COMPLEX
InactiveCOMPLEX was declared bankrupt on 24-01-2023 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 07-01-2025, published in the Belgian State Gazette on 13-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-12-2022, 142 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
142 d late
2019
56 d late
2018
145 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Turnover
€36k
EBIT margin
-305.9%
Net result
€-110k
2019 · €84k
2018: €-10k
2019: €84k▲ +944% vs 2018highest value
2021: €-110klowest value
2018 → 2021
Working capital
€-349
2019 · €107k
2018: €19k
2019: €107k▲ +479% vs 2018highest value
2021: €-349lowest value
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Turnover€36k
Equity€35k-€118k▲ 241%€-37k
2018: €35k
2019: €118k▲ +241% vs 2018highest value
2021: €-37klowest value
Operating result€-3k-€99k€-110k
2018: €-3k
2019: €99k▲ +3304% vs 2018highest value
2021: €-110klowest value
Net result€-10k-€84k€-110k
2018: €-10k
2019: €84k▲ +944% vs 2018highest value
2021: €-110klowest value
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-110k in 2021, compared with €99k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €28k
Fixed assets
€2k ▼ 84.3%
Current assets
€27k ▼ 82.1%
Key figures and ratios
EBITDA
€-105k▼
2019 · €104k
Cash flow
€-105k▼
2019 · €89k
Solvency
-130.4%▼
2019 · 74.0%
Current ratio
0.99▼
2019 · 3.58
Debt to equity
-1.77
ROA
-388.2%▼
2019 · 52.3%
Interest coverage
-612.16
Debt
€65k▲
2019 · €42k
Debt ≤ 1 year
€27k▼
2019 · €42k
Debt > 1 year
€38k
Staff costs
€1k
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 · 2021 against 2019 · 47 lines
Balance sheet
Code20192021
Assets
Total assets20/58€160k€28k▼
Fixed assets21/28€11k€2k▼
Tangible fixed assets22/27€10k€1k▼
Furniture and vehicles24-€1k
Financial fixed assets28€585€585=
Current assets29/58€149k€27k▼
Amounts receivable within one year40/41€130k€22k▼
Trade receivables40-€5k
Other amounts receivable41-€18k
Cash at bank and in hand54/58€19k€4k▼
Equity and liabilities
Total equity and liabilities10/49€160k€28k▼
Equity10/15€118k€-37k▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€98k€-58k▼
Amounts payable17/49€42k€65k▲
Amounts payable after more than one year17-€38k
Financial debts170/4-€38k
Amounts payable within one year42/48€42k€27k▼
Financial debts43-€14
Credit institutions430/8-€14
Trade debts44€19k€9k▼
Suppliers440/4-€9k
Taxes, remuneration and social security45-€13k
Taxes450/3-€8k
Remuneration and social security454/9-€5k
Other amounts payable47/48-€5k
Income statement
Code20192021
Turnover70-€36k
Goods, raw materials, services and sundry goods60/61-€138k
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8-€2k
Gross operating margin9900€105k€-102k▼
Operating profit (loss)9901€99k€-110k▼
Recurring financial income75€0-
Financial charges65/66B-€172
Recurring financial charges65€116€172▲
Profit (loss) for the period before taxes9903€99k€-110k▼
Income taxes67/77€16k-
Profit (loss) for the period9904€84k€-110k▼
Profit (loss) for the period to be appropriated9905€84k€-110k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-58k
Profit (loss) brought forward from the previous period14P-€52k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €36k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €138k | - |
| Remuneration, social security and pensions62 | - | - | €1k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €5k | €5k | - |
| Other operating charges640/8 | - | - | €2k | - |
| Gross operating margin9900 | €5k | €105k | €-102k | - |
| Operating profit (loss)9901 | €-3k | €99k | €-110k | - |
| Recurring financial income75 | - | €0 | - | - |
| Financial charges65/66B | - | - | €172 | - |
| Recurring financial charges65 | €185 | €116 | €172 | - |
| Profit (loss) for the period before taxes9903 | €-3k | €99k | €-110k | - |
| Income taxes67/77 | €7k | €16k | - | - |
| Profit (loss) for the period9904 | €-10k | €84k | €-110k | - |
| Profit (loss) for the period to be appropriated9905 | €-10k | €84k | €-110k | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €56k | €160k | €28k | - |
| Fixed assets21/28 | €16k | €11k | €2k | - |
| Tangible fixed assets22/27 | €16k | €10k | €1k | - |
| Furniture and vehicles24 | - | - | €1k | - |
| Financial fixed assets28 | €585 | €585 | €585 | - |
| Current assets29/58 | €40k | €149k | €27k | - |
| Amounts receivable within one year40/41 | €34k | €130k | €22k | - |
| Trade receivables40 | - | - | €5k | - |
| Other amounts receivable41 | - | - | €18k | - |
| Cash at bank and in hand54/58 | €6k | €19k | €4k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €56k | €160k | €28k | - |
| Equity10/15 | €35k | €118k | €-37k | - |
| Contributions10/11 | €19k | €19k | €19k | - |
| Capital10 | - | - | €19k | - |
| Issued capital100 | - | - | €19k | - |
| Reserves13 | €2k | €2k | €2k | - |
| Non-distributable reserves130/1 | - | - | €2k | - |
| Legal reserve130 | - | - | €2k | - |
| Profit (loss) carried forward14 | €14k | €98k | €-58k | - |
| Amounts payable17/49 | €21k | €42k | €65k | - |
| Amounts payable after more than one year17 | - | - | €38k | - |
| Financial debts170/4 | - | - | €38k | - |
| Amounts payable within one year42/48 | €21k | €42k | €27k | - |
| Financial debts43 | - | - | €14 | - |
| Credit institutions430/8 | - | - | €14 | - |
| Trade debts44 | €9k | €19k | €9k | - |
| Suppliers440/4 | - | - | €9k | - |
| Taxes, remuneration and social security45 | - | - | €13k | - |
| Taxes450/3 | - | - | €8k | - |
| Remuneration and social security454/9 | - | - | €5k | - |
| Other amounts payable47/48 | - | - | €5k | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €84k | €-110k | - |
| + Depreciation and write-downs630 | €7k | €5k | €5k | - |
| Operating cash flow (approximation) | €-3k | €89k | €-105k | - |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €13k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 07-01-2025
2023
30-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 24-01-2023
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 142 days late
2021
31-12
Financial
Weakest financial yearnet €-110k
Net result drops to €-110k, the lowest in the series.
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Back to profitnet €84k
Net result €84k after one loss-making year.
31-12
Financial
Equity above €100kEq €118k ▲241%
Equity rises from €35k to €118k.
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 145 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF BENIJTS LIERSEWEG 271-273,
2200 HERENTALS |
24-01-2023 → 07-01-2025 |
| Curator | PHILIP SOMERS LIER-
SEWEG 271-273, 2200 HERENTALS |
24-01-2023 → 07-01-2025 |
| Curator | VEERLE
VERHAEGEN STEENWEG OP ZEVENDONK 60, 2300 TURNHOUT- |
24-01-2023 → 07-01-2025 |