YOUR MAGAZINE & EVENTS
InactiveYOUR MAGAZINE & EVENTS was declared bankrupt on 17-10-2022 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed for insufficient assets by judgment of 23-10-2023, published in the Belgian State Gazette on 27-10-2023.
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 · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 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 12-08-2022, 12 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
31 d late
2019
27 d early
← 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
€1k
2019 · €-335
2018: €-12k
2019: €-335
2018 → 2021
Working capital
€-1k
2020 · €1k
2018: €6k
2019: €1k
2020: €1k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-3k-€-3k▼ 12.2%€-3k=€-950▲ 69.2%
Operating result€-10k-€4k€2k
Net result€-12k-€-335▲ 97.2%€1k
Result per fiscal year
Operating resultNet result
The operating result is €2k in 2021, compared with €4k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €25k
Fixed assets
€6k ▲ 65.7%
Current assets
€19k ▼ 1.6%
Key figures and ratios
EBITDA
€3k
Cash flow
€2k
Solvency
-3.8%▲
2020 · -13.3%
Current ratio
0.93▼
2020 · 1.07
ROA
4.8%
Interest coverage
8.85
Debt
€26k▼
2020 · €26k
Debt ≤ 1 year
€21k▲
2020 · €18k
Debt > 1 year
€5k▼
2020 · €8k
Income taxes
€283
Equity ratios withheld: equity of €-950 is too small for a meaningful ratio.
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€23k€25k▲
Formation expenses20€219-
Fixed assets21/28€3k€6k▲
Tangible fixed assets22/27€3k€6k▲
Furniture and vehicles24-€6k
Financial fixed assets28€219€219=
Current assets29/58€20k€19k▼
Amounts receivable within one year40/41€17k€4k▼
Trade receivables40-€4k
Cash at bank and in hand54/58€409-
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€23k€25k▲
Equity10/15€-3k€-950▲
Contributions10/11-€6k
Reserves13€457€457=
Non-distributable reserves130/1-€457
Reserves not available under the articles1311-€457
Profit (loss) carried forward14€-10k€-8k▲
Amounts payable17/49€26k€26k▼
Amounts payable after more than one year17€8k€5k▼
Financial debts170/4-€5k
Amounts payable within one year42/48€18k€21k▲
Current portion of amounts payable after more than one year42-€2k
Financial debts43-€809
Credit institutions430/8-€809
Trade debts44€11k€8k▼
Suppliers440/4-€8k
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48-€6k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€889
Gross operating margin9900-€3k
Operating profit (loss)9901-€2k
Financial charges65/66B-€301
Recurring financial charges65-€301
Profit (loss) for the period before taxes9903-€1k
Income taxes67/77-€283
Profit (loss) for the period9904-€1k
Profit (loss) for the period to be appropriated9905-€1k
Appropriation of the result
Profit (loss) to be appropriated9906-€-8k
Profit (loss) brought forward from the previous period14P-€-9k
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
2023
27-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Brabant wallon · YOUR MAGAZINE & EVENTS SRL BOULEVARD DE LA CENSE 15/10, 1410 WATERLOO. déclarée le 17 octobre 2022 · event 23-10-2023
2022
21-10
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · YOUR MAGAZINE & EVENTS SRL BOULEVARD DE LA CENSE 15/10, 1410 WATERLOO · event 17-10-2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
31-12
Financial
Highest result since 2018net €1k
Net result €1k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
04-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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 | MAGALI VANDENBOSSCHE CHAUSSEE DE
TERVUREN 198F, 1410 WATERLOO |
17-10-2022 → 23-10-2023 |