OSCAR BATI NET
Open bankruptcyA bankruptcy procedure is open for OSCAR BATI NET according to publications in the Belgian State Gazette; curator: CLAIRE VAN DE VELDE.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-11-2022, 117 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
117 d late
2020
198 d late
2019
186 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€462k
EBIT margin
8.5%
Net result
€29k▲ 3,647%
2020 · €763
2018: €6k
2019: €-862
2020: €763
2018 → 2021
Working capital
€40k▲ 324%
2020 · €9k
2018: €32k
2019: €58k
2020: €9k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€462k
Equity€-637-€-1k▼ 135%€12k€40k▲ 245%
Operating result€11k-€1k▼ 86.6%€3k▲ 130%€39k▲ 1,037%
Net result€6k-€-862€763€29k▲ 3,647%
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 1,037% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €120k
Fixed assets
€225 ▼ 89.9%
Current assets
€120k ▼ 80.0%
Equity and liabilities €120k
Equity
€40k ▲ 245%
Debt
€80k ▼ 86.5%
Debt's share of the balance-sheet total falls from 98.1% to 66.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2020 · €5k
Cash flow
€31k▲
2020 · €2k
Current ratio
1.50▲
2020 · 1.02
Debt to equity
1.98
ROE
71.0%▲
2020 · 6.5%
ROA
23.8%▲
2020 · 0.1%
Interest coverage
954.19
Debt ≤ 1 year
€80k▼
2020 · €589k
Income taxes
€11k
Staff costs
€78k
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 · 2021 against 2020 · 39 lines
Balance sheet
Code20202021
Assets
Total assets20/58€600k€120k▼
Fixed assets21/28€2k€225▼
Tangible fixed assets22/27€2k-
Financial fixed assets28-€225
Current assets29/58€598k€120k▼
Amounts receivable within one year40/41€591k€96k▼
Trade receivables40-€61k
Other amounts receivable41-€35k
Cash at bank and in hand54/58€7k€24k▲
Equity and liabilities
Total equity and liabilities10/49€600k€120k▼
Equity10/15€12k€40k▲
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-9k€20k▲
Amounts payable17/49€589k€80k▼
Amounts payable within one year42/48€589k€80k▼
Trade debts44€508k€40k▼
Suppliers440/4-€40k
Taxes, remuneration and social security45-€39k
Taxes450/3-€16k
Remuneration and social security454/9-€23k
Other amounts payable47/48-€90
Income statement
Code20202021
Turnover70-€462k
Goods, raw materials, services and sundry goods60/61-€340k
Remuneration, social security and pensions62-€78k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8-€2k
Gross operating margin9900€88k€122k▲
Operating profit (loss)9901€3k€39k▲
Financial charges65/66B-€43
Recurring financial charges65€3k€43▼
Profit (loss) for the period before taxes9903€763€39k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€763€29k▲
Profit (loss) for the period to be appropriated9905€763€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€20k
Profit (loss) brought forward from the previous period14P-€-9k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
23-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · OSCAR BATI NET CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · event 16-09-2024
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 198 days late
2021
31-12
Financial
Highest result since 2018net €29k ▲3647%
Operating result €39k, net result €29k, both a record.
02-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 186 days late
2020
31-12
Financial
Back to profitnet €763
Net result €763 after one loss-making year.
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 195 days late
2019
31-12
Financial
Weakest financial yearnet €-862 ▼114%
Net result drops to €-862, the lowest in the series.
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
16-09-2024 → present |