HET GROENE GENOEGEN
InactiveHET GROENE GENOEGEN was declared bankrupt on 05-01-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 12-10-2023, published in the Belgian State Gazette on 18-10-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 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 · 8 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 03-01-2022, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
28 d early
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-30k▲ 37.6%
2020 · €-47k
2019: €-14k
2020: €-47k
2019 → 2021
Total assets
€34k▲ 33.3%
2020 · €25k
2019: €67
2020: €25k
2019 → 2021
Net result
€18k
2020 · €-34k
2019: €-16k
2020: €-34k
2019 → 2021
Working capital
€-2k▲ 92.5%
2020 · €-32k
2019: €-14k
2020: €-32k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-14k-€-47k▼ 244%€-30k▲ 37.6%
Operating result€-5k-€-40k▼ 634%€18k
Net result€-16k-€-34k▼ 110%€18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €18k after a loss of €40k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €34k
Fixed assets
€1k▲ 15.5%
Current assets
€32k▲ 34.2%
Key figures and ratios
EBITDA
€18k▲
2020 · €-40k
Cash flow
€18k▲
2020 · €-34k
Solvency
-88.1%▲
2020 · -188.3%
Current ratio
0.93▲
2020 · 0.43
Quick ratio
0.63▲
2020 · 0.26
ROA
53.1%▲
2020 · -133.6%
Debt
€63k▼
2020 · €73k
Debt ≤ 1 year
€35k▼
2020 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€25k€34k▲
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27€1k€1k▲
Current assets29/58€24k€32k▲
Stocks and contracts in progress3€10k€10k▲
Amounts receivable within one year40/41€10k€6k▼
Cash at bank and in hand54/58€5k€16k▲
Equity and liabilities
Total equity and liabilities10/49€25k€34k▲
Equity10/15€-47k€-30k▲
Reserves13€34k€34k=
Profit (loss) carried forward14€-100k€-83k▲
Amounts payable17/49€73k€63k▼
Amounts payable within one year42/48€56k€35k▼
Trade debts44€22k€12k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50€401▲
Gross operating margin9900€-40k€20k▲
Operating profit (loss)9901€-40k€18k▲
Recurring financial income75€16€5▼
Recurring financial charges65€31€277▲
Profit (loss) for the period before taxes9903€-40k€18k▲
Income taxes67/77€-6k-
Profit (loss) for the period9904€-34k€18k▲
Profit (loss) for the period to be appropriated9905€-34k€18k▲
Timeline · acts, filings and financial milestones
2023
18-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · HET GROENE GENOEGEN BVBA KAPUCIJNENVOER 5//00, 3000 LEUVEN · event 12-10-2023
17-01
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · HET GROENE GENOEGEN BVBA KAPUCIJNENVOER 5//00, 3000 LEUVEN · event 05-01-2023
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
30-12
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.
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
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 | JOHAN MOMMAERTS BRUSSELSESTEENWEG 62,
3000 LEUVEN |
05-01-2023 → present |