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GÜL FIRIN

Inactive
KBO/BCE: BE 0810.413.125

GÜL FIRIN was declared bankrupt on 26-07-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 29-03-2024, published in the Belgian State Gazette on 09-04-2024.

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 30-09-2022, 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 · 10 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 12-05-2022, 12 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 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
43 d early
2019
3 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, micro schema

Equity
€-19k▲ 1.0%
2020 · €-19k
2018: €-5k 2019: €-10k 2020: €-19k
2018 → 2021
Total assets
€198▼ 96.8%
2020 · €6k
2018: €14k 2019: €11k 2020: €6k
2018 → 2021
Net result
€195
2020 · €-10k
2018: €-1k 2019: €-4k 2020: €-10k
2018 → 2021
Working capital
€-19k▲ 1.2%
2020 · €-20k
2018: €-11k 2019: €-12k 2020: €-20k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€-5k-€-10k▼ 85.3%€-19k▼ 99.5%€-19k▲ 1.0%
Operating result€-2k-€-4k▼ 71.1%€-10k▼ 151%€303
Net result€-1k-€-4k▼ 228%€-10k▼ 116%€195
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0Operating result 2018: €-2k€-2kNet result 2018: €-1k€-1kOperating result 2019: €-4k€-4kNet result 2019: €-4k€-4kOperating result 2020: €-10k€-10kNet result 2020: €-10k€-10kOperating result 2021: €303€303Net result 2021: €195€1952018201920202021€-10k€-5k€0Operating result 2019: €-4k€-4kNet result 2019: €-4k€-4.5kOperating result 2020: €-10k€-9.9kNet result 2020: €-10k€-9.7kOperating result 2021: €303€303Net result 2021: €195€195201920202021
The operating result returns to profit in 2021: €303 after a loss of €10k in 2020, the highest result in the available series.
Key figures and ratios
2021 value · change against 2020
Debt
€19k
2020 · €26k
Debt ≤ 1 year
€19k
2020 · €25k
Ratios withheld: a balance sheet total of €198 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 · 2021 against 2020 · 36 lines
Balance sheet Code20202021
Assets
Total assets20/58€6k€198
Fixed assets21/28€468-
Tangible fixed assets22/27€468-
Current assets29/58€6k€198
Stocks and contracts in progress3€3k-
Amounts receivable within one year40/41€1k€56
Other amounts receivable41-€56
Cash at bank and in hand54/58€957€141
Equity and liabilities
Total equity and liabilities10/49€6k€198
Equity10/15€-19k€-19k
Contributions10/11-€19k
Reserves13€130€130=
Non-distributable reserves130/1-€130
Reserves not available under the articles1311-€130
Profit (loss) carried forward14€-38k€-38k
Amounts payable17/49€26k€19k
Amounts payable within one year42/48€25k€19k
Trade debts44€4k-
Taxes, remuneration and social security45-€104
Taxes450/3-€104
Other amounts payable47/48-€19k
Income statement Code20202021
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8-€2k
Non-recurring operating charges66A-€112
Gross operating margin9900€-2k€3k
Operating profit (loss)9901€-10k€303
Financial income75/76B-€120
Recurring financial income75€455€120
Financial charges65/66B-€228
Recurring financial charges65€233€228
Profit (loss) for the period before taxes9903€-10k€195
Profit (loss) for the period9904€-10k€195
Profit (loss) for the period to be appropriated9905€-10k€195
Appropriation of the result
Profit (loss) to be appropriated9906-€-38k
Profit (loss) brought forward from the previous period14P-€-38k

The notes to these accounts (5 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

2024
09-04
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · GÜL FIRIN BVBA STERRENSTRAAT 68, 2500 LIER · event 29-03-2024
2023
01-08
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · GÜL FIRIN BVBA STERREN- STRAAT 68, 2500 LIER · event 26-07-2023
2022
12-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
30-09
Financial Back to profitnet €195
Net result €195 after 3 loss-making years.
18-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
27-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
13-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
12-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
2013
29-03
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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
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 TOON BRAWERS
ZOMERSTRAAT 16, 2590 BERLAAR-
26-07-202329-03-2024