Devleeschouwer
InactiveDevleeschouwer was declared bankrupt on 18-07-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 01-02-2024, published in the Belgian State Gazette on 07-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-07-2023, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
3 d early
2021
54 d early
2020
46 d early
2019
88 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 48 days before 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 2022, micro schema
Equity
€25,709▼ 18.2%
2021 · €31,448
Total assets
€61,449▲ 0.1%
2021 · €61,403
Net result
-€5,739▼ 14.0%
2021 · -€5,036
Working capital
€24,676▼ 21.4%
2021 · €31,398
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
Line20182019202020212022
Operating result€1,055--€163€3,530-€3,576-€4,481▼ 25.3%
Net result-€1,026--€2,111▼ 106%€1,774-€5,036-€5,739▼ 14.0%
Equity€36,821-€34,709▼ 5.7%€36,483▲ 5.1%€31,448▼ 13.8%€25,709▼ 18.2%
Total assets€70,374-€71,012▲ 0.9%€64,377▼ 9.3%€61,403▼ 4.6%€61,449▲ 0.1%
Debt€33,554-€36,303▲ 8.2%€27,894▼ 23.2%€29,955▲ 7.4%€35,741▲ 19.3%
Working capital€36,853-€34,716▼ 5.8%€36,201▲ 4.3%€31,398▼ 13.3%€24,676▼ 21.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,481 in 2022 against €3,576 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €61,449
Fixed assets
€1,032 ▲ 1,965%
Current assets
€60,417 ▼ 1.5%
Equity and liabilities €61,449
Equity
€25,709 ▼ 18.2%
Debt
€35,741 ▲ 19.3%
Debt's share of the balance-sheet total rises from 48.8% to 58.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,436▼
2021 · €533
Cash flow
-€5,694▼
2021 · -€926
Current ratio
1.69▼
2021 · 2.05
Quick ratio
0.17▼
2021 · 0.19
Debt to equity
1.39▲
2021 · 0.95
ROE
-22.3%▼
2021 · -16.0%
ROA
-9.3%▼
2021 · -8.2%
Interest coverage
-5.29▼
2021 · 0.50
Debt ≤ 1 year
€35,741▲
2021 · €29,955
Income taxes
€420▲
2021 · €398
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,110 | €4,110 | €4,110 | €4,110 | €45 | ▼ 98.9% |
| Other operating charges640/8 | - | - | - | €795 | €807 | ▲ 1.5% |
| Gross operating margin9900 | €6,018 | €4,724 | €8,432 | €1,329 | -€3,629 | ▼ 373% |
| Operating profit (loss)9901 | €1,055 | -€163 | €3,530 | -€3,576 | -€4,481 | ▼ 25.3% |
| Financial charges65/66B | - | - | - | €1,061 | €838 | ▼ 21.0% |
| Recurring financial charges65 | €1,679 | €1,552 | €1,374 | €1,061 | €838 | ▼ 21.0% |
| Profit (loss) for the period before taxes9903 | -€624 | -€1,715 | €2,156 | -€4,637 | -€5,319 | ▼ 14.7% |
| Income taxes67/77 | €401 | €397 | €382 | €398 | €420 | ▲ 5.4% |
| Profit (loss) for the period9904 | -€1,026 | -€2,111 | €1,774 | -€5,036 | -€5,739 | ▼ 14.0% |
| Profit (loss) for the period to be appropriated9905 | -€1,026 | -€2,111 | €1,774 | -€5,036 | -€5,739 | ▼ 14.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €70,374 | €71,012 | €64,377 | €61,403 | €61,449 | ▲ 0.1% |
| Fixed assets21/28 | €12,380 | €8,270 | €4,160 | €50 | €1,032 | ▲ 1,965% |
| Tangible fixed assets22/27 | €12,330 | €8,220 | €4,110 | - | €982 | - |
| Furniture and vehicles24 | - | - | - | - | €982 | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €57,995 | €62,742 | €60,218 | €61,353 | €60,417 | ▼ 1.5% |
| Stocks and contracts in progress3 | €50,337 | €52,787 | €55,549 | €55,524 | €54,501 | ▼ 1.8% |
| Stocks30/36 | - | - | - | €55,524 | €54,501 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €5,465 | €5,830 | €3,401 | €2,049 | €2,657 | ▲ 29.7% |
| Other amounts receivable41 | - | - | - | €2,049 | €2,657 | ▲ 29.7% |
| Cash at bank and in hand54/58 | €1,490 | €3,409 | €545 | €3,251 | €2,712 | ▼ 16.6% |
| Deferred charges and accrued income490/1 | - | - | - | €529 | €547 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €70,374 | €71,012 | €64,377 | €61,403 | €61,449 | ▲ 0.1% |
| Equity10/15 | €36,821 | €34,709 | €36,483 | €31,448 | €25,709 | ▼ 18.2% |
| Contributions10/11 | €6,305 | €6,305 | - | €6,305 | €6,305 | = |
| Reserves13 | €45,642 | €45,642 | €45,642 | €45,642 | €45,642 | = |
| Non-distributable reserves130/1 | - | - | - | €1,870 | €1,870 | = |
| Reserves not available under the articles1311 | - | - | - | €1,870 | €1,870 | = |
| Distributable reserves133 | - | - | - | €43,772 | €43,772 | = |
| Profit (loss) carried forward14 | -€15,127 | -€17,238 | -€15,464 | -€20,500 | -€26,239 | ▼ 28.0% |
| Amounts payable17/49 | €33,554 | €36,303 | €27,894 | €29,955 | €35,741 | ▲ 19.3% |
| Amounts payable after more than one year17 | €12,412 | €8,276 | €3,878 | - | - | - |
| Amounts payable within one year42/48 | €21,142 | €28,027 | €24,016 | €29,955 | €35,741 | ▲ 19.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,380 | €419 | ▼ 90.4% |
| Financial debts43 | - | - | - | €3,675 | €4,378 | ▲ 19.1% |
| Credit institutions430/8 | - | - | - | €3,675 | €4,378 | ▲ 19.1% |
| Trade debts44 | €11,145 | €16,686 | €14,898 | €20,231 | €30,902 | ▲ 52.7% |
| Suppliers440/4 | - | - | - | €20,231 | €30,902 | ▲ 52.7% |
| Taxes, remuneration and social security45 | - | - | - | €1,669 | €43 | ▼ 97.4% |
| Taxes450/3 | - | - | - | €1,669 | €43 | ▼ 97.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,026 | -€2,111 | €1,774 | -€5,036 | -€5,739 | ▼ 14.0% |
| + Depreciation and write-downs630 | €4,110 | €4,110 | €4,110 | €4,110 | €45 | ▼ 98.9% |
| Operating cash flow (approximation) | €3,084 | €1,999 | €5,884 | -€926 | -€5,694 | ▼ 515% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,027 | - |
| Change in cash | - | €1,918 | -€2,864 | €2,706 | -€539 | ▼ 120% |
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
07-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · event 01-02-2024
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
25-07
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 18-07-2023
2022
31-12
Financial
Weakest financial yearnet -€5,739
Net result drops to -€5,739, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1,774
Net result €1,774 after 2 loss-making years.
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
05-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARTIN DION BONDGENOTENLAAN 167,
3000 LEUVEN |
18-07-2023 → 01-02-2024 |