COMPED
InactiveCOMPED was declared bankrupt on 24-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 15-04-2025, published in the Belgian Official Gazette on 23-04-2025.
Summary
Inactive; last annual accounts for financial year 2021.
Overview
Activity
Activity not known
Size
€8,246total assets 2021
- Equity
- €5,410
- Profit
- €974
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
1 deed in the Belgian Official Gazette
Signalsraises riskTwo or more financial years not filed2021 accounts filed 31 days lateneutralPrior bankruptcyShow the evidence
Signals
Three signals.
raises riskneutral
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 · 10 filingsPosition against the passed deadline
31-12-2022 year end31-07-2023 deadline25-10-2026 today
raises risk · 2021 accounts filed 31 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2022
not filed
2021
31 days late
2019
122 days late
2018
148 days late
2017
140 days late
2015
151 days late
2014
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 104 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (insufficient assets)Enterprise Court of Antwerp, Tongeren…
- OpeningEnterprise Court of Antwerp, Tongeren…
- Annual accounts filedfinancial year 2021 · micro…
Financials · financial year 2021, micro format
2021 annual accounts filed late (31 days) Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20412683.
Equity
€5,410
2019 · -€366
Total assets
€8,246▼ 17.9%
2019 · €10,042
Net result
€974▲ 231%
2019 · €294
Working capital
€4,037
2019 · -€541
Trend over the years
2018 to 2021, 3 financial years 2018 to 2021, 3 financial years
The operating result is -€83 in 2021, compared with €341 in 2019. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€83
2021
Net result€974
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€8,246
2021
Equity€5,410
2021
Debt€2,836
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4,037
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192021
Operating result-€5,097-€341-€83-
Net result-€5,184-€294€974-
Equity-€5,060--€366▲ 92.8%€5,410-
Total assets€9,685-€10,042▲ 3.7%€8,246-
Debt€14,745-€10,408▼ 29.4%€2,836-
Working capital-€5,235--€541▲ 89.7%€4,037-
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €8,246
Fixed assets
€1,373 ▲ 685%
Current assets
€6,873 ▼ 30.3%
Equity and liabilities €8,246
Equity
€5,410
Debt
€2,836
Debt finances 34.4% of the balance-sheet total.
Key figures and ratios
EBITDA
-€51
Cash flow
€1,006
Current ratio
2.42▲
2019 · 0.95
Quick ratio
2.04▲
2019 · 0.74
Debt to equity
0.52
ROE
18.0%
ROA
11.8%▲
2019 · 2.9%
Interest coverage
-0.76
Debt ≤ 1 year
€2,836▼
2019 · €10,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €32 | - |
| Other operating charges640/8 | - | - | €1,485 | - |
| Gross operating margin9900 | -€3,704 | €1,057 | €1,434 | - |
| Operating profit (loss)9901 | -€5,097 | €341 | -€83 | - |
| Financial income75/76B | - | - | €1,124 | - |
| Recurring financial income75 | - | - | €1,124 | - |
| Non-recurring financial income76B | - | - | €1,124 | - |
| Financial charges65/66B | - | - | €67 | - |
| Recurring financial charges65 | €87 | €47 | €67 | - |
| Profit (loss) for the period before taxes9903 | -€5,184 | €294 | €974 | - |
| Profit (loss) for the period9904 | -€5,184 | €294 | €974 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,184 | €294 | €974 | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €9,685 | €10,042 | €8,246 | - |
| Fixed assets21/28 | €175 | €175 | €1,373 | - |
| Tangible fixed assets22/27 | - | - | €1,198 | - |
| Other tangible fixed assets26 | - | - | €1,198 | - |
| Financial fixed assets28 | €175 | €175 | €175 | - |
| Current assets29/58 | €9,510 | €9,867 | €6,873 | - |
| Stocks and contracts in progress3 | €2,320 | €2,160 | €1,099 | - |
| Stocks30/36 | - | - | €1,099 | - |
| Amounts receivable within one year40/41 | €6,837 | €6,262 | €1,499 | - |
| Trade receivables40 | - | - | €1,499 | - |
| Cash at bank and in hand54/58 | €353 | €1,445 | €3,629 | - |
| Deferred charges and accrued income490/1 | - | - | €646 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €9,685 | €10,042 | €8,246 | - |
| Equity10/15 | -€5,060 | -€366 | €5,410 | - |
| Contributions10/11 | €14,200 | €18,600 | €18,600 | - |
| Reserves13 | €18 | €18 | €18 | - |
| Non-distributable reserves130/1 | - | - | €18 | - |
| Reserves not available under the articles1311 | - | - | €18 | - |
| Profit (loss) carried forward14 | -€19,278 | -€18,984 | -€13,208 | - |
| Amounts payable17/49 | €14,745 | €10,408 | €2,836 | - |
| Amounts payable within one year42/48 | €14,745 | €10,408 | €2,836 | - |
| Trade debts44 | €1,845 | €2,198 | €405 | - |
| Suppliers440/4 | - | - | €405 | - |
| Taxes, remuneration and social security45 | - | - | €2,347 | - |
| Taxes450/3 | - | - | €2,347 | - |
| Other amounts payable47/48 | - | - | €84 | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,184 | €294 | €974 | - |
| + Depreciation and write-downs630 | - | - | €32 | - |
| Operating cash flow (approximation) | -€5,184 | €294 | €1,006 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €1,092 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 31-08-2022 | 2022-20412683 |
| 31-12-2019 | micro format | 30-11-2020 | 2020-72900567 |
| 31-12-2018 | micro format | 26-12-2019 | 2019-77500122 |
| 31-12-2017 | micro format | 18-12-2018 | 2018-74600142 |
| 31-12-2015 | abbreviated format | 29-12-2016 | 2016-71800213 |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-50100525 |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-52300063 |
| 31-12-2012 | abbreviated format | 30-09-2013 | 2013-60500138 |
| 31-12-2011 | abbreviated format | 28-09-2012 | 2012-58100596 |
| 31-12-2010 | abbreviated format | 29-09-2011 | 2011-55700069 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Kathleen Velkeneers Kasteelstraat 23B, 3840 Borgloon |
24-10-2023 → 15-04-2025 |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
23-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Enterprise Court of Antwerp, Tongeren division · judgment of 15-04-2025
2023
30-10
Bankruptcy
Opening
Enterprise Court of Antwerp, Tongeren division · judgment of 24-10-2023
2022
31-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
31-12
Financial
Highest result from 2018 to 2021net €974 ▲231%
Net result €974, the highest in the series.
31-12
Financial
Liquidity more than doubledcurrent ratio 2.42
Current ratio from 0.95 to 2.42; short-term debt falls from €10,408 to €2,836.
2020
30-11
NBB filing
Annual accounts filed
financial year 2019 · micro format · 122 days late
2019
31-12
Financial
Back to profitnet €294
Net result €294 after one loss-making year.
26-12
NBB filing
Annual accounts filed
financial year 2018 · micro format · 148 days late
2018
18-12
NBB filing
Annual accounts filed
financial year 2017 · micro format · 140 days late
2016
29-12
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 151 days late
2015
31-08
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format · 31 days late
2014
29-08
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format · 29 days late
Show earlier events
2013
30-09
NBB filing
Annual accounts filed
financial year 2012 · abbreviated format · 61 days late
2012
28-09
NBB filing
Annual accounts filed
financial year 2011 · abbreviated format · 59 days late
2011
29-09
NBB filing
Annual accounts filed
financial year 2010 · abbreviated format · 60 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 1 deed read
About the unread acts
We know of 1 Belgian Official Gazette act for this company. It has not 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.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.