Skip to content

NEUF

Inactive
KBO/BCE: BE 0628.799.431

NEUF was declared bankrupt on 23-06-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 25-06-2024, published in the Belgian State Gazette on 01-07-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 · 5 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 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 18-08-2021, 18 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
18 d late
2019
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 32 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets fell from EUR 67,221 in 2018 to EUR 27,538 in 2020.1 On 23 June 2022 NEUF was declared bankrupt; the bankruptcy was closed on 25 June 2024.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 29-06-2022
  3. 3Belgian State Gazette, 01-07-2024

Financials · fiscal year 2020, abbreviated schema

Equity
-€30,571▲ 36.1%
2019 · -€47,853
Total assets
€27,538▲ 5.1%
2019 · €26,193
Net result
€17,283
2019 · -€30,428
Working capital
-€30,175▲ 44.5%
2019 · -€54,414
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
Line201820192020
Operating result-€44,030--€30,257▲ 31.3%€17,483
Net result-€45,219--€30,428▲ 32.7%€17,283
Equity-€17,425--€47,853▼ 175%-€30,571▲ 36.1%
Total assets€67,221-€26,193▼ 61.0%€27,538▲ 5.1%
Debt€84,646-€74,047▼ 12.5%€58,108▼ 21.5%
Working capital-€19,662--€54,414▼ 177%-€30,175▲ 44.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2018: -€44,030-€44,030Net result 2018: -€45,219-€45,219Operating result 2019: -€30,257-€30,257Net result 2019: -€30,428-€30,428Operating result 2020: €17,483€17,483Net result 2020: €17,283€17,283201820192020-€60,000-€40,000-€20,000€0€20,000Operating result 2018: -€44,030-€44,000Net result 2018: -€45,219-€45,200Operating result 2019: -€30,257-€30,300Net result 2019: -€30,428-€30,400Operating result 2020: €17,483€17,500Net result 2020: €17,283€17,300201820192020
The operating result returns to profit in 2020: €17,483 after a loss of €30,257 in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €27,538
Fixed assets €5,805 ▼ 54.5%
Current assets €21,733 ▲ 61.8%
Key figures and ratios
2020 value · change against 2019
EBITDA
€24,438▲
2019 · -€19,252
Cash flow
€24,238▲
2019 · -€19,423
Solvency
-111.0%▲
2019 · -182.7%
Current ratio
0.42▲
2019 · 0.20
Debt to equity
-0.20▼
2019 · -0.13
ROA
62.8%▲
2019 · -116.2%
Debt ≤ 1 year
€51,908▼
2019 · €67,847
Debt > 1 year
€6,200=
2019 · €6,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€26,193€27,538▲
Fixed assets21/28€12,760€5,805▼
Intangible fixed assets21€9,531€4,553▼
Tangible fixed assets22/27€3,229€1,252▼
Current assets29/58€13,433€21,733▲
Amounts receivable within one year40/41€11,636€20,755▲
Cash at bank and in hand54/58€455€971▲
Equity and liabilities
Total equity and liabilities10/49€26,193€27,538▲
Equity10/15-€47,853-€30,571▲
Contributions10/11€6,200-
Reserves13€19,560€19,560=
Profit (loss) carried forward14-€73,613-€56,331▲
Amounts payable17/49€74,047€58,108▼
Amounts payable after more than one year17€6,200€6,200=
Amounts payable within one year42/48€67,847€51,908▼
Trade debts44€54,307€35,002▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,006€6,955▼
Gross operating margin9900-€9,215€24,886▲
Operating profit (loss)9901-€30,257€17,483▲
Recurring financial income75€238€10▼
Recurring financial charges65€419€210▼
Profit (loss) for the period before taxes9903-€30,438€17,283▲
Income taxes67/77-€10-
Profit (loss) for the period9904-€30,428€17,283▲
Profit (loss) for the period to be appropriated9905-€30,428€17,283▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,221€11,006€6,955▼ 36.8%
Gross operating margin9900-€35,838-€9,215€24,886▲ 370%
Operating profit (loss)9901-€44,030-€30,257€17,483▲ 158%
Recurring financial income75€105€238€10▼ 96.0%
Recurring financial charges65€1,138€419€210▼ 50.0%
Profit (loss) for the period before taxes9903-€45,063-€30,438€17,283▲ 157%
Income taxes67/77€157-€10--
Profit (loss) for the period9904-€45,219-€30,428€17,283▲ 157%
Profit (loss) for the period to be appropriated9905-€45,219-€30,428€17,283▲ 157%
Line201820192020Change
Assets
Total assets20/58€67,221€26,193€27,538▲ 5.1%
Fixed assets21/28€12,411€12,760€5,805▼ 54.5%
Intangible fixed assets21€4,970€9,531€4,553▼ 52.2%
Tangible fixed assets22/27€7,441€3,229€1,252▼ 61.2%
Current assets29/58€54,809€13,433€21,733▲ 61.8%
Amounts receivable within one year40/41€49,539€11,636€20,755▲ 78.4%
Cash at bank and in hand54/58€4,119€455€971▲ 113%
Equity and liabilities
Total equity and liabilities10/49€67,221€26,193€27,538▲ 5.1%
Equity10/15-€17,425-€47,853-€30,571▲ 36.1%
Contributions10/11€6,200€6,200--
Reserves13€19,560€19,560€19,560=
Profit (loss) carried forward14-€43,185-€73,613-€56,331▲ 23.5%
Amounts payable17/49€84,646€74,047€58,108▼ 21.5%
Amounts payable after more than one year17€6,200€6,200€6,200=
Amounts payable within one year42/48€74,472€67,847€51,908▼ 23.5%
Trade debts44€54,856€54,307€35,002▼ 35.5%
Line201820192020Change
Profit (loss) for the period9904-€45,219-€30,428€17,283▲ 157%
+ Depreciation and write-downs630€7,221€11,006€6,955▼ 36.8%
Operating cash flow (approximation)-€37,999-€19,423€24,238▲ 225%
Investment in fixed assets (approximation)--€11,355€0▲ 100%
Change in cash--€3,663€516▲ 114%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
01-07
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 25-06-2024
2022
29-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-06-2022
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial Back to profitnet €17,283
Net result €17,283 after 2 loss-making years.
15-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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 Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

1 mandate
Role Name Tenure
Curator STEVEN BOEYNAEMS
CUYLITSSTRAAT 48, 2018 ANTWERPEN 1
23-06-2022 → 25-06-2024