PASO DOBLE
InactivePASO DOBLE was declared bankrupt on 29-06-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-12-2023, published in the Belgian State Gazette on 21-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 31-12-2022, 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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-07-2022, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
12 d early
2020
5 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14
2020 · €-405
2018: €8k
2019: €185
2020: €-405
2018 → 2021
Working capital
€-37k▲ 6.8%
2020 · €-39k
2018: €-42k
2019: €-44k
2020: €-39k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-26k-€-26k▲ 0.7%€-27k▼ 1.5%€-27k▲ 0.1%
Operating result€10k-€959▼ 90.0%€-141€823
Net result€8k-€185▼ 97.7%€-405€14
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €823 after a loss of €141 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €31k
Fixed assets
€10k▼ 20.9%
Current assets
€21k▲ 16.0%
Key figures and ratios
EBITDA
€7k▲
2020 · €7k
Cash flow
€6k▼
2020 · €6k
Solvency
-84.9%▲
2020 · -85.8%
Current ratio
0.37▲
2020 · 0.32
Quick ratio
0.37▲
2020 · 0.32
Debt / equity
-2.18
ROA
0.0%▲
2020 · -1.3%
Interest coverage
37.64
Debt
€58k▲
2020 · €58k
Debt ≤ 1 year
€58k▲
2020 · €58k
Income taxes
€631▲
2020 · €115
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€31k€31k▲
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€11k€9k▼
Plant, machinery and equipment23-€4k
Other tangible fixed assets26-€5k
Financial fixed assets28€1k€1k=
Current assets29/58€19k€21k▲
Amounts receivable within one year40/41€9k€6k▼
Trade receivables40-€6k
Cash at bank and in hand54/58€7k€13k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€31k€31k▲
Equity10/15€-27k€-27k▲
Contributions10/11-€6k
Reserves13€1k€1k=
Non-distributable reserves130/1-€1k
Reserves not available under the articles1311-€1k
Profit (loss) carried forward14€-34k€-34k=
Amounts payable17/49€58k€58k▲
Amounts payable within one year42/48€58k€58k▲
Trade debts44€4k€6k▲
Suppliers440/4-€6k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48-€50k
Accrued charges and deferred income492/3-€6
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8-€684
Gross operating margin9900€7k€7k▲
Operating profit (loss)9901€-141€823▲
Financial income75/76B-€0
Recurring financial income75€6€0▼
Financial charges65/66B-€178
Recurring financial charges65€155€178▲
Profit (loss) for the period before taxes9903€-290€645▲
Income taxes67/77€115€631▲
Profit (loss) for the period9904€-405€14▲
Profit (loss) for the period to be appropriated9905€-405€14▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-34k
Profit (loss) brought forward from the previous period14P-€-34k
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
2023
21-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · PASO DOBLE SRL RUE GENERAL PATTON 32, 1050 IXELLES. déclarée le 29 juin 2023 · event 12-12-2023
07-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · PASO DOBLE SRL RUE GENERAL PATTON 32, 1050 IXELLES · event 29-06-2023
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €14
Net result €14 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-405 ▼319%
Net result drops to €-405, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
03-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
27-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | ANTHONY BOCHON AVENUE LOUISE 522 BOITE 1,
1050 IXELLES |
29-06-2023 → present |