DEN BRIEL

Inactive

KBO/BCE: BE 0423.902.668

DEN BRIEL was declared bankrupt on 23-08-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 28-03-2023, published in the Belgian State Gazette on 05-04-2023.

Summary

Inactive; last annual accounts for fiscal year 2020.

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Signals

Three signals. The signal on the left, the evidence on the right.

○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

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 filings

Position against the passed deadline

31-12-2021 close31-07-2022 deadline24-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-06-2021, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

31 d early

2019

14 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2020, abbreviated schema

Equity

€-28k▲ 0.2%

2019 · €-29k

2018: €-31k 2019: €-29k

2018 → 2020

Total assets

€17k▼ 22.4%

2019 · €23k

2018: €27k 2019: €23k

2018 → 2020

Net result

€60▼ 97.9%

2019 · €3k

2018: €5k 2019: €3k

2018 → 2020

Working capital

€-37k▲ 2.3%

2019 · €-38k

2018: €-41k 2019: €-38k

2018 → 2020

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201820192020Trend

Equity€-31k-€-29k▲ 9.2%€-28k▲ 0.2%

Operating result€6k-€3k▼ 39.8%€216▼ 93.6%

Net result€5k-€3k▼ 46.9%€60▼ 97.9%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2020 is 94% below 2019 and is the lowest result in the available series.

Balance-sheet composition

2020 in colour, 2019 as the grey bar beneath

Assets €17k

47.9%

52.1%

Fixed assets €8k ▼ 8.7%

Current assets €9k ▼ 31.8%

Key figures and ratios

2020 value · change against 2019

EBITDA

€1k▼

2019 · €4k

Cash flow

€856▼

2019 · €4k

Solvency

-162.7%▼

2019 · -126.6%

Current ratio

0.20▼

2019 · 0.26

ROA

0.3%▼

2019 · 12.9%

Debt

€46k▼

2019 · €51k

Debt ≤ 1 year

€46k▼

2019 · €51k

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 · 2020 against 2019 · 23 lines

Balance sheet Code20192020

Assets

Total assets20/58€23k€17k▼

Fixed assets21/28€9k€8k▼

Tangible fixed assets22/27€9k€8k▼

Financial fixed assets28€362€362=

Current assets29/58€13k€9k▼

Cash at bank and in hand54/58€13k€9k▼

Equity and liabilities

Total equity and liabilities10/49€23k€17k▼

Equity10/15€-29k€-28k▲

Contributions10/11€19k-

Reserves13€12k€12k=

Profit (loss) carried forward14€-59k€-59k▲

Amounts payable17/49€51k€46k▼

Amounts payable within one year42/48€51k€46k▼

Trade debts44€168-

Income statement Code20192020

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€796€796=

Gross operating margin9900€6k€3k▼

Operating profit (loss)9901€3k€216▼

Recurring financial income75-€16

Recurring financial charges65€130€173▲

Profit (loss) for the period before taxes9903€3k€60▼

Income taxes67/77€338-

Profit (loss) for the period9904€3k€60▼

Profit (loss) for the period to be appropriated9905€3k€60▼

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Timeline · acts, filings and financial milestones

All 13Signals 2Financial 1Filings 10

2023

05-04

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Brussel · DEN BRIEL BV NAMENSTRAAT 33, 1930 ZAVENTEM · event 28-03-2023

2022

29-08

Bankruptcy Opening

Ondernemingsrechtbank Brussel · DEN BRIEL BV NAMEN- STRAAT 33, 1930 ZAVENTEM · event 23-08-2022

2021

30-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Weakest financial yearnet €60 ▼97.9%

Net result drops to €60, the lowest in the series.

17-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

07-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 7 days late

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

2017

14-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 14 days late

2016

30-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 30 days late

28-04

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 272 days late

2015

05-06

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 309 days late

2013

16-09

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema · 47 days late

2012

28-08

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema · 28 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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

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	Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM-	23-08-2022 → 28-03-2023