THUNDERBIRD
Open bankruptcyA bankruptcy procedure is open for THUNDERBIRD according to publications in the Belgian State Gazette; curator: NATHALIE TAEYMANS.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-07-2021, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
1 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€-787k▼ 12.9%
2019 · €-698k
2018: €879k
2019: €-698k
2018 → 2020
Total assets
€1.22M▼ 3.1%
2019 · €1.25M
2018: €2.80M
2019: €1.25M
2018 → 2020
Net result
€-90k▲ 94.3%
2019 · €-1.58M
2018: €629k
2019: €-1.58M
2018 → 2020
Working capital
€-1.06M▼ 9.3%
2019 · €-972k
2018: €-486k
2019: €-972k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€879k-€-698k€-787k▼ 12.9%
Operating result€94k-€-4k€-71k▼ 1,698%
Net result€629k-€-1.58M€-90k▲ 94.3%
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 €71k in 2020 against €4k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.22M
Fixed assets
€1.20M =
Current assets
€15k ▼ 71.7%
Key figures and ratios
Solvency
-64.8%▼
2019 · -55.6%
Current ratio
0.01▼
2019 · 0.05
Debt to equity
-1.17▲
2019 · -1.33
ROA
-7.4%▲
2019 · -125.7%
Debt
€2.00M▲
2019 · €1.95M
Debt ≤ 1 year
€1.08M▲
2019 · €1.03M
Debt > 1 year
€925k=
2019 · €925k
Income taxes
€847▲
2019 · €545
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 · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.25M€1.22M▼
Fixed assets21/28€1.20M€1.20M=
Financial fixed assets28€1.20M€1.20M=
Current assets29/58€54k€15k▼
Amounts receivable within one year40/41€17k€10k▼
Cash at bank and in hand54/58€36k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.22M▼
Equity10/15€-698k€-787k▼
Contributions10/11€250k-
Reserves13€25k€25k=
Profit (loss) carried forward14€-973k€-1.06M▼
Amounts payable17/49€1.95M€2.00M▲
Amounts payable after more than one year17€925k€925k=
Amounts payable within one year42/48€1.03M€1.08M▲
Trade debts44€143€2k▲
Income statement
Code20192020
Gross operating margin9900€-2k€-69k▼
Operating profit (loss)9901€-4k€-71k▼
Recurring financial income75-€165
Recurring financial charges65€22k€18k▼
Profit (loss) for the period before taxes9903€-1.58M€-89k▲
Income taxes67/77€545€847▲
Profit (loss) for the period9904€-1.58M€-90k▲
Profit (loss) for the period to be appropriated9905€-1.58M€-90k▲
Timeline · acts, filings and financial milestones
2022
30-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-03-2022
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-1.58M
Net result drops to €-1.58M, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 | NATHALIE TAEYMANS CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
24-03-2022 → present |