CASHFLOW 91
InactiveCASHFLOW 91 was declared bankrupt on 19-12-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 15-10-2024, published in the Belgian State Gazette on 21-10-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 18-11-2022, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
110 d late
2020
475 d late
2019
199 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-69k▼ 13.8%
2020 · €-61k
2018: €-45k
2019: €-51k
2020: €-61k
2018 → 2021
Total assets
€566k▲ 6.9%
2020 · €530k
2018: €73k
2019: €462k
2020: €530k
2018 → 2021
Net result
€-8k▲ 13.6%
2020 · €-10k
2018: €3k
2019: €-6k
2020: €-10k
2018 → 2021
Working capital
€195k▼ 6.1%
2020 · €208k
2018: €-95k
2019: €166k
2020: €208k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-45k-€-51k▼ 12.8%€-61k▼ 19.0%€-69k▼ 13.8%
Operating result€4k-€-5k€-10k▼ 88.7%€-8k▲ 19.2%
Net result€3k-€-6k€-10k▼ 68.0%€-8k▲ 13.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2021 against €10k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €566k
Fixed assets
€100k=
Current assets
€466k▲ 8.5%
Key figures and ratios
Solvency
-12.2%▼
2020 · -11.5%
Current ratio
1.72▼
2020 · 1.94
Quick ratio
1.72▼
2020 · 1.94
Debt / equity
-9.19▲
2020 · -9.73
ROA
-1.5%▲
2020 · -1.8%
Debt
€635k▲
2020 · €590k
Debt ≤ 1 year
€271k▲
2020 · €222k
Debt > 1 year
€365k▼
2020 · €369k
Staff costs
€0▼
2020 · €328
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€530k€566k▲
Fixed assets21/28€100k€100k=
Financial fixed assets28€100k€100k=
Current assets29/58€430k€466k▲
Amounts receivable within one year40/41€105k€109k▲
Trade receivables40€91k€89k▼
Other amounts receivable41€14k€21k▲
Cash at bank and in hand54/58€2k€0▼
Deferred charges and accrued income490/1€323k€357k▲
Equity and liabilities
Total equity and liabilities10/49€530k€566k▲
Equity10/15€-61k€-69k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-68k€-77k▼
Amounts payable17/49€590k€635k▲
Amounts payable after more than one year17€369k€365k▼
Financial debts170/4€369k€365k▼
Amounts payable within one year42/48€222k€271k▲
Financial debts43-€30
Credit institutions430/8-€30
Trade debts44€81k€130k▲
Suppliers440/4€81k€130k▲
Taxes, remuneration and social security45€0€2k▲
Taxes450/3€0€2k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€140k€139k▼
Income statement
Code20202021
Remuneration, social security and pensions62€328€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€4k▲
Gross operating margin9900€-8k€-4k▲
Operating profit (loss)9901€-10k€-8k▲
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€1k€280▼
Recurring financial charges65€1k€280▼
Profit (loss) for the period before taxes9903€-10k€-8k▲
Profit (loss) for the period9904€-10k€-8k▲
Profit (loss) for the period to be appropriated9905€-10k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-68k€-77k▼
Profit (loss) brought forward from the previous period14P€-59k€-68k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
21-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · CASH- FLOW 91 BV TERLINDENSTRAAT 36, 1740 TERNAT · event 15-10-2024
2023
27-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CASHFLOW 91 BV TERLINDEN- STRAAT 36, 1740 TERNAT · event 19-12-2023
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 110 days late
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 475 days late
05-07
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · CASHFLOW 91 BV TERLINDENSTRAAT 36, 1740 TERNAT · event 28-06-2022
2021
15-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 199 days late
2020
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
2019
31-12
Financial
Liquidity times 9current ratio 1.78
Current ratio from 0.20 to 1.78.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 204 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 570 days late
2016
10-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 588 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 953 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
19-12-2023 → present |