COMPAGNIE DENS OCEAN
InactiveCOMPAGNIE DENS OCEAN was declared bankrupt on 07-12-2021 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed by liquidation by judgment of 16-05-2023, published in the Belgian State Gazette on 25-05-2023.
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 · 10 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 09-09-2021, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
52 d early
2020
50 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-172k
2020 · €75k
2019: €-91k
2020: €75k
2019 → 2021
Working capital
€-2.88M▼ 4.4%
2020 · €-2.76M
2019: €-2.86M
2020: €-2.76M
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-3.26M-€-3.19M▲ 2.3%€-3.36M▼ 5.4%
Operating result€-29k-€-30k▼ 2.4%€-50k▼ 65.5%
Net result€-91k-€75k€-172k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2021 against €30k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €159k
Fixed assets
€25k =
Current assets
€134k ▲ 0.1%
Key figures and ratios
Current ratio
0.04▼
2020 · 0.05
Debt to equity
-0.14▼
2020 · -0.14
ROA
-108.1%▼
2020 · 47.3%
Debt
€3.52M▲
2020 · €3.35M
Debt ≤ 1 year
€3.01M▲
2020 · €2.89M
Debt > 1 year
€484k▲
2020 · €435k
A ratio outside any meaningful range has been withheld (balance sheet total €159k, equity €-3.36M).
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 · 21 lines
Balance sheet
Code20202021
Assets
Total assets20/58€159k€159k▲
Fixed assets21/28€25k€25k=
Financial fixed assets28€25k€25k=
Current assets29/58€134k€134k▲
Amounts receivable within one year40/41€134k€134k=
Cash at bank and in hand54/58€81€182▲
Equity and liabilities
Total equity and liabilities10/49€159k€159k▲
Equity10/15€-3.19M€-3.36M▼
Contributions10/11€229k€229k=
Reserves13€51k€51k=
Profit (loss) carried forward14€-3.47M€-3.64M▼
Amounts payable17/49€3.35M€3.52M▲
Amounts payable after more than one year17€435k€484k▲
Amounts payable within one year42/48€2.89M€3.01M▲
Trade debts44€31k€31k▲
Income statement
Code20202021
Operating profit (loss)9901€-30k€-50k▼
Recurring financial income75€105k€250▼
Recurring financial charges65€249€122k▲
Profit (loss) for the period before taxes9903€75k€-172k▼
Profit (loss) for the period9904€75k€-172k▼
Profit (loss) for the period to be appropriated9905€75k€-172k▼
Timeline · acts, filings and financial milestones
2023
25-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Kortrijk · COMPAGNIE DENS OCEAN NV - IN VEREFFENING KWADESTRAAT 149/31, 8800 ROESELARE · event 16-05-2023
2021
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · COMPAGNIE DENS OCEAN NV KWADESTRAAT 149/31, 8800 ROESELARE · event 07-12-2021
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Weakest financial yearnet €-172k ▼329%
Net result drops to €-172k, the lowest in the series.
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Back to profitnet €75k
Net result €75k after one loss-making year.
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
09-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
17-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
17-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
10-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
21-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 | NICOLAAS VINCKIER HOOGLEEDSESTEENWEG 7,
8800 ROESELARE |
07-12-2021 → 16-05-2023 |