FINMAX
InactiveFINMAX was declared bankrupt on 08-09-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 09-05-2023, published in the Belgian State Gazette on 26-05-2023.
Summary
Inactive; last annual accounts for fiscal year 2017.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 08-02-2018, 173 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2017
173 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2017 accounts 173 days before the deadline; the Belgian median for financial year 2017 is 4 days before the deadline, and 41% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, full schema
Turnover
€37,000
EBIT margin
6.6%
Net result
€1,764
Working capital
€12,072
Balance-sheet composition
Assets €48,298
Fixed assets
€8,392
Current assets
€39,906
Equity and liabilities €48,298
Equity
€20,464
Debt
€27,834
Debt finances 57.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€6,638
Cash flow
€5,960
Current ratio
1.43
ROE
8.6%
ROA
3.7%
Debt ≤ 1 year
€27,834
Income taxes
€500
Annual accounts
| Line | 2017 |
|---|---|
| Turnover70 | €37,000 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,196 |
| Gross operating margin9900 | €19,740 |
| Operating profit (loss)9901 | €2,442 |
| Recurring financial income75 | €17 |
| Recurring financial charges65 | €195 |
| Profit (loss) for the period before taxes9903 | €2,264 |
| Income taxes67/77 | €500 |
| Profit (loss) for the period9904 | €1,764 |
| Profit (loss) for the period to be appropriated9905 | €1,764 |
| Line | 2017 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €48,298 | |
| Fixed assets21/28 | €8,392 | |
| Tangible fixed assets22/27 | €8,392 | |
| Current assets29/58 | €39,906 | |
| Amounts receivable within one year40/41 | €35,980 | |
| Cash at bank and in hand54/58 | €1,926 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €48,298 | |
| Equity10/15 | €20,464 | |
| Contributions10/11 | €18,700 | |
| Reserves13 | €88 | |
| Profit (loss) carried forward14 | €1,676 | |
| Amounts payable17/49 | €27,834 | |
| Amounts payable within one year42/48 | €27,834 | |
| Trade debts44 | €3,056 | |
| Line | 2017 |
|---|---|
| Profit (loss) for the period9904 | €1,764 |
| + Depreciation and write-downs630 | €4,196 |
| Operating cash flow (approximation) | €5,960 |
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
2023
26-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-05-2023
2022
15-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 08-09-2022
2019
08-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 02-07-2019
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
SignalNBB filing
0 of 6 acts read
About the unread acts
We know of 6 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
6 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 | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
08-09-2022 → 09-05-2023 |
| Curator | DORIEN AVAUX V. NONNEMANSSTRAAT 15B,
1600 SINT-PIETERS-LEEUW |
02-07-2019 → 09-05-2023 |