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444

Open bankruptcy
Private limited company (pre-2019)founded 2005Plantin en Moretuslei 214, 2018 Antwerpen, BelgiumKBO/BCE: BE 0872.079.785

A bankruptcy procedure is open for 444 according to publications in the Belgian State Gazette; curator: TOMAS BRUNEEL.

Summary

The 2020 annual accounts show negative equity (€-3k) and a net result of €-56k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€-3k
2019 · €54k
2018: €126k 2019: €54k
2018 → 2020
Total assets
€19k▼ 63.7%
2019 · €54k
2018: €127k 2019: €54k
2018 → 2020
Net result
€-56k▲ 22.4%
2019 · €-73k
2018: €16k 2019: €-73k
2018 → 2020
Working capital
€-17k
2018 · €92k
2018: €92k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€126k-€54k▼ 57.6%€-3k
Operating result€16k-€-34k€-56k▼ 68.0%
Net result€16k-€-73k€-56k▲ 22.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-75k€-50k€-25k€0€25kOperating result 2018: €16k€16kNet result 2018: €16k€16kOperating result 2019: €-34k€-34kNet result 2019: €-73k€-73kOperating result 2020: €-56k€-56kNet result 2020: €-56k€-56k201820192020€-75k€-50k€-25k€0€25kOperating result 2018: €16k€16kNet result 2018: €16k€16kOperating result 2019: €-34k€-34kNet result 2019: €-73k€-73kOperating result 2020: €-56k€-56kNet result 2020: €-56k€-56k201820192020
The operating result stays negative: a loss of €56k in 2020 against €34k 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 €19k
Fixed assets €14k ▼ 49.3%
Current assets €5k ▼ 80.1%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-42k
2019 · €-18k
Cash flow
€-42k
2019 · €-57k
Solvency
-14.9%
2019 · 100.0%
Current ratio
0.22
Quick ratio
0.10
ROA
-290.5%
2019 · -135.9%
Debt
€22k
Debt ≤ 1 year
€22k
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€54k€19k
Fixed assets21/28€28k€14k
Tangible fixed assets22/27€25k€11k
Financial fixed assets28€4k€4k=
Current assets29/58€25k€5k
Stocks and contracts in progress3€410€3k
Amounts receivable within one year40/41€18k€1k
Cash at bank and in hand54/58€7k€1k
Equity and liabilities
Total equity and liabilities10/49€54k€19k
Equity10/15€54k€-3k
Contributions10/11€18k€18k=
Reserves13€19k€19k=
Profit (loss) carried forward14€17k€-40k
Amounts payable17/49-€22k
Amounts payable within one year42/48-€22k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€14k
Gross operating margin9900€-17k€-41k
Operating profit (loss)9901€-34k€-56k
Recurring financial charges65€45-
Profit (loss) for the period before taxes9903€-34k€-56k
Income taxes67/77€39k-
Profit (loss) for the period9904€-73k€-56k
Profit (loss) for the period to be appropriated9905€-73k€-56k

Download as CSV

Timeline · acts, filings and financial milestones

2024
04-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · 444 BV PLANTIN EN MORE- TUSLEI 214, 2018 ANTWERPEN 1 · event 28-03-2024
2021
29-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
16-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial Weakest financial yearnet €-73k ▼567%
Net result drops to €-73k, the lowest in the series.
28-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 89 days late
2018
28-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 120 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-12
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 153 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 25 days late
2011
31-12
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 153 days late
31-12
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 518 days late
2009
30-09
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 61 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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
Registered office, Antwerpen · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
152 m²
Building footprint
152 m²
Volume, LiDAR
1,938 m³
Parcel 11806F1283/00X010, Flanders · tallest building 14.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Mirage
Plantin en Moretuslei 214, 2018 AntwerpenNACE 5115001
since 20052.148.053.518
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11806F1283/00X010 Flanders 152 m² 1 · 152 m² 14.9 m · 5 fl.
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 TOMAS BRUNEEL
MUSEUMSTRAAT 31-33, 2000 ANTWERPEN 1
28-03-2024present

Similar companies · same sector, comparable size

Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,044 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)
Founded23-02-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.