THE CHOCOLATE WIZARD
InactiveTHE CHOCOLATE WIZARD was declared bankrupt on 21-03-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 01-10-2024, published in the Belgian State Gazette on 20-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 18-08-2022, 18 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
18 d late
2020
10 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-28k▼ 112%
2020 · €-13k
2020: €-13k
2020 → 2021
Total assets
€205k▼ 7.6%
2020 · €222k
2020: €222k
2020 → 2021
Net result
€-15k▲ 61.4%
2020 · €-38k
2020: €-38k
2020 → 2021
Working capital
€-103k▼ 26.3%
2020 · €-81k
2020: €-81k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€-13k-€-28k▼ 112%
Operating result€-33k-€-8k▲ 74.6%
Net result€-38k-€-15k▲ 61.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2021 against €33k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €205k
Fixed assets
€187k ▼ 7.7%
Current assets
€18k ▼ 6.4%
Key figures and ratios
EBITDA
€21k▲
2020 · €461
Cash flow
€15k▲
2020 · €-5k
Solvency
-13.6%▼
2020 · -5.9%
Current ratio
0.15▼
2020 · 0.19
Quick ratio
0.08▼
2020 · 0.13
Debt to equity
-8.33▲
2020 · -10.20
ROA
-7.2%▲
2020 · -17.2%
Interest coverage
3.32
Debt
€233k▼
2020 · €235k
Debt ≤ 1 year
€120k▲
2020 · €100k
Debt > 1 year
€112k▼
2020 · €134k
Staff costs
€863
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€222k€205k▼
Fixed assets21/28€203k€187k▼
Tangible fixed assets22/27€203k€187k▼
Plant, machinery and equipment23-€43k
Furniture and vehicles24-€2k
Leasing and similar rights25-€57k
Other tangible fixed assets26-€85k
Current assets29/58€19k€18k▼
Stocks and contracts in progress3€6k€8k▲
Stocks30/36-€8k
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40-€3k
Other amounts receivable41-€736
Current investments50/53€250€250=
Cash at bank and in hand54/58€5k€5k▲
Deferred charges and accrued income490/1-€923
Equity and liabilities
Total equity and liabilities10/49€222k€205k▼
Equity10/15€-13k€-28k▼
Contributions10/11-€25k
Profit (loss) carried forward14€-38k€-53k▼
Amounts payable17/49€235k€233k▼
Amounts payable after more than one year17€134k€112k▼
Financial debts170/4-€112k
Amounts payable within one year42/48€100k€120k▲
Current portion of amounts payable after more than one year42-€26k
Trade debts44€3k€10k▲
Suppliers440/4-€10k
Other amounts payable47/48-€85k
Income statement
Code20202021
Non-recurring operating income76A-€159
Remuneration, social security and pensions62-€863
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€30k▼
Other operating charges640/8-€4k
Gross operating margin9900€6k€27k▲
Operating profit (loss)9901€-33k€-8k▲
Financial income75/76B-€7
Recurring financial income75€32€7▼
Financial charges65/66B-€6k
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-38k€-15k▲
Profit (loss) for the period9904€-38k€-15k▲
Profit (loss) for the period to be appropriated9905€-38k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-53k
Profit (loss) brought forward from the previous period14P-€-38k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
20-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · THE CHOCOLATE WIZARD BV STATIELEI 6, 2640 MORTSEL · event 01-10-2024
2023
28-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · THE CHOCOLATE WIZARD BV STATIELEI 6, 2640 MORTSEL · event 21-03-2023
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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 | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
21-03-2023 → 01-10-2024 |