ALL-TECH GENK
Open bankruptcySummary
A bankruptcy procedure is open for ALL-TECH GENK according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2022 annual accounts show equity of €254k and a net result of €158k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 21-12-2022, 41 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
41 d early
2021
on the day
2020
2 d early
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€254k▼ 22.0%
2021 · €326k
2019: €34k
2020: €120k
2021: €326k
2019 → 2022
Total assets
€1.40M▲ 47.7%
2021 · €948k
2019: €892k
2020: €1.38M
2021: €948k
2019 → 2022
Net result
€158k▼ 22.9%
2021 · €205k
2019: €-3k
2020: €87k
2021: €205k
2019 → 2022
Working capital
€346k▼ 0.2%
2021 · €346k
2019: €105k
2020: €90k
2021: €346k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€34k-€120k▲ 255%€326k▲ 171%€254k▼ 22.0%
Operating result€9k-€136k▲ 1,338%€274k▲ 101%€219k▼ 20.3%
Net result€-3k-€87k€205k▲ 137%€158k▼ 22.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 20% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.40M
Fixed assets
€21k ▼ 30.6%
Current assets
€1.38M ▲ 50.3%
Equity and liabilities €1.40M
Equity
€254k ▼ 22.0%
Debt
€1.15M ▲ 84.2%
Debt's share of the balance-sheet total rises from 65.6% to 81.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€238k▼
2021 · €301k
Cash flow
€178k▼
2021 · €232k
Current ratio
1.33▼
2021 · 1.61
Debt to equity
4.51▲
2021 · 0.16
ROE
62.3%▼
2021 · 63.0%
ROA
11.3%▼
2021 · 21.7%
Interest coverage
16.90
Debt ≤ 1 year
€1.03M▲
2021 · €571k
Debt > 1 year
€113k▲
2021 · €51k
Income taxes
€55k▲
2021 · €53k
Staff costs
€113k
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 · 2022 against 2021 · 53 lines
Balance sheet
Code20212022
Assets
Total assets20/58€948k€1.40M▲
Fixed assets21/28€31k€21k▼
Tangible fixed assets22/27€28k€19k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24-€12k
Leasing and similar rights25-€7k
Financial fixed assets28€3k€3k=
Current assets29/58€918k€1.38M▲
Amounts receivable within one year40/41€893k€1.31M▲
Trade receivables40-€977k
Other amounts receivable41-€334k
Cash at bank and in hand54/58€25k€68k▲
Equity and liabilities
Total equity and liabilities10/49€948k€1.40M▲
Equity10/15€326k€254k▼
Contributions10/11-€19k
Reserves13€17k€236k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€234k
Profit (loss) carried forward14€290k-
Amounts payable17/49€623k€1.15M▲
Amounts payable after more than one year17€51k€113k▲
Financial debts170/4-€113k
Amounts payable within one year42/48€571k€1.03M▲
Current portion of amounts payable after more than one year42-€117k
Financial debts43-€375k
Credit institutions430/8-€375k
Trade debts44€77k€95k▲
Suppliers440/4-€95k
Taxes, remuneration and social security45-€96k
Taxes450/3-€91k
Remuneration and social security454/9-€5k
Other amounts payable47/48-€350k
Income statement
Code20212022
Remuneration, social security and pensions62-€113k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€19k▼
Other operating charges640/8-€3k
Non-recurring operating charges66A-€3k
Gross operating margin9900€518k€358k▼
Operating profit (loss)9901€274k€219k▼
Financial income75/76B-€9k
Recurring financial income75€277€9k▲
Financial charges65/66B-€14k
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€258k€214k▼
Income taxes67/77€53k€55k▲
Profit (loss) for the period9904€205k€158k▼
Profit (loss) for the period to be appropriated9905€205k€158k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€449k
Profit (loss) brought forward from the previous period14P-€290k
Transfer to equity691/2-€219k
To other reserves6921-€219k
Profit to be distributed694/7-€230k
Return on contributions (dividend)694-€230k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
16-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · ALL-TECH GENK BV SLAM- STRAAT 9, 3600 GENK · event 07-11-2023
30-05
Interim measure
Provisional administrator
Ondernemingsrechtbank Antwerpen · i 2023, werden meesters Tom Arts, en Geert Reniers, en Ilona Lo Giudice
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €205k ▲137%
Operating result €274k, net result €205k, both a record.
30-06
Financial
Equity above €200kEq €326k ▲171%
2 profitable years in a row build equity to €326k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
30-06
Financial
Equity above €100kEq €120k ▲255%
Equity rises from €34k to €120k.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
Registered office, Genk · 1 establishment unit since 2017
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.
Slamstraat 93600 GenkGround area
3,145 m²
Building footprint
1,226 m²
Volume, LiDAR
10 m³
Parcel 71308A0818/00E287, Flanders · tallest building 0.9 m. Linked by address, not a title deed.
1 establishment unit
All-Tech
since 20172.260.554.811
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71308A0818/00E287 | Flanders | 3,145 m² | 1 · 1,226 m² | 0.9 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
4 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOM ARTS JAARBEURSLAAN 19, 3600 GENK- |
07-11-2023 → present |
| Curator | GEERT RENIERS JAARBEURSLAAN 19,
3600 GENK |
07-11-2023 → present |
| Curator | ILONA LO GIUDICE JAAR-
BEURSLAAN 19, 3600 GENK |
07-11-2023 → present |
| Interim administrator | i 2023, werden meesters Tom Arts, en Geert Reniers, en Ilona Lo Giudice | 30-05-2023 → present |
Recognitions · licences · registrations
Dual-learning approval
9 endedElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
Monteur centrale verwarming (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Residentieel elektrotechnisch installateur (so)
Show 3 more
Sanitair installateur (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Vakman installatietechnieken (vwo)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,881 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2017
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
43990Other specialised construction activities
46836Wholesale trade
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.