Losses
Every financial year from 2015 to 2020 closed with a loss. 2020 was the heaviest.
Every financial year from 2015 to 2020 closed with a loss. 2020 was the heaviest.
Of this, €88,311 falls due within a year.
The 2018 accounts came latest: 116 days after the end of the period.
On 24 November 2021 the court declared KOBBAI bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2020 | 2018 | 2016 | 2015 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
84,488 | 99 | 2,294 | 8,641 | |
21/28 |
65,222 | - | 120 | 120 | |
22/27 |
65,102 | - | - | - | |
23 |
30,173 | - | - | - | |
24 |
34,929 | - | - | - | |
28 |
120 | - | 120 | 120 | |
29/58 |
19,266 | 99 | 2,174 | 8,521 | |
40/41 |
16,328 | 99 | 1,133 | 5,234 | |
40 |
- | - | 763 | - | |
41 |
16,328 | 99 | 370 | 5,234 | |
54/58 |
2,938 | - | 1,041 | 3,286 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
84,488 | 99 | 2,294 | 8,641 | |
10/15 |
-40,482 | -4,523 | -4,943 | -229 | |
10/11 |
7,347 | 7,347 | 6,200 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | |
101 |
11,253 | 11,253 | 12,400 | 12,400 | |
14 |
-47,829 | -11,870 | -11,143 | -6,429 | |
17/49 |
124,970 | 4,622 | 7,237 | 8,870 | |
17 |
36,653 | - | - | - | |
170/4 |
36,653 | - | - | - | |
42/48 |
88,311 | 4,622 | 7,237 | 8,870 | |
42 |
8,187 | - | - | - | |
44 |
54,518 | 2,015 | 5,821 | 8,870 | |
440/4 |
54,518 | 2,015 | 5,821 | 8,870 | |
45 |
16,987 | - | 1,417 | - | |
450/3 |
10,105 | - | 196 | - | |
454/9 |
6,882 | - | 1,220 | - | |
47/48 |
8,619 | 2,607 | - | - | |
492/3 |
6 | - | - | - | |
| Income statement | |||||
76A |
7,555 | - | - | - | |
9900 |
-7,311 | - | -3,831 | -5,988 | |
60/61 |
14,866 | - | - | - | |
62 |
15,500 | - | - | - | |
640/8 |
- | - | 412 | 137 | |
9901 |
-22,811 | - | -4,243 | -6,125 | |
75/76B |
- | - | 0 | 0 | |
75 |
- | - | 0 | 0 | |
65/66B |
1,774 | 30 | 472 | 304 | |
65 |
1,774 | 30 | 472 | 304 | |
9903 |
-24,585 | -30 | -4,715 | -6,429 | |
9904 |
-24,585 | -30 | -4,715 | -6,429 | |
9905 |
-24,585 | -30 | -4,715 | -6,429 | |
| Appropriation of the result | |||||
9906 |
-47,829 | -11,870 | -11,143 | -6,429 | |
| Document | |||||
Source: Annual accounts 2020 (PDF), filed on 31-08-2021.
2020 annual accounts filed 31 days after the deadline. Filed on 31 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-63400441.
| Line | Trend | 2020 | 2018 | 2016 | 2015 |
|---|---|---|---|---|---|
| 65,222 | - | - | 120 | ||
| - | - | -2,245 | - | ||
| -69,045 | -4,523 | -5,063 | -349 | ||
| -47.9% | - | - | -2.6% | ||
| 0.22 | - | - | 0.96 | ||
| -29.1% | - | - | -74.4% | ||
| 1339 days | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2020 is a loss of €22,811, against a loss of €4,243 in 2016. Comparable figures for the intervening years are unavailable.
Equity is negative. Debt (€124,970) exceeds the balance-sheet total (€84,488).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
KOBBAI is no longer in the KBO register.
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