METANAX
InactiveMETANAX was declared bankrupt on 14-12-2021 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 21-03-2023, published in the Belgian State Gazette on 27-03-2023.
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.
○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 deadline22-09-2026 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 11-08-2021, 11 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
11 d late
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€92k▼ 41.8%
2019 · €157k
2018: €159k
2019: €157k
2018 → 2020
Total assets
€440k▲ 118%
2019 · €202k
2018: €761k
2019: €202k
2018 → 2020
Net result
€-66k▼ 3,715%
2019 · €-2k
2018: €24k
2019: €-2k
2018 → 2020
Working capital
€92k▼ 41.1%
2019 · €156k
2018: €157k
2019: €156k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€159k-€157k▼ 1.1%€92k▼ 41.8%
Operating result€29k-€-201k€-62k▲ 69.1%
Net result€24k-€-2k€-66k▼ 3,715%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62k in 2020 against €201k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €440k
Equity
€92k▼ 41.8%
Debt
€348k▲ 687%
The debt ratio rises from 21.9% to 79.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
20.9%▼
2019 · 78.1%
Current ratio
1.26▼
2019 · 4.52
Quick ratio
1.12▼
2019 · 3.36
ROE
-71.8%▼
2019 · -1.1%
ROA
-15.0%▼
2019 · -0.9%
Debt
€348k▲
2019 · €44k
Debt ≤ 1 year
€348k▲
2019 · €44k
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€202k€440k▲
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Current assets29/58€200k€440k▲
Stocks and contracts in progress3€51k€51k=
Amounts receivable within one year40/41€120k€381k▲
Cash at bank and in hand54/58€27k€7k▼
Equity and liabilities
Total equity and liabilities10/49€202k€440k▲
Equity10/15€157k€92k▼
Contributions10/11€62k€62k=
Reserves13€95k€30k▼
Amounts payable17/49€44k€348k▲
Amounts payable within one year42/48€44k€348k▲
Trade debts44€44k€48k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€634-
Gross operating margin9900€-89k€-58k▲
Operating profit (loss)9901€-201k€-62k▲
Recurring financial income75€1-
Recurring financial charges65€325€3k▲
Profit (loss) for the period before taxes9903€-2k€-66k▼
Profit (loss) for the period9904€-2k€-66k▼
Profit (loss) for the period to be appropriated9905€-2k€-66k▼
Timeline · acts, filings and financial milestones
2023
27-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · METANAX NV TOEKOMSTLAAN 34/36, 2200 HERENTALS · event 21-03-2023
2021
21-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · METANAX NV TOEKOMST- LAAN 34/36, 2200 HERENTALS · event 14-12-2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 4.52
Current ratio from 1.26 to 4.52; short-term debt falls from €602k to €44k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
17-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
19-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF BENIJTS LIERSEWEG 271-273,
2200 HERENTALS |
14-12-2021 → present |
| Curator | PHILIP SOMERS LIER-
SEWEG 271-273, 2200 HERENTALS |
14-12-2021 → present |
| Curator | VEERLE
VERHAEGEN STEENWEG OP ZEVENDONK 60, 2300 TURNHOUT- |
14-12-2021 → present |