Debts
€49,653 88% of the balance sheet
Suppliers 40%Taxes and wages 31%Other 28%
NOLAN
Overview
Lifetime
6 annual accounts with figures on one time axispeak €401,515 (2019)
€167,940▲ 31.2%
lowest -€32,165 (2020)
€9,859▲ €42,025
peak €28,976 (2019)
€6,671▲ €9,859
€49,653▼ 8.8%
peak 2.5 FTE (2019)
-not published
Board2 names since 2020
1 directorMiloku Entela
Documentsfilings and deeds
09-08-20229 days late
2021micro format
Turnover from €127,963 to €167,940Gross margin from €12,693 to €31,615Back to profit: €9,859Equity from -€3,188 to €6,671
Key points
from the 2021 annual accounts, the last ones filedPayment terms
39 days from customers
Customers pay 34 days later.
Filings
6 annual accounts 4 late
The 2020 accounts came latest: 47 days after the end of the period.
No score
Recent changes
Bankruptcy closure (insufficient assets)
French-language Enterprise Court of Brussels · judgment of 12-12-2023 · Bankruptcy
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 27-03-2023 · Bankruptcy
Resignation: Olteanu Ciprian (director)
Transfer of shares from Olteanu Ciprian to Miloku Entela · Olteanu Ciprian is a shareholder · Miloku Entela holds 100% of the shares · General meeting of 31-03-2022 · Gazette deed
Appointment: Miloku Entela (director)
Olteanu Ciprian holds 5% of the shares · Miloku Entela holds 85% of the shares · Miloku Endrit holds 10% of the shares · General meeting of 01-10-2020 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 05-01-2016 · bankruptcy closed on 12-12-2023
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2021
- €167,940▲ 31.2%
- €9,859
- €6,671
- €56,324▲ 9.8%
- Employeeson 31-12-2021
- 3
- Filing
- Filed on 09-08-2022
Insights on NOLAN
NOLAN reached its highest turnover since 2016 in 2019: €401,515. A year later it was €127,963.
Equity fell from €28,976 in 2019 to €6,671 in 2021.
On 27 March 2023 the court declared NOLAN bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2021
micro format, filed on 09-08-2022, 9 days late€167,940
▲ 31.2%
€11,873
▲ €38,313
€16,511
▲ €17,457
€14,498
▲ €21,168
11.8%
▲ 18.1 percentage points
0.93
▲ 0.19
Money flows
of every €100 of turnover, €5.87 remains as profit in 2021Balance sheet
balance sheet total €56,324 on 31-12-2021What the company ownsHow it is paid for
in euro
in euro
Staff
€7,126
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2021, 5 people joined and 4 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
56,324 | 51,277 | 121,175 | 149,701 | 133,415 | 138,281 | |
21/28 |
10,065 | 11,073 | 33,811 | 47,989 | 67,706 | 87,705 | |
21 |
- | - | 20,000 | 40,000 | 60,000 | 80,000 | |
22/27 |
10,065 | 11,073 | 13,811 | 7,989 | 7,706 | 7,705 | |
23 |
615 | 795 | 300 | 600 | 900 | 1,200 | |
24 |
9,450 | 10,278 | 13,511 | 7,389 | 6,806 | 6,505 | |
29/58 |
46,259 | 40,204 | 87,364 | 101,713 | 65,709 | 50,576 | |
3 |
2,900 | 9,402 | 8,551 | 7,446 | 2,570 | 3,856 | |
30/36 |
2,900 | 9,402 | 8,551 | 7,446 | 2,570 | 3,856 | |
40/41 |
17,898 | 1,922 | 141 | 397 | 861 | 106 | |
40 |
- | 4 | - | - | 750 | - | |
41 |
17,898 | 1,917 | 141 | 397 | 111 | 106 | |
54/58 |
22,529 | 28,558 | 78,672 | 93,651 | 62,278 | 46,614 | |
490/1 |
2,931 | 323 | - | 220 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
56,324 | 51,277 | 121,175 | 149,701 | 133,415 | 138,281 | |
10/15 |
6,671 | -3,188 | 28,976 | 14,778 | 13,594 | 11,163 | |
10/11 |
18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
10 |
18,600 | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
14 |
-13,789 | -23,648 | 8,516 | 6,718 | 5,534 | 3,103 | |
17/49 |
49,653 | 54,465 | 92,199 | 134,923 | 119,822 | 127,118 | |
17 |
- | - | 5,838 | 28,232 | 49,171 | - | |
