MARIBOL
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 29 October 2019 · trustee Elisa Decostere · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Supervising judge
- Ghislain Leroy
- Official Gazette
- 05-11-2019search the document for 2019/156101
Deadlines
- Provisional date payments stopped
- 29 October 2019A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 20 November 2019That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 28 November 2019art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 17 December 2019Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 29 October 2020A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Elisa DecostereRoeselaarsestraat 55 A, 8850 Ardooieelisa.decostere@advocaat.be
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 27-10-2008
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.174.483.444 8770 Ingelmunster, since 28-10-2008
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2016
- Gross margin
- €39,626
- ▲ 15.9%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €4,464
- ▼ 51.9%
- Equity
- €21,138
- ▲ 26.8%
- Total assets
- €390,293
- ▲ 3.7%
Filed on 30-08-2017
Financials
Financials · financial year 2016, micro format
2016 annual accounts filed 30 days after the deadline Filed on 30 August 2017, deadline 31 July 2017 (7 months after the close on 31 December 2016, Companies Code art. 3:10). Source: NBB, 2017-53500475.
Annual accounts 2016 filed on 30-08-2017 PDF all 8 filings
Turnover
≈ €160,000
Estimated: probably between €96,000 and €290,000
Total assets
€390,293▲ 3.7%
2015 · €376,499
Net result
€4,464▼ 51.9%
2015 · €9,286
Working capital
€139,920▲ 14.7%
2015 · €122,023
Trend over the years
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result for 2016 is 23% higher than in 2015 and the highest since 2012. It is the second rise in a row, after the fall in 2014.
Operating result€28,608
2016
Net result€4,464
2016
Total assets€390,293
2016
Equity€21,138
2016
Debt€369,156
2016
Working capital€139,920
2016
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Operating result€15,177-€20,935▲ 37.9%€11,656▼ 44.3%€23,216▲ 99.2%€28,608▲ 23.2%
Net result€9,597-€4,906▼ 48.9%€1,511▼ 69.2%€9,286▲ 515%€4,464▼ 51.9%
Equity€971-€5,878▲ 505%€7,388▲ 25.7%€16,674▲ 126%€21,138▲ 26.8%
Total assets€278,966-€258,032▼ 7.5%€349,952▲ 35.6%€376,499▲ 7.6%€390,293▲ 3.7%
Debt€277,994-€252,154▼ 9.3%€342,563▲ 35.9%€359,824▲ 5.0%€369,156▲ 2.6%
Working capital€40,600-€37,331▼ 8.1%€126,022▲ 238%€122,023▼ 3.2%€139,920▲ 14.7%
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €390,293
Fixed assets
€134,477 ▼ 6.3%
Current assets
€255,816 ▲ 9.8%
Equity and liabilities €390,293
Equity
€21,138 ▲ 26.8%
Debt
€369,156 ▲ 2.6%
Debt's share of the balance-sheet total falls from 95.6% to 94.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37,585▲
2015 · €32,296
Cash flow
€13,440▼
2015 · €18,365
Current ratio
2.21▲
2015 · 2.10
Debt to equity
11.98▼
2015 · 14.92
ROE
21.1%▼
2015 · 55.7%
ROA
1.1%▼
2015 · 2.5%
Debt ≤ 1 year
€115,896▲
2015 · €111,022
Debt > 1 year
€253,259▲
2015 · €248,803
Income taxes
€1,390▼
2015 · €8,045
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,761 | €16,460 | €15,299 | €9,079 | €8,977 | ▼ 1.1% |
| Gross operating margin9900 | €33,465 | €42,348 | €28,835 | €34,180 | €39,626 | ▲ 15.9% |
| Operating profit (loss)9901 | €15,177 | €20,935 | €11,656 | €23,216 | €28,608 | ▲ 23.2% |
| Recurring financial income75 | €15 | €22 | €12,357 | €13,093 | - | - |
| Recurring financial charges65 | €5,594 | €14,376 | €21,801 | €18,978 | €22,754 | ▲ 19.9% |
| Profit (loss) for the period before taxes9903 | €9,597 | €6,581 | €2,211 | €17,331 | €5,854 | ▼ 66.2% |
| Income taxes67/77 | - | €1,675 | €701 | €8,045 | €1,390 | ▼ 82.7% |
| Profit (loss) for the period9904 | €9,597 | €4,906 | €1,511 | €9,286 | €4,464 | ▼ 51.9% |
| Profit (loss) for the period to be appropriated9905 | €9,597 | €4,906 | €1,511 | €9,286 | €4,464 | ▼ 51.9% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €278,966 | €258,032 | €349,952 | €376,499 | €390,293 | ▲ 3.7% |
