Active BE 0457.841.384Public limited companyOpen bankruptcy

EUROSHIPYARD

Nieuwe Steenweg 31 ·9140 Temse, Belgium· 30 yrs active

Sector: Reparatie en onderhoud van civiele schepen (33150)

Conclusion Checked

A bankruptcy procedure is open for EUROSHIPYARD according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €24k and a net result of €-17k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€24k
Net result	€-17k
Better than sector	50%
Active	30 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

17 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 29

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-07-2022 with the NBB · fiscal year 2021 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 33 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	18.9%	18.9%	better than 50% of 37 sector peers
Net result	€-17k	€7k	better than 23% of 36 sector peers
Equity	€24k	€68k	better than 30% of 37 sector peers
Gross operating margin	€-8k	€154k	better than 5% of 37 sector peers
Total assets	€127k	€758k	better than 30% of 37 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€622

-54.7% 18-21

Net profit

€-17k

+80.2% 18-21

Cash flow

€-56k

-11.9% 18-21

Total assets

€127k

-9.6% 18-21

Equity

€24k

-40.9% 18-21

Working capital

€24k

-40.9% 18-21

Income taxes

€26

-93.5% 18-21

Debt

€103k

+3.2% 18-21

Debt ≤ 1y

€103k

+3.2% 18-21

Current ratio

1.23

-12.3% 18-21

Quick ratio

1.23

-12.3% 18-21

Solvency

18.9%

-34.6% 18-21

Debt / equity

4.30

- 18-21

ROE

-69.1%

+66.5% 18-21

ROA

-13.1%

+78.1% 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€-17k
Cash flow	-
Staff costs	-
Income taxes	€26
Dividends	-
Total assets	€127k
Equity	€24k
Debt	€103k
of which ≤ 1y	€103k
of which > 1y	-
Working capital	€24k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	1.23
Quick ratio	1.23
Working capital ratio	18.9%
Solvency	18.9%
Debt / equity	4.30
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-13.1%
ROE	-69.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Equity & liabilities

Equity €24k · 18.9% Debt €103k · 81.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€127k
Current assets	29/58	€127k
Amounts receivable within one year	40/41	€127k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€127k
Equity	10/15	€24k
Contributions / capital	10/11	€124k
Accumulated profits (losses)	14	€-100k
Amounts payable	17/49	€103k
Amounts payable within one year	42/48	€103k
Trade debts payable within one year	44	€41k
Income statement
Gross operating margin	9900	€-8k
Operating result	9901	€-9k
Financial income	75	€485
Financial charges	65	€8k
Result before taxes	9903	€-17k
Income taxes	67/77	€26
Net result for the period	9904	€-17k
Result to be appropriated	9905	€-17k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	PIETER WAUMAN VIJFSTRATEN 57, 9100 SINT- NIKLAAS ↔ Also on 103 other cases	12-09-2022 → present	Belgian State Gazette
Curator	LISA HEUNINCK VIJFSTRATEN 57-59, 9100 SINT-NIKLAAS-	12-09-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Reparatie en onderhoud van civiele schepen(33150)
Legal form	Public limited company(014)
Incorporation	18-04-1996
Status	Active
Postal code	9140
First BS signal	16-09-2022
Latest BS signal	16-09-2022

Establishment units 1 location

EUROSHIPYARD NV

Nieuwe Steenweg 31, 9140 TemseProductie van legeringen van edele metalen

since 19962.076.699.922

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46008A0727/00D003	Flanders	2,929 m²	1 · 219 m²	7.7 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

16-09-2022

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · EUROSHIPYARD NV NIEUWE STEENWEG 31, 9140 TEMSE · event 12-09-2022

26-07-2022