IDEAL BEBE
InactiveSignals
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 31-03-2022, 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 · 10 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 19-11-2021, 19 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
2022
not filed
2021
19 d late
2020
19 d late
2019
45 d early
2018
1 d early
2017
42 d late
2015
65 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 17 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,232▲ 93.9%
2020 · -€86,045
Working capital
€85,652▼ 3.9%
2020 · €89,119
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result-€66,282--€84,648▼ 27.7%-€2,354▲ 97.2%
Net result-€70,854--€86,045▼ 21.4%-€5,232▲ 93.9%
Equity€126,310-€40,265▼ 68.1%€35,033▼ 13.0%
Total assets€560,673-€418,434▼ 25.4%€380,073▼ 9.2%
Debt€434,363-€378,169▼ 12.9%€345,041▼ 8.8%
Working capital€182,304-€89,119▼ 51.1%€85,652▼ 3.9%
Staff (FTE)6.3-5.4▼ 14.3%4.3▼ 20.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,354 in 2021 against €84,648 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €380,073
Fixed assets
€16,623 ▼ 34.6%
Current assets
€363,450 ▼ 7.5%
Equity and liabilities €380,073
Equity
€35,033 ▼ 13.0%
Debt
€345,041 ▼ 8.8%
Debt's share of the balance-sheet total rises from 90.4% to 90.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7,809▲
2020 · -€72,909
Cash flow
€4,931▲
2020 · -€74,306
Current ratio
1.31▲
2020 · 1.29
Quick ratio
0.16▲
2020 · 0.16
Debt to equity
0.33▲
2020 · 0.24
ROE
-14.9%▲
2020 · -213.7%
ROA
-1.4%▲
2020 · -20.6%
Debt ≤ 1 year
€277,799▼
2020 · €303,907
Debt > 1 year
€11,644▲
2020 · €9,553
Income taxes
€113▼
2020 · €115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,095 | €11,740 | €10,163 | ▼ 13.4% |
| Gross operating margin9900 | €133,223 | €89,455 | €107,631 | ▲ 20.3% |
| Operating profit (loss)9901 | -€66,282 | -€84,648 | -€2,354 | ▲ 97.2% |
| Recurring financial income75 | €6,429 | €9,265 | €9,308 | ▲ 0.5% |
| Recurring financial charges65 | €9,778 | €10,548 | €11,906 | ▲ 12.9% |
| Profit (loss) for the period before taxes9903 | -€70,740 | -€85,930 | -€5,120 | ▲ 94.0% |
| Income taxes67/77 | €115 | €115 | €113 | ▼ 2.0% |
| Profit (loss) for the period9904 | -€70,854 | -€86,045 | -€5,232 | ▲ 93.9% |
| Profit (loss) for the period to be appropriated9905 | -€70,854 | -€86,045 | -€5,232 | ▲ 93.9% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €560,673 | €418,434 | €380,073 | ▼ 9.2% |
| Fixed assets21/28 | €37,148 | €25,408 | €16,623 | ▼ 34.6% |
| Tangible fixed assets22/27 | €26,748 | €15,008 | €6,223 | ▼ 58.5% |
| Financial fixed assets28 | €10,400 | €10,400 | €10,400 | = |
| Current assets29/58 | €523,525 | €393,025 | €363,450 | ▼ 7.5% |
| Stocks and contracts in progress3 | €456,415 | €344,262 | €318,302 | ▼ 7.5% |
| Amounts receivable within one year40/41 | €15,140 | €5,655 | €7,942 | ▲ 40.5% |
| Cash at bank and in hand54/58 | €34,015 | €24,537 | €20,293 | ▼ 17.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €560,673 | €418,434 | €380,073 | ▼ 9.2% |
| Equity10/15 | €126,310 | €40,265 | €35,033 | ▼ 13.0% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €20,610 | €20,610 | €20,610 | = |
| Profit (loss) carried forward14 | €87,100 | €1,055 | -€4,177 | ▼ 496% |
| Amounts payable17/49 | €434,363 | €378,169 | €345,041 | ▼ 8.8% |
| Amounts payable after more than one year17 | €20,498 | €9,553 | €11,644 | ▲ 21.9% |
| Amounts payable within one year42/48 | €341,221 | €303,907 | €277,799 | ▼ 8.6% |
| Trade debts44 | €181,331 | €141,732 | €120,279 | ▼ 15.1% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€70,854 | -€86,045 | -€5,232 | ▲ 93.9% |
| + Depreciation and write-downs630 | €14,095 | €11,740 | €10,163 | ▼ 13.4% |
| Operating cash flow (approximation) | -€56,759 | -€74,306 | €4,931 | ▲ 107% |
| Investment in fixed assets (approximation) | - | €0 | -€1,378 | - |
| Change in cash | - | -€9,479 | -€4,243 | ▲ 55.2% |
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
24-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Neufchâteau · event 20-06-2025
2022
08-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · event 28-10-2022
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
31-03
Financial
Weakest financial yearnet -€86,045
Net result drops to -€86,045, the lowest in the series.
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 42 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 61 days late
2012
29-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VINCIANE PETIT Avenue De Bouillon 16, 6800 Libramont-Chevigny |
28-10-2022 → 20-06-2025 |