RO-B
Open bankruptcyA bankruptcy procedure is open for RO-B according to publications in the Belgian State Gazette; curator: PATRICK VANHOUTVIN.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 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 20-08-2021, 20 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
20 d late
2019
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-19k▲ 25.4%
2019 · €-25k
2018: €-19k
2019: €-25k
2018 → 2020
Total assets
€14k▼ 68.5%
2019 · €43k
2018: €63k
2019: €43k
2018 → 2020
Net result
€6k
2019 · €-7k
2018: €-9k
2019: €-7k
2018 → 2020
Working capital
€-10k▲ 72.2%
2019 · €-35k
2018: €-33k
2019: €-35k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-19k-€-25k▼ 34.9%€-19k▲ 25.4%
Operating result€-5k-€-3k▲ 34.0%€11k
Net result€-9k-€-7k▲ 28.4%€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €11k after a loss of €3k in 2019, the highest result in the available series.
Key figures and ratios
EBITDA
€12k▲
2019 · €8k
Cash flow
€8k▲
2019 · €5k
Solvency
-139.4%▼
2019 · -58.8%
Current ratio
0.58▲
2019 · 0.34
Quick ratio
0.58▲
2019 · 0.34
Debt / equity
-0.48▲
2019 · -0.62
ROA
47.6%▲
2019 · -15.2%
Debt
€33k▼
2019 · €69k
Debt ≤ 1 year
€23k▼
2019 · €53k
Debt > 1 year
€9k▼
2019 · €16k
Income taxes
€2k▲
2019 · €598
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€43k€14k▼
Fixed assets21/28€26k-
Intangible fixed assets21€380-
Tangible fixed assets22/27€25k-
Current assets29/58€18k€14k▼
Amounts receivable within one year40/41€18k€7k▼
Cash at bank and in hand54/58€36€7k▲
Equity and liabilities
Total equity and liabilities10/49€43k€14k▼
Equity10/15€-25k€-19k▲
Contributions10/11€19k-
Profit (loss) carried forward14€-44k€-38k▲
Amounts payable17/49€69k€33k▼
Amounts payable after more than one year17€16k€9k▼
Amounts payable within one year42/48€53k€23k▼
Trade debts44€890€490▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€1k▼
Gross operating margin9900€10k€13k▲
Operating profit (loss)9901€-3k€11k▲
Recurring financial income75-€297
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-6k€9k▲
Income taxes67/77€598€2k▲
Profit (loss) for the period9904€-7k€6k▲
Profit (loss) for the period to be appropriated9905€-7k€6k▲
Timeline · acts, filings and financial milestones
2021
08-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · RO-B BV OUDE LUIKER- BAAN 47, 3500 HASSELT · event 28-10-2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
04-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 4 days late
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
14-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 14 days late
2012
09-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 | PATRICK VANHOUTVIN HENDRIK VAN VELDEKE-
SINGEL 150 BUS 4, 3500 HASSELT |
28-10-2021 → present |