EASY BREAD
InactiveEASY BREAD was declared bankrupt on 31-01-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-01-2023, published in the Belgian State Gazette on 09-01-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four 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 · 2 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 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 31-10-2020, 92 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k
2018 · €-1k
2018: €-1k
2018 → 2019
Working capital
€-27k▼ 36.3%
2018 · €-20k
2018: €-20k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€16k-€17k▲ 6.9%
Operating result€-1k-€1k
Net result€-1k-€1k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €1k after a loss of €1k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €110k
Fixed assets
€45k▲ 23.2%
Current assets
€66k▲ 106%
Equity and liabilities €110k
Equity
€17k▲ 6.9%
Debt
€93k▲ 79.2%
The debt ratio rises from 76.2% to 84.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2018 · €13k
Cash flow
€16k▲
2018 · €13k
Solvency
15.7%▼
2018 · 23.8%
Current ratio
0.71▲
2018 · 0.61
Quick ratio
0.25▲
2018 · 0.08
ROE
6.4%▲
2018 · -7.3%
ROA
1.0%▲
2018 · -1.7%
Debt
€93k▲
2018 · €52k
Debt ≤ 1 year
€93k▲
2018 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€68k€110k▲
Fixed assets21/28€36k€45k▲
Tangible fixed assets22/27€27k€35k▲
Financial fixed assets28€10k€10k=
Current assets29/58€32k€66k▲
Stocks and contracts in progress3€28k€42k▲
Amounts receivable within one year40/41€2k€3k▲
Cash at bank and in hand54/58€2k€21k▲
Equity and liabilities
Total equity and liabilities10/49€68k€110k▲
Equity10/15€16k€17k▲
Contributions10/11€17k€17k=
Profit (loss) carried forward14€-1k€-78▲
Amounts payable17/49€52k€93k▲
Amounts payable within one year42/48€52k€93k▲
Trade debts44€19k€48k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Gross operating margin9900€75k€143k▲
Operating profit (loss)9901€-1k€1k▲
Recurring financial charges65€11€94▲
Profit (loss) for the period before taxes9903€-1k€1k▲
Profit (loss) for the period9904€-1k€1k▲
Profit (loss) for the period to be appropriated9905€-1k€1k▲
Timeline · acts, filings and financial milestones
2023
09-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · EASY BREAD SRL RUE UYTTENHOVE 71/7, 1090 JETTE. déclarée le 31 janvier 2022 · event 03-01-2023
2022
07-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · EASY BREAD SRL RUE UYTTEN- HOVE 71/7, 1090 JETTE · event 31-01-2022
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 91 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 | GUY KELDER PLACE GUY D’AREZZO 18,
1180 BRUXELLES 18 |
31-01-2022 → present |