PLAN B BAR
InactivePLAN B BAR was declared bankrupt on 07-06-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 09-01-2024, published in the Belgian State Gazette on 17-01-2024.
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 · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-08-2022, 9 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
9 d late
2019
230 d late
2018
219 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Turnover
€17k▼ 47.2%
2019 · €33k
2018: €36k
2019: €33k
2018 → 2021
EBIT margin
-75.9%▼ 79.0pp
2019 · 3.1%
2018: -34.4%
2019: 3.1%
2018 → 2021
Net result
€-23k
2019 · €717
2018: €-12k
2019: €717
2018 → 2021
Working capital
€-15k▼ 155%
2019 · €-6k
2018: €-11k
2019: €-6k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Turnover€36k-€33k▼ 7.1%€17k▼ 47.2%
Equity€-5k-€939€-7k
Operating result€-12k-€1k€-13k
Net result€-12k-€717€-23k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-13k in 2021, compared with €1k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €11k
Fixed assets
€8k▲ 20.7%
Current assets
€3k▼ 15.7%
Key figures and ratios
Solvency
-62.3%▼
2019 · 9.7%
Current ratio
0.15▼
2019 · 0.34
Quick ratio
0.05▲
2019 · 0.01
Debt / equity
-2.61
ROA
-214.8%▼
2019 · 7.4%
Debt
€17k▲
2019 · €9k
Debt ≤ 1 year
€17k▲
2019 · €9k
Income taxes
€9k
Staff costs
€451
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 2019
Balance sheet
Code20192021
Assets
Total assets20/58€10k€11k▲
Fixed assets21/28€7k€8k▲
Tangible fixed assets22/27€7k€7k=
Plant, machinery and equipment23-€6k
Furniture and vehicles24-€750
Financial fixed assets28-€1k
Current assets29/58€3k€3k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36-€2k
Amounts receivable within one year40/41-€903
Other amounts receivable41-€903
Cash at bank and in hand54/58€74€25▼
Equity and liabilities
Total equity and liabilities10/49€10k€11k▲
Equity10/15€939€-7k▼
Contributions10/11€14k€19k▲
Capital10-€19k
Issued capital100-€19k
Profit (loss) carried forward14€-13k€-25k▼
Amounts payable17/49€9k€17k▲
Amounts payable within one year42/48€9k€17k▲
Financial debts43-€514
Credit institutions430/8-€514
Trade debts44€723€186▼
Suppliers440/4-€186
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Remuneration and social security454/9-€366
Other amounts payable47/48-€8k
Income statement
Code20192021
Turnover70€33k€17k▼
Goods, raw materials, services and sundry goods60/61-€32k
Remuneration, social security and pensions62-€451
Other operating charges640/8-€1k
Gross operating margin9900€3k€-12k▼
Operating profit (loss)9901€1k€-13k▼
Financial charges65/66B-€228
Recurring financial charges65€312€228▼
Profit (loss) for the period before taxes9903€717€-13k▼
Income taxes67/77-€9k
Profit (loss) for the period9904€717€-23k▼
Profit (loss) for the period to be appropriated9905€717€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-25k
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
17-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · PLAN B BAR BV BRUSSELSESTEENWEG 657, 3090 OVERIJSE · event 09-01-2024
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
14-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PLAN B BAR BV BRUSSELSE- STEENWEG 657, 3090 OVERIJSE · event 07-06-2022
2021
31-12
Financial
Weakest financial yearnet €-23k ▼3264%
Net result drops to €-23k, the lowest in the series.
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 230 days late
2020
06-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 219 days late
2019
31-12
Financial
Back to profitnet €717
Net result €717 after one loss-making year.
2018
16-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 47 days late
16-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 412 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
2014
21-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
07-06-2022 → present |