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QUI VIVE

Inactive
KBO/BCE: BE 0446.540.092

QUI VIVE was declared bankrupt on 14-03-2024 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed for insufficient assets by judgment of 24-04-2025, published in the Belgian State Gazette on 02-05-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-08-2021, 27 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
27 d late
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 2 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 3,244 in 2018 to EUR 22,826 in 2020.1 QUI VIVE was declared bankrupt on 14 March 2024; the bankruptcy was closed on 24 April 2025.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 21-03-2024
  3. 3Belgian State Gazette, 02-05-2025

Financials · fiscal year 2020, micro schema

Equity
€9,830
2019 · -€12,683
Total assets
€22,826▲ 538%
2019 · €3,578
Net result
€22,513▲ 426%
2019 · €4,280
Working capital
€6,830
2019 · -€15,683
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
Line201820192020
Operating result-€1,688-€4,529€22,742▲ 402%
Net result-€1,981-€4,280€22,513▲ 426%
Equity-€16,963--€12,683▲ 25.2%€9,830
Total assets€3,244-€3,578▲ 10.3%€22,826▲ 538%
Debt€20,207-€16,262▼ 19.5%€12,997▼ 20.1%
Working capital-€19,963--€15,683▲ 21.4%€6,830
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2018: -€1,688-€1,688Net result 2018: -€1,981-€1,981Operating result 2019: €4,529€4,529Net result 2019: €4,280€4,280Operating result 2020: €22,742€22,742Net result 2020: €22,513€22,513201820192020-€10,000€0€10,000€20,000Operating result 2018: -€1,688-€1,690Net result 2018: -€1,981-€1,980Operating result 2019: €4,529€4,530Net result 2019: €4,280€4,280Operating result 2020: €22,742€22,700Net result 2020: €22,513€22,500201820192020
The operating result has risen two years in a row; 2020 is 402% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €22,826
Fixed assets €3,000 =
Current assets €19,826 ▲ 3,328%
Equity and liabilities €22,826
Equity €9,830
Debt €12,997
Debt finances 56.9% of the balance-sheet total.
Key figures and ratios
2020 value · change against 2019
Current ratio
1.53
ROE
229.0%
ROA
98.6%
Debt ≤ 1 year
€12,997▼
2019 · €16,262
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 19 lines
Balance sheet Code20192020
Assets
Total assets20/58€3,578€22,826▲
Fixed assets21/28€3,000€3,000=
Financial fixed assets28€3,000€3,000=
Current assets29/58€578€19,826▲
Amounts receivable within one year40/41€203€19,657▲
Cash at bank and in hand54/58€375€170▼
Equity and liabilities
Total equity and liabilities10/49€3,578€22,826▲
Equity10/15-€12,683€9,830▲
Contributions10/11€18,592-
Profit (loss) carried forward14-€31,275-€8,762▲
Amounts payable17/49€16,262€12,997▼
Amounts payable within one year42/48€16,262€12,997▼
Trade debts44€9,279€12,303▲
Income statement Code20192020
Gross operating margin9900€5,209€22,861▲
Operating profit (loss)9901€4,529€22,742▲
Recurring financial charges65€249€229▼
Profit (loss) for the period before taxes9903€4,280€22,513▲
Profit (loss) for the period9904€4,280€22,513▲
Profit (loss) for the period to be appropriated9905€4,280€22,513▲
Line201820192020Change
Gross operating margin9900-€1,010€5,209€22,861▲ 339%
Operating profit (loss)9901-€1,688€4,529€22,742▲ 402%
Recurring financial charges65€294€249€229▼ 8.1%
Profit (loss) for the period before taxes9903-€1,981€4,280€22,513▲ 426%
Profit (loss) for the period9904-€1,981€4,280€22,513▲ 426%
Profit (loss) for the period to be appropriated9905-€1,981€4,280€22,513▲ 426%
Line201820192020Change
Assets
Total assets20/58€3,244€3,578€22,826▲ 538%
Fixed assets21/28€3,000€3,000€3,000=
Financial fixed assets28€3,000€3,000€3,000=
Current assets29/58€244€578€19,826▲ 3,328%
Amounts receivable within one year40/41-€203€19,657▲ 9,562%
Cash at bank and in hand54/58€244€375€170▼ 54.7%
Equity and liabilities
Total equity and liabilities10/49€3,244€3,578€22,826▲ 538%
Equity10/15-€16,963-€12,683€9,830▲ 178%
Contributions10/11€18,592€18,592--
Profit (loss) carried forward14-€35,555-€31,275-€8,762▲ 72.0%
Amounts payable17/49€20,207€16,262€12,997▼ 20.1%
Amounts payable within one year42/48€20,207€16,262€12,997▼ 20.1%
Trade debts44€8,889€9,279€12,303▲ 32.6%
Line201820192020Change
Profit (loss) for the period9904-€1,981€4,280€22,513▲ 426%
Operating cash flow (approximation)-€1,981€4,280€22,513▲ 426%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€131-€205▼ 256%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-05
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 24-04-2025
2024
21-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 14-03-2024
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Highest result since 2018net €22,513 ▲426%
Operating result €22,742, net result €22,513, both a record.
31-12
Financial Liquidity times 43current ratio 1.53
Current ratio from 0.04 to 1.53; short-term debt falls from €16,262 to €12,997.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €4,280
Net result €4,280 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
Show earlier events
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
04-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
28-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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 JORIS DE SMET
BRUUL 27, 9630 ZWALM-
14-03-2024 → 24-04-2025