NETWORK PRINTING
InactiveNETWORK PRINTING was declared bankrupt on 28-03-2019 (Tribunal de l’entreprise de Liège, division Namur); the bankruptcy was closed by liquidation by judgment of 08-02-2023, published in the Belgian State Gazette on 24-02-2023.
Summary
Inactive; last annual accounts for fiscal year 2016.
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 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 29-09-2017, 60 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2016, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6,990▼ 16.5%
2015 · €8,374
Working capital
€22,690▲ 55.4%
2015 · €14,599
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20152016
Operating result€8,363-€7,039▼ 15.8%
Net result€8,374-€6,990▼ 16.5%
Equity€22,374-€33,365▲ 49.1%
Total assets€31,208-€50,049▲ 60.4%
Debt€8,834-€16,684▲ 88.9%
Working capital€14,599-€22,690▲ 55.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2016; 2016 is 16% below 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €50,049
Fixed assets
€10,674 ▲ 37.3%
Current assets
€39,375 ▲ 68.0%
Equity and liabilities €50,049
Equity
€33,365 ▲ 49.1%
Debt
€16,684 ▲ 88.9%
Debt's share of the balance-sheet total rises from 28.3% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8,494▼
2015 · €10,688
Cash flow
€8,446▼
2015 · €10,699
Current ratio
2.36▼
2015 · 2.65
ROE
21.0%▼
2015 · 37.4%
ROA
14.0%▼
2015 · 26.8%
Debt ≤ 1 year
€16,684▲
2015 · €8,834
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,325 | €1,456 | ▼ 37.4% |
| Gross operating margin9900 | €10,704 | €8,494 | ▼ 20.6% |
| Operating profit (loss)9901 | €8,363 | €7,039 | ▼ 15.8% |
| Recurring financial income75 | €11 | - | - |
| Recurring financial charges65 | - | €49 | - |
| Profit (loss) for the period before taxes9903 | €8,374 | €6,990 | ▼ 16.5% |
| Profit (loss) for the period9904 | €8,374 | €6,990 | ▼ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €8,374 | €6,990 | ▼ 16.5% |
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €31,208 | €50,049 | ▲ 60.4% |
| Fixed assets21/28 | €7,775 | €10,674 | ▲ 37.3% |
| Intangible fixed assets21 | €6,651 | €9,831 | ▲ 47.8% |
| Tangible fixed assets22/27 | €1,124 | €843 | ▼ 25.0% |
| Current assets29/58 | €23,433 | €39,375 | ▲ 68.0% |
| Amounts receivable within one year40/41 | €20,755 | €38,204 | ▲ 84.1% |
| Cash at bank and in hand54/58 | €2,678 | €1,170 | ▼ 56.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €31,208 | €50,049 | ▲ 60.4% |
| Equity10/15 | €22,374 | €33,365 | ▲ 49.1% |
| Contributions10/11 | €14,000 | €18,000 | ▲ 28.6% |
| Reserves13 | €418 | €768 | ▲ 83.8% |
| Profit (loss) carried forward14 | €7,956 | €14,596 | ▲ 83.5% |
| Amounts payable17/49 | €8,834 | €16,684 | ▲ 88.9% |
| Amounts payable within one year42/48 | €8,834 | €16,684 | ▲ 88.9% |
| Trade debts44 | €4,292 | €5,728 | ▲ 33.5% |
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,374 | €6,990 | ▼ 16.5% |
| + Depreciation and write-downs630 | €2,325 | €1,456 | ▼ 37.4% |
| Operating cash flow (approximation) | €10,699 | €8,446 | ▼ 21.1% |
| Investment in fixed assets (approximation) | - | -€4,355 | - |
| Change in cash | - | -€1,508 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
24-02
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Namur · event 08-02-2023
2021
24-11
Bankruptcy
Change of trustee
Tribunal de l’entreprise de Liège, division Namur · event 18-11-2021
2019
03-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 28-03-2019
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CAROLINE CRAPPE CHAUSSEE DE NAMUR, 262/A, 5310 EGHEZEE |
18-11-2021 → 08-02-2023 |
| Curator | BENOIT BUCHET Avenue Cardinal Mercier 48,
5000 NAMUR |
28-03-2019 → 08-02-2023 |