IDROPS
BankruptcySummary
The KBO register records for IDROPS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-297k) and a net result of €-409k.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€-297k
2021 · €112k
2020: €96k
2021: €112k
2020 → 2022
Total assets
€714k▼ 5.8%
2021 · €759k
2020: €759k
2021: €759k
2020 → 2022
Net result
€-409k
2021 · €16k
2020: €31k
2021: €16k
2020 → 2022
Working capital
€-162k
2021 · €142k
2020: €309k
2021: €142k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€96k-€112k▲ 16.7%€-297k
Operating result€50k-€21k▼ 58.9%€-376k
Net result€31k-€16k▼ 47.9%€-409k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €376k after €21k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €714k
Fixed assets
€46k ▼ 18.9%
Current assets
€668k ▼ 4.8%
Key figures and ratios
EBITDA
€-355k▼
2021 · €43k
Cash flow
€-388k▼
2021 · €39k
Solvency
-41.5%▼
2021 · 14.8%
Current ratio
0.81▼
2021 · 1.25
Debt to equity
-3.41▼
2021 · 5.76
ROA
-57.2%▼
2021 · 2.1%
Interest coverage
-10.65▼
2021 · 4.41
Debt
€1.01M▲
2021 · €646k
Debt ≤ 1 year
€830k▲
2021 · €560k
Debt > 1 year
€67k▼
2021 · €87k
Staff costs
€576k▼
2021 · €670k
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 · 45 lines
Balance sheet
Code20212022
Assets
Total assets20/58€759k€714k▼
Fixed assets21/28€57k€46k▼
Tangible fixed assets22/27€50k€39k▼
Plant, machinery and equipment23€20k€12k▼
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€14k€19k▲
Financial fixed assets28€7k€7k=
Current assets29/58€702k€668k▼
Amounts receivable within one year40/41€31k€6k▼
Trade receivables40€14k€5k▼
Other amounts receivable41€17k€311▼
Cash at bank and in hand54/58€231k€99k▼
Deferred charges and accrued income490/1€439k€563k▲
Equity and liabilities
Total equity and liabilities10/49€759k€714k▼
Equity10/15€112k€-297k▼
Reserves13€112k€112k=
Profit (loss) carried forward14-€-409k
Amounts payable17/49€646k€1.01M▲
Amounts payable after more than one year17€87k€67k▼
Financial debts170/4€87k€67k▼
Amounts payable within one year42/48€560k€830k▲
Current portion of amounts payable after more than one year42€104k€102k▼
Financial debts43€219k€467k▲
Credit institutions430/8€219k€467k▲
Trade debts44€50k€28k▼
Suppliers440/4€50k€28k▼
Taxes, remuneration and social security45€188k€219k▲
Taxes450/3€1k€26k▲
Remuneration and social security454/9€186k€193k▲
Accrued charges and deferred income492/3-€114k
Income statement
Code20212022
Remuneration, social security and pensions62€670k€576k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Other operating charges640/8€27k€211k▲
Gross operating margin9900€740k€432k▼
Operating profit (loss)9901€21k€-376k▼
Financial income75/76B€5k€170▼
Recurring financial income75€5k€170▼
Financial charges65/66B€10k€33k▲
Recurring financial charges65€10k€33k▲
Profit (loss) for the period before taxes9903€16k€-409k▼
Profit (loss) for the period9904€16k€-409k▼
Profit (loss) for the period to be appropriated9905€16k€-409k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-409k▼
To contributions691€16k-
Social balance
Average headcount (FTE)908713.910.5▼
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
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 235 days late
2022
31-12
Financial
Weakest financial yearnet €-409k ▼2645%
Net result drops to €-409k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €112k ▲16.7%
2 profitable years in a row build equity to €112k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Gent
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.
Klokstraat 299050 GentGround area
546 m²
Building footprint
129 m²
Volume, LiDAR
1,121 m³
Parcel 44022A0400/00F005, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0400/00F005 | Flanders | 546 m² | 1 · 129 m² | 12.8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 134,764 EUR awarded · 134,764 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -20,728 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 10,200 EUR |
| 2023 | 1 | 103,640 EUR | 82,912 EUR |
| 2022 | 2 | 51,852 EUR | 41,652 EUR |
Schemes
Sociaal-cultureel volwassenenwerk: Projectsubsidie voor een sociaal-cultureel initiatief (Decreet Sociaal-cultureel Volwassenenwerk 2017)
Subsidie voor experimenteel jeugdwerk
Vlaams opleidingsverlof (VOV)
European Union, budget
2022 · 1 entry · 26,895 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 26,895 EUR |
Projects
DIGI-CRAFT - REVIVING HANDICRAFTS THROUGH DIGITAL TECHNOLOGIES
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,182 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 formNon-profit association
Founded09-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
46170Agents in the wholesale of food, beverages and tobacco
56210Event catering
85599Other education
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.