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C & D TECHNICS

Inactive1 interim measure
KBO/BCE: BE 0550.728.287

Inactive; last annual accounts for fiscal year 2018.

Summary

C & D TECHNICS was declared bankrupt on 19-09-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 24-06-2024, published in the Belgian State Gazette on 01-07-2024.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Interim administration
1 publication(s) on interim administration in the Belgisch Staatsblad. An early signal, not a finding of bankruptcy.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline27-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 29-08-2019, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

C & D TECHNICS has filed 4 sets of annual accounts, the latest for fiscal year 2018.1 The company was declared bankrupt on 19 September 2022; the bankruptcy was closed on 24 June 2024.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 23-09-2022
  3. 3Belgian State Gazette, 01-07-2024

Financials · fiscal year 2018, micro schema

Equity
€6,900
Total assets
€33,636
Net result
-€1,880
Working capital
€2,822

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €33,636
Fixed assets €9,359
Current assets €24,277
Equity and liabilities €33,636
Equity €6,900
Debt €26,736
Debt finances 79.5% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€4,470
Cash flow
€3,795
Current ratio
1.13
ROE
-27.2%
ROA
-5.6%
Debt ≤ 1 year
€21,455
Income taxes
€223
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 24 lines
Balance sheet Code2018
Assets
Total assets20/58€33,636
Fixed assets21/28€9,359
Tangible fixed assets22/27€9,159
Financial fixed assets28€200
Current assets29/58€24,277
Stocks and contracts in progress3€5,340
Amounts receivable within one year40/41€2,769
Cash at bank and in hand54/58€16,000
Equity and liabilities
Total equity and liabilities10/49€33,636
Equity10/15€6,900
Contributions10/11€6,200
Reserves13€1,860
Profit (loss) carried forward14-€1,160
Amounts payable17/49€26,736
Amounts payable within one year42/48€21,455
Trade debts44€2,329
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,675
Gross operating margin9900€5,081
Operating profit (loss)9901-€1,205
Recurring financial charges65€451
Profit (loss) for the period before taxes9903-€1,657
Income taxes67/77€223
Profit (loss) for the period9904-€1,880
Profit (loss) for the period to be appropriated9905-€1,880
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,675
Gross operating margin9900€5,081
Operating profit (loss)9901-€1,205
Recurring financial charges65€451
Profit (loss) for the period before taxes9903-€1,657
Income taxes67/77€223
Profit (loss) for the period9904-€1,880
Profit (loss) for the period to be appropriated9905-€1,880
Line2018
Assets
Total assets20/58€33,636
Fixed assets21/28€9,359
Tangible fixed assets22/27€9,159
Financial fixed assets28€200
Current assets29/58€24,277
Stocks and contracts in progress3€5,340
Amounts receivable within one year40/41€2,769
Cash at bank and in hand54/58€16,000
Equity and liabilities
Total equity and liabilities10/49€33,636
Equity10/15€6,900
Contributions10/11€6,200
Reserves13€1,860
Profit (loss) carried forward14-€1,160
Amounts payable17/49€26,736
Amounts payable within one year42/48€21,455
Trade debts44€2,329
Line2018
Profit (loss) for the period9904-€1,880
+ Depreciation and write-downs630€5,675
Operating cash flow (approximation)€3,795

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
01-07
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-06-2024
2022
23-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 19-09-2022
11-04
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalNBB filing
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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 KRIS GOEMAN
LEOPOLDLAAN 15, 9200 DENDER- MONDE
19-09-2022 → 24-06-2024