C-BIRD
InactiveC-BIRD was declared bankrupt on 19-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 06-01-2026, published in the Belgian State Gazette on 12-01-2026.
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 deadline27-09-2026 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 03-06-2022, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
58 d early
2020
61 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 58 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
€76,619▲ 52.6%
2020 · €50,209
Total assets
€118,828▲ 37.1%
2020 · €86,679
Net result
€26,410
2020 · -€7,645
Working capital
€91,521▲ 52.7%
2020 · €59,938
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€43,713-€15,438▼ 64.7%-€9,720€26,329
Net result€27,559-€10,313▼ 62.6%-€7,645€26,410
Equity€47,541-€57,854▲ 21.7%€50,209▼ 13.2%€76,619▲ 52.6%
Total assets€108,534-€102,825▼ 5.3%€86,679▼ 15.7%€118,828▲ 37.1%
Debt€60,993-€44,972▼ 26.3%€36,470▼ 18.9%€42,209▲ 15.7%
Working capital€44,872-€61,443▲ 36.9%€59,938▼ 2.4%€91,521▲ 52.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €26,329 after a loss of €9,720 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €118,828
Fixed assets
€5,099 ▼ 50.4%
Current assets
€113,730 ▲ 48.8%
Equity and liabilities €118,828
Equity
€76,619 ▲ 52.6%
Debt
€42,209 ▲ 15.7%
Debt's share of the balance-sheet total falls from 42.1% to 35.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31,501▲
2020 · -€3,580
Cash flow
€31,582▲
2020 · -€1,505
Current ratio
5.12▲
2020 · 4.64
Debt to equity
0.55▲
2020 · 0.40
ROE
34.5%▲
2020 · -15.2%
ROA
22.2%▲
2020 · -8.8%
Interest coverage
35.12
Debt ≤ 1 year
€22,209▲
2020 · €16,470
Debt > 1 year
€20,000=
2020 · €20,000
Income taxes
€1,877
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 |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,120 | €7,552 | €6,140 | €5,172 | ▼ 15.8% |
| Other operating charges640/8 | - | - | - | €9,430 | - |
| Gross operating margin9900 | €61,916 | €36,507 | €4,055 | €40,931 | ▲ 909% |
| Operating profit (loss)9901 | €43,713 | €15,438 | -€9,720 | €26,329 | ▲ 371% |
| Financial income75/76B | - | - | - | €2,855 | - |
| Recurring financial income75 | €770 | €1,632 | €2,233 | €2,855 | ▲ 27.9% |
| Financial charges65/66B | - | - | - | €897 | - |
| Recurring financial charges65 | €298 | €2,598 | €157 | €897 | ▲ 471% |
| Profit (loss) for the period before taxes9903 | €44,185 | €14,472 | -€7,645 | €28,287 | ▲ 470% |
| Income taxes67/77 | €16,626 | €4,158 | - | €1,877 | - |
| Profit (loss) for the period9904 | €27,559 | €10,313 | -€7,645 | €26,410 | ▲ 445% |
| Profit (loss) for the period to be appropriated9905 | €27,559 | €10,313 | -€7,645 | €26,410 | ▲ 445% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €108,534 | €102,825 | €86,679 | €118,828 | ▲ 37.1% |
| Fixed assets21/28 | €22,668 | €16,411 | €10,271 | €5,099 | ▼ 50.4% |
| Intangible fixed assets21 | €12,000 | €8,000 | €4,000 | - | - |
| Tangible fixed assets22/27 | €6,368 | €4,111 | €1,971 | €799 | ▼ 59.5% |
| Other tangible fixed assets26 | - | - | - | €799 | - |
| Financial fixed assets28 | €4,300 | €4,300 | €4,300 | €4,300 | = |
| Current assets29/58 | €85,865 | €86,415 | €76,408 | €113,730 | ▲ 48.8% |
| Amounts receivable after more than one year29 | - | - | - | €84,500 | - |
| Other amounts receivable291 | - | - | - | €84,500 | - |
| Stocks and contracts in progress3 | €1,685 | €1,480 | - | - | - |
| Amounts receivable within one year40/41 | €13,946 | €2,059 | €2,746 | €17,922 | ▲ 553% |
| Trade receivables40 | - | - | - | €15,067 | - |
| Other amounts receivable41 | - | - | - | €2,855 | - |
| Cash at bank and in hand54/58 | €31,734 | €28,876 | €17,662 | €11,308 | ▼ 36.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €108,534 | €102,825 | €86,679 | €118,828 | ▲ 37.1% |
| Equity10/15 | €47,541 | €57,854 | €50,209 | €76,619 | ▲ 52.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Reserves13 | €41,341 | €51,654 | €51,654 | €70,419 | ▲ 36.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €68,559 | - |
| Profit (loss) carried forward14 | -€18,860 | - | -€7,645 | - | - |
| Amounts payable17/49 | €60,993 | €44,972 | €36,470 | €42,209 | ▲ 15.7% |
| Amounts payable after more than one year17 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Financial debts170/4 | - | - | - | €20,000 | - |
| Amounts payable within one year42/48 | €40,993 | €24,972 | €16,470 | €22,209 | ▲ 34.8% |
| Trade debts44 | €23,755 | €7,526 | €8,776 | €15,911 | ▲ 81.3% |
| Suppliers440/4 | - | - | - | €15,911 | - |
| Taxes, remuneration and social security45 | - | - | - | €6,174 | - |
| Taxes450/3 | - | - | - | €6,174 | - |
| Other amounts payable47/48 | - | - | - | €124 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,559 | €10,313 | -€7,645 | €26,410 | ▲ 445% |
| + Depreciation and write-downs630 | €7,120 | €7,552 | €6,140 | €5,172 | ▼ 15.8% |
| Operating cash flow (approximation) | €34,679 | €17,865 | -€1,505 | €31,582 | ▲ 2,199% |
| Investment in fixed assets (approximation) | - | -€1,294 | €0 | €0 | - |
| Change in cash | - | -€2,858 | -€11,214 | -€6,354 | ▲ 43.3% |
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
2026
12-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-01-2026
2023
30-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-10-2023
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €26,410
Net result €26,410 after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€7,645
Net result drops to -€7,645, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
16-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
18-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | MARIAN VAN ALPHEN KASTEELDREEF 101A,
2970 SCHILDE |
19-10-2023 → 06-01-2026 |