SIWAK
InactiveSIWAK was declared bankrupt on 25-10-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 24-01-2023, published in the Belgian State Gazette on 31-01-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 29-10-2020, 90 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Turnover
€73k
EBIT margin
-9.5%
Net result
€-3k▲ 52.2%
2018 · €-7k
2018: €-7k
2018 → 2019
Working capital
€-14k▼ 32.3%
2018 · €-10k
2018: €-10k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€73k-
Equity€-10k-€-13k▼ 34.3%
Operating result€-7k-€-3k▲ 53.0%
Net result€-7k-€-3k▲ 52.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2019 against €7k in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €6k
Fixed assets
€600 =
Current assets
€5k ▲ 11.4%
Key figures and ratios
Solvency
-218.6%▼
2018 · -179.2%
Current ratio
0.28▼
2018 · 0.32
Quick ratio
0.07▲
2018 · 0.00
ROA
-55.8%▲
2018 · -128.7%
Debt
€19k▲
2018 · €15k
Debt ≤ 1 year
€19k▲
2018 · €15k
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 · 2019 against 2018 · 21 lines
Balance sheet
Code20182019
Assets
Total assets20/58€5k€6k▲
Fixed assets21/28€600€600=
Financial fixed assets28€600€600=
Current assets29/58€5k€5k▲
Stocks and contracts in progress3€5k€4k▼
Amounts receivable within one year40/41-€779
Cash at bank and in hand54/58€29€68▲
Equity and liabilities
Total equity and liabilities10/49€5k€6k▲
Equity10/15€-10k€-13k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-29k€-32k▼
Amounts payable17/49€15k€19k▲
Amounts payable within one year42/48€15k€19k▲
Trade debts44-€6k
Income statement
Code20182019
Turnover70€73k-
Gross operating margin9900€9k€17k▲
Operating profit (loss)9901€-7k€-3k▲
Recurring financial charges65€30€68▲
Profit (loss) for the period before taxes9903€-7k€-3k▲
Profit (loss) for the period9904€-7k€-3k▲
Profit (loss) for the period to be appropriated9905€-7k€-3k▲
Timeline · acts, filings and financial milestones
2023
31-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SIWAK SRL RUE DE L’INDEPENDANCE 33A, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 25 octobre 2021 · event 24-01-2023
2021
05-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SIWAK SRL RUE DE L’INDEPEN- DANCE 33A, 1080 MOLENBEEK-SAINT-JEAN · event 25-10-2021
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 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
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2011
31-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 31 days late
SignalNBB filing
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
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 | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 BRUXELLES 4 |
25-10-2021 → 24-01-2023 |