NEUROPATH
InactiveNEUROPATH was declared bankrupt on 12-03-2024 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy was closed for insufficient assets by judgment of 17-03-2026, published in the Belgian State Gazette on 24-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three 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 30-06-2023, 3 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 · 5 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 06-01-2023, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
25 d early
2021
24 d early
2020
59 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 28 days before 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)
History
Financials · fiscal year 2022, micro schema
Equity
€3,313▼ 99.3%
2021 · €502,586
Total assets
€826,189▲ 36.9%
2021 · €603,390
Net result
-€499,273
2021 · €328,700
Working capital
-€294,510
2021 · €52,197
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
Line2019202020212022
Operating result-€221,820--€188,951▲ 14.8%€334,057-€486,739
Net result-€223,178--€194,216▲ 13.0%€328,700-€499,273
Equity-€31,898-€173,886€502,586▲ 189%€3,313▼ 99.3%
Total assets€120,566-€339,738▲ 182%€603,390▲ 77.6%€826,189▲ 36.9%
Debt€152,464-€165,852▲ 8.8%€100,804▼ 39.2%€822,876▲ 716%
Working capital-€109,855--€41,573▲ 62.2%€52,197-€294,510
Staff (FTE)12▲ 100%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €486,739 after €334,057 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €826,189
Fixed assets
€657,823 ▲ 46.1%
Current assets
€168,366 ▲ 10.0%
Equity and liabilities €826,189
Equity
€3,313 ▼ 99.3%
Debt
€822,876 ▲ 716%
Debt's share of the balance-sheet total rises from 16.7% to 99.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€401,730▼
2021 · €379,937
Cash flow
-€414,264▼
2021 · €374,580
Current ratio
0.36▼
2021 · 1.52
ROA
-60.4%▼
2021 · 54.5%
Interest coverage
-30.39
Debt ≤ 1 year
€462,876▲
2021 · €100,804
Debt > 1 year
€360,000
Staff costs
€203,753
A ratio outside any meaningful range has been withheld (balance sheet total €826,189, equity €3,313).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €203,753 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,139 | €33,477 | €45,880 | €85,009 | ▲ 85.3% |
| Other operating charges640/8 | - | - | - | €359 | - |
| Gross operating margin9900 | -€204,593 | -€154,324 | €416,253 | -€197,618 | ▼ 147% |
| Operating profit (loss)9901 | -€221,820 | -€188,951 | €334,057 | -€486,739 | ▼ 246% |
| Financial income75/76B | - | - | - | €685 | - |
| Recurring financial income75 | €162 | €493 | €597 | €685 | ▲ 14.6% |
| Financial charges65/66B | - | - | - | €13,219 | - |
| Recurring financial charges65 | €1,520 | €5,758 | €5,954 | €13,219 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | -€223,178 | -€194,216 | €328,700 | -€499,273 | ▼ 252% |
| Profit (loss) for the period9904 | -€223,178 | -€194,216 | €328,700 | -€499,273 | ▼ 252% |
| Profit (loss) for the period to be appropriated9905 | -€223,178 | -€194,216 | €328,700 | -€499,273 | ▼ 252% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €120,566 | €339,738 | €603,390 | €826,189 | ▲ 36.9% |
| Fixed assets21/28 | €81,264 | €215,458 | €450,389 | €657,823 | ▲ 46.1% |
| Intangible fixed assets21 | €78,300 | €213,166 | €403,203 | €611,919 | ▲ 51.8% |
| Tangible fixed assets22/27 | €2,815 | €1,842 | €2,620 | €1,338 | ▼ 48.9% |
| Furniture and vehicles24 | - | - | - | €1,338 | - |
| Financial fixed assets28 | €150 | €450 | €44,566 | €44,566 | = |
| Current assets29/58 | €39,302 | €124,279 | €153,001 | €168,366 | ▲ 10.0% |
| Amounts receivable within one year40/41 | €24,542 | €13,358 | €20,570 | €21,567 | ▲ 4.8% |
| Trade receivables40 | - | - | - | €8,521 | - |
| Other amounts receivable41 | - | - | - | €13,046 | - |
| Cash at bank and in hand54/58 | €14,760 | €110,921 | €132,431 | €146,799 | ▲ 10.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €120,566 | €339,738 | €603,390 | €826,189 | ▲ 36.9% |
| Equity10/15 | -€31,898 | €173,886 | €502,586 | €3,313 | ▼ 99.3% |
| Contributions10/11 | €216,099 | €616,099 | - | €186,099 | - |
| Profit (loss) carried forward14 | -€247,997 | -€442,214 | €316,487 | -€182,787 | ▼ 158% |
| Amounts payable17/49 | €152,464 | €165,852 | €100,804 | €822,876 | ▲ 716% |
| Amounts payable after more than one year17 | - | - | - | €360,000 | - |
| Financial debts170/4 | - | - | - | €360,000 | - |
| Amounts payable within one year42/48 | €149,157 | €165,852 | €100,804 | €462,876 | ▲ 359% |
| Current portion of amounts payable after more than one year42 | - | - | - | €300,000 | - |
| Trade debts44 | €104,166 | €159,939 | €94,216 | €159,263 | ▲ 69.0% |
| Suppliers440/4 | - | - | - | €159,263 | - |
| Other amounts payable47/48 | - | - | - | €3,613 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€223,178 | -€194,216 | €328,700 | -€499,273 | ▼ 252% |
| + Depreciation and write-downs630 | €17,139 | €33,477 | €45,880 | €85,009 | ▲ 85.3% |
| Operating cash flow (approximation) | -€206,039 | -€160,739 | €374,580 | -€414,264 | ▼ 211% |
| Investment in fixed assets (approximation) | - | -€167,672 | -€280,810 | -€292,443 | ▼ 4.1% |
| Change in cash | - | €96,160 | €21,510 | €14,368 | ▼ 33.2% |
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
2026
24-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Tournai · event 17-03-2026
2024
19-03
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 12-03-2024
2023
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet -€499,273
Net result drops to -€499,273, the lowest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €328,700
Net result €328,700 after 2 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 1.52
Current ratio from 0.75 to 1.52; short-term debt falls from €165,852 to €100,804.
30-06
Financial
Equity above €500,000Eq €502,586 ▲189%
Equity rises from €173,886 to €502,586.
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €150,000Eq €173,886
Equity rises from -€31,898 to €173,886.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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 | JOHN DEHAENE RUE DE LA HALLE, 20,
7860 LESSINES- .
Date provisoire de cessation de paiement : 12/03/2024 |
12-03-2024 → 17-03-2026 |
Public money · subsidies and aid
European research
1 project · 401,188 EUR EU contributionProgrammes
Projects
AI Accelerator – A Smart Hospital Care Pathway Engine