WASH4Y
InactiveWASH4Y was declared bankrupt on 03-01-2022 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed for insufficient assets by judgment of 16-10-2023, published in the Belgian State Gazette on 23-10-2023.
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.
○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 · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€-52k▼ 7.1%
2019 · €-49k
2018: €14k
2019: €-49k
2018 → 2020
Total assets
€5k▼ 60.0%
2019 · €12k
2018: €53k
2019: €12k
2018 → 2020
Net result
€-3k▲ 94.6%
2019 · €-63k
2018: €-4k
2019: €-63k
2018 → 2020
Working capital
€-52k▼ 7.1%
2019 · €-49k
2018: €14k
2019: €-49k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€14k-€-49k€-52k▼ 7.1%
Operating result€-4k-€-62k▼ 1,471%€-3k▲ 95.6%
Net result€-4k-€-63k▼ 1,412%€-3k▲ 94.6%
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 €62k in 2019; the loss shrinks.
Key figures and ratios
Debt
€57k▼
2019 · €60k
Debt ≤ 1 year
€57k▼
2019 · €60k
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
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€12k€5k▼
Current assets29/58€12k€5k▼
Amounts receivable within one year40/41€11k€5k▼
Cash at bank and in hand54/58€334€102▼
Equity and liabilities
Total equity and liabilities10/49€12k€5k▼
Equity10/15€-49k€-52k▼
Contributions10/11€19k-
Profit (loss) carried forward14€-67k€-71k▼
Amounts payable17/49€60k€57k▼
Amounts payable within one year42/48€60k€57k▼
Trade debts44€12k€4k▼
Income statement
Code20192020
Gross operating margin9900€-3k€-3k▲
Operating profit (loss)9901€-62k€-3k▲
Recurring financial charges65€789€681▼
Profit (loss) for the period before taxes9903€-63k€-3k▲
Profit (loss) for the period9904€-63k€-3k▲
Profit (loss) for the period to be appropriated9905€-63k€-3k▲
Timeline · acts, filings and financial milestones
2023
23-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Brugge · WASH4Y BV SINT-PIETERSMOLENSTRAAT 204/4, 8000 BRUGGE · event 16-10-2023
2022
06-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · WASH4Y BV SINT-PIETERSMO- LENSTRAAT 204/4, 8000 BRUGGE · event 03-01-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2019
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | ASTRID LESCOUHIER EZELSTRAAT 25, 8000 BRUGGE- |
03-01-2022 → present |