ZENSATION
InactiveZENSATION was declared bankrupt on 22-12-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 19-01-2026, published in the Belgian State Gazette on 26-01-2026.
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 · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 17-11-2022, 109 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
109 d late
2020
138 d late
2019
242 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-66k▼ 174%
2020 · €-24k
2018: €-9k
2019: €-17k
2020: €-24k
2018 → 2021
Total assets
€43k▼ 66.4%
2020 · €128k
2018: €133k
2019: €124k
2020: €128k
2018 → 2021
Net result
€-42k▼ 521%
2020 · €-7k
2019: €-9k
2020: €-7k
2019 → 2021
Working capital
€-80k▲ 32.1%
2020 · €-118k
2018: €-118k
2019: €-118k
2020: €-118k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-9k-€-17k▼ 95.4%€-24k▼ 38.9%€-66k▼ 174%
Operating result€-9k€-7k▲ 21.0%€-26k▼ 279%
Net result€-9k€-7k▲ 20.4%€-42k▼ 521%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2021 against €7k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €43k
Fixed assets
€14k ▼ 85.4%
Current assets
€29k ▼ 14.7%
Key figures and ratios
EBITDA
€-23k▼
2020 · €10k
Cash flow
€-39k▼
2020 · €10k
Solvency
-154.4%▼
2020 · -18.9%
Current ratio
0.27▲
2020 · 0.23
Debt to equity
-1.65
ROA
-98.0%▼
2020 · -5.3%
Interest coverage
-116.62
Debt
€109k▼
2020 · €152k
Debt ≤ 1 year
€109k▼
2020 · €152k
Income taxes
€16k
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 · 32 lines
Balance sheet
Code20202021
Assets
Total assets20/58€128k€43k▼
Fixed assets21/28€94k€14k▼
Tangible fixed assets22/27€94k€14k▼
Furniture and vehicles24-€14k
Current assets29/58€34k€29k▼
Amounts receivable within one year40/41€32k€1k▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€2k€28k▲
Equity and liabilities
Total equity and liabilities10/49€128k€43k▼
Equity10/15€-24k€-66k▼
Contributions10/11-€21k
Profit (loss) carried forward14€-45k€-87k▼
Amounts payable17/49€152k€109k▼
Amounts payable within one year42/48€152k€109k▼
Trade debts44€6k€21k▲
Suppliers440/4-€21k
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48-€77k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€3k▼
Other operating charges640/8-€3k
Gross operating margin9900€11k€-20k▼
Operating profit (loss)9901€-7k€-26k▼
Recurring financial income75€21-
Financial charges65/66B-€195
Recurring financial charges65€67€195▲
Profit (loss) for the period before taxes9903€-7k€-26k▼
Income taxes67/77-€16k
Profit (loss) for the period9904€-7k€-42k▼
Profit (loss) for the period to be appropriated9905€-7k€-42k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-87k
Profit (loss) brought forward from the previous period14P-€-45k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ZENSATION BVBA WAARLOOSSTEENWEG 16, 2570 DUFFEL · event 19-01-2026
2023
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ZENSATION BVBA WAAR- LOOSSTEENWEG 16, 2570 DUFFEL · event 22-12-2023
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 138 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 242 days late
2020
20-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 204 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 569 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 358 days late
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 240 days late
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 21 days late
2014
04-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 4 days late
2013
27-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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 | ELKE VAN WEERDT TEMSESTEENWEG 2,
2880 BORNEM |
22-12-2023 → 19-01-2026 |