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HAS COMPANY

Open bankruptcy
Private limited company (pre-2019)founded 2013KBO/BCE: BE 0502.571.153

A bankruptcy procedure is open for HAS COMPANY according to publications in the Belgian State Gazette; curator: SVEN DE MAESENEER.

Summary

The 2021 annual accounts show equity of €60k and a net result of €14k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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
€60k▲ 30.8%
2020 · €46k
2018: €37k 2019: €21k 2020: €46k
2018 → 2021
Total assets
€194k▲ 23.6%
2020 · €157k
2018: €151k 2019: €157k 2020: €157k
2018 → 2021
Net result
€14k▼ 43.8%
2020 · €25k
2018: €19k 2019: €-16k 2020: €25k
2018 → 2021
Working capital
€34k
2020 · €-3k
2018: €37k 2019: €-13k 2020: €-3k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€37k-€21k▼ 44.0%€46k▲ 121%€60k▲ 30.8%
Operating result€31k-€-10k€36k€14k▼ 60.6%
Net result€19k-€-16k€25k€14k▼ 43.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2018: €31k€31kNet result 2018: €19k€19kOperating result 2019: €-10k€-10kNet result 2019: €-16k€-16kOperating result 2020: €36k€36kNet result 2020: €25k€25kOperating result 2021: €14k€14kNet result 2021: €14k€14k2018201920202021€-20k€0€20k€40kOperating result 2019: €-10k€-10kNet result 2019: €-16k€-16kOperating result 2020: €36k€36kNet result 2020: €25k€25kOperating result 2021: €14k€14kNet result 2021: €14k€14k201920202021
The operating result falls in 2021; 2021 is 61% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €194k
Fixed assets €50k ▼ 30.6%
Current assets €145k ▲ 69.0%
Equity and liabilities €194k
Equity €60k ▲ 30.8%
Debt €134k ▲ 20.6%
Debt's share of the balance-sheet total falls from 70.6% to 68.9%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€42k
2020 · €64k
Cash flow
€42k
2020 · €53k
Current ratio
1.30
2020 · 0.97
Debt to equity
2.22
2020 · 0.50
ROE
23.5%
2020 · 54.7%
ROA
7.3%
2020 · 16.1%
Interest coverage
11057.37
Debt ≤ 1 year
€111k
2020 · €88k
Debt > 1 year
€23k=
2020 · €23k
Staff costs
€9k
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 · 43 lines
Balance sheet Code20202021
Assets
Total assets20/58€157k€194k
Fixed assets21/28€72k€50k
Tangible fixed assets22/27€71k€46k
Furniture and vehicles24-€1k
Leasing and similar rights25-€45k
Financial fixed assets28€420€4k
Current assets29/58€86k€145k
Amounts receivable within one year40/41€54k€121k
Trade receivables40-€121k
Cash at bank and in hand54/58€25k€17k
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€157k€194k
Equity10/15€46k€60k
Contributions10/11-€12k
Reserves13€1k€1k=
Non-distributable reserves130/1-€1k
Reserves not available under the articles1311-€1k
Profit (loss) carried forward14€32k€47k
Amounts payable17/49€111k€134k
Amounts payable after more than one year17€23k€23k=
Financial debts170/4-€23k
Amounts payable within one year42/48€88k€111k
Current portion of amounts payable after more than one year42-€31k
Trade debts44€20k€13k
Suppliers440/4-€13k
Taxes, remuneration and social security45-€24k
Taxes450/3-€13k
Remuneration and social security454/9-€11k
Other amounts payable47/48-€44k
Income statement Code20202021
Remuneration, social security and pensions62-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k
Other operating charges640/8-€43
Gross operating margin9900€115k€51k
Operating profit (loss)9901€36k€14k
Recurring financial income75€23-
Financial charges65/66B-€4
Recurring financial charges65€5k€4
Profit (loss) for the period before taxes9903€31k€14k
Income taxes67/77€6k-
Profit (loss) for the period9904€25k€14k
Profit (loss) for the period to be appropriated9905€25k€14k
Appropriation of the result
Profit (loss) to be appropriated9906-€47k
Profit (loss) brought forward from the previous period14P-€32k

The notes to these accounts (9 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
05-03
Bankruptcy Opening
Ondernemingsrechtbank Brussel · HAS COMPANY BV IMPERIA- STRAAT 8, 1930 ZAVENTEM · event 27-02-2024
2023
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 269 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €25k
Net result €25k after one loss-making year.
18-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
30-09
Financial Weakest financial yearnet €-16k ▼186%
Net result drops to €-16k, the lowest in the series.
22-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 52 days late
2017
20-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 173 days late
2016
10-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
2015
31-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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
1 establishment unit since 2013
establishment The establishment unit on the map
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.

Ground area
7,975 m²
Building footprint
1,789 m²
Parcel 23094D0041/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
HAS COMPANY
Freight transport by road
since 20132.215.721.213
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0041/00F000 Flanders 7,975 m² 1 · 1,789 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator SVEN DE MAESENEER
PEGASUSLAAN 5, 1831 DIEGEM-
27-02-2024present

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid
Year Entries awardedpaid
2022 1 3,000 EUR3,000 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded14-01-2013
Fiscal year end30-09
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.