WASNDROOG INVEST
InactiveWASNDROOG INVEST was declared bankrupt on 09-08-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 03-03-2025, published in the Belgian State Gazette on 27-03-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 18-07-2023, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
13 d early
2021
25 d late
2020
88 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-119k▼ 39.4%
2021 · €-86k
2018: €92k
2019: €83k
2020: €26k
2021: €-86k
2018 → 2022
Total assets
€26k▼ 72.1%
2021 · €93k
2018: €252k
2019: €235k
2020: €163k
2021: €93k
2018 → 2022
Net result
€-34k▲ 69.7%
2021 · €-112k
2018: €67k
2019: €-9k
2020: €-57k
2021: €-112k
2018 → 2022
Working capital
€-108k▲ 8.2%
2021 · €-118k
2018: €-31k
2019: €-44k
2020: €-37k
2021: €-118k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€92k-€83k▼ 9.3%€26k▼ 68.9%€-86k€-119k▼ 39.4%
Operating result€71k-€-1k€-54k▼ 3,486%€-69k▼ 28.8%€-29k▲ 57.8%
Net result€67k-€-9k€-57k▼ 571%€-112k▼ 94.6%€-34k▲ 69.7%
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 €29k in 2022 against €69k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €26k
Fixed assets
€21k ▼ 75.5%
Current assets
€5k ▼ 41.8%
Key figures and ratios
EBITDA
€32k▲
2021 · €-722
Cash flow
€27k▲
2021 · €-43k
Solvency
-459.8%▼
2021 · -91.9%
Current ratio
0.05▼
2021 · 0.07
Debt to equity
-1.22▲
2021 · -2.09
ROA
-129.9%▼
2021 · -119.6%
Interest coverage
6.86▲
2021 · -0.06
Debt
€145k▼
2021 · €179k
Debt ≤ 1 year
€113k▼
2021 · €127k
Debt > 1 year
€32k▼
2021 · €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 · 2022 against 2021 · 49 lines
Balance sheet
Code20212022
Assets
Total assets20/58€93k€26k▼
Fixed assets21/28€84k€21k▼
Tangible fixed assets22/27€79k€15k▼
Land and buildings22€145-
Plant, machinery and equipment23€46k€9k▼
Furniture and vehicles24€3k-
Leasing and similar rights25€29k€6k▼
Financial fixed assets28€5k€6k▲
Current assets29/58€9k€5k▼
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€3k-
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€970€1k▲
Equity and liabilities
Total equity and liabilities10/49€93k€26k▼
Equity10/15€-86k€-119k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-111k€-144k▼
Amounts payable17/49€179k€145k▼
Amounts payable after more than one year17€52k€32k▼
Financial debts170/4€52k€32k▼
Amounts payable within one year42/48€127k€113k▼
Current portion of amounts payable after more than one year42€23k€20k▼
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€59k€54k▼
Taxes450/3€59k€54k▼
Other amounts payable47/48€28k€31k▲
Income statement
Code20212022
Non-recurring operating income76A€3k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€61k▼
Other operating charges640/8€25k€5k▼
Gross operating margin9900€24k€37k▲
Operating profit (loss)9901€-69k€-29k▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€12k€5k▼
Recurring financial charges65€12k€5k▼
Profit (loss) for the period before taxes9903€-81k€-34k▲
Income taxes67/77€30k-
Profit (loss) for the period9904€-112k€-34k▲
Profit (loss) for the period to be appropriated9905€-112k€-34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-111k€-144k▼
Profit (loss) brought forward from the previous period14P€842€-111k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · WASNDROOG INVEST BVBA MARKT 53, 2590 BERLAAR · event 03-03-2025
2023
16-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · WASNDROOG INVEST BVBA MARKT 53, 2590 BERLAAR · event 09-08-2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-112k
Net result drops to €-112k, the lowest in the series.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 379 days late
14-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 745 days late
14-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 1110 days late
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2013
12-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 | TOON BRAWERS ZOMERSTRAAT 16, 2590 BERLAAR- |
09-08-2023 → 03-03-2025 |