WORLD BOTANICAL PRODUCTS
Open bankruptcyA bankruptcy procedure is open for WORLD BOTANICAL PRODUCTS according to publications in the Belgian State Gazette; curator: SOPHIE HUART.
Summary
The file additionally contains 1 administrative flag.
Inactive; last annual accounts for fiscal year 2021.
Signals
Four 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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 06-07-2022, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
25 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€79k
2020 · €-1.61M
2018: €-30k
2019: €39k
2020: €-1.61M
2018 → 2021
Working capital
€-2.96M▲ 4.2%
2020 · €-3.09M
2018: €-3.40M
2019: €-3.32M
2020: €-3.09M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-2.25M-€-2.21M▲ 1.7%€-3.88M▼ 75.0%€-3.80M▲ 2.0%
Operating result€-56k-€188k€214k▲ 14.1%€174k▼ 18.7%
Net result€-30k-€39k€-1.61M€79k
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 19% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €207k
Fixed assets
€23k ▼ 1.3%
Current assets
€184k ▲ 77.3%
Key figures and ratios
EBITDA
€175k▼
2020 · €215k
Cash flow
€79k▲
2020 · €-1.61M
Current ratio
0.06▲
2020 · 0.03
Debt to equity
-1.05▼
2020 · -0.21
ROA
38.2%
Interest coverage
1.71
Debt
€4.00M=
2020 · €4.00M
Debt ≤ 1 year
€3.14M▼
2020 · €3.19M
Debt > 1 year
€860k▲
2020 · €810k
A ratio outside any meaningful range has been withheld (balance sheet total €207k, equity €-3.80M).
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 · 40 lines
Balance sheet
Code20202021
Assets
Total assets20/58€127k€207k▲
Fixed assets21/28€23k€23k▼
Tangible fixed assets22/27€582€291▼
Furniture and vehicles24-€291
Financial fixed assets28€22k€22k=
Current assets29/58€104k€184k▲
Amounts receivable within one year40/41€104k€160k▲
Trade receivables40-€43k
Other amounts receivable41-€116k
Cash at bank and in hand54/58€529€23k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€127k€207k▲
Equity10/15€-3.88M€-3.80M▲
Contributions10/11-€219k
Reserves13€22k€22k=
Non-distributable reserves130/1-€22k
Reserves not available under the articles1311-€22k
Profit (loss) carried forward14€-4.12M€-4.04M▲
Amounts payable17/49€4.00M€4.00M=
Amounts payable after more than one year17€810k€860k▲
Financial debts170/4-€860k
Amounts payable within one year42/48€3.19M€3.14M▼
Financial debts43-€2.31M
Credit institutions430/8-€2.31M
Trade debts44€815k€785k▼
Suppliers440/4-€785k
Other amounts payable47/48-€48k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€291€291=
Gross operating margin9900€509k€175k▼
Operating profit (loss)9901€214k€174k▼
Financial income75/76B-€7k
Recurring financial income75€3k€7k▲
Financial charges65/66B-€102k
Recurring financial charges65€1.83M€102k▼
Profit (loss) for the period before taxes9903€-1.61M€79k▲
Income taxes67/77€5-
Profit (loss) for the period9904€-1.61M€79k▲
Profit (loss) for the period to be appropriated9905€-1.61M€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-4.04M
Profit (loss) brought forward from the previous period14P-€-4.12M
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-05
KBO administration
Address struck
Avenue Louise 54 1050 Het adres van de zetel Louizalaan 54 1050 Die Sitzadresse Avenue Louise / Louizalaan
Ixelles · event 11-05-2025
2023
11-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · WORLD BOTANICAL PRODUCTS SRL AVENUE LOUISE 54, 1050 IXELLES · event 03-04-2023
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-1.61M ▼4230%
Net result drops to €-1.61M, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 89 days late
Show earlier events
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 153 days late
2014
26-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 118 days late
2013
16-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 77 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES |
03-04-2023 → present |
Structure & network
Ownership & control
1 subsidiaryWORLD BOTANICAL PRODUCTSBE 0465.353.342
controls
Where this company holds controlsubsidiary per the LEI register1
Brussels · LEI lapsed
Recognitions · licences · registrations
Legal Entity Identifier
549300KD14G2NVMRXZ02
Company data · Crossroads Bank
Identification
Legal formSRL
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filings
Scores and ratios are computed by Checked and are not a credit decision.