170/4 |
- | - | 5,838 | 28,232 | 49,171 | - | |
42/48 |
49,653 | 54,465 | 86,361 | 106,691 | 70,651 | 127,118 | |
42 |
14,134 | 32,015 | 34,672 | 33,217 | 30,584 | - | |
44 |
20,012 | 10,969 | 17,380 | 21,791 | 13,961 | 11,336 | |
440/4 |
20,012 | 10,969 | 17,380 | 21,791 | 13,961 | 11,336 | |
45 |
15,507 | 2,977 | 13,375 | 15,397 | 14,090 | 15,788 | |
450/3 |
11,292 | 1,200 | 3,987 | 9,401 | 6,958 | 10,941 | |
454/9 |
4,215 | 1,777 | 9,388 | 5,996 | 7,133 | 4,847 | |
47/48 |
- | 8,505 | 20,934 | 36,286 | 12,016 | 99,994 | |
| Income statement | |||||||
70 |
167,940 | 127,963 | 401,515 | 375,350 | 346,359 | 283,665 | |
9900 |
31,615 | 12,693 | 111,083 | 119,557 | 64,857 | 35,529 | |
60/61 |
165,368 | 122,749 | 290,955 | 257,777 | 283,144 | 248,137 | |
62 |
12,827 | 11,364 | 71,674 | 82,939 | 31,814 | 6,395 | |
630 |
4,638 | 25,495 | 25,058 | 22,882 | 22,249 | 21,290 | |
640/8 |
2,277 | 2,274 | 2,264 | 1,734 | 5,282 | 1,210 | |
9901 |
11,873 | -26,440 | 12,087 | 12,002 | 5,512 | 6,634 | |
75/76B |
- | - | 10 | 5 | 11 | 14 | |
75 |
- | - | 10 | 5 | 11 | 14 | |
65/66B |
2,013 | 4,216 | 10,299 | 8,954 | 1,395 | 1,683 | |
65 |
2,013 | 4,216 | 10,299 | 8,954 | 1,395 | 1,683 | |
9903 |
9,859 | -30,656 | 1,798 | 3,052 | 4,128 | 4,965 | |
67/77 |
- | 1,509 | - | 1,868 | 1,697 | 2 | |
9904 |
9,859 | -32,165 | 1,798 | 1,184 | 2,431 | 4,963 | |
9905 |
9,859 | -32,165 | 1,798 | 1,184 | 2,431 | 4,963 | |
| Appropriation of the result | |||||||
9906 |
-13,789 | -23,648 | 8,516 | 6,718 | 5,534 | 4,963 | |
14P |
-23,648 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | 1,860 | |
| Social balance sheet | |||||||
9087 |
1.8 | 1.3 | 2.5 | 2.4 | 0.8 | 0.4 | |
Hours worked1013 |
673 | 566 | 2,507 | 3,265 | 1,471 | 356 | |
| Document | |||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 09-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 9 days after the deadline. Filed on 9 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20278538.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 09-08-2022 | 2022-20278538 | |
| 31-12-2020 | micro format | 16-09-2021 | 2021-67300588 | |
| 31-12-2019 | micro format | 24-07-2020 | 2020-33800005 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-36100313 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56400540 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-51300424 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| 16,511 | -945 | 37,145 | 34,884 | 27,761 | 27,924 | ||
| 14,498 | -6,671 | 26,856 | 24,066 | 24,680 | 26,253 | ||
| 3,631 | 2,757 | 10,880 | 3,164 | 2,250 | 108,995 | ||
| -6,029 | -50,114 | -14,979 | 31,373 | 15,665 | - | ||
| -3,394 | -14,261 | 1,003 | -4,979 | -4,942 | -76,542 | ||
| 7.1% | -20.7% | 3.0% | 3.2% | 1.6% | 2.3% | ||
| 11.8% | -6.2% | 23.9% | 9.9% | 10.2% | 8.1% | ||
| 0.93 | 0.74 | 1.01 | 0.95 | 0.93 | 0.40 | ||
| 0.87 | 0.57 | 0.91 | 0.88 | 0.89 | 0.37 | ||
| 7.44 | - | 3.18 | 9.13 | 8.81 | 11.39 | ||
| 147.8% | - | 6.2% | 8.0% | 17.9% | 44.5% | ||
| 17.5% | -62.7% | 1.5% | 0.8% | 1.8% | 3.6% | ||
| 8.20 | - | - | - | - | - | ||
| 39 days | 0 days | 0 days | 0 days | 1 day | 0 days | ||
| 44 days | 33 days | 22 days | 31 days | 18 days | 17 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.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 1 |
| part-time | 2 |
| in full-time equivalents | 1.4 |
| 1.1 | |
| On a permanent contract | 3 |
| Joined | 5 |
| Left | 4 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €3,631 |
| €4,638 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on NOLAN
The operating result for 2021 is a profit of €11,873, after a loss of €26,440 in 2020.
