HUYGHEBAERT & Zoon
Open bankruptcyA bankruptcy procedure is open for HUYGHEBAERT & Zoon according to publications in the Belgian State Gazette; curator: ANN DECRUYENAERE.
Summary
The 2020 annual accounts show negative equity (€-2k) and a net result of €6k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 20-08-2021, 20 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
20 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-2k▲ 77.5%
2019 · €-7k
2018: €-3k
2019: €-7k
2018 → 2020
Total assets
€54k▲ 88.8%
2019 · €29k
2018: €47k
2019: €29k
2018 → 2020
Net result
€6k
2019 · €-4k
2018: €-4k
2019: €-4k
2018 → 2020
Working capital
€-18k▼ 26.5%
2019 · €-14k
2018: €-12k
2019: €-14k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-3k-€-7k▼ 155%€-2k▲ 77.5%
Operating result€-2k-€-3k▼ 80.3%€6k
Net result€-4k-€-4k▼ 22.5%€6k
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 2020: €6k after a loss of €3k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €54k
Fixed assets
€20k ▼ 1.1%
Current assets
€34k ▲ 321%
Key figures and ratios
EBITDA
€19k▲
2019 · €10k
Cash flow
€18k▲
2019 · €9k
Solvency
-3.0%▲
2019 · -24.9%
Current ratio
0.65▲
2019 · 0.36
Debt to equity
-1.85▲
2019 · -1.86
ROA
10.2%▲
2019 · -15.2%
Debt
€56k▲
2019 · €36k
Debt ≤ 1 year
€52k▲
2019 · €22k
Debt > 1 year
€3k▼
2019 · €13k
Income taxes
€56▼
2019 · €176
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 · 2020 against 2019 · 27 lines
Balance sheet
Code20192020
Assets
Total assets20/58€29k€54k▲
Fixed assets21/28€21k€20k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€17k€19k▲
Financial fixed assets28-€240
Current assets29/58€8k€34k▲
Stocks and contracts in progress3€2k-
Amounts receivable within one year40/41€867€4k▲
Cash at bank and in hand54/58€4k€13k▲
Equity and liabilities
Total equity and liabilities10/49€29k€54k▲
Equity10/15€-7k€-2k▲
Contributions10/11€15k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-24k€-18k▲
Amounts payable17/49€36k€56k▲
Amounts payable after more than one year17€13k€3k▼
Amounts payable within one year42/48€22k€52k▲
Trade debts44€8k€39k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Gross operating margin9900€12k€32k▲
Operating profit (loss)9901€-3k€6k▲
Recurring financial income75€0-
Recurring financial charges65€1k€739▼
Profit (loss) for the period before taxes9903€-4k€6k▲
Income taxes67/77€176€56▼
Profit (loss) for the period9904€-4k€6k▲
Profit (loss) for the period to be appropriated9905€-4k€6k▲
Timeline · acts, filings and financial milestones
2025
25-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · HUYGHEBAERT & ZOON BV HOUTBOEISTRAAT 17, 8620 NIEUWPOORT · event 19-03-2025
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
12-06
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
6 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
Registered office, Nieuwpoort · 1 establishment unit since 2010
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.
Houtboeistraat 178620 NieuwpoortGround area
2,027 m²
Building footprint
825 m²
Volume, LiDAR
4,226 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
H&Z
since 20102.185.511.948
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38016A0031/00E055 | Flanders | 1,577 m² | 1 · 375 m² | 6.2 m · 1 fl. |
| 38016A0031/00D055 | Flanders | 450 m² | 1 · 450 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | ANN DECRUYENAERE KAASKERKESTRAAT 164,
8600 DIKSMUIDE |
19-03-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2010
Fiscal year end31-12
Abbreviation NL
H & Z
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.