POUPIER MICHAEL
BankruptcySummary
The KBO register records for POUPIER MICHAEL the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €15k and a net result of €-28k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€15k▼ 56.1%
2020 · €34k
2019: €-7klowest in 3 years
2020: €34k▲ +591% vs 2019highest in 3 years
2021: €15k▼ -56.1% vs 2020
2019 → 2021
Total assets
€175k▲ 39.9%
2020 · €125k
2019: €146k
2020: €125k▼ -14.2% vs 2019lowest in 3 years
2021: €175k▲ +39.9% vs 2020highest in 3 years
2019 → 2021
Net result
€-28k
2020 · €41k
2019: €1k
2020: €41k▲ +3828% vs 2019highest in 3 years
2021: €-28k▼ -168% vs 2020lowest in 3 years
2019 → 2021
Working capital
€-37k
2020 · €34k
2019: €33k
2020: €34k▲ +4.7% vs 2019highest in 3 years
2021: €-37k▼ -209% vs 2020lowest in 3 years
2019 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-7k-€34k€15k▼ 56.1%
2019: €-7klowest in 3 years
2020: €34k▲ +591% vs 2019highest in 3 years
2021: €15k▼ -56.1% vs 2020
Operating result€2k-€44k▲ 2,371%€-23k
2019: €2k
2020: €44k▲ +2371% vs 2019highest in 3 years
2021: €-23k▼ -153% vs 2020lowest in 3 years
Net result€1k-€41k▲ 3,828%€-28k
2019: €1k
2020: €41k▲ +3828% vs 2019highest in 3 years
2021: €-28k▼ -168% vs 2020lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €23k after €44k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €175k
Fixed assets
€58k ▲ 171%
Current assets
€117k ▲ 12.8%
Equity and liabilities €175k
Equity
€15k ▼ 56.1%
Debt
€160k ▲ 76.1%
Debt's share of the balance-sheet total rises from 72.6% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2020 · €60k
Cash flow
€11k▼
2020 · €58k
Current ratio
0.76▼
2020 · 1.49
Debt to equity
10.64▲
2020 · 0.14
ROE
-186.3%▼
2020 · 120.4%
ROA
-16.0%▼
2020 · 33.0%
Interest coverage
3.28
Debt ≤ 1 year
€154k▲
2020 · €70k
Staff costs
€21k
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 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€125k€175k▲
Fixed assets21/28€21k€58k▲
Tangible fixed assets22/27€21k€57k▲
Plant, machinery and equipment23-€25k
Furniture and vehicles24-€32k
Financial fixed assets28€750€750=
Current assets29/58€104k€117k▲
Amounts receivable within one year40/41€75k€117k▲
Trade receivables40-€87k
Other amounts receivable41-€30k
Cash at bank and in hand54/58€28k-
Deferred charges and accrued income490/1-€239
Equity and liabilities
Total equity and liabilities10/49€125k€175k▲
Equity10/15€34k€15k▼
Contributions10/11€6k€19k▲
Capital10-€19k
Issued capital100-€19k
Profit (loss) carried forward14€28k€-4k▼
Amounts payable17/49€91k€160k▲
Amounts payable after more than one year17€5k-
Amounts payable within one year42/48€70k€154k▲
Current portion of amounts payable after more than one year42-€5k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€41k€36k▼
Suppliers440/4-€36k
Taxes, remuneration and social security45-€41k
Taxes450/3-€25k
Remuneration and social security454/9-€17k
Other amounts payable47/48-€67k
Accrued charges and deferred income492/3-€6k
Income statement
Code20202021
Remuneration, social security and pensions62-€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€39k▲
Other operating charges640/8-€5k
Gross operating margin9900€165k€43k▼
Operating profit (loss)9901€44k€-23k▼
Financial charges65/66B-€5k
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€41k€-28k▼
Profit (loss) for the period9904€41k€-28k▼
Profit (loss) for the period to be appropriated9905€41k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-4k
Profit (loss) brought forward from the previous period14P-€25k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €21k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €16k | €39k | ▲ 142% |
| Other operating charges640/8 | - | - | €5k | - |
| Gross operating margin9900 | €150k | €165k | €43k | ▼ 74.2% |
