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HEALTECH

Inactive
KBO/BCE: BE 0863.730.857

HEALTECH was declared bankrupt on 08-03-2019 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed by liquidation by judgment of 17-04-2023, published in the Belgian State Gazette on 26-04-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

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HEALTECHInactive
Risk analysis Report Compare

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 17-09-2020, 414 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

History

HEALTECH has filed 14 sets of annual accounts, the latest for fiscal year 2018.1 On 8 March 2019 the company was declared bankrupt; the bankruptcy was closed on 17 April 2023.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 15-03-2019
  3. 3Belgian State Gazette, 26-04-2023

Financials · fiscal year 2018, abbreviated schema

Equity
-€1.8m
Total assets
€1.9m
Net result
-€2.1m
Working capital
€363,192

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €1.9m
Fixed assets €1.3m
Current assets €564,142
Key figures and ratios
2018 value
EBITDA
-€1.6m
Cash flow
-€1.8m
Solvency
-94.4%
Current ratio
2.81
Quick ratio
1.52
Debt to equity
-1.70
ROA
-110.7%
Debt
€3.7m
Debt ≤ 1 year
€200,950
Debt > 1 year
€3.0m
Income taxes
€172
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 26 lines
Balance sheet Code2018
Assets
Total assets20/58€1.9m
Fixed assets21/28€1.3m
Intangible fixed assets21€700
Tangible fixed assets22/27€301,731
Financial fixed assets28€1.0m
Current assets29/58€564,142
Stocks and contracts in progress3€259,693
Amounts receivable within one year40/41€151,260
Cash at bank and in hand54/58€116,288
Equity and liabilities
Total equity and liabilities10/49€1.9m
Equity10/15-€1.8m
Contributions10/11€26.8m
Profit (loss) carried forward14-€29.0m
Amounts payable17/49€3.7m
Amounts payable after more than one year17€3.0m
Amounts payable within one year42/48€200,950
Trade debts44€167,606
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€254,863
Gross operating margin9900-€1.3m
Operating profit (loss)9901-€1.8m
Recurring financial income75€12,522
Recurring financial charges65€282,892
Profit (loss) for the period before taxes9903-€2.1m
Income taxes67/77€172
Profit (loss) for the period9904-€2.1m
Profit (loss) for the period to be appropriated9905-€2.1m
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€254,863
Gross operating margin9900-€1.3m
Operating profit (loss)9901-€1.8m
Recurring financial income75€12,522
Recurring financial charges65€282,892
Profit (loss) for the period before taxes9903-€2.1m
Income taxes67/77€172
Profit (loss) for the period9904-€2.1m
Profit (loss) for the period to be appropriated9905-€2.1m
Line2018
Assets
Total assets20/58€1.9m
Fixed assets21/28€1.3m
Intangible fixed assets21€700
Tangible fixed assets22/27€301,731
Financial fixed assets28€1.0m
Current assets29/58€564,142
Stocks and contracts in progress3€259,693
Amounts receivable within one year40/41€151,260
Cash at bank and in hand54/58€116,288
Equity and liabilities
Total equity and liabilities10/49€1.9m
Equity10/15-€1.8m
Contributions10/11€26.8m
Profit (loss) carried forward14-€29.0m
Amounts payable17/49€3.7m
Amounts payable after more than one year17€3.0m
Amounts payable within one year42/48€200,950
Trade debts44€167,606
Line2018
Profit (loss) for the period9904-€2.1m
+ Depreciation and write-downs630€254,863
Operating cash flow (approximation)-€1.8m

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
26-04
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Brugge · event 17-04-2023
2020
17-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 414 days late
2019
15-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 08-03-2019
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 88 days late
2014
03-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
22-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
25-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
22-06
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
SignalNBB filing
0 of 14 acts read
About the unread acts

We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
14 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

2 mandates
Role Name Tenure
Curator NICO MAES
STATIONSSTRAAT 34, 8020 OOSTKAMP-
 08-03-2019 → 17-04-2023
Curator PIETER-JAN DELODDER
STATIONSSTRAAT 34, 8020 OOSTKAMP- pieter-
 08-03-2019 → 17-04-2023

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

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