SINCOSTURA
InactiveSINCOSTURA was declared bankrupt on 30-09-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 29-10-2024, published in the Belgian State Gazette on 05-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
23 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€131k▲ 8.2%
2019 · €121k
2018: €93k
2019: €121k
2018 → 2020
Total assets
€207k▲ 0.6%
2019 · €206k
2018: €141k
2019: €206k
2018 → 2020
Net result
€10k▼ 64.5%
2019 · €28k
2018: €2k
2019: €28k
2018 → 2020
Working capital
€129k▲ 6.6%
2019 · €121k
2018: €93k
2019: €121k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€93k-€121k▲ 30.0%€131k▲ 8.2%
Operating result€22k-€46k▲ 111%€-5k
Net result€2k-€28k▲ 1,352%€10k▼ 64.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €5k after €46k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €207k
Fixed assets
€2k
Current assets
€205k
Equity and liabilities €207k
Equity
€131k ▲ 8.2%
Debt
€76k ▼ 10.3%
Debt's share of the balance-sheet total falls from 41.4% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.68▲
2019 · 2.42
Quick ratio
2.42▲
2019 · 2.42
ROE
7.6%▼
2019 · 23.1%
ROA
4.8%▼
2019 · 13.5%
Debt ≤ 1 year
€76k▼
2019 · €85k
Income taxes
€-19k▼
2019 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 21 lines
Balance sheet
Code20192020
Assets
Total assets20/58€206k€207k▲
Fixed assets21/28-€2k
Financial fixed assets28-€2k
Current assets29/58€206k€205k▼
Stocks and contracts in progress3-€20k
Amounts receivable within one year40/41€206k€185k▼
Equity and liabilities
Total equity and liabilities10/49€206k€207k▲
Equity10/15€121k€131k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€114k€124k▲
Amounts payable17/49€85k€76k▼
Amounts payable within one year42/48€85k€76k▼
Trade debts44€27k€148▼
Income statement
Code20192020
Gross operating margin9900€46k€-4k▼
Operating profit (loss)9901€46k€-5k▼
Recurring financial income75€8k€299▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€48k€-9k▼
Income taxes67/77€20k€-19k▼
Profit (loss) for the period9904€28k€10k▼
Profit (loss) for the period to be appropriated9905€28k€10k▼
Timeline · acts, filings and financial milestones
2024
05-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SINCOSTURA BV HERENTALSEBAAN 124, 2160 WOMMELGEM · event 29-10-2024
2021
06-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SINCOSTURA BV HERENTAL- SEBAAN 124, 2160 WOMMELGEM · event 30-09-2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
23-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 23 days late
2019
31-12
Financial
Highest result since 2018net €28k ▲1352%
Operating result €46k, net result €28k, both a record.
31-12
Financial
Equity above €100kEq €121k ▲30%
2 profitable years in a row build equity to €121k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
27-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 27 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
14-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 14 days late
2013
18-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 18 days late
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 | TOON BRAWERS JUSTITIESTRAAT 27 BUS 12, 2018 -
ANTWERPEN |
30-09-2021 → 29-10-2024 |