EXTENSE NUTRITION
InactiveEXTENSE NUTRITION was declared bankrupt on 28-02-2022 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 23-01-2025, published in the Belgian State Gazette on 29-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three 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 · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-12-2021, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
151 d late
2019
516 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-187k▼ 4.7%
2019 · €-179k
2018: €-97k
2019: €-179k
2018 → 2020
Working capital
€-385k▲ 24.3%
2019 · €-509k
2018: €-325k
2019: €-509k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€417k-€238k▼ 42.9%€51k▼ 78.7%
Operating result€-96k-€-175k▼ 81.7%€-169k▲ 3.0%
Net result€-97k-€-179k▼ 85.1%€-187k▼ 4.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €169k in 2020 against €175k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.34M
Fixed assets
€1.33M ▲ 78.6%
Current assets
€6k ▼ 33.2%
Equity and liabilities €1.34M
Equity
€51k ▼ 78.7%
Debt
€1.29M ▲ 148%
Debt's share of the balance-sheet total rises from 68.5% to 96.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-168k▲
2019 · €-173k
Cash flow
€-186k▼
2019 · €-177k
Current ratio
0.02▼
2019 · 0.02
Debt to equity
17.64
ROE
-368.6%▼
2019 · -75.1%
ROA
-14.0%▲
2019 · -23.6%
Debt ≤ 1 year
€392k▼
2019 · €519k
Debt > 1 year
€897k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€757k€1.34M▲
Formation expenses20€1k-
Fixed assets21/28€746k€1.33M▲
Intangible fixed assets21€739k€739k=
Tangible fixed assets22/27-€587k
Financial fixed assets28€6k€6k=
Current assets29/58€10k€6k▼
Amounts receivable within one year40/41€7k€5k▼
Cash at bank and in hand54/58€3k€988▼
Equity and liabilities
Total equity and liabilities10/49€757k€1.34M▲
Equity10/15€238k€51k▼
Contributions10/11€569k-
Profit (loss) carried forward14€-331k€-518k▼
Amounts payable17/49€519k€1.29M▲
Amounts payable after more than one year17-€897k
Amounts payable within one year42/48€519k€392k▼
Trade debts44€19k€69k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Gross operating margin9900€-105k€-167k▼
Operating profit (loss)9901€-175k€-169k▲
Recurring financial income75€0€1▲
Recurring financial charges65€4k€18k▲
Profit (loss) for the period before taxes9903€-179k€-187k▼
Profit (loss) for the period9904€-179k€-187k▼
Profit (loss) for the period to be appropriated9905€-179k€-187k▼
Timeline · acts, filings and financial milestones
2025
29-01
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · event 23-01-2025
2022
04-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 28-02-2022
2021
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 151 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 516 days late
2020
31-12
Financial
Weakest financial yearnet €-187k
Net result drops to €-187k, the lowest in the series.
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERARD LEPLAT CHAUSSEE DE LOUVAIN 241,
1410 WATERLOO |
28-02-2022 → 23-01-2025 |