IZ
InactiveIZ was declared bankrupt on 26-09-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 26-03-2024, published in the Belgian State Gazette on 03-04-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○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 31-08-2021, 31 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 · 1 filingDeviation from the deadline
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2020 accounts 31 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€24,443
Total assets
€35,273
Net result
€22,443
Working capital
€24,443
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €35,273
Equity
€24,443
Debt
€10,830
Debt finances 30.7% of the balance-sheet total.
Key figures and ratios
Current ratio
3.26
ROE
91.8%
ROA
63.6%
Debt ≤ 1 year
€10,830
Income taxes
€5,927
Annual accounts
| Line | 2020 |
|---|---|
| Gross operating margin9900 | €28,595 |
| Operating profit (loss)9901 | €28,410 |
| Recurring financial charges65 | €40 |
| Profit (loss) for the period before taxes9903 | €28,371 |
| Income taxes67/77 | €5,927 |
| Profit (loss) for the period9904 | €22,443 |
| Profit (loss) for the period to be appropriated9905 | €22,443 |
| Line | 2020 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €35,273 | |
| Current assets29/58 | €35,273 | |
| Amounts receivable within one year40/41 | €4,811 | |
| Cash at bank and in hand54/58 | €30,462 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €35,273 | |
| Equity10/15 | €24,443 | |
| Profit (loss) carried forward14 | €22,443 | |
| Amounts payable17/49 | €10,830 | |
| Amounts payable within one year42/48 | €10,830 | |
| Trade debts44 | €2,272 | |
| Line | 2020 |
|---|---|
| Profit (loss) for the period9904 | €22,443 |
| Operating cash flow (approximation) | €22,443 |
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
03-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 26-03-2024
2023
02-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 26-09-2023
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalNBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | RUTGER BELSACK MARKT 17, 1740 TERNAT- |
26-09-2023 → 26-03-2024 |