SENGENTO
InactiveSENGENTO was declared bankrupt on 10-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 09-12-2024, published in the Belgian State Gazette on 13-12-2024.
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 11-08-2022, 11 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
11 d late
2020
4 d early
2019
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€30k▼ 76.0%
2020 · €126k
2018: €-33klowest in 4 years
2019: €-21k▲ +35.2% vs 2018
2020: €126k▲ +686% vs 2019highest in 4 years
2021: €30k▼ -76.0% vs 2020
2018 → 2021
Total assets
€283k▲ 32.3%
2020 · €214k
2018: €29k
2019: €17k▼ -40.9% vs 2018lowest in 4 years
2020: €214k▲ +1161% vs 2019
2021: €283k▲ +32.3% vs 2020highest in 4 years
2018 → 2021
Net result
€-18k
2020 · €149k
2018: €-42klowest in 4 years
2019: €12k▲ +128% vs 2018
2020: €149k▲ +1177% vs 2019highest in 4 years
2021: €-18k▼ -112% vs 2020
2018 → 2021
Working capital
€17k▼ 86.0%
2020 · €121k
2018: €-34klowest in 4 years
2019: €-24k▲ +30.1% vs 2018
2020: €121k▲ +612% vs 2019highest in 4 years
2021: €17k▼ -86.0% vs 2020
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-33k-€-21k▲ 35.2%€126k€30k▼ 76.0%
2018: €-33klowest in 4 years
2019: €-21k▲ +35.2% vs 2018
2020: €126k▲ +686% vs 2019highest in 4 years
2021: €30k▼ -76.0% vs 2020
Operating result€-42k-€12k€182k▲ 1,388%€-16k
2018: €-42klowest in 4 years
2019: €12k▲ +129% vs 2018
2020: €182k▲ +1388% vs 2019highest in 4 years
2021: €-16k▼ -109% vs 2020
Net result€-42k-€12k€149k▲ 1,177%€-18k
2018: €-42klowest in 4 years
2019: €12k▲ +128% vs 2018
2020: €149k▲ +1177% vs 2019highest in 4 years
2021: €-18k▼ -112% vs 2020
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €16k after €182k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €283k
Fixed assets
€13k ▲ 190%
Current assets
€270k ▲ 28.9%
Equity and liabilities €283k
Equity
€30k ▼ 76.0%
Debt
€253k ▲ 186%
Debt's share of the balance-sheet total rises from 41.3% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k▼
2020 · €184k
Cash flow
€-15k▼
2020 · €150k
Current ratio
1.07▼
2020 · 2.37
Debt to equity
8.39
ROE
-58.3%▼
2020 · 118.3%
ROA
-6.2%▼
2020 · 69.4%
Interest coverage
-7.24
Debt ≤ 1 year
€253k▲
2020 · €89k
Income taxes
€199▼
2020 · €33k
Staff costs
€36k
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 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€214k€283k▲
Fixed assets21/28€5k€13k▲
Tangible fixed assets22/27€5k€13k▲
Plant, machinery and equipment23-€12k
Furniture and vehicles24-€1k
Current assets29/58€210k€270k▲
Amounts receivable within one year40/41€194k€270k▲
Trade receivables40-€220k
Other amounts receivable41-€50k
Cash at bank and in hand54/58€15k€157▼
Equity and liabilities
Total equity and liabilities10/49€214k€283k▲
Equity10/15€126k€30k▼
Contributions10/11-€9k
Reserves13€116k€21k▼
Distributable reserves133-€21k
Profit (loss) carried forward14€-42k-
Amounts payable17/49€89k€253k▲
Amounts payable within one year42/48€89k€253k▲
Current portion of amounts payable after more than one year42-€15k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€39k€194k▲
Suppliers440/4-€194k
Taxes, remuneration and social security45-€12k
Taxes450/3-€7k
Remuneration and social security454/9-€5k
Other amounts payable47/48-€28k
Income statement
Code20202021
Remuneration, social security and pensions62-€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8-€386
Gross operating margin9900€188k€22k▼
Operating profit (loss)9901€182k€-16k▼
Financial income75/76B-€592
Recurring financial income75€12€592▲
Financial charges65/66B-€2k
Recurring financial charges65€416€2k▲
Profit (loss) for the period before taxes9903€182k€-17k▼
Income taxes67/77€33k€199▼
Profit (loss) for the period9904€149k€-18k▼
