KOBAN
InactiveKOBAN was declared bankrupt on 25-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 13-06-2023, published in the Belgian State Gazette on 19-06-2023.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 2 filingsPosition against the passed deadline
30-06-2019 close31-01-2020 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 01-10-2019, 243 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation 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 →
tick = median of all Belgian filings
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 2018, micro schema
Equity
€5,657▲ 124%
2017 · €2,526
Total assets
€16,466▲ 11.5%
2017 · €14,765
Net result
-€369▲ 97.4%
2017 · -€13,974
Working capital
-€4,395▲ 49.4%
2017 · -€8,687
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
Line20172018
Operating result-€13,825--€304▲ 97.8%
Net result-€13,974--€369▲ 97.4%
Equity€2,526-€5,657▲ 124%
Total assets€14,765-€16,466▲ 11.5%
Debt€12,239-€10,809▼ 11.7%
Working capital-€8,687--€4,395▲ 49.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €304 in 2018 against €13,825 in 2017; the loss shrinks.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €16,466
Fixed assets
€10,052 ▼ 10.4%
Current assets
€6,414 ▲ 80.6%
Equity and liabilities €16,466
Equity
€5,657 ▲ 124%
Debt
€10,809 ▼ 11.7%
Debt's share of the balance-sheet total falls from 82.9% to 65.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€856▲
2017 · -€10,834
Cash flow
€791▲
2017 · -€10,983
Current ratio
0.59▲
2017 · 0.29
ROE
-6.5%▲
2017 · -553.2%
ROA
-2.2%▲
2017 · -94.6%
Debt ≤ 1 year
€10,809▼
2017 · €12,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2017 | 2018 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,991 | €1,160 | ▼ 61.2% |
| Gross operating margin9900 | -€5,750 | €5,719 | ▲ 199% |
| Operating profit (loss)9901 | -€13,825 | -€304 | ▲ 97.8% |
| Recurring financial income75 | €29 | €2 | ▼ 93.1% |
| Recurring financial charges65 | €178 | €67 | ▼ 62.4% |
| Profit (loss) for the period before taxes9903 | -€13,974 | -€369 | ▲ 97.4% |
| Profit (loss) for the period9904 | -€13,974 | -€369 | ▲ 97.4% |
| Profit (loss) for the period to be appropriated9905 | -€13,974 | -€369 | ▲ 97.4% |
| Line | 2017 | 2018 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €14,765 | €16,466 | ▲ 11.5% |
| Formation expenses20 | €0 | €0 | - |
| Fixed assets21/28 | €11,213 | €10,052 | ▼ 10.4% |
| Tangible fixed assets22/27 | €9,613 | €8,452 | ▼ 12.1% |
| Financial fixed assets28 | €1,600 | €1,600 | = |
| Current assets29/58 | €3,552 | €6,414 | ▲ 80.6% |
| Amounts receivable within one year40/41 | €1,598 | €3,867 | ▲ 142% |
| Cash at bank and in hand54/58 | €1,954 | €2,547 | ▲ 30.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €14,765 | €16,466 | ▲ 11.5% |
| Equity10/15 | €2,526 | €5,657 | ▲ 124% |
| Contributions10/11 | €16,500 | €20,000 | ▲ 21.2% |
| Profit (loss) carried forward14 | -€13,974 | -€14,343 | ▼ 2.6% |
| Amounts payable17/49 | €12,239 | €10,809 | ▼ 11.7% |
| Amounts payable within one year42/48 | €12,239 | €10,809 | ▼ 11.7% |
| Trade debts44 | €1,263 | - | - |
| Line | 2017 | 2018 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€13,974 | -€369 | ▲ 97.4% |
| + Depreciation and write-downs630 | €2,991 | €1,160 | ▼ 61.2% |
| Operating cash flow (approximation) | -€10,983 | €791 | ▲ 107% |
| Investment in fixed assets (approximation) | - | €1 | - |
| Change in cash | - | €593 | - |
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
2023
19-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 13-06-2023
2022
31-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 25-10-2022
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 243 days late
2018
25-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 53 days late
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GERT VERREYT BEGIJNENSTRAAT 17, 2300 TURN-
HOUT |
25-10-2022 → 13-06-2023 |
| Curator | THOMAS VAN BOURGOGNIE BEGIJ-
NENSTRAAT 17, 2300 TURNHOUT |
25-10-2022 → 13-06-2023 |