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KAZILAS

Inactive
KBO/BCE: BE 0862.329.604

KAZILAS was declared bankrupt on 05-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 21-03-2023, published in the Belgian State Gazette on 27-03-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

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 30-06-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-06-2019 close31-01-2020 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 21-12-2018, 41 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
not filed
2019
not filed
← 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 2018, micro schema

Turnover
€20k
EBIT margin
-57.4%
Net result
€-2k▲ 85.8%
2017 · €-12k
2014: €1k 2015: €-999 2017: €-12k
2014 → 2018
Working capital
€-1k
2017 · €11k
2014: €10k 2015: €11k 2017: €11k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2014201520172018Trend
Turnover€20k
Equity€12k-€11k▼ 8.2%€-917€-3k▼ 187%
Operating result€-6k-€-1k▲ 82.1%€-12k▼ 1,030%€-1k▲ 90.2%
Net result€1k-€-999€-12k▼ 1,105%€-2k▲ 85.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0Operating result 2014: €-6k€-6kNet result 2014: €1k€1kOperating result 2015: €-1k€-1kNet result 2015: €-999€-999Operating result 2017: €-12k€-12kNet result 2017: €-12k€-12kOperating result 2018: €-1k€-1kNet result 2018: €-2k€-2k2014201520172018€-15k€-10k€-5k€0Operating result 2015: €-1k€-1kNet result 2015: €-999€-999Operating result 2017: €-12k€-12kNet result 2017: €-12k€-12kOperating result 2018: €-1k€-1.1kNet result 2018: €-2k€-1.7k201520172018
The operating result stays negative: a loss of €1k in 2018 against €12k in 2017; the loss shrinks.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €20k
Fixed assets €226 ▼ 25.5%
Current assets €20k ▲ 45.0%
Key figures and ratios
2018 value · change against 2017
EBITDA
€-822▲
2017 · €-11k
Cash flow
€-1k▲
2017 · €-12k
Solvency
-13.0%▼
2017 · -6.5%
Current ratio
0.94▼
2017 · 4.39
ROA
-8.5%▲
2017 · -85.6%
Debt
€23k▲
2017 · €15k
Debt ≤ 1 year
€21k▲
2017 · €3k
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 · 2018 against 2017 · 24 lines
Balance sheet Code20172018
Assets
Total assets20/58€14k€20k▲
Fixed assets21/28€303€226▼
Tangible fixed assets22/27€303€226▼
Current assets29/58€14k€20k▲
Amounts receivable within one year40/41€9k€9k▼
Cash at bank and in hand54/58€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€14k€20k▲
Equity10/15€-917€-3k▼
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Profit (loss) carried forward14€-29k€-31k▼
Amounts payable17/49€15k€23k▲
Amounts payable after more than one year17€12k-
Amounts payable within one year42/48€3k€21k▲
Trade debts44€3k€21k▲
Income statement Code20172018
Turnover70€20k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€424€325▼
Gross operating margin9900€-11k€-710▲
Operating profit (loss)9901€-12k€-1k▲
Recurring financial charges65€312€568▲
Profit (loss) for the period before taxes9903€-12k€-2k▲
Income taxes67/77€71-
Profit (loss) for the period9904€-12k€-2k▲
Profit (loss) for the period to be appropriated9905€-12k€-2k▲

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Timeline · acts, filings and financial milestones

2023
27-03
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 21-03-2023
2021
11-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 05-10-2021
2018
21-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
07-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
30-06
Financial Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
2016
29-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-09
Financial Liquidity triplescurrent ratio 12.33
Current ratio from 3.82 to 12.33; short-term debt falls from €4k to €982.
24-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
12-04
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
31-03
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
26-04
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2008
28-08
NBB filing Annual accounts filed
fiscal year 2007 · full schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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

3 mandates
Role Name Tenure
Curator BERNARD MAILLEUX
PIEPELPOEL 13, 3700 TONGEREN
05-10-2021 → 21-03-2023
Curator FELIX RUYS- SCHAERT
PIEPELPOEL 13, 3700 TONGEREN-
05-10-2021 → 21-03-2023
Curator MARK BERNAERTS
PIEPELPOEL 13, 3700 TONGEREN
05-10-2021 → 21-03-2023