BAMA Belgian Sales
Open bankruptcySummary
A bankruptcy procedure is open for BAMA Belgian Sales according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €158k and a net result of €36k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€158k▲ 29.8%
2021 · €121k
2019: €50k
2020: €84k
2021: €121k
2019 → 2022
Total assets
€330k▲ 24.2%
2021 · €266k
2019: €303k
2020: €208k
2021: €266k
2019 → 2022
Net result
€36k▼ 3.8%
2021 · €38k
2019: €31k
2020: €34k
2021: €38k
2019 → 2022
Working capital
€136k▲ 29.8%
2021 · €105k
2019: €10k
2020: €47k
2021: €105k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€50k-€84k▲ 68.4%€121k▲ 44.9%€158k▲ 29.8%
Operating result€63k-€48k▼ 23.3%€55k▲ 13.1%€55k▲ 1.2%
Net result€31k-€34k▲ 9.1%€38k▲ 10.7%€36k▼ 3.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 1% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €330k
Fixed assets
€33k ▼ 1.9%
Current assets
€298k ▲ 27.9%
Equity and liabilities €330k
Equity
€158k ▲ 29.8%
Debt
€173k ▲ 19.5%
Debt's share of the balance-sheet total falls from 54.4% to 52.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2021 · €58k
Cash flow
€40k▼
2021 · €41k
Current ratio
1.84▲
2021 · 1.82
Debt to equity
1.10▼
2021 · 1.19
ROE
23.0%▼
2021 · 31.0%
ROA
11.0%▼
2021 · 14.1%
Interest coverage
12.86▼
2021 · 13.14
Debt ≤ 1 year
€162k▲
2021 · €128k
Income taxes
€15k▲
2021 · €13k
Staff costs
€817k▲
2021 · €810k
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 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€266k€330k▲
Fixed assets21/28€33k€33k▼
Tangible fixed assets22/27€22k€21k▼
Furniture and vehicles24€478€28▼
Other tangible fixed assets26€21k€21k▼
Financial fixed assets28€12k€12k=
Current assets29/58€233k€298k▲
Amounts receivable within one year40/41€129k€289k▲
Trade receivables40€107k€263k▲
Other amounts receivable41€22k€27k▲
Cash at bank and in hand54/58€92k€727▼
Deferred charges and accrued income490/1€12k€8k▼
Equity and liabilities
Total equity and liabilities10/49€266k€330k▲
Equity10/15€121k€158k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€101k€137k▲
Amounts payable17/49€145k€173k▲
Amounts payable within one year42/48€128k€162k▲
Trade debts44€19k€23k▲
Suppliers440/4€19k€23k▲
Taxes, remuneration and social security45€109k€139k▲
Taxes450/3€32k€51k▲
Remuneration and social security454/9€77k€88k▲
Accrued charges and deferred income492/3€17k€11k▼
Income statement
Code20212022
Remuneration, social security and pensions62€810k€817k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€579▼
Gross operating margin9900€869k€877k▲
Operating profit (loss)9901€55k€55k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€50k€51k▲
Income taxes67/77€13k€15k▲
Profit (loss) for the period9904€38k€36k▼
Profit (loss) for the period to be appropriated9905€38k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€137k▲
Profit (loss) brought forward from the previous period14P€63k€101k▲
Social balance
Average headcount (FTE)90875.85.8=
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
2024
26-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · BAMA BELGIAN SALES BV GENTSE STEENWEG 299, 9300 AALST · event 20-06-2024
22-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 175 days late
2022
31-12
Financial
Equity above €150kEq €158k ▲29.8%
4 profitable years in a row build equity to €158k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2019net €38k ▲10.7%
Net result €38k, the highest in the series.
31-12
Financial
Equity above €100kEq €121k ▲44.9%
3 profitable years in a row build equity to €121k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
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
Registered office, Aalst · 1 establishment unit since 2018
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.
Gentse steenweg 2999300 AalstGround area
966 m²
Building footprint
171 m²
Volume, LiDAR
1,312 m³
Parcel 41302C0387/00H000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BAMA BELGIAN SALES BVBA Showroom Chicago 411-12
since 20182.286.311.378
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0387/00H000 | Flanders | 966 m² | 1 · 171 m² | 13.1 m · 3 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | RUDY COBBAERT BRUSSELSESTEENWEG 88,
9400 NINOVE |
20-06-2024 → present |
| Curator | BJÖRN GOESSENS CENTRUMLAAN 175, 9400 NINOVE |
20-06-2024 → present |
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Of 3,152 companies in sector 63920 we hold annual accounts for 1,523. 1,232 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
Founded28-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.