CHARTAGE
InactiveCHARTAGE was declared bankrupt on 24-01-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 07-05-2024, published in the Belgian State Gazette on 14-05-2024.
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 31-03-2022, 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 · 7 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 18-11-2021, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
18 d late
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-77k▼ 58.9%
2020 · €-49k
2019: €-18khighest in 3 years
2020: €-49k▼ -171% vs 2019
2021: €-77k▼ -58.9% vs 2020lowest in 3 years
2019 → 2021
Total assets
€180k▼ 19.0%
2020 · €222k
2019: €305khighest in 3 years
2020: €222k▼ -27.1% vs 2019
2021: €180k▼ -19.0% vs 2020lowest in 3 years
2019 → 2021
Net result
€-29k▲ 6.6%
2020 · €-31k
2019: €-9khighest in 3 years
2020: €-31k▼ -244% vs 2019lowest in 3 years
2021: €-29k▲ +6.6% vs 2020
2019 → 2021
Working capital
€-1k▲ 91.8%
2020 · €-15k
2019: €10khighest in 3 years
2020: €-15k▼ -245% vs 2019lowest in 3 years
2021: €-1k▲ +91.8% vs 2020
2019 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-18k-€-49k▼ 171%€-77k▼ 58.9%
2019: €-18khighest in 3 years
2020: €-49k▼ -171% vs 2019
2021: €-77k▼ -58.9% vs 2020lowest in 3 years
Operating result€-4k-€-27k▼ 557%€-27k▲ 0.4%
2019: €-4khighest in 3 years
2020: €-27k▼ -557% vs 2019lowest in 3 years
2021: €-27k▲ +0.4% vs 2020
Net result€-9k-€-31k▼ 244%€-29k▲ 6.6%
2019: €-9khighest in 3 years
2020: €-31k▼ -244% vs 2019lowest in 3 years
2021: €-29k▲ +6.6% vs 2020
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 €27k in 2021 against €27k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €180k
Fixed assets
€15k ▼ 73.3%
Current assets
€165k ▼ 0.1%
Key figures and ratios
EBITDA
€889▼
2020 · €11k
Cash flow
€-1k▼
2020 · €7k
Solvency
-43.0%▼
2020 · -21.9%
Current ratio
0.99▲
2020 · 0.92
Quick ratio
0.27▲
2020 · 0.19
Debt to equity
-1.18▲
2020 · -1.88
ROA
-15.9%▼
2020 · -13.8%
Debt
€258k▼
2020 · €271k
Debt ≤ 1 year
€166k▼
2020 · €180k
Debt > 1 year
€92k=
2020 · €92k
Income taxes
€504▼
2020 · €555
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 · 2021 against 2020 · 26 lines
Balance sheet
Code20202021
Assets
Total assets20/58€222k€180k▼
Fixed assets21/28€57k€15k▼
Intangible fixed assets21€38k€13k▼
Tangible fixed assets22/27€18k€791▼
Financial fixed assets28€1k€2k▲
Current assets29/58€165k€165k▼
Stocks and contracts in progress3€131k€120k▼
Amounts receivable within one year40/41€3k€3k▼
Cash at bank and in hand54/58€31k€42k▲
Equity and liabilities
Total equity and liabilities10/49€222k€180k▼
Equity10/15€-49k€-77k▼
Contributions10/11€19k-
Profit (loss) carried forward14€-67k€-96k▼
Amounts payable17/49€271k€258k▼
Amounts payable after more than one year17€92k€92k=
Amounts payable within one year42/48€180k€166k▼
Trade debts44€17k€9k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€28k▼
Gross operating margin9900€54k€16k▼
Operating profit (loss)9901€-27k€-27k▲
Recurring financial income75€144€3k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-30k€-28k▲
Income taxes67/77€555€504▼
Profit (loss) for the period9904€-31k€-29k▲
Profit (loss) for the period to be appropriated9905€-31k€-29k▲
Accounts by statement
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €38k | €28k | ▼ 27.1% |
| Gross operating margin9900 | €79k | €54k | €16k | ▼ 70.7% |
| Operating profit (loss)9901 | €-4k | €-27k | €-27k | ▲ 0.4% |
| Recurring financial income75 | €662 | €144 | €3k | ▲ 1,860% |
| Recurring financial charges65 | €5k | €3k | €4k | ▲ 24.1% |
| Profit (loss) for the period before taxes9903 | €-8k | €-30k | €-28k | ▲ 6.5% |
| Income taxes67/77 | €640 | €555 | €504 | ▼ 9.3% |
| Profit (loss) for the period9904 | €-9k | €-31k | €-29k | ▲ 6.6% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-31k | €-29k | ▲ 6.6% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €305k | €222k | €180k | ▼ 19.0% |
| Fixed assets21/28 | €93k | €57k | €15k | ▼ 73.3% |
| Intangible fixed assets21 | €64k | €38k | €13k | ▼ 66.7% |
| Tangible fixed assets22/27 | €28k | €18k | €791 | ▼ 95.6% |
| Financial fixed assets28 | €1k | €1k | €2k | ▲ 67.2% |
| Current assets29/58 | €212k | €165k | €165k | ▼ 0.1% |
| Stocks and contracts in progress3 | €152k | €131k | €120k | ▼ 8.8% |
| Amounts receivable within one year40/41 | €3k | €3k | €3k | ▼ 8.6% |
| Cash at bank and in hand54/58 | €57k | €31k | €42k | ▲ 38.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €305k | €222k | €180k | ▼ 19.0% |
| Equity10/15 | €-18k | €-49k | €-77k | ▼ 58.9% |
| Contributions10/11 | €19k | €19k | - | - |
| Profit (loss) carried forward14 | €-37k | €-67k | €-96k | ▼ 42.6% |
| Amounts payable17/49 | €323k | €271k | €258k | ▼ 5.0% |
| Amounts payable after more than one year17 | €121k | €92k | €92k | = |
| Amounts payable within one year42/48 | €202k | €180k | €166k | ▼ 7.5% |
| Trade debts44 | €25k | €17k | €9k | ▼ 48.3% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-31k | €-29k | ▲ 6.6% |
| + Depreciation and write-downs630 | €39k | €38k | €28k | ▼ 27.1% |
| Operating cash flow (approximation) | €30k | €7k | €-1k | ▼ 114% |
| Investment in fixed assets (approximation) | - | €-2k | €14k | ▲ 704% |
| Change in cash | - | €-26k | €12k | ▲ 145% |
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
2024
14-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 07-05-2024
2023
30-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 24-01-2023
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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 | CAROLINE DE LEPELEIRE KUNSTLAAN 24/9 A,
1000 BRUSSEL 1 |
24-01-2023 → 07-05-2024 |