-03-2023, published in the Belgian State Gazette on 28-03-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three 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 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 17-08-2021, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
17 d late
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€-87k
2019 · €38k
2018: €-2k
2019: €38k
2018 → 2020
Total assets
€491k▲ 28.1%
2019 · €384k
2018: €154k
2019: €384k
2018 → 2020
Net result
€-125k
2019 · €41k
2018: €18k
2019: €41k
2018 → 2020
Working capital
€-58k
2019 · €13k
2018: €-34k
2019: €13k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-2k-€38k€-87k
Operating result€20k-€65k▲ 229%€-120k
Net result€18k-€41k▲ 121%€-125k
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 turns negative in 2020: a loss of €120k after €65k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €491k
Fixed assets
€42k ▼ 26.5%
Current assets
€449k ▲ 37.6%
Key figures and ratios
EBITDA
€-105k▼
2019 · €81k
Cash flow
€-110k▼
2019 · €56k
Solvency
-17.6%▼
2019 · 10.0%
Current ratio
0.89▼
2019 · 1.04
Debt to equity
-0.81▼
2019 · 0.83
ROA
-25.4%▼
2019 · 10.6%
Debt
€578k▲
2019 · €345k
Debt ≤ 1 year
€507k▲
2019 · €313k
Debt > 1 year
€70k▲
2019 · €32k
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 · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€384k€491k▲
Fixed assets21/28€57k€42k▼
Tangible fixed assets22/27€45k€30k▼
Financial fixed assets28€12k€12k=
Current assets29/58€327k€449k▲
Amounts receivable within one year40/41€222k€381k▲
Cash at bank and in hand54/58€105k€65k▼
Equity and liabilities
Total equity and liabilities10/49€384k€491k▲
Equity10/15€38k€-87k▼
Contributions10/11€6k-
Reserves13€32k€2k▼
Profit (loss) carried forward14€-32k€-94k▼
Amounts payable17/49€345k€578k▲
Amounts payable after more than one year17€32k€70k▲
Amounts payable within one year42/48€313k€507k▲
Trade debts44€122k€155k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▼
Gross operating margin9900€107k€-104k▼
Operating profit (loss)9901€65k€-120k▼
Recurring financial income75€36€212▲
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€60k€-125k▼
Income taxes67/77€19k-
Profit (loss) for the period9904€41k€-125k▼
Profit (loss) for the period to be appropriated9905€41k€-125k▼
Appropriation of the result
Return on contributions (dividend)694€808-
Timeline · acts, filings and financial milestones
2023
28-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOUWON- DERNEMING COSEMANS BVBA KLEINE DOORNSTRAAT 57, 2610 WILRIJK (ANTWERPEN) · event 21-03-2023
2021
03-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOUWONDERNEMING COSE- MANS BVBA KLEINE DOORNSTRAAT 57, 2610 WILRIJK (ANTWER- PEN) · event 25-11-2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet €-125k ▼406%
Net result drops to €-125k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €41k ▲121%
Operating result €65k, net result €41k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
19-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
05-07
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
2 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 | TOON BRAWERS JUSTITIESTRAAT 27 BUS 12, 2018 -
ANTWERPEN |
25-11-2021 → 21-03-2023 |