Subteno
Open bankruptcyA bankruptcy procedure is open for Subteno according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS.
Summary
The 2019 annual accounts show equity of €348 and a net result of €19k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2019, abbreviated schema
Equity
€348
2018 · €-19k
2018: €-19k
2019: €348▲ +102% vs 2018
2018 → 2019
Net result
€19k
2018 · €-23k
2018: €-23k
2019: €19k▲ +185% vs 2018
2018 → 2019
Total assets
€2k▼ 75.4%
2018 · €7k
2018: €7k
2019: €2k▼ -75.4% vs 2018
2018 → 2019
Solvency
21.5%▲ 310.4pp
2018 · -288.9%
2018: -288.9%
2019: 21.5%▲ +107% vs 2018
2018 → 2019
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line20182019Trend
Turnover€7k
Equity€-19k-€348
2018: €-19k
2019: €348▲ +102% vs 2018
Operating result€-22k-€19k
2018: €-22k
2019: €19k▲ +186% vs 2018
Net result€-23k-€19k
2018: €-23k
2019: €19k▲ +185% vs 2018
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €19k after a loss of €22k in 2018.
Balance-sheet composition
Equity and liabilities €2k
Equity
€348
Debt
€1k
Debt finances 78.5% of the balance-sheet total.
Key figures and ratios
Debt ≤ 1 year
€1k▼
2018 · €6k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2019 against 2018 · 23 lines
Balance sheet
Code20182019
Assets
Total assets20/58€7k€2k▼
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Current assets29/58€3k€2k▼
Amounts receivable within one year40/41€3k€2k▼
Cash at bank and in hand54/58€221-
Equity and liabilities
Total equity and liabilities10/49€7k€2k▼
Equity10/15€-19k€348▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-25k€-6k▲
Amounts payable17/49€26k€1k▼
Amounts payable after more than one year17€19k-
Amounts payable within one year42/48€6k€1k▼
Trade debts44€3k-
Income statement
Code20182019
Turnover70-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€930-
Gross operating margin9900€-21k€30k▲
Operating profit (loss)9901€-22k€19k▲
Recurring financial charges65€268€11▼
Profit (loss) for the period before taxes9903€-23k€19k▲
Income taxes67/77€102-
Profit (loss) for the period9904€-23k€19k▲
Profit (loss) for the period to be appropriated9905€-23k€19k▲
Accounts by statement
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | - | €7k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €930 | - | - |
| Gross operating margin9900 | €-21k | €30k | ▲ 243% |
| Operating profit (loss)9901 | €-22k | €19k | ▲ 186% |
| Recurring financial charges65 | €268 | €11 | ▼ 95.8% |
| Profit (loss) for the period before taxes9903 | €-23k | €19k | ▲ 185% |
| Income taxes67/77 | €102 | - | - |
| Profit (loss) for the period9904 | €-23k | €19k | ▲ 185% |
| Profit (loss) for the period to be appropriated9905 | €-23k | €19k | ▲ 185% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €7k | €2k | ▼ 75.4% |
| Fixed assets21/28 | €3k | - | - |
| Tangible fixed assets22/27 | €3k | - | - |
| Current assets29/58 | €3k | €2k | ▼ 53.1% |
| Amounts receivable within one year40/41 | €3k | €2k | ▼ 49.9% |
| Cash at bank and in hand54/58 | €221 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €7k | €2k | ▼ 75.4% |
| Equity10/15 | €-19k | €348 | ▲ 102% |
| Contributions10/11 | €6k | €6k | = |
| Profit (loss) carried forward14 | €-25k | €-6k | ▲ 76.8% |
| Amounts payable17/49 | €26k | €1k | ▼ 95.0% |
| Amounts payable after more than one year17 | €19k | - | - |
| Amounts payable within one year42/48 | €6k | €1k | ▼ 79.9% |
| Trade debts44 | €3k | - | - |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-23k | €19k | ▲ 185% |
| + Depreciation and write-downs630 | €930 | - | - |
| Operating cash flow (approximation) | €-22k | €19k | ▲ 188% |
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
2022
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 19-04-2022
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 300 days late
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.27
Current ratio from 0.55 to 1.27; short-term debt falls from €6k to €1k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brussel · 1 establishment unit since 2017
Ground area
808 m²
Building footprint
279 m²
Volume, LiDAR
6,467 m³
Parcel 21803C0630/00H003, Brussels · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
423
companies at this address
See who is registered here
1 establishment unit
Subteno
since 20172.261.844.911
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
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 | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
19-04-2022 → present |
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.