HOLLEBEEKHOEVE
Inactive1 interim measureHOLLEBEEKHOEVE was declared bankrupt on 15-03-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 14-10-2024, published in the Belgian State Gazette on 20-11-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four 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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 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 19-11-2021, 111 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
111 d late
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
€12.20M
EBIT margin
-14.7%
Net result
€-1.97M
2019 · €108k
2018: €-127k
2019: €108k
2018 → 2020
Working capital
€-4.73M▼ 1,414%
2019 · €-313k
2018: €-904k
2019: €-313k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€12.20M
Equity€441k-€549k▲ 24.4%€-1.42M
Operating result€-84k-€293k€-1.79M
Net result€-127k-€108k€-1.97M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €1.79M after €293k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €17.57M
Fixed assets
€12.37M▲ 25.2%
Current assets
€5.21M▲ 10.8%
Key figures and ratios
EBITDA
€-1.15M▼
2019 · €805k
Cash flow
€-1.33M▼
2019 · €620k
Solvency
-8.1%▼
2019 · 3.8%
Current ratio
0.52▼
2019 · 0.94
Quick ratio
0.29▼
2019 · 0.76
Debt / equity
-6.35▼
2019 · 16.39
ROA
-11.2%▼
2019 · 0.7%
Interest coverage
-7.24
Debt
€18.99M▲
2019 · €14.02M
Debt ≤ 1 year
€9.94M▲
2019 · €5.01M
Debt > 1 year
€9.01M▲
2019 · €8.99M
Income taxes
€751▼
2019 · €15k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€14.58M€17.57M▲
Fixed assets21/28€9.88M€12.37M▲
Intangible fixed assets21€592k€515k▼
Tangible fixed assets22/27€9.28M€11.83M▲
Financial fixed assets28€10k€17k▲
Current assets29/58€4.70M€5.21M▲
Stocks and contracts in progress3€890k€2.35M▲
Amounts receivable within one year40/41€1.84M€2.19M▲
Cash at bank and in hand54/58€1.60M€369k▼
Equity and liabilities
Total equity and liabilities10/49€14.58M€17.57M▲
Equity10/15€549k€-1.42M▼
Contributions10/11€104k€104k=
Reserves13€497k€495k▼
Profit (loss) carried forward14€-52k€-2.02M▼
Provisions and deferred taxes16€8k€7k▼
Amounts payable17/49€14.02M€18.99M▲
Amounts payable after more than one year17€8.99M€9.01M▲
Amounts payable within one year42/48€5.01M€9.94M▲
Trade debts44€1.73M€3.41M▲
Income statement
Code20192020
Turnover70-€12.20M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€513k€640k▲
Gross operating margin9900€2.07M-
Operating profit (loss)9901€293k€-1.79M▼
Recurring financial income75€15k€21k▲
Recurring financial charges65€185k€202k▲
Debt charges650-€158k
Profit (loss) for the period before taxes9903€122k€-1.97M▼
Income taxes67/77€15k€751▼
Profit (loss) for the period9904€108k€-1.97M▼
Profit (loss) for the period to be appropriated9905€110k€-1.96M▼
Timeline · acts, filings and financial milestones
2024
20-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · HOLLEBEEKHOEVE NV HONDENSTRAAT 24, 9150 KRUIBEKE · event 14-10-2024
2022
21-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · HOLLEBEEKHOEVE NV HONDENSTRAAT 24, 9150 KRUIBEKE · event 15-03-2022
08-03
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent · event 02-03-2022
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 111 days late
2020
31-12
Financial
Weakest financial yearnet €-1.97M ▼1925%
Net result drops to €-1.97M, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
31-12
Financial
Equity above €500kEq €549k ▲24.4%
Equity rises from €441k to €549k.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
16-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
15-03-2022 → present |
| Curator | VINCENT VERLAECKT HOUTEN
SCHOEN 54, 9100 SINT-NIKLAAS |
15-03-2022 → present |