SODANEX
InactiveSODANEX was declared bankrupt on 31-01-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 23-05-2023, published in the Belgian State Gazette on 30-05-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four 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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 21-06-2021, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
40 d early
2019
22 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-104k
2019 · €540
2018: €-45k
2019: €540
2018 → 2020
Working capital
€-45k▲ 7.1%
2019 · €-49k
2018: €-76k
2019: €-49k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€176k-€176k▲ 0.3%€73k▼ 58.8%
Operating result€-37k-€13k€-97k
Net result€-45k-€540€-104k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €97k after €13k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €297k
Fixed assets
€198k▼ 11.8%
Current assets
€99k▼ 23.1%
Equity and liabilities €297k
Equity
€73k▼ 58.8%
Debt
€225k▲ 26.8%
The debt ratio rises from 50.1% to 75.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-55k▼
2019 · €52k
Cash flow
€-62k▼
2019 · €40k
Solvency
24.4%▼
2019 · 49.9%
Current ratio
0.69▼
2019 · 0.72
Quick ratio
0.65▼
2019 · 0.65
Debt / equity
1.11
ROE
-142.7%▼
2019 · 0.3%
ROA
-34.9%▼
2019 · 0.2%
Debt
€225k▲
2019 · €177k
Debt ≤ 1 year
€144k▼
2019 · €177k
Debt > 1 year
€81k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€353k€297k▼
Fixed assets21/28€225k€198k▼
Intangible fixed assets21€149k€128k▼
Tangible fixed assets22/27€57k€51k▼
Financial fixed assets28€19k€19k=
Current assets29/58€128k€99k▼
Stocks and contracts in progress3€13k€6k▼
Amounts receivable within one year40/41€3k€84k▲
Cash at bank and in hand54/58€88k€9k▼
Equity and liabilities
Total equity and liabilities10/49€353k€297k▼
Equity10/15€176k€73k▼
Contributions10/11€260k€260k=
Reserves13€3k€3k=
Profit (loss) carried forward14€-87k€-191k▼
Amounts payable17/49€177k€225k▲
Amounts payable after more than one year17-€81k
Amounts payable within one year42/48€177k€144k▼
Trade debts44€57k€5k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€42k▲
Gross operating margin9900€672k€167k▼
Operating profit (loss)9901€13k€-97k▼
Recurring financial charges65€13k€6k▼
Profit (loss) for the period before taxes9903€540€-104k▼
Profit (loss) for the period9904€540€-104k▼
Profit (loss) for the period to be appropriated9905€540€-104k▼
Timeline · acts, filings and financial milestones
2023
30-05
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SODANEX SA BOULEVARD ANSPACH 37, 1000 BRUXELLES. déclarée le 31 janvier 2022 · event 23-05-2023
2022
07-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SODANEX SA BOULEVARD ANSPACH 37, 1000 BRUXELLES 1 · event 31-01-2022
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-104k ▼19284%
Net result drops to €-104k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 22 days late
2019
31-12
Financial
Back to profitnet €540
Net result €540 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
19-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
22-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 22 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 | GUY KELDER PLACE GUY D’AREZZO 18,
1180 BRUXELLES 18 |
31-01-2022 → present |