SEDITEC COATING
InactiveSEDITEC COATING was declared bankrupt on 28-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 20-09-2022, published in the Belgian State Gazette on 26-09-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 20-07-2018, 11 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Turnover
€100
EBIT margin
-11090.0%
Net result
€-59k
2016 · €17k
2013: €-11k
2014: €-1k
2015: €-794
2016: €17k
2013 → 2017
Working capital
€-44k
2016 · €3k
2013: €-5k
2014: €-6k
2016: €3k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Turnover€100-
Equity€-5k-€-6k▼ 21.8%€-7k▼ 13.3%€11k€-36k
Operating result€-11k-€-970▲ 91.3%€-1k▼ 24.7%€28k€-54k
Net result€-11k-€-1k▲ 90.4%€-794▲ 25.4%€17k€-59k
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 2017: a loss of €54k after €28k in 2016, the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €35k
Fixed assets
€29k▼ 25.0%
Current assets
€7k▼ 87.7%
Key figures and ratios
EBITDA
€-45k▼
2016 · €37k
Cash flow
€-49k▼
2016 · €27k
Solvency
-102.2%▼
2016 · 11.4%
Current ratio
0.13▼
2016 · 1.06
Quick ratio
0.13▼
2016 · 1.06
Debt / equity
-0.59▼
2016 · 2.89
ROA
-167.2%▼
2016 · 18.7%
Debt
€71k▼
2016 · €82k
Debt ≤ 1 year
€50k▼
2016 · €51k
Debt > 1 year
€21k▼
2016 · €30k
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€92k€35k▼
Fixed assets21/28€38k€29k▼
Tangible fixed assets22/27€38k€29k▼
Current assets29/58€54k€7k▼
Amounts receivable within one year40/41€54k€6k▼
Cash at bank and in hand54/58€10€10▼
Equity and liabilities
Total equity and liabilities10/49€92k€35k▼
Equity10/15€11k€-36k▼
Contributions10/11€6k€19k▲
Reserves13€4k€4k=
Profit (loss) carried forward14€-12k€-59k▼
Amounts payable17/49€82k€71k▼
Amounts payable after more than one year17€30k€21k▼
Amounts payable within one year42/48€51k€50k▼
Trade debts44€6k€6k▲
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Gross operating margin9900€39k€-42k▼
Operating profit (loss)9901€28k€-54k▼
Recurring financial income75€131€0▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€23k€-59k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€17k€-59k▼
Profit (loss) for the period to be appropriated9905€17k€-59k▼
Timeline · acts, filings and financial milestones
2022
26-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SEDITEC COATING BV NOORDERLAAN 147/9, 2030 ANTWERPEN 3 · event 20-09-2022
2021
08-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SEDITEC COATING BV NOORDERLAAN 147/9, 2030 ANTWERPEN 3 · event 28-10-2021
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-12
Financial
Weakest financial yearnet €-59k ▼441%
Net result drops to €-59k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
11-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 42 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | JOOST PEETERS HAANTJESLEI 69A,
2018 ANTWERPEN 1 |
28-10-2021 → present |