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KENASAER

Open bankruptcy
KBO/BCE: BE 0477.457.457

A bankruptcy procedure is open for KENASAER according to publications in the Belgian State Gazette; curator: INGE VANHOUTTE.

No longer registered with the KBO; last annual accounts for fiscal year 2018.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
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 deadline22-09-2026 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 29-01-2019, 2 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 →
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

Equity
€54k▲ 9.7%
2017 · €49k
2014: €-6k 2015: €18k 2016: €49k 2017: €49k
2014 → 2018
Total assets
€98k▼ 16.6%
2017 · €118k
2014: €91k 2015: €101k 2016: €119k 2017: €118k
2014 → 2018
Net result
€5k▲ 1,818%
2017 · €249
2014: €-64k 2015: €24k 2016: €31k 2017: €249
2014 → 2018
Working capital
€66k▼ 8.4%
2017 · €72k
2014: €34k 2015: €51k 2016: €76k 2017: €72k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20142015201620172018Trend
Equity€-6k-€18k€49k▲ 170%€49k▲ 0.5%€54k▲ 9.7%
Operating result€28k-€29k▲ 2.2%€44k▲ 51.1%€4k▼ 91.8%€8k▲ 120%
Net result€-64k-€24k€31k▲ 29.1%€249▼ 99.2%€5k▲ 1,818%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2014: €28k€28kNet result 2014: €-64k€-64kOperating result 2015: €29k€29kNet result 2015: €24k€24kOperating result 2016: €44k€44kNet result 2016: €31k€31kOperating result 2017: €4k€4kNet result 2017: €249€249Operating result 2018: €8k€8kNet result 2018: €5k€5k20142015201620172018
The operating result recovers in 2018; 2018 is 120% above 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €98k
Fixed assets €1k▼ 37.7%
Current assets €97k▼ 16.2%
Equity and liabilities €98k
Equity €54k▲ 9.7%
Debt €44k▼ 35.6%
The debt ratio falls from 58.1% to 44.9%. Equity is higher and debt is lower.
Key figures and ratios
2018 value · change against 2017
EBITDA
€9k
2017 · €13k
Cash flow
€6k
2017 · €9k
Solvency
55.1%
2017 · 41.9%
Current ratio
3.07
2017 · 2.61
Quick ratio
3.07
2017 · 2.61
Debt / equity
0.18
2017 · 0.44
ROE
8.8%
2017 · 0.5%
ROA
4.9%
2017 · 0.2%
Debt
€44k
2017 · €69k
Debt ≤ 1 year
€32k
2017 · €44k
Debt > 1 year
€10k
2017 · €22k
Income taxes
€3k
2017 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2018 against 2017
Balance sheet Code20172018
Assets
Total assets20/58€118k€98k
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€2k€1k
Current assets29/58€116k€97k
Amounts receivable within one year40/41€8k€786
Cash at bank and in hand54/58€16k€2k
Equity and liabilities
Total equity and liabilities10/49€118k€98k
Equity10/15€49k€54k
Contributions10/11€12k€12k=
Reserves13€4k€4k=
Profit (loss) carried forward14€33k€38k
Amounts payable17/49€69k€44k
Amounts payable after more than one year17€22k€10k
Amounts payable within one year42/48€44k€32k
Trade debts44€2k€1k
Income statement Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€745
Gross operating margin9900€17k€12k
Operating profit (loss)9901€4k€8k
Recurring financial income75€2k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€3k€8k
Income taxes67/77€2k€3k
Profit (loss) for the period9904€249€5k
Profit (loss) for the period to be appropriated9905€249€5k

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Timeline · acts, filings and financial milestones

2022
23-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KENASAER BV KRONEN- BURGERSTRAAT 106, 2000 ANTWERPEN 1 · event 16-06-2022
2019
29-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
10-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
Financial Highest result since 2014net €31k ▲29.1%
Operating result €44k, net result €31k, both a record.
27-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
30-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
14-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 14 days late
2013
15-02
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 15 days late
2012
29-02
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 29 days late
2010
20-12
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
22-12
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

1 mandate
Role Name Tenure
Curator INGE VANHOUTTE
HEIDEBAAN 130 E, 9100 SINT- NIKLAAS
16-06-2022 → present