SKY
Open bankruptcyA bankruptcy procedure is open for SKY according to publications in the Belgian State Gazette; curator: KATTY SOMERS.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
30-09-2021 close30-04-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 30-04-2021, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€48k
EBIT margin
0.2%
Net result
€71
2019 · €-3k
Working capital
€-2k▼ 5.7%
2019 · €-2k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€48k-
Operating result€96-€-3k€124
Net result€-67-€-3k▼ 4,185%€71
EBIT margin0.2%-
Equity€381-€-2k€-2k▲ 3.6%
Total assets€5k-€4k▼ 17.8%€6k▲ 38.9%
Debt€5k-€6k▲ 32.0%€8k▲ 25.1%
Working capital€37-€-2k€-2k▼ 5.7%
Staff (FTE)1-1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €124 after a loss of €3k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €6k
Fixed assets
€366 ▲ 113%
Current assets
€5k ▲ 35.7%
Key figures and ratios
EBITDA
€330▲
2019 · €-3k
Cash flow
€277▲
2019 · €-3k
Solvency
-33.5%
Current ratio
0.70
Quick ratio
0.34
ROA
1.3%
Debt ≤ 1 year
€8k▲
2019 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €48k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €172 | €172 | €206 | ▲ 19.7% |
| Gross operating margin9900 | €2k | €-450 | €963 | ▲ 314% |
| Operating profit (loss)9901 | €96 | €-3k | €124 | ▲ 104% |
| Recurring financial income75 | €0 | €143 | - | - |
| Recurring financial charges65 | €162 | €51 | €53 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | €-67 | €-3k | €71 | ▲ 102% |
| Profit (loss) for the period9904 | €-67 | €-3k | €71 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €-67 | €-3k | €71 | ▲ 102% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5k | €4k | €6k | ▲ 38.9% |
| Fixed assets21/28 | €344 | €172 | €366 | ▲ 113% |
| Tangible fixed assets22/27 | €344 | €172 | €366 | ▲ 113% |
| Current assets29/58 | €5k | €4k | €5k | ▲ 35.7% |
| Stocks and contracts in progress3 | €4k | €4k | €3k | ▼ 28.7% |
| Amounts receivable within one year40/41 | €250 | - | - | - |
| Cash at bank and in hand54/58 | €787 | €122 | €3k | ▲ 2,027% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5k | €4k | €6k | ▲ 38.9% |
| Equity10/15 | €381 | €-2k | €-2k | ▲ 3.6% |
| Contributions10/11 | €12k | €13k | - | - |
| Reserves13 | €592 | €592 | €592 | = |
| Profit (loss) carried forward14 | €-12k | €-15k | €-15k | ▲ 0.5% |
| Amounts payable17/49 | €5k | €6k | €8k | ▲ 25.1% |
| Amounts payable within one year42/48 | €5k | €6k | €8k | ▲ 25.1% |
| Trade debts44 | €106 | €861 | €5k | ▲ 426% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-67 | €-3k | €71 | ▲ 102% |
| + Depreciation and write-downs630 | €172 | €172 | €206 | ▲ 19.7% |
| Operating cash flow (approximation) | €106 | €-3k | €277 | ▲ 110% |
| Investment in fixed assets (approximation) | - | €0 | €-400 | - |
| Change in cash | - | €-665 | €2k | ▲ 473% |
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
2022
03-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 28-12-2021
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €71
Net result €71 after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KATTY SOMERS BISSCHOPSLAAN 24, 2340 BEERSE- |
28-12-2021 → present |