RONVAUX
InactiveSignals
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 31-12-2022, 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 · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-07-2022, 26 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2023
not filed
2022
not filed
2021
26 d early
2020
18 d late
2019
68 d late
2018
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 22 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Turnover
€39,193
EBIT margin
-161.2%
Net result
-€8,479
2020 · €31,093
Working capital
€3,857
2020 · -€2,549
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€39,193-
Operating result-€63,164--€29,493▲ 53.3%€33,092-€6,060
Net result-€64,465--€34,270▲ 46.8%€31,093-€8,479
EBIT margin-161.2%-
Equity-€44,465--€78,735▼ 77.1%-€47,643▲ 39.5%-€56,121▼ 17.8%
Total assets€74,701-€63,727▼ 14.7%€69,373▲ 8.9%€52,516▼ 24.3%
Debt€119,166-€142,463▲ 19.5%€117,015▼ 17.9%€108,637▼ 7.2%
Working capital-€47,335--€21,368▲ 54.9%-€2,549▲ 88.1%€3,857
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €6,060 after €33,092 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €52,025
Fixed assets
€20,063 ▼ 52.1%
Current assets
€31,962 ▲ 20.4%
Equity and liabilities
Equity-€56,121
Debt€108,637
Equity is negative: debt (€108,637) exceeds the balance-sheet total (€52,516).
Key figures and ratios
EBITDA
€3,911▼
2020 · €42,588
Cash flow
€1,492▼
2020 · €40,590
Solvency
-106.9%▼
2020 · -68.7%
Current ratio
1.14▲
2020 · 0.91
ROA
-16.1%▼
2020 · 44.8%
Interest coverage
1.60
Debt ≤ 1 year
€28,106▼
2020 · €29,089
Debt > 1 year
€80,531▼
2020 · €87,926
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €39,193 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,051 | €9,289 | €9,497 | €9,971 | ▲ 5.0% |
| Other operating charges640/8 | - | - | - | €489 | - |
| Gross operating margin9900 | -€49,671 | -€13,551 | €58,344 | €4,400 | ▼ 92.5% |
| Operating profit (loss)9901 | -€63,164 | -€29,493 | €33,092 | -€6,060 | ▼ 118% |
| Financial income75/76B | - | - | - | €26 | - |
| Recurring financial income75 | - | - | - | €26 | - |
| Financial charges65/66B | - | - | - | €2,445 | - |
| Recurring financial charges65 | €1,301 | €6,990 | €1,999 | €2,445 | ▲ 22.3% |
| Profit (loss) for the period before taxes9903 | -€64,465 | -€34,270 | €31,093 | -€8,479 | ▼ 127% |
| Profit (loss) for the period9904 | -€64,465 | -€34,270 | €31,093 | -€8,479 | ▼ 127% |
| Profit (loss) for the period to be appropriated9905 | -€64,465 | -€34,270 | €31,093 | -€8,479 | ▼ 127% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €74,701 | €63,727 | €69,373 | €52,516 | ▼ 24.3% |
| Formation expenses20 | €1,963 | €1,472 | €981 | €491 | ▼ 50.0% |
| Fixed assets21/28 | €52,783 | €48,937 | €41,851 | €20,063 | ▼ 52.1% |
| Intangible fixed assets21 | €990 | €880 | €770 | €660 | ▼ 14.3% |
| Tangible fixed assets22/27 | €38,293 | €34,557 | €27,581 | €19,099 | ▼ 30.8% |
| Plant, machinery and equipment23 | - | - | - | €16,782 | - |
| Furniture and vehicles24 | - | - | - | €2,317 | - |
| Financial fixed assets28 | €13,500 | €13,500 | €13,500 | €304 | ▼ 97.7% |
| Current assets29/58 | €19,955 | €13,318 | €26,540 | €31,962 | ▲ 20.4% |
| Amounts receivable within one year40/41 | €2,583 | €4,823 | €5,391 | €27,075 | ▲ 402% |
| Trade receivables40 | - | - | - | €12,565 | - |
| Other amounts receivable41 | - | - | - | €14,509 | - |
| Cash at bank and in hand54/58 | €3,872 | €1,495 | €21,150 | €4,888 | ▼ 76.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €74,701 | €63,727 | €69,373 | €52,516 | ▼ 24.3% |
| Equity10/15 | -€44,465 | -€78,735 | -€47,643 | -€56,121 | ▼ 17.8% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | - | - | €20,000 | - |
| Issued capital100 | - | - | - | €20,000 | - |
| Profit (loss) carried forward14 | -€64,465 | -€98,735 | -€67,643 | -€76,121 | ▼ 12.5% |
| Amounts payable17/49 | €119,166 | €142,463 | €117,015 | €108,637 | ▼ 7.2% |
| Amounts payable after more than one year17 | €51,876 | €107,757 | €87,926 | €80,531 | ▼ 8.4% |
| Financial debts170/4 | - | - | - | €80,531 | - |
| Amounts payable within one year42/48 | €67,290 | €34,686 | €29,089 | €28,106 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,123 | - |
| Trade debts44 | €4,912 | €8,330 | €8,386 | €3,256 | ▼ 61.2% |
| Suppliers440/4 | - | - | - | €3,256 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,716 | - |
| Taxes450/3 | - | - | - | €2,716 | - |
| Other amounts payable47/48 | - | - | - | €5,010 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€64,465 | -€34,270 | €31,093 | -€8,479 | ▼ 127% |
| + Depreciation and write-downs630 | €8,051 | €9,289 | €9,497 | €9,971 | ▲ 5.0% |
| Operating cash flow (approximation) | -€56,414 | -€24,982 | €40,590 | €1,492 | ▼ 96.3% |
| Investment in fixed assets (approximation) | - | -€5,443 | -€2,411 | €11,818 | ▲ 590% |
| Change in cash | - | -€2,377 | €19,655 | -€16,262 | ▼ 183% |
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
06-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Namur · event 01-10-2025
2024
20-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 12-12-2024
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €31,093
Net result €31,093 after 2 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CAROLINE CRAPPE Chaussee De Namur, 262/A, 5310 Eghezee |
12-12-2024 → 01-10-2025 |