GARTO
InactiveGARTO was declared bankrupt on 07-03-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 02-07-2024, published in the Belgian State Gazette on 05-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2015.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2016 close31-01-2017 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2015 was due by 31-01-2016 and was filed on 30-12-2015, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2015, abbreviated schema
Equity
€-719
2013 · €7k
2011: €12k
2013: €7k
2011 → 2015
Total assets
€15k▼ 14.0%
2013 · €18k
2011: €12k
2013: €18k
2011 → 2015
Net result
€-3k▲ 6.3%
2013 · €-4k
2013: €-4k
2013 → 2015
Working capital
€-2k
2013 · €7k
2013: €7k
2013 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201120132015Trend
Equity€12k-€7k▼ 39.8%€-719
Operating result€-2k€-2k▼ 5.3%
Net result€-4k€-3k▲ 6.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-2k in 2015, compared with €-2k in 2013. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Assets €15k
Fixed assets
€833
Current assets
€15k
Key figures and ratios
EBITDA
€-1k
Cash flow
€-3k
Solvency
-4.6%▼
2013 · 41.5%
Current ratio
0.90▼
2013 · 1.71
ROA
-22.3%▼
2013 · -20.5%
Debt
€16k▲
2013 · €11k
Debt ≤ 1 year
€16k▲
2013 · €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 · 2015 against 2013 · 20 lines
Balance sheet
Code20132015
Assets
Total assets20/58€18k€15k▼
Fixed assets21/28-€833
Tangible fixed assets22/27-€833
Current assets29/58€18k€15k▼
Amounts receivable within one year40/41€17k€14k▼
Cash at bank and in hand54/58€622€325▼
Equity and liabilities
Total equity and liabilities10/49€18k€15k▼
Equity10/15€7k€-719▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-5k€-13k▼
Amounts payable17/49€11k€16k▲
Amounts payable within one year42/48€11k€16k▲
Trade debts44-€849
Income statement
Code20132015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€833
Gross operating margin9900€-390€266▲
Operating profit (loss)9901€-2k€-2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-4k€-3k▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Timeline · acts, filings and financial milestones
2024
05-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · GARTO BV MERCATORPAD 1, 4DE VERDIEPING, 3000 LEUVEN · event 02-07-2024
13-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · GARTO BV MERCATORPAD 1, 4DE VERDIEPING, 3000 LEUVEN · event 07-03-2024
2015
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
14-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 14 days late
2012
16-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 16 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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 | ILSE VAN DE MIEROP WOLSTRAAT 70, 1000 BRUSSEL 1- |
07-03-2024 → 02-07-2024 |