PAINTALL
InactivePAINTALL was declared bankrupt on 11-08-2022 (Tribunal de l’entreprise francophone de Bruxelles). The bankruptcy was closed for insufficient assets by judgment of 12-03-2024, published in the Belgian Official Gazette on 18-03-2024.
Summary
Inactive. The last annual accounts are for financial year 2021.
Overview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 16-02-2015 · bankruptcy closed on 12-03-2024
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2021
- Turnover
- €1,625
- Loss
- €102,842
- ▲ 15×
- Equity
- -€84,605
- ▼ 1,421%
- Total assets
- €27,010
- ▼ 77.6%
Financials
Financials · financial year 2021, micro format
Annual accounts 2021 filed on 21-06-2022 PDF all 6 filings
Turnover
€1,625
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€102,842▼ 1,437%
2020 · -€6,692
Working capital
-€80,450▼ 3,820%
2020 · -€2,053
Multi-year overview
2018 to 2021, 4 financial yearsTurnover
€1,625
2021
20182021
Operating result
-€102,383
▼ 1,354%
2021
20182021
Net result
-€102,842
▼ 1,437%
2021
20182021
Equity
-€84,605
▼ 1,421%
2021
20182021
Total assets
€27,010
▼ 77.6%
2021
20182021
Debt
€111,615
▼ 11.6%
2021
20182021
Working capital
-€80,450
▼ 3,820%
2021
20182021
Staff (FTE)
no figure
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€1,625
Operating result-€21,732--€2,146▲ 90.1%-€7,041▼ 228%-€102,383▼ 1,354%
Net result-€22,727--€8,354▲ 63.2%-€6,692▲ 19.9%-€102,842▼ 1,437%
Equity€9,483-€1,129▼ 88.1%-€5,562-€84,605▼ 1,421%
Total assets€78,714-€126,283▲ 60.4%€120,648▼ 4.5%€27,010▼ 77.6%
Debt€69,231-€125,154▲ 80.8%€126,210▲ 0.8%€111,615▼ 11.6%
Working capital€32,595--€15,050-€2,053▲ 86.4%-€80,450▼ 3,820%
Staff (FTE)11=
The operating result for 2021 is a loss of €102,383, larger than the loss of €7,041 in 2020. It is the lowest result since 2018.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €27,010
Fixed assets
€500 ▼ 56.3%
Current assets
€26,510 ▼ 77.8%
Equity and liabilities
Equity-€84,605
Debt€111,615
Equity is negative. Debt (€111,615) exceeds the balance-sheet total (€27,010).
Key figures and ratios
Solvency
-313.2%▼
2020 · -4.6%
Current ratio
0.25▼
2020 · 0.98
ROA
-380.8%▼
2020 · -5.5%
Debt ≤ 1 year
€106,959▼
2020 · €121,555
Debt > 1 year
€4,655=
2020 · €4,655
Customer credit
3561 days
Supplier credit
93 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1,625 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €110,256 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,643 | €12,248 | €9,768 | - | - |
| Other operating charges640/8 | - | - | - | €83 | - |
| Gross operating margin9900 | -€7,407 | €28,996 | €29,258 | -€102,300 | - |
| Operating profit (loss)9901 | -€21,732 | -€2,146 | -€7,041 | -€102,383 | ▼ 1,354% |
| Recurring financial income75 | €1,761 | €3,380 | €5,272 | - | - |
| Financial charges65/66B | - | - | - | €459 | - |
| Recurring financial charges65 | €2,996 | €9,070 | €4,922 | €459 | ▼ 90.7% |
| Profit (loss) for the period before taxes9903 | -€22,967 | -€7,836 | -€6,692 | -€102,842 | ▼ 1,437% |
| Income taxes67/77 | -€240 | €518 | - | - | - |
| Profit (loss) for the period9904 | -€22,727 | -€8,354 | -€6,692 | -€102,842 | ▼ 1,437% |
| Profit (loss) for the period to be appropriated9905 | -€22,727 | -€8,354 | -€6,692 | -€102,842 | ▼ 1,437% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €78,714 | €126,283 | €120,648 | €27,010 | ▼ 77.6% |
| Fixed assets21/28 | €11,572 | €20,834 | €1,145 | €500 | ▼ 56.3% |
| Tangible fixed assets22/27 | €11,072 | €20,334 | €645 | €0 | ▼ 100% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €67,142 | €105,449 | €119,503 | €26,510 | ▼ 77.8% |
| Amounts receivable within one year40/41 | €65,003 | €105,447 | €119,503 | €26,510 | ▼ 77.8% |
| Trade receivables40 | - | - | - | €15,850 | - |
| Other amounts receivable41 | - | - | - | €10,660 | - |
