'T PANDABOS
Open bankruptcyA bankruptcy procedure is open for 'T PANDABOS according to publications in the Belgian State Gazette; curator: GERRY VERSCHUREN.
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.
+raises risk○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 · 5 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 11-06-2021, 50 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
50 d early
2019
57 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€11k▼ 24.3%
2019 · €14k
2018: €27k
2019: €14k
2018 → 2020
Total assets
€33k▼ 15.9%
2019 · €39k
2018: €32k
2019: €39k
2018 → 2020
Net result
€-3k▲ 72.3%
2019 · €-13k
2018: €6k
2019: €-13k
2018 → 2020
Working capital
€-7k▲ 0.4%
2019 · €-7k
2018: €12k
2019: €-7k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€27k-€14k▼ 46.8%€11k▼ 24.3%
Operating result€7k-€-11k€-3k▲ 72.1%
Net result€6k-€-13k€-3k▲ 72.3%
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 €3k in 2020 against €11k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €33k
Fixed assets
€27k▼ 22.1%
Current assets
€6k▲ 37.9%
Equity and liabilities €33k
Equity
€11k▼ 24.3%
Debt
€22k▼ 11.1%
The debt ratio rises from 63.3% to 66.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▲
2019 · €-3k
Cash flow
€4k▲
2019 · €-5k
Solvency
33.1%▼
2019 · 36.7%
Current ratio
0.43▲
2019 · 0.35
Quick ratio
0.43▲
2019 · 0.35
Debt / equity
0.83▼
2019 · 0.92
ROE
-32.1%▲
2019 · -87.8%
ROA
-10.6%▲
2019 · -32.3%
Debt
€22k▼
2019 · €25k
Debt ≤ 1 year
€13k▲
2019 · €11k
Debt > 1 year
€9k▼
2019 · €13k
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€39k€33k▼
Fixed assets21/28€35k€27k▼
Tangible fixed assets22/27€35k€27k▼
Current assets29/58€4k€6k▲
Amounts receivable within one year40/41€1k€2k▲
Cash at bank and in hand54/58€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€39k€33k▼
Equity10/15€14k€11k▼
Contributions10/11€19k-
Reserves13€8k€8k=
Profit (loss) carried forward14€-13k€-16k▼
Amounts payable17/49€25k€22k▼
Amounts payable after more than one year17€13k€9k▼
Amounts payable within one year42/48€11k€13k▲
Trade debts44€4k€3k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Gross operating margin9900€25k€56k▲
Operating profit (loss)9901€-11k€-3k▲
Recurring financial income75€4€20▲
Recurring financial charges65€513€424▼
Profit (loss) for the period before taxes9903€-12k€-3k▲
Income taxes67/77€1k-
Profit (loss) for the period9904€-13k€-3k▲
Profit (loss) for the period to be appropriated9905€-13k€-3k▲
Timeline · acts, filings and financial milestones
2022
07-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ’T PANDABOS BVBA BORGER- STEINLEI 65, 2800 MECHELEN · event 01-07-2022
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-13k ▼313%
Net result drops to €-13k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
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.
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
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 | GERRY VERSCHUREN BLEEKSTRAAT 11,
2800 MECHELEN |
01-07-2022 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 4,045 EUR awarded · 4,045 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 4,045 EUR | 4,045 EUR |
Schemes
Subsidies voorschoolse kinderopvang
Recognitions · licences · registrations
Care and welfare
1 service · 0 live't Pandabos