EXCALIBUR
InactiveEXCALIBUR was declared bankrupt on 28-03-2022 (Ondernemingsrechtbank Gent, afdeling Oostende); the bankruptcy was closed for insufficient assets by judgment of 10-06-2024, published in the Belgian State Gazette on 28-06-2024.
Summary
Inactive; last annual accounts for fiscal year 2018.
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 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 29-08-2019, 29 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
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
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 2018, abbreviated schema
Equity
€157,436
Total assets
€195,919
Net result
-€27,833
Working capital
€154,670
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €195,919
Fixed assets
€2,766
Current assets
€193,153
Equity and liabilities €195,919
Equity
€157,436
Debt
€38,483
Debt finances 19.6% of the balance-sheet total.
Key figures and ratios
EBITDA
-€24,941
Cash flow
-€26,542
Current ratio
5.02
Quick ratio
4.78
ROE
-17.7%
ROA
-14.2%
Debt ≤ 1 year
€38,483
Income taxes
€427
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,291 |
| Gross operating margin9900 | -€23,130 |
| Operating profit (loss)9901 | -€26,232 |
| Recurring financial charges65 | €1,174 |
| Profit (loss) for the period before taxes9903 | -€27,406 |
| Income taxes67/77 | €427 |
| Profit (loss) for the period9904 | -€27,833 |
| Profit (loss) for the period to be appropriated9905 | -€27,833 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €195,919 | |
| Fixed assets21/28 | €2,766 | |
| Tangible fixed assets22/27 | €2,766 | |
| Current assets29/58 | €193,153 | |
| Stocks and contracts in progress3 | €9,215 | |
| Amounts receivable within one year40/41 | €171,814 | |
| Cash at bank and in hand54/58 | €12,124 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €195,919 | |
| Equity10/15 | €157,436 | |
| Contributions10/11 | €18,600 | |
| Reserves13 | €116,007 | |
| Profit (loss) carried forward14 | €22,829 | |
| Amounts payable17/49 | €38,483 | |
| Amounts payable within one year42/48 | €38,483 | |
| Trade debts44 | €13,316 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€27,833 |
| + Depreciation and write-downs630 | €1,291 |
| Operating cash flow (approximation) | -€26,542 |
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
2024
28-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oostende · event 10-06-2024
2022
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 28-03-2022
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 152 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 26 days late
2013
31-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 92 days late
2012
19-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 111 days late
2011
16-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 16 days late
2010
21-09
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 52 days late
SignalNBB filing
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 | MARTINE DECHERF KLOOSTERSTRAAT 22,
8820 TORHOUT |
28-03-2022 → 10-06-2024 |