ENFINDUS
InactiveENFINDUS was declared bankrupt on 02-07-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 04-11-2025, published in the Belgian State Gazette on 07-11-2025.
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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 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 28-10-2022, 89 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
89 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 100 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
Equity
-€601,552▼ 5.7%
2020 · -€569,195
Total assets
€147,792▲ 116%
2020 · €68,462
Net result
-€32,357▲ 74.0%
2020 · -€124,211
Working capital
€58,790▲ 213%
2020 · €18,778
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
Line2018201920202021
Operating result-€33,010--€16,129▲ 51.1%-€45,338▼ 181%-€31,945▲ 29.5%
Net result-€34,817--€17,980▲ 48.4%-€124,211▼ 591%-€32,357▲ 74.0%
Equity-€427,004--€444,984▼ 4.2%-€569,195▼ 27.9%-€601,552▼ 5.7%
Total assets€76,475-€122,046▲ 59.6%€68,462▼ 43.9%€147,792▲ 116%
Debt€503,479-€567,030▲ 12.6%€637,657▲ 12.5%€749,344▲ 17.5%
Working capital-€433,136--€451,599▼ 4.3%€18,778€58,790▲ 213%
Staff (FTE)0.3
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 €31,945 in 2021 against €45,338 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €147,792
Fixed assets
€11,711 ▲ 16.8%
Current assets
€136,081 ▲ 133%
Key figures and ratios
EBITDA
-€30,845▲
2020 · -€44,750
Cash flow
-€31,257▲
2020 · -€123,623
Solvency
-407.0%▲
2020 · -831.4%
Current ratio
1.76▲
2020 · 1.47
Quick ratio
1.62▲
2020 · 1.47
Debt to equity
-1.25▼
2020 · -1.05
ROA
-21.9%▲
2020 · -181.4%
Interest coverage
-27.65
Debt ≤ 1 year
€77,291▲
2020 · €39,657
Debt > 1 year
€672,000▲
2020 · €598,000
Income taxes
€146▼
2020 · €764
Staff costs
€3,465
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,465 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,366 | €2,018 | €588 | €1,099 | ▲ 87.0% |
| Other operating charges640/8 | - | - | - | €4,024 | - |
| Non-recurring operating charges66A | - | - | - | €8,278 | - |
| Gross operating margin9900 | -€28,405 | -€11,762 | -€39,277 | -€15,079 | ▲ 61.6% |
| Operating profit (loss)9901 | -€33,010 | -€16,129 | -€45,338 | -€31,945 | ▲ 29.5% |
| Financial income75/76B | - | - | - | €850 | - |
| Recurring financial income75 | - | €4,949 | €81 | €850 | ▲ 952% |
| Financial charges65/66B | - | - | - | €1,115 | - |
| Recurring financial charges65 | €1,314 | €6,309 | €78,189 | €1,115 | ▼ 98.6% |
| Profit (loss) for the period before taxes9903 | -€34,324 | -€17,489 | -€123,446 | -€32,211 | ▲ 73.9% |
| Income taxes67/77 | €494 | €491 | €764 | €146 | ▼ 80.9% |
| Profit (loss) for the period9904 | -€34,817 | -€17,980 | -€124,211 | -€32,357 | ▲ 74.0% |
| Profit (loss) for the period to be appropriated9905 | -€34,817 | -€17,980 | -€124,211 | -€32,357 | ▲ 74.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €76,475 | €122,046 | €68,462 | €147,792 | ▲ 116% |
| Fixed assets21/28 | €6,132 | €6,615 | €10,027 | €11,711 | ▲ 16.8% |
| Tangible fixed assets22/27 | €6,132 | €4,115 | €3,527 | €6,811 | ▲ 93.1% |
| Land and buildings22 | - | - | - | €2,939 | - |
| Furniture and vehicles24 | - | - | - | €3,872 | - |
| Financial fixed assets28 | - | €2,500 | €6,500 | €4,900 | ▼ 24.6% |
| Current assets29/58 | €70,342 | €115,431 | €58,435 | €136,081 | ▲ 133% |
| Stocks and contracts in progress3 | - | - | - | €10,947 | - |
| Stocks30/36 | - | - | - | €10,947 | - |
| Amounts receivable within one year40/41 | €69,580 | €88,632 | €58,422 | €120,267 | ▲ 106% |
| Trade receivables40 | - | - | - | €37,500 | - |
| Other amounts receivable41 | - | - | - | €82,767 | - |
| Cash at bank and in hand54/58 | €762 | €26,799 | €13 | €4,867 | ▲ 38,376% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €76,475 | €122,046 | €68,462 | €147,792 | ▲ 116% |
| Equity10/15 | -€427,004 | -€444,984 | -€569,195 | -€601,552 | ▼ 5.7% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€435,064 | -€453,044 | -€577,255 | -€609,612 | ▼ 5.6% |
| Amounts payable17/49 | €503,479 | €567,030 | €637,657 | €749,344 | ▲ 17.5% |
| Amounts payable after more than one year17 | - | - | €598,000 | €672,000 | ▲ 12.4% |
| Financial debts170/4 | - | - | - | €672,000 | - |
| Amounts payable within one year42/48 | €503,479 | €567,030 | €39,657 | €77,291 | ▲ 94.9% |
| Trade debts44 | €3,113 | €30,947 | €34,130 | €66,046 | ▲ 93.5% |
| Suppliers440/4 | - | - | - | €66,046 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,420 | - |
| Taxes450/3 | - | - | - | €980 | - |
| Remuneration and social security454/9 | - | - | - | €440 | - |
| Other amounts payable47/48 | - | - | - | €9,826 | - |
| Accrued charges and deferred income492/3 | - | - | - | €53 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€34,817 | -€17,980 | -€124,211 | -€32,357 | ▲ 74.0% |
| + Depreciation and write-downs630 | €2,366 | €2,018 | €588 | €1,099 | ▲ 87.0% |
| Operating cash flow (approximation) | -€32,451 | -€15,963 | -€123,623 | -€31,257 | ▲ 74.7% |
| Investment in fixed assets (approximation) | - | -€2,500 | -€4,000 | -€2,783 | ▲ 30.4% |
| Change in cash | - | €26,036 | -€26,786 | €4,855 | ▲ 118% |
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
2025
07-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 04-11-2025
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-07-2024
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet -€124,211
Net result drops to -€124,211, the lowest in the series.
31-12
Financial
Liquidity times 7current ratio 1.47
Current ratio from 0.20 to 1.47; short-term debt falls from €567,030 to €39,657.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
21-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 82 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | HILDE DE BOEVER BRUSSELSESTEENWEG 346C, BUS 1,
9090 MELLE |
02-07-2024 → 04-11-2025 |