NIFOBO
Open bankruptcyA bankruptcy procedure is open for NIFOBO according to publications in the Belgian State Gazette; curator: JUUL CREYTENS.
Summary
Inactive; last annual accounts for fiscal year 2020.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 10 December 2021
- Supervising judge
- Patrick Beeckmans
- Official Gazette
- 16-12-2021 (pdf) ↗search the document for 2021/144270
Curator
- Juul CreytensLeopoldlaan 15, 9200 Dender- Mondejuul.creytens@advoconsult.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline27-09-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 16-02-2021, 16 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
16 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 8 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)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
-€28,068▼ 33.8%
2019 · -€20,974
Total assets
€55,449▼ 39.0%
2019 · €90,909
Net result
-€7,094▼ 13.9%
2019 · -€6,229
Working capital
-€29,963▼ 32.6%
2019 · -€22,590
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
Line20192020
Operating result-€4,493--€5,105▼ 13.6%
Net result-€6,229--€7,094▼ 13.9%
Equity-€20,974--€28,068▼ 33.8%
Total assets€90,909-€55,449▼ 39.0%
Debt€111,883-€83,517▼ 25.4%
Working capital-€22,590--€29,963▼ 32.6%
Staff (FTE)1.8-1.6▼ 11.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,105 in 2020 against €4,493 in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €55,449
Fixed assets
€6,329 ▼ 49.9%
Current assets
€49,120 ▼ 37.2%
Key figures and ratios
EBITDA
€1,199▼
2019 · €1,811
Cash flow
-€791▼
2019 · €74
Solvency
-50.6%▼
2019 · -23.1%
Current ratio
0.62▼
2019 · 0.78
Quick ratio
0.51▲
2019 · 0.40
Debt to equity
-0.16▲
2019 · -0.52
ROA
-12.8%▼
2019 · -6.9%
Debt ≤ 1 year
€79,084▼
2019 · €100,866
Debt > 1 year
€4,433▼
2019 · €10,946
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,304 | €6,304 | = |
| Gross operating margin9900 | €60,572 | €44,526 | ▼ 26.5% |
| Operating profit (loss)9901 | -€4,493 | -€5,105 | ▼ 13.6% |
| Recurring financial income75 | €4 | €0 | ▼ 99.7% |
| Recurring financial charges65 | €1,741 | €1,989 | ▲ 14.3% |
| Profit (loss) for the period before taxes9903 | -€6,229 | -€7,094 | ▼ 13.9% |
| Profit (loss) for the period9904 | -€6,229 | -€7,094 | ▼ 13.9% |
| Profit (loss) for the period to be appropriated9905 | -€6,229 | -€7,094 | ▼ 13.9% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €90,909 | €55,449 | ▼ 39.0% |
| Fixed assets21/28 | €12,632 | €6,329 | ▼ 49.9% |
| Tangible fixed assets22/27 | €12,607 | €6,304 | ▼ 50.0% |
| Financial fixed assets28 | €25 | €25 | = |
| Current assets29/58 | €78,276 | €49,120 | ▼ 37.2% |
| Stocks and contracts in progress3 | €37,650 | €8,750 | ▼ 76.8% |
| Amounts receivable within one year40/41 | €39,948 | €40,370 | ▲ 1.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €90,909 | €55,449 | ▼ 39.0% |
| Equity10/15 | -€20,974 | -€28,068 | ▼ 33.8% |
| Contributions10/11 | €68,200 | €68,200 | = |
| Reserves13 | €20,801 | €20,801 | = |
| Profit (loss) carried forward14 | -€109,975 | -€117,069 | ▼ 6.5% |
| Amounts payable17/49 | €111,883 | €83,517 | ▼ 25.4% |
| Amounts payable after more than one year17 | €10,946 | €4,433 | ▼ 59.5% |
| Amounts payable within one year42/48 | €100,866 | €79,084 | ▼ 21.6% |
| Trade debts44 | €29,729 | €33,569 | ▲ 12.9% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€6,229 | -€7,094 | ▼ 13.9% |
| + Depreciation and write-downs630 | €6,304 | €6,304 | = |
| Operating cash flow (approximation) | €74 | -€791 | ▼ 1,164% |
| Investment in fixed assets (approximation) | - | €0 | - |
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
2021
16-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 10-12-2021
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
2015
23-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 23 days late
2014
12-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
2013
28-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 56 days late
2012
04-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 64 days late
SignalNBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JUUL CREYTENS LEOPOLDLAAN 15, 9200 DENDER-
MONDE |
10-12-2021 → present |