NESSIEFAB
InactiveNESSIEFAB was declared bankrupt on 09-12-2021 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed for insufficient assets by judgment of 22-12-2022, published in the Belgian State Gazette on 28-12-2022.
Summary
Inactive; last annual accounts for fiscal year 2018.
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 31-03-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
31-03-2019 close31-10-2019 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 02-11-2018, 2 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 · 8 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 →
Checked, nothing found (1)
Financials · fiscal year 2018, micro schema
Turnover
€151k
EBIT margin
-1.1%
Net result
€31k▲ 263%
2017 · €9k
2014: €-4k
2015: €9k
2016: €3k
2017: €9k
2014 → 2018
Working capital
€42k
2017 · €-23k
2014: €-20k
2015: €-6k
2016: €-267
2017: €-23k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20142015201620172018Trend
Turnover€151k-
Equity€-5k-€-1k▲ 74.3%€2k€10k▲ 530%€42k▲ 305%
Operating result€-2k-€13k€7k▼ 47.4%€14k▲ 101%€-20k
Net result€-4k-€9k€3k▼ 66.6%€9k▲ 202%€31k▲ 263%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2018: a loss of €20k after €14k in 2017, the lowest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Equity and liabilities €66k
Equity
€42k ▲ 305%
Debt
€25k ▼ 52.1%
Debt's share of the balance-sheet total falls from 83.5% to 37.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.68▲
2017 · 0.56
ROE
75.3%▼
2017 · 84.1%
ROA
47.2%▲
2017 · 13.9%
Debt ≤ 1 year
€25k▼
2017 · €52k
Income taxes
€16k▲
2017 · €4k
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 · 2018 against 2017 · 23 lines
Balance sheet
Code20172018
Assets
Total assets20/58€62k€66k▲
Fixed assets21/28€33k-
Tangible fixed assets22/27€33k-
Current assets29/58€29k€66k▲
Stocks and contracts in progress3€350-
Amounts receivable within one year40/41€21k€28k▲
Cash at bank and in hand54/58€8k€39k▲
Equity and liabilities
Total equity and liabilities10/49€62k€66k▲
Equity10/15€10k€42k▲
Contributions10/11€10k€10k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-2k€30k▲
Amounts payable17/49€52k€25k▼
Amounts payable within one year42/48€52k€25k▼
Trade debts44€2k€5k▲
Income statement
Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k-
Gross operating margin9900€32k€-15k▼
Operating profit (loss)9901€14k€-20k▼
Recurring financial charges65€1k€986▼
Profit (loss) for the period before taxes9903€12k€47k▲
Income taxes67/77€4k€16k▲
Profit (loss) for the period9904€9k€31k▲
Profit (loss) for the period to be appropriated9905€9k€31k▲
Timeline · acts, filings and financial milestones
2022
28-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · NESSIEFAB BV CAUDENBERG 47, 9570 LIERDE · event 22-12-2022
2021
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · NESSIEFAB BV CAUDEN- BERG 47, 9570 LIERDE · event 09-12-2021
2018
02-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
31-03
Financial
Highest result since 2014net €31k ▲263%
Net result €31k, the highest in the series.
31-03
Financial
Liquidity times 5current ratio 2.68
Current ratio from 0.56 to 2.68; short-term debt falls from €52k to €25k.
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
31-03
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2014
22-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
19-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
09-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
29-10
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 | Eric FLAMEE EILAND 27, 9520 SINT-LIEVENS-HOUTEM- |
09-12-2021 → 22-12-2022 |