| Operating profit (loss)9901 | €2k | €44k | €-23k | ▼ 153% |
| Financial charges65/66B | - | - | €5k | - |
| Recurring financial charges65 | €3k | €3k | €5k | ▲ 98.9% |
| Profit (loss) for the period before taxes9903 | €1k | €41k | €-28k | ▼ 168% |
| Income taxes67/77 | €301 | - | - | - |
| Profit (loss) for the period9904 | €1k | €41k | €-28k | ▼ 168% |
| Profit (loss) for the period to be appropriated9905 | €1k | €41k | €-28k | ▼ 168% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €146k | €125k | €175k | ▲ 39.9% |
| Fixed assets21/28 | €22k | €21k | €58k | ▲ 171% |
| Tangible fixed assets22/27 | €21k | €21k | €57k | ▲ 178% |
| Plant, machinery and equipment23 | - | - | €25k | - |
| Furniture and vehicles24 | - | - | €32k | - |
| Financial fixed assets28 | €750 | €750 | €750 | = |
| Current assets29/58 | €124k | €104k | €117k | ▲ 12.8% |
| Amounts receivable within one year40/41 | €89k | €75k | €117k | ▲ 56.3% |
| Trade receivables40 | - | - | €87k | - |
| Other amounts receivable41 | - | - | €30k | - |
| Cash at bank and in hand54/58 | €35k | €28k | - | - |
| Deferred charges and accrued income490/1 | - | - | €239 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €146k | €125k | €175k | ▲ 39.9% |
| Equity10/15 | €-7k | €34k | €15k | ▼ 56.1% |
| Contributions10/11 | €6k | €6k | €19k | ▲ 200% |
| Capital10 | - | - | €19k | - |
| Issued capital100 | - | - | €19k | - |
| Profit (loss) carried forward14 | €-13k | €28k | €-4k | ▼ 113% |
| Amounts payable17/49 | €153k | €91k | €160k | ▲ 76.1% |
| Amounts payable after more than one year17 | €10k | €5k | - | - |
| Amounts payable within one year42/48 | €92k | €70k | €154k | ▲ 121% |
| Current portion of amounts payable after more than one year42 | - | - | €5k | - |
| Financial debts43 | - | - | €5k | - |
| Credit institutions430/8 | - | - | €5k | - |
| Trade debts44 | €70k | €41k | €36k | ▼ 13.2% |
| Suppliers440/4 | - | - | €36k | - |
| Taxes, remuneration and social security45 | - | - | €41k | - |
| Taxes450/3 | - | - | €25k | - |
| Remuneration and social security454/9 | - | - | €17k | - |
| Other amounts payable47/48 | - | - | €67k | - |
| Accrued charges and deferred income492/3 | - | - | €6k | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €41k | €-28k | ▼ 168% |
| + Depreciation and write-downs630 | €13k | €16k | €39k | ▲ 142% |
| Operating cash flow (approximation) | €14k | €58k | €11k | ▼ 80.3% |
| Investment in fixed assets (approximation) | - | €-16k | €-76k | ▼ 381% |
| Change in cash | - | €-7k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
27-07
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collective agreement · event 14-07-2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 220 days late
2021
31-03
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
31-03
Financial
Highest result since 2019net €41k ▲3,828%
Operating result €44k, net result €41k, both a record.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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.
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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
Registered office, Sprimont · 1 establishment unit since 2016
Ground area
323 m²
Building footprint
124 m²
Volume, LiDAR
1,034 m³
Parcel 62028B0387/00M000, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
POUPIER MICHAËL
since 20162.248.502.560
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62028B0387/00M000 | Wallonia | 323 m² | 1 · 124 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,718 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-12-2015
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
Scores and ratios are computed by Checked and are not a credit decision.