VALYRIS
InactiveVALYRIS was declared bankrupt on 24-01-2022 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed for insufficient assets by judgment of 20-03-2023, published in the Belgian State Gazette on 31-03-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
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 31-12-2020. 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 deadline29-09-2026 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 29-07-2021, 2 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
2 d early
2019
77 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 38 days after 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)
History
Financials · fiscal year 2020, micro schema
Turnover
€14,738▼ 43.3%
2019 · €26,002
EBIT margin
-85.4%▲ 76.5pp
2019 · -161.9%
Net result
-€14,864▲ 66.4%
2019 · -€44,249
Working capital
-€45,763▼ 60.4%
2019 · -€28,537
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
Turnover€69,857-€26,002▼ 62.8%€14,738▼ 43.3%
Operating result-€14,283--€42,098▼ 195%-€12,581▲ 70.1%
Net result-€16,852--€44,249▼ 163%-€14,864▲ 66.4%
EBIT margin-20.4%--161.9%▼ 141.5pp-85.4%▲ 76.5pp
Equity€29,501--€9,248-€24,112▼ 161%
Total assets€96,812-€50,363▼ 48.0%€40,600▼ 19.4%
Debt€67,312-€59,611▼ 11.4%€64,713▲ 8.6%
Working capital€2,933--€28,537-€45,763▼ 60.4%
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 €12,581 in 2020 against €42,098 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €40,600
Fixed assets
€37,790 ▼ 10.6%
Current assets
€2,811 ▼ 65.2%
Key figures and ratios
EBITDA
€4,345▲
2019 · -€25,358
Cash flow
€2,062▲
2019 · -€27,509
Solvency
-59.4%▼
2019 · -18.4%
Current ratio
0.06▼
2019 · 0.22
Debt to equity
-0.67▲
2019 · -2.40
ROA
-36.6%▲
2019 · -87.9%
Debt ≤ 1 year
€48,574▲
2019 · €36,619
Debt > 1 year
€16,139▼
2019 · €22,209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €69,857 | €26,002 | €14,738 | ▼ 43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,300 | €16,740 | €16,926 | ▲ 1.1% |
| Gross operating margin9900 | €4,966 | -€23,961 | €4,889 | ▲ 120% |
| Operating profit (loss)9901 | -€14,283 | -€42,098 | -€12,581 | ▲ 70.1% |
| Recurring financial income75 | €0 | €60 | €0 | ▼ 99.9% |
| Recurring financial charges65 | €2,638 | €1,343 | €1,458 | ▲ 8.5% |
| Profit (loss) for the period before taxes9903 | -€16,921 | -€44,249 | -€14,864 | ▲ 66.4% |
| Income taxes67/77 | -€69 | - | - | - |
| Profit (loss) for the period9904 | -€16,852 | -€44,249 | -€14,864 | ▲ 66.4% |
| Profit (loss) for the period to be appropriated9905 | -€16,852 | -€44,249 | -€14,864 | ▲ 66.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €96,812 | €50,363 | €40,600 | ▼ 19.4% |
| Fixed assets21/28 | €57,700 | €42,280 | €37,790 | ▼ 10.6% |
| Intangible fixed assets21 | €57,700 | €41,400 | €36,200 | ▼ 12.6% |
| Tangible fixed assets22/27 | - | €880 | €1,590 | ▲ 80.6% |
| Current assets29/58 | €39,112 | €8,082 | €2,811 | ▼ 65.2% |
| Amounts receivable within one year40/41 | €16,974 | €5,733 | €2,035 | ▼ 64.5% |
| Cash at bank and in hand54/58 | €22,139 | €2,350 | €776 | ▼ 67.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €96,812 | €50,363 | €40,600 | ▼ 19.4% |
| Equity10/15 | €29,501 | -€9,248 | -€24,112 | ▼ 161% |
| Contributions10/11 | €43,000 | €48,500 | - | - |
| Reserves13 | €3,352 | €3,352 | €3,352 | = |
| Profit (loss) carried forward14 | -€16,852 | -€61,101 | -€75,965 | ▼ 24.3% |
| Amounts payable17/49 | €67,312 | €59,611 | €64,713 | ▲ 8.6% |
| Amounts payable after more than one year17 | €31,132 | €22,209 | €16,139 | ▼ 27.3% |
| Amounts payable within one year42/48 | €36,180 | €36,619 | €48,574 | ▲ 32.6% |
| Trade debts44 | €13,271 | €10,988 | €8,982 | ▼ 18.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,852 | -€44,249 | -€14,864 | ▲ 66.4% |
| + Depreciation and write-downs630 | €16,300 | €16,740 | €16,926 | ▲ 1.1% |
| Operating cash flow (approximation) | -€552 | -€27,509 | €2,062 | ▲ 107% |
| Investment in fixed assets (approximation) | - | -€1,320 | -€12,436 | ▼ 842% |
| Change in cash | - | -€19,789 | -€1,573 | ▲ 92.0% |
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
2023
31-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Mons · event 20-03-2023
2022
07-02
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 24-01-2022
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
31-12
Financial
Weakest financial yearnet -€44,249
Net result drops to -€44,249, the lowest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full 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 | CAROLINE BOSCO RUE DES ARCHERS, 4, 7000 MONS-
.
Date provisoire de cessation de paiement : 24/01/2022 |
24-01-2022 → 20-03-2023 |