CES REMACLE
InactiveCES REMACLE was declared bankrupt on 24-02-2022 (Tribunal de l’entreprise de Liège, division Namur); the bankruptcy was closed by liquidation by judgment of 13-07-2023, published in the Belgian State Gazette on 02-08-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 21-07-2021, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
10 d early
2019
111 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€718k
EBIT margin
-2.1%
Net result
€-93k▼ 43.1%
2019 · €-65k
2018: €-19khighest in 3 years
2019: €-65k▼ -249% vs 2018
2020: €-93k▼ -43.1% vs 2019lowest in 3 years
2018 → 2020
Working capital
€-65k
2019 · €26k
2018: €112khighest in 3 years
2019: €26k▼ -77.1% vs 2018
2020: €-65k▼ -352% vs 2019lowest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€718k-
Equity€114k-€29k▼ 74.9%€-65k
2018: €114khighest in 3 years
2019: €29k▼ -74.9% vs 2018
2020: €-65k▼ -326% vs 2019lowest in 3 years
Operating result€-15k-€-59k▼ 303%€-90k▼ 52.2%
2018: €-15khighest in 3 years
2019: €-59k▼ -303% vs 2018
2020: €-90k▼ -52.2% vs 2019lowest in 3 years
Net result€-19k-€-65k▼ 249%€-93k▼ 43.1%
2018: €-19khighest in 3 years
2019: €-65k▼ -249% vs 2018
2020: €-93k▼ -43.1% vs 2019lowest in 3 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €90k in 2020 against €59k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €175k
Fixed assets
€2k ▼ 37.3%
Current assets
€173k ▼ 24.0%
Key figures and ratios
EBITDA
€-89k▼
2019 · €-58k
Cash flow
€-92k▼
2019 · €-63k
Solvency
-37.0%▼
2019 · 12.4%
Current ratio
0.73▼
2019 · 1.13
Quick ratio
0.60▼
2019 · 0.97
ROA
-53.3%▼
2019 · -28.3%
Debt
€239k▲
2019 · €202k
Debt ≤ 1 year
€238k▲
2019 · €202k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€230k€175k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Current assets29/58€228k€173k▼
Stocks and contracts in progress3€31k€30k▼
Amounts receivable within one year40/41€142k€72k▼
Cash at bank and in hand54/58€25k€43k▲
Equity and liabilities
Total equity and liabilities10/49€230k€175k▼
Equity10/15€29k€-65k▼
Contributions10/11€62k€62k=
Reserves13€14k€14k=
Profit (loss) carried forward14€-48k€-141k▼
Amounts payable17/49€202k€239k▲
Amounts payable within one year42/48€202k€238k▲
Trade debts44€152k€45k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Gross operating margin9900€242k€247k▲
Operating profit (loss)9901€-59k€-90k▼
Recurring financial income75€1k€140▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€-64k€-93k▼
Income taxes67/77€744-
Profit (loss) for the period9904€-65k€-93k▼
Profit (loss) for the period to be appropriated9905€-65k€-93k▼
Appropriation of the result
Return on contributions (dividend)694€20k-
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €718k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €2k | €1k | ▼ 37.6% |
| Gross operating margin9900 | €308k | €242k | €247k | ▲ 1.8% |
| Operating profit (loss)9901 | €-15k | €-59k | €-90k | ▼ 52.2% |
| Recurring financial income75 | €6k | €1k | €140 | ▼ 89.3% |
| Recurring financial charges65 | €631 | €6k | €3k | ▼ 53.0% |
| Profit (loss) for the period before taxes9903 | €-19k | €-64k | €-93k | ▼ 44.7% |
| Income taxes67/77 | - | €744 | - | - |
| Profit (loss) for the period9904 | €-19k | €-65k | €-93k | ▼ 43.1% |
| Profit (loss) for the period to be appropriated9905 | €-19k | €-65k | €-93k | ▼ 43.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €144k | €230k | €175k | ▼ 24.1% |
| Fixed assets21/28 | €2k | €3k | €2k | ▼ 37.3% |
| Tangible fixed assets22/27 | €2k | €3k | €2k | ▼ 37.3% |
| Current assets29/58 | €142k | €228k | €173k | ▼ 24.0% |
| Stocks and contracts in progress3 | €24k | €31k | €30k | ▼ 5.3% |
| Amounts receivable within one year40/41 | €39k | €142k | €72k | ▼ 49.3% |
| Cash at bank and in hand54/58 | €77k | €25k | €43k | ▲ 75.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €144k | €230k | €175k | ▼ 24.1% |
| Equity10/15 | €114k | €29k | €-65k | ▼ 326% |
| Contributions10/11 | €62k | €62k | €62k | = |
| Reserves13 | €14k | €14k | €14k | = |
| Profit (loss) carried forward14 | €38k | €-48k | €-141k | ▼ 195% |
| Amounts payable17/49 | €30k | €202k | €239k | ▲ 18.6% |
| Amounts payable within one year42/48 | €30k | €202k | €238k | ▲ 17.9% |
| Trade debts44 | €14k | €152k | €45k | ▼ 70.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-19k | €-65k | €-93k | ▼ 43.1% |
| + Depreciation and write-downs630 | €4k | €2k | €1k | ▼ 37.6% |
| Operating cash flow (approximation) | €-14k | €-63k | €-92k | ▼ 45.2% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | ▲ 100% |
| Change in cash | - | €-52k | €19k | ▲ 136% |
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
2023
02-08
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Namur · event 13-07-2023
2022
14-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 24-02-2022
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 111 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
08-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
30-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 | DAMIEN RIDELLE CHAUSSEE DE DINANT 776,
5100 04 WEPION |
24-02-2022 → 13-07-2023 |