GATELER
Open bankruptcyA bankruptcy procedure is open for GATELER according to publications in the Belgian State Gazette; curator: GUILLAUME STOOP.
Summary
The 2021 annual accounts show equity of €531k and a net result of €-507k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 04-11-2021, 4 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 filed
2024
not filed
2023
not filed
2022
not filed
2021
4 d late
2020
1 d early
2019
305 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€531k▼ 48.9%
2020 · €1.04M
2019: €1.14M
2020: €1.04M
2019 → 2021
Total assets
€1.54M▼ 24.7%
2020 · €2.05M
2019: €2.13M
2020: €2.05M
2019 → 2021
Net result
€-507k▼ 399%
2020 · €-102k
2019: €2k
2020: €-102k
2019 → 2021
Working capital
€-491k▼ 4.6%
2020 · €-469k
2019: €23k
2020: €-469k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€1.14M-€1.04M▼ 8.9%€531k▼ 48.9%
Operating result€-7k-€-33k▼ 399%€-1k▲ 96.9%
Net result€2k-€-102k€-507k▼ 399%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2021 against €33k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.54M
Fixed assets
€1.53M ▼ 24.3%
Current assets
€9k ▼ 64.1%
Equity and liabilities €1.54M
Equity
€531k ▼ 48.9%
Debt
€1.01M =
Debt's share of the balance-sheet total rises from 49.4% to 65.6%. Equity is lower.
Key figures and ratios
EBITDA
€-487
Cash flow
€-506k
Current ratio
0.02▼
2020 · 0.05
Debt to equity
0.96▲
2020 · 0.49
ROE
-95.5%▼
2020 · -9.8%
ROA
-32.8%▼
2020 · -5.0%
Debt ≤ 1 year
€500k▲
2020 · €494k
Debt > 1 year
€509k=
2020 · €509k
Income taxes
€2k▼
2020 · €409k
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 2020 · 24 lines
Balance sheet
Code20202021
Assets
Total assets20/58€2.05M€1.54M▼
Fixed assets21/28€2.03M€1.53M▼
Tangible fixed assets22/27-€9k
Financial fixed assets28€2.03M€1.53M▼
Current assets29/58€25k€9k▼
Amounts receivable within one year40/41€19k€6k▼
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.05M€1.54M▼
Equity10/15€1.04M€531k▼
Reserves13€5k€5k=
Profit (loss) carried forward14€532k€25k▼
Amounts payable17/49€1.01M€1.01M=
Amounts payable after more than one year17€509k€509k=
Amounts payable within one year42/48€494k€500k▲
Trade debts44€6k€20k▲
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€539
Gross operating margin9900€-28k€45k▲
Operating profit (loss)9901€-33k€-1k▲
Recurring financial income75€239€2▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€-84k€-505k▼
Income taxes67/77€409k€2k▼
Profit (loss) for the period9904€-102k€-507k▼
Profit (loss) for the period to be appropriated9905€660k€-507k▼
Timeline · acts, filings and financial milestones
2021
18-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 15-11-2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
31-03
Financial
Weakest financial yearnet €-507k
Net result drops to €-507k, the lowest in the series.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 305 days late
2019
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 104 days late
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
19-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
28-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Sint-Pieters-Woluwe · 1 establishment unit since 2008
Ground area
502 m²
Parcel 21019A0095/00A003, Brussels. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ERGATEL
since 20082.173.060.910
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0095/00A003 | Brussels | 502 m² | - | - |
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 | GUILLAUME STOOP GALERIE DU ROI 27,
1000 BRUXELLES 1 |
15-11-2021 → present |
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,509. 1,944 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 formPublic limited company
Founded10-09-2008
Fiscal year end31-03
Activities, NACEBEL 2025
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.