GLEKO SERV
InactiveGLEKO SERV was declared bankrupt on 01-02-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 07-03-2023, published in the Belgian State Gazette on 15-03-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 14-09-2021, 45 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
45 d late
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 46 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 2020, micro schema
Turnover
€70,159
EBIT margin
13.3%
Net result
€4,338
2019 · -€15,265
Working capital
€9,997▲ 111%
2019 · €4,738
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
Line201820192020
Turnover€70,159-
Operating result€9,354--€14,767€4,388
Net result€5,703--€15,265€4,338
EBIT margin13.3%-
Equity€22,222-€6,957▼ 68.7%€11,295▲ 62.4%
Total assets€93,958-€100,923▲ 7.4%€54,899▼ 45.6%
Debt€71,736-€93,966▲ 31.0%€43,604▼ 53.6%
Working capital€22,696-€4,738▼ 79.1%€9,997▲ 111%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €4,388 after a loss of €14,767 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €54,899
Fixed assets
€1,297 ▼ 41.5%
Current assets
€53,602 ▼ 45.7%
Equity and liabilities €54,899
Equity
€11,295 ▲ 62.4%
Debt
€43,604 ▼ 53.6%
Debt's share of the balance-sheet total falls from 93.1% to 79.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5,309▲
2019 · -€13,668
Cash flow
€5,260▲
2019 · -€14,166
Current ratio
1.23▲
2019 · 1.05
ROE
38.4%▲
2019 · -219.4%
ROA
7.9%▲
2019 · -15.1%
Debt ≤ 1 year
€43,604▼
2019 · €93,966
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €70,159 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,327 | €1,099 | €921 | ▼ 16.1% |
| Gross operating margin9900 | €16,768 | -€13,034 | €5,618 | ▲ 143% |
| Operating profit (loss)9901 | €9,354 | -€14,767 | €4,388 | ▲ 130% |
| Recurring financial income75 | €9 | - | €146 | - |
| Recurring financial charges65 | €1,030 | €498 | €196 | ▼ 60.6% |
| Profit (loss) for the period before taxes9903 | €8,333 | -€15,265 | €4,338 | ▲ 128% |
| Income taxes67/77 | €2,631 | - | - | - |
| Profit (loss) for the period9904 | €5,703 | -€15,265 | €4,338 | ▲ 128% |
| Profit (loss) for the period to be appropriated9905 | €5,703 | -€15,265 | €4,338 | ▲ 128% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €93,958 | €100,923 | €54,899 | ▼ 45.6% |
| Fixed assets21/28 | €3,317 | €2,219 | €1,297 | ▼ 41.5% |
| Tangible fixed assets22/27 | €3,317 | €2,219 | €1,297 | ▼ 41.5% |
| Current assets29/58 | €90,640 | €98,704 | €53,602 | ▼ 45.7% |
| Amounts receivable within one year40/41 | €32,190 | €42,795 | €3,652 | ▼ 91.5% |
| Current investments50/53 | €49,950 | €49,950 | €49,950 | = |
| Cash at bank and in hand54/58 | €8,501 | €5,959 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €93,958 | €100,923 | €54,899 | ▼ 45.6% |
| Equity10/15 | €22,222 | €6,957 | €11,295 | ▲ 62.4% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €15,910 | €15,910 | €15,910 | = |
| Profit (loss) carried forward14 | €112 | -€15,153 | -€10,815 | ▲ 28.6% |
| Amounts payable17/49 | €71,736 | €93,966 | €43,604 | ▼ 53.6% |
| Amounts payable after more than one year17 | €3,792 | - | - | - |
| Amounts payable within one year42/48 | €67,944 | €93,966 | €43,604 | ▼ 53.6% |
| Trade debts44 | €7,878 | €46,953 | €3,205 | ▼ 93.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,703 | -€15,265 | €4,338 | ▲ 128% |
| + Depreciation and write-downs630 | €6,327 | €1,099 | €921 | ▼ 16.1% |
| Operating cash flow (approximation) | €12,030 | -€14,166 | €5,260 | ▲ 137% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€2,541 | - | - |
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
2023
15-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 07-03-2023
2022
09-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 01-02-2022
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial
Back to profitnet €4,338
Net result €4,338 after one loss-making year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Weakest financial yearnet -€15,265
Net result drops to -€15,265, the lowest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
12-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 43 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM NYSMANS BISSCHOPSLAAN 31, 2340 BEERSE- |
01-02-2022 → 07-03-2023 |