SPRINTING
InactiveSPRINTING was declared bankrupt on 17-05-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 07-05-2024, published in the Belgian State Gazette on 05-06-2024.
Summary
Inactive; last annual accounts for fiscal year 2018.
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 31-03-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-03-2019 close31-10-2019 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 12-10-2018, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2018, micro schema
Equity
€14,736▼ 25.6%
2017 · €19,798
Total assets
€60,208▼ 18.6%
2017 · €73,960
Net result
-€5,063▼ 1,987%
2017 · -€243
Working capital
€12,200▼ 32.4%
2017 · €18,059
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
Line20142015201620172018
Operating result€21,328-€15,750▼ 26.2%€9,616▼ 38.9%-€401-€4,167▼ 938%
Net result€16,174-€11,734▼ 27.5%€7,858▼ 33.0%-€243-€5,063▼ 1,987%
Equity€449-€12,183▲ 2,614%€20,041▲ 64.5%€19,798▼ 1.2%€14,736▼ 25.6%
Total assets€56,871-€71,823▲ 26.3%€75,636▲ 5.3%€73,960▼ 2.2%€60,208▼ 18.6%
Debt€56,422-€59,640▲ 5.7%€55,596▼ 6.8%€54,162▼ 2.6%€45,472▼ 16.0%
Working capital€9,405-€22,567▲ 140%€24,473▲ 8.4%€18,059▼ 26.2%€12,200▼ 32.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,167 in 2018 against €401 in 2017; the loss grows and 2018 has the lowest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €60,208
Fixed assets
€2,536 ▼ 45.4%
Current assets
€57,672 ▼ 16.8%
Equity and liabilities €60,208
Equity
€14,736 ▼ 25.6%
Debt
€45,472 ▼ 16.0%
Debt's share of the balance-sheet total rises from 73.2% to 75.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,058▼
2017 · €1,708
Cash flow
-€2,953▼
2017 · €1,867
Current ratio
1.27▼
2017 · 1.35
Quick ratio
1.02▼
2017 · 1.16
ROE
-34.4%▼
2017 · -1.2%
ROA
-8.4%▼
2017 · -0.3%
Debt ≤ 1 year
€45,472▼
2017 · €51,257
Income taxes
€1▼
2017 · €152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €871 | €790 | €2,109 | €2,109 | €2,109 | = |
| Gross operating margin9900 | €24,342 | €20,927 | €13,083 | €6,555 | €834 | ▼ 87.3% |
| Operating profit (loss)9901 | €21,328 | €15,750 | €9,616 | -€401 | -€4,167 | ▼ 938% |
| Recurring financial income75 | €753 | €1,749 | €2,061 | €2,545 | €1,388 | ▼ 45.4% |
| Recurring financial charges65 | €5,907 | €5,765 | €3,419 | €2,234 | €2,283 | ▲ 2.2% |
| Profit (loss) for the period before taxes9903 | €16,174 | €11,734 | €8,258 | -€91 | -€5,062 | ▼ 5,475% |
| Income taxes67/77 | - | - | €400 | €152 | €1 | ▼ 99.5% |
| Profit (loss) for the period9904 | €16,174 | €11,734 | €7,858 | -€243 | -€5,063 | ▼ 1,987% |
| Profit (loss) for the period to be appropriated9905 | €16,174 | €11,734 | €7,858 | -€243 | -€5,063 | ▼ 1,987% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,871 | €71,823 | €75,636 | €73,960 | €60,208 | ▼ 18.6% |
| Fixed assets21/28 | €3,759 | €2,969 | €6,754 | €4,645 | €2,536 | ▼ 45.4% |
| Tangible fixed assets22/27 | €3,759 | €2,969 | €6,554 | €4,445 | €2,336 | ▼ 47.5% |
| Financial fixed assets28 | - | - | €200 | €200 | €200 | = |
| Current assets29/58 | €53,112 | €68,854 | €68,882 | €69,315 | €57,672 | ▼ 16.8% |
| Stocks and contracts in progress3 | €10,785 | €6,460 | €5,158 | €9,965 | €11,191 | ▲ 12.3% |
| Amounts receivable within one year40/41 | €36,106 | €53,416 | €57,389 | €50,866 | €37,996 | ▼ 25.3% |
| Cash at bank and in hand54/58 | €6,072 | €7,452 | €6,158 | €8,485 | €8,485 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,871 | €71,823 | €75,636 | €73,960 | €60,208 | ▼ 18.6% |
| Equity10/15 | €449 | €12,183 | €20,041 | €19,798 | €14,736 | ▼ 25.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €4,275 | €4,275 | €4,275 | €4,275 | €4,275 | = |
| Profit (loss) carried forward14 | -€22,426 | -€10,692 | -€2,834 | -€3,077 | -€8,139 | ▼ 165% |
| Amounts payable17/49 | €56,422 | €59,640 | €55,596 | €54,162 | €45,472 | ▼ 16.0% |
| Amounts payable after more than one year17 | €12,080 | €13,353 | €11,186 | €2,906 | - | - |
| Amounts payable within one year42/48 | €43,707 | €46,287 | €44,409 | €51,257 | €45,472 | ▼ 11.3% |
| Trade debts44 | €17,740 | €30,081 | €30,622 | €24,107 | €18,996 | ▼ 21.2% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,174 | €11,734 | €7,858 | -€243 | -€5,063 | ▼ 1,987% |
| + Depreciation and write-downs630 | €871 | €790 | €2,109 | €2,109 | €2,109 | = |
| Operating cash flow (approximation) | €17,045 | €12,524 | €9,967 | €1,867 | -€2,953 | ▼ 258% |
| Investment in fixed assets (approximation) | - | €0 | -€5,895 | €0 | €0 | - |
| Change in cash | - | €1,381 | -€1,294 | €2,326 | €0 | ▼ 100% |
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
2024
05-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 07-05-2024
2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 17-05-2022
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-03
Financial
Weakest financial yearnet -€5,063
Net result drops to -€5,063, the lowest in the series.
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
12-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
28-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2013
29-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2012
31-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
27-10
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
28-10
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
27-10
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MIEKE VAN CUYCK SINT-CHRISTIANASTRAAT 48,
9890 04 DIKKELVENNE |
17-05-2022 → 07-05-2024 |