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NO PROBLEMS

Inactive KBO/BCE: BE 0508.564.961

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €90,215 (2017)
€90,215▲ 45.0%
lowest -€17,154 (2015)
€35,710▲ €38,522
peak €36,009 (2017)
€36,009▲ 121×
€69,543▼ 9.3%
peak 2 FTE (2016)
1.2 FTE▼ 40.0%
Documentsfilings and deeds
01-10-201862 days late
2017abbreviated format
Gross margin from €62,226 to €90,215Back to profit: €35,710Staff from 2 FTE to 1.2 FTEEquity from €299 to €36,009Cash from €1,271 to €189

Key points

from the 2017 annual accounts, the last ones filed

Payment terms

126 days from customers
Customers
98 to 126

Customers pay 28 days later.

Liquidity

1.41 was 0.82 in 2016

Short-term debts fell from €68,773 to €68,682.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober20142016

The 2013 accounts came latest: 224 days after the end of the period.

No score

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Eupen · judgment of 10-06-2021 · Bankruptcy
Deed on the end Gazette deed
Bankruptcy published Enterprise Court of Eupen · judgment of 20-06-2019 · Bankruptcy
Incorporation 5 publications in the Belgian Official Gazette, the last on 15-07-2019 · Gazette deed
All 11 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 02-01-2013 · bankruptcy closed on 10-06-2021
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2017

€208,703▲ 6.6%
€35,710
€36,009▲ 121×
€105,551▲ 37.1%
1.2 FTE▼ 40.0%
Filing
Filed on 01-10-2018
Financials

Insights on NO PROBLEMS

On 20 June 2019 the court declared NO PROBLEMS bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2017

abbreviated format, filed on 01-10-2018, 62 days late
€208,703
▲ 6.6%
€61,761
▲ 19×
€74,322
▲ 337%
€48,272
▲ 338%
34.1%
▲ 33.7 percentage points
1.41
▲ 0.60

Money flows

of every €100 of turnover, €17.11 remains as profit in 2017

Balance sheet

balance sheet total €105,551 on 31-12-2017
What the company ownsHow it is paid for

in euro

in euro

Staff

€7,580

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20172016201520142013
Balance sheet: assets
20/58 105,55176,961101,26584,77779,454
21/28 8,37520,60725,49940,04343,675
22/27 8,37520,60725,49940,04343,675
23 7,88918,67418,32919,58719,651
24 4861,9337,17020,45624,024
29/58 97,17756,35475,76644,73435,779
3 18,842----
30/36 18,842----
40/41 72,29952,75472,78742,56532,273
40 54,26648,65672,78135,95430,925
41 18,0334,09966,6111,348
54/58 1891,27102,1682,962
490/1 5,8472,3292,979-544
Balance sheet: equity and liabilities
10/49 105,55176,961101,26584,77779,454
10/15 36,0092993,11120,26512,011
10/11 6,2006,2006,2006,2006,200
100 18,60018,60018,60018,60018,600
101 12,40012,40012,40012,40012,400
13 1,860800800800300
130 1,860800800800300
14 27,949-6,701-3,88913,2655,511
17/49 69,54376,66298,15464,51267,443
17 07,88917,996--
170/4 07,88917,996--
42/48 68,68268,77379,26564,51267,443
42 7,88910,1089,657--
43 --792--
430/8 --792--
44 31,15948,42946,52117,15218,731
440/4 31,15948,42946,52117,15218,731
45 29,6349,55514,49912,1295,999
450/3 23,2642,4118,7619,5123,864
454/9 6,3707,1445,7382,6172,135
47/48 06837,79535,23042,712
492/3 8610893--
Income statement
70 208,703195,806234,516--
76A ---23,7814,023
9900 90,21562,22675,36340,31051,717
60/61 165,629141,618159,153--
62 9,09636,71060,62924,18224,348
630 12,56213,82813,51714,80313,085
640/8 6,7988,50712,6193,8445,083
66A ---4,488-
9901 61,7613,180-11,403-2,5199,201
75/76B 103247243-
75 103247243-
65/66B 8,5295,8135,7194,2133,688
65 8,5295,8135,7194,2133,688
9903 53,335-2,610-17,05012,6059,536
67/77 17,6252031044,3513,725
9904 35,710-2,812-17,1548,2545,811
9905 35,710-2,812-17,1548,2545,811
Appropriation of the result
9906 29,009-6,701-3,88913,7655,811
691/2 1,060--500300
6920 1,060--500300
Social balance sheet
9087 1.221.70.60.8
Hours worked1013 2761,4452,4019371,072
Document PDFPDFPDFPDFPDF

