FISHTANK
InactiveFISHTANK was declared bankrupt on 17-05-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 26-09-2023, published in the Belgian State Gazette on 03-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2017.
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 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 28-09-2018, 59 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 2017, micro schema
Equity
€1,426▼ 70.9%
2016 · €4,899
Total assets
€11,041▼ 23.7%
2016 · €14,479
Net result
-€3,473
2016 · €5,782
Working capital
-€2,276
2016 · €2,299
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€476-€11,738▲ 2,366%-€10,272€7,787-€1,833
Net result€238-€11,057▲ 4,546%-€10,238€5,782-€3,473
Equity€8,298-€9,355▲ 12.7%-€883€4,899€1,426▼ 70.9%
Total assets€63,095-€44,471▼ 29.5%€18,833▼ 57.7%€14,479▼ 23.1%€11,041▼ 23.7%
Debt€54,797-€35,116▼ 35.9%€19,716▼ 43.9%€9,580▼ 51.4%€9,615▲ 0.4%
Working capital€8,400-€9,028▲ 7.5%-€1,046€2,299-€2,276
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €1,833 after €7,787 in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €11,041
Fixed assets
€4,019 ▲ 54.6%
Current assets
€7,022 ▼ 40.9%
Equity and liabilities €11,041
Equity
€1,426 ▼ 70.9%
Debt
€9,615 ▲ 0.4%
Debt's share of the balance-sheet total rises from 66.2% to 87.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,124
Cash flow
-€2,764
Current ratio
0.76▼
2016 · 1.24
ROE
-243.5%▼
2016 · 118.0%
ROA
-31.5%▼
2016 · 39.9%
Debt ≤ 1 year
€9,298▼
2016 · €9,580
Income taxes
-€2▼
2016 · €2,109
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €571 | €571 | €164 | - | €709 | - |
| Gross operating margin9900 | €3,787 | €4,977 | -€2,665 | €7,937 | -€459 | ▼ 106% |
| Operating profit (loss)9901 | €476 | €11,738 | -€10,272 | €7,787 | -€1,833 | ▼ 124% |
| Recurring financial income75 | €158 | €5 | €96 | - | - | - |
| Recurring financial charges65 | €143 | €274 | €60 | €600 | €1,642 | ▲ 174% |
| Profit (loss) for the period before taxes9903 | €491 | €11,469 | -€10,236 | €7,891 | -€3,475 | ▼ 144% |
| Income taxes67/77 | €253 | €412 | €2 | €2,109 | -€2 | ▼ 100% |
| Profit (loss) for the period9904 | €238 | €11,057 | -€10,238 | €5,782 | -€3,473 | ▼ 160% |
| Profit (loss) for the period to be appropriated9905 | €238 | €11,057 | -€10,238 | €5,782 | -€3,473 | ▼ 160% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,095 | €44,471 | €18,833 | €14,479 | €11,041 | ▼ 23.7% |
| Fixed assets21/28 | €898 | €327 | €163 | €2,600 | €4,019 | ▲ 54.6% |
| Tangible fixed assets22/27 | €898 | €327 | €163 | - | €1,419 | - |
| Financial fixed assets28 | - | - | - | €2,600 | €2,600 | = |
| Current assets29/58 | €62,197 | €44,144 | €18,670 | €11,879 | €7,022 | ▼ 40.9% |
| Amounts receivable within one year40/41 | €42,154 | €29,243 | €4,712 | €10,667 | €7,022 | ▼ 34.2% |
| Cash at bank and in hand54/58 | €19,988 | €14,856 | €13,958 | €1,212 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,095 | €44,471 | €18,833 | €14,479 | €11,041 | ▼ 23.7% |
| Equity10/15 | €8,298 | €9,355 | -€883 | €4,899 | €1,426 | ▼ 70.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €238 | €1,295 | -€8,943 | -€3,161 | -€6,634 | ▼ 110% |
| Amounts payable17/49 | €54,797 | €35,116 | €19,716 | €9,580 | €9,615 | ▲ 0.4% |
| Amounts payable within one year42/48 | €53,797 | €35,116 | €19,716 | €9,580 | €9,298 | ▼ 2.9% |
| Trade debts44 | €28,618 | €19,325 | €19,637 | €5,632 | €1,500 | ▼ 73.4% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €238 | €11,057 | -€10,238 | €5,782 | -€3,473 | ▼ 160% |
| + Depreciation and write-downs630 | €571 | €571 | €164 | - | €709 | - |
| Operating cash flow (approximation) | €809 | €11,628 | -€10,074 | €5,782 | -€2,764 | ▼ 148% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,437 | -€2,128 | ▲ 12.7% |
| Change in cash | - | -€5,132 | -€898 | -€12,746 | - | - |
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
03-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 26-09-2023
2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 17-05-2022
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-12
Financial
Back to profitnet €5,782
Net result €5,782 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
31-12
Financial
Weakest financial yearnet -€10,238
Net result drops to -€10,238, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
31-12
Financial
Highest result since 2013net €11,057 ▲4,546%
Operating result €11,738, net result €11,057, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 26 days late
2013
08-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
Show earlier events
2011
22-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
11-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 11 days late
2009
19-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | WARD VAN MELDERT KUNSTLAAN 24/9B,
1000 BRUSSEL 1 |
17-05-2022 → 26-09-2023 |