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JOINING HANDS

Inactive KBO/BCE: BE 0502.585.308
JOINING HANDS
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Overview

Lifetime

4 annual accounts with figures on one time axis
peak -€127 (2014)
-€25,964▼ €13,479
lowest -€29,444 (2017)
-€29,444▼ €13,530
peak €8,103 (2015)
-€37,255▼ €29,444
€48,547▲ 5.8%
Documentsfilings and deeds
26-07-20185 days before the deadline
2017micro format
Gross margin from -€12,485 to -€25,964Loss of €29,444Equity from -€7,811 to -€37,255Cash from €954 to €2,220

Key points

from the 2017 annual accounts, the last ones filed

Debts

€48,547 430% of the balance sheet
After one year 0%Within one year 100%

Of this, €48,545 falls due within a year.

Liquidity

0.06 was 0.62 in 2016

Short-term debts rose from €45,900 to €48,545.

Filings

4 annual accounts 1 late
AprilJune31 JulyOctober2014201520162017

The 2016 accounts came 31 days late. The other three were filed on time.

No scoreTurnover not published (abbreviated or micro format)

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Turnhout division · judgment of 27-02-2024 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Turnhout division · judgment of 17-01-2023 · Bankruptcy
Incorporation 4 publications in the Belgian Official Gazette, the last on 13-03-2024 · Gazette deed
All 8 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 22-01-2013 · bankruptcy closed on 27-02-2024
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2017

-€25,964▼ 108%
€29,444▲ 85.0%
-€37,255▼ 377%
€11,292▼ 70.4%
Filing
Filed on 26-07-2018
Financials

Insights on JOINING HANDS

Equity fell from €8,103 in 2015 to -€37,255 in 2017, while debts rose from €31,466 to €48,547.

On 17 January 2023 the court declared JOINING HANDS bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2017

micro format, filed on 26-07-2018, 5 days before the deadline
-€25,964
▼ €13,479
-€28,443
▼ €13,511
-€29,444
▼ €13,530
-€45,391
▼ €27,900
-329.9%
▼ 309.4 percentage points
0.06
▼ 0.55

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €11,292 on 31-12-2017
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2017201620152014
Balance sheet: assets
20/58 11,29238,09139,57030,306
21/28 8,1389,68211,22615,555
22/27 7,9889,53211,07613,338
23 -152303455
24 7,9889,38010,77212,883
28 1501501502,217
29/58 3,15428,41028,34414,751
40/41 1521,16226,9271,561
40 10536326,294182
41 477996331,380
50/53 ---11,000
54/58 2,2209541,4172,190
490/1 78326,29400
Balance sheet: equity and liabilities
10/49 11,29238,09139,57030,306
10/15 -37,255-7,8118,1036,288
10/11 18,58918,58918,5896,200
100 18,60018,60018,60018,600
101 11111112,400
13 88888888
130 88888888
14 -55,932-26,488-10,574-
17/49 48,54745,90231,46624,018
42/48 48,54545,90031,46424,018
44 2,2521,3521,0151,141
440/4 2,2521,3521,0151,141
45 1,209129449,054
450/3 1,209129444,827
454/9 ---4,228
47/48 45,08544,41930,40613,823
492/3 2220
Income statement
76A ---10,425
9900 -25,964-12,485-6,941-127
630 1,5441,5442,2633,330
640/8 9359034962,114
9901 -28,443-14,932-9,700-5,571
75/76B 31199
75 31199
65/66B 74498387514
65 74498387514
9903 -29,184-15,914-10,5744,939
67/77 260-04,851
9904 -29,444-15,914-10,57488
9905 -29,444-15,914-10,57488
Appropriation of the result
9906 -55,932-26,488-10,57488
691/2 ---88
6920 ---88
Document PDFPDFPDFPDF

Source: Annual accounts 2017 (PDF), filed on 26-07-2018.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2017 micro format 26-07-2018 2018-38100495 PDF
31-12-2016 micro format 31-08-2017 2017-54600442 PDF
31-12-2015 abbreviated format 18-07-2016 2016-32300407 PDF
31-12-2014 abbreviated format 16-07-2015 2015-31100194 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2017201620152014
-26,899-13,388-7,437-2,241
-27,900-14,370-8,3113,418
00-2,06718,885
1,266-463-773-
-45,391-17,491-3,120-9,267
-329.9%-20.5%20.5%20.7%
0.060.620.900.61
--3.883.82
---130.5%1.4%
-260.8%-41.8%-26.7%0.3%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on JOINING HANDS

The operating result for 2017 is a loss of €28,443, larger than the loss of €14,932 in 2016. It is the lowest result since 2014.

Equity is negative. Debt (€48,547) exceeds the balance-sheet total (€11,292).

Board & ownership

Curator

1 mandate
An Notelteirs
Curator, Vierselse Baan 14 A/101, 2280 Grobbendonk
from 17-01-2023 to 27-02-2024
Also on 39 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€18,589.27
Source
2017 annual accounts

Office holders in the KBO →

Timeline

Timeline

8 events since 2013
2024
Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Turnhout division · judgment of 27-02-2024
2023
Bankruptcy published Enterprise Court of Antwerp, Turnhout division · judgment of 17-01-2023
2018
Annual accounts 2017 filed PDFmicro format · 5 days before the deadline
2017
Weakest financial year net -€29,444 The net result drops to -€29,444, the lowest from 2014 to 2017.
Annual accounts 2016 filed PDFmicro format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 13 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 15 days before the deadline
2013
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 13-03-2024

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €30,306 in 2014 to €11,292 in 2017.1 JOINING HANDS was declared bankrupt on 17 January 2023. The bankruptcy was closed on 27 February 2024.23

  1. 1National Bank, annual accounts 2014 and 2017
  2. 2Belgian Official Gazette, 30-01-2023
  3. 3Belgian Official Gazette, 13-03-2024

Company details

Inactive

JOINING HANDS is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2017
Last registered office
Groene-Swaenlaan 53, 2940 Stabroekas published on 25 April 2018
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2014
Official KBO record

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