Ion Technics
Open bankruptcyA bankruptcy procedure is open for Ion Technics according to publications in the Belgian State Gazette; curator: LOBKE POTTIE.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €98k and a net result of €62k.
Signals
Four 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 30-06-2021 was due by 31-01-2022 and was filed on 28-02-2022, 28 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 · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
28 d late
2020
26 d late
2019
138 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, abbreviated schema
Turnover
€2.18M▲ 42.4%
2020 · €1.53M
2020: €1.53M
2021: €2.18M▲ +42.4% vs 2020
2020 → 2021
EBIT margin
4.3%▲ 3.9pp
2020 · 0.4%
2020: 0.4%
2021: 4.3%▲ +939% vs 2020
2020 → 2021
Net result
€62k▲ 1,238%
2020 · €5k
2019: €-266klowest in 3 years
2020: €5k▲ +102% vs 2019
2021: €62k▲ +1238% vs 2020highest in 3 years
2019 → 2021
Working capital
€11k
2020 · €-15k
2019: €-271klowest in 3 years
2020: €-15k▲ +94.6% vs 2019
2021: €11k▲ +175% vs 2020highest in 3 years
2019 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€1.53M€2.18M▲ 42.4%
2020: €1.53M
2021: €2.18M▲ +42.4% vs 2020
Equity€-251k-€36k€98k▲ 169%
2019: €-251klowest in 3 years
2020: €36k▲ +115% vs 2019
2021: €98k▲ +169% vs 2020highest in 3 years
Operating result€-266k-€6k€94k▲ 1,380%
2019: €-266klowest in 3 years
2020: €6k▲ +102% vs 2019
2021: €94k▲ +1380% vs 2020highest in 3 years
Net result€-266k-€5k€62k▲ 1,238%
2019: €-266klowest in 3 years
2020: €5k▲ +102% vs 2019
2021: €62k▲ +1238% vs 2020highest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2021 is 1,380% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €393k
Fixed assets
€87k ▲ 70.8%
Current assets
€305k ▼ 30.4%
Equity and liabilities €393k
Equity
€98k ▲ 169%
Debt
€294k ▼ 35.0%
Debt's share of the balance-sheet total falls from 92.6% to 75.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▲
2020 · €24k
Cash flow
€96k▲
2020 · €22k
Current ratio
1.04▲
2020 · 0.97
ROE
62.8%▲
2020 · 12.6%
ROA
15.7%▲
2020 · 0.9%
Debt ≤ 1 year
€294k▼
2020 · €453k
Income taxes
€32k▲
2020 · €1k
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 · 2021 against 2020 · 25 lines
Balance sheet
Code20202021
Assets
Total assets20/58€490k€393k▼
Fixed assets21/28€51k€87k▲
Tangible fixed assets22/27€46k€83k▲
Financial fixed assets28€5k€5k=
Current assets29/58€439k€305k▼
Stocks and contracts in progress3€231k-
Amounts receivable within one year40/41€197k€292k▲
Cash at bank and in hand54/58€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€490k€393k▼
Equity10/15€36k€98k▲
Contributions10/11€19k€19k=
Reserves13€156€156=
Profit (loss) carried forward14€18k€79k▲
Amounts payable17/49€453k€294k▼
Amounts payable within one year42/48€453k€294k▼
Trade debts44€449k€263k▼
Income statement
Code20202021
Turnover70€1.53M€2.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€34k▲
Gross operating margin9900€56k€189k▲
Operating profit (loss)9901€6k€94k▲
Recurring financial charges65€580€415▼
Profit (loss) for the period before taxes9903€6k€93k▲
Income taxes67/77€1k€32k▲
Profit (loss) for the period9904€5k€62k▲
Profit (loss) for the period to be appropriated9905€5k€62k▲
Accounts by statement
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | - | €1.53M | €2.18M | ▲ 42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €18k | €34k | ▲ 94.7% |
| Gross operating margin9900 | €-256k | €56k | €189k | ▲ 237% |
| Operating profit (loss)9901 | €-266k | €6k | €94k | ▲ 1,380% |
| Recurring financial charges65 | €306 | €580 | €415 | ▼ 28.5% |
| Profit (loss) for the period before taxes9903 | €-266k | €6k | €93k | ▲ 1,522% |
| Income taxes67/77 | - | €1k | €32k | ▲ 2,654% |
| Profit (loss) for the period9904 | €-266k | €5k | €62k | ▲ 1,238% |
| Profit (loss) for the period to be appropriated9905 | €-266k | €5k | €62k | ▲ 1,238% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €275k | €490k | €393k | ▼ 19.8% |
| Fixed assets21/28 | €21k | €51k | €87k | ▲ 70.8% |
| Tangible fixed assets22/27 | €21k | €46k | €83k | ▲ 77.9% |
| Financial fixed assets28 | - | €5k | €5k | = |
| Current assets29/58 | €254k | €439k | €305k | ▼ 30.4% |
| Stocks and contracts in progress3 | €20k | €231k | - | - |
| Amounts receivable within one year40/41 | €225k | €197k | €292k | ▲ 48.0% |
| Cash at bank and in hand54/58 | €8k | €10k | €13k | ▲ 29.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €275k | €490k | €393k | ▼ 19.8% |
| Equity10/15 | €-251k | €36k | €98k | ▲ 169% |
| Contributions10/11 | €19k | €19k | €19k | = |
| Reserves13 | €156 | €156 | €156 | = |
| Profit (loss) carried forward14 | €-270k | €18k | €79k | ▲ 348% |
| Amounts payable17/49 | €525k | €453k | €294k | ▼ 35.0% |
| Amounts payable within one year42/48 | €525k | €453k | €294k | ▼ 35.0% |
| Trade debts44 | €481k | €449k | €263k | ▼ 41.4% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-266k | €5k | €62k | ▲ 1,238% |
| + Depreciation and write-downs630 | €10k | €18k | €34k | ▲ 94.7% |
| Operating cash flow (approximation) | €-257k | €22k | €96k | ▲ 331% |
| Investment in fixed assets (approximation) | - | €-48k | €-71k | ▼ 46.4% |
| Change in cash | - | €2k | €3k | ▲ 60.3% |
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
2023
08-12
KBO administration
Address struck
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 02-10-2023
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
30-06
Financial
Highest result since 2019net €62k ▲1,238%
Operating result €94k, net result €62k, both a record.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 138 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
29-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Beernem · 1 establishment unit since 2012
Ground area
2,377 m²
Building footprint
941 m²
Volume, LiDAR
8,593 m³
2 parcels, Flanders · tallest building 33.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Ion Technics
since 20122.212.623.052
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025C0198/00C000 | Flanders | 1,361 m² | 1 · 114 m² | 8.4 m · 2 fl. |
| 31003D0014/00C003 | Flanders | 1,016 m² | 1 · 828 m² | 33.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 | LOBKE POTTIE KOOIGEMSTRAAT 26, 8554 SINT-
DENIJS |
02-10-2023 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-09-2012
Fiscal year end30-06
Abbreviation NL
Ion
Scores and ratios are computed by Checked and are not a credit decision.