BURECOM
InactiveBURECOM was declared bankrupt on 28-03-2022 (Tribunal de l’entreprise francophone de Bruxelles). The bankruptcy was closed for insufficient assets by judgment of 29-11-2022, published in the Belgian Official Gazette on 05-12-2022.
Summary
Inactive. The last annual accounts are for financial year 2021.
Overview
Overview
Official details
Source: KBO- Status
- Inactive bankruptcy closed on 29-11-2022
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 30-06-2021
- Gross margin
- €750
- ▼ 59.9%
- Turnover
- ≈ €5,700
- estimated
- Loss
- €4,634
- ▼ 8.0%
- Equity
- -€24,192
- ▼ 23.7%
Financials
Financials · financial year 2021, micro format
Annual accounts 2021 filed on 30-11-2021 PDF all 41 filings
Turnover
€7,823▼ 79.4%
2019 · €37,905
EBIT margin
-15.7%▼ 28.1pp
2019 · 12.4%
Net result
-€4,634▲ 8.0%
2020 · -€5,037
Working capital
-€17,819
2019 · €18,420
Multi-year overview
2019 to 2021, 3 financial yearsTurnover
no figure
2021
20192021
Operating result
-€16,618
▼ 1,251%
2021
20192021
Net result
-€4,634
▲ 8.0%
2021
20192021
EBIT margin
no figure
2021
20192021
Equity
-€24,192
▼ 23.7%
2021
20192021
Total assets
no figure
2021
20192021
Debt
€24,192
▼ 34.5%
2021
20192021
Working capital
no figure
2021
20192021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021
Turnover€37,905-€7,823▼ 79.4%
Operating result€4,692--€1,230-€16,618▼ 1,251%
Net result€691--€5,037-€4,634▲ 8.0%
EBIT margin12.4%--15.7%▼ 28.1pp
Equity-€14,521--€19,558▼ 34.7%-€24,192▼ 23.7%
Total assets€61,986-€17,382▼ 72.0%
Debt€76,507-€36,940▼ 51.7%€24,192▼ 34.5%
Working capital€18,420--€17,819
The operating result for 2021 is a loss of €16,618, larger than the loss of €1,230 in 2020. It is the lowest result since 2019.
Key figures and ratios
EBITDA
-€13,662▼
2020 · €1,726
Cash flow
-€1,678▲
2020 · -€2,081
Debt ≤ 1 year
€24,192▼
2020 · €32,245
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | €37,905 | €7,823 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,956 | €2,956 | €2,956 | = |
| Gross operating margin9900 | €25,690 | €1,871 | €750 | ▼ 59.9% |
| Operating profit (loss)9901 | €4,692 | -€1,230 | -€16,618 | ▼ 1,251% |
| Recurring financial income75 | - | - | €8,121 | - |
| Recurring financial charges65 | €3,001 | €3,807 | €3,181 | ▼ 16.4% |
| Profit (loss) for the period before taxes9903 | €1,691 | -€5,037 | -€4,634 | ▲ 8.0% |
| Income taxes67/77 | €1,000 | - | - | - |
| Profit (loss) for the period9904 | €691 | -€5,037 | -€4,634 | ▲ 8.0% |
| Profit (loss) for the period to be appropriated9905 | €691 | -€5,037 | -€4,634 | ▲ 8.0% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €61,986 | €17,382 | - | - |
| Fixed assets21/28 | €5,912 | €2,956 | - | - |
| Tangible fixed assets22/27 | €5,912 | €2,956 | - | - |
| Current assets29/58 | €56,075 | €14,427 | - | - |
| Amounts receivable within one year40/41 | €36,065 | €14,242 | - | - |
| Current investments50/53 | €16,000 | - | - | - |
| Cash at bank and in hand54/58 | €4,010 | €185 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €61,986 | €17,382 | - | - |
| Equity10/15 | -€14,521 | -€19,558 | -€24,192 | ▼ 23.7% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | -€35,421 | -€40,458 | -€45,092 | ▼ 11.5% |
| Amounts payable17/49 | €76,507 | €36,940 | €24,192 | ▼ 34.5% |
| Amounts payable after more than one year17 | €29,852 | €4,695 | - | - |
| Amounts payable within one year42/48 | €37,655 | €32,245 | €24,192 | ▼ 25.0% |
| Trade debts44 | €4,717 | €2,229 | - | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €691 | -€5,037 | -€4,634 | ▲ 8.0% |
| + Depreciation and write-downs630 | €2,956 | €2,956 | €2,956 | = |
| Operating cash flow (approximation) | €3,647 | -€2,081 | -€1,678 | ▲ 19.3% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | -€3,825 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2021 | micro format | 30-11-2021 | 2021-78900028 | |
| 30-06-2020 | micro format | 06-01-2021 | 2021-00400108 | |
| 30-06-2019 | micro format | 07-12-2020 | 2020-74900355 | |
| 30-06-2018 | micro format | 05-01-2021 | 2021-00300092 | |
| 30-06-2015 | full format | 22-04-2016 | 2016-11000034 | |
| 30-06-2014 | full format | 01-04-2016 | 2016-09300595 | |
| 30-06-2013 | full format | 04-03-2016 | 2016-05800208 | |
| 30-06-2012 | full format | 04-03-2016 | 2016-05800209 | |
| 30-06-2011 | full format | 22-11-2012 | 2012-64300578 | |
| 30-06-2010 | full format | 22-11-2012 | 2012-64400104 |
Board & ownership
Directors
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Anicet Baum Avenue Armand Huysmans 212, 1050 Bruxelles 5 |
28-03-2022 → 29-11-2022 |
Owners and capital
Owners
Timeline
Deeds, filings and financial milestones
2022
05-12
Bankruptcy
Bankruptcy closure (insufficient assets)
French-language Enterprise Court of Brussels · judgment of 29-11-2022
04-04
Bankruptcy
Bankruptcy declared
French-language Enterprise Court of Brussels · judgment of 28-03-2022
2021
30-11
micro format · 62 days before the deadline
09-03
Bankruptcy
Judicial dissolution, liquidator appointed
French-language Enterprise Court of Brussels · Christophe Baudoux · judgment of 18-02-2021
06-01
micro format · 25 days before the deadline
05-01
micro format · 705 days late
2020
07-12
micro format · 311 days late
30-06
Financial
Weakest financial yearnet -€5,037
The net result drops to -€5,037, the lowest from 2019 to 2021.
2016
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
BURECOM is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 June 2021
- Last registered office
- Avenue Nellie Melba 105, 1070 Bruxellesas published on 30 January 2018
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 1978