EMILIANO
InactiveEMILIANO was declared bankrupt on 17-03-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 19-12-2022, published in the Belgian State Gazette on 28-12-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 03-08-2021, 3 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
3 d late
2019
250 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-124k▲ 10.1%
2019 · €-138k
2018: €-140k
2019: €-138k
2018 → 2020
Total assets
€69k▼ 30.3%
2019 · €100k
2018: €103k
2019: €100k
2018 → 2020
Net result
€14k▲ 528%
2019 · €2k
2018: €-19k
2019: €2k
2018 → 2020
Working capital
€-71k▲ 30.3%
2019 · €-102k
2018: €-122k
2019: €-102k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-140k-€-138k▲ 1.6%€-124k▲ 10.1%
Operating result€-19k-€2k€14k▲ 512%
Net result€-19k-€2k€14k▲ 528%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 512% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €69k
Fixed assets
€68k▼ 19.9%
Current assets
€1k▼ 90.0%
Key figures and ratios
EBITDA
€32k▲
2019 · €20k
Cash flow
€31k▲
2019 · €20k
Solvency
-178.7%▼
2019 · -138.7%
Current ratio
0.02▼
2019 · 0.13
Quick ratio
0.02▼
2019 · 0.13
Debt / equity
-0.97▼
2019 · -0.88
ROA
20.1%▲
2019 · 2.2%
Debt
€193k▼
2019 · €238k
Debt ≤ 1 year
€73k▼
2019 · €117k
Debt > 1 year
€121k=
2019 · €121k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€100k€69k▼
Fixed assets21/28€85k€68k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€62k€47k▼
Financial fixed assets28€18k€18k=
Current assets29/58€15k€1k▼
Amounts receivable within one year40/41-€467
Cash at bank and in hand54/58€15k€1k▼
Equity and liabilities
Total equity and liabilities10/49€100k€69k▼
Equity10/15€-138k€-124k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-157k€-143k▲
Amounts payable17/49€238k€193k▼
Amounts payable after more than one year17€121k€121k=
Amounts payable within one year42/48€117k€73k▼
Trade debts44€32k€21k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Gross operating margin9900€20k€32k▲
Operating profit (loss)9901€2k€14k▲
Recurring financial charges65€142€496▲
Profit (loss) for the period before taxes9903€2k€14k▲
Profit (loss) for the period9904€2k€14k▲
Profit (loss) for the period to be appropriated9905€2k€14k▲
Timeline · acts, filings and financial milestones
2022
28-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · EMILIANO BV GROTE STEENWEG 185, 9340 LEDE · event 19-12-2022
23-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · EMILIANO BV GROTE STEENWEG 185, 9340 LEDE · event 17-03-2022
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 250 days late
2020
31-12
Financial
Highest result since 2018net €14k ▲528%
Operating result €14k, net result €14k, both a record.
03-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 216 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | COPPENS ALBERT | 19-12-2022 → present |
| Curator | ALBERT COPPENS PARKLAAN 101, 9300 AALST- |
17-03-2022 → present |