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GAPIJOY

Inactive
KBO/BCE: BE 0662.478.524

GAPIJOY was declared bankrupt on 12-12-2022 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 12-12-2023, published in the Belgian State Gazette on 19-12-2023.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 · 5 filings
Position 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 23-06-2022, 38 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
38 d early
2020
44 d early
2019
32 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, full schema

Turnover
€0
2018 · €0
2018: €0
2018 → 2019
EBIT margin
Not included in this filing
Net result
€3k
2020 · €-8k
2018: €4k 2019: €-66k 2020: €-8k
2018 → 2021
Working capital
€-44k▲ 30.4%
2020 · €-63k
2018: €-28k 2019: €-72k 2020: €-63k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Turnover€0-€0
Equity€37k-€-23k€-31k▼ 34.0%€-28k▲ 9.5%
Operating result€-34k-€-114k▼ 238%€-30k▲ 73.5%€-13k▲ 56.2%
Net result€4k-€-66k€-8k▲ 88.1%€3k
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2018: €-34k€-34kNet result 2018: €4k€4kOperating result 2019: €-114k€-114kNet result 2019: €-66k€-66kOperating result 2020: €-30k€-30kNet result 2020: €-8k€-8kOperating result 2021: €-13k€-13kNet result 2021: €3k€3k2018201920202021€-150k€-100k€-50k€0Operating result 2019: €-114k€-114kNet result 2019: €-66k€-66kOperating result 2020: €-30k€-30kNet result 2020: €-8k€-7.8kOperating result 2021: €-13k€-13kNet result 2021: €3k€2.9k201920202021
The operating result stays negative: a loss of €13k in 2021 against €30k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €151k
Fixed assets €30k ▼ 46.4%
Current assets €120k ▲ 4.5%
Key figures and ratios
2021 value · change against 2020
EBITDA
€13k
2020 · €-8k
Cash flow
€29k
2020 · €14k
Solvency
-18.4%
2020 · -17.9%
Current ratio
0.73
2020 · 0.65
Quick ratio
0.38
2020 · 0.36
Debt to equity
-6.42
ROA
1.9%
2020 · -4.5%
Interest coverage
3.83
Debt
€179k
2020 · €203k
Debt ≤ 1 year
€165k
2020 · €179k
Income taxes
€176
2020 · €209
Staff costs
€51k
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 · 48 lines
Balance sheet Code20202021
Assets
Total assets20/58€172k€151k
Fixed assets21/28€57k€30k
Tangible fixed assets22/27€57k€30k
Other tangible fixed assets26-€30k
Current assets29/58€115k€120k
Stocks and contracts in progress3€51k€57k
Stocks30/36-€57k
Amounts receivable within one year40/41€55k€51k
Trade receivables40-€48k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€7k€12k
Deferred charges and accrued income490/1-€619
Equity and liabilities
Total equity and liabilities10/49€172k€151k
Equity10/15€-31k€-28k
Contributions10/11-€19k
Reserves13€1k€1k=
Non-distributable reserves130/1-€1k
Reserves not available under the articles1311-€1k
Profit (loss) carried forward14€-51k€-48k
Amounts payable17/49€203k€179k
Amounts payable within one year42/48€179k€165k
Current portion of amounts payable after more than one year42-€48k
Financial debts43-€50k
Credit institutions430/8-€50k
Trade debts44€114k€62k
Suppliers440/4-€62k
Taxes, remuneration and social security45-€5k
Taxes450/3-€176
Remuneration and social security454/9-€5k
Other amounts payable47/48-€8
Accrued charges and deferred income492/3-€14k
Income statement Code20202021
Non-recurring operating income76A-€53k
Remuneration, social security and pensions62-€51k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€26k
Other operating charges640/8-€323
Gross operating margin9900€42k€65k
Operating profit (loss)9901€-30k€-13k
Financial income75/76B-€20k
Recurring financial income75€26k€20k
Financial charges65/66B-€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€-8k€3k
Income taxes67/77€209€176
Profit (loss) for the period9904€-8k€3k
Profit (loss) for the period to be appropriated9905€-8k€3k
Appropriation of the result
Profit (loss) to be appropriated9906-€-48k
Profit (loss) brought forward from the previous period14P-€-51k
Social balance
Average headcount (FTE)9087-2.9

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
19-12
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · GAPIJOY SRL RUE DE HUY 248, 4300 WAREMME. déclarée le 12 décembre 2022 · event 12-12-2023
2022
16-12
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · GAPIJOY SRL RUE DE HUY 248, 4300 WAREMME · event 12-12-2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €3k
Net result €3k after 2 loss-making years.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €-66k ▼1934%
Net result drops to €-66k, the lowest in the series.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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

2 mandates
Role Name Tenure
Curator ALAIN BODEUS
QUAI DE ROME 19/8, 4000 LIEGE 1-
12-12-202212-12-2023
Curator JEAN-PHILIPPE RENAUD
QUAI DES ARDENNES 65, 4020 LIEGE 2- . 97621 BELGISCH STAATSBLAD — 16.12.2022 — MONITEUR BELGE
12-12-202212-12-2023