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InactiveH was declared bankrupt on 27-09-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 03-12-2024, published in the Belgian State Gazette on 27-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○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 · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 12-04-2022, 255 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
255 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 143 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, abbreviated schema
Equity
-€28,812
2019 · €7,488
Total assets
€209,142▲ 1,143%
2019 · €16,828
Net result
-€36,300
2019 · €14,887
Working capital
-€56,523
2019 · €6,827
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
Operating result-€8,120-€21,808-€36,131
Net result-€8,120-€14,887-€36,300
Equity-€7,399-€7,488-€28,812
Total assets€169,009-€16,828▼ 90.0%€209,142▲ 1,143%
Debt€176,408-€9,340▼ 94.7%€237,954▲ 2,448%
Working capital-€8,060-€6,827-€56,523
Staff (FTE)11.3
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 turns negative in 2020: a loss of €36,131 after €21,808 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €209,142
Fixed assets
€27,711 ▲ 4,092%
Current assets
€181,431 ▲ 1,022%
Key figures and ratios
Solvency
-13.8%▼
2019 · 44.5%
Current ratio
0.76▼
2019 · 1.73
Debt to equity
-8.26
ROA
-17.4%▼
2019 · 88.5%
Debt ≤ 1 year
€237,954▲
2019 · €9,340
Staff costs
€421,819
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 |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €421,819 | - |
| Other operating charges640/8 | - | - | €933 | - |
| Gross operating margin9900 | -€7,394 | €27,696 | €386,621 | ▲ 1,296% |
| Operating profit (loss)9901 | -€8,120 | €21,808 | -€36,131 | ▼ 266% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | - | - | €169 | - |
| Recurring financial charges65 | - | - | €169 | - |
| Profit (loss) for the period before taxes9903 | -€8,120 | €21,808 | -€36,300 | ▼ 266% |
| Income taxes67/77 | - | €6,921 | - | - |
| Profit (loss) for the period9904 | -€8,120 | €14,887 | -€36,300 | ▼ 344% |
| Profit (loss) for the period to be appropriated9905 | -€8,120 | €14,887 | -€36,300 | ▼ 344% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €169,009 | €16,828 | €209,142 | ▲ 1,143% |
| Fixed assets21/28 | €661 | €661 | €27,711 | ▲ 4,092% |
| Tangible fixed assets22/27 | €661 | €661 | €2,711 | ▲ 310% |
| Plant, machinery and equipment23 | - | - | €661 | - |
| Furniture and vehicles24 | - | - | €2,050 | - |
| Financial fixed assets28 | - | - | €25,000 | - |
| Current assets29/58 | €168,348 | €16,167 | €181,431 | ▲ 1,022% |
| Amounts receivable within one year40/41 | €167,985 | €15,805 | €174,191 | ▲ 1,002% |
| Trade receivables40 | - | - | €174,191 | - |
| Cash at bank and in hand54/58 | €363 | €362 | €7,240 | ▲ 1,900% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €169,009 | €16,828 | €209,142 | ▲ 1,143% |
| Equity10/15 | -€7,399 | €7,488 | -€28,812 | ▼ 485% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€13,599 | €1,288 | -€35,012 | ▼ 2,818% |
| Amounts payable17/49 | €176,408 | €9,340 | €237,954 | ▲ 2,448% |
| Amounts payable within one year42/48 | €176,408 | €9,340 | €237,954 | ▲ 2,448% |
| Trade debts44 | €156,709 | €6,336 | €131,071 | ▲ 1,969% |
| Suppliers440/4 | - | - | €131,071 | - |
| Taxes, remuneration and social security45 | - | - | €106,882 | - |
| Taxes450/3 | - | - | €16,027 | - |
| Remuneration and social security454/9 | - | - | €90,856 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,120 | €14,887 | -€36,300 | ▼ 344% |
| Operating cash flow (approximation) | -€8,120 | €14,887 | -€36,300 | ▼ 344% |
| Investment in fixed assets (approximation) | - | €0 | -€27,050 | - |
| Change in cash | - | -€1 | €6,878 | ▲ 687,904% |
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
2024
27-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 03-12-2024
2022
03-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 27-09-2022
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 255 days late
2020
31-12
Financial
Weakest financial yearnet -€36,300
Net result drops to -€36,300, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €14,887
Net result €14,887 after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 45 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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 HEETHEM WATERLOOSESTEENWEG 412/F,
1050 BRUSSEL 5 |
27-09-2022 → 03-12-2024 |