NIGHT REPUBLIK
Open bankruptcyA bankruptcy procedure is open for NIGHT REPUBLIK according to publications in the Belgian State Gazette.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four 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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 08-07-2021, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
23 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€27k▼ 70.1%
2019 · €90k
2018: €83k
2019: €90k
2018 → 2020
Total assets
€31k▼ 69.2%
2019 · €100k
2018: €116k
2019: €100k
2018 → 2020
Net result
€7k▲ 12.8%
2019 · €7k
2018: €-11k
2019: €7k
2018 → 2020
Working capital
€20k▼ 75.2%
2019 · €82k
2018: €-6k
2019: €82k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€83k-€90k▲ 7.9%€27k▼ 70.1%
Operating result€-11k-€5k€7k▲ 28.9%
Net result€-11k-€7k€7k▲ 12.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 29% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €31k
Fixed assets
€7k▼ 21.0%
Current assets
€24k▼ 73.7%
Equity and liabilities €31k
Equity
€27k▼ 70.1%
Debt
€4k▼ 61.5%
The debt ratio rises from 10.1% to 12.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2019 · €7k
Cash flow
€9k▲
2019 · €8k
Solvency
87.4%▼
2019 · 89.9%
Current ratio
6.20▼
2019 · 9.10
Quick ratio
6.20▼
2019 · 9.10
ROE
27.7%▲
2019 · 7.3%
ROA
24.2%▲
2019 · 6.6%
Debt
€4k▼
2019 · €10k
Debt ≤ 1 year
€4k▼
2019 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€100k€31k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Financial fixed assets28€0-
Current assets29/58€92k€24k▼
Amounts receivable within one year40/41€85k€21k▼
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€100k€31k▼
Equity10/15€90k€27k▼
Contributions10/11€90k-
Reserves13€15k€15k=
Profit (loss) carried forward14€-14k€-7k▲
Amounts payable17/49€10k€4k▼
Amounts payable within one year42/48€10k€4k▼
Trade debts44€9k€4k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Gross operating margin9900€9k€9k▲
Operating profit (loss)9901€5k€7k▲
Recurring financial income75€2k€1k▼
Recurring financial charges65€887€557▼
Profit (loss) for the period before taxes9903€7k€7k▲
Income taxes67/77€0-
Profit (loss) for the period9904€7k€7k▲
Profit (loss) for the period to be appropriated9905€7k€7k▲
Timeline · acts, filings and financial milestones
2022
21-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · NIGHT REPUBLIK BV TREK- SCHURENSTRAAT 18A, 3500 HASSELT · event 03-03-2022
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €7k ▲12.8%
Operating result €7k, net result €7k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 9.10
Current ratio from 0.83 to 9.10; short-term debt falls from €33k to €10k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
13-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 13 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 159 days late
2012
18-06
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.
Directors · office · real estate
Directors
6 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
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DANIEL LIBENS BEEKSTRAAT 26, 3800 SINT-TRUIDEN- |
03-03-2022 → present |
| Curator | ANDRE BYVOET ST.-TRUIDER-
STEENWEG 547, 3500 HASSELT |
03-03-2022 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 7,402 EUR awarded · 7,402 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 7,402 EUR | 7,402 EUR |
Schemes
Vlaams Beschermingsmechanisme 10 (stopgezet)