HET RANTSOEN
InactiveHET RANTSOEN was declared bankrupt on 21-12-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 14-01-2025, published in the Belgian State Gazette on 17-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three 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 31-12-2023, 3 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 · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-08-2023, 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
12 d late
2021
14 d late
2020
15 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Turnover
€62k▲ 350%
2021 · €14k
EBIT margin
25.3%▲ 261.5pp
2021 · -236.2%
Net result
€12k
2021 · €-27k
Working capital
€-4k▲ 69.9%
2021 · €-15k
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
Line20182019202020212022
Turnover€39k€14k▼ 64.6%€62k▲ 350%
Operating result€-2k-€44k€-5k€-32k▼ 489%€16k
Net result€-3k-€43k€-6k€-27k▼ 381%€12k
EBIT margin-14.2%-236.2%▼ 222.0pp25.3%▲ 261.5pp
Equity€-26k-€18k€12k▼ 32.0%€-15k€-3k▲ 78.0%
Total assets€2k-€26k▲ 1,060%€15k▼ 39.5%€7k▼ 55.2%€8k▲ 19.9%
Debt€28k-€8k▼ 71.0%€4k▼ 55.8%€22k▲ 517%€12k▼ 47.2%
Working capital€-27k-€17k€12k▼ 29.9%€-15k€-4k▲ 69.9%
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 2022: €16k after a loss of €32k in 2021.
Balance-sheet composition
Assets €8k
Fixed assets
€1k
Current assets
€7k
Key figures and ratios
EBITDA
€16k
Cash flow
€12k
Solvency
-40.0%▲
2021 · -217.5%
Current ratio
0.62▲
2021 · 0.32
Debt to equity
-3.50▼
2021 · -1.46
ROA
141.5%▲
2021 · -389.4%
Interest coverage
15.57
Debt ≤ 1 year
€12k▼
2021 · €22k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €39k | €14k | €62k | ▲ 350% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €44k | €44k | ▼ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €978 | €978 | - | - | €129 | - |
| Other operating charges640/8 | - | - | - | €2k | €5k | ▲ 187% |
| Gross operating margin9900 | €-1k | €48k | €-2k | €-31k | €21k | ▲ 169% |
| Operating profit (loss)9901 | €-2k | €44k | €-5k | €-32k | €16k | ▲ 148% |
| Financial income75/76B | - | - | - | €6k | - | - |
| Recurring financial income75 | - | - | €83 | €6k | - | - |
| Non-recurring financial income76B | - | - | - | €6k | - | - |
| Financial charges65/66B | - | - | - | €666 | €1k | ▲ 51.7% |
| Recurring financial charges65 | €171 | €46 | €94 | €666 | €1k | ▲ 51.7% |
| Profit (loss) for the period before taxes9903 | €-3k | €44k | €-6k | €-27k | €15k | ▲ 154% |
| Income taxes67/77 | - | €1k | €98 | - | €3k | - |
| Profit (loss) for the period9904 | €-3k | €43k | €-6k | €-27k | €12k | ▲ 144% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €43k | €-6k | €-27k | €12k | ▲ 144% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2k | €26k | €15k | €7k | €8k | ▲ 19.9% |
| Fixed assets21/28 | €2k | €537 | - | - | €1k | - |
| Tangible fixed assets22/27 | €2k | €537 | - | - | €1k | - |
| Plant, machinery and equipment23 | - | - | - | - | €1k | - |
| Current assets29/58 | €692 | €25k | €15k | €7k | €7k | ▲ 3.9% |
| Amounts receivable within one year40/41 | €334 | €16k | €15k | €7k | €7k | ▲ 6.0% |
| Trade receivables40 | - | - | - | - | €7k | - |
| Other amounts receivable41 | - | - | - | €7k | €597 | ▼ 91.2% |
| Cash at bank and in hand54/58 | €358 | €9k | €102 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €141 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2k | €26k | €15k | €7k | €8k | ▲ 19.9% |
| Equity10/15 | €-26k | €18k | €12k | €-15k | €-3k | ▲ 78.0% |
| Contributions10/11 | €19k | €19k | - | €19k | €19k | = |
| Outside capital11 | - | - | - | €19k | - | - |
| Share premium1100/10 | - | - | - | €19k | - | - |
| Profit (loss) carried forward14 | €-44k | €-1k | €-7k | €-34k | €-22k | ▲ 34.9% |
| Amounts payable17/49 | €28k | €8k | €4k | €22k | €12k | ▼ 47.2% |
| Amounts payable within one year42/48 | €28k | €8k | €4k | €22k | €12k | ▼ 46.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5k | €5k | ▲ 7.0% |
| Trade debts44 | €272 | €642 | €534 | €1k | €4k | ▲ 251% |
| Suppliers440/4 | - | - | - | €1k | €4k | ▲ 251% |
| Taxes, remuneration and social security45 | - | - | - | €61 | €3k | ▲ 4,575% |
| Taxes450/3 | - | - | - | €61 | €3k | ▲ 4,575% |
| Other amounts payable47/48 | - | - | - | €16k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €370 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €43k | €-6k | €-27k | €12k | ▲ 144% |
| + Depreciation and write-downs630 | €978 | €978 | - | - | €129 | - |
| Operating cash flow (approximation) | €-2k | €44k | €-6k | €-27k | €12k | ▲ 144% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €9k | €-9k | - | - | - |
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
2025
17-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-01-2025
2023
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-12-2023
12-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 12 days late
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
14-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 14 days late
2021
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
15-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity times 125current ratio 3.10
Current ratio from 0.02 to 3.10; short-term debt falls from €28k to €8k.
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NATHALIE TAEYMANS CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
21-12-2023 → 14-01-2025 |