Wastic
Open bankruptcyFinancials · financial year 2018, micro format
2018 annual accounts filed 356 days after the deadline Filed on 21 July 2020, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2020-33100144.
Annual accounts 2018 filed on 21-07-2020 PDF all 13 filings
Turnover
≈ €210,000
Estimated: probably between €140,000 and €350,000
Total assets
€648,908
Net result
-€49,477
Working capital
-€75,580
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €648,908
Fixed assets
€407,442
Current assets
€241,466
Equity and liabilities
Equity-€68,139
Debt€717,047
Equity is negative. Debt (€717,047) exceeds the balance-sheet total (€648,908).
Key figures and ratios
EBITDA
-€43,956
Cash flow
-€47,616
Solvency
-10.5%
Current ratio
0.76
Quick ratio
0.60
ROA
-7.6%
Debt
€717,047
Debt ≤ 1 year
€317,047
Debt > 1 year
€400,000
Income taxes
€53
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,860 |
| Gross operating margin9900 | €68,209 |
| Operating profit (loss)9901 | -€45,817 |
| Recurring financial charges65 | €3,607 |
| Profit (loss) for the period before taxes9903 | -€49,424 |
| Income taxes67/77 | €53 |
| Profit (loss) for the period9904 | -€49,477 |
| Profit (loss) for the period to be appropriated9905 | -€49,477 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €648,908 | |
| Fixed assets21/28 | €407,442 | |
| Intangible fixed assets21 | €2,690 | |
| Tangible fixed assets22/27 | €404,752 | |
| Current assets29/58 | €241,466 | |
| Stocks and contracts in progress3 | €50,807 | |
| Amounts receivable within one year40/41 | €189,168 | |
| Cash at bank and in hand54/58 | €1,490 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €648,908 | |
| Equity10/15 | -€68,139 | |
| Contributions10/11 | €18,600 | |
| Reserves13 | €1,860 | |
| Profit (loss) carried forward14 | -€88,599 | |
| Amounts payable17/49 | €717,047 | |
| Amounts payable after more than one year17 | €400,000 | |
| Amounts payable within one year42/48 | €317,047 | |
| Trade debts44 | €190,727 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€49,477 |
| + Depreciation and write-downs630 | €1,860 |
| Operating cash flow (approximation) | -€47,616 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2018 | micro format | 21-07-2020 | 2020-33100144 | |
| 31-12-2017 | micro format | 01-12-2018 | 2018-73300297 | |
| 31-12-2016 | micro format | 07-07-2017 | 2017-27900345 | |
| 31-12-2015 | abbreviated format | 27-07-2016 | 2016-35400392 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-48600343 | |
| 31-12-2013 | abbreviated format | 30-07-2014 | 2014-35900452 | |
| 31-12-2012 | abbreviated format | 30-07-2013 | 2013-36100447 | |
| 31-12-2011 | abbreviated format | 27-08-2012 | 2012-44600404 | |
| 31-12-2010 | abbreviated format | 13-07-2011 | 2011-28300601 | |
| 31-12-2009 | abbreviated format | 08-07-2010 | 2010-27700011 |