ROSE NIGHT SHOP
Open bankruptcyA bankruptcy procedure is open for ROSE NIGHT SHOP according to publications in the Belgian State Gazette; curator: PETER VERSTRAETEN.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four 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 · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 11-04-2023, 254 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
254 d late
2020
131 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€238k▼ 30.5%
2020 · €343k
2018: €415k
2019: €503k
2020: €343k
2018 → 2021
EBIT margin
0.5%▼ 10.1pp
2020 · 10.6%
2018: 0.7%
2019: 1.3%
2020: 10.6%
2018 → 2021
Net result
€-5k
2020 · €35k
2018: €94
2019: €3k
2020: €35k
2018 → 2021
Working capital
€56k▼ 8.5%
2020 · €61k
2018: €18k
2019: €22k
2020: €61k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€415k-€503k▲ 21.1%€343k▼ 31.8%€238k▼ 30.5%
Equity€25k-€29k▲ 12.7%€63k▲ 122%€58k▼ 8.1%
Operating result€3k-€6k▲ 133%€36k▲ 469%€1k▼ 97.0%
Net result€94-€3k▲ 3,316%€35k▲ 981%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 97% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €345k
Fixed assets
€3k=
Current assets
€342k▲ 314%
Equity and liabilities €345k
Equity
€58k▼ 8.1%
Debt
€286k▲ 1,206%
The debt ratio rises from 25.7% to 83.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
16.9%▼
2020 · 74.3%
Current ratio
1.19▼
2020 · 3.77
Quick ratio
1.05▼
2020 · 2.99
Debt / equity
4.92
ROE
-8.9%▼
2020 · 54.9%
ROA
-1.5%▼
2020 · 40.8%
Debt
€286k▲
2020 · €22k
Debt ≤ 1 year
€286k▲
2020 · €22k
Income taxes
€6k▲
2020 · €688
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€85k€345k▲
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€83k€342k▲
Stocks and contracts in progress3€17k€42k▲
Stocks30/36-€42k
Amounts receivable within one year40/41€59k€276k▲
Trade receivables40-€272k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€6k€24k▲
Equity and liabilities
Total equity and liabilities10/49€85k€345k▲
Equity10/15€63k€58k▼
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€43k€38k▼
Amounts payable17/49€22k€286k▲
Amounts payable within one year42/48€22k€286k▲
Trade debts44€2k€284k▲
Suppliers440/4-€284k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Income statement
Code20202021
Turnover70€343k€238k▼
Goods, raw materials, services and sundry goods60/61-€262k
Other operating charges640/8-€1k
Gross operating margin9900€53k€3k▼
Operating profit (loss)9901€36k€1k▼
Financial charges65/66B-€652
Recurring financial charges65€795€652▼
Profit (loss) for the period before taxes9903€35k€430▼
Income taxes67/77€688€6k▲
Profit (loss) for the period9904€35k€-5k▼
Profit (loss) for the period to be appropriated9905€35k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€38k
Profit (loss) brought forward from the previous period14P-€43k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
20-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ROSE NIGHT SHOP BV QTATIONSSTRAAT 4/2, 2910 ESSEN · event 14-09-2023
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 254 days late
2021
31-12
Financial
Weakest financial yearnet €-5k ▼115%
Net result drops to €-5k, the lowest in the series.
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 131 days late
2020
31-12
Financial
Highest result since 2018net €35k ▲981%
Operating result €36k, net result €35k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.77
Current ratio from 1.27 to 3.77; short-term debt falls from €82k to €22k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
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 | PETER VERSTRAETEN DESGUINLEI 214,
2018 ANTWERPEN 1 |
14-09-2023 → present |