DANIEL ABRASSART
InactiveDANIEL ABRASSART was declared bankrupt on 21-11-2022 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 28-11-2024, published in the Belgian State Gazette on 04-12-2024.
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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 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 13-09-2022, 44 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
44 d late
2020
122 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€114k▼ 12.8%
2020 · €131k
2018: €243k
2019: €157k
2020: €131k
2018 → 2021
EBIT margin
18.3%▲ 0.2pp
2020 · 18.1%
2018: 0.4%
2019: 3.4%
2020: 18.1%
2018 → 2021
Net result
€16k▲ 1,026%
2020 · €1k
2018: €5k
2019: €85
2020: €1k
2018 → 2021
Working capital
€23k▲ 98.3%
2020 · €11k
2018: €30k
2019: €22k
2020: €11k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€243k-€157k▼ 35.1%€131k▼ 17.1%€114k▼ 12.8%
Equity€17k-€17k▼ 1.3%€19k▲ 8.4%€35k▲ 86.8%
Operating result€1k-€5k▲ 404%€24k▲ 346%€21k▼ 11.6%
Net result€5k-€85▼ 98.4%€1k▲ 1,583%€16k▲ 1,026%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 12% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €106k
Fixed assets
€12k ▼ 14.2%
Current assets
€93k ▲ 26.9%
Equity and liabilities €106k
Equity
€35k ▲ 86.8%
Debt
€71k ▲ 2.3%
Debt's share of the balance-sheet total falls from 78.8% to 67.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2020 · €28k
Cash flow
€18k▲
2020 · €6k
Current ratio
1.32▲
2020 · 1.18
Quick ratio
1.30▲
2020 · 1.12
Debt to equity
2.03▲
2020 · 0.23
ROE
46.5%▲
2020 · 7.7%
ROA
15.3%▲
2020 · 1.6%
Interest coverage
4.75
Debt ≤ 1 year
€71k▲
2020 · €62k
Debt > 1 year
€0▼
2020 · €4k
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 · 50 lines
Balance sheet
Code20202021
Assets
Total assets20/58€88k€106k▲
Fixed assets21/28€14k€12k▼
Intangible fixed assets21€8k€6k▼
Tangible fixed assets22/27€5k€5k▼
Furniture and vehicles24-€5k
Financial fixed assets28€2k€2k=
Current assets29/58€74k€93k▲
Stocks and contracts in progress3€4k€1k▼
Stocks30/36-€1k
Amounts receivable within one year40/41€70k€86k▲
Trade receivables40-€86k
Other amounts receivable41-€504
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€88k€106k▲
Equity10/15€19k€35k▲
Contributions10/11€59k€59k=
Capital10-€59k
Issued capital100-€59k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€-43k€-26k▲
Amounts payable17/49€69k€71k▲
Amounts payable after more than one year17€4k€0▼
Financial debts170/4-€0
Amounts payable within one year42/48€62k€71k▲
Current portion of amounts payable after more than one year42-€5k
Financial debts43-€23k
Credit institutions430/8-€23k
Trade debts44€10k€33k▲
Suppliers440/4-€33k
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48-€1k
Income statement
Code20202021
Turnover70€131k€114k▼
Goods, raw materials, services and sundry goods60/61-€86k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8-€348
Non-recurring operating charges66A-€3k
Gross operating margin9900€28k€28k=
Operating profit (loss)9901€24k€21k▼
Financial charges65/66B-€5k
Recurring financial charges65€20k€5k▼
Profit (loss) for the period before taxes9903€3k€16k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€1k€16k▲
Profit (loss) for the period to be appropriated9905€1k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-26k
Profit (loss) brought forward from the previous period14P-€-43k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
04-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · DANIEL ABRASSART SA SQUARE DROUET D’ERLON 31, 1420 BRAINE-L’ALLEUD. déclarée le 21 novembre 2022 · event 28-11-2024
2022
25-11
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · DANIEL ABRASSART SA SQUARE DROUET D’ERLON 31, 1420 BRAINE-L’ALLEUD · event 21-11-2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 44 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲1026%
Net result €16k, the highest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 122 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
2019
31-12
Financial
Weakest financial yearnet €85 ▼98.4%
Net result drops to €85, the lowest in the series.
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 121 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 days late
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
19-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 50 days late
2013
18-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 79 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
21-11-2022 → 28-11-2024 |