PRABH
BankruptcySummary
The KBO register records for PRABH the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €38k and a net result of €-759.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-08-2023, 11 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
11 d late
2021
94 d late
2020
25 d late
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€388k▼ 3.9%
2018 · €404k
2018: €404k
2019: €388k▼ -3.9% vs 2018
2018 → 2019
EBIT margin
3.1%▲ 1.3pp
2018 · 1.8%
2018: 1.8%
2019: 3.1%▲ +73.6% vs 2018
2018 → 2019
Net result
€-759
2021 · €15k
2018: €3k
2019: €4k▲ +34.2% vs 2018
2020: €15k▲ +267% vs 2019highest in 5 years
2021: €15k▼ -0.8% vs 2020
2022: €-759▼ -105% vs 2021lowest in 5 years
2018 → 2022
Working capital
€8k▼ 32.8%
2021 · €11k
2018: €-739lowest in 5 years
2019: €1k▲ +253% vs 2018
2020: €14k▲ +1113% vs 2019highest in 5 years
2021: €11k▼ -17.7% vs 2020
2022: €8k▼ -32.8% vs 2021
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€404k-€388k▼ 3.9%
2018: €404k
2019: €388k▼ -3.9% vs 2018
Equity€18k-€23k▲ 22.1%€38k▲ 66.6%€39k▲ 2.5%€38k▼ 2.0%
2018: €18klowest in 5 years
2019: €23k▲ +22.1% vs 2018
2020: €38k▲ +66.6% vs 2019
2021: €39k▲ +2.5% vs 2020highest in 5 years
2022: €38k▼ -2.0% vs 2021
Operating result€7k-€12k▲ 66.8%€26k▲ 112%€25k▼ 2.8%€10k▼ 58.5%
2018: €7klowest in 5 years
2019: €12k▲ +66.8% vs 2018
2020: €26k▲ +112% vs 2019highest in 5 years
2021: €25k▼ -2.8% vs 2020
2022: €10k▼ -58.5% vs 2021
Net result€3k-€4k▲ 34.2%€15k▲ 267%€15k▼ 0.8%€-759
2018: €3k
2019: €4k▲ +34.2% vs 2018
2020: €15k▲ +267% vs 2019highest in 5 years
2021: €15k▼ -0.8% vs 2020
2022: €-759▼ -105% vs 2021lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 59% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €231k
Fixed assets
€170k ▼ 2.4%
Current assets
€61k ▼ 19.0%
Equity and liabilities €231k
Equity
€38k ▼ 2.0%
Debt
€193k ▼ 8.5%
Debt's share of the balance-sheet total falls from 84.5% to 83.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2021 · €29k
Cash flow
€3k▼
2021 · €19k
Current ratio
1.14▼
2021 · 1.18
Quick ratio
0.56▼
2021 · 0.85
Debt to equity
5.11▼
2021 · 5.47
ROE
-2.0%▼
2021 · 38.7%
ROA
-0.3%▼
2021 · 6.0%
Interest coverage
1.45▼
2021 · 3.35
Debt ≤ 1 year
€54k▼
2021 · €64k
Debt > 1 year
€139k▼
2021 · €147k
Income taxes
€1k▼
2021 · €1k
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 · 2022 against 2021 · 47 lines
Balance sheet
Code20212022
Assets
Total assets20/58€250k€231k▼
Fixed assets21/28€174k€170k▼
Tangible fixed assets22/27€172k€168k▼
Land and buildings22€170k€166k▼
Plant, machinery and equipment23€2k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€76k€61k▼
Stocks and contracts in progress3€21k€31k▲
Stocks30/36€21k€31k▲
Amounts receivable within one year40/41€7k€10k▲
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€48k€20k▼
Equity and liabilities
Total equity and liabilities10/49€250k€231k▼
Equity10/15€39k€38k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€24k€24k▼
Amounts payable17/49€211k€193k▼
Amounts payable after more than one year17€147k€139k▼
Financial debts170/4€147k€139k▼
Amounts payable within one year42/48€64k€54k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€42k€15k▼
Suppliers440/4€42k€15k▼
Taxes, remuneration and social security45€16k€27k▲
Taxes450/3€16k€22k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€143€5k▲
Income statement
Code20212022
Remuneration, social security and pensions62€-140-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€4k€1k▼
Gross operating margin9900€33k€16k▼
Operating profit (loss)9901€25k€10k▼
Financial income75/76B€1€5▲
Recurring financial income75€1€5▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€16k€282▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€15k€-759▼
Profit (loss) for the period to be appropriated9905€15k€-759▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€24k▼
Profit (loss) brought forward from the previous period14P€23k€24k▲
Profit to be distributed694/7€14k-
Directors or managers695€14k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €404k | €388k | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €-140 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €4k | €4k | €4k | = |
| Other operating charges640/8 | - | - | - | €4k | €1k | ▼ 66.6% |
