BUDIMAT
InactiveBUDIMAT was declared bankrupt on 03-01-2019 (Tribunal de l’entreprise de Liège, division Namur); the bankruptcy was closed for insufficient assets by judgment of 23-02-2022, published in the Belgian State Gazette on 02-03-2022.
Summary
Inactive; last annual accounts for fiscal year 2018.
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 31-03-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-03-2019 close31-10-2019 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 31-10-2018, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
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 2018, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€45,934▲ 72.7%
2017 · -€168,397
Working capital
-€18,962
2017 · €51,154
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
Line20142015201620172018
Operating result€27,208-€30,751▲ 13.0%-€3,070-€139,785▼ 4,454%-€41,715▲ 70.2%
Net result€23,824-€29,561▲ 24.1%€9,920▼ 66.4%-€168,397-€45,934▲ 72.7%
Equity€151,951-€153,512▲ 1.0%€163,432▲ 6.5%-€4,965-€38,499▼ 675%
Total assets€250,204-€271,936▲ 8.7%€282,830▲ 4.0%€192,804▼ 31.8%€73,178▼ 62.0%
Debt€98,254-€118,424▲ 20.5%€119,397▲ 0.8%€197,769▲ 65.6%€111,676▼ 43.5%
Working capital€140,386-€147,790▲ 5.3%€148,031▲ 0.2%€51,154▼ 65.4%-€18,962
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41,715 in 2018 against €139,785 in 2017; the loss shrinks.
Key figures and ratios
EBITDA
-€39,993▲
2017 · -€136,301
Cash flow
-€44,212▲
2017 · -€164,914
Solvency
-52.6%▼
2017 · -2.6%
Current ratio
0.79▼
2017 · 1.36
Debt to equity
-0.51▲
2017 · -11.46
ROA
-62.8%▲
2017 · -87.3%
Debt ≤ 1 year
€92,140▼
2017 · €140,869
Debt > 1 year
€19,537▼
2017 · €56,900
Income taxes
€140▼
2017 · €300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,097 | €17,968 | €16,647 | €3,484 | €1,722 | ▼ 50.6% |
| Gross operating margin9900 | €48,384 | €51,060 | €18,726 | -€131,946 | €8,223 | ▲ 106% |
| Operating profit (loss)9901 | €27,208 | €30,751 | -€3,070 | -€139,785 | -€41,715 | ▲ 70.2% |
| Recurring financial income75 | €677 | €1,604 | €212 | €314 | €28 | ▼ 91.0% |
| Recurring financial charges65 | €3,811 | €2,794 | €5,491 | €13,137 | €4,107 | ▼ 68.7% |
| Profit (loss) for the period before taxes9903 | €23,824 | €29,561 | €12,920 | -€168,097 | -€45,794 | ▲ 72.8% |
| Income taxes67/77 | - | - | €3,000 | €300 | €140 | ▼ 53.5% |
| Profit (loss) for the period9904 | €23,824 | €29,561 | €9,920 | -€168,397 | -€45,934 | ▲ 72.7% |
| Profit (loss) for the period to be appropriated9905 | €23,824 | €29,561 | €9,920 | -€168,397 | -€45,934 | ▲ 72.7% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €250,204 | €271,936 | €282,830 | €192,804 | €73,178 | ▼ 62.0% |
| Fixed assets21/28 | €21,275 | €9,634 | €34,233 | €781 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €21,225 | €9,584 | €34,183 | €731 | €0 | ▼ 100% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | - | - |
| Current assets29/58 | €228,930 | €262,302 | €248,596 | €192,023 | €73,178 | ▼ 61.9% |
| Stocks and contracts in progress3 | €12,000 | €58,386 | €52,000 | €44,000 | - | - |
| Amounts receivable within one year40/41 | €210,546 | €187,878 | €188,435 | €142,211 | €72,987 | ▼ 48.7% |
| Cash at bank and in hand54/58 | €3,722 | €4,615 | €5,520 | €4,234 | €15 | ▼ 99.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €250,204 | €271,936 | €282,830 | €192,804 | €73,178 | ▼ 62.0% |
| Equity10/15 | €151,951 | €153,512 | €163,432 | -€4,965 | -€38,499 | ▼ 675% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €18,600 | ▲ 200% |
| Reserves13 | €141,860 | €141,860 | €151,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €3,891 | €5,452 | €5,372 | -€13,025 | -€58,959 | ▼ 353% |
| Amounts payable17/49 | €98,254 | €118,424 | €119,397 | €197,769 | €111,676 | ▼ 43.5% |
| Amounts payable after more than one year17 | €9,710 | €3,911 | €18,832 | €56,900 | €19,537 | ▼ 65.7% |
| Amounts payable within one year42/48 | €88,544 | €114,513 | €100,565 | €140,869 | €92,140 | ▼ 34.6% |
| Trade debts44 | €34,301 | €58,679 | €58,278 | €84,736 | €50,695 | ▼ 40.2% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,824 | €29,561 | €9,920 | -€168,397 | -€45,934 | ▲ 72.7% |
| + Depreciation and write-downs630 | €20,097 | €17,968 | €16,647 | €3,484 | €1,722 | ▼ 50.6% |
| Operating cash flow (approximation) | €43,920 | €47,529 | €26,567 | -€164,914 | -€44,212 | ▲ 73.2% |
| Investment in fixed assets (approximation) | - | -€6,327 | -€41,246 | €29,968 | -€940 | ▼ 103% |
| Change in cash | - | €892 | €905 | -€1,286 | -€4,219 | ▼ 228% |
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
2022
02-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Namur · event 23-02-2022
2021
24-11
Bankruptcy
Change of trustee
Tribunal de l’entreprise de Liège, division Namur · event 18-11-2021
2019
09-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 03-01-2019
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
31-03
Financial
Weakest financial yearnet -€168,397
Net result drops to -€168,397, the lowest in the series.
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
07-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
31-03
Financial
Highest result since 2014net €29,561 ▲24.1%
Operating result €30,751, net result €29,561, both a record.
2014
26-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
04-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
16-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Show earlier events
2011
25-10
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2010
05-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2009
18-09
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CAROLINE CRAPPE CHAUSSEE DE NAMUR, 262/A, 5310 EGHEZEE |
18-11-2021 → 23-02-2022 |
| Curator | BENOIT BUCHET Avenue Cardinal Mercier 48,
5000 NAMUR |
03-01-2019 → 23-02-2022 |