MARWATEX
InactiveMARWATEX was declared bankrupt on 22-01-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 29-10-2024, published in the Belgian State Gazette on 06-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · 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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 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 01-10-2021, 62 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
62 d late
2019
146 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€27k▲ 68.7%
2018 · €16k
2018: €16k
2018 → 2019
EBIT margin
-8.3%▼ 2.2pp
2018 · -6.1%
2018: -6.1%
2018 → 2019
Net result
€-35k▼ 1,443%
2019 · €-2k
2018: €-981
2019: €-2k
2018 → 2020
Working capital
€-37k▼ 1,614%
2019 · €-2k
2019: €-2k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€16k-€27k▲ 68.7%
Equity€465-€-2k€-37k▼ 1,944%
Operating result€-981-€-2k▼ 130%€-35k▼ 1,441%
Net result€-981-€-2k▼ 130%€-35k▼ 1,443%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2020 against €2k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1k
Fixed assets
€365 =
Current assets
€681 ▲ 148%
Key figures and ratios
Debt
€38k▲
2019 · €2k
Debt ≤ 1 year
€38k▲
2019 · €2k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 19 lines
Balance sheet
Code20192020
Assets
Total assets20/58€640€1k▲
Fixed assets21/28€365€365=
Financial fixed assets28€365€365=
Current assets29/58€275€681▲
Amounts receivable within one year40/41-€369
Cash at bank and in hand54/58€275€311▲
Equity and liabilities
Total equity and liabilities10/49€640€1k▲
Equity10/15€-2k€-37k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-20k€-55k▼
Amounts payable17/49€2k€38k▲
Amounts payable within one year42/48€2k€38k▲
Income statement
Code20192020
Turnover70€27k-
Gross operating margin9900€10k€-35k▼
Operating profit (loss)9901€-2k€-35k▼
Recurring financial charges65-€49
Profit (loss) for the period before taxes9903€-2k€-35k▼
Profit (loss) for the period9904€-2k€-35k▼
Profit (loss) for the period to be appropriated9905€-2k€-35k▼
Timeline · acts, filings and financial milestones
2024
06-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · MARWATEX SRL RUE DE GRAND-BIGARD 427, 1082 BERCHEM-SAINTE-AGATHE. déclarée le 22 janvier 2024 · event 29-10-2024
29-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · MARWATEX SRL RUE DE GRAND- BIGARD 427, 1082 BERCHEM-SAINTE-AGATHE · event 22-01-2024
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series.
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 146 days late
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 406 days late
09-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 771 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
14-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 75 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
21-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 21 days late
2011
19-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
22-01-2024 → 29-10-2024 |