EUROGEST
InactiveEUROGEST was declared bankrupt on 27-06-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 21-05-2024, published in the Belgian State Gazette on 29-05-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-01-2022, 193 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
193 d early
2020
153 d late
2019
93 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€140k▲ 4,564%
2020 · €3k
2018: €-7k
2019: €-5k
2020: €3k
2018 → 2021
Working capital
€-33k
2020 · €7k
2018: €9k
2019: €3k
2020: €7k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€9k-€4k▼ 52.0%€7k▲ 68.6%€147k▲ 1,897%
Operating result€-7k-€-5k▲ 32.6%€3k€182k▲ 5,593%
Net result€-7k-€-5k▲ 32.3%€3k€140k▲ 4,564%
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2021 is 5,593% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €460k
Fixed assets
€180k▲ 22,390%
Current assets
€280k▲ 411%
Equity and liabilities €460k
Equity
€147k▲ 1,897%
Debt
€312k▲ 549%
The debt ratio falls from 86.7% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€243k▲
2020 · €4k
Cash flow
€201k▲
2020 · €3k
Solvency
32.1%▲
2020 · 13.3%
Current ratio
0.90▼
2020 · 1.14
Quick ratio
0.58▼
2020 · 0.59
ROE
95.0%▲
2020 · 40.7%
ROA
30.5%▲
2020 · 5.4%
Debt
€312k▲
2020 · €48k
Debt ≤ 1 year
€312k▲
2020 · €48k
Income taxes
€42k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€56k€460k▲
Fixed assets21/28€800€180k▲
Tangible fixed assets22/27€800€180k▲
Current assets29/58€55k€280k▲
Stocks and contracts in progress3€26k€100k▲
Amounts receivable within one year40/41€24k€97k▲
Cash at bank and in hand54/58€4k€83k▲
Equity and liabilities
Total equity and liabilities10/49€56k€460k▲
Equity10/15€7k€147k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-13k€127k▲
Amounts payable17/49€48k€312k▲
Amounts payable within one year42/48€48k€312k▲
Trade debts44€13k-
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€375€61k▲
Gross operating margin9900€4k€386k▲
Operating profit (loss)9901€3k€182k▲
Recurring financial income75€45-
Recurring financial charges65€245-
Profit (loss) for the period before taxes9903€3k€182k▲
Income taxes67/77-€42k
Profit (loss) for the period9904€3k€140k▲
Profit (loss) for the period to be appropriated9905€3k€140k▲
Timeline · acts, filings and financial milestones
2024
29-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · EUROGEST BV BERGENSESTEENWEG 421/13, 1600 SINT-PIETERS-LEEUW · event 21-05-2024
2023
04-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · EUROGEST BV BERGENSE- STEENWEG 421/13, 1600 SINT-PIETERS-LEEUW · event 27-06-2023
2022
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €140k ▲4564%
Operating result €182k, net result €140k, both a record.
31-12
Financial
Equity above €100kEq €147k ▲1897%
2 profitable years in a row build equity to €147k.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 153 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
01-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 93 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2015
02-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
18-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 18 days late
2013
15-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
18-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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 | ANOUK DE VLEESHOUWER PEGASUSLAAN 5,
1831 DIEGEM |
27-06-2023 → present |