CNT WERKEN
InactiveCNT WERKEN was declared bankrupt on 20-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 17-09-2024, published in the Belgian State Gazette on 26-09-2024.
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 31-12-2022, 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 · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-08-2022, 25 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
25 d late
2020
319 d late
2019
683 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 342 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
-€13,626▼ 425%
2020 · -€2,595
Total assets
€16,047▲ 24.8%
2020 · €12,860
Net result
-€11,031▼ 107%
2020 · -€5,336
Working capital
-€14,626▼ 307%
2020 · -€3,595
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€24,761-€11,521-€5,311-€10,942▼ 106%
Net result-€25,008-€10,988-€5,336-€11,031▼ 107%
Equity-€8,247-€2,741-€2,595-€13,626▼ 425%
Total assets€18,185-€21,457▲ 18.0%€12,860▼ 40.1%€16,047▲ 24.8%
Debt€26,432-€18,717▼ 29.2%€15,455▼ 17.4%€29,673▲ 92.0%
Working capital-€7,203-€1,372-€3,595-€14,626▼ 307%
Staff (FTE)0.8-
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 €10,942 in 2021 against €5,311 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €16,047
Fixed assets
€1,000 =
Current assets
€15,047 ▲ 26.9%
Key figures and ratios
Solvency
-84.9%▼
2020 · -20.2%
Current ratio
0.51▼
2020 · 0.77
Debt to equity
-2.18▲
2020 · -5.96
ROA
-68.7%▼
2020 · -41.5%
Debt ≤ 1 year
€29,673▲
2020 · €15,455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,810 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,670 | €2,004 | - | - | - |
| Other operating charges640/8 | - | €1,368 | €2,250 | €10,000 | ▲ 344% |
| Gross operating margin9900 | €6,347 | €14,894 | -€3,061 | -€942 | ▲ 69.2% |
| Operating profit (loss)9901 | -€24,761 | €11,521 | -€5,311 | -€10,942 | ▼ 106% |
| Financial income75/76B | - | €1 | €187 | €146 | ▼ 22.1% |
| Recurring financial income75 | €161 | €1 | €187 | €146 | ▼ 22.1% |
| Financial charges65/66B | - | €534 | €212 | €235 | ▲ 10.5% |
| Recurring financial charges65 | €409 | €534 | €212 | €235 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | -€25,008 | €10,988 | -€5,336 | -€11,031 | ▼ 107% |
| Profit (loss) for the period9904 | -€25,008 | €10,988 | -€5,336 | -€11,031 | ▼ 107% |
| Profit (loss) for the period to be appropriated9905 | -€25,008 | €10,988 | -€5,336 | -€11,031 | ▼ 107% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €18,185 | €21,457 | €12,860 | €16,047 | ▲ 24.8% |
| Fixed assets21/28 | €3,373 | €1,369 | €1,000 | €1,000 | = |
| Tangible fixed assets22/27 | €2,373 | €369 | - | - | - |
| Furniture and vehicles24 | - | €369 | - | - | - |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €14,812 | €20,089 | €11,860 | €15,047 | ▲ 26.9% |
| Amounts receivable within one year40/41 | €13,780 | €18,759 | €11,598 | €11,886 | ▲ 2.5% |
| Trade receivables40 | - | €18,759 | €9,420 | €9,420 | = |
| Other amounts receivable41 | - | - | €2,178 | €2,466 | ▲ 13.2% |
| Cash at bank and in hand54/58 | €735 | €1,330 | €262 | €3,161 | ▲ 1,105% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €18,185 | €21,457 | €12,860 | €16,047 | ▲ 24.8% |
| Equity10/15 | -€8,247 | €2,741 | -€2,595 | -€13,626 | ▼ 425% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - |
| Reserves13 | €10,561 | €10,561 | €10,561 | €10,561 | = |
| Non-distributable reserves130/1 | - | €528 | €528 | €528 | = |
| Legal reserve130 | - | €528 | - | - | - |
| Reserves not available under the articles1311 | - | - | €528 | €528 | = |
| Distributable reserves133 | - | €10,033 | €10,033 | €10,033 | = |
| Profit (loss) carried forward14 | -€25,008 | -€14,021 | -€19,357 | -€30,387 | ▼ 57.0% |
| Amounts payable17/49 | €26,432 | €18,717 | €15,455 | €29,673 | ▲ 92.0% |
| Amounts payable after more than one year17 | €2,195 | - | - | - | - |
| Amounts payable within one year42/48 | €22,015 | €18,717 | €15,455 | €29,673 | ▲ 92.0% |
| Current portion of amounts payable after more than one year42 | - | €2,418 | - | - | - |
| Trade debts44 | €11,058 | €2,994 | €3,903 | €4,061 | ▲ 4.0% |
| Suppliers440/4 | - | €2,994 | €3,903 | €4,061 | ▲ 4.0% |
| Taxes, remuneration and social security45 | - | €7,481 | €11,552 | €21,611 | ▲ 87.1% |
| Taxes450/3 | - | €7,481 | €11,552 | €21,611 | ▲ 87.1% |
| Other amounts payable47/48 | - | €5,824 | - | €4,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,008 | €10,988 | -€5,336 | -€11,031 | ▼ 107% |
| + Depreciation and write-downs630 | €2,670 | €2,004 | - | - | - |
| Operating cash flow (approximation) | -€22,338 | €12,992 | -€5,336 | -€11,031 | ▼ 107% |
| Investment in fixed assets (approximation) | - | €0 | €369 | €0 | ▼ 100% |
| Change in cash | - | €595 | -€1,067 | €2,899 | ▲ 372% |
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
26-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-09-2024
2022
26-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-10-2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 319 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 683 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 505 days late
2019
31-12
Financial
Back to profitnet €10,988
Net result €10,988 after one loss-making year.
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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 | YVES DESUTTER EIKENSTRAAT 80, 2840 RUMST- |
20-10-2022 → 17-09-2024 |