The filing had to be made by: 30-01-2025
The annual accounts must be filed within 30 days after they have been approved by the general at the meeting and no later than 7 months after the closing date of the financial year, are deposited with the Central Balance Sheet Office.
Companies that do not submit their annual accounts on time will be charged a rate surcharge.
From the first day of the 9th month after the closing of the financial year:
- 120 euros for small companies (= abbreviated scheme)
- 400 euros for the other companies
The reason may be of an organizational or administrative nature.
If the company has other negative signals, this may indicate a serious negative signal.
Companies in difficulty often withhold their annual accounts because they wish to hide their bad figures.
Negative returns for two years is a major heads-up to the Court of Commercial Enquiry at the Court of Commerce.
An established business which loses money year in, year out has no future anyway.
New businesses may often show a negative return (high startup costs, low sales at first, ...) but things should clearly be getting better after two years.
Profitability and liquidity together give a good idea of how a company is faring.
| Liquidity | Profitability |
|---|
| + | - |
| + | Healthy | Chronically sick |
| - | Temporarily sick | Dying |
(**)
(**) Source: Handbook "Financial analysis process" by Hubert Ooghe and Charles Van Wymeersch (Intersentia)
A business is liquid if it can meet its short-term payment obligations; if not, it is illiquid.
A liquidity of > 1 is considered very good
(= in theory, this business can pay its short-term liabilities if it realises its current assets).
The way this ratio has changed in recent years is highly significant.
If liquidity falls steadily, this means things are getting increasingly worse, and will end up being unsustainable.
How liquid and profitable a business is gives a good idea of how well it is doing.
| Liquidity | Profitability |
|---|
| + | - |
| + | Healthy | Chronically sick |
| - | Temporarily sick | Dying |
(**)
(**) Source: Handbook "Financial analysis process" by Hubert Ooghe and Charles Van Wymeersch (Intersentia)
This company has moved its registered office to a business center.
In combination with other negative signals (e.g.
simultaneous change of shareholders or directors, non-payment of social security contributions, late filing of annual accounts, etc.), this is a point of attention.
Starting up or restarting in a business center is a normal course of action.
Conversely, it can indicate a less healthy evolution.
This may be an indication for creditors to exercise heightened vigilance.
