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CINICK

Inactive
KBO/BCE: BE 0509.970.669

CINICK was declared bankrupt on 25-09-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 02-04-2024, published in the Belgian State Gazette on 08-04-2024.

Summary

Inactive; last annual accounts for fiscal year 2018.

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CINICKInactive
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Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
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 · 6 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 23-08-2019, 23 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 · 6 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

CINICK has filed 6 sets of annual accounts, the latest for fiscal year 2018.1 On 25 September 2023 the company was declared bankrupt; the bankruptcy was closed on 2 April 2024.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 29-09-2023
  3. 3Belgian State Gazette, 08-04-2024

Financials · fiscal year 2018, micro schema

Equity
-€7,603
Total assets
€23,244
Net result
-€8,672
Working capital
-€30,103

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

Balance-sheet composition
Assets €23,244
Fixed assets €22,500
Current assets €744
Key figures and ratios
2018 value
EBITDA
-€6,093
Cash flow
-€6,172
Solvency
-32.7%
Current ratio
0.02
ROA
-37.3%
Debt
€30,847
Debt ≤ 1 year
€30,847
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 19 lines
Balance sheet Code2018
Assets
Total assets20/58€23,244
Fixed assets21/28€22,500
Tangible fixed assets22/27€22,500
Current assets29/58€744
Amounts receivable within one year40/41€576
Cash at bank and in hand54/58€168
Equity and liabilities
Total equity and liabilities10/49€23,244
Equity10/15-€7,603
Contributions10/11€40,000
Profit (loss) carried forward14-€47,603
Amounts payable17/49€30,847
Amounts payable within one year42/48€30,847
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,500
Gross operating margin9900-€4,844
Operating profit (loss)9901-€8,593
Recurring financial charges65€79
Profit (loss) for the period before taxes9903-€8,672
Profit (loss) for the period9904-€8,672
Profit (loss) for the period to be appropriated9905-€8,672
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,500
Gross operating margin9900-€4,844
Operating profit (loss)9901-€8,593
Recurring financial charges65€79
Profit (loss) for the period before taxes9903-€8,672
Profit (loss) for the period9904-€8,672
Profit (loss) for the period to be appropriated9905-€8,672
Line2018
Assets
Total assets20/58€23,244
Fixed assets21/28€22,500
Tangible fixed assets22/27€22,500
Current assets29/58€744
Amounts receivable within one year40/41€576
Cash at bank and in hand54/58€168
Equity and liabilities
Total equity and liabilities10/49€23,244
Equity10/15-€7,603
Contributions10/11€40,000
Profit (loss) carried forward14-€47,603
Amounts payable17/49€30,847
Amounts payable within one year42/48€30,847
Line2018
Profit (loss) for the period9904-€8,672
+ Depreciation and write-downs630€2,500
Operating cash flow (approximation)-€6,172

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
08-04
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 02-04-2024
2023
29-09
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 25-09-2023
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
01-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
14-05
NBB filing Annual accounts filed
fiscal year 2013 · full schema
SignalNBB filing
0 of 6 acts read
About the unread acts

We know of 6 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
6 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 MARINA FABBRICOTTI
RUE DES SOEURS GRISES 13, 4500 HUY
 25-09-2023 → 02-04-2024

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