QUADRISUN
InactiveQUADRISUN was declared bankrupt on 18-10-2022 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed by liquidation by judgment of 11-03-2025, published in the Belgian State Gazette on 17-03-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three 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 30-06-2022, 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 · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 03-01-2022, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
28 d early
2020
41 d early
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 37 days before 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)
History
Financials · fiscal year 2021, micro schema
Equity
-€30,215=
2020 · -€30,215
Total assets
€12,208=
2020 · €12,208
Net result
-€1,007▲ 18.1%
2019 · -€1,229
Working capital
-€30,215=
2020 · -€30,215
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
Line201920202021
Operating result-€1,096--€873▲ 20.4%
Net result-€1,229--€1,007▲ 18.1%
Equity-€29,208--€30,215▼ 3.4%-€30,215=
Total assets€11,590-€12,208▲ 5.3%€12,208=
Debt€40,798-€42,424▲ 4.0%€42,424=
Working capital-€29,208--€30,215▼ 3.4%-€30,215=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €873 in 2020 against €1,096 in 2019; the loss shrinks.
Key figures and ratios
Solvency
-247.5%=
2020 · -247.5%
Current ratio
0.29=
2020 · 0.29
Debt ≤ 1 year
€42,424=
2020 · €42,424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | -€821 | -€298 | - | - |
| Operating profit (loss)9901 | -€1,096 | -€873 | - | - |
| Recurring financial charges65 | €133 | €135 | - | - |
| Profit (loss) for the period before taxes9903 | -€1,229 | -€1,007 | - | - |
| Profit (loss) for the period9904 | -€1,229 | -€1,007 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,229 | -€1,007 | - | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €11,590 | €12,208 | €12,208 | = |
| Current assets29/58 | €11,590 | €12,208 | €12,208 | = |
| Amounts receivable within one year40/41 | €9,482 | €9,482 | €9,482 | = |
| Cash at bank and in hand54/58 | €2,108 | €2,727 | €2,727 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €11,590 | €12,208 | €12,208 | = |
| Equity10/15 | -€29,208 | -€30,215 | -€30,215 | = |
| Contributions10/11 | €20,000 | - | - | - |
| Reserves13 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€51,208 | -€52,215 | -€52,215 | = |
| Amounts payable17/49 | €40,798 | €42,424 | €42,424 | = |
| Amounts payable within one year42/48 | €40,798 | €42,424 | €42,424 | = |
| Trade debts44 | €23,731 | €23,731 | €23,731 | = |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,229 | -€1,007 | - | - |
| Operating cash flow (approximation) | -€1,229 | -€1,007 | - | - |
| Change in cash | - | €618 | €0 | ▼ 100% |
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
2025
17-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 11-03-2025
2022
24-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 18-10-2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
10-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
03-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
15-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 | ELISA DECOSTERE ROESELAARSESTRAAT 55 A,
8850 ARDOOIE |
18-10-2022 → 11-03-2025 |