Debt's share of the balance-sheet total is 88.2%.
Board & ownership
Curator
1 mandateCurator, Chaussee De La Hulpe 150, 1170 03 Watermael-Boitsfort
from 27-03-2023 to 12-12-2023
Also on 220 other cases
Last board
1 director, last change in 2022Mandates through the years
2 names, the dashed line is todayMiloku Entela
Director
Director
Olteanu Ciprian
Director
Director
BoardEarliermandate already running before its first mentionBankruptcy 27-03-2023
Mandates as a list
- Miloku Entela
- Director, appointed by deed of 23-12-2020, until the bankruptcy of 27-03-2023
- Olteanu Ciprian
- Director, until 04-10-2022
Control
Capital
- Capital
- €18,600
- Source
- 2021 annual accounts
Shareholders
Stated in the deed
deed of 04-10-2022 ↗
Share transfer
deed of 04-10-2022 ↗
Stated in the deed
deed of 23-12-2020 ↗
- Olteanu Ciprian 5%
- Miloku Entela 85%
- Miloku Endrit 10%
Network & group
No group
NOLAN has no parent and no holdings in its annual accounts. Miloku Entela is the only director. NOLAN shares no director with another company.
Timeline
Timeline
13 events since 2016Board
Capital
Filings
Financial
Insolvency
201620182020202220242026
2023
Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 12-12-2023
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 27-03-2023
2022
Resignation: Olteanu Ciprian (director)Transfer of shares from Olteanu Ciprian to Miloku Entela · Olteanu Ciprian is a shareholder · Miloku Entela holds 100% of the shares · General meeting of 31-03-20225 points ▸
- General meeting, 31-03-2022
- Director resignation, Olteanu Ciprian
- Share transfer, Olteanu Ciprian → Miloku Entela
- Olteanu Ciprian is a shareholder
- Miloku Entela holds 100% of the shares
Annual accounts 2021 filed PDFmicro format · 9 days late
2021
Back to profit net €9,859 The net result is €9,859, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 47 days late
2020
Weakest financial year net -€32,165 The net result drops to -€32,165, the lowest from 2016 to 2021.
Appointment: Miloku Entela (director)Olteanu Ciprian holds 5% of the shares · Miloku Entela holds 85% of the shares · Miloku Endrit holds 10% of the shares · General meeting of 01-10-20205 points ▸
- General meeting, 01-10-2020
- Director appointment, Miloku Entela
- Olteanu Ciprian holds 5% of the shares
- Miloku Entela holds 85% of the shares
- Miloku Endrit holds 10% of the shares
Annual accounts 2019 filed PDFmicro format · 7 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 9 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 30 days late
2017
Annual accounts 2016 filed PDFmicro format · 29 days late
2016
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 04-10-2022
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
Company details
Inactive
NOLAN is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Rue Des Chartreux 32, 1000 Bruxellesas published on 4 October 2022
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2016