SSP
InactiveSSP was declared bankrupt on 28-04-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 11-02-2025, published in the Belgian State Gazette on 20-02-2025.
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 · 2 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline25-09-2026 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 07-10-2020, 68 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2019, micro schema
Turnover
€119k▼ 47.5%
2018 · €227k
EBIT margin
-7.0%▼ 14.9pp
2018 · 7.9%
Net result
€-10k
2018 · €11k
Working capital
€37k▲ 36.6%
2018 · €27k
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
Line20182019
Turnover€227k-€119k▼ 47.5%
Operating result€18k-€-8k
Net result€11k-€-10k
EBIT margin7.9%--7.0%▼ 14.9pp
Equity€27k-€20k▼ 25.5%
Total assets€55k-€68k▲ 22.4%
Debt€29k-€48k▲ 67.4%
Working capital€27k-€37k▲ 36.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €8k after €18k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €68k
Fixed assets
€7k
Current assets
€60k
Equity and liabilities €68k
Equity
€20k ▼ 25.5%
Debt
€48k ▲ 67.4%
Debt's share of the balance-sheet total rises from 51.5% to 70.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k
Cash flow
€-9k
Current ratio
2.55▲
2018 · 1.94
Debt to equity
1.19
ROE
-49.5%▼
2018 · 42.1%
ROA
-14.6%▼
2018 · 20.4%
Debt ≤ 1 year
€24k▼
2018 · €29k
Debt > 1 year
€24k
Income taxes
€-827▼
2018 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €227k | €119k | ▼ 47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €826 | - |
| Gross operating margin9900 | €39k | €566 | ▼ 98.6% |
| Operating profit (loss)9901 | €18k | €-8k | ▼ 146% |
| Recurring financial income75 | €52 | €3 | ▼ 94.5% |
| Recurring financial charges65 | €782 | €2k | ▲ 205% |
| Profit (loss) for the period before taxes9903 | €17k | €-11k | ▼ 162% |
| Income taxes67/77 | €6k | €-827 | ▼ 114% |
| Profit (loss) for the period9904 | €11k | €-10k | ▼ 188% |
| Profit (loss) for the period to be appropriated9905 | €11k | €-10k | ▼ 188% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €55k | €68k | ▲ 22.4% |
| Fixed assets21/28 | - | €7k | - |
| Tangible fixed assets22/27 | - | €7k | - |
| Current assets29/58 | €55k | €60k | ▲ 8.9% |
| Amounts receivable within one year40/41 | €22k | €28k | ▲ 30.1% |
| Cash at bank and in hand54/58 | €34k | €32k | ▼ 4.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €55k | €68k | ▲ 22.4% |
| Equity10/15 | €27k | €20k | ▼ 25.5% |
| Contributions10/11 | €16k | €19k | ▲ 19.6% |
| Reserves13 | €2k | €2k | = |
| Profit (loss) carried forward14 | €9k | €-454 | ▼ 105% |
| Amounts payable17/49 | €29k | €48k | ▲ 67.4% |
| Amounts payable after more than one year17 | - | €24k | - |
| Amounts payable within one year42/48 | €29k | €24k | ▼ 17.1% |
| Trade debts44 | €6k | €13k | ▲ 127% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €-10k | ▼ 188% |
| + Depreciation and write-downs630 | - | €826 | - |
| Operating cash flow (approximation) | €11k | €-9k | ▼ 180% |
| Change in cash | - | €-2k | - |
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
2025
20-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 11-02-2025
2022
04-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-04-2022
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | DIRK ROCHTUS DROOMLAND 15, 2288 02 BOUWEL-
GROBBENDONK |
28-04-2022 → 11-02-2025 |