INIMA
InactiveINIMA was declared bankrupt on 23-08-2023 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 13-05-2024, published in the Belgian State Gazette on 21-05-2024.
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 · 10 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 03-08-2023, 3 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
3 d late
2021
368 d late
2020
115 d late
2017
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 113 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Turnover
€29,757▼ 29.3%
2021 · €42,067
EBIT margin
7.6%▲ 32.5pp
2021 · -24.9%
Net result
€1,966
2021 · -€7,738
Working capital
-€10,800▲ 59.4%
2021 · -€26,629
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
Line202020212022
Turnover€32,970-€42,067▲ 27.6%€29,757▼ 29.3%
Operating result-€2,441--€10,466▼ 329%€2,271
Net result-€2,663--€7,738▼ 191%€1,966
EBIT margin-7.4%--24.9%▼ 17.5pp7.6%▲ 32.5pp
Equity-€11,305--€19,043▼ 68.4%-€4,677▲ 75.4%
Total assets€8,116-€18,048▲ 122%€11,393▼ 36.9%
Debt€19,421-€37,091▲ 91.0%€16,070▼ 56.7%
Working capital-€14,341--€26,629▼ 85.7%-€10,800▲ 59.4%
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: €2,271 after a loss of €10,466 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €11,393
Fixed assets
€8,534 ▼ 40.0%
Current assets
€2,859 ▼ 25.3%
Key figures and ratios
EBITDA
€7,960▲
2021 · -€4,777
Cash flow
€7,655▲
2021 · -€2,049
Solvency
-41.1%▲
2021 · -105.5%
Current ratio
0.21▲
2021 · 0.13
Debt to equity
-3.44▼
2021 · -1.95
ROA
17.3%▲
2021 · -42.9%
Interest coverage
26.09▲
2021 · -12.83
Debt ≤ 1 year
€13,659▼
2021 · €30,455
Debt > 1 year
€2,411▼
2021 · €6,636
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Turnover70 | €32,970 | €42,067 | €29,757 | ▼ 29.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €44,810 | €19,860 | ▼ 55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €380 | €5,689 | €5,689 | = |
| Other operating charges640/8 | - | €2,034 | €1,974 | ▼ 2.9% |
| Gross operating margin9900 | -€1,293 | -€2,743 | €9,934 | ▲ 462% |
| Operating profit (loss)9901 | -€2,441 | -€10,466 | €2,271 | ▲ 122% |
| Financial income75/76B | - | €3,100 | - | - |
| Recurring financial income75 | - | €3,100 | - | - |
| Non-recurring financial income76B | - | €3,100 | - | - |
| Financial charges65/66B | - | €372 | €305 | ▼ 18.0% |
| Recurring financial charges65 | €222 | €372 | €305 | ▼ 18.0% |
| Profit (loss) for the period before taxes9903 | -€2,663 | -€7,738 | €1,966 | ▲ 125% |
| Profit (loss) for the period9904 | -€2,663 | -€7,738 | €1,966 | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | -€2,663 | -€7,738 | €1,966 | ▲ 125% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8,116 | €18,048 | €11,393 | ▼ 36.9% |
| Fixed assets21/28 | €3,036 | €14,223 | €8,534 | ▼ 40.0% |
| Tangible fixed assets22/27 | €3,036 | €14,223 | €8,534 | ▼ 40.0% |
| Plant, machinery and equipment23 | - | €1,898 | €1,139 | ▼ 40.0% |
| Leasing and similar rights25 | - | €12,325 | €7,395 | ▼ 40.0% |
| Current assets29/58 | €5,080 | €3,825 | €2,859 | ▼ 25.3% |
| Stocks and contracts in progress3 | €100 | - | - | - |
| Amounts receivable within one year40/41 | €3,893 | €717 | €1,625 | ▲ 127% |
| Trade receivables40 | - | - | €1,625 | - |
| Other amounts receivable41 | - | €717 | - | - |
| Cash at bank and in hand54/58 | €1,087 | €3,108 | €1,234 | ▼ 60.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8,116 | €18,048 | €11,393 | ▼ 36.9% |
| Equity10/15 | -€11,305 | -€19,043 | -€4,677 | ▲ 75.4% |
| Contributions10/11 | €6,200 | €6,200 | €18,600 | ▲ 200% |
| Capital10 | - | €6,200 | €18,600 | ▲ 200% |
| Issued capital100 | - | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€19,365 | -€27,103 | -€25,137 | ▲ 7.3% |
| Amounts payable17/49 | €19,421 | €37,091 | €16,070 | ▼ 56.7% |
| Amounts payable after more than one year17 | - | €6,636 | €2,411 | ▼ 63.7% |
| Financial debts170/4 | - | €6,636 | €2,411 | ▼ 63.7% |
| Amounts payable within one year42/48 | €19,421 | €30,455 | €13,659 | ▼ 55.1% |
| Current portion of amounts payable after more than one year42 | - | €3,413 | €3,480 | ▲ 2.0% |
| Financial debts43 | - | €739 | €578 | ▼ 21.8% |
| Credit institutions430/8 | - | €739 | €578 | ▼ 21.8% |
| Trade debts44 | - | €336 | €2,619 | ▲ 679% |
| Suppliers440/4 | - | €336 | €2,619 | ▲ 679% |
| Taxes, remuneration and social security45 | - | - | €2,191 | - |
| Taxes450/3 | - | - | €2,191 | - |
| Other amounts payable47/48 | - | €25,967 | €4,791 | ▼ 81.5% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,663 | -€7,738 | €1,966 | ▲ 125% |
| + Depreciation and write-downs630 | €380 | €5,689 | €5,689 | = |
| Operating cash flow (approximation) | -€2,284 | -€2,049 | €7,655 | ▲ 474% |
| Investment in fixed assets (approximation) | - | -€16,876 | €0 | ▲ 100% |
| Change in cash | - | €2,021 | -€1,874 | ▼ 193% |
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
2024
21-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 13-05-2024
2023
29-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 23-08-2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 368 days late
2022
31-12
Financial
Back to profitnet €1,966
Net result €1,966 after 2 loss-making years.
2021
31-12
Financial
Weakest financial yearnet -€7,738
Net result drops to -€7,738, the lowest in the series.
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
2015
23-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 54 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
17-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 17 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KRIS GOEMAN LEOPOLDLAAN 15, 9200 DENDER-
MONDE |
23-08-2023 → 13-05-2024 |