Financials
- Financial year
- 2020
- Total assets
- €173,923
- Loss
- -€113,676
- Solvency
- -80.1%
Total assets▼ 20.5%
Net result
20192020
FLANDERS LUBRICANTS
InactiveFLANDERS LUBRICANTS was declared bankrupt on 16-11-2021 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 22-12-2025, published in the Belgian Official Gazette on 30-12-2025.
Summary
Inactive; last annual accounts for financial year 2020.
Overview
Activity
Activity not known
Size
€173,923total assets 2020
- Equity
- -€139,356
- Loss
- -€113,676
Turnover not published (abbreviated or micro format)
Financial health
Inactive: no score
Structure
- Parent
- Bruthico
0 of 3 deeds read
SignalsneutralPrior bankruptcyNo filing for yearsFiled after the deadlineShow the evidence
Signals
Three signals.
neutral
neutral · No filing for years
The last filed financial year closed on 31-03-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-03-2021 year end31-10-2021 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2020 was due by 31-10-2020 and was filed on 01-12-2020, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2021
not filed
2020
31 days late
2019
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 43 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (insufficient assets)Enterprise Court of Ghent, Kortrijk…
- Supervising judge replacedEnterprise Court of Ghent, Kortrijk…
- OpeningEnterprise Court of Ghent, Kortrijk…
Key points
By topic
Board & ownership
- Parent
- Bruthico
Timeline
- Events
- 5
- Since
- 2019
- 01-12-2020Annual accounts filed
- 24-12-2019Annual accounts filed
Company details
- Year ends
- 31-03
- Peppol
- Not found in the Peppol directory