| Gross operating margin9900 | €41k | €30k | €37k | €33k | €16k | ▼ 51.8% |
| Operating profit (loss)9901 | €7k | €12k | €26k | €25k | €10k | ▼ 58.5% |
| Financial income75/76B | - | - | - | €1 | €5 | ▲ 341% |
| Recurring financial income75 | - | - | €6 | €1 | €5 | ▲ 341% |
| Financial charges65/66B | - | - | - | €9k | €10k | ▲ 15.5% |
| Recurring financial charges65 | €3k | €7k | €7k | €9k | €10k | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €4k | €5k | €19k | €16k | €282 | ▼ 98.3% |
| Income taxes67/77 | €811 | €1k | €4k | €1k | €1k | ▼ 25.2% |
| Profit (loss) for the period9904 | €3k | €4k | €15k | €15k | €-759 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €3k | €4k | €15k | €15k | €-759 | ▼ 105% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €223k | €236k | €230k | €250k | €231k | ▼ 7.4% |
| Fixed assets21/28 | €186k | €182k | €177k | €174k | €170k | ▼ 2.4% |
| Tangible fixed assets22/27 | €185k | €181k | €177k | €172k | €168k | ▼ 2.5% |
| Land and buildings22 | - | - | - | €170k | €166k | ▼ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €2k | €2k | ▼ 21.8% |
| Financial fixed assets28 | €890 | €890 | €890 | €2k | €2k | = |
| Current assets29/58 | €37k | €54k | €52k | €76k | €61k | ▼ 19.0% |
| Stocks and contracts in progress3 | €17k | €31k | €21k | €21k | €31k | ▲ 47.6% |
| Stocks30/36 | - | - | - | €21k | €31k | ▲ 47.6% |
| Amounts receivable within one year40/41 | €3k | €17k | €14k | €7k | €10k | ▲ 45.4% |
| Other amounts receivable41 | - | - | - | €7k | €10k | ▲ 45.4% |
| Cash at bank and in hand54/58 | €7k | €7k | €17k | €48k | €20k | ▼ 57.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €223k | €236k | €230k | €250k | €231k | ▼ 7.4% |
| Equity10/15 | €18k | €23k | €38k | €39k | €38k | ▼ 2.0% |
| Contributions10/11 | €12k | €12k | - | €12k | €12k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €4k | €8k | €23k | €24k | €24k | ▼ 3.1% |
| Amounts payable17/49 | €204k | €213k | €192k | €211k | €193k | ▼ 8.5% |
| Amounts payable after more than one year17 | €167k | €160k | €154k | €147k | €139k | ▼ 4.9% |
| Financial debts170/4 | - | - | - | €147k | €139k | ▼ 4.9% |
| Amounts payable within one year42/48 | €38k | €53k | €39k | €64k | €54k | ▼ 16.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7k | €7k | ▲ 3.5% |
| Trade debts44 | €22k | €40k | €17k | €42k | €15k | ▼ 64.5% |
| Suppliers440/4 | - | - | - | €42k | €15k | ▼ 64.5% |
| Taxes, remuneration and social security45 | - | - | - | €16k | €27k | ▲ 75.4% |
| Taxes450/3 | - | - | - | €16k | €22k | ▲ 41.9% |
| Remuneration and social security454/9 | - | - | - | - | €5k | - |
| Other amounts payable47/48 | - | - | - | €143 | €5k | ▲ 3,046% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €4k | €15k | €15k | €-759 | ▼ 105% |
| + Depreciation and write-downs630 | €4k | €4k | €4k | €4k | €4k | = |
| Operating cash flow (approximation) | €7k | €8k | €19k | €19k | €3k | ▼ 81.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-650 | €0 | ▲ 100% |
| Change in cash | - | €-5 | €10k | €31k | €-27k | ▼ 188% |
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
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Weakest financial yearnet €-759
Net result drops to €-759, the lowest in the series.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €15k ▲267%
Operating result €26k, net result €15k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 51 days late
Financial 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, Wuustwezel · 3 establishment units since 2016
Ground area
1,663 m²
Building footprint
349 m²
Volume, LiDAR
2,484 m³
3 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
PRABH
since 20162.254.955.733
PRABH
since 20202.303.157.112
PRABH
since 20202.307.165.784
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053D0860/00G005 | Flanders | 710 m² | 1 · 120 m² | 10.3 m · 2 fl. |
| 11682G0448/00M014 | Flanders | 631 m² | 1 · 108 m² | 10.2 m · 3 fl. |
| 11053D0917/00K004 | Flanders | 321 m² | 1 · 121 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesWuustwezel2.254.955.733
Wuustwezel2.303.157.112
Wuustwezel2.307.165.784
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-07-2016
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.