YOULAND & RINAS
InactiveYOULAND & RINAS was declared bankrupt on 31-05-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 22-08-2023, published in the Belgian State Gazette on 29-08-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○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 · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-11-2021, 117 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
117 d late
2019
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2019 · €12k
2018: €187
2019: €12k
2018 → 2020
Working capital
€657
2019 · €-3k
2018: €86
2019: €-3k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€31k-€43k▲ 37.9%€37k▼ 13.9%
Operating result€187-€12k▲ 6,451%€-6k
Net result€187-€12k▲ 6,248%€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €6k after €12k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €74k
Fixed assets
€37k▼ 20.2%
Current assets
€37k▲ 467%
Equity and liabilities €74k
Equity
€37k▼ 13.9%
Debt
€36k▲ 301%
The debt ratio rises from 17.4% to 49.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2019 · €21k
Cash flow
€3k▼
2019 · €21k
Solvency
50.6%▼
2019 · 82.6%
Current ratio
1.02▲
2019 · 0.72
Quick ratio
0.93▲
2019 · 0.37
ROE
-16.2%▼
2019 · 27.5%
ROA
-8.2%▼
2019 · 22.7%
Debt
€36k▲
2019 · €9k
Debt ≤ 1 year
€36k▲
2019 · €9k
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
Balance sheet
Code20192020
Assets
Total assets20/58€52k€74k▲
Fixed assets21/28€46k€37k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€33k€25k▼
Financial fixed assets28€8k€8k=
Current assets29/58€7k€37k▲
Stocks and contracts in progress3€3k€3k=
Amounts receivable within one year40/41-€26k
Cash at bank and in hand54/58€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€52k€74k▲
Equity10/15€43k€37k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€25k€19k▼
Amounts payable17/49€9k€36k▲
Amounts payable within one year42/48€9k€36k▲
Trade debts44€3k€19k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Gross operating margin9900€39k€9k▼
Operating profit (loss)9901€12k€-6k▼
Recurring financial charges65€380€210▼
Profit (loss) for the period before taxes9903€12k€-6k▼
Profit (loss) for the period9904€12k€-6k▼
Profit (loss) for the period to be appropriated9905€12k€-6k▼
Timeline · acts, filings and financial milestones
2023
29-08
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · YOULAND & RINAS BV NEGENDE LINIELAAN 35, 1000 BRUSSEL · event 22-08-2023
2022
03-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · YOULAND & RINAS BV NEGENDE LINIELAAN 35, 1000 BRUSSEL · event 31-05-2022
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 117 days late
2020
31-12
Financial
Weakest financial yearnet €-6k ▼151%
Net result drops to €-6k, the lowest in the series.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Highest result since 2018net €12k ▲6248%
Operating result €12k, net result €12k, both a record.
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 140 days late
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 111 days late
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 305 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
31-05-2022 → present |