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BRIGHTCOM

Inactive
KBO/BCE: BE 0843.208.726

BRIGHTCOM was declared bankrupt on 29-12-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 02-04-2024, published in the Belgian State Gazette on 18-04-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 · 8 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 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 29-08-2021, 29 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
29 d late
2019
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 201,598 in 2018 to EUR 206,326 in 2020.1 BRIGHTCOM was declared bankrupt on 29 December 2022; the bankruptcy was closed on 2 April 2024.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 05-01-2023
  3. 3Belgian State Gazette, 18-04-2024

Financials · fiscal year 2020, micro schema

Turnover
€12,858▲ 82.2%
2018 · €7,056
EBIT margin
1.2%▼ 64.8pp
2018 · 66.0%
Net result
-€716▼ 72,976%
2019 · -€1
Working capital
€199,108=
2019 · €199,108
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Turnover€7,056-€12,858▲ 82.2%
Operating result€4,657-€158▼ 96.6%-€716
Net result-€5,047--€1▲ 100.0%-€716▼ 72,976%
EBIT margin66.0%-1.2%▼ 64.8pp
Equity€197,741-€197,740=€197,024▼ 0.4%
Total assets€201,598-€207,042▲ 2.7%€206,326▼ 0.3%
Debt€3,857-€9,301▲ 141%€9,301=
Working capital€198,229-€199,108▲ 0.4%€199,108=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500€5,000Operating result 2018: €4,657€4,657Net result 2018: -€5,047-€5,047Operating result 2019: €158€158Net result 2019: -€1-€1Operating result 2020: -€716-€716Net result 2020: -€716-€716201820192020-€7,500-€5,000-€2,500€0€2,500€5,000Operating result 2018: €4,657€4,660Net result 2018: -€5,047-€5,050Operating result 2019: €158€158Net result 2019: -€1-€1Operating result 2020: -€716-€716Net result 2020: -€716-€716201820192020
The operating result turns negative in 2020: a loss of €716 after €158 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €206,326
Fixed assets €716 ▼ 50.0%
Current assets €205,609 =
Equity and liabilities €206,326
Equity €197,024 ▼ 0.4%
Debt €9,301 =
Debt's share of the balance-sheet total stays at 4.5%.
Key figures and ratios
2020 value · change against 2019
EBITDA
€0▼
2019 · €1,038
Cash flow
€0▼
2019 · €879
Current ratio
31.62=
2019 · 31.62
ROE
-0.4%▼
2019 · 0.0%
ROA
-0.3%▼
2019 · 0.0%
Debt ≤ 1 year
€6,502=
2019 · €6,502
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€207,042€206,326▼
Fixed assets21/28€1,432€716▼
Tangible fixed assets22/27€1,432€716▼
Current assets29/58€205,609€205,609=
Amounts receivable within one year40/41€15,609€15,609=
Cash at bank and in hand54/58€0€0=
Equity and liabilities
Total equity and liabilities10/49€207,042€206,326▼
Equity10/15€197,740€197,024▼
Contributions10/11€6,200€6,200=
Reserves13€191,860€191,860=
Profit (loss) carried forward14-€320-€1,036▼
Amounts payable17/49€9,301€9,301=
Amounts payable within one year42/48€6,502€6,502=
Trade debts44€5,989€5,989=
Income statement Code20192020
Turnover70€12,858-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€880€716▼
Gross operating margin9900€1,038-
Operating profit (loss)9901€158-€716▼
Recurring financial charges65€159-
Profit (loss) for the period before taxes9903-€1-€716▼
Profit (loss) for the period9904-€1-€716▼
Profit (loss) for the period to be appropriated9905-€1-€716▼
Line201820192020Change
Turnover70€7,056€12,858--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€880€880€716▼ 18.6%
Gross operating margin9900€5,667€1,038--
Operating profit (loss)9901€4,657€158-€716▼ 553%
Recurring financial charges65€2,889€159--
Profit (loss) for the period before taxes9903€1,768-€1-€716▼ 72,976%
Income taxes67/77€6,815---
Profit (loss) for the period9904-€5,047-€1-€716▼ 72,976%
Profit (loss) for the period to be appropriated9905-€5,047-€1-€716▼ 72,976%
Line201820192020Change
Assets
Total assets20/58€201,598€207,042€206,326▼ 0.3%
Fixed assets21/28€2,312€1,432€716▼ 50.0%
Tangible fixed assets22/27€2,312€1,432€716▼ 50.0%
Current assets29/58€199,287€205,609€205,609=
Amounts receivable within one year40/41€1,283€15,609€15,609=
Cash at bank and in hand54/58€8,004€0€0=
Equity and liabilities
Total equity and liabilities10/49€201,598€207,042€206,326▼ 0.3%
Equity10/15€197,741€197,740€197,024▼ 0.4%
Contributions10/11€6,200€6,200€6,200=
Reserves13€191,860€191,860€191,860=
Profit (loss) carried forward14-€319-€320-€1,036▼ 224%
Amounts payable17/49€3,857€9,301€9,301=
Amounts payable within one year42/48€1,058€6,502€6,502=
Trade debts44€513€5,989€5,989=
Line201820192020Change
Profit (loss) for the period9904-€5,047-€1-€716▼ 72,976%
+ Depreciation and write-downs630€880€880€716▼ 18.6%
Operating cash flow (approximation)-€4,167€879€0▼ 100%
Investment in fixed assets (approximation)-€0€0▼ 100%
Change in cash--€8,003€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
18-04
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-04-2024
2023
05-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 29-12-2022
2021
29-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
17-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
19-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 50 days late
2015
10-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 10 days late
2014
29-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 90 days late
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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

1 mandate
Role Name Tenure
Curator THOMAS NICLAES
BRUSSELSTRAAT 7, 2000 ANTWERPEN 1
29-12-2022 → 02-04-2024