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Skinloft

Open bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0701.908.430

A bankruptcy procedure is open for Skinloft according to publications in the Belgian Official Gazette; trustee: Silvy Sterckx.

Summary

The 2020 annual accounts show negative equity (-€160,195) and a net result of -€97,715.

SkinloftOpen bankruptcy

Financials · financial year 2020, abbreviated format

2020 annual accounts filed late (89 days) Filed on 28 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-74500574.

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€160,195▼ 156%
2019 · -€62,480
Total assets
€166,641=
2019 · €166,641
Net result
-€97,715▼ 20.5%
2019 · -€81,080
Working capital
-€145,732=
2019 · -€145,732
Trend over the years

2019 to 2020, 2 financial years

The operating result stays negative: a loss of €96,535 in 2020 against €79,079 in 2019; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€96,535 2020 Net result-€97,715 2020

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20192020
Operating result-€79,079--€96,535▼ 22.1%
Net result-€81,080--€97,715▼ 20.5%
Equity-€62,480--€160,195▼ 156%
Total assets€166,641-€166,641=
Debt€229,121-€229,121=
Working capital-€145,732--€145,732=
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €166,641
Fixed assets €158,065 =
Current assets €8,576 =
Equity and liabilities
Equity-€160,195
Debt€229,121
Equity is negative: debt (€229,121) exceeds the balance-sheet total (€166,641).
Key figures and ratios
2020 value · change against 2019
EBITDA
-€73,256▼
2019 · -€55,801
Cash flow
-€74,436▼
2019 · -€57,801
Solvency
-96.1%▼
2019 · -37.5%
Current ratio
0.06=
2019 · 0.06
Quick ratio
0.00=
2019 · 0.00
ROA
-58.6%▼
2019 · -48.7%
Debt ≤ 1 year
€154,308=
2019 · €154,308
Debt > 1 year
€74,813=
2019 · €74,813
Income taxes
€0=
2019 · €0
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 29 lines
Balance sheet Code20192020
Assets
Total assets20/58€166,641€166,641=
Formation expenses20€0€0=
Fixed assets21/28€158,065€158,065=
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€158,065€158,065=
Financial fixed assets28€0€0=
Current assets29/58€8,576€8,576=
Stocks and contracts in progress3€7,850€7,850=
Amounts receivable within one year40/41-€374
Current investments50/53€0€0=
Cash at bank and in hand54/58€726€726=
Equity and liabilities
Total equity and liabilities10/49€166,641€166,641=
Equity10/15-€62,480-€160,195▼
Contributions10/11€18,600-
Profit (loss) carried forward14-€81,080-€178,795▼
Amounts payable17/49€229,121€229,121=
Amounts payable after more than one year17€74,813€74,813=
Amounts payable within one year42/48€154,308€154,308=
Trade debts44€27,205€27,205=
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,279€23,279=
Gross operating margin9900-€54,903-€54,903=
Operating profit (loss)9901-€79,079-€96,535▼
Recurring financial income75€0€3▲
Recurring financial charges65€2,001€2,001=
Profit (loss) for the period before taxes9903-€81,080-€97,715▼
Income taxes67/77€0€0=
Profit (loss) for the period9904-€81,080-€97,715▼
Profit (loss) for the period to be appropriated9905-€81,080-€97,715▼
Appropriation of the result
Return on contributions (dividend)694€0€0=
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,279€23,279=
Gross operating margin9900-€54,903-€54,903=
Operating profit (loss)9901-€79,079-€96,535▼ 22.1%
Recurring financial income75€0€3▲ 9,533%
Recurring financial charges65€2,001€2,001=
Profit (loss) for the period before taxes9903-€81,080-€97,715▼ 20.5%
Income taxes67/77€0€0-
Profit (loss) for the period9904-€81,080-€97,715▼ 20.5%
Profit (loss) for the period to be appropriated9905-€81,080-€97,715▼ 20.5%
Line20192020Change
Assets
Total assets20/58€166,641€166,641=
Formation expenses20€0€0-
Fixed assets21/28€158,065€158,065=
Intangible fixed assets21€0€0-
Tangible fixed assets22/27€158,065€158,065=
Financial fixed assets28€0€0-
Current assets29/58€8,576€8,576=
Stocks and contracts in progress3€7,850€7,850=
Amounts receivable within one year40/41-€374-
Current investments50/53€0€0-
Cash at bank and in hand54/58€726€726=
Equity and liabilities
Total equity and liabilities10/49€166,641€166,641=
Equity10/15-€62,480-€160,195▼ 156%
Contributions10/11€18,600--
Profit (loss) carried forward14-€81,080-€178,795▼ 121%
Amounts payable17/49€229,121€229,121=
Amounts payable after more than one year17€74,813€74,813=
Amounts payable within one year42/48€154,308€154,308=
Trade debts44€27,205€27,205=
Line20192020Change
Profit (loss) for the period9904-€81,080-€97,715▼ 20.5%
+ Depreciation and write-downs630€23,279€23,279=
Operating cash flow (approximation)-€57,801-€74,436▼ 28.8%
Investment in fixed assets (approximation)--€23,279-
Change in cash-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2020 abbreviated format 28-10-2021 2021-74500574
31-12-2019 abbreviated format 23-09-2020 2020-55000166

Similar companies · same sector

The National Bank holds 2 filings for this company, but none with figures Checked can read, so a size comparison is not possible. These companies share only the sector. Of the 24,930 active companies whose main activity is beauty care and other beauty treatments (NACE 96220), figures are known for 1,456. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.