ECYPAC
Open bankruptcyA bankruptcy procedure is open for ECYPAC according to publications in the Belgian State Gazette; curator: STEFANIE HENS.
Summary
Inactive; last annual accounts for fiscal year 2019.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 8 September 2022
- Supervising judge
- Frank Biot
- Official Gazette
- 14-09-2022 (pdf) ↗search the document for 2022/131769
Curator
- Stefanie HensBritselei 76, 2000 06 Antwerpenstefanie.hens@advoteam.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
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 · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 04-09-2020, 35 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
35 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 35 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
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2019, micro schema
Equity
-€74,648
2018 · €9,267
Total assets
€64,771▼ 29.6%
2018 · €92,033
Net result
-€83,915▼ 411%
2018 · -€16,425
Working capital
-€23,635
2018 · €73,580
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
Line20182019
Operating result-€14,456--€82,076▼ 468%
Net result-€16,425--€83,915▼ 411%
Equity€9,267--€74,648
Total assets€92,033-€64,771▼ 29.6%
Debt€18,453-€75,106▲ 307%
Working capital€73,580--€23,635
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 €82,076 in 2019 against €14,456 in 2018; the loss grows.
Balance-sheet composition
Assets €64,771
Fixed assets
€13,300
Current assets
€51,471
Key figures and ratios
Solvency
-115.3%▼
2018 · 10.1%
Current ratio
0.69▼
2018 · 4.99
ROA
-129.6%▼
2018 · -17.8%
Debt ≤ 1 year
€75,106▲
2018 · €18,453
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€13,615 | -€79,820 | ▼ 486% |
| Operating profit (loss)9901 | -€14,456 | -€82,076 | ▼ 468% |
| Recurring financial charges65 | €1,969 | €1,839 | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | -€16,425 | -€83,915 | ▼ 411% |
| Profit (loss) for the period9904 | -€16,425 | -€83,915 | ▼ 411% |
| Profit (loss) for the period to be appropriated9905 | -€16,425 | -€83,915 | ▼ 411% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €92,033 | €64,771 | ▼ 29.6% |
| Fixed assets21/28 | - | €13,300 | - |
| Financial fixed assets28 | - | €13,300 | - |
| Current assets29/58 | €92,033 | €51,471 | ▼ 44.1% |
| Amounts receivable within one year40/41 | €89,198 | €5,042 | ▼ 94.3% |
| Cash at bank and in hand54/58 | €2,835 | €46,428 | ▲ 1,537% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €92,033 | €64,771 | ▼ 29.6% |
| Equity10/15 | €9,267 | -€74,648 | ▼ 906% |
| Contributions10/11 | €73,600 | €73,600 | = |
| Reserves13 | €132,259 | €132,259 | = |
| Profit (loss) carried forward14 | -€196,593 | -€280,508 | ▼ 42.7% |
| Provisions and deferred taxes16 | €64,313 | €64,313 | = |
| Amounts payable17/49 | €18,453 | €75,106 | ▲ 307% |
| Amounts payable within one year42/48 | €18,453 | €75,106 | ▲ 307% |
| Trade debts44 | €1,659 | €5,011 | ▲ 202% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€16,425 | -€83,915 | ▼ 411% |
| Operating cash flow (approximation) | -€16,425 | -€83,915 | ▼ 411% |
| Change in cash | - | €43,593 | - |
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
2022
14-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 08-09-2022
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 414 days late
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 109 days late
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
13-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 74 days late
2013
24-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 57 days late
2011
31-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 153 days late
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEFANIE HENS BRITSELEI 76, 2000 06 ANTWERPEN- |
08-09-2022 → present |