Profit (loss) for the period to be appropriated9905€149k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-18k
Transfer from equity791/2-€18k
Return on contributions (dividend)694€2k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €36k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €973 | €1k | €1k | €2k | ▲ 124% |
| Other operating charges640/8 | - | - | - | €386 | - |
| Gross operating margin9900 | €-41k | €13k | €188k | €22k | ▼ 88.0% |
| Operating profit (loss)9901 | €-42k | €12k | €182k | €-16k | ▼ 109% |
| Financial income75/76B | - | - | - | €592 | - |
| Recurring financial income75 | €334 | €1 | €12 | €592 | ▲ 4,839% |
| Financial charges65/66B | - | - | - | €2k | - |
| Recurring financial charges65 | €459 | €616 | €416 | €2k | ▲ 357% |
| Profit (loss) for the period before taxes9903 | €-42k | €12k | €182k | €-17k | ▼ 110% |
| Income taxes67/77 | - | - | €33k | €199 | ▼ 99.4% |
| Profit (loss) for the period9904 | €-42k | €12k | €149k | €-18k | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | €-42k | €12k | €149k | €-18k | ▼ 112% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €29k | €17k | €214k | €283k | ▲ 32.3% |
| Fixed assets21/28 | €778 | €2k | €5k | €13k | ▲ 190% |
| Tangible fixed assets22/27 | €778 | €2k | €5k | €13k | ▲ 190% |
| Plant, machinery and equipment23 | - | - | - | €12k | - |
| Furniture and vehicles24 | - | - | - | €1k | - |
| Current assets29/58 | €28k | €15k | €210k | €270k | ▲ 28.9% |
| Amounts receivable within one year40/41 | €19k | €12k | €194k | €270k | ▲ 39.4% |
| Trade receivables40 | - | - | - | €220k | - |
| Other amounts receivable41 | - | - | - | €50k | - |
| Cash at bank and in hand54/58 | €9k | €2k | €15k | €157 | ▼ 99.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €29k | €17k | €214k | €283k | ▲ 32.3% |
| Equity10/15 | €-33k | €-21k | €126k | €30k | ▼ 76.0% |
| Contributions10/11 | €9k | €9k | - | €9k | - |
| Reserves13 | - | - | €116k | €21k | ▼ 82.0% |
| Distributable reserves133 | - | - | - | €21k | - |
| Profit (loss) carried forward14 | €-42k | €-31k | €-42k | - | - |
| Amounts payable17/49 | €62k | €38k | €89k | €253k | ▲ 186% |
| Amounts payable within one year42/48 | €62k | €38k | €89k | €253k | ▲ 186% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15k | - |
| Financial debts43 | - | - | - | €5k | - |
| Credit institutions430/8 | - | - | - | €5k | - |
| Trade debts44 | €8k | €300 | €39k | €194k | ▲ 400% |
| Suppliers440/4 | - | - | - | €194k | - |
| Taxes, remuneration and social security45 | - | - | - | €12k | - |
| Taxes450/3 | - | - | - | €7k | - |
| Remuneration and social security454/9 | - | - | - | €5k | - |
| Other amounts payable47/48 | - | - | - | €28k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-42k | €12k | €149k | €-18k | ▼ 112% |
| + Depreciation and write-downs630 | €973 | €1k | €1k | €2k | ▲ 124% |
| Operating cash flow (approximation) | €-41k | €13k | €150k | €-15k | ▼ 110% |
| Investment in fixed assets (approximation) | - | €-3k | €-3k | €-11k | ▼ 226% |
| Change in cash | - | €-6k | €13k | €-15k | ▼ 218% |
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
2024
13-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 09-12-2024
2022
17-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 10-10-2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €149k ▲1,177%
Operating result €182k, net result €149k, both a record.
31-12
Financial
Liquidity times 6current ratio 2.37
Current ratio from 0.38 to 2.37.
31-12
Financial
Equity above €100kEq €126k
2 profitable years in a row build equity to €126k.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANNELIES HELLEMANS NEETWEG 24, 2220 HEIST-OP-
DEN-BERG |
10-10-2022 → 09-12-2024 |