EFGSPORT
InactiveEFGSPORT was declared bankrupt on 26-01-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 23-05-2024, published in the Belgian State Gazette on 29-05-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€-310k▼ 880%
2020 · €-32k
2018: €651k
2019: €381k
2020: €-32k
2018 → 2021
Total assets
€405k▼ 21.2%
2020 · €514k
2018: €1.06M
2019: €931k
2020: €514k
2018 → 2021
Net result
€-278k▲ 32.5%
2020 · €-412k
2018: €73k
2019: €-271k
2020: €-412k
2018 → 2021
Working capital
€-66k
2020 · €156k
2018: €646k
2019: €279k
2020: €156k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€651k-€381k▼ 41.6%€-32k€-310k▼ 880%
Operating result€102k-€-272k€-402k▼ 47.7%€-271k▲ 32.5%
Net result€73k-€-271k€-412k▼ 52.3%€-278k▲ 32.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €271k in 2021 against €402k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €405k
Fixed assets
€96k▼ 29.5%
Current assets
€309k▼ 18.1%
Key figures and ratios
EBITDA
€-225k▲
2020 · €-358k
Cash flow
€-232k▲
2020 · €-368k
Solvency
-76.5%▼
2020 · -6.2%
Current ratio
0.82▼
2020 · 1.70
Quick ratio
0.81▼
2020 · 1.67
Debt / equity
-2.31▲
2020 · -10.24
ROA
-68.7%▲
2020 · -80.2%
Interest coverage
-35.66
Debt
€715k▲
2020 · €546k
Debt ≤ 1 year
€375k▲
2020 · €221k
Debt > 1 year
€324k▲
2020 · €324k
Income taxes
€759▼
2020 · €978
Staff costs
€209k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€514k€405k▼
Fixed assets21/28€137k€96k▼
Intangible fixed assets21€69k€49k▼
Tangible fixed assets22/27€67k€47k▼
Furniture and vehicles24-€4k
Leasing and similar rights25-€38k
Other tangible fixed assets26-€6k
Current assets29/58€377k€309k▼
Amounts receivable after more than one year29-€218k
Trade receivables290-€218k
Stocks and contracts in progress3€7k€3k▼
Stocks30/36-€3k
Amounts receivable within one year40/41€124k€72k▼
Trade receivables40-€52k
Other amounts receivable41-€20k
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1-€13k
Equity and liabilities
Total equity and liabilities10/49€514k€405k▼
Equity10/15€-32k€-310k▼
Contributions10/11-€647k
Reserves13€300€300=
Non-distributable reserves130/1-€300
Reserves not available under the articles1311-€300
Profit (loss) carried forward14€-678k€-957k▼
Amounts payable17/49€546k€715k▲
Amounts payable after more than one year17€324k€324k▲
Financial debts170/4-€84k
Other amounts payable178/9-€240k
Amounts payable within one year42/48€221k€375k▲
Current portion of amounts payable after more than one year42-€24k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€70k€139k▲
Suppliers440/4-€139k
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45-€196k
Taxes450/3-€70k
Remuneration and social security454/9-€126k
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3-€16k
Income statement
Code20202021
Remuneration, social security and pensions62-€209k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€46k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8-€7k
Gross operating margin9900€75k€-8k▼
Operating profit (loss)9901€-402k€-271k▲
Financial income75/76B-€9
Recurring financial income75€3€9▲
Financial charges65/66B-€6k
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€-411k€-278k▲
Income taxes67/77€978€759▼
Profit (loss) for the period9904€-412k€-278k▲
Profit (loss) for the period to be appropriated9905€-412k€-278k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-957k
Profit (loss) brought forward from the previous period14P-€-678k
Social balance
Average headcount (FTE)9087-7.4
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
29-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · EFGSPORT BV DIESTSESTEENWEG 143/2/1, 3202 RILLAAR · event 23-05-2024
2023
01-02
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · EFGSPORT BV DIESTSE- STEENWEG 143/2/1, 3202 RILLAAR · event 26-01-2023
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-412k
Net result drops to €-412k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
2015
07-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 68 days late
2014
27-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 58 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | MICHIEL VERRAES EDMOND TOLLENAERE-
STRAAT 56-76, 1020 BRUSSEL 2 |
26-01-2023 → present |