BROMAT
InactiveBROMAT was declared bankrupt on 17-11-2022 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 01-02-2024, published in the Belgian State Gazette on 07-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three 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 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 24-06-2022, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
37 d early
2020
37 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 37 days before 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)
History
Financials · fiscal year 2021, micro schema
Equity
-€54,934▼ 158%
2020 · -€21,322
Total assets
€349,123▲ 1.4%
2020 · €344,448
Net result
-€33,612▲ 62.7%
2020 · -€90,148
Working capital
-€33,543▲ 45.1%
2020 · -€61,142
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
Line2018201920202021
Operating result€8,908--€201,379-€86,736▲ 56.9%-€26,660▲ 69.3%
Net result€3,952--€204,912-€90,148▲ 56.0%-€33,612▲ 62.7%
Equity€273,738-€68,826▼ 74.9%-€21,322-€54,934▼ 158%
Total assets€443,897-€242,098▼ 45.5%€344,448▲ 42.3%€349,123▲ 1.4%
Debt€170,160-€173,272▲ 1.8%€365,770▲ 111%€404,057▲ 10.5%
Working capital€209,595-€58,347▼ 72.2%-€61,142-€33,543▲ 45.1%
Staff (FTE)0.7-2.9▲ 314%3.4▲ 17.2%2.8▼ 17.6%
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 €26,660 in 2021 against €86,736 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €349,123
Fixed assets
€221,810 ▼ 20.9%
Current assets
€127,313 ▲ 99.3%
Key figures and ratios
EBITDA
€34,255▲
2020 · -€30,478
Cash flow
€27,303▲
2020 · -€33,890
Solvency
-15.7%▼
2020 · -6.2%
Current ratio
0.79▲
2020 · 0.51
Quick ratio
0.53▲
2020 · 0.38
Debt to equity
-7.36▲
2020 · -11.22
ROA
-9.6%▲
2020 · -26.2%
Interest coverage
6.39
Debt ≤ 1 year
€160,856▲
2020 · €125,031
Debt > 1 year
€243,201▲
2020 · €239,240
Staff costs
€92,222
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €92,222 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,380 | €59,966 | €56,258 | €60,915 | ▲ 8.3% |
| Other operating charges640/8 | - | - | - | €671 | - |
| Gross operating margin9900 | €75,847 | -€77,303 | €83,884 | €127,149 | ▲ 51.6% |
| Operating profit (loss)9901 | €8,908 | -€201,379 | -€86,736 | -€26,660 | ▲ 69.3% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €29 | - | €693 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €6,952 | - |
| Recurring financial charges65 | €3,221 | €3,533 | €4,105 | €5,357 | ▲ 30.5% |
| Non-recurring financial charges66B | - | - | - | €1,595 | - |
| Profit (loss) for the period before taxes9903 | €5,715 | -€204,912 | -€90,148 | -€33,612 | ▲ 62.7% |
| Income taxes67/77 | €1,763 | - | - | - | - |
| Profit (loss) for the period9904 | €3,952 | -€204,912 | -€90,148 | -€33,612 | ▲ 62.7% |
| Profit (loss) for the period to be appropriated9905 | €3,952 | -€204,912 | -€90,148 | -€33,612 | ▲ 62.7% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €443,897 | €242,098 | €344,448 | €349,123 | ▲ 1.4% |
| Fixed assets21/28 | €181,783 | €132,867 | €280,559 | €221,810 | ▼ 20.9% |
| Tangible fixed assets22/27 | €181,783 | €132,867 | €280,559 | €221,810 | ▼ 20.9% |
| Plant, machinery and equipment23 | - | - | - | €63,006 | - |
| Leasing and similar rights25 | - | - | - | €155,390 | - |
| Other tangible fixed assets26 | - | - | - | €3,414 | - |
| Current assets29/58 | €262,114 | €109,231 | €63,888 | €127,313 | ▲ 99.3% |
| Stocks and contracts in progress3 | €5,040 | €8,251 | €16,290 | €41,332 | ▲ 154% |
| Stocks30/36 | - | - | - | €41,332 | - |
| Amounts receivable within one year40/41 | €84,200 | €80,034 | €30,957 | €75,255 | ▲ 143% |
| Trade receivables40 | - | - | - | €75,255 | - |
| Other amounts receivable41 | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €166,433 | €15,916 | €15,566 | €7,522 | ▼ 51.7% |
| Deferred charges and accrued income490/1 | - | - | - | €3,204 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €443,897 | €242,098 | €344,448 | €349,123 | ▲ 1.4% |
| Equity10/15 | €273,738 | €68,826 | -€21,322 | -€54,934 | ▼ 158% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | - |
| Reserves13 | €253,738 | €48,826 | €36,729 | €36,729 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | - |
| Distributable reserves133 | - | - | - | €34,729 | - |
| Profit (loss) carried forward14 | - | - | -€78,052 | -€111,664 | ▼ 43.1% |
| Amounts payable17/49 | €170,160 | €173,272 | €365,770 | €404,057 | ▲ 10.5% |
| Amounts payable after more than one year17 | €117,640 | €122,388 | €239,240 | €243,201 | ▲ 1.7% |
| Financial debts170/4 | - | - | - | €133,635 | - |
| Other amounts payable178/9 | - | - | - | €109,567 | - |
| Amounts payable within one year42/48 | €52,520 | €50,884 | €125,031 | €160,856 | ▲ 28.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €35,504 | - |
| Financial debts43 | - | - | - | €24,237 | - |
| Credit institutions430/8 | - | - | - | €24,237 | - |
| Trade debts44 | €9,245 | €17,682 | €30,106 | €48,547 | ▲ 61.2% |
| Suppliers440/4 | - | - | - | €48,547 | - |
| Taxes, remuneration and social security45 | - | - | - | €19,997 | - |
| Taxes450/3 | - | - | - | €6,757 | - |
| Remuneration and social security454/9 | - | - | - | €13,240 | - |
| Other amounts payable47/48 | - | - | - | €32,572 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,952 | -€204,912 | -€90,148 | -€33,612 | ▲ 62.7% |
| + Depreciation and write-downs630 | €63,380 | €59,966 | €56,258 | €60,915 | ▲ 8.3% |
| Operating cash flow (approximation) | €67,332 | -€144,946 | -€33,890 | €27,303 | ▲ 181% |
| Investment in fixed assets (approximation) | - | -€11,050 | -€203,950 | -€2,166 | ▲ 98.9% |
| Change in cash | - | -€150,517 | -€350 | -€8,044 | ▼ 2,196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
07-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 01-02-2024
2022
24-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 17-11-2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€204,912
Net result drops to -€204,912, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
06-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DOMINIC GIELEN VAN DIJCKLAAN 15, 3500 HASSELT- |
17-11-2022 → 01-02-2024 |
| Curator | XAVIER GIELEN Van Dijcklaan 15,
3500 HASSELT |
17-11-2022 → 01-02-2024 |
| Curator | FREDERIKA VAN SWYGENHOVEN VAN DIJCKLAAN 15, 3500 HASSELT |
17-11-2022 → 01-02-2024 |