WINDOW VISION
InactiveWINDOW VISION was declared bankrupt on 03-05-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 16-05-2023, published in the Belgian State Gazette on 26-05-2023.
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 deadline24-09-2026 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 23-08-2021, 23 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
23 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-272k▼ 20.7%
2019 · €-226k
2018: €-118k
2019: €-226k
2018 → 2020
Total assets
€132k▲ 2.0%
2019 · €129k
2018: €114k
2019: €129k
2018 → 2020
Net result
€-47k▲ 56.4%
2019 · €-107k
2018: €-99k
2019: €-107k
2018 → 2020
Working capital
€-350k▼ 20.0%
2019 · €-292k
2018: €-193k
2019: €-292k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-118k-€-226k▼ 90.6%€-272k▼ 20.7%
Operating result€-97k-€-106k▼ 8.6%€-51k▲ 52.2%
Net result€-99k-€-107k▼ 8.8%€-47k▲ 56.4%
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 €51k in 2020 against €106k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €132k
Fixed assets
€78k ▲ 17.5%
Current assets
€54k ▼ 14.4%
Key figures and ratios
EBITDA
€-36k▲
2019 · €-89k
Cash flow
€-32k▲
2019 · €-90k
Solvency
-206.7%▼
2019 · -174.7%
Current ratio
0.13▼
2019 · 0.18
Quick ratio
0.13▼
2019 · 0.18
ROA
-35.5%▲
2019 · -83.0%
Debt
€404k▲
2019 · €355k
Debt ≤ 1 year
€404k▲
2019 · €355k
Income taxes
€48
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 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€129k€132k▲
Fixed assets21/28€66k€78k▲
Tangible fixed assets22/27€62k€73k▲
Financial fixed assets28€5k€5k=
Current assets29/58€63k€54k▼
Stocks and contracts in progress3-€3k
Amounts receivable within one year40/41€54k€47k▼
Cash at bank and in hand54/58€9k€1k▼
Equity and liabilities
Total equity and liabilities10/49€129k€132k▲
Equity10/15€-226k€-272k▼
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-266k€-312k▼
Amounts payable17/49€355k€404k▲
Amounts payable within one year42/48€355k€404k▲
Trade debts44€20k€29k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Gross operating margin9900€-4k€15k▲
Operating profit (loss)9901€-106k€-51k▲
Recurring financial income75€409€6k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-107k€-47k▲
Income taxes67/77-€48
Profit (loss) for the period9904€-107k€-47k▲
Profit (loss) for the period to be appropriated9905€-107k€-47k▲
Timeline · acts, filings and financial milestones
2023
26-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · WINDOW VISION BV KAASMARKT 15/0, 1780 WEMMEL · event 16-05-2023
2022
09-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · WINDOW VISION BV KAASMARKT 15/0, 1780 WEMMEL · event 03-05-2022
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Weakest financial yearnet €-107k
Net result drops to €-107k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 45 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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 | WINNY TIRMARCHE A. DE COCKPLEIN 9,
1831 DIEGEM |
03-05-2022 → present |