DUHOK
InactiveSignals
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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 05-01-2021, 158 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 · 3 filingsDeviation from the deadline
2019
158 d late
2018
365 d late
2017
216 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 246 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, micro schema
Equity
-€4,784
2018 · €25,583
Total assets
€26,889▼ 78.3%
2018 · €124,056
Net result
-€30,367
2018 · €5,239
Working capital
-€16,259
2018 · €68,649
Trend over the years
In euros
In euros
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
Line20182019
Operating result€6,944--€30,681
Net result€5,239--€30,367
Equity€25,583--€4,784
Total assets€124,056-€26,889▼ 78.3%
Debt€98,473-€31,673▼ 67.8%
Working capital€68,649--€16,259
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 2019: a loss of €30,681 after €6,944 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €26,889
Fixed assets
€16,168 ▼ 18.9%
Current assets
€10,721 ▼ 89.7%
Equity and liabilities
Equity-€4,784
Debt€31,673
Equity is negative: debt (€31,673) exceeds the balance-sheet total (€26,889).
Key figures and ratios
EBITDA
-€26,915▼
2018 · €10,728
Cash flow
-€26,601▼
2018 · €9,023
Solvency
-17.8%▼
2018 · 20.6%
Current ratio
0.40▼
2018 · 2.94
Quick ratio
0.19▼
2018 · 2.77
ROA
-112.9%▼
2018 · 4.2%
Debt ≤ 1 year
€26,980▼
2018 · €35,473
Income taxes
-€335▼
2018 · €1,705
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,784 | €3,766 | ▼ 0.5% |
| Gross operating margin9900 | €31,950 | -€24,914 | ▼ 178% |
| Operating profit (loss)9901 | €6,944 | -€30,681 | ▼ 542% |
| Recurring financial charges65 | - | €21 | - |
| Profit (loss) for the period before taxes9903 | €6,944 | -€30,702 | ▼ 542% |
| Income taxes67/77 | €1,705 | -€335 | ▼ 120% |
| Profit (loss) for the period9904 | €5,239 | -€30,367 | ▼ 680% |
| Profit (loss) for the period to be appropriated9905 | €5,239 | -€30,367 | ▼ 680% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €124,056 | €26,889 | ▼ 78.3% |
| Fixed assets21/28 | €19,934 | €16,168 | ▼ 18.9% |
| Intangible fixed assets21 | €476 | €318 | ▼ 33.3% |
| Tangible fixed assets22/27 | €14,457 | €10,850 | ▼ 25.0% |
| Financial fixed assets28 | €5,000 | €5,000 | = |
| Current assets29/58 | €104,122 | €10,721 | ▼ 89.7% |
| Stocks and contracts in progress3 | €5,719 | €5,719 | = |
| Cash at bank and in hand54/58 | €98,403 | €5,002 | ▼ 94.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €124,056 | €26,889 | ▼ 78.3% |
| Equity10/15 | €25,583 | -€4,784 | ▼ 119% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €6,983 | -€23,384 | ▼ 435% |
| Amounts payable17/49 | €98,473 | €31,673 | ▼ 67.8% |
| Amounts payable after more than one year17 | €63,000 | - | - |
| Amounts payable within one year42/48 | €35,473 | €26,980 | ▼ 23.9% |
| Trade debts44 | €13,133 | - | - |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,239 | -€30,367 | ▼ 680% |
| + Depreciation and write-downs630 | €3,784 | €3,766 | ▼ 0.5% |
| Operating cash flow (approximation) | €9,023 | -€26,601 | ▼ 395% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€93,401 | - |
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
07-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 29-04-2025
2021
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-12-2021
05-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 158 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 365 days late
2019
24-04
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 18-04-2019
04-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 216 days late
20-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-02-2019
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOM DEGEETER Bouwensstraat 21, 2140 Borger- Hout (Antwerpen) |
09-12-2021 → 29-04-2025 |
| Curator | TOM HERMANS Amerikalei 122, 2000 Antwerpen 1 |
14-02-2019 → 18-04-2019 |