EGY-CORNER
InactiveEGY-CORNER was declared bankrupt on 22-12-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 25-06-2024, published in the Belgian State Gazette on 02-07-2024.
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 · 3 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 30-08-2022, 30 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
34 d late
2019
139 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 68 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, micro schema
Turnover
€2,931▼ 77.7%
2020 · €13,157
EBIT margin
-8.9%
Net result
-€1,171▲ 96.1%
2019 · -€29,999
Working capital
-€8,583▼ 633%
2020 · -€1,171
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
Line201920202021
Turnover€13,157€2,931▼ 77.7%
Operating result-€29,992--€1,171▲ 96.1%
Net result-€29,999--€1,171▲ 96.1%
EBIT margin-8.9%
Equity€1--€1,171-€8,583▼ 633%
Total assets€1-€13,850▲ 1,384,900%€5,650▼ 59.2%
Debt€15,021€14,233▼ 5.2%
Working capital-€1,171-€8,583▼ 633%
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 €1,171 in 2020 against €29,992 in 2019; the loss shrinks.
Key figures and ratios
Solvency
-151.9%▼
2020 · -8.5%
Current ratio
0.40▼
2020 · 0.92
Debt to equity
-1.66▲
2020 · -12.83
Debt ≤ 1 year
€14,233▼
2020 · €15,021
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | - | €13,157 | €2,931 | ▼ 77.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €14,328 | €13,743 | ▼ 4.1% |
| Gross operating margin9900 | -€27,761 | -€1,171 | - | - |
| Operating profit (loss)9901 | -€29,992 | -€1,171 | - | - |
| Recurring financial charges65 | €7 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€29,999 | -€1,171 | - | - |
| Profit (loss) for the period9904 | -€29,999 | -€1,171 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€29,999 | -€1,171 | - | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1 | €13,850 | €5,650 | ▼ 59.2% |
| Current assets29/58 | €1 | €13,850 | €5,650 | ▼ 59.2% |
| Amounts receivable within one year40/41 | - | €13,850 | €5,603 | ▼ 59.5% |
| Trade receivables40 | - | €13,850 | €5,603 | ▼ 59.5% |
| Cash at bank and in hand54/58 | €1 | - | €47 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1 | €13,850 | €5,650 | ▼ 59.2% |
| Equity10/15 | €1 | -€1,171 | -€8,583 | ▼ 633% |
| Contributions10/11 | €30,000 | - | - | - |
| Profit (loss) carried forward14 | -€29,999 | -€1,171 | -€8,583 | ▼ 633% |
| Amounts payable17/49 | - | €15,021 | €14,233 | ▼ 5.2% |
| Amounts payable within one year42/48 | - | €15,021 | €14,233 | ▼ 5.2% |
| Current portion of amounts payable after more than one year42 | - | €15,021 | - | - |
| Trade debts44 | - | - | €14,233 | - |
| Suppliers440/4 | - | - | €14,233 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,999 | -€1,171 | - | - |
| Operating cash flow (approximation) | -€29,999 | -€1,171 | - | - |
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
2024
02-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 25-06-2024
02-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 22-12-2023
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 139 days late
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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN BAIVIER RUE DES MARTYRS, 38,
4800 VERVIERS |
22-12-2023 → 25-06-2024 |