Friends
InactiveFriends was declared bankrupt on 24-09-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-09-2025, published in the Belgian State Gazette on 23-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-05-2024, 287 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
287 d late
2019
69 d late
2018
on the day
2017
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 89 days after the deadline; 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 2022, micro schema
Equity
-€32,103
2019 · €12,588
Total assets
€52,634▼ 28.1%
2019 · €73,214
Net result
-€21,898▼ 473%
2019 · -€3,823
Working capital
-€28,781
2019 · €14,866
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
Line201820192022
Operating result-€1,517--€3,046▼ 101%-€18,308-
Net result-€1,281--€3,823▼ 198%-€21,898-
Equity€16,412-€12,588▼ 23.3%-€32,103-
Total assets€27,890-€73,214▲ 163%€52,634-
Debt€11,479-€60,625▲ 428%€84,737-
Working capital€15,628-€14,866▼ 4.9%-€28,781-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€18,308 in 2022, compared with -€3,046 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2019 as the grey bar beneath
Assets €52,634
Fixed assets
€283 =
Current assets
€52,351 ▼ 28.2%
Key figures and ratios
Solvency
-61.0%▼
2019 · 17.2%
Current ratio
0.65▼
2019 · 1.26
Quick ratio
0.35▼
2019 · 0.83
Debt to equity
-2.64
ROA
-41.6%▼
2019 · -5.2%
Debt ≤ 1 year
€81,132▲
2019 · €58,064
Income taxes
€733▲
2019 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2022 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €500 | €500 | - | - |
| Other operating charges640/8 | - | - | €2,863 | - |
| Gross operating margin9900 | €883 | -€401 | -€15,445 | - |
| Operating profit (loss)9901 | -€1,517 | -€3,046 | -€18,308 | - |
| Financial income75/76B | - | - | €97 | - |
| Recurring financial income75 | €2,001 | €230 | €97 | - |
| Financial charges65/66B | - | - | €2,953 | - |
| Recurring financial charges65 | €1,766 | €1,007 | €2,953 | - |
| Profit (loss) for the period before taxes9903 | -€1,281 | -€3,823 | -€21,165 | - |
| Income taxes67/77 | €0 | €0 | €733 | - |
| Profit (loss) for the period9904 | -€1,281 | -€3,823 | -€21,898 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,281 | -€3,823 | -€21,898 | - |
| Line | 2018 | 2019 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €27,890 | €73,214 | €52,634 | - |
| Fixed assets21/28 | €783 | €283 | €283 | - |
| Tangible fixed assets22/27 | €500 | - | - | - |
| Financial fixed assets28 | €283 | €283 | €283 | - |
| Current assets29/58 | €27,107 | €72,930 | €52,351 | - |
| Amounts receivable after more than one year29 | - | - | €375 | - |
| Other amounts receivable291 | - | - | €375 | - |
| Stocks and contracts in progress3 | €25,010 | €24,554 | €24,000 | - |
| Stocks30/36 | - | - | €24,000 | - |
| Amounts receivable within one year40/41 | €192 | €46,318 | €26,974 | - |
| Trade receivables40 | - | - | €26,654 | - |
| Other amounts receivable41 | - | - | €320 | - |
| Cash at bank and in hand54/58 | €908 | €1,061 | €1,002 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €27,890 | €73,214 | €52,634 | - |
| Equity10/15 | €16,412 | €12,588 | -€32,103 | - |
| Contributions10/11 | €17,105 | €17,105 | €17,105 | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | - |
| Non-distributable reserves130/1 | - | - | €1,859 | - |
| Reserves not available under the articles1311 | - | - | €1,859 | - |
| Profit (loss) carried forward14 | -€2,552 | -€6,375 | -€51,067 | - |
| Amounts payable17/49 | €11,479 | €60,625 | €84,737 | - |
| Amounts payable within one year42/48 | €11,479 | €58,064 | €81,132 | - |
| Financial debts43 | - | - | €9,974 | - |
| Credit institutions430/8 | - | - | €9,974 | - |
| Trade debts44 | €1,944 | €54,492 | €27,803 | - |
| Suppliers440/4 | - | - | €27,803 | - |
| Taxes, remuneration and social security45 | - | - | €273 | - |
| Taxes450/3 | - | - | €273 | - |
| Other amounts payable47/48 | - | - | €43,083 | - |
| Accrued charges and deferred income492/3 | - | - | €3,605 | - |
| Line | 2018 | 2019 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,281 | -€3,823 | -€21,898 | - |
| + Depreciation and write-downs630 | €500 | €500 | - | - |
| Operating cash flow (approximation) | -€781 | -€3,323 | -€21,898 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €153 | - | - |
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
2025
23-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-09-2025
2024
30-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-09-2024
13-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 287 days late
2022
31-12
Financial
Weakest financial yearnet -€21,898
Net result drops to -€21,898, the lowest in the series.
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
13-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 13 days late
2013
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
24-09-2024 → 16-09-2025 |