ANDRE AUDENAERT
InactiveANDRE AUDENAERT was declared bankrupt on 13-06-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 28-04-2025, published in the Belgian State Gazette on 23-05-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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
89 d late
2019
235 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€5.59M▼ 20.9%
2019 · €7.06M
2018: €7.54M
2019: €7.06M
2018 → 2020
EBIT margin
1.7%▲ 0.1pp
2019 · 1.6%
2018: 2.0%
2019: 1.6%
2018 → 2020
Net result
€52k▲ 41.6%
2019 · €37k
2018: €2k
2019: €37k
2018 → 2020
Working capital
€5.86M▲ 53.1%
2019 · €3.83M
2018: €2.27M
2019: €3.83M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€7.54M-€7.06M▼ 6.4%€5.59M▼ 20.9%
Equity€4.07M-€4.10M▲ 0.9%€4.16M▲ 1.3%
Operating result€147k-€113k▼ 23.3%€93k▼ 17.6%
Net result€2k-€37k▲ 2,326%€52k▲ 41.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 18% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €10.63M
Fixed assets
€1.91M ▼ 2.9%
Current assets
€8.72M ▼ 0.8%
Equity and liabilities €10.63M
Equity
€4.16M ▲ 1.3%
Provisions
€190k ▼ 2.4%
Debt
€6.28M ▼ 2.7%
Debt's share of the balance-sheet total falls from 60.0% to 59.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€250k▼
2019 · €838k
Cash flow
€209k▼
2019 · €762k
Current ratio
3.05▲
2019 · 1.77
Debt to equity
0.05▼
2019 · 0.05
ROE
1.2%▲
2019 · 0.9%
ROA
0.5%▲
2019 · 0.3%
Interest coverage
6.51▼
2019 · 24.54
Debt ≤ 1 year
€2.86M▼
2019 · €4.96M
Debt > 1 year
€187k▼
2019 · €190k
Income taxes
€35k▼
2019 · €96k
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 · 2020 against 2019 · 28 lines
Balance sheet
Code20192020
Assets
Total assets20/58€10.76M€10.63M▼
Fixed assets21/28€1.97M€1.91M▼
Tangible fixed assets22/27€754k€697k▼
Financial fixed assets28€1.21M€1.21M=
Current assets29/58€8.79M€8.72M▼
Stocks and contracts in progress3€958k€1.28M▲
Amounts receivable within one year40/41€7.66M€7.08M▼
Cash at bank and in hand54/58€174k€342k▲
Equity and liabilities
Total equity and liabilities10/49€10.76M€10.63M▼
Equity10/15€4.10M€4.16M▲
Contributions10/11€223k-
Reserves13€3.88M€3.93M▲
Profit (loss) carried forward14€1.99M€2.00M▲
Provisions and deferred taxes16€195k€190k▼
Amounts payable17/49€6.46M€6.28M▼
Amounts payable after more than one year17€190k€187k▼
Amounts payable within one year42/48€4.96M€2.86M▼
Trade debts44€4.41M€2.12M▼
Income statement
Code20192020
Turnover70€7.06M€5.59M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€725k€157k▼
Operating profit (loss)9901€113k€93k▼
Recurring financial income75€46k€57k▲
Recurring financial charges65€34k€63k▲
Debt charges650€34k€38k▲
Profit (loss) for the period before taxes9903€124k€87k▼
Income taxes67/77€96k€35k▼
Profit (loss) for the period9904€37k€52k▲
Profit (loss) for the period to be appropriated9905€44k€52k▲
Timeline · acts, filings and financial milestones
2025
23-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · ANDRE AUDENAERT BV VELDMEERSSTRAAT 31, 9270 LAARNE · event 28-04-2025
2022
20-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · ANDRE AUDENAERT BV VELDMEERSSTRAAT 31, 9270 LAARNE · event 13-06-2022
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 235 days late
2020
31-12
Financial
Highest result since 2018net €52k ▲41.6%
Net result €52k, the highest in the series.
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 64 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 323 days late
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 239 days late
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 149 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
17-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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 | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
13-06-2022 → 28-04-2025 |