NB GROUP
Open bankruptcyA bankruptcy procedure is open for NB GROUP according to publications in the Belgian State Gazette; curator: CHRISTINE DE RIDDER.
Summary
The file additionally contains 1 administrative flag.
Inactive; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-05-2022, 61 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
61 d early
2020
37 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Equity
€13k▲ 181%
2020 · €5k
2020: €5k
2020 → 2021
Total assets
€73k▲ 537%
2020 · €12k
2020: €12k
2020 → 2021
Net result
€9k▲ 387%
2020 · €2k
2020: €2k
2020 → 2021
Working capital
€4k▲ 134%
2020 · €2k
2020: €2k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€5k-€13k▲ 181%
Operating result€4k-€11k▲ 168%
Net result€2k-€9k▲ 387%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 168% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €73k
Fixed assets
€9k ▲ 213%
Current assets
€64k ▲ 643%
Equity and liabilities €73k
Equity
€13k ▲ 181%
Debt
€60k ▲ 789%
Debt's share of the balance-sheet total rises from 58.5% to 81.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2020 · €5k
Cash flow
€11k▲
2020 · €2k
Current ratio
1.08▼
2020 · 1.29
Debt to equity
4.46
ROE
64.4%▲
2020 · 37.1%
ROA
11.8%▼
2020 · 15.4%
Interest coverage
146.05
Debt ≤ 1 year
€60k▲
2020 · €7k
Income taxes
€2k▲
2020 · €443
Staff costs
€9k
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 · 2021 against 2020 · 36 lines
Balance sheet
Code20202021
Assets
Total assets20/58€12k€73k▲
Fixed assets21/28€3k€9k▲
Tangible fixed assets22/27€2k€9k▲
Furniture and vehicles24-€9k
Financial fixed assets28€390€390=
Current assets29/58€9k€64k▲
Amounts receivable within one year40/41€8k€64k▲
Trade receivables40-€63k
Other amounts receivable41-€889
Cash at bank and in hand54/58€236€2▼
Deferred charges and accrued income490/1-€294
Equity and liabilities
Total equity and liabilities10/49€12k€73k▲
Equity10/15€5k€13k▲
Contributions10/11-€3k
Profit (loss) carried forward14€2k€10k▲
Amounts payable17/49€7k€60k▲
Amounts payable within one year42/48€7k€60k▲
Trade debts44€4k€56k▲
Suppliers440/4-€56k
Taxes, remuneration and social security45-€4k
Taxes450/3-€3k
Remuneration and social security454/9-€1k
Other amounts payable47/48-€113
Income statement
Code20202021
Remuneration, social security and pensions62-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€541€2k▲
Other operating charges640/8-€1k
Gross operating margin9900€16k€24k▲
Operating profit (loss)9901€4k€11k▲
Financial charges65/66B-€92
Recurring financial charges65€2k€92▼
Profit (loss) for the period before taxes9903€2k€11k▲
Income taxes67/77€443€2k▲
Profit (loss) for the period9904€2k€9k▲
Profit (loss) for the period to be appropriated9905€2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10k
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
02-08
KBO administration
Address struck
27-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 20-02-2024
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTINE DE RIDDER ZAVELSTRAAT 13,
1000 BRUSSEL 1 |
20-02-2024 → present |
Company data · Crossroads Bank
Identification
Legal formBV
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filings
Scores and ratios are computed by Checked and are not a credit decision.