KHEOPS
InactiveKHEOPS was declared bankrupt on 25-10-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 08-10-2024, published in the Belgian State Gazette on 20-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 21-06-2022, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
40 d early
2020
40 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 42 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, abbreviated schema
Turnover
€49,400▲ 52.4%
2020 · €32,407
EBIT margin
1.4%▲ 8.4pp
2020 · -7.1%
Net result
€600
2020 · -€2,914
Working capital
€4,293▲ 16.3%
2020 · €3,692
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€73,299-€71,668▼ 2.2%€32,407▼ 54.8%€49,400▲ 52.4%
Operating result-€3,644-€1,639-€2,288€679
Net result-€1,611--€3,862▼ 140%-€2,914▲ 24.6%€600
EBIT margin-5.0%-2.3%▲ 7.3pp-7.1%▼ 9.3pp1.4%▲ 8.4pp
Equity€14,738-€10,876▼ 26.2%€7,962▼ 26.8%€8,563▲ 7.5%
Total assets€22,580-€23,914▲ 5.9%€20,393▼ 14.7%€26,712▲ 31.0%
Debt€7,842-€13,038▲ 66.3%€12,430▼ 4.7%€18,149▲ 46.0%
Working capital€10,468-€6,606▼ 36.9%€3,692▼ 44.1%€4,293▲ 16.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €679 after a loss of €2,288 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €26,712
Fixed assets
€4,270 =
Current assets
€22,442 ▲ 39.2%
Equity and liabilities €26,712
Equity
€8,563 ▲ 7.5%
Debt
€18,149 ▲ 46.0%
Debt's share of the balance-sheet total rises from 61.0% to 67.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.24▼
2020 · 1.30
Quick ratio
1.21▼
2020 · 1.23
Debt to equity
2.12
ROE
7.0%▲
2020 · -36.6%
ROA
2.2%▲
2020 · -14.3%
Debt ≤ 1 year
€18,149▲
2020 · €12,430
Income taxes
-€90▼
2020 · €393
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €73,299 | €71,668 | €32,407 | €49,400 | ▲ 52.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €58,959 | - |
| Other operating charges640/8 | - | - | - | €293 | - |
| Gross operating margin9900 | -€3,462 | €1,872 | -€1,793 | €972 | ▲ 154% |
| Operating profit (loss)9901 | -€3,644 | €1,639 | -€2,288 | €679 | ▲ 130% |
| Financial income75/76B | - | - | - | €8 | - |
| Recurring financial income75 | €3 | €19 | €1 | €8 | ▲ 670% |
| Financial charges65/66B | - | - | - | €177 | - |
| Recurring financial charges65 | €64 | €31 | €234 | €177 | ▼ 24.4% |
| Profit (loss) for the period before taxes9903 | -€1,611 | -€3,296 | -€2,520 | €511 | ▲ 120% |
| Income taxes67/77 | - | €566 | €393 | -€90 | ▼ 123% |
| Profit (loss) for the period9904 | -€1,611 | -€3,862 | -€2,914 | €600 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | -€1,611 | -€3,862 | -€2,914 | €600 | ▲ 121% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €22,580 | €23,914 | €20,393 | €26,712 | ▲ 31.0% |
| Fixed assets21/28 | €4,270 | €4,270 | €4,270 | €4,270 | = |
| Tangible fixed assets22/27 | - | - | - | €0 | - |
| Financial fixed assets28 | €4,270 | €4,270 | €4,270 | €4,270 | = |
| Current assets29/58 | €18,310 | €19,644 | €16,123 | €22,442 | ▲ 39.2% |
| Stocks and contracts in progress3 | €494 | €839 | €809 | €472 | ▼ 41.6% |
| Stocks30/36 | - | - | - | €472 | - |
| Amounts receivable within one year40/41 | €13,317 | €15,530 | €12,434 | €14,937 | ▲ 20.1% |
| Trade receivables40 | - | - | - | €14,493 | - |
| Other amounts receivable41 | - | - | - | €444 | - |
| Cash at bank and in hand54/58 | €4,499 | €3,274 | €1,218 | €5,203 | ▲ 327% |
| Deferred charges and accrued income490/1 | - | - | - | €1,830 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €22,580 | €23,914 | €20,393 | €26,712 | ▲ 31.0% |
| Equity10/15 | €14,738 | €10,876 | €7,962 | €8,563 | ▲ 7.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | - |
| Issued capital100 | - | - | - | €18,592 | - |
| Profit (loss) carried forward14 | -€3,854 | -€7,716 | -€10,630 | -€10,029 | ▲ 5.6% |
| Amounts payable17/49 | €7,842 | €13,038 | €12,430 | €18,149 | ▲ 46.0% |
| Amounts payable within one year42/48 | €7,842 | €13,038 | €12,430 | €18,149 | ▲ 46.0% |
| Trade debts44 | €5,957 | €8,605 | €9,821 | €13,971 | ▲ 42.3% |
| Suppliers440/4 | - | - | - | €5,840 | - |
| Bills of exchange payable441 | - | - | - | €8,131 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,650 | - |
| Taxes450/3 | - | - | - | €1,650 | - |
| Other amounts payable47/48 | - | - | - | €2,528 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,611 | -€3,862 | -€2,914 | €600 | ▲ 121% |
| Operating cash flow (approximation) | -€1,611 | -€3,862 | -€2,914 | €600 | ▲ 121% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€1,225 | -€2,056 | €3,984 | ▲ 294% |
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
20-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 08-10-2024
2022
31-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 25-10-2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €600
Net result €600 after 3 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€3,862
Net result drops to -€3,862, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
08-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 8 days late
2013
22-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
17-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 48 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXIA DE CLERCQ EDGARD GEVAERTDREEF 10,
9830 SINT-MARTENS-LATEM |
25-10-2022 → 08-10-2024 |