GOLDLINES
Open bankruptcyA bankruptcy procedure is open for GOLDLINES according to publications in the Belgian State Gazette; curator: THEO MACOURS.
Summary
The 2022 annual accounts show equity of €276k and a net result of €27k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-03-2023, 125 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
125 d early
2021
16 d early
2020
29 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€276k▲ 10.7%
2021 · €249k
2018: €200klowest in 5 years
2019: €213k▲ +6.7% vs 2018
2020: €243k▲ +13.9% vs 2019
2021: €249k▲ +2.7% vs 2020
2022: €276k▲ +10.7% vs 2021highest in 5 years
2018 → 2022
Total assets
€571k▲ 17.2%
2021 · €488k
2018: €758khighest in 5 years
2019: €495k▼ -34.7% vs 2018
2020: €583k▲ +17.8% vs 2019
2021: €488k▼ -16.4% vs 2020lowest in 5 years
2022: €571k▲ +17.2% vs 2021
2018 → 2022
Net result
€27k▲ 304%
2021 · €7k
2018: €14k
2019: €13k▼ -2.0% vs 2018
2020: €30k▲ +121% vs 2019highest in 5 years
2021: €7k▼ -77.6% vs 2020lowest in 5 years
2022: €27k▲ +304% vs 2021
2018 → 2022
Working capital
€257k▲ 14.2%
2021 · €225k
2018: €153klowest in 5 years
2019: €177k▲ +15.4% vs 2018
2020: €213k▲ +20.6% vs 2019
2021: €225k▲ +5.3% vs 2020
2022: €257k▲ +14.2% vs 2021highest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€200k-€213k▲ 6.7%€243k▲ 13.9%€249k▲ 2.7%€276k▲ 10.7%
2018: €200klowest in 5 years
2019: €213k▲ +6.7% vs 2018
2020: €243k▲ +13.9% vs 2019
2021: €249k▲ +2.7% vs 2020
2022: €276k▲ +10.7% vs 2021highest in 5 years
Operating result€20k-€18k▼ 12.7%€36k▲ 102%€7k▼ 81.1%€35k▲ 410%
2018: €20k
2019: €18k▼ -12.7% vs 2018
2020: €36k▲ +102% vs 2019highest in 5 years
2021: €7k▼ -81.1% vs 2020lowest in 5 years
2022: €35k▲ +410% vs 2021
Net result€14k-€13k▼ 2.0%€30k▲ 121%€7k▼ 77.6%€27k▲ 304%
2018: €14k
2019: €13k▼ -2.0% vs 2018
2020: €30k▲ +121% vs 2019highest in 5 years
2021: €7k▼ -77.6% vs 2020lowest in 5 years
2022: €27k▲ +304% vs 2021
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 410% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €571k
Fixed assets
€19k ▼ 21.4%
Current assets
€552k ▲ 19.2%
Equity and liabilities €571k
Equity
€276k ▲ 10.7%
Debt
€295k ▲ 24.0%
Debt's share of the balance-sheet total rises from 48.9% to 51.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▲
2021 · €12k
Cash flow
€32k▲
2021 · €12k
Current ratio
1.87▼
2021 · 1.94
Quick ratio
1.05▲
2021 · 0.99
Debt to equity
1.07▲
2021 · 0.96
ROE
9.7%▲
2021 · 2.7%
ROA
4.7%▲
2021 · 1.4%
Interest coverage
97.22▲
2021 · 35.16
Debt ≤ 1 year
€295k▲
2021 · €238k
Income taxes
€8k
Staff costs
€42k▲
2021 · €23k
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 · 46 lines
Balance sheet
Code20212022
Assets
Total assets20/58€488k€571k▲
Fixed assets21/28€25k€19k▼
Tangible fixed assets22/27€25k€19k▼
Land and buildings22€23k€18k▼
Plant, machinery and equipment23€830€411▼
Other tangible fixed assets26€620€496▼
Current assets29/58€463k€552k▲
Stocks and contracts in progress3€228k€242k▲
Stocks30/36€228k€242k▲
Amounts receivable within one year40/41€29k€199k▲
Trade receivables40€2k€168k▲
Other amounts receivable41€27k€31k▲
Cash at bank and in hand54/58€205k€111k▼
Deferred charges and accrued income490/1€529€604▲
Equity and liabilities
Total equity and liabilities10/49€488k€571k▲
Equity10/15€249k€276k▲
Contributions10/11€50k€50k=
Reserves13€199k€226k▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€194k€221k▲
Amounts payable17/49€238k€295k▲
Amounts payable within one year42/48€238k€295k▲
Trade debts44€4k€95k▲
Suppliers440/4€4k€95k▲
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3€815€9k▲
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€226k€182k▼
Income statement
Code20212022
Remuneration, social security and pensions62€23k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€41k€88k▲
Operating profit (loss)9901€7k€35k▲
Financial income75/76B€105€10▼
Recurring financial income75€105€10▼
Financial charges65/66B€345€414▲
Recurring financial charges65€345€414▲
Profit (loss) for the period before taxes9903€7k€35k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€7k€27k▲
Profit (loss) for the period to be appropriated9905€7k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€27k▲
Transfer to equity691/2€7k€27k▲
To other reserves6921€7k€27k▲
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €23k | €42k | ▲ 82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €7k | €5k | €5k | ▼ 0.4% |
| Other operating charges640/8 | - | - | - | €6k | €5k | ▼ 15.4% |
| Gross operating margin9900 | €35k | €41k | €71k | €41k | €88k | ▲ 112% |
