S.B.S.
InactiveS.B.S. was declared bankrupt on 06-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-01-2024, published in the Belgian State Gazette on 22-01-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
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 30-06-2022, 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 · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 13-01-2022, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
18 d early
2020
24 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 22 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)
History
Financials · fiscal year 2021, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€45,616▼ 287%
2020 · -€11,794
Total assets
€198,253▼ 8.6%
2020 · €216,844
Net result
-€33,822
2020 · €772
Working capital
-€113,396▼ 28.9%
2020 · -€87,992
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
Line201920202021
Operating result€16,261-€12,677▼ 22.0%-€24,264
Net result€1,952-€772▼ 60.5%-€33,822
Equity-€14,518--€11,794▲ 18.8%-€45,616▼ 287%
Total assets€272,818-€216,844▼ 20.5%€198,253▼ 8.6%
Debt€285,384-€228,638▼ 19.9%€243,869▲ 6.7%
Working capital-€105,230--€87,992▲ 16.4%-€113,396▼ 28.9%
Staff (FTE)4-3.9▼ 2.5%3.7▼ 5.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €24,264 after €12,677 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €198,253
Fixed assets
€70,864 ▼ 7.6%
Current assets
€127,389 ▼ 9.1%
Key figures and ratios
EBITDA
-€7,362▼
2020 · €32,277
Cash flow
-€16,920▼
2020 · €20,372
Solvency
-23.0%▼
2020 · -5.4%
Current ratio
0.53▼
2020 · 0.61
Quick ratio
0.15▼
2020 · 0.17
ROA
-17.1%▼
2020 · 0.4%
Debt ≤ 1 year
€240,785▲
2020 · €228,122
Income taxes
€264▲
2020 · -€15
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,054 | €19,601 | €16,902 | ▼ 13.8% |
| Gross operating margin9900 | €157,673 | €156,302 | €116,477 | ▼ 25.5% |
| Operating profit (loss)9901 | €16,261 | €12,677 | -€24,264 | ▼ 291% |
| Recurring financial income75 | €268 | €304 | €379 | ▲ 24.6% |
| Recurring financial charges65 | €13,379 | €12,224 | €9,673 | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | €4,205 | €756 | -€33,558 | ▼ 4,536% |
| Income taxes67/77 | €2,253 | -€15 | €264 | ▲ 1,847% |
| Profit (loss) for the period9904 | €1,952 | €772 | -€33,822 | ▼ 4,484% |
| Profit (loss) for the period to be appropriated9905 | €1,952 | €772 | -€33,822 | ▼ 4,484% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €272,818 | €216,844 | €198,253 | ▼ 8.6% |
| Formation expenses20 | €0 | - | - | - |
| Fixed assets21/28 | €112,471 | €76,715 | €70,864 | ▼ 7.6% |
| Intangible fixed assets21 | €99,308 | €71,274 | €57,258 | ▼ 19.7% |
| Tangible fixed assets22/27 | €12,668 | €4,945 | €13,111 | ▲ 165% |
| Financial fixed assets28 | €495 | €495 | €495 | = |
| Current assets29/58 | €180,154 | €140,130 | €127,389 | ▼ 9.1% |
| Stocks and contracts in progress3 | €102,232 | €102,106 | €91,863 | ▼ 10.0% |
| Amounts receivable within one year40/41 | €38,688 | €9,522 | €10,240 | ▲ 7.5% |
| Current investments50/53 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €37,493 | €22,515 | €22,646 | ▲ 0.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €272,818 | €216,844 | €198,253 | ▼ 8.6% |
| Equity10/15 | -€14,518 | -€11,794 | -€45,616 | ▼ 287% |
| Contributions10/11 | €18,600 | €0 | - | - |
| Profit (loss) carried forward14 | -€33,815 | -€30,394 | -€64,216 | ▼ 111% |
| Amounts payable17/49 | €285,384 | €228,638 | €243,869 | ▲ 6.7% |
| Amounts payable within one year42/48 | €285,384 | €228,122 | €240,785 | ▲ 5.6% |
| Trade debts44 | €269,085 | €218,209 | €228,376 | ▲ 4.7% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,952 | €772 | -€33,822 | ▼ 4,484% |
| + Depreciation and write-downs630 | €22,054 | €19,601 | €16,902 | ▼ 13.8% |
| Operating cash flow (approximation) | €24,006 | €20,372 | -€16,920 | ▼ 183% |
| Investment in fixed assets (approximation) | - | €16,155 | -€11,051 | ▼ 168% |
| Change in cash | - | -€14,977 | €130 | ▲ 101% |
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
2024
22-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-01-2024
2022
12-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-10-2022
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet -€33,822
Net result drops to -€33,822, the lowest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
14-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 14 days late
2013
31-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 | JAN BERGMANS EIKENSTRAAT 80, 2840 RUMST- |
06-10-2022 → 16-01-2024 |