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WINMIC

Open bankruptcy
KBO/BCE: BE 0898.301.558

Inactive; last annual accounts for fiscal year 2019.

Summary

A bankruptcy procedure is open for WINMIC according to publications in the Belgian State Gazette.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Tongeren division
Declared bankrupt
21 June 2022
Supervising judge
Paul Odeurs
Official Gazette
28-06-2022 (pdf) ↗search the document for 2022/124204

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 27-11-2020, 119 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
119 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 119 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

WINMIC has filed 11 sets of annual accounts, the latest for fiscal year 2019.1 On 21 June 2022 the company was declared bankrupt.2

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 28-06-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2019, micro schema

Turnover
€2,000
EBIT margin
48.9%
Net result
€967
2018 · -€874
Working capital
-€4,446
2018 · €13,386
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Turnover€2,000
Operating result-€874-€978
Net result-€874-€967
EBIT margin48.9%
Equity€13,386-€20,554▲ 53.5%
Total assets€82,650-€305,150▲ 269%
Debt€69,264-€284,596▲ 311%
Working capital€13,386--€4,446
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,000-€500€0€500€1,000Operating result 2018: -€874-€874Net result 2018: -€874-€874Operating result 2019: €978€978Net result 2019: €967€96720182019-€1,000-€500€0€500€1,000Operating result 2018: -€874-€874Net result 2018: -€874-€874Operating result 2019: €978€978Net result 2019: €967€96720182019
The operating result returns to profit in 2019: €978 after a loss of €874 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €305,150
Fixed assets €250,000
Current assets €55,150
Equity and liabilities €305,150
Equity €20,554 ▲ 53.5%
Debt €284,596 ▲ 311%
Debt's share of the balance-sheet total rises from 83.8% to 93.3%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
Current ratio
0.93▼
2018 · 1.19
Debt to equity
10.95
ROE
4.7%▲
2018 · -6.5%
ROA
0.3%▲
2018 · -1.1%
Debt ≤ 1 year
€59,596▼
2018 · €69,264
Debt > 1 year
€225,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 22 lines
Balance sheet Code20182019
Assets
Total assets20/58€82,650€305,150▲
Fixed assets21/28-€250,000
Financial fixed assets28-€250,000
Current assets29/58€82,650€55,150▼
Amounts receivable within one year40/41€60,049€5,045▼
Cash at bank and in hand54/58€19,976€50,105▲
Equity and liabilities
Total equity and liabilities10/49€82,650€305,150▲
Equity10/15€13,386€20,554▲
Contributions10/11€12,400€18,600▲
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€874€94▲
Amounts payable17/49€69,264€284,596▲
Amounts payable after more than one year17-€225,000
Amounts payable within one year42/48€69,264€59,596▼
Trade debts44€28,473€1,295▼
Income statement Code20182019
Turnover70-€2,000
Gross operating margin9900-€848€1,053▲
Operating profit (loss)9901-€874€978▲
Recurring financial charges65-€11
Profit (loss) for the period before taxes9903-€874€967▲
Profit (loss) for the period9904-€874€967▲
Profit (loss) for the period to be appropriated9905-€874€967▲
Line20182019Change
Turnover70-€2,000-
Gross operating margin9900-€848€1,053▲ 224%
Operating profit (loss)9901-€874€978▲ 212%
Recurring financial charges65-€11-
Profit (loss) for the period before taxes9903-€874€967▲ 211%
Profit (loss) for the period9904-€874€967▲ 211%
Profit (loss) for the period to be appropriated9905-€874€967▲ 211%
Line20182019Change
Assets
Total assets20/58€82,650€305,150▲ 269%
Fixed assets21/28-€250,000-
Financial fixed assets28-€250,000-
Current assets29/58€82,650€55,150▼ 33.3%
Amounts receivable within one year40/41€60,049€5,045▼ 91.6%
Cash at bank and in hand54/58€19,976€50,105▲ 151%
Equity and liabilities
Total equity and liabilities10/49€82,650€305,150▲ 269%
Equity10/15€13,386€20,554▲ 53.5%
Contributions10/11€12,400€18,600▲ 50.0%
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€874€94▲ 111%
Amounts payable17/49€69,264€284,596▲ 311%
Amounts payable after more than one year17-€225,000-
Amounts payable within one year42/48€69,264€59,596▼ 14.0%
Trade debts44€28,473€1,295▼ 95.5%
Line20182019Change
Profit (loss) for the period9904-€874€967▲ 211%
Operating cash flow (approximation)-€874€967▲ 211%
Change in cash-€30,129-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
28-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 21-06-2022
2020
27-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial Back to profitnet €967
Net result €967 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
14-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 287 days late
2016
26-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
2015
10-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 10 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 25 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
31-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
10-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

2 mandates
Role Name Tenure
Curator BERNARD TOPPET-HOEGARS
BILZERSTEENWEG 263, 3700 TONGEREN
21-06-2022 → present
Curator PHILIPPE GHESQUIERE
BILZER- STEENWEG 263, 3700 TONGEREN
21-06-2022 → present