N.D.S. ELECTRICITY
InactiveN.D.S. ELECTRICITY was declared bankrupt on 31-05-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 03-10-2023, published in the Belgian State Gazette on 10-10-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2018.
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 30-06-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2019 close31-01-2020 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 31-01-2019, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2018, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▼ 38.7%
2017 · €6k
2016: €10k
2017: €6k
2016 → 2018
Working capital
€26k▲ 41.2%
2017 · €18k
2016: €9k
2017: €18k
2016 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201620172018Trend
Equity€16k-€22k▲ 38.7%€26k▲ 17.1%
Operating result€13k-€8k▼ 34.3%€6k▼ 30.9%
Net result€10k-€6k▼ 36.2%€4k▼ 38.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2018 is 31% below 2017 and is the lowest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €52k
Fixed assets
€545▼ 84.9%
Current assets
€52k▲ 56.5%
Equity and liabilities €52k
Equity
€26k▲ 17.1%
Debt
€27k▲ 80.0%
The debt ratio rises from 40.5% to 51.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2017 · €11k
Cash flow
€7k▼
2017 · €9k
Solvency
48.9%▼
2017 · 59.5%
Current ratio
2.00▼
2017 · 2.24
Quick ratio
1.87▼
2017 · 2.02
Debt / equity
0.00▼
2017 · 0.00
ROE
14.6%▼
2017 · 27.9%
ROA
7.1%▼
2017 · 16.6%
Debt
€27k▲
2017 · €15k
Debt ≤ 1 year
€26k▲
2017 · €15k
Debt > 1 year
€0▼
2017 · €17
Income taxes
€2k▼
2017 · €2k
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 · 2018 against 2017
Balance sheet
Code20172018
Assets
Total assets20/58€37k€52k▲
Fixed assets21/28€4k€545▼
Tangible fixed assets22/27€4k€545▼
Current assets29/58€33k€52k▲
Stocks and contracts in progress3€3k€3k=
Amounts receivable within one year40/41€28k€38k▲
Cash at bank and in hand54/58€577€9k▲
Equity and liabilities
Total equity and liabilities10/49€37k€52k▲
Equity10/15€22k€26k▲
Contributions10/11€6k€6k=
Reserves13€15k€15k=
Profit (loss) carried forward14€802€5k▲
Amounts payable17/49€15k€27k▲
Amounts payable after more than one year17€17€0▼
Amounts payable within one year42/48€15k€26k▲
Trade debts44€9k€22k▲
Income statement
Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Gross operating margin9900€12k€11k▼
Operating profit (loss)9901€8k€6k▼
Recurring financial income75€917€2k▲
Recurring financial charges65€775€1k▲
Profit (loss) for the period before taxes9903€9k€6k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€6k€4k▼
Profit (loss) for the period to be appropriated9905€6k€4k▼
Timeline · acts, filings and financial milestones
2023
10-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · N.D.S. ELECTRICITY BV SINT-RUMOLDUSSTRAAT 22, 1851- GRIMBERGEN · event 03-10-2023
2022
03-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · N.D.S. ELECTRICITY BV SINT- RUMOLDUSSTRAAT 22, 1851- GRIMBERGEN · event 31-05-2022
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 302 days late
30-06
Financial
Weakest financial yearnet €4k ▼38.7%
Net result drops to €4k, the lowest in the series.
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
31-05-2022 → present |