WOOM IMMO
Open bankruptcyA bankruptcy procedure is open for WOOM IMMO according to publications in the Belgian State Gazette; curator: EMILIE MICHEL.
Summary
Inactive; last annual accounts for fiscal year 2021.
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 31-12-2022, 4 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 · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 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
29 d late
2020
59 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-87k
2020 · €2k
2019: €15khighest in 3 years
2020: €2k▼ -86.9% vs 2019
2021: €-87k▼ -4528% vs 2020lowest in 3 years
2019 → 2021
Working capital
€-54k
2020 · €29k
2019: €21k
2020: €29k▲ +34.8% vs 2019highest in 3 years
2021: €-54k▼ -288% vs 2020lowest in 3 years
2019 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€34k-€36k▲ 5.8%€-51k
2019: €34k
2020: €36k▲ +5.8% vs 2019highest in 3 years
2021: €-51k▼ -244% vs 2020lowest in 3 years
Operating result€22k-€6k▼ 71.3%€-86k
2019: €22khighest in 3 years
2020: €6k▼ -71.3% vs 2019
2021: €-86k▼ -1446% vs 2020lowest in 3 years
Net result€15k-€2k▼ 86.9%€-87k
2019: €15khighest in 3 years
2020: €2k▼ -86.9% vs 2019
2021: €-87k▼ -4528% vs 2020lowest in 3 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €86k after €6k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €334k
Fixed assets
€3k ▼ 55.8%
Current assets
€331k ▼ 33.3%
Key figures and ratios
EBITDA
€-83k▼
2020 · €10k
Cash flow
€-84k▼
2020 · €5k
Solvency
-15.3%▼
2020 · 7.0%
Current ratio
0.86▼
2020 · 1.06
Quick ratio
0.00▼
2020 · 0.36
Debt to equity
-7.55
ROA
-25.9%▼
2020 · 0.4%
Interest coverage
-335.80
Debt
€385k▼
2020 · €468k
Debt ≤ 1 year
€385k▼
2020 · €468k
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 · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€504k€334k▼
Fixed assets21/28€7k€3k▼
Intangible fixed assets21€287-
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23-€3k
Financial fixed assets28€750-
Current assets29/58€497k€331k▼
Stocks and contracts in progress3€331k€331k=
Stocks30/36-€331k
Amounts receivable within one year40/41€104k-
Cash at bank and in hand54/58€62k-
Deferred charges and accrued income490/1-€624
Equity and liabilities
Total equity and liabilities10/49€504k€334k▼
Equity10/15€36k€-51k▼
Contributions10/11-€19k
Reserves13€748€748=
Non-distributable reserves130/1-€748
Reserves not available under the articles1311-€748
Profit (loss) carried forward14€16k€-70k▼
Amounts payable17/49€468k€385k▼
Amounts payable within one year42/48€468k€385k▼
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€14k€4k▼
Suppliers440/4-€4k
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48-€369k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8-€738
Gross operating margin9900€10k€-83k▼
Operating profit (loss)9901€6k€-86k▼
Financial income75/76B-€10
Recurring financial income75€54€10▼
Financial charges65/66B-€248
Recurring financial charges65€4k€248▼
Profit (loss) for the period before taxes9903€3k€-87k▼
Income taxes67/77€843-
Profit (loss) for the period9904€2k€-87k▼
Profit (loss) for the period to be appropriated9905€2k€-87k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-70k
Profit (loss) brought forward from the previous period14P-€16k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | ▼ 3.3% |
| Other operating charges640/8 | - | - | €738 | - |
| Gross operating margin9900 | €30k | €10k | €-83k | ▼ 922% |
| Operating profit (loss)9901 | €22k | €6k | €-86k | ▼ 1,446% |
| Financial income75/76B | - | - | €10 | - |
| Recurring financial income75 | €0 | €54 | €10 | ▼ 82.0% |
| Financial charges65/66B | - | - | €248 | - |
| Recurring financial charges65 | €1k | €4k | €248 | ▼ 93.2% |
| Profit (loss) for the period before taxes9903 | €21k | €3k | €-87k | ▼ 3,194% |
| Income taxes67/77 | €6k | €843 | - | - |
| Profit (loss) for the period9904 | €15k | €2k | €-87k | ▼ 4,528% |
| Profit (loss) for the period to be appropriated9905 | €15k | €2k | €-87k | ▼ 4,528% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €373k | €504k | €334k | ▼ 33.6% |
| Fixed assets21/28 | €12k | €7k | €3k | ▼ 55.8% |
| Intangible fixed assets21 | €631 | €287 | - | - |
| Tangible fixed assets22/27 | €8k | €6k | €3k | ▼ 47.8% |
| Plant, machinery and equipment23 | - | - | €3k | - |
| Financial fixed assets28 | €4k | €750 | - | - |
| Current assets29/58 | €361k | €497k | €331k | ▼ 33.3% |
| Stocks and contracts in progress3 | €292k | €331k | €331k | = |
| Stocks30/36 | - | - | €331k | - |
| Amounts receivable within one year40/41 | - | €104k | - | - |
| Cash at bank and in hand54/58 | €60k | €62k | - | - |
| Deferred charges and accrued income490/1 | - | - | €624 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €373k | €504k | €334k | ▼ 33.6% |
| Equity10/15 | €34k | €36k | €-51k | ▼ 244% |
| Contributions10/11 | €19k | - | €19k | - |
| Reserves13 | €748 | €748 | €748 | = |
| Non-distributable reserves130/1 | - | - | €748 | - |
| Reserves not available under the articles1311 | - | - | €748 | - |
| Profit (loss) carried forward14 | €14k | €16k | €-70k | ▼ 536% |
| Amounts payable17/49 | €339k | €468k | €385k | ▼ 17.7% |
| Amounts payable within one year42/48 | €339k | €468k | €385k | ▼ 17.7% |
| Financial debts43 | - | - | €1k | - |
| Credit institutions430/8 | - | - | €1k | - |
| Trade debts44 | €51k | €14k | €4k | ▼ 74.1% |
| Suppliers440/4 | - | - | €4k | - |
| Taxes, remuneration and social security45 | - | - | €11k | - |
| Taxes450/3 | - | - | €11k | - |
| Other amounts payable47/48 | - | - | €369k | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €2k | €-87k | ▼ 4,528% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | ▼ 3.3% |
| Operating cash flow (approximation) | €17k | €5k | €-84k | ▼ 1,742% |
| Investment in fixed assets (approximation) | - | €2k | €750 | ▼ 67.9% |
| Change in cash | - | €3k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
13-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 06-02-2023
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
06-02-2023 → present |