WINE TRADING FACTORY
Open bankruptcyA bankruptcy procedure is open for WINE TRADING FACTORY according to publications in the Belgian State Gazette; curator: PETER HECHTERMANS.
Summary
The 2022 annual accounts show equity of €8k and a net result of €-12k.
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 30-06-2022 was due by 31-01-2023 and was filed on 28-02-2023, 28 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
28 d late
2021
25 d late
2020
25 d late
2017
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€8k▼ 60.0%
2021 · €21k
2020: €26k
2021: €21k
2020 → 2022
Total assets
€52k▼ 72.2%
2021 · €186k
2020: €187k
2021: €186k
2020 → 2022
Net result
€-12k▼ 141%
2021 · €-5k
2020: €-8k
2021: €-5k
2020 → 2022
Working capital
€19k▼ 52.2%
2021 · €39k
2020: €43k
2021: €39k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€26k-€21k▼ 19.9%€8k▼ 60.0%
Operating result€903-€-4k€-11k▼ 187%
Net result€-8k-€-5k▲ 32.9%€-12k▼ 141%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2022 against €4k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €52k
Fixed assets
€8k ▼ 18.3%
Current assets
€44k ▼ 75.2%
Equity and liabilities €52k
Equity
€8k ▼ 60.0%
Debt
€43k ▼ 73.7%
Debt's share of the balance-sheet total falls from 88.9% to 84.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2021 · €-2k
Cash flow
€-11k▼
2021 · €-3k
Current ratio
1.76▲
2021 · 1.29
Quick ratio
1.36▲
2021 · 0.98
Debt to equity
5.26▲
2021 · 1.21
ROE
-150.1%▼
2021 · -24.9%
ROA
-24.0%▼
2021 · -2.8%
Interest coverage
-8.85
Debt ≤ 1 year
€25k▼
2021 · €136k
Debt > 1 year
€15k▼
2021 · €25k
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 · 44 lines
Balance sheet
Code20212022
Assets
Total assets20/58€186k€52k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€6k€5k▼
Other tangible fixed assets26-€5k
Financial fixed assets28€3k€3k▼
Current assets29/58€176k€44k▼
Stocks and contracts in progress3€42k€10k▼
Stocks30/36-€10k
Amounts receivable within one year40/41€88k€29k▼
Trade receivables40-€25k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€186k€52k▼
Equity10/15€21k€8k▼
Contributions10/11-€68k
Reserves13€4k€4k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132-€2k
Profit (loss) carried forward14€-51k€-64k▼
Amounts payable17/49€165k€43k▼
Amounts payable after more than one year17€25k€15k▼
Financial debts170/4-€15k
Amounts payable within one year42/48€136k€25k▼
Trade debts44€64k€2k▼
Suppliers440/4-€2k
Taxes, remuneration and social security45-€266
Taxes450/3-€266
Other amounts payable47/48-€23k
Accrued charges and deferred income492/3-€4k
Income statement
Code20212022
Non-recurring operating income76A-€27k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€32k
Other operating charges640/8-€991
Gross operating margin9900€-1k€24k▲
Operating profit (loss)9901€-4k€-11k▼
Financial charges65/66B-€1k
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-5k€-12k▼
Profit (loss) for the period9904€-5k€-12k▼
Profit (loss) for the period to be appropriated9905€-5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-64k
Profit (loss) brought forward from the previous period14P-€-51k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · WINE TRADING FACTORY BVBA BUISSTRAAT 19B, 2890. PUURS-SINT-AMANDS · event 15-04-2024
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
13-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 13 days late
2013
31-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-01
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Puurs-Sint-Amands · 1 establishment unit since 2002
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.
Buisstraat 19B2890 Puurs-Sint-AmandsGround area
1,831 m²
Building footprint
1,936 m²
Parcel 12034A0503/00E003, Flanders. Linked by address, not a title deed.
1 establishment unit
WINE TRADING FACTORY
since 20022.095.785.958
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12034A0503/00E003 | Flanders | 1,831 m² | 1 · 1,936 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 | PETER HECHTERMANS GROENE LAAN 47,
2830 WILLEBROEK |
15-04-2024 → present |
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Of 1,581 companies in sector 46349 we hold annual accounts for 987. 333 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 formPrivate limited company (pre-2019)
Founded05-02-2002
Fiscal year end30-06
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.