VERSA SERVICES
InactiveVERSA SERVICES was declared bankrupt on 29-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 30-01-2024, published in the Belgian State Gazette on 05-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three 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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-12-2021, 150 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
150 d late
2019
346 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€251k▲ 31.0%
2019 · €191k
2018: €83k
2019: €191k
2018 → 2020
Total assets
€342k▲ 7.0%
2019 · €320k
2018: €214k
2019: €320k
2018 → 2020
Net result
€59k▼ 45.2%
2019 · €108k
2018: €116k
2019: €108k
2018 → 2020
Working capital
€223k▲ 44.8%
2019 · €154k
2018: €73k
2019: €154k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€83k-€191k▲ 131%€251k▲ 31.0%
Operating result€163k-€150k▼ 7.9%€49k▼ 67.2%
Net result€116k-€108k▼ 6.6%€59k▼ 45.2%
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 has fallen two years in a row; 2020 is 67% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €342k
Fixed assets
€28k ▼ 25.8%
Current assets
€314k ▲ 11.3%
Equity and liabilities €342k
Equity
€251k ▲ 31.0%
Debt
€91k ▼ 28.8%
Debt's share of the balance-sheet total falls from 40.2% to 26.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▼
2019 · €164k
Cash flow
€71k▼
2019 · €121k
Current ratio
3.44▲
2019 · 2.20
Quick ratio
3.40▲
2019 · 2.15
ROE
23.7%▼
2019 · 56.7%
ROA
17.4%▼
2019 · 33.9%
Debt ≤ 1 year
€91k▼
2019 · €128k
Income taxes
€13k▼
2019 · €52k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€320k€342k▲
Fixed assets21/28€37k€28k▼
Tangible fixed assets22/27€37k€28k▼
Current assets29/58€282k€314k▲
Stocks and contracts in progress3€6k€4k▼
Amounts receivable within one year40/41€263k€291k▲
Cash at bank and in hand54/58€13k€20k▲
Equity and liabilities
Total equity and liabilities10/49€320k€342k▲
Equity10/15€191k€251k▲
Contributions10/11€19k€19k=
Reserves13€64k€64k=
Profit (loss) carried forward14€108k€168k▲
Amounts payable17/49€128k€91k▼
Amounts payable within one year42/48€128k€91k▼
Trade debts44€7k€7k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Gross operating margin9900€283k€93k▼
Operating profit (loss)9901€150k€49k▼
Recurring financial income75€17k€27k▲
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€160k€72k▼
Income taxes67/77€52k€13k▼
Profit (loss) for the period9904€108k€59k▼
Profit (loss) for the period to be appropriated9905€108k€59k▼
Timeline · acts, filings and financial milestones
2024
05-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VERSA SERVICES BV TURNHOUTSEBAAN 458, 2970 SCHILDE · event 30-01-2024
2022
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VERSA SERVICES BV TURN- HOUTSEBAAN 458, 2970 SCHILDE · event 29-03-2022
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
12-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 346 days late
2020
31-12
Financial
Weakest financial yearnet €59k ▼45.2%
Net result drops to €59k, the lowest in the series.
31-12
Financial
Equity above €200kEq €251k ▲31%
3 profitable years in a row build equity to €251k.
2019
31-12
Financial
Equity above €150kEq €191k ▲131%
2 profitable years in a row build equity to €191k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
Show earlier events
2014
04-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
21-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
24-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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 | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
29-03-2022 → 30-01-2024 |