AB PERFORMANCE
InactiveAB PERFORMANCE was declared bankrupt on 12-05-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 21-03-2023, published in the Belgian State Gazette on 07-04-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 06-09-2020, 37 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
37 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2019, micro schema
Turnover
€59k
EBIT margin
0.9%
Net result
€316
2018 · €-10k
Working capital
€-19k▲ 14.7%
2018 · €-23k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Turnover€59k
Operating result€-9k-€552
Net result€-10k-€316
EBIT margin0.9%
Equity€-23k-€-22k▲ 1.4%
Total assets€13k-€38k▲ 186%
Debt€36k-€61k▲ 68.4%
Working capital€-23k-€-19k▲ 14.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €552 after a loss of €9k in 2018.
Key figures and ratios
Solvency
-58.2%▲
2018 · -168.9%
Current ratio
0.67▲
2018 · 0.37
Quick ratio
0.51▲
2018 · 0.08
Debt to equity
-0.13
ROA
0.8%▲
2018 · -71.6%
Debt ≤ 1 year
€58k▲
2018 · €36k
Debt > 1 year
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | - | €59k | - |
| Gross operating margin9900 | €-2k | €2k | ▲ 221% |
| Operating profit (loss)9901 | €-9k | €552 | ▲ 106% |
| Recurring financial income75 | €4 | - | - |
| Recurring financial charges65 | €538 | €235 | ▼ 56.3% |
| Profit (loss) for the period before taxes9903 | €-10k | €316 | ▲ 103% |
| Profit (loss) for the period9904 | €-10k | €316 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €316 | ▲ 103% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13k | €38k | ▲ 186% |
| Current assets29/58 | €13k | €38k | ▲ 186% |
| Stocks and contracts in progress3 | €11k | €9k | ▼ 16.6% |
| Amounts receivable within one year40/41 | €2k | €29k | ▲ 1,795% |
| Cash at bank and in hand54/58 | €651 | €82 | ▼ 87.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13k | €38k | ▲ 186% |
| Equity10/15 | €-23k | €-22k | ▲ 1.4% |
| Contributions10/11 | €19k | €19k | = |
| Reserves13 | €2k | €2k | = |
| Profit (loss) carried forward14 | €-43k | €-43k | ▲ 0.7% |
| Amounts payable17/49 | €36k | €61k | ▲ 68.4% |
| Amounts payable after more than one year17 | - | €3k | - |
| Amounts payable within one year42/48 | €36k | €58k | ▲ 60.0% |
| Trade debts44 | €16k | €31k | ▲ 97.9% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €316 | ▲ 103% |
| Operating cash flow (approximation) | €-10k | €316 | ▲ 103% |
| Change in cash | - | €-569 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2023
07-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-03-2023
2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-05-2022
2020
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 37 days late
2019
31-12
Financial
Back to profitnet €316
Net result €316 after one loss-making year.
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 148 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
14-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
06-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 6 days late
2012
21-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 21 days late
2011
14-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICK PEETERS NOORDERLAAN 98,
2030 ANTWERPEN 3 |
12-05-2022 → 21-03-2023 |