FRIENDS C.W.
InactiveFRIENDS C.W. was declared bankrupt on 05-12-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 17-09-2024, published in the Belgian State Gazette on 24-09-2024.
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 31-03-2023, 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
31-03-2023 close31-10-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 08-11-2022, 8 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 filed
2024
not filed
2023
not filed
2022
8 d late
2021
2 d late
2020
11 d late
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-54k▼ 11.5%
2021 · €-49k
2019: €-30k
2020: €-48k
2021: €-49k
2019 → 2022
Total assets
€2k▼ 53.2%
2021 · €3k
2019: €3k
2020: €415
2021: €3k
2019 → 2022
Net result
€-6k▼ 461%
2021 · €-1k
2019: €-2k
2020: €-18k
2021: €-1k
2019 → 2022
Working capital
€-54k▼ 11.5%
2021 · €-49k
2019: €-30k
2020: €-48k
2021: €-49k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-30k-€-48k▼ 61.1%€-49k▼ 2.1%€-54k▼ 11.5%
Operating result€-2k-€-18k▼ 695%€-732▲ 95.9%€-5k▼ 632%
Net result€-2k-€-18k▼ 633%€-1k▲ 94.5%€-6k▼ 461%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2022 against €732 in 2021; the loss grows.
Key figures and ratios
Debt
€56k▲
2021 · €52k
Debt ≤ 1 year
€56k▲
2021 · €52k
Staff costs
€26k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2022 against 2021 · 29 lines
Balance sheet
Code20212022
Assets
Total assets20/58€3k€2k▼
Current assets29/58€3k€2k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40-€2k
Cash at bank and in hand54/58€75€104▲
Equity and liabilities
Total equity and liabilities10/49€3k€2k▼
Equity10/15€-49k€-54k▼
Contributions10/11-€19k
Profit (loss) carried forward14€-67k€-73k▼
Amounts payable17/49€52k€56k▲
Amounts payable within one year42/48€52k€56k▲
Trade debts44€2k€4k▲
Suppliers440/4-€4k
Taxes, remuneration and social security45-€7k
Taxes450/3-€5k
Remuneration and social security454/9-€3k
Other amounts payable47/48-€45k
Income statement
Code20212022
Remuneration, social security and pensions62-€26k
Other operating charges640/8-€600
Gross operating margin9900€22k€21k▼
Operating profit (loss)9901€-732€-5k▼
Recurring financial income75€0-
Financial charges65/66B-€254
Recurring financial charges65€269€254▼
Profit (loss) for the period before taxes9903€-1k€-6k▼
Profit (loss) for the period9904€-1k€-6k▼
Profit (loss) for the period to be appropriated9905€-1k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-73k
Profit (loss) brought forward from the previous period14P-€-67k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · FRIENDS C.W. BV BARASTRAAT 1/A, 1070 ANDERLECHT · event 17-09-2024
2023
11-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FRIENDS C.W. BV BARA- STRAAT 1/A, 1070 ANDERLECHT · event 05-12-2023
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
31-03
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
16-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
2014
22-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
27-11
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
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
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 | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
05-12-2023 → 17-09-2024 |