12Street
The computed 12-month bankruptcy probability of 12Street is 1.1% (low). The 2024 annual accounts show equity of €27k and a net result of €-23k. Its solvency ranks better than 18% of 972 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €27k |
| Net result | €-23k |
| Better than sector | 18% |
| Active | 2 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 7.4% | 39.7% | |
| Net result | €-23k | €32k | |
| Equity | €27k | €152k | |
| Gross operating margin | €-3k | €59k | |
| Total assets | €359k | €748k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-23k |
| Cash flow | €-14k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €359k |
| Equity | €27k |
| Debt | €332k |
| of which ≤ 1y | €18k |
| of which > 1y | €313k |
| Working capital | €13k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.72 |
| Quick ratio | 1.72 |
| Working capital ratio | 3.5% |
| Solvency | 7.4% |
| Debt / equity | 12.48 |
| Long-term debt ratio | 11.75 |
| Interest coverage | -0.57 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.5% |
| ROE | -88.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €359k |
| Fixed assets | 21/28 | €328k |
| Tangible fixed assets | 22/27 | €328k |
| Current assets | 29/58 | €30k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €359k |
| Equity | 10/15 | €27k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €-23k |
| Amounts payable | 17/49 | €332k |
| Amounts payable after one year | 17 | €313k |
| Amounts payable within one year | 42/48 | €18k |
| Trade debts payable within one year | 44 | €95 |
| Income statement | ||
| Gross operating margin | 9900 | €-3k |
| Operating result | 9901 | €-15k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-23k |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| CDP De Wulf & C° srlCurrent Statutory auditor · represented by Sébastien Van der Fraenen |
- | 12-09-2025 → present |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 13-12-2023 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0172/00D000 | Brussels | 531 m² | 1 · 149 m² | 19.8 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-04-2026 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": "Jean VINCKE",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-04-09",
"filing_date": "2026-04-07",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS), CAPITAL, ACTIONS, DIVERS"
},
"key_dates": [
{
"date": "2026-02-18",
"label": "date of the act"
},
{
"date": "2026-04-07",
"label": "deposition date"
},
{
"date": "2026-04-09",
"label": "publication date"
}
],
"key_parties": [
{
"kind": "person",
"name": "Jean VINCKE",
"role": "Notaire"
}
],
"key_amounts_eur": [
{
"label": "apport suppl\u00E9mentaire en num\u00E9raire",
"amount": 650000.0
},
{
"label": "actions \u00E9mises",
"amount": 12723.0
}
],
"subject_company": {
"kbo": "1003.353.944",
"name_full": "12Street",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "capital_increase"
}17-10-2025 Sébastien Van der Fraenen appointed as statutory auditor
- Sébastien Van der Fraenen, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "S\u00E9bastien Van der Fraenen",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "CDP De Wulf \u0026 C\u00B0 srl",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-09-12",
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e d\u00E9cide de nommer avec effet imm\u00E9diat \u00E0 la fonction de commissaire la srl CDP De Wulf \u0026 C\u00B0, square de l\u0027Arbal\u00E8te 6 \u00E0 1170 Bruxelles, pour une dur\u00E9e de 3 ann\u00E9es."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.353.944",
"name_full": "12STREET",
"legal_form": "SRL"
}
}23-05-2025 Capital increase of €311,824.08
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 311824.08,
"currency": "EUR",
"after_eur": null,
"delta_eur": 311824.08,
"before_eur": null,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-05-07",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide d\u0027augmenter les capitaux propres de la Soci\u00E9t\u00E9 b\u00E9n\u00E9ficiaire \u00E0 concurrence de trois cent onze mille huit cent vingt-quatre euros huit cents (\u20AC 311.824,08). L\u0027assembl\u00E9e d\u00E9cide que cette augmentation de capitaux propres s\u0027effectue avec une \u00E9mission de onze mille sept cent vingt-trois (11.723) actions nouvelles, sans d\u00E9signation de valeur nominale, identiques aux mille (1.000) actions existantes.",
"contribution_type": "in_kind"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.353.944",
"name_full": "12STREET",
"legal_form": "SRL"
}
}24-03-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-03-24",
"filing_date": "2024-12-31",
"act_kind_objet": "Projet de scission partielle"
},
"decision": {
"body": null,
"act_date": null,
"unanimous": null
},
"conversion": null,
"detected_kind": "demerger_partial",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0872.944.570",
"name": "Gold and Forex International SA",
"role": "contributor",
"address": "1000 Bruxelles, rue du Midi 101",
"is_foreign": false,
"legal_form": "SA",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": "1003.353.944",
"name": "12Street SRL",
"role": "recipient",
"address": "1000 Bruxelles, rue du Midi 101",
"is_foreign": false,
"legal_form": "SRL",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": null,
"name": "GFIN SRL",
"role": "other",
"address": "1380 Lasne, route de Genval 32",
"is_foreign": false,
"legal_form": "SRL",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": 1.0,
"legal_articles": [
"12:8",
"12:59",
"12:62",
"12:67"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": "2024-12-31",
"exchange_ratio_text": "(1/1) = 1",
"new_shares_issued_n": 11723,
"real_estate_included": true,
"patrimony_description": "Gold and Forex International SA transf\u00E8re \u00E0 12Street SRL un b\u00E2timent \u00E0 usage de maison de commerce situ\u00E9 rue du Midi 101, \u00E0 1000 Bruxelles, ainsi que les installations et les fonds propres \u00E0 concurrence de 311.824,08 \u20AC.",
"equity_transferred_eur": 311824.08,
"accounting_effective_date": "2025-01-01"
},
"subject_company": {
"kbo": "1003.353.944",
"name_full": "12Street",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"summary_narrative": "Le projet de scission partielle vise \u00E0 permettre \u00E0 Gold and Forex International SA et \u00E0 12Street SRL de mener des projets distincts en s\u0027appuyant sur un patrimoine autrement compos\u00E9. Gold and Forex International SA continuera d\u0027exercer son activit\u00E9 principale, tandis que 12Street SRL sera charg\u00E9e de la gestion du patrimoine immobilier. Le bien immobilier concern\u00E9, un b\u00E2timent \u00E0 usage de maison de commerce, a une valeur nette comptable de 311.824,08 \u20AC au 31 d\u00E9cembre 2024.",
"co_filed_documents": [],
"detected_real_type": "demerger_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}15-12-2023 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1000 Bruxelles, Rue du Midi 101",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": null,
"name": "GFIN"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "GFIN",
"contribution_type": "cash",
"amount_paid_in_eur": 50000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1000,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 50000,
"subject_company": {
"kbo": "1003.353.944",
"name_full": "12Street",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2023-12-13",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | 12Street |