FONTAINE CONIL
Open bankruptcyA bankruptcy procedure is open for FONTAINE CONIL according to publications in the Belgian State Gazette; curator: ELODIE THUNUS.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 24-06-2022, 37 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
37 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€11k▼ 34.0%
2020 · €17k
2018: €9k
2019: €9k
2020: €17k
2018 → 2021
Total assets
€37k▼ 36.2%
2020 · €59k
2018: €25k
2019: €29k
2020: €59k
2018 → 2021
Net result
€-6k
2020 · €27k
2018: €6k
2019: €10k
2020: €27k
2018 → 2021
Working capital
€-12k▼ 94.6%
2020 · €-6k
2018: €3k
2019: €4k
2020: €-6k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€9k-€9k▲ 6.8%€17k▲ 74.1%€11k▼ 34.0%
Operating result€8k-€16k▲ 115%€36k▲ 120%€-6k
Net result€6k-€10k▲ 65.7%€27k▲ 165%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €6k after €36k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €37k
Fixed assets
€27k ▼ 24.7%
Current assets
€11k ▼ 54.1%
Equity and liabilities €37k
Equity
€11k ▼ 34.0%
Debt
€27k ▼ 37.1%
Debt's share of the balance-sheet total falls from 71.9% to 70.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2020 · €40k
Cash flow
€3k▼
2020 · €31k
Current ratio
0.48▼
2020 · 0.79
Debt to equity
2.44▲
2020 · 0.80
ROE
-51.5%▼
2020 · 163.6%
ROA
-15.0%▼
2020 · 46.0%
Interest coverage
10.09
Debt ≤ 1 year
€22k▼
2020 · €29k
Debt > 1 year
€4k▼
2020 · €13k
Income taxes
€132▼
2020 · €11k
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 · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€59k€37k▼
Fixed assets21/28€36k€27k▼
Tangible fixed assets22/27€36k€27k▼
Plant, machinery and equipment23-€221
Furniture and vehicles24-€27k
Current assets29/58€23k€11k▼
Amounts receivable within one year40/41€16k€8k▼
Trade receivables40-€5k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€59k€37k▼
Equity10/15€17k€11k▼
Contributions10/11-€6k
Reserves13€9k€9k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€7k
Profit (loss) carried forward14€2k€-4k▼
Amounts payable17/49€42k€27k▼
Amounts payable after more than one year17€13k€4k▼
Financial debts170/4-€4k
Amounts payable within one year42/48€29k€22k▼
Current portion of amounts payable after more than one year42-€9k
Trade debts44€3k€4k▲
Suppliers440/4-€4k
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€9k▲
Other operating charges640/8-€666
Gross operating margin9900€41k€4k▼
Operating profit (loss)9901€36k€-6k▼
Financial income75/76B-€394
Recurring financial income75€2k€394▼
Financial charges65/66B-€324
Recurring financial charges65€529€324▼
Profit (loss) for the period before taxes9903€38k€-5k▼
Income taxes67/77€11k€132▼
Profit (loss) for the period9904€27k€-6k▼
Profit (loss) for the period to be appropriated9905€27k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-4k
Profit (loss) brought forward from the previous period14P-€2k
Return on contributions (dividend)694€20k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
17-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · FONTAINE CONIL SPRL RUE DES CONSOUX 31, 4970 STAVELOT · event 07-11-2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼121%
Net result drops to €-6k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €27k ▲165%
Operating result €36k, net result €27k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELODIE THUNUS BOULEVARD FRèRE ORBAN 10,
4000 LIEGE 1 |
07-11-2022 → present |