DESMO
InactiveDESMO was declared bankrupt on 20-09-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 20-02-2024, published in the Belgian State Gazette on 26-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2016.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 11-07-2017, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
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 2016, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
2013 · €0
Total assets
€146,612▲ 179%
2014 · €52,601
Net result
€3,490
2014 · -€30,450
Working capital
-€77,423▼ 78.9%
2014 · -€43,280
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2012201320142016
Turnover€0€0
Operating result-€24,562-€30,262▼ 23.2%€3,662-
Net result-€24,930-€30,450▼ 22.1%€3,490-
Equity€12,563-€42,818-€36,073-
Total assets€12,801-€15,095▲ 17.9%€52,601▲ 248%€146,612-
Debt€239-€27,462▲ 11,391%€95,418▲ 247%€182,685-
Working capital-€12,367-€43,280▼ 250%-€77,423-
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 is €3,662 in 2016, compared with -€30,262 in 2014. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2016 in colour, 2014 as the grey bar beneath
Assets €146,612
Fixed assets
€41,350 ▲ 8,847%
Current assets
€105,262 ▲ 102%
Key figures and ratios
EBITDA
€19,646▲
2014 · -€30,146
Cash flow
€19,474▲
2014 · -€30,335
Solvency
-24.6%▲
2014 · -81.4%
Current ratio
0.58▲
2014 · 0.55
ROA
2.4%▲
2014 · -57.9%
Debt ≤ 1 year
€182,685▲
2014 · €95,418
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2016 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €0 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0 | €116 | €15,984 | - |
| Gross operating margin9900 | - | -€22,292 | -€29,162 | €22,698 | - |
| Operating profit (loss)9901 | - | -€24,562 | -€30,262 | €3,662 | - |
| Recurring financial income75 | - | €0 | €0 | - | - |
| Recurring financial charges65 | - | €368 | €368 | €172 | - |
| Profit (loss) for the period before taxes9903 | - | -€24,930 | -€30,450 | €3,490 | - |
| Income taxes67/77 | €239 | €239 | €0 | - | - |
| Profit (loss) for the period9904 | - | -€24,930 | -€30,450 | €3,490 | - |
| Profit (loss) for the period to be appropriated9905 | - | -€24,930 | -€30,450 | €3,490 | - |
| Line | 2012 | 2013 | 2014 | 2016 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,801 | €15,095 | €52,601 | €146,612 | - |
| Formation expenses20 | - | €0 | €0 | - | - |
| Fixed assets21/28 | - | €0 | €462 | €41,350 | - |
| Intangible fixed assets21 | - | €0 | €0 | - | - |
| Tangible fixed assets22/27 | - | €0 | €462 | €41,350 | - |
| Financial fixed assets28 | - | €0 | €0 | - | - |
| Current assets29/58 | - | €15,095 | €52,139 | €105,262 | - |
| Stocks and contracts in progress3 | - | €0 | €0 | - | - |
| Amounts receivable within one year40/41 | €12,801 | €14,069 | €14,069 | €45,498 | - |
| Trade receivables40 | €826 | - | - | - | - |
| Other amounts receivable41 | €11,975 | - | - | - | - |
| Current investments50/53 | - | €0 | €0 | - | - |
| Cash at bank and in hand54/58 | - | €1,026 | €2,160 | €15,585 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,801 | €15,095 | €52,601 | €146,612 | - |
| Equity10/15 | - | €12,563 | -€42,818 | -€36,073 | - |
| Contributions10/11 | €12,394 | €12,394 | €12,394 | €12,394 | - |
| Capital10 | €12,394 | - | - | - | - |
| Issued capital100 | €18,592 | - | - | - | - |
| Uncalled capital101 | €6,198 | - | - | - | - |
| Reserves13 | €122 | €122 | €122 | €122 | - |
| Legal reserve130 | €122 | - | - | - | - |
| Profit (loss) carried forward14 | €46 | -€24,884 | -€55,334 | -€48,590 | - |
| Provisions and deferred taxes16 | - | €0 | - | - | - |
| Amounts payable17/49 | - | €27,462 | €95,418 | €182,685 | - |
| Amounts payable after more than one year17 | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €239 | €27,462 | €95,418 | €182,685 | - |
| Trade debts44 | - | €3,363 | €6,362 | €26,862 | - |
| Taxes, remuneration and social security45 | €239 | - | - | - | - |
| Taxes450/3 | €239 | - | - | - | - |
| Line | 2012 | 2013 | 2014 | 2016 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | -€24,930 | -€30,450 | €3,490 | - |
| + Depreciation and write-downs630 | - | €0 | €116 | €15,984 | - |
| Operating cash flow (approximation) | - | -€24,930 | -€30,335 | €19,474 | - |
| Investment in fixed assets (approximation) | - | - | -€578 | - | - |
| Change in cash | - | - | €1,134 | - | - |
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
26-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 20-02-2024
2022
26-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 20-09-2022
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial
Back to profitnet €3,490
Net result €3,490 after 2 loss-making years.
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 139 days late
2014
31-12
Financial
Weakest financial yearnet -€30,450
Net result drops to -€30,450, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 202 days late
2012
16-05
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 290 days late
13-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
09-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 9 days late
2009
03-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
23-03
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 235 days late
2007
25-07
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
20-09-2022 → 20-02-2024 |