| Cash at bank and in hand54/58 | €855 | €2 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €78,714 | €126,283 | €120,648 | €27,010 | ▼ 77.6% |
| Equity10/15 | €9,483 | €1,129 | -€5,562 | -€84,605 | ▼ 1,421% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €30,000 | ▲ 384% |
| Capital10 | - | - | - | €30,000 | - |
| Issued capital100 | - | - | - | €30,000 | - |
| Reserves13 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Distributable reserves133 | - | - | - | €3,000 | - |
| Profit (loss) carried forward14 | €283 | -€8,071 | -€14,762 | -€117,605 | ▼ 697% |
| Amounts payable17/49 | €69,231 | €125,154 | €126,210 | €111,615 | ▼ 11.6% |
| Amounts payable after more than one year17 | €34,684 | €4,655 | €4,655 | €4,655 | = |
| Financial debts170/4 | - | - | - | €4,655 | - |
| Amounts payable within one year42/48 | €34,547 | €120,499 | €121,555 | €106,959 | ▼ 12.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,759 | - |
| Financial debts43 | - | - | - | €56,287 | - |
| Credit institutions430/8 | - | - | - | €56,287 | - |
| Trade debts44 | €15,327 | €52,337 | €40,198 | €28,193 | ▼ 29.9% |
| Suppliers440/4 | - | - | - | €28,193 | - |
| Taxes, remuneration and social security45 | - | - | - | €12,557 | - |
| Taxes450/3 | - | - | - | €1,706 | - |
| Remuneration and social security454/9 | - | - | - | €10,851 | - |
| Other amounts payable47/48 | - | - | - | €5,162 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,727 | -€8,354 | -€6,692 | -€102,842 | ▼ 1,437% |
| + Depreciation and write-downs630 | €6,643 | €12,248 | €9,768 | - | - |
| Operating cash flow (approximation) | -€16,084 | €3,894 | €3,076 | -€102,842 | - |
| Investment in fixed assets (approximation) | - | -€21,510 | €9,921 | €645 | ▼ 93.5% |
| Change in cash | - | -€853 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 21-06-2022 | 2022-20090275 | |
| 31-12-2020 | micro format | 15-11-2021 | 2021-77700074 | |
| 31-12-2019 | micro format | 03-12-2020 | 2020-74700033 | |
| 31-12-2018 | micro format | 16-10-2019 | 2019-70700555 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-29400058 | |
| 31-12-2016 | full format | 14-08-2017 | 2017-43600136 |
Board & ownership
Directors
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Guy Kelder Place Guy D’Arezzo 18, 1180 Bruxelles 18 |
11-08-2022 → 12-03-2024 |
Owners and capital
Owners
Timeline
Acts, filings and financial milestones
2024
18-03
Bankruptcy
Bankruptcy closure (insufficient assets)
French-language Enterprise Court of Brussels · judgment of 12-03-2024
2022
18-08
Bankruptcy
Bankruptcy declared
French-language Enterprise Court of Brussels · judgment of 11-08-2022
21-06
micro format · 40 days before the deadline
06-01
Gazette deed
Registered office moved from Anderlecht to BrusselsNew seat: Avenue de la Chasse 133/135, 1040 Bruxelles · Previous seat: Rue de la Démocratie 85/33, Boîte 450, 1070 Anderlecht2 points ▸
Gazette deed
Registered office moved from Anderlecht to Brussels
New seat: Avenue de la Chasse 133/135, 1040 Bruxelles · Previous seat: Rue de la Démocratie 85/33, Boîte 450, 1070 Anderlecht2 points ▸
- General meeting, 07-10-2021
- Registered-office move, Avenue de la Chasse 133/135, 1040 Bruxelles
2021
31-12
Financial
Weakest financial yearnet -€102,842
The net result drops to -€102,842, the lowest from 2018 to 2021.
15-11
micro format · 107 days late
2020
03-12
micro format · 125 days late
2019
16-10
micro format · 77 days late
2018
04-07
micro format · 27 days before the deadline
2017
14-08
full format · 14 days late
2015
16-02
9 publications in the Belgian Official Gazette, the last on 18-03-2024
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
PAINTALL is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Rue De La Democratie 85/33, 1070 Anderlechtas published on 6 January 2022
- Legal form
- Private limited company
- First annual accounts
- financial year 2016