OBJECTIV EXPERTS
InactiveOBJECTIV EXPERTS was declared bankrupt on 16-05-2023 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 05-12-2023, published in the Belgian State Gazette on 11-12-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-12-2020, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
144 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 144 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
Financials · fiscal year 2019, micro schema
Equity
-€241,188▲ 14.3%
2018 · -€281,291
Total assets
€121,527▲ 26.5%
2018 · €96,055
Net result
€40,103
2018 · -€14,138
Working capital
-€241,327▲ 14.5%
2018 · -€282,308
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
Line20182019
Operating result-€13,595-€40,174
Net result-€14,138-€40,103
Equity-€281,291--€241,188▲ 14.3%
Total assets€96,055-€121,527▲ 26.5%
Debt€377,346-€362,715▼ 3.9%
Working capital-€282,308--€241,327▲ 14.5%
Staff (FTE)0.1-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €40,174 after a loss of €13,595 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €121,527
Fixed assets
€139 ▼ 86.4%
Current assets
€121,388 ▲ 27.7%
Key figures and ratios
EBITDA
€41,052▲
2018 · -€12,501
Cash flow
€40,981▲
2018 · -€13,043
Solvency
-198.5%▲
2018 · -292.8%
Current ratio
0.33▲
2018 · 0.25
ROA
33.0%▲
2018 · -14.7%
Debt ≤ 1 year
€362,715▼
2018 · €377,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,094 | €878 | ▼ 19.7% |
| Gross operating margin9900 | -€4,031 | €88,066 | ▲ 2,285% |
| Operating profit (loss)9901 | -€13,595 | €40,174 | ▲ 395% |
| Recurring financial charges65 | €81 | €71 | ▼ 12.6% |
| Profit (loss) for the period before taxes9903 | -€13,677 | €40,103 | ▲ 393% |
| Income taxes67/77 | €461 | - | - |
| Profit (loss) for the period9904 | -€14,138 | €40,103 | ▲ 384% |
| Profit (loss) for the period to be appropriated9905 | -€14,138 | €40,103 | ▲ 384% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €96,055 | €121,527 | ▲ 26.5% |
| Fixed assets21/28 | €1,017 | €139 | ▼ 86.4% |
| Tangible fixed assets22/27 | €1,017 | €139 | ▼ 86.4% |
| Current assets29/58 | €95,038 | €121,388 | ▲ 27.7% |
| Amounts receivable within one year40/41 | €87,598 | €115,061 | ▲ 31.4% |
| Cash at bank and in hand54/58 | €7,440 | €6,327 | ▼ 15.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €96,055 | €121,527 | ▲ 26.5% |
| Equity10/15 | -€281,291 | -€241,188 | ▲ 14.3% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€299,891 | -€259,788 | ▲ 13.4% |
| Amounts payable17/49 | €377,346 | €362,715 | ▼ 3.9% |
| Amounts payable within one year42/48 | €377,346 | €362,715 | ▼ 3.9% |
| Trade debts44 | €106,638 | €70,597 | ▼ 33.8% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€14,138 | €40,103 | ▲ 384% |
| + Depreciation and write-downs630 | €1,094 | €878 | ▼ 19.7% |
| Operating cash flow (approximation) | -€13,043 | €40,981 | ▲ 414% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,113 | - |
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
2023
11-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 05-12-2023
24-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 16-05-2023
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 144 days late
2019
31-12
Financial
Back to profitnet €40,103
Net result €40,103 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 77 days late
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 143 days late
2015
07-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 38 days late
2014
28-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 59 days late
2013
22-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 83 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 227 days late
2012
06-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 494 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY BACKX CAMPUS BLAIRON 427, 2300 TURN-
HOUT- .
Co-Curator: PATRICK VAN DAM, MOLENSTRAAT 34, 2440 GEEL |
16-05-2023 → 05-12-2023 |