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XYLOWATT

Inactive
KBO/BCE: BE 0474.220.231

XYLOWATT was declared bankrupt on 25-01-2021 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 15-05-2023, published in the Belgian State Gazette on 24-05-2023.

Summary

Inactive; last annual accounts for fiscal year 2019.

XYLOWATTInactive

Overview

Activity
Activity not known
Size
€1.5mturnover 2019
Staff
13.3 FTE
Equity
€604,543
Loss
-€2.5m
Financial health
Inactive: no score
Structure
Accounts 1892 d overdue0 of 35 deeds read
SignalsPrior bankruptcyNo filing for yearsA punctual record breaksShow the evidence

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
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 deadline05-10-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 12-10-2020, 73 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2019
73 d late
2018
65 d early
2017
35 d early
2016
75 d early
2015
65 d early
2014
60 d early
2013
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 36 days before the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% 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
  1. Bankruptcy closure (by liquidation)Tribunal de l’entreprise du Brabant…
  2. OpeningTribunal de l’entreprise du Brabant…
  3. Annual accounts filedfiscal year 2019 · full…

Key points

  • Risk: No longer active Inactive View
  • Positive: Turnover rose in 2019from €224,284 to €1.5m ▲ 590% View
  • Turnover 20192 fiscal years filed €1.5m View

By topic

Financials

Fiscal year
2019
Turnover
€1.5m
Loss
-€2.5m
Solvency
10.4%
Turnover▲ 590%
Net result
20182019
Go to Financials

Timeline

Events
12
Since
2011
  1. 24-05-2023Bankruptcy closure (by liquidation)
  2. 18-02-2021Opening
  3. 12-10-2020Annual accounts filed
Go to Timeline