DP GERAARDSBERGEN
InactiveDP GERAARDSBERGEN was declared bankrupt on 11-05-2023 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed for insufficient assets by judgment of 26-06-2025, published in the Belgian State Gazette on 09-07-2025.
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 · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 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 14-10-2022, 75 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
75 d late
2020
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 34 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 2021, abbreviated schema
Equity
€14,007▼ 77.4%
2020 · €62,057
Total assets
€102,884▼ 9.4%
2020 · €113,500
Net result
-€48,049
2020 · €37,057
Working capital
€7,397▼ 84.3%
2020 · €47,136
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
Line20202021
Operating result€46,622--€37,044
Net result€37,057--€48,049
Equity€62,057-€14,007▼ 77.4%
Total assets€113,500-€102,884▼ 9.4%
Debt€51,443-€88,877▲ 72.8%
Working capital€47,136-€7,397▼ 84.3%
Staff (FTE)5.8-7.2▲ 24.1%
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 turns negative in 2021: a loss of €37,044 after €46,622 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €102,884
Fixed assets
€13,921 ▼ 6.7%
Current assets
€88,964 ▼ 9.8%
Equity and liabilities €102,884
Equity
€14,007 ▼ 77.4%
Debt
€88,877 ▲ 72.8%
Debt's share of the balance-sheet total rises from 45.3% to 86.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€36,044▼
2020 · €47,701
Cash flow
-€47,049▼
2020 · €38,136
Current ratio
1.09▼
2020 · 1.92
Quick ratio
1.04▼
2020 · 1.86
Debt to equity
6.34
ROE
-343.0%▼
2020 · 59.7%
ROA
-46.7%▼
2020 · 32.6%
Interest coverage
-3.27
Debt ≤ 1 year
€81,567▲
2020 · €51,443
Income taxes
€0▼
2020 · €6,140
Staff costs
€209,666
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - |
| Remuneration, social security and pensions62 | - | €209,666 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,079 | €1,000 | ▼ 7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €6,145 | - |
| Other operating charges640/8 | - | €1,774 | - |
| Gross operating margin9900 | €226,481 | €181,541 | ▼ 19.8% |
| Operating profit (loss)9901 | €46,622 | -€37,044 | ▼ 179% |
| Financial income75/76B | - | €12 | - |
| Recurring financial income75 | €203 | €12 | ▼ 93.9% |
| Financial charges65/66B | - | €11,018 | - |
| Recurring financial charges65 | €3,628 | €11,018 | ▲ 204% |
| Profit (loss) for the period before taxes9903 | €43,197 | -€48,049 | ▼ 211% |
| Income taxes67/77 | €6,140 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €37,057 | -€48,049 | ▼ 230% |
| Profit (loss) for the period to be appropriated9905 | €37,057 | -€48,049 | ▼ 230% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €113,500 | €102,884 | ▼ 9.4% |
| Fixed assets21/28 | €14,921 | €13,921 | ▼ 6.7% |
| Intangible fixed assets21 | €8,921 | €7,921 | ▼ 11.2% |
| Financial fixed assets28 | €6,000 | €6,000 | = |
| Current assets29/58 | €98,579 | €88,964 | ▼ 9.8% |
| Stocks and contracts in progress3 | €3,000 | €3,778 | ▲ 25.9% |
| Stocks30/36 | - | €3,778 | - |
| Amounts receivable within one year40/41 | €2,930 | €50,648 | ▲ 1,629% |
| Trade receivables40 | - | €0 | - |
| Other amounts receivable41 | - | €50,648 | - |
| Cash at bank and in hand54/58 | €92,649 | €31,629 | ▼ 65.9% |
| Deferred charges and accrued income490/1 | - | €2,909 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €113,500 | €102,884 | ▼ 9.4% |
| Equity10/15 | €62,057 | €14,007 | ▼ 77.4% |
| Contributions10/11 | - | €25,000 | - |
| Profit (loss) carried forward14 | €37,057 | -€10,993 | ▼ 130% |
| Amounts payable17/49 | €51,443 | €88,877 | ▲ 72.8% |
| Amounts payable within one year42/48 | €51,443 | €81,567 | ▲ 58.6% |
| Trade debts44 | €27,549 | €56,124 | ▲ 104% |
| Suppliers440/4 | - | €56,124 | - |
| Taxes, remuneration and social security45 | - | €25,442 | - |
| Taxes450/3 | - | €6,793 | - |
| Remuneration and social security454/9 | - | €18,650 | - |
| Accrued charges and deferred income492/3 | - | €7,310 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37,057 | -€48,049 | ▼ 230% |
| + Depreciation and write-downs630 | €1,079 | €1,000 | ▼ 7.3% |
| Operating cash flow (approximation) | €38,136 | -€47,049 | ▼ 223% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€61,020 | - |
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
2025
09-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 26-06-2025
2023
24-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 11-05-2023
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 | JORIS DE SMET BRUUL 27, 9630 ZWALM- |
11-05-2023 → 26-06-2025 |