SERHAD DONER
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-11-2020, 118 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 · 1 filingDeviation from the deadline
2019
118 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 118 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, micro schema
Equity
-€83,171
Total assets
€140,344
Net result
-€95,571
Working capital
-€96,021
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €140,344
Fixed assets
€12,850
Current assets
€127,494
Equity and liabilities
Equity-€83,171
Debt€223,515
Equity is negative: debt (€223,515) exceeds the balance-sheet total (€140,344).
Key figures and ratios
EBITDA
-€88,217
Cash flow
-€93,621
Solvency
-59.3%
Current ratio
0.57
Quick ratio
0.32
ROA
-68.1%
Debt
€223,515
Debt ≤ 1 year
€223,515
Annual accounts
| Line | 2019 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,950 |
| Gross operating margin9900 | -€47,937 |
| Operating profit (loss)9901 | -€90,167 |
| Recurring financial income75 | €14 |
| Recurring financial charges65 | €5,419 |
| Profit (loss) for the period before taxes9903 | -€95,571 |
| Profit (loss) for the period9904 | -€95,571 |
| Profit (loss) for the period to be appropriated9905 | -€95,571 |
| Line | 2019 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €140,344 | |
| Fixed assets21/28 | €12,850 | |
| Tangible fixed assets22/27 | €11,050 | |
| Financial fixed assets28 | €1,800 | |
| Current assets29/58 | €127,494 | |
| Stocks and contracts in progress3 | €56,082 | |
| Amounts receivable within one year40/41 | €54,811 | |
| Cash at bank and in hand54/58 | €16,601 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €140,344 | |
| Equity10/15 | -€83,171 | |
| Contributions10/11 | €12,400 | |
| Profit (loss) carried forward14 | -€95,571 | |
| Amounts payable17/49 | €223,515 | |
| Amounts payable within one year42/48 | €223,515 | |
| Trade debts44 | €200,411 | |
| Line | 2019 |
|---|---|
| Profit (loss) for the period9904 | -€95,571 |
| + Depreciation and write-downs630 | €1,950 |
| Operating cash flow (approximation) | -€93,621 |
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
19-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de EUPEN · event 11-12-2025
2022
15-06
Bankruptcy
Opening
Tribunal de l’entreprise de EUPEN · event 09-06-2022
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EDGAR DUYSTER Vervierser Strasse 10, 4700 Eupen |
09-06-2022 → 11-12-2025 |