| Fixed assets21/28 | €183,864 | €167,833 | €152,533 | €143,454 | €134,477 | ▼ 6.3% |
| Tangible fixed assets22/27 | €183,864 | €167,833 | €152,533 | €143,454 | €134,477 | ▼ 6.3% |
| Current assets29/58 | €95,102 | €90,199 | €197,418 | €233,045 | €255,816 | ▲ 9.8% |
| Stocks and contracts in progress3 | €693 | €731 | €1,319 | €1,446 | - | - |
| Amounts receivable within one year40/41 | €81,897 | €73,378 | €193,763 | €229,309 | €255,018 | ▲ 11.2% |
| Cash at bank and in hand54/58 | €5,812 | €12,158 | €583 | €1,721 | €798 | ▼ 53.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €278,966 | €258,032 | €349,952 | €376,499 | €390,293 | ▲ 3.7% |
| Equity10/15 | €971 | €5,878 | €7,388 | €16,674 | €21,138 | ▲ 26.8% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | - | - | - | €4,274 | €8,738 | ▲ 104% |
| Profit (loss) carried forward14 | -€11,429 | -€6,522 | -€5,012 | - | - | - |
| Amounts payable17/49 | €277,994 | €252,154 | €342,563 | €359,824 | €369,156 | ▲ 2.6% |
| Amounts payable after more than one year17 | €223,492 | €199,286 | €271,167 | €248,803 | €253,259 | ▲ 1.8% |
| Amounts payable within one year42/48 | €54,502 | €52,868 | €71,397 | €111,022 | €115,896 | ▲ 4.4% |
| Trade debts44 | €28,566 | €24,604 | €40,905 | €68,562 | €89,724 | ▲ 30.9% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,597 | €4,906 | €1,511 | €9,286 | €4,464 | ▼ 51.9% |
| + Depreciation and write-downs630 | €16,761 | €16,460 | €15,299 | €9,079 | €8,977 | ▼ 1.1% |
| Operating cash flow (approximation) | €26,358 | €21,366 | €16,810 | €18,365 | €13,440 | ▼ 26.8% |
| Investment in fixed assets (approximation) | - | -€429 | €0 | €0 | €0 | - |
| Change in cash | - | €6,346 | -€11,574 | €1,138 | -€923 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2016 | micro format | 30-08-2017 | 2017-53500475 | |
| 31-12-2015 | abbreviated format | 20-06-2017 | 2017-20600197 | |
| 31-12-2014 | abbreviated format | 17-05-2016 | 2016-12900055 | |
| 31-12-2013 | abbreviated format | 12-01-2015 | 2015-01200588 | |
| 31-12-2012 | abbreviated format | 17-09-2013 | 2013-58300296 | |
| 31-12-2011 | abbreviated format | 31-10-2012 | 2012-63000155 | |
| 31-12-2010 | abbreviated format | 29-05-2012 | 2012-14300382 | |
| 31-12-2009 | abbreviated format | 26-08-2010 | 2010-46000011 |
Board & ownership
Directors
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Elisa Decostere Roeselaarsestraat 55 A, 8850 Ardooie |
29-10-2019 → present |
Owners and capital
Owners
Timeline
Acts, filings and financial milestones
2019
05-11
Bankruptcy
Bankruptcy declared
Enterprise Court of Ghent, Kortrijk division · judgment of 29-10-2019
2017
2016
17-05
abbreviated format · 291 days late
2015
12-01
abbreviated format · 165 days late
2014
31-12
Financial
Weakest financial yearnet €1,511 ▼69.2%
The net result drops to €1,511, the lowest from 2012 to 2016.
2013
17-09
abbreviated format · 48 days late
2012
2010
26-08
abbreviated format · 26 days late
2008
05-11
4 publications in the Belgian Official Gazette, the last on 05-11-2019
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2016
- Legal form
- Private limited company (pre-2019)
- Active since
- 27 October 2008
Register details
Identity
Name
MARIBOL in Dutch
Enterprise number
0807.417.211
Entity type
Legal entity
Registered office and establishments
Registered office
Doelstraat 153A, 8770 Ingelmunster, Belgium
Establishment unit
MARIBOL BVBA, Stationsstraat 4, 8770 Ingelmunster since 28-10-2008 · unit number 2.174.483.4449630103
Invoicing and payment
VAT number
BE 0807.417.211
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,216 m²
Building footprint
538 m²
Building volume
3,965 m³
Tallest building: 15.7 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36007A0516/00E000 | Flanders | 696 m² | 1 · 237 m² | 7.5 m · 1 |
| 36007A1030/00F000 | Flanders | 520 m² | 1 · 301 m² | 15.7 m · 4 |