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ZETAPULSE

Inactive
KBO/BCE: BE 0598.927.983

ZETAPULSE was declared bankrupt on 14-10-2021 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 23-03-2023, published in the Belgian State Gazette on 29-03-2023.

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.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-07-2021, 1 day ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
1 d early
2019
145 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2020, micro schema

Equity
€-129k▼ 22.8%
2019 · €-105k
2018: €-48k 2019: €-105k
2018 → 2020
Total assets
€15k▼ 63.7%
2019 · €41k
2018: €31k 2019: €41k
2018 → 2020
Net result
€-24k▲ 58.2%
2019 · €-58k
2018: €-30k 2019: €-58k
2018 → 2020
Working capital
€-36k▼ 69.3%
2019 · €-21k
2018: €-11k 2019: €-21k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€-48k-€-105k▼ 121%€-129k▼ 22.8%
Operating result€-31k-€-56k▼ 77.3%€-21k▲ 62.1%
Net result€-30k-€-58k▼ 89.7%€-24k▲ 58.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2018: €-31k€-31kNet result 2018: €-30k€-30kOperating result 2019: €-56k€-56kNet result 2019: €-58k€-58kOperating result 2020: €-21k€-21kNet result 2020: €-24k€-24k201820192020
The operating result stays negative: a loss of €21k in 2020 against €56k in 2019; the loss shrinks.
Key figures and ratios
2020 value · change against 2019
EBITDA
€-12k
2019 · €-46k
Cash flow
€-15k
2019 · €-48k
Solvency
-868.7%
2019 · -256.8%
Current ratio
0.29
2019 · 0.60
Quick ratio
0.29
2019 · 0.60
Debt / equity
-0.71
2019 · -0.88
ROA
-161.6%
2019 · -140.5%
Debt
€144k
2019 · €146k
Debt ≤ 1 year
€51k
2019 · €54k
Debt > 1 year
€92k=
2019 · €92k
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€41k€15k
Fixed assets21/28€9k-
Intangible fixed assets21€8k-
Tangible fixed assets22/27€700-
Current assets29/58€32k€15k
Amounts receivable within one year40/41€32k€15k
Cash at bank and in hand54/58€100€100=
Equity and liabilities
Total equity and liabilities10/49€41k€15k
Equity10/15€-105k€-129k
Contributions10/11€305k€305k=
Profit (loss) carried forward14€-410k€-434k
Amounts payable17/49€146k€144k
Amounts payable after more than one year17€92k€92k=
Amounts payable within one year42/48€54k€51k
Trade debts44€4k€4k=
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k
Gross operating margin9900€-45k€-11k
Operating profit (loss)9901€-56k€-21k
Recurring financial income75€119€64
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€-57k€-24k
Income taxes67/77€315-
Profit (loss) for the period9904€-58k€-24k
Profit (loss) for the period to be appropriated9905€-58k€-24k

Download as CSV

Timeline · acts, filings and financial milestones

2023
29-03
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · ZETAPULSE NV MEUGENSLAAN 17, 3010 KESSEL-LO · event 23-03-2023
2021
20-10
Bankruptcy Opening
Ondernemingsrechtbank Leuven · ZETAPULSE NV MEUGENS- LAAN 17, 3010 KESSEL-LO · event 14-10-2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
31-12
Financial Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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

2 mandates
Role Name Tenure
Curator KARL VANSTIPELEN
STATIONSSTRAAT 108 A, 3400 LANDEN
14-10-2021 → present
Curator WINNY TIRMARCHE
STATIONSSTRAAT 108, 3400 LANDEN-
14-10-2021 → present