Opdedrynck
Open bankruptcyA bankruptcy procedure is open for Opdedrynck according to publications in the Belgian State Gazette; curator: PATRICK CONTENT.
Summary
The 2020 annual accounts show equity of €230k and a net result of €-124k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€230k▼ 35.0%
2019 · €355k
2018: €347k
2019: €355k
2018 → 2020
Total assets
€668k▼ 36.5%
2019 · €1.05M
2018: €1.02M
2019: €1.05M
2018 → 2020
Net result
€-124k
2019 · €7k
2018: €6k
2019: €7k
2018 → 2020
Working capital
€219k▼ 35.7%
2019 · €341k
2018: €341k
2019: €341k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€347k-€355k▲ 2.1%€230k▼ 35.0%
Operating result€14k-€63k▲ 346%€-99k
Net result€6k-€7k▲ 22.7%€-124k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €99k after €63k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €668k
Fixed assets
€11k ▼ 17.5%
Current assets
€657k ▼ 36.7%
Equity and liabilities €668k
Equity
€230k ▼ 35.0%
Debt
€438k ▼ 37.2%
Debt's share of the balance-sheet total falls from 66.3% to 65.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-97k▼
2019 · €64k
Cash flow
€-122k▼
2019 · €9k
Current ratio
1.50▲
2019 · 1.49
Quick ratio
1.24▲
2019 · 0.92
ROE
-53.8%▼
2019 · 2.1%
ROA
-18.6%▼
2019 · 0.7%
Debt ≤ 1 year
€438k▼
2019 · €698k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.05M€668k▼
Fixed assets21/28€13k€11k▼
Intangible fixed assets21€4k€4k=
Tangible fixed assets22/27€8k€6k▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.04M€657k▼
Stocks and contracts in progress3€396k€113k▼
Amounts receivable within one year40/41€386k€283k▼
Cash at bank and in hand54/58€1k€53k▲
Equity and liabilities
Total equity and liabilities10/49€1.05M€668k▼
Equity10/15€355k€230k▼
Contributions10/11€50k€50k=
Reserves13€305k€180k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€698k€438k▼
Amounts payable within one year42/48€698k€438k▼
Trade debts44€530k€316k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Gross operating margin9900€766k€271k▼
Operating profit (loss)9901€63k€-99k▼
Recurring financial income75€25-
Recurring financial charges65€40k€25k▼
Profit (loss) for the period before taxes9903€22k€-124k▼
Income taxes67/77€15k-
Profit (loss) for the period9904€7k€-124k▼
Profit (loss) for the period to be appropriated9905€7k€-124k▼
Timeline · acts, filings and financial milestones
2021
17-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · OPDEDRYNCK BV MARKT- STRAAT 10/2, 8460 OUDENBURG · event 13-12-2021
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 130 days late
2020
31-12
Financial
Weakest financial yearnet €-124k ▼1776%
Net result drops to €-124k, the lowest in the series.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲22.7%
Operating result €63k, net result €7k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
16-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
10-07
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
4 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
1 establishment unit since 1972
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.
Ground area
350 m²
Building footprint
232 m²
Volume, LiDAR
1,832 m³
Parcel 35014B0656/00R003, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 19722.006.826.763
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35014B0656/00R003 | Flanders | 350 m² | 1 · 232 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK CONTENT JOZEF II-STRAAT 18,
8400 OOSTENDE |
13-12-2021 → present |
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,048 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-1971
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.