ETABLISSEMENTEN BREYDELS O.
Open bankruptcyA bankruptcy procedure is open for ETABLISSEMENTEN BREYDELS O. according to publications in the Belgian State Gazette; curator: ERIK GREEVE.
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.
+raises risk○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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 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 31-08-2021, 31 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
not filed
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-211k▼ 49.9%
2019 · €-141k
2018: €-145k
2019: €-141k
2018 → 2020
Total assets
€50k▼ 60.1%
2019 · €126k
2018: €132k
2019: €126k
2018 → 2020
Net result
€-70k
2019 · €4k
2018: €-31k
2019: €4k
2018 → 2020
Working capital
€-42k
2019 · €30k
2018: €23k
2019: €30k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-145k-€-141k▲ 2.8%€-211k▼ 49.9%
Operating result€-26k-€-22k▲ 16.6%€-64k▼ 188%
Net result€-31k-€4k€-70k
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 €64k in 2020 against €22k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €50k
Fixed assets
€1k▼ 20.0%
Current assets
€49k▼ 60.6%
Key figures and ratios
EBITDA
€-63k▼
2019 · €-22k
Cash flow
€-70k▼
2019 · €4k
Solvency
-422.1%▼
2019 · -112.4%
Current ratio
0.54▼
2019 · 1.32
Quick ratio
0.23▼
2019 · 0.42
Debt / equity
-0.80▲
2019 · -1.21
ROA
-140.5%▼
2019 · 3.2%
Debt
€262k▼
2019 · €267k
Debt ≤ 1 year
€91k▼
2019 · €94k
Debt > 1 year
€170k=
2019 · €170k
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€126k€50k▼
Fixed assets21/28€1k€1k▼
Tangible fixed assets22/27€1k€1k▼
Current assets29/58€124k€49k▼
Stocks and contracts in progress3€85k€28k▼
Amounts receivable within one year40/41€23k€16k▼
Cash at bank and in hand54/58€16k€4k▼
Equity and liabilities
Total equity and liabilities10/49€126k€50k▼
Equity10/15€-141k€-211k▼
Contributions10/11€36k-
Reserves13€7k€7k=
Profit (loss) carried forward14€-184k€-255k▼
Amounts payable17/49€267k€262k▼
Amounts payable after more than one year17€170k€170k=
Amounts payable within one year42/48€94k€91k▼
Trade debts44€44k-
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€284€284=
Gross operating margin9900€142k€79k▼
Operating profit (loss)9901€-22k€-64k▼
Recurring financial income75€30k-
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€4k€-70k▼
Income taxes67/77€10-
Profit (loss) for the period9904€4k€-70k▼
Profit (loss) for the period to be appropriated9905€4k€-70k▼
Timeline · acts, filings and financial milestones
2022
02-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ETABLISSEMENTEN O. BREYDELS BVBA VERBINDINGSDOK-OOSTKAAI 23/211, 2000 ANTWERPEN 1 · event 24-02-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-70k ▼1831%
Net result drops to €-70k, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
27-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 119 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
20-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ERIK GREEVE KONINKLIJKELAAN 60, 2600 BERCHEM
(ANTWERPEN) |
24-02-2022 → present |