EUPHORIA
InactiveEUPHORIA was declared bankrupt on 09-11-2021 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 02-12-2025, published in the Belgian State Gazette on 08-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three 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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-07-2021, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
on the day
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 41 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 2020, abbreviated schema
Equity
-€114,674
2019 · €76,799
Total assets
€146,368▼ 51.0%
2019 · €298,747
Net result
-€191,473▼ 69.9%
2019 · -€112,702
Working capital
-€67,720▼ 42.1%
2019 · -€47,650
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
Line201820192020
Operating result-€73,339--€105,954▼ 44.5%-€195,553▼ 84.6%
Net result-€61,341--€112,702▼ 83.7%-€191,473▼ 69.9%
Equity€189,501-€76,799▼ 59.5%-€114,674
Total assets€417,861-€298,747▼ 28.5%€146,368▼ 51.0%
Debt€228,359-€221,947▼ 2.8%€251,042▲ 13.1%
Working capital€83,184--€47,650-€67,720▼ 42.1%
Staff (FTE)5.4-3.2▼ 40.7%2.2▼ 31.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €195,553 in 2020 against €105,954 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 €146,368
Fixed assets
€911 ▼ 99.5%
Current assets
€145,457 ▲ 23.9%
Key figures and ratios
EBITDA
-€195,098▼
2019 · -€105,499
Cash flow
-€191,018▼
2019 · -€112,246
Solvency
-78.3%▼
2019 · 25.7%
Current ratio
0.68▼
2019 · 0.71
Debt to equity
-0.33▼
2019 · 0.74
ROA
-130.8%▼
2019 · -37.7%
Debt ≤ 1 year
€213,177▲
2019 · €165,029
Debt > 1 year
€37,864▼
2019 · €56,918
Income taxes
€110▼
2019 · €220
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €456 | €456 | €456 | = |
| Gross operating margin9900 | €108,445 | €28,221 | €18,970 | ▼ 32.8% |
| Operating profit (loss)9901 | -€73,339 | -€105,954 | -€195,553 | ▼ 84.6% |
| Recurring financial income75 | €22,525 | - | €190 | - |
| Recurring financial charges65 | €10,049 | €6,527 | - | - |
| Profit (loss) for the period before taxes9903 | -€60,863 | -€112,481 | -€191,363 | ▼ 70.1% |
| Income taxes67/77 | €478 | €220 | €110 | ▼ 50.1% |
| Profit (loss) for the period9904 | -€61,341 | -€112,702 | -€191,473 | ▼ 69.9% |
| Profit (loss) for the period to be appropriated9905 | -€61,341 | -€112,702 | -€191,473 | ▼ 69.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €417,861 | €298,747 | €146,368 | ▼ 51.0% |
| Formation expenses20 | €0 | - | - | - |
| Fixed assets21/28 | €181,822 | €181,367 | €911 | ▼ 99.5% |
| Intangible fixed assets21 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1,822 | €1,367 | €911 | ▼ 33.3% |
| Financial fixed assets28 | €180,000 | €180,000 | - | - |
| Current assets29/58 | €236,038 | €117,380 | €145,457 | ▲ 23.9% |
| Stocks and contracts in progress3 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €235,378 | €117,220 | €138,851 | ▲ 18.5% |
| Current investments50/53 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €660 | €160 | €6,606 | ▲ 4,027% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €417,861 | €298,747 | €146,368 | ▼ 51.0% |
| Equity10/15 | €189,501 | €76,799 | -€114,674 | ▼ 249% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €183,301 | €70,599 | €1,860 | ▼ 97.4% |
| Profit (loss) carried forward14 | €0 | - | -€122,734 | - |
| Provisions and deferred taxes16 | €0 | - | €10,000 | - |
| Amounts payable17/49 | €228,359 | €221,947 | €251,042 | ▲ 13.1% |
| Amounts payable after more than one year17 | €75,505 | €56,918 | €37,864 | ▼ 33.5% |
| Amounts payable within one year42/48 | €152,855 | €165,029 | €213,177 | ▲ 29.2% |
| Trade debts44 | €62,508 | €24,441 | €44,021 | ▲ 80.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€61,341 | -€112,702 | -€191,473 | ▼ 69.9% |
| + Depreciation and write-downs630 | €456 | €456 | €456 | = |
| Operating cash flow (approximation) | -€60,886 | -€112,246 | -€191,018 | ▼ 70.2% |
| Investment in fixed assets (approximation) | - | €0 | €180,000 | - |
| Change in cash | - | -€500 | €6,446 | ▲ 1,388% |
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
08-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 02-12-2025
2023
03-07
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 27-06-2023
2022
24-01
Bankruptcy
Date of cessation of payments moved back
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 18-01-2022
2021
17-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 09-11-2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€191,473
Net result drops to -€191,473, the lowest in the series.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 81 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 205 days late
2016
07-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 130 days late
2015
16-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Show earlier events
2014
08-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 8 days late
2013
21-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 21 days late
2011
02-12
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 4 acts read
About the unread acts
We know of 4 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
4 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG 19, 2260 WESTERLO- |
09-11-2021 → 02-12-2025 |
| Curator | TOM VANDECRUYS ROZENDAAL 78,
2440 GEEL |
09-11-2021 → 02-12-2025 |