BRUVATEX
A bankruptcy procedure is open for BRUVATEX according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show equity of €119k and a net result of €-70k.
| Equity | €119k |
| Net result | €-70k |
| Staff (FTE) | 27 |
| Active | 41 yrs |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €428k |
| Net profit | €-70k |
| Cash flow | €321k |
| Staff costs | €1.35M |
| Income taxes | €296 |
| Dividends | — |
| Total assets | €6.90M |
| Equity | €119k |
| Debt | €6.78M |
| of which ≤ 1y | €3.29M |
| of which > 1y | €3.48M |
| Working capital | €2.87M |
| Employees (FTE) | 27.0 |
| 2022 | |
|---|---|
| Current ratio | 1.87 |
| Quick ratio | 0.66 |
| Working capital ratio | 41.6% |
| Solvency | 1.7% |
| Debt / equity | 56.87 |
| Long-term debt ratio | 29.24 |
| Interest coverage | 3.19 |
| Gross margin | — |
| Net margin | — |
| ROA | -1.0% |
| ROE | -58.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €6.90M |
| Fixed assets | 21/28 | €739k |
| Intangible fixed assets | 21 | €295k |
| Tangible fixed assets | 22/27 | €443k |
| Financial fixed assets | 28 | €109 |
| Current assets | 29/58 | €6.16M |
| Stocks & contracts in progress | 3 | €3.98M |
| Amounts receivable within one year | 40/41 | €1.27M |
| Cash & bank | 54/58 | €85k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.90M |
| Equity | 10/15 | €119k |
| Contributions / capital | 10/11 | €957k |
| Reserves | 13 | €84k |
| Accumulated profits (losses) | 14 | €-922k |
| Amounts payable | 17/49 | €6.78M |
| Amounts payable after one year | 17 | €3.48M |
| Amounts payable within one year | 42/48 | €3.29M |
| Trade debts payable within one year | 44 | €1.82M |
| Income statement | ||
| Gross operating margin | 9900 | €1.78M |
| Operating result | 9901 | €38k |
| Financial income | 75 | €27k |
| Financial charges | 65 | €135k |
| Result before taxes | 9903 | €-69k |
| Income taxes | 67/77 | €296 |
| Net result for the period | 9904 | €-70k |
| Result to be appropriated | 9905 | €-70k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Carmen MATTHIJS OUDE IEPERSTRAAT 4,
8560 WEVELGEM |
09-04-2024 → present | Belgian State Gazette |
| Curator | MAARTEN
VINCKIER HOOGLEEDSESTEENWEG 7, 8800 ROESELARE- |
09-04-2024 → present | Belgian State Gazette |
| NACE primary | 13100 |
| Legal form | Public limited company(014) |
| Incorporation | 27-02-1985 |
| Status | Active |
| Postal code | 8540 |
| First BS signal | 05-03-2024 |
| Latest BS signal | 15-04-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34392D0079/00H003 | Flanders | 761 m² | 1 · 150 m² | 10.3 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | BRUVATEX |