D & P Painting
Open bankruptcySummary
A bankruptcy procedure is open for D & P Painting according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-30k) and a net result of €-4k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€-30k▼ 74.9%
2021 · €-17k
2018: €93k
2019: €21k
2020: €-78k
2021: €-17k
2018 → 2022
Total assets
€427k▼ 10.7%
2021 · €478k
2018: €583k
2019: €716k
2020: €496k
2021: €478k
2018 → 2022
Net result
€-4k
2021 · €61k
2018: €-2k
2019: €-72k
2020: €-99k
2021: €61k
2018 → 2022
Working capital
€64k▼ 71.1%
2021 · €222k
2018: €185k
2019: €198k
2020: €198k
2021: €222k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€93k-€21k▼ 77.4%€-78k€-17k▲ 77.8%€-30k▼ 74.9%
Operating result€19k-€-59k€-90k▼ 51.9%€70k€5k▼ 93.4%
Net result€-2k-€-72k▼ 3,140%€-99k▼ 37.8%€61k€-4k
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 93% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €427k
Fixed assets
€41k ▼ 16.5%
Current assets
€385k ▼ 10.0%
Key figures and ratios
EBITDA
€23k▼
2021 · €94k
Cash flow
€14k▼
2021 · €84k
Solvency
-7.1%▼
2021 · -3.6%
Current ratio
1.20▼
2021 · 2.08
Quick ratio
1.13▼
2021 · 1.66
Debt to equity
-15.07▲
2021 · -28.55
ROA
-0.9%▼
2021 · 12.7%
Interest coverage
2.55▼
2021 · 10.88
Debt
€457k▼
2021 · €495k
Debt ≤ 1 year
€321k▲
2021 · €206k
Debt > 1 year
€136k▼
2021 · €289k
Staff costs
€418k▼
2021 · €426k
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 · 54 lines
Balance sheet
Code20212022
Assets
Total assets20/58€478k€427k▼
Fixed assets21/28€49k€41k▼
Tangible fixed assets22/27€48k€34k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€17k€13k▼
Leasing and similar rights25€25k€16k▼
Financial fixed assets28€2k€7k▲
Current assets29/58€428k€385k▼
Stocks and contracts in progress3€86k€23k▼
Stocks30/36€17k€15k▼
Contracts in progress37€68k€9k▼
Amounts receivable within one year40/41€247k€335k▲
Trade receivables40€235k€200k▼
Other amounts receivable41€12k€136k▲
Cash at bank and in hand54/58€93k€22k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€478k€427k▼
Equity10/15€-17k€-30k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-39k€-52k▼
Amounts payable17/49€495k€457k▼
Amounts payable after more than one year17€289k€136k▼
Financial debts170/4€155k€136k▼
Other amounts payable178/9€134k-
Amounts payable within one year42/48€206k€321k▲
Current portion of amounts payable after more than one year42€23k€19k▼
Trade debts44€145k€145k▲
Suppliers440/4€145k€145k▲
Taxes, remuneration and social security45€23k€8k▼
Taxes450/3€2k-
Remuneration and social security454/9€22k€8k▼
Other amounts payable47/48€15k€149k▲
Income statement
Code20212022
Non-recurring operating income76A€5k€250▼
Remuneration, social security and pensions62€426k€418k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€5k€7k▲
Gross operating margin9900€525k€451k▼
Operating profit (loss)9901€70k€5k▼
Financial income75/76B€7€436▲
Recurring financial income75€7€436▲
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€62k€-4k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€61k€-4k▼
Profit (loss) for the period to be appropriated9905€61k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-52k▼
Profit (loss) brought forward from the previous period14P€-100k€-49k▲
Social balance
Average headcount (FTE)90878.97.8▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
09-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · D & P PAINTING BV SPOOR- WEGLAAN 36, 9140 TEMSE · event 03-04-2024
2023
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 152 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after 3 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-99k
Net result drops to €-99k, the lowest in the series.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
15-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Temse · 1 establishment unit since 2013
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.
Spoorweglaan 369140 TemseGround area
2,755 m²
Building footprint
1,185 m²
Volume, LiDAR
4,986 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D & P Painting
since 20132.217.453.553
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0439/00B000 | Flanders | 2,359 m² | 1 · 1,079 m² | 5.8 m · 2 fl. |
| 46302D1425/00Z002 | Flanders | 396 m² | 1 · 106 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | MARIE-LAURE DE SMEDT ROOMSTRAAT 40,
9160 LOKEREN |
03-04-2024 → present |
| Curator | ANNE-MARIE LAUREYS ROOMSTRAAT 40, 9160 LOKEREN- anne- |
03-04-2024 → present |
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Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 2,078 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 (pre-2019)
Founded25-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.