QUICK SENSOR
InactiveQUICK SENSOR was declared bankrupt on 16-10-2012 (Rechtbank van koophandel te Antwerpen). The bankruptcy was closed for insufficient assets by judgment of 18-02-2020, published in the Belgian Official Gazette on 24-02-2020.
Summary
Inactive. The last annual accounts are for financial year 2011.
Overview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 19-07-2004 · bankruptcy closed on 18-02-2020
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2011
- Gross margin
- -€190,585
- Loss
- €263,479
- ▲ 38×
- Equity
- -€773,288
- ▼ 51.7%
- Total assets
- €295,139
- ▼ 69.9%
Turnover not published (abbreviated format)
Financials
Financials · financial year 2011, abbreviated format
Annual accounts 2011 filed on 27-09-2012 PDF all 7 filings
Equity
-€773,288▼ 51.7%
2010 · -€509,809
Total assets
€295,139▼ 69.9%
2010 · €980,799
Net result
-€263,479▼ 3,682%
2010 · -€6,967
Working capital
-€415,883
2010 · €5,016
Multi-year overview
2007 to 2011, 5 financial yearsOperating result
-€452,918
▼ 1,459%
2011
20072011
Net result
-€263,479
▼ 3,682%
2011
20072011
Equity
-€773,288
▼ 51.7%
2011
20072011
Total assets
€295,139
▼ 69.9%
2011
20072011
Debt
€1.1m
▼ 28.3%
2011
20072011
Working capital
-€415,883
2011
20072011
Staff (FTE)
no figure
2011
20072011
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008200920102011
Operating result-€0.3m--€0.9m▼ 174%-€0.1m▲ 87.3%-€0.03m▲ 75.2%-€0.5m▼ 1,459%
Net result-€0.4m--€1.0m▼ 180%-€0.2m▲ 80.6%-€0.007m▲ 96.4%-€0.3m▼ 3,682%
Equity€0.3m--€0.4m-€0.5m▼ 22.6%-€0.5m▼ 1.4%-€0.8m▼ 51.7%
Total assets€1.5m-€1.7m▲ 13.7%€1.1m▼ 37.3%€1.0m▼ 7.7%€0.3m▼ 69.9%
Debt€1.2m-€2.1m▲ 72.5%€1.6m▼ 25.6%€1.5m▼ 4.8%€1.1m▼ 28.3%
Working capital€0.6m-€0.2m▼ 58.3%-€0.1m€0.005m-€0.4m
Staff (FTE)2.5-3.1▲ 24.0%2▼ 35.5%
The operating result for 2011 is a loss of €452,918, larger than the loss of €29,058 in 2010.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €295,139
Fixed assets
€142,595 ▼ 36.5%
Current assets
€152,544 ▼ 79.8%
Equity and liabilities
Equity-€773,288
Debt€1.1m
Equity is negative. Debt (€1.1m) exceeds the balance-sheet total (€295,139).
Key figures and ratios
EBITDA
-€372,617▼
2010 · €78,203
Cash flow
-€183,178▼
2010 · €100,294
Solvency
-262.0%▼
2010 · -52.0%
Current ratio
0.27▼
2010 · 1.01
Quick ratio
0.19▼
2010 · 0.50
ROA
-89.3%▼
2010 · -0.7%
Debt ≤ 1 year
€568,427▼
2010 · €751,113
Debt > 1 year
€500,000▼
2010 · €558,440
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,826 | €79,884 | €106,060 | €107,261 | €80,301 | ▼ 25.1% |
| Gross operating margin9900 | -€106,045 | -€628,335 | €145,118 | €78,959 | -€190,585 | - |
| Operating profit (loss)9901 | -€337,658 | -€926,062 | -€117,314 | -€29,058 | -€452,918 | ▼ 1,459% |
| Recurring financial income75 | €418 | €229 | €320 | - | - | - |
| Recurring financial charges65 | €17,969 | €69,161 | €75,854 | €49,881 | €19,858 | ▼ 60.2% |
| Profit (loss) for the period before taxes9903 | -€355,209 | -€994,994 | -€192,848 | -€6,967 | -€263,479 | ▼ 3,682% |
| Income taxes67/77 | - | €1 | - | - | - | - |
| Profit (loss) for the period9904 | -€355,209 | -€994,995 | -€192,848 | -€6,967 | -€263,479 | ▼ 3,682% |
| Profit (loss) for the period to be appropriated9905 | -€355,209 | -€994,995 | -€192,848 | -€78,940 | -€514,311 | ▼ 552% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.7m | €1.1m | €1.0m | €0.3m | ▼ 69.9% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | ▼ 36.5% |
