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IMMO BAKEN

Inactive
KBO/BCE: BE 0862.067.011

IMMO BAKEN was declared bankrupt on 18-10-2021 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 20-12-2021, published in the Belgian State Gazette on 27-12-2021.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-09-2021 close30-04-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 30-04-2021, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
on the day
2019
2 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€5k▼ 46.0%
2019 · €9k
2018: €12k 2019: €9k
2018 → 2020
Total assets
€26k▼ 0.2%
2019 · €26k
2018: €56k 2019: €26k
2018 → 2020
Net result
€-4k▼ 33.4%
2019 · €-3k
2018: €8k 2019: €-3k
2018 → 2020
Working capital
€5k▼ 40.3%
2019 · €9k
2018: €12k 2019: €9k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€12k-€9k▼ 25.6%€5k▼ 46.0%
Operating result€9k-€-3k€-3k▼ 26.1%
Net result€8k-€-3k€-4k▼ 33.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2018: €9k€9kNet result 2018: €8k€8kOperating result 2019: €-3k€-3kNet result 2019: €-3k€-3kOperating result 2020: €-3k€-3kNet result 2020: €-4k€-4k201820192020€-5k€0€5k€10kOperating result 2018: €9k€9.3kNet result 2018: €8k€8.5kOperating result 2019: €-3k€-2.6kNet result 2019: €-3k€-3kOperating result 2020: €-3k€-3.3kNet result 2020: €-4k€-4k201820192020
The operating result stays negative: a loss of €3k in 2020 against €3k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €26k
Equity €5k ▼ 46.0%
Debt €21k ▲ 22.5%
Debt's share of the balance-sheet total rises from 66.9% to 82.1%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
Current ratio
1.26
2019 · 1.53
ROE
-85.1%
2019 · -34.5%
ROA
-15.3%
2019 · -11.4%
Debt ≤ 1 year
€21k
2019 · €17k
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 · 17 lines
Balance sheet Code20192020
Assets
Total assets20/58€26k€26k
Current assets29/58€26k€26k
Amounts receivable within one year40/41€26k€26k
Cash at bank and in hand54/58€113€113=
Equity and liabilities
Total equity and liabilities10/49€26k€26k
Equity10/15€9k€5k
Contributions10/11€62k€62k=
Profit (loss) carried forward14€-53k€-57k
Amounts payable17/49€17k€21k
Amounts payable within one year42/48€17k€21k
Trade debts44€6k€5k
Income statement Code20192020
Gross operating margin9900€-2k€-1k
Operating profit (loss)9901€-3k€-3k
Recurring financial charges65€362€672
Profit (loss) for the period before taxes9903€-3k€-4k
Profit (loss) for the period9904€-3k€-4k
Profit (loss) for the period to be appropriated9905€-3k€-4k

Download as CSV

Timeline · acts, filings and financial milestones

2021
27-12
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · IMMO BAKEN NV FABRIEKSTRAAT 24, 9470 DENDERLEEUW · event 20-12-2021
22-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · IMMO BAKEN NV FABRIEK- STRAAT 24, 9470 DENDERLEEUW · event 18-10-2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
28-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-03
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
27-04
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
9 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 MARGA PIETERS
AFFLIGEMDREEF 144, 9300 AALST-
18-10-202120-12-2021