LA BREA
InactiveLA BREA was declared bankrupt on 27-09-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 04-06-2024, published in the Belgian State Gazette on 11-06-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 deadline23-09-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 02-08-2022, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d late
2020
15 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-11k▲ 1.5%
2020 · €-12k
2018: €-26k
2019: €-27k
2020: €-12k
2018 → 2021
Total assets
€37k▲ 24.6%
2020 · €30k
2018: €19k
2019: €17k
2020: €30k
2018 → 2021
Net result
€178▼ 98.8%
2020 · €15k
2018: €-2k
2019: €-1k
2020: €15k
2018 → 2021
Working capital
€-23k▲ 4.9%
2020 · €-24k
2018: €-37k
2019: €-37k
2020: €-24k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-26k-€-27k▼ 4.2%€-12k▲ 56.7%€-11k▲ 1.5%
Operating result€-374-€887€20k▲ 2,211%€3k▼ 87.7%
Net result€-2k-€-1k▲ 50.2%€15k€178▼ 98.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 88% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €37k
Fixed assets
€12k▼ 8.1%
Current assets
€25k▲ 49.2%
Key figures and ratios
EBITDA
€4k▼
2020 · €23k
Cash flow
€1k▼
2020 · €17k
Solvency
-31.0%▲
2020 · -39.3%
Current ratio
0.52▲
2020 · 0.41
Quick ratio
0.52▲
2020 · 0.41
Debt / equity
-4.22
ROA
0.5%▼
2020 · 51.5%
Interest coverage
1.51
Debt
€49k▲
2020 · €41k
Debt ≤ 1 year
€49k▲
2020 · €41k
Staff costs
€39k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€30k€37k▲
Fixed assets21/28€13k€12k▼
Tangible fixed assets22/27€7k€6k▼
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€1k
Financial fixed assets28€5k€5k=
Current assets29/58€17k€25k▲
Amounts receivable within one year40/41€3€780▲
Trade receivables40-€372
Other amounts receivable41-€408
Cash at bank and in hand54/58€17k€24k▲
Deferred charges and accrued income490/1-€215
Equity and liabilities
Total equity and liabilities10/49€30k€37k▲
Equity10/15€-12k€-11k▲
Contributions10/11-€12k
Profit (loss) carried forward14€-24k€-24k▲
Amounts payable17/49€41k€49k▲
Amounts payable within one year42/48€41k€49k▲
Trade debts44€17k€13k▼
Suppliers440/4-€13k
Taxes, remuneration and social security45-€4k
Remuneration and social security454/9-€4k
Other amounts payable47/48-€31k
Income statement
Code20202021
Remuneration, social security and pensions62-€39k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8-€1k
Gross operating margin9900€65k€44k▼
Operating profit (loss)9901€20k€3k▼
Financial income75/76B-€0
Recurring financial income75€4€0▼
Financial charges65/66B-€2k
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€15k€178▼
Profit (loss) for the period9904€15k€178▼
Profit (loss) for the period to be appropriated9905€15k€178▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-24k
Profit (loss) brought forward from the previous period14P-€-24k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
11-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · LA BREA BVBA ANTWERPSESTEENWEG 6, 2550 KONTICH · event 04-06-2024
2022
03-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · LA BREA BVBA ANTWERPSE- STEENWEG 6, 2550 KONTICH · event 27-09-2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 21 days late
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 | STEFFI VANHULLE GROTE BAAN 68, 9120 BEVEREN-
WAAS |
27-09-2022 → present |