Source: Annual accounts 2017 (PDF), filed on 01-10-2018.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2017 annual accounts filed 62 days after the deadline. Filed on 1 October 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-67100080.

Financial year Type Filed Reference Document
31-12-2017 abbreviated format 01-10-2018 2018-67100080 PDF
31-12-2016 abbreviated format 27-09-2017 2017-63000460 PDF
31-12-2015 full format 30-09-2016 2016-62900486 PDF
31-12-2014 full format 14-09-2015 2015-58700223 PDF
31-12-2013 full format 12-03-2015 2015-06100240 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20172016201520142013
74,32217,0082,11512,28422,286
48,27211,016-3,63723,05718,897
33015,92810,04011,17256,760
-1,0821,271-2,168-793-
28,494-12,420-3,499-19,778-31,663
29.6%1.6%-4.9%--
34.1%0.4%3.1%23.9%15.1%
1.410.820.960.690.53
1.140.820.960.690.53
1.93-31.553.185.61
99.2%--551.4%40.7%48.4%
33.8%-3.7%-16.9%9.7%7.3%
95 days91 days113 days--
69 days125 days107 days--

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on NO PROBLEMS

The operating result for 2017 is over 19 times that of 2016 and the highest since 2013. It is the second rise in a row, after the fall in 2015.

Debt's share of the balance-sheet total falls from 99.6% to 65.9%. Equity is higher and debt is lower.

Board & ownership

Curator

1 mandate
Curator, Vervierser Strasse 10, 4700 Eupen
from 20-06-2019 to 10-06-2021
Also on 14 other cases

Control

Capital

Capital
€6,200
Source
2017 annual accounts

Office holders in the KBO →

Timeline

Timeline

11 events since 2013
2021
Bankruptcy closure (by liquidation) Enterprise Court of Eupen · judgment of 10-06-2021
2019
Deed on the end
Bankruptcy published Enterprise Court of Eupen · judgment of 20-06-2019
2018
Annual accounts 2017 filed PDFabbreviated format · 62 days late
2017
Back to profit net €35,710 The net result is €35,710, after 2 loss-making years.
Annual accounts 2016 filed PDFabbreviated format · 58 days late
2016
Annual accounts 2015 filed PDFfull format · 61 days late
2015
Weakest financial year net -€17,154 The net result drops to -€17,154, the lowest from 2013 to 2017.
Annual accounts 2014 filed PDFfull format · 45 days late
Annual accounts 2013 filed PDFfull format · 224 days late
2013
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 15-07-2019

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Turnover went from €234,516 in 2015 to €208,703 in 2017 and headcount from 0.8 full-time equivalents in 2013 to 1.2 in 2017.1 NO PROBLEMS was declared bankrupt on 20 June 2019. The bankruptcy was closed on 10 June 2021.23

  1. 1National Bank, annual accounts 2013, 2015 and 2017
  2. 2Belgian Official Gazette, 02-07-2019
  3. 3Belgian Official Gazette, 16-06-2021

Company details

Inactive

NO PROBLEMS is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2017
Last registered office
Brunnenstrasse 42, 4750 Butgenbachas published on 11 March 2019
Legal form
PGmbH
First annual accounts
financial year 2013
Official KBO record