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PEETERS

Inactive
KBO/BCE: BE 0447.854.443

PEETERS was declared bankrupt on 24-02-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 17-10-2023, published in the Belgian State Gazette on 23-10-2023.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

History

PEETERS has filed 20 sets of annual accounts, the latest for fiscal year 2020.1 On 24 February 2022 the company was declared bankrupt; the bankruptcy was closed on 17 October 2023.23

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 02-03-2022
  3. 3Belgian State Gazette, 23-10-2023

Financials · fiscal year 2020, micro schema

Equity
-€73,801▲ 11.8%
2019 · -€83,659
Total assets
€245▼ 99.9%
2019 · €197,031
Net result
€9,858
2019 · -€17,118
Working capital
-€62,283▲ 74.2%
2019 · -€241,078
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result-€80,007--€2,604▲ 96.7%€51,138
Net result-€83,255--€17,118▲ 79.4%€9,858
Equity-€66,541--€83,659▼ 25.7%-€73,801▲ 11.8%
Total assets€211,687-€197,031▼ 6.9%€245▼ 99.9%
Debt€278,228-€280,690▲ 0.9%€74,046▼ 73.6%
Working capital-€232,711--€241,078▼ 3.6%-€62,283▲ 74.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2018: -€80,007-€80,007Net result 2018: -€83,255-€83,255Operating result 2019: -€2,604-€2,604Net result 2019: -€17,118-€17,118Operating result 2020: €51,138€51,138Net result 2020: €9,858€9,858201820192020-€100,000-€50,000€0€50,000Operating result 2018: -€80,007-€80,000Net result 2018: -€83,255-€83,300Operating result 2019: -€2,604-€2,600Net result 2019: -€17,118-€17,100Operating result 2020: €51,138€51,100Net result 2020: €9,858€9,860201820192020
The operating result returns to profit in 2020: €51,138 after a loss of €2,604 in 2019, the highest result in the available series.
Key figures and ratios
2020 value · change against 2019
EBITDA
€54,159▲
2019 · €10,484
Cash flow
€12,879▲
2019 · -€4,029
Debt ≤ 1 year
€62,528▼
2019 · €264,738
Debt > 1 year
€11,518▼
2019 · €15,952
Ratios withheld: a balance sheet total of €245 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€197,031€245▼
Fixed assets21/28€173,371-
Tangible fixed assets22/27€133,371-
Financial fixed assets28€40,000-
Current assets29/58€23,660€245▼
Amounts receivable within one year40/41€23,359€242▼
Cash at bank and in hand54/58€301€3▼
Equity and liabilities
Total equity and liabilities10/49€197,031€245▼
Equity10/15-€83,659-€73,801▲
Contributions10/11€101,636€101,636=
Profit (loss) carried forward14-€185,295-€175,437▲
Amounts payable17/49€280,690€74,046▼
Amounts payable after more than one year17€15,952€11,518▼
Amounts payable within one year42/48€264,738€62,528▼
Trade debts44€388€1,003▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,088€3,021▼
Gross operating margin9900€13,179€56,753▲
Operating profit (loss)9901-€2,604€51,138▲
Recurring financial charges65€6,769€41,280▲
Profit (loss) for the period before taxes9903-€9,373€9,858▲
Income taxes67/77€7,745-
Profit (loss) for the period9904-€17,118€9,858▲
Profit (loss) for the period to be appropriated9905-€17,118€9,858▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,088€13,088€3,021▼ 76.9%
Gross operating margin9900€21,695€13,179€56,753▲ 331%
Operating profit (loss)9901-€80,007-€2,604€51,138▲ 2,064%
Recurring financial charges65€3,248€6,769€41,280▲ 510%
Profit (loss) for the period before taxes9903-€83,255-€9,373€9,858▲ 205%
Income taxes67/77-€7,745--
Profit (loss) for the period9904-€83,255-€17,118€9,858▲ 158%
Profit (loss) for the period to be appropriated9905-€83,255-€17,118€9,858▲ 158%
Line201820192020Change
Assets
Total assets20/58€211,687€197,031€245▼ 99.9%
Fixed assets21/28€186,459€173,371--
Tangible fixed assets22/27€146,459€133,371--
Financial fixed assets28€40,000€40,000--
Current assets29/58€25,228€23,660€245▼ 99.0%
Amounts receivable within one year40/41€24,929€23,359€242▼ 99.0%
Cash at bank and in hand54/58€300€301€3▼ 99.1%
Equity and liabilities
Total equity and liabilities10/49€211,687€197,031€245▼ 99.9%
Equity10/15-€66,541-€83,659-€73,801▲ 11.8%
Contributions10/11€101,636€101,636€101,636=
Profit (loss) carried forward14-€168,178-€185,295-€175,437▲ 5.3%
Amounts payable17/49€278,228€280,690€74,046▼ 73.6%
Amounts payable after more than one year17€20,290€15,952€11,518▼ 27.8%
Amounts payable within one year42/48€257,939€264,738€62,528▼ 76.4%
Trade debts44€209€388€1,003▲ 158%
Line201820192020Change
Profit (loss) for the period9904-€83,255-€17,118€9,858▲ 158%
+ Depreciation and write-downs630€13,088€13,088€3,021▼ 76.9%
Operating cash flow (approximation)-€70,166-€4,029€12,879▲ 420%
Investment in fixed assets (approximation)-€0--
Change in cash-€2-€298▼ 19,724%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
23-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-10-2023
2022
02-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-02-2022
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €9,858
Net result €9,858 after 2 loss-making years.
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
10-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 436 days late
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2017
12-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2012
13-11
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 105 days late
2011
07-06
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 311 days late
26-04
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 634 days late
26-04
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema · 999 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator STEFANIE HENS
BRITSELEI 76, 2000 06 ANTWERPEN-
24-02-2022 → 17-10-2023