ORGANISING
Open bankruptcyA bankruptcy procedure is open for ORGANISING according to publications in the Belgian State Gazette; curator: SOPHIE HUART.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-07-2023, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d early
2021
23 d late
2020
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€44k▲ 14.1%
2021 · €39k
2020: €16k
2021: €39k
2020 → 2022
Total assets
€82k▲ 91.3%
2021 · €43k
2020: €19k
2021: €43k
2020 → 2022
Net result
€5k▼ 76.3%
2021 · €23k
2020: €-3k
2021: €23k
2020 → 2022
Working capital
€30k▼ 17.4%
2021 · €36k
2020: €11k
2021: €36k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€16k-€39k▲ 146%€44k▲ 14.1%
Operating result€-3k-€23k€6k▼ 74.3%
Net result€-3k-€23k€5k▼ 76.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 74% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €82k
Fixed assets
€14k ▲ 540%
Current assets
€68k ▲ 67.4%
Equity and liabilities €82k
Equity
€44k ▲ 14.1%
Debt
€38k ▲ 754%
Debt's share of the balance-sheet total rises from 10.4% to 46.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2021 · €26k
Cash flow
€9k▼
2021 · €25k
Current ratio
1.78▼
2021 · 9.09
Debt to equity
0.87▲
2021 · 0.12
ROE
12.3%▼
2021 · 59.3%
ROA
6.6%▼
2021 · 53.1%
Interest coverage
15.27▼
2021 · 43.28
Debt ≤ 1 year
€38k▲
2021 · €4k
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 · 2022 against 2021 · 36 lines
Balance sheet
Code20212022
Assets
Total assets20/58€43k€82k▲
Fixed assets21/28€2k€14k▲
Tangible fixed assets22/27€2k€14k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24€2k€9k▲
Current assets29/58€41k€68k▲
Amounts receivable within one year40/41€6k€45k▲
Trade receivables40€6k€40k▲
Other amounts receivable41€261€5k▲
Cash at bank and in hand54/58€35k€23k▼
Equity and liabilities
Total equity and liabilities10/49€43k€82k▲
Equity10/15€39k€44k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€20k€25k▲
Amounts payable17/49€4k€38k▲
Amounts payable within one year42/48€4k€38k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€389€36k▲
Suppliers440/4€389€36k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€1k-
Income statement
Code20212022
Non-recurring operating income76A€27k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8-€200
Gross operating margin9900€26k€9k▼
Operating profit (loss)9901€23k€6k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€600€600▲
Recurring financial charges65€600€600▲
Profit (loss) for the period before taxes9903€23k€5k▼
Profit (loss) for the period9904€23k€5k▼
Profit (loss) for the period to be appropriated9905€23k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€25k▲
Profit (loss) brought forward from the previous period14P€-3k€20k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
15-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ORGANISING AVENUE FRANCOIS MALHERBE 41, 1070 ANDERLECHT · event 07-10-2024
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 9.09
Current ratio from 4.15 to 9.09.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES |
07-10-2024 → present |