DE KASTELEIN
InactiveDE KASTELEIN was declared bankrupt on 01-07-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 16-12-2024, published in the Belgian State Gazette on 31-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 09-02-2022, 193 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
193 d late
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 79 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 2020, micro schema
Equity
-€107,095▼ 42.3%
2019 · -€75,268
Total assets
€424,159▲ 13.5%
2019 · €373,739
Net result
-€31,827
2019 · €14,296
Working capital
-€75,216▲ 22.6%
2019 · -€97,206
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€103,032-€29,040▼ 71.8%-€28,510
Net result€86,973-€14,296▼ 83.6%-€31,827
Equity-€89,564--€75,268▲ 16.0%-€107,095▼ 42.3%
Total assets€403,424-€373,739▼ 7.4%€424,159▲ 13.5%
Debt€492,988-€449,008▼ 8.9%€531,254▲ 18.3%
Working capital-€140,556--€97,206▲ 30.8%-€75,216▲ 22.6%
Staff (FTE)5.7-5.1▼ 10.5%3.1▼ 39.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €28,510 after €29,040 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €424,159
Fixed assets
€333,877 =
Current assets
€90,281 ▲ 126%
Key figures and ratios
Solvency
-25.2%▼
2019 · -20.1%
Current ratio
0.55▲
2019 · 0.29
Quick ratio
0.49▲
2019 · 0.23
Debt to equity
-3.38▲
2019 · -4.09
ROA
-7.5%▼
2019 · 3.8%
Debt ≤ 1 year
€165,497▲
2019 · €137,068
Debt > 1 year
€362,013▲
2019 · €308,196
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,175 | €13,383 | - | - |
| Gross operating margin9900 | €283,279 | €116,012 | €17,453 | ▼ 85.0% |
| Operating profit (loss)9901 | €103,032 | €29,040 | -€28,510 | ▼ 198% |
| Recurring financial income75 | €31 | €91 | €280 | ▲ 208% |
| Recurring financial charges65 | €14,313 | €13,286 | €3,598 | ▼ 72.9% |
| Profit (loss) for the period before taxes9903 | €88,750 | €15,845 | -€31,827 | ▼ 301% |
| Income taxes67/77 | €1,777 | €1,549 | - | - |
| Profit (loss) for the period9904 | €86,973 | €14,296 | -€31,827 | ▼ 323% |
| Profit (loss) for the period to be appropriated9905 | €86,973 | €14,296 | -€31,827 | ▼ 323% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €403,424 | €373,739 | €424,159 | ▲ 13.5% |
| Fixed assets21/28 | €346,388 | €333,877 | €333,877 | = |
| Tangible fixed assets22/27 | €346,388 | €333,877 | €333,877 | = |
| Current assets29/58 | €57,036 | €39,862 | €90,281 | ▲ 126% |
| Stocks and contracts in progress3 | €9,000 | €9,000 | €9,000 | = |
| Amounts receivable within one year40/41 | - | €368 | €368 | = |
| Cash at bank and in hand54/58 | €37,613 | €30,495 | €45,146 | ▲ 48.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €403,424 | €373,739 | €424,159 | ▲ 13.5% |
| Equity10/15 | -€89,564 | -€75,268 | -€107,095 | ▼ 42.3% |
| Contributions10/11 | €20,000 | €20,000 | - | - |
| Reserves13 | €11,691 | €11,691 | €11,691 | = |
| Profit (loss) carried forward14 | -€121,256 | -€106,959 | -€138,786 | ▼ 29.8% |
| Amounts payable17/49 | €492,988 | €449,008 | €531,254 | ▲ 18.3% |
| Amounts payable after more than one year17 | €295,397 | €308,196 | €362,013 | ▲ 17.5% |
| Amounts payable within one year42/48 | €197,591 | €137,068 | €165,497 | ▲ 20.7% |
| Trade debts44 | €40,233 | €88,517 | €114,173 | ▲ 29.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,973 | €14,296 | -€31,827 | ▼ 323% |
| + Depreciation and write-downs630 | €55,175 | €13,383 | - | - |
| Operating cash flow (approximation) | €142,148 | €27,680 | -€31,827 | ▼ 215% |
| Investment in fixed assets (approximation) | - | -€872 | €0 | ▲ 100% |
| Change in cash | - | -€7,118 | €14,651 | ▲ 306% |
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
31-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 16-12-2024
2022
06-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 01-07-2022
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 193 days late
2021
18-03
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 15-03-2021
05-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 01-03-2021
2020
31-12
Financial
Weakest financial yearnet -€31,827
Net result drops to -€31,827, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 91 days late
Show earlier events
30-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 183 days late
2013
03-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
09-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | VINCENT VERLAECKT HOUTEN SCHOEN 54,
9100 SINT-NIKLAAS |
01-07-2022 → 16-12-2024 |
| Curator | ADRIAAN DAUWE GROTE MARKT 19, 9200 DENDER-
MONDE |
01-03-2021 → 15-03-2021 |