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UXM

Open bankruptcy
KBO/BCE: BE 0894.862.216

Inactive; last annual accounts for fiscal year 2020.

Summary

A bankruptcy procedure is open for UXM according to publications in the Belgian State Gazette.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Turnhout division
Declared bankrupt
30 January 2024
Supervising judge
Guido Gilis
Official Gazette
05-02-2024 (pdf) ↗search the document for 2024/104239

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 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 28-06-2021, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
33 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 88,334 in 2018 to EUR 60,056 in 2020.1 UXM was declared bankrupt on 30 January 2024.2

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 05-02-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
-€34,513▼ 127%
2019 · -€15,198
Total assets
€60,056▼ 15.1%
2019 · €70,756
Net result
-€19,315▼ 8.4%
2019 · -€17,814
Working capital
-€3,967
2019 · €36,704
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
Line201820192020
Operating result-€12,545--€15,108▼ 20.4%-€18,995▼ 25.7%
Net result-€16,034--€17,814▼ 11.1%-€19,315▼ 8.4%
Equity€2,616--€15,198-€34,513▼ 127%
Total assets€88,334-€70,756▼ 19.9%€60,056▼ 15.1%
Debt€85,717-€85,954▲ 0.3%€94,569▲ 10.0%
Working capital€34,154-€36,704▲ 7.5%-€3,967
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2018: -€12,545-€12,545Net result 2018: -€16,034-€16,034Operating result 2019: -€15,108-€15,108Net result 2019: -€17,814-€17,814Operating result 2020: -€18,995-€18,995Net result 2020: -€19,315-€19,315201820192020-€20,000-€15,000-€10,000-€5,000€0Operating result 2018: -€12,545-€12,500Net result 2018: -€16,034-€16,000Operating result 2019: -€15,108-€15,100Net result 2019: -€17,814-€17,800Operating result 2020: -€18,995-€19,000Net result 2020: -€19,315-€19,300201820192020
The operating result stays negative: a loss of €18,995 in 2020 against €15,108 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €60,056
Fixed assets €17,690 ▲ 673%
Current assets €42,366 ▼ 38.1%
Key figures and ratios
2020 value · change against 2019
EBITDA
-€15,380▼
2019 · €3,883
Cash flow
-€15,700▼
2019 · €1,177
Solvency
-57.5%▼
2019 · -21.5%
Current ratio
0.91▼
2019 · 2.16
Debt to equity
-1.40▲
2019 · -3.54
ROA
-32.2%▼
2019 · -25.2%
Debt ≤ 1 year
€46,333▲
2019 · €31,763
Debt > 1 year
€48,236▼
2019 · €53,841
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€70,756€60,056▼
Fixed assets21/28€2,289€17,690▲
Tangible fixed assets22/27€2,289€17,690▲
Current assets29/58€68,467€42,366▼
Amounts receivable within one year40/41€64,723€42,366▼
Cash at bank and in hand54/58€3,575€0▼
Equity and liabilities
Total equity and liabilities10/49€70,756€60,056▼
Equity10/15-€15,198-€34,513▼
Contributions10/11€6,200-
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€23,258-€42,573▼
Amounts payable17/49€85,954€94,569▲
Amounts payable after more than one year17€53,841€48,236▼
Amounts payable within one year42/48€31,763€46,333▲
Trade debts44€17,900€36,752▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,991€3,615▼
Gross operating margin9900€4,528-€15,009▼
Operating profit (loss)9901-€15,108-€18,995▼
Recurring financial income75€151€5,069▲
Recurring financial charges65€2,857€5,388▲
Profit (loss) for the period before taxes9903-€17,814-€19,315▼
Profit (loss) for the period9904-€17,814-€19,315▼
Profit (loss) for the period to be appropriated9905-€17,814-€19,315▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,653€18,991€3,615▼ 81.0%
Gross operating margin9900€17,741€4,528-€15,009▼ 431%
Operating profit (loss)9901-€12,545-€15,108-€18,995▼ 25.7%
Recurring financial income75€28€151€5,069▲ 3,264%
Recurring financial charges65€3,518€2,857€5,388▲ 88.6%
Profit (loss) for the period before taxes9903-€16,034-€17,814-€19,315▼ 8.4%
Profit (loss) for the period9904-€16,034-€17,814-€19,315▼ 8.4%
Profit (loss) for the period to be appropriated9905-€16,034-€17,814-€19,315▼ 8.4%
Line201820192020Change
Assets
Total assets20/58€88,334€70,756€60,056▼ 15.1%
Fixed assets21/28€27,530€2,289€17,690▲ 673%
Intangible fixed assets21€18,000---
Tangible fixed assets22/27€3,280€2,289€17,690▲ 673%
Financial fixed assets28€6,250---
Current assets29/58€60,804€68,467€42,366▼ 38.1%
Stocks and contracts in progress3€6,710---
Amounts receivable within one year40/41€53,386€64,723€42,366▼ 34.5%
Cash at bank and in hand54/58-€3,575€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€88,334€70,756€60,056▼ 15.1%
Equity10/15€2,616-€15,198-€34,513▼ 127%
Contributions10/11€6,200€6,200--
Reserves13€1,860€1,860€1,860=
Profit (loss) carried forward14-€5,444-€23,258-€42,573▼ 83.0%
Amounts payable17/49€85,717€85,954€94,569▲ 10.0%
Amounts payable after more than one year17€59,068€53,841€48,236▼ 10.4%
Amounts payable within one year42/48€26,650€31,763€46,333▲ 45.9%
Trade debts44€15,946€17,900€36,752▲ 105%
Line201820192020Change
Profit (loss) for the period9904-€16,034-€17,814-€19,315▼ 8.4%
+ Depreciation and write-downs630€19,653€18,991€3,615▼ 81.0%
Operating cash flow (approximation)€3,619€1,177-€15,700▼ 1,434%
Investment in fixed assets (approximation)-€6,250-€19,016▼ 404%
Change in cash---€3,575-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
05-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 30-01-2024
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€19,315
Net result drops to -€19,315, the lowest in the series.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
29-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

2 mandates
Role Name Tenure
Curator RUDI VAN GOMPEL
DORP 8, 2360 OUD-TURNHOUT-
30-01-2024 → present
Curator TOM ROBEYNS
DORP 8, 2360 OUD-TURNHOUT-
30-01-2024 → present