| Operating profit (loss)9901 | €20k | €18k | €36k | €7k | €35k | ▲ 410% |
| Financial income75/76B | - | - | - | €105 | €10 | ▼ 90.4% |
| Recurring financial income75 | €1 | €3k | €330 | €105 | €10 | ▼ 90.4% |
| Financial charges65/66B | - | - | - | €345 | €414 | ▲ 19.8% |
| Recurring financial charges65 | €4k | €1k | €287 | €345 | €414 | ▲ 19.8% |
| Profit (loss) for the period before taxes9903 | €17k | €19k | €36k | €7k | €35k | ▲ 423% |
| Income taxes67/77 | €3k | €6k | €7k | - | €8k | - |
| Profit (loss) for the period9904 | €14k | €13k | €30k | €7k | €27k | ▲ 304% |
| Profit (loss) for the period to be appropriated9905 | €14k | €13k | €30k | €7k | €27k | ▲ 304% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €758k | €495k | €583k | €488k | €571k | ▲ 17.2% |
| Fixed assets21/28 | €46k | €36k | €29k | €25k | €19k | ▼ 21.4% |
| Tangible fixed assets22/27 | €46k | €36k | €29k | €25k | €19k | ▼ 21.4% |
| Land and buildings22 | - | - | - | €23k | €18k | ▼ 20.4% |
| Plant, machinery and equipment23 | - | - | - | €830 | €411 | ▼ 50.5% |
| Other tangible fixed assets26 | - | - | - | €620 | €496 | ▼ 20.0% |
| Current assets29/58 | €712k | €459k | €554k | €463k | €552k | ▲ 19.2% |
| Stocks and contracts in progress3 | €161k | €97k | €214k | €228k | €242k | ▲ 5.9% |
| Stocks30/36 | - | - | - | €228k | €242k | ▲ 5.9% |
| Amounts receivable within one year40/41 | €36k | €216k | €52k | €29k | €199k | ▲ 586% |
| Trade receivables40 | - | - | - | €2k | €168k | ▲ 7,733% |
| Other amounts receivable41 | - | - | - | €27k | €31k | ▲ 14.7% |
| Cash at bank and in hand54/58 | €228k | €145k | €288k | €205k | €111k | ▼ 45.9% |
| Deferred charges and accrued income490/1 | - | - | - | €529 | €604 | ▲ 14.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €758k | €495k | €583k | €488k | €571k | ▲ 17.2% |
| Equity10/15 | €200k | €213k | €243k | €249k | €276k | ▲ 10.7% |
| Contributions10/11 | €50k | €50k | - | €50k | €50k | = |
| Reserves13 | €150k | €163k | €193k | €199k | €226k | ▲ 13.4% |
| Non-distributable reserves130/1 | - | - | - | €5k | €5k | = |
| Reserves not available under the articles1311 | - | - | - | €5k | €5k | = |
| Distributable reserves133 | - | - | - | €194k | €221k | ▲ 13.7% |
| Amounts payable17/49 | €558k | €282k | €340k | €238k | €295k | ▲ 24.0% |
| Amounts payable within one year42/48 | €558k | €282k | €340k | €238k | €295k | ▲ 24.0% |
| Trade debts44 | €296k | €5k | €4k | €4k | €95k | ▲ 2,253% |
| Suppliers440/4 | - | - | - | €4k | €95k | ▲ 2,253% |
| Taxes, remuneration and social security45 | - | - | - | €8k | €18k | ▲ 132% |
| Taxes450/3 | - | - | - | €815 | €9k | ▲ 950% |
| Remuneration and social security454/9 | - | - | - | €7k | €10k | ▲ 37.8% |
| Other amounts payable47/48 | - | - | - | €226k | €182k | ▼ 19.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €13k | €30k | €7k | €27k | ▲ 304% |
| + Depreciation and write-downs630 | €11k | €11k | €7k | €5k | €5k | ▼ 0.4% |
| Operating cash flow (approximation) | €25k | €24k | €37k | €12k | €32k | ▲ 168% |
| Investment in fixed assets (approximation) | - | €-759 | €0 | €-660 | €0 | ▲ 100% |
| Change in cash | - | €-82k | €143k | €-83k | €-94k | ▼ 14.1% |
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
26-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 19-07-2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €7k ▼77.6%
Net result drops to €7k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €30k ▲121%
Operating result €36k, net result €30k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €213k ▲6.7%
2 profitable years in a row build equity to €213k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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
Registered office, Hasselt · 1 establishment unit since 2006
Ground area
3,013 m²
Building footprint
152 m²
Volume, LiDAR
2,059 m³
Parcel 71022H0794/00N000, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Goldlines bvba
since 20062.155.360.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0794/00N000 | Flanders | 3,013 m² | 1 · 152 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THEO MACOURS EERSELS 56, 3980 TESSENDERLO- |
19-07-2023 → present |
Recognitions · licences · registrations
Legal Entity Identifier
549300GDYZTKHNG79V34
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Of 2,016 companies in sector 47770 we hold annual accounts for 897. 674 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
Scores and ratios are computed by Checked and are not a credit decision.