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A & C DESIGN

Bankruptcy
Private limited companyfounded 1991Georges Lecointelaan 50, 1180 Ukkel, BelgiumKBO/BCE: BE 0444.293.256
Summary

The KBO register records for A & C DESIGN the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €6,166 and a net result of -€6,430.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

1 signal.
+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
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

History

A & C DESIGN was incorporated on 11 June 1991.1 Total assets rose from EUR 4,984 in 2018 to EUR 523,894 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€6,166▼ 51.0%
2020 · €12,596
Total assets
€523,894▲ 1,687%
2020 · €29,319
Net result
-€6,430
2020 · €20,868
Working capital
€4,849▼ 58.5%
2020 · €11,680
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€2,754-€3,493▲ 26.8%€27,734▲ 694%-€6,633
Net result€208-€1,330▲ 540%€20,868▲ 1,469%-€6,430
Equity-€9,602--€8,272▲ 13.8%€12,596€6,166▼ 51.0%
Total assets€4,984-€5,320▲ 6.7%€29,319▲ 451%€523,894▲ 1,687%
Debt€14,586-€13,592▼ 6.8%€16,724▲ 23.0%€517,728▲ 2,996%
Working capital-€9,602--€8,272▲ 13.8%€11,680€4,849▼ 58.5%
Staff (FTE)0.3
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2018: €2,754€2,754Net result 2018: €208€208Operating result 2019: €3,493€3,493Net result 2019: €1,330€1,330Operating result 2020: €27,734€27,734Net result 2020: €20,868€20,868Operating result 2021: -€6,633-€6,633Net result 2021: -€6,430-€6,4302018201920202021-€10,000€0€10,000€20,000€30,000Operating result 2019: €3,493€3,490Net result 2019: €1,330€1,330Operating result 2020: €27,734€27,700Net result 2020: €20,868€20,900Operating result 2021: -€6,633-€6,630Net result 2021: -€6,430-€6,430201920202021
The operating result turns negative in 2021: a loss of €6,633 after €27,734 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €523,894
Fixed assets €1,318 ▲ 43.9%
Current assets €522,577 ▲ 1,740%
Equity and liabilities €523,894
Equity €6,166 ▼ 51.0%
Debt €517,728 ▲ 2,996%
Debt's share of the balance-sheet total rises from 57.0% to 98.8%. Equity is lower and debt is higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€5,976▼
2020 · €27,810
Cash flow
-€5,773▼
2020 · €20,944
Current ratio
1.01▼
2020 · 1.70
Debt to equity
83.96
ROE
-104.3%▼
2020 · 165.7%
ROA
-1.2%▼
2020 · 71.2%
Interest coverage
-15.84
Debt ≤ 1 year
€517,728▲
2020 · €16,724
Income taxes
€77▼
2020 · €6,214
Staff costs
€35,856
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€29,319€523,894▲
Fixed assets21/28€916€1,318▲
Tangible fixed assets22/27€916€1,318▲
Plant, machinery and equipment23-€585
Furniture and vehicles24-€733
Current assets29/58€28,404€522,577▲
Stocks and contracts in progress3€2,704-
Amounts receivable within one year40/41€14,067€441,168▲
Trade receivables40-€182,144
Other amounts receivable41-€259,024
Cash at bank and in hand54/58€11,632€81,408▲
Equity and liabilities
Total equity and liabilities10/49€29,319€523,894▲
Equity10/15€12,596€6,166▼
Contributions10/11-€18,592
Reserves13€1,340€1,340=
Non-distributable reserves130/1-€1,340
Reserves not available under the articles1311-€1,340
Profit (loss) carried forward14-€7,336-€13,766▼
Amounts payable17/49€16,724€517,728▲
Amounts payable within one year42/48€16,724€517,728▲
Trade debts44€775€493,819▲
Suppliers440/4-€493,819
Taxes, remuneration and social security45-€23,909
Taxes450/3-€14,132
Remuneration and social security454/9-€9,777
Income statement Code20202021
Remuneration, social security and pensions62-€35,856
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76€656▲
Other operating charges640/8-€348
Gross operating margin9900€28,207€30,227▲
Operating profit (loss)9901€27,734-€6,633▼
Financial income75/76B-€658
Recurring financial income75-€658
Financial charges65/66B-€377
Recurring financial charges65€652€377▼
Profit (loss) for the period before taxes9903€27,082-€6,352▼
Income taxes67/77€6,214€77▼
Profit (loss) for the period9904€20,868-€6,430▼
Profit (loss) for the period to be appropriated9905€20,868-€6,430▼
Appropriation of the result
Profit (loss) to be appropriated9906--€13,766
Profit (loss) brought forward from the previous period14P--€7,336

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€35,856-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€76€656▲ 763%
Other operating charges640/8---€348-
Gross operating margin9900€2,754€3,493€28,207€30,227▲ 7.2%
Operating profit (loss)9901€2,754€3,493€27,734-€6,633▼ 124%
Financial income75/76B---€658-
Recurring financial income75€3€65-€658-
Financial charges65/66B---€377-
Recurring financial charges65€1,231€860€652€377▼ 42.1%
Profit (loss) for the period before taxes9903€1,526€2,698€27,082-€6,352▼ 123%
Income taxes67/77€1,319€1,368€6,214€77▼ 98.8%
Profit (loss) for the period9904€208€1,330€20,868-€6,430▼ 131%
Profit (loss