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KOBBAI

Inactive
KBO/BCE: BE 0598.888.886

KOBBAI was declared bankrupt on 24-11-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-03-2024, published in the Belgian State Gazette on 25-03-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2018
116 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 74 days after 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)
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

History

KOBBAI has filed 4 sets of annual accounts, the latest for fiscal year 2020.1 The company was declared bankrupt on 24 November 2021; the bankruptcy was closed on 12 March 2024.23

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 01-12-2021
  3. 3Belgian State Gazette, 25-03-2024

Financials · fiscal year 2020, micro schema

Equity
-€40,482▼ 795%
2018 · -€4,523
Total assets
€84,488▲ 85,241%
2018 · €99
Net result
-€24,585▼ 81,850%
2018 · -€30
Working capital
-€69,045▼ 1,427%
2018 · -€4,523
Trend over the years

Click a name to add, emphasise or remove a line.

Available amounts per fiscal year
Line20182020
Operating result-€22,811-
Net result-€30--€24,585-
Equity-€4,523--€40,482-
Total assets€99-€84,488-
Debt€4,622-€124,970-
Working capital-€4,523--€69,045-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Net result 2018: -€30-€30Operating result 2020: -€22,811-€22,811Net result 2020: -€24,585-€24,58520182020-€30,000-€20,000-€10,000€0Net result 2018: -€30-€30Operating result 2020: -€22,811-€22,800Net result 2020: -€24,585-€24,60020182020
2020 is the only fiscal year with figures: the operating result is a loss of €22,811.
Balance-sheet composition
Assets €84,488
Fixed assets €65,222
Current assets €19,266
Key figures and ratios
2020 value · change against 2018
Solvency
-47.9%
Current ratio
0.22
Debt to equity
-0.91
ROA
-29.1%
Debt ≤ 1 year
€88,311▲
2018 · €4,622
Debt > 1 year
€36,653
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2018 · 21 lines
Balance sheet Code20182020
Assets
Total assets20/58€99€84,488▲
Fixed assets21/28-€65,222
Tangible fixed assets22/27-€65,102
Financial fixed assets28-€120
Current assets29/58€99€19,266▲
Amounts receivable within one year40/41€99€16,328▲
Cash at bank and in hand54/58-€2,938
Equity and liabilities
Total equity and liabilities10/49€99€84,488▲
Equity10/15-€4,523-€40,482▼
Contributions10/11€7,347€7,347=
Profit (loss) carried forward14-€11,870-€47,829▼
Amounts payable17/49€4,622€124,970▲
Amounts payable after more than one year17-€36,653
Amounts payable within one year42/48€4,622€88,311▲
Trade debts44€2,015€54,518▲
Income statement Code20182020
Gross operating margin9900--€7,311
Operating profit (loss)9901--€22,811
Recurring financial charges65€30€1,774▲
Profit (loss) for the period before taxes9903-€30-€24,585▼
Profit (loss) for the period9904-€30-€24,585▼
Profit (loss) for the period to be appropriated9905-€30-€24,585▼
Line20182020Change
Gross operating margin9900--€7,311-
Operating profit (loss)9901--€22,811-
Recurring financial charges65€30€1,774-
Profit (loss) for the period before taxes9903-€30-€24,585-
Profit (loss) for the period9904-€30-€24,585-
Profit (loss) for the period to be appropriated9905-€30-€24,585-
Line20182020Change
Assets
Total assets20/58€99€84,488-
Fixed assets21/28-€65,222-
Tangible fixed assets22/27-€65,102-
Financial fixed assets28-€120-
Current assets29/58€99€19,266-
Amounts receivable within one year40/41€99€16,328-
Cash at bank and in hand54/58-€2,938-
Equity and liabilities
Total equity and liabilities10/49€99€84,488-
Equity10/15-€4,523-€40,482-
Contributions10/11€7,347€7,347-
Profit (loss) carried forward14-€11,870-€47,829-
Amounts payable17/49€4,622€124,970-
Amounts payable after more than one year17-€36,653-
Amounts payable within one year42/48€4,622€88,311-
Trade debts44€2,015€54,518-
Line20182020Change
Profit (loss) for the period9904-€30-€24,585-
Operating cash flow (approximation)-€30-€24,585-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
25-03
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 12-03-2024
2021
01-12
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 24-11-2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2019
24-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 116 days late
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
13-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
SignalNBB filing
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.

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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 NICOLAS VAN DER BORGHT
AVENUE DE FRE 229, 1180 FR BRUXELLES 18
24-11-2021 → 12-03-2024