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ENWI

Inactive
KBO/BCE: BE 0457.963.328

ENWI was declared bankrupt on 28-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 21-03-2023, published in the Belgian State Gazette on 28-03-2023.

Summary

Inactive; last annual accounts for fiscal year 2019.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 30-09-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-09-2020 close30-04-2021 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 28-04-2020, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 2 days before 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ENWI has filed 23 sets of annual accounts, the latest for fiscal year 2019.1 On 28 October 2021 the company was declared bankrupt; the bankruptcy was closed on 21 March 2023.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 09-11-2021
  3. 3Belgian State Gazette, 28-03-2023

Financials · fiscal year 2019, abbreviated schema

Equity
€622,930▲ 2.3%
2018 · €609,204
Total assets
€672,353▲ 4.5%
2018 · €643,643
Net result
€13,727
2018 · -€24,335
Working capital
€628,686▲ 4.6%
2018 · €600,897
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-€25,956-€491
Net result-€24,335-€13,727
Equity€609,204-€622,930▲ 2.3%
Total assets€643,643-€672,353▲ 4.5%
Debt€34,439-€49,423▲ 43.5%
Working capital€600,897-€628,686▲ 4.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2018: -€25,956-€25,956Net result 2018: -€24,335-€24,335Operating result 2019: €491€491Net result 2019: €13,727€13,72720182019-€30,000-€20,000-€10,000€0€10,000Operating result 2018: -€25,956-€26,000Net result 2018: -€24,335-€24,300Operating result 2019: €491€491Net result 2019: €13,727€13,70020182019
The operating result returns to profit in 2019: €491 after a loss of €25,956 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €672,353
Fixed assets €11,650 ▼ 36.3%
Current assets €660,703 ▲ 5.7%
Equity and liabilities €672,353
Equity €622,930 ▲ 2.3%
Debt €49,423 ▲ 43.5%
Debt's share of the balance-sheet total rises from 5.4% to 7.4%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€9,307▲
2018 · -€12,538
Cash flow
€22,543▲
2018 · -€10,917
Current ratio
20.64▼
2018 · 25.57
Debt to equity
0.01▼
2018 · 0.02
ROE
2.2%▲
2018 · -4.0%
ROA
2.0%▲
2018 · -3.8%
Debt ≤ 1 year
€32,017▲
2018 · €24,452
Debt > 1 year
€4,854▼
2018 · €9,987
Income taxes
€1,089▼
2018 · €12,789
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€643,643€672,353▲
Fixed assets21/28€18,294€11,650▼
Tangible fixed assets22/27€18,145€11,501▼
Financial fixed assets28€149€149▼
Current assets29/58€625,349€660,703▲
Amounts receivable within one year40/41€3,968€33,972▲
Cash at bank and in hand54/58€756€5,305▲
Equity and liabilities
Total equity and liabilities10/49€643,643€672,353▲
Equity10/15€609,204€622,930▲
Contributions10/11€49,579€49,579=
Reserves13€4,958€4,958=
Profit (loss) carried forward14€554,667€568,393▲
Amounts payable17/49€34,439€49,423▲
Amounts payable after more than one year17€9,987€4,854▼
Amounts payable within one year42/48€24,452€32,017▲
Trade debts44€5,152€24,115▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,418€8,816▼
Gross operating margin9900-€8,350€10,348▲
Operating profit (loss)9901-€25,956€491▲
Recurring financial income75€15,625€15,421▼
Recurring financial charges65€1,215€1,096▼
Profit (loss) for the period before taxes9903-€11,546€14,816▲
Income taxes67/77€12,789€1,089▼
Profit (loss) for the period9904-€24,335€13,727▲
Profit (loss) for the period to be appropriated9905-€24,335€13,727▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,418€8,816▼ 34.3%
Gross operating margin9900-€8,350€10,348▲ 224%
Operating profit (loss)9901-€25,956€491▲ 102%
Recurring financial income75€15,625€15,421▼ 1.3%
Recurring financial charges65€1,215€1,096▼ 9.8%
Profit (loss) for the period before taxes9903-€11,546€14,816▲ 228%
Income taxes67/77€12,789€1,089▼ 91.5%
Profit (loss) for the period9904-€24,335€13,727▲ 156%
Profit (loss) for the period to be appropriated9905-€24,335€13,727▲ 156%
Line20182019Change
Assets
Total assets20/58€643,643€672,353▲ 4.5%
Fixed assets21/28€18,294€11,650▼ 36.3%
Tangible fixed assets22/27€18,145€11,501▼ 36.6%
Financial fixed assets28€149€149▼ 0.2%
Current assets29/58€625,349€660,703▲ 5.7%
Amounts receivable within one year40/41€3,968€33,972▲ 756%
Cash at bank and in hand54/58€756€5,305▲ 602%
Equity and liabilities
Total equity and liabilities10/49€643,643€672,353▲ 4.5%
Equity10/15€609,204€622,930▲ 2.3%
Contributions10/11€49,579€49,579=
Reserves13€4,958€4,958=
Profit (loss) carried forward14€554,667€568,393▲ 2.5%
Amounts payable17/49€34,439€49,423▲ 43.5%
Amounts payable after more than one year17€9,987€4,854▼ 51.4%
Amounts payable within one year42/48€24,452€32,017▲ 30.9%
Trade debts44€5,152€24,115▲ 368%
Line20182019Change
Profit (loss) for the period9904-€24,335€13,727▲ 156%
+ Depreciation and write-downs630€13,418€8,816▼ 34.3%
Operating cash flow (approximation)-€10,917€22,543▲ 306%
Investment in fixed assets (approximation)--€2,172-
Change in cash-€4,549-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
28-03
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-03-2023
2021
09-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-10-2021
2020
28-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Back to profitnet €13,727
Net result €13,727 after one loss-making year.
15-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
21-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
2015
29-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 30 days late
2013
24-05
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 24 days late
2012
31-05
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
30-05
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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 TOM HERMANS
AMERIKALEI 122, 2000 ANTWERPEN 1-
28-10-2021 → 21-03-2023