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OPTIMA PHARMA

Open bankruptcy
Private limited company (pre-2019)founded 2014Georges Lecointelaan 50, 1180 Ukkel, BelgiumKBO/BCE: BE 0543.778.337

A bankruptcy procedure is open for OPTIMA PHARMA according to publications in the Belgian State Gazette; curator: VINCENT TERLINDEN.

Summary

The 2020 annual accounts show equity of €459k and a net result of €398k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, full schema

Turnover
€324k
EBIT margin
66.0%
Net result
€398k▲ 858%
2019 · €42k
2018: €210k 2019: €42k
2018 → 2020
Working capital
€409k▲ 1,813%
2019 · €21k
2018: €-16k 2019: €21k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Turnover€324k-
Equity€19k-€60k▲ 214%€459k▲ 667%
Operating result€214k-€69k▼ 67.9%€553k▲ 705%
Net result€210k-€42k▼ 80.2%€398k▲ 858%
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2018: €214k€214kNet result 2018: €210k€210kOperating result 2019: €69k€69kNet result 2019: €42k€42kOperating result 2020: €553k€553kNet result 2020: €398k€398k201820192020€0€200k€400k€600kOperating result 2018: €214k€214kNet result 2018: €210k€210kOperating result 2019: €69k€69kNet result 2019: €42k€42kOperating result 2020: €553k€553kNet result 2020: €398k€398k201820192020
The operating result recovers in 2020; 2020 is 705% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €6.65M
Fixed assets €50k ▲ 28.4%
Current assets €6.60M ▲ 2,454%
Equity and liabilities €6.65M
Equity €459k ▲ 667%
Debt €6.19M ▲ 2,504%
Debt's share of the balance-sheet total rises from 79.9% to 93.1%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€554k
Cash flow
€400k
Current ratio
1.07
2019 · 1.09
Quick ratio
1.06
2019 · 1.09
Debt to equity
13.48
ROE
86.8%
2019 · 69.5%
ROA
6.0%
2019 · 14.0%
Interest coverage
247.78
Debt ≤ 1 year
€6.19M
2019 · €237k
Income taxes
€156k
2019 · €25k
Staff costs
€111k
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 · 44 lines
Balance sheet Code20192020
Assets
Total assets20/58€297k€6.65M
Fixed assets21/28€39k€50k
Tangible fixed assets22/27-€8k
Furniture and vehicles24-€8k
Financial fixed assets28€39k€42k
Current assets29/58€258k€6.60M
Amounts receivable after more than one year29-€70k
Trade receivables290-€70k
Stocks and contracts in progress3-€30k
Stocks30/36-€30k
Amounts receivable within one year40/41€187k€6.30M
Trade receivables40-€5.93M
Other amounts receivable41-€370k
Current investments50/53-€81k
Cash at bank and in hand54/58€153€118k
Deferred charges and accrued income490/1-€55
Equity and liabilities
Total equity and liabilities10/49€297k€6.65M
Equity10/15€60k€459k
Contributions10/11€6k€6k=
Profit (loss) carried forward14€54k€453k
Amounts payable17/49€238k€6.19M
Amounts payable within one year42/48€237k€6.19M
Trade debts44€46k€5.68M
Suppliers440/4-€5.68M
Taxes, remuneration and social security45-€407k
Taxes450/3-€384k
Remuneration and social security454/9-€23k
Other amounts payable47/48-€97k
Income statement Code20192020
Remuneration, social security and pensions62-€111k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€216k
Gross operating margin9900€103k€881k
Operating profit (loss)9901€69k€553k
Financial income75/76B-€4k
Recurring financial income75€5k€4k
Financial charges65/66B-€2k
Recurring financial charges65€7k€2k
Profit (loss) for the period before taxes9903€67k€554k
Income taxes67/77€25k€156k
Profit (loss) for the period9904€42k€398k
Profit (loss) for the period to be appropriated9905€42k€398k
Appropriation of the result
Profit (loss) to be appropriated9906-€453k
Profit (loss) brought forward from the previous period14P-€54k
Return on contributions (dividend)694€808-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2022
02-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 306 days late
2021
18-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · OPTIMA PHARMA SRL AVENUE GEORGES LECOINTE 50, 1180 UCCLE · event 15-11-2021
2020
31-12
Financial Highest result since 2018net €398k ▲858%
Operating result €553k, net result €398k, both a record.
31-12
Financial Equity above €200kEq €459k ▲667%
3 profitable years in a row build equity to €459k.
25-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
31-12
Financial Weakest financial yearnet €42k ▼80.2%
Net result drops to €42k, the lowest in the series.
14-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
27-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 119 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
07-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 99 days late
2015
22-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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
Registered office, Ukkel · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Georges Lecointelaan 501180 Ukkel
Ground area
2,238 m²
Building footprint
362 m²
Volume, LiDAR
2,719 m³
Parcel 21612D0103/00Z009, Brussels · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Georges Lecointelaan 50, 1180 Ukkel
Manufacture of wearing apparel
since 20142.233.013.046
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612D0103/00Z009 Brussels 2,238 m² 1 · 362 m² 14.1 m · 2 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 VINCENT TERLINDEN
Avenue Louise 349/16, 1050 BRUXELLES 5
15-11-2021present

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,721 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)
Founded03-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.