NYOBE
Bankruptcy closed1 interim measureInactive since 10-10-2026; last annual accounts for financial year 2018.
Summary
NYOBE was declared bankrupt on 12-03-2020 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed by liquidation by judgment of 08-10-2026, published in the Belgian Official Gazette on 15-10-2026.
Financials · financial year 2018, full format
Turnover
€80.4m
EBIT margin
-0.1%
Net result
-€207,648
Working capital
-€68.5m
Balance-sheet composition
Assets €44.1m
Fixed assets
€5.7m
Current assets
€38.5m
Equity and liabilities
Equity-€63.5m
Debt€107.4m
Equity is negative: debt (€107.4m) exceeds the balance-sheet total (€44.1m).
Key figures and ratios
EBITDA
€2.5m
Cash flow
€2.3m
Solvency
-143.8%
Current ratio
0.36
Quick ratio
0.30
ROA
-0.5%
Interest coverage
64.73
Debt
€107.4m
Debt ≤ 1 year
€106.9m
Debt > 1 year
€208,028
Income taxes
€20,287
Staff costs
€9.1m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
| Line | 2018 |
|---|---|
| Operating income70/76A | €81.9m |
| Turnover70 | €80.4m |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €0.7m |
| Other operating income74 | €0.8m |
| Operating charges60/66A | €82.0m |
| Goods for resale, raw materials and consumables60 | €61.3m |
| Purchases600/8 | €61.5m |
| Change in stocks: decrease (increase)609 | -€0.2m |
| Services and other goods61 | €8.8m |
| Remuneration, social security and pensions62 | €9.1m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.6m |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0.03m |
| Other operating charges640/8 | €0.2m |
| Non-recurring operating charges66A | €0.005m |
| Operating profit (loss)9901 | -€0.06m |
| Financial income75/76B | €0.5m |
| Recurring financial income75 | €0.5m |
| Income from current assets751 | €0.05m |
| Other financial income752/9 | €0.4m |
| Financial charges65/66B | €0.6m |
| Recurring financial charges65 | €0.6m |
| Debt charges650 | €0.04m |
| Other financial charges652/9 | €0.6m |
| Profit (loss) for the period before taxes9903 | -€0.2m |
| Transfer from deferred taxes780 | €0.01m |
| Income taxes67/77 | €0.02m |
| Taxes670/3 | €0.02m |
| Profit (loss) for the period9904 | -€0.2m |
| Transfer from tax-exempt reserves789 | €0.03m |
| Profit (loss) for the period to be appropriated9905 | -€0.2m |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €44.1m | |
| Fixed assets21/28 | €5.7m | |
| Intangible fixed assets21 | €0.3m | |
| Tangible fixed assets22/27 | €5.4m | |
| Land and buildings22 | €0.7m | |
| Plant, machinery and equipment23 | €4.2m | |
| Furniture and vehicles24 | €0.1m | |
| Leasing and similar rights25 | €0.3m | |
| Financial fixed assets28 | €0.01m | |
| Other financial fixed assets284/8 | €0.01m | |
| Shares284 | €0.01m | |
| Amounts receivable and cash guarantees285/8 | €440 | |
| Current assets29/58 | €38.5m | |
| Stocks and contracts in progress3 | €6.7m | |
| Stocks30/36 | €6.7m | |
| Raw materials and consumables30/31 | €1.5m | |
| Work in progress32 | €0.6m | |
| Finished goods33 | €4.6m | |
| Amounts receivable within one year40/41 | €16.2m | |
| Trade receivables40 | €15.6m | |
| Other amounts receivable41 | €0.6m | |
| Cash at bank and in hand54/58 | €15.5m | |
| Deferred charges and accrued income490/1 | €0.03m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €44.1m | |
| Equity10/15 | -€63.5m | |
| Contributions10/11 | €29.1m | |
| Capital10 | €29.1m | |
| Issued capital100 | €29.1m | |
| Reserves13 | €4.6m | |
| Legal reserve130 | €0.9m | |
| Tax-exempt reserves132 | €3.8m | |
| Profit (loss) carried forward14 | -€97.2m | |
| Investment grants15 | €0.03m | |
| Provisions and deferred taxes16 | €0.2m | |
| Provisions for liabilities and charges160/5 | €0.2m | |
| Other liabilities and charges164/5 | €0.2m | |
| Deferred taxes168 | €0.02m | |
| Amounts payable17/49 | €107.4m | |
| Amounts payable after more than one year17 | €0.2m | |
| Financial debts170/4 | €0.2m | |
| Leasing and similar obligations172 | €0.2m | |
| Amounts payable within one year42/48 | €106.9m | |
| Current portion of amounts payable after more than one year42 | €0.3m | |
| Trade debts44 | €1.9m | |
| Suppliers440/4 | €1.9m | |
| Taxes, remuneration and social security45 | €104.8m | |
| Taxes450/3 | €103.4m | |
| Remuneration and social security454/9 | €1.4m | |
| Other amounts payable47/48 | €0.001m | |
| Accrued charges and deferred income492/3 | €0.2m | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€0.2m |
| + Depreciation and write-downs630 | €2.6m |
| Operating cash flow (approximation) | €2.3m |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2018 | full format | 26-06-2019 | 2019-24300279 |
| 31-12-2017 | full format | 26-06-2018 | 2018-26700025 |
| 31-12-2016 | full format | 17-07-2017 | 2017-33300157 |
| 31-12-2015 | full format | 28-06-2016 | 2016-24600048 |
| 31-12-2014 | full format | 10-07-2015 | 2015-30400019 |
| 31-12-2013 | full format | 10-07-2014 | 2014-29200368 |
| 31-12-2012 | full format | 09-07-2013 | 2013-29800508 |
| 31-12-2011 | full format | 05-07-2012 | 2012-27800483 |
| 31-12-2010 | full format | 28-06-2011 | 2011-22800215 |
| 31-12-2009 | full format | 29-06-2010 | 2010-26200032 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.