MEDICATABLET
Open bankruptcyA bankruptcy procedure is open for MEDICATABLET according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○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 · 8 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 18-06-2021, 43 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
43 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€43k▲ 8.0%
2019 · €40k
2018: €46k
2019: €40k
2018 → 2020
Total assets
€95k▼ 12.0%
2019 · €108k
2018: €145k
2019: €108k
2018 → 2020
Net result
€-1k▲ 89.0%
2019 · €-13k
2018: €2k
2019: €-13k
2018 → 2020
Working capital
€85k▲ 3.9%
2019 · €82k
2018: €88k
2019: €82k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€46k-€40k▼ 12.0%€43k▲ 8.0%
Operating result€2k-€-15k€-1k▲ 91.6%
Net result€2k-€-13k€-1k▲ 89.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2020 against €15k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €95k
Equity
€43k▲ 8.0%
Debt
€51k▼ 23.9%
The debt ratio falls from 62.8% to 54.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
45.7%▲
2019 · 37.2%
Current ratio
10.00▲
2019 · 4.20
Quick ratio
10.00▲
2019 · 4.20
ROE
-3.3%▲
2019 · -32.9%
ROA
-1.5%▲
2019 · -12.2%
Debt
€51k▼
2019 · €68k
Debt ≤ 1 year
€9k▼
2019 · €26k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€108k€95k▼
Current assets29/58€108k€95k▼
Amounts receivable within one year40/41€108k€94k▼
Cash at bank and in hand54/58€51€37▼
Equity and liabilities
Total equity and liabilities10/49€108k€95k▼
Equity10/15€40k€43k▲
Contributions10/11€14k€19k▲
Reserves13€2k€2k=
Profit (loss) carried forward14€24k€23k▼
Amounts payable17/49€68k€51k▼
Amounts payable within one year42/48€26k€9k▼
Trade debts44€23k€9k▼
Income statement
Code20192020
Gross operating margin9900€-15k€-899▲
Operating profit (loss)9901€-15k€-1k▲
Recurring financial charges65€332€205▼
Profit (loss) for the period before taxes9903€-17k€-1k▲
Income taxes67/77€-4k-
Profit (loss) for the period9904€-13k€-1k▲
Profit (loss) for the period to be appropriated9905€-13k€-1k▲
Timeline · acts, filings and financial milestones
2022
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MEDICATABLET BV JOSSE BIESMANSSTRAAT 7, 1560 HOEILAART · event 19-04-2022
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 10.00
Current ratio from 4.20 to 10.00; short-term debt falls from €26k to €9k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-13k ▼793%
Net result drops to €-13k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
05-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 66 days late
2014
27-03
NBB filing
Annual accounts filed
fiscal year 2013 · 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 | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
19-04-2022 → present |