ART ISSIMO
Open bankruptcyA bankruptcy procedure is open for ART ISSIMO according to publications in the Belgian State Gazette; curator: GERARD LEPLAT.
Summary
The 2019 annual accounts show equity of €16k and a net result of €10k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▲ 965%
2018 · €951
2018: €951
2018 → 2019
Working capital
€6k
2018 · €-8k
2018: €-8k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€6k-€16k▲ 181%
Operating result€2k-€10k▲ 469%
Net result€951-€10k▲ 965%
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 469% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €18k
Fixed assets
€10k ▼ 24.1%
Current assets
€7k ▲ 61.9%
Equity and liabilities €18k
Equity
€16k ▲ 181%
Debt
€2k ▼ 85.0%
Debt's share of the balance-sheet total falls from 68.9% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2018 · €5k
Cash flow
€13k▲
2018 · €5k
Current ratio
3.95▲
2018 · 0.37
ROE
64.4%▲
2018 · 16.9%
ROA
57.5%▲
2018 · 5.3%
Debt ≤ 1 year
€2k▼
2018 · €12k
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 · 2019 against 2018 · 22 lines
Balance sheet
Code20182019
Assets
Total assets20/58€18k€18k▼
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€13k€10k▼
Current assets29/58€5k€7k▲
Stocks and contracts in progress3€192-
Amounts receivable within one year40/41€2k€2k▲
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€18k€18k▼
Equity10/15€6k€16k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-16k€-6k▲
Amounts payable17/49€12k€2k▼
Amounts payable within one year42/48€12k€2k▼
Trade debts44-€204
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Gross operating margin9900€7k€13k▲
Operating profit (loss)9901€2k€10k▲
Recurring financial charges65€830-
Profit (loss) for the period before taxes9903€951€10k▲
Profit (loss) for the period9904€951€10k▲
Profit (loss) for the period to be appropriated9905€951€10k▲
Timeline · acts, filings and financial milestones
2024
26-04
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 22-04-2024
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 108 days late
2019
31-12
Financial
Liquidity times 11current ratio 3.95
Current ratio from 0.37 to 3.95; short-term debt falls from €12k to €2k.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 69 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 36 days late
2015
01-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 62 days late
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 20 days late
2012
16-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
27-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Nivelles
Ground area
330 m²
Building footprint
82 m²
Volume, LiDAR
1,147 m³
Parcel 25782D0941/00V000, Wallonia · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782D0941/00V000 | Wallonia | 330 m² | 1 · 82 m² | 16.8 m · 5 fl. |
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERARD LEPLAT CHAUSSEE DE LOUVAIN 241,
1410 WATERLOO |
22-04-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-12-2008
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.