| Intangible fixed assets21 | €0.3m | €0.2m | €0.3m | €0.2m | €0.1m | ▼ 34.9% |
| Tangible fixed assets22/27 | €0.06m | €0.08m | €0.07m | €0.04m | €0.02m | ▼ 41.2% |
| Financial fixed assets28 | - | - | €0.002m | €0.002m | - | - |
| Current assets29/58 | €1.2m | €1.4m | €0.7m | €0.8m | €0.2m | ▼ 79.8% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.4m | €0.4m | €0.04m | ▼ 88.3% |
| Amounts receivable within one year40/41 | €0.6m | €1.0m | €0.4m | €0.4m | €0.1m | ▼ 70.3% |
| Cash at bank and in hand54/58 | €0.2m | €0.09m | €0.001m | €0.001m | €0.003m | ▲ 274% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.7m | €1.1m | €1.0m | €0.3m | ▼ 69.9% |
| Equity10/15 | €0.3m | -€0.4m | -€0.5m | -€0.5m | -€0.8m | ▼ 51.7% |
| Contributions10/11 | €0.7m | €1.0m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | - | - | - | €0.07m | €0.3m | ▲ 349% |
| Profit (loss) carried forward14 | -€0.4m | -€1.4m | -€1.6m | -€1.7m | -€2.2m | ▼ 30.8% |
| Amounts payable17/49 | €1.2m | €2.1m | €1.6m | €1.5m | €1.1m | ▼ 28.3% |
| Amounts payable after more than one year17 | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 10.5% |
| Amounts payable within one year42/48 | €0.6m | €1.2m | €0.8m | €0.8m | €0.6m | ▼ 24.3% |
| Trade debts44 | €0.5m | €0.7m | €0.3m | €0.3m | €0.2m | ▼ 26.8% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€355,209 | -€994,995 | -€192,848 | -€6,967 | -€263,479 | ▼ 3,682% |
| + Depreciation and write-downs630 | €66,826 | €79,884 | €106,060 | €107,261 | €80,301 | ▼ 25.1% |
| Operating cash flow (approximation) | -€288,382 | -€915,111 | -€86,788 | €100,294 | -€183,178 | - |
| Investment in fixed assets (approximation) | - | -€52,682 | -€152,490 | €0 | €1,774 | - |
| Change in cash | - | -€138,136 | -€85,791 | -€82 | €1,894 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2011 | abbreviated format | 27-09-2012 | 2012-59300325 | |
| 31-12-2010 | abbreviated format | 26-10-2011 | 2011-58900287 | |
| 31-12-2009 | abbreviated format | 10-05-2011 | 2011-10700361 | |
| 31-12-2008 | abbreviated format | 16-06-2009 | 2009-24300230 | |
| 31-12-2007 | abbreviated format | 22-07-2008 | 2008-46100194 | |
| 31-12-2006 | abbreviated format | 14-08-2007 | 2007-56500270 | |
| 31-12-2005 | abbreviated format | 29-09-2006 | 2006-82104273 |
Board & ownership
Directors
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Mr. Peeters Nick, Noorderlaan 98, 2030 Antwerpen-3 |
16-10-2012 → 18-02-2020 |
Owners and capital
Owners
Timeline
Acts, filings and financial milestones
2020
24-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Enterprise Court of Antwerp, Antwerp division · judgment of 18-02-2020
2012
22-10
Bankruptcy
Bankruptcy declared
Commercial Court of Antwerp · judgment of 16-10-2012
27-09
abbreviated format · 58 days late
2011
2009
16-06
abbreviated format · 45 days before the deadline
2008
31-12
Financial
Weakest financial yearnet -€994,995
The net result drops to -€994,995, the lowest from 2007 to 2011.
22-07
abbreviated format · 9 days before the deadline
2007
14-08
abbreviated format · 14 days late
2006
29-09
abbreviated format · 60 days late
2004
19-07
19 publications in the Belgian Official Gazette, the last on 22-10-2012
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
QUICK SENSOR is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2011
- Last registered office
- 'T Hoge 49, 8500 Kortrijkas published on 7 October 2011
- Legal form
- Public limited company
- First annual accounts
- financial year 2005