PURFACTION
InactivePURFACTION was declared bankrupt on 20-06-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 18-09-2023, published in the Belgian State Gazette on 25-09-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 17-07-2018, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Equity
€26k▼ 7.2%
2016 · €28k
2014: €30k
2015: €46k
2016: €28k
2014 → 2017
Total assets
€33k▼ 22.4%
2016 · €42k
2014: €80k
2015: €81k
2016: €42k
2014 → 2017
Net result
€-2k▲ 89.1%
2016 · €-18k
2014: €24k
2015: €15k
2016: €-18k
2014 → 2017
Working capital
€27k▲ 19.2%
2016 · €23k
2014: €22k
2015: €40k
2016: €23k
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162017Trend
Equity€30k-€46k▲ 51.2%€28k▼ 39.6%€26k▼ 7.2%
Operating result€37k-€25k▼ 31.1%€-17k€-2k▲ 85.9%
Net result€24k-€15k▼ 35.6%€-18k€-2k▲ 89.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2017 against €17k in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €33k
Fixed assets
€380▼ 94.4%
Current assets
€32k▼ 8.7%
Equity and liabilities €33k
Equity
€26k▼ 7.2%
Provisions
€2k=
Debt
€5k▼ 59.6%
The debt ratio falls from 29.7% to 15.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▲
2016 · €-12k
Cash flow
€-2k▲
2016 · €-13k
Solvency
78.4%▲
2016 · 65.6%
Current ratio
6.41▲
2016 · 2.83
Quick ratio
4.52▲
2016 · 1.80
ROE
-7.7%▲
2016 · -65.5%
ROA
-6.1%▲
2016 · -43.0%
Debt
€5k▼
2016 · €12k
Debt ≤ 1 year
€5k▼
2016 · €12k
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€42k€33k▼
Fixed assets21/28€7k€380▼
Tangible fixed assets22/27€7k€380▼
Current assets29/58€35k€32k▼
Stocks and contracts in progress3€13k€9k▼
Amounts receivable within one year40/41€12k€17k▲
Current investments50/53-€6k
Cash at bank and in hand54/58€11k-
Equity and liabilities
Total equity and liabilities10/49€42k€33k▼
Equity10/15€28k€26k▼
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Profit (loss) carried forward14€4k€2k▼
Provisions and deferred taxes16€2k€2k=
Amounts payable17/49€12k€5k▼
Amounts payable within one year42/48€12k€5k▼
Trade debts44€949€1▼
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€237▼
Gross operating margin9900€-11k€-1k▲
Operating profit (loss)9901€-17k€-2k▲
Recurring financial income75€50€22▼
Recurring financial charges65€767€449▼
Profit (loss) for the period before taxes9903€-18k€-2k▲
Income taxes67/77€60-
Profit (loss) for the period9904€-18k€-2k▲
Profit (loss) for the period to be appropriated9905€-18k€-2k▲
Timeline · acts, filings and financial milestones
2023
25-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · PURFACTION BV DIJLEWEG 10, 2820 RIJMENAM · event 18-09-2023
2022
24-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · PURFACTION BV DIJLEWEG 10, 2820 RIJMENAM · event 20-06-2022
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-12
Financial
Liquidity doublescurrent ratio 6.41
Current ratio from 2.83 to 6.41; short-term debt falls from €12k to €5k.
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial
Weakest financial yearnet €-18k ▼217%
Net result drops to €-18k, the lowest in the series.
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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 | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
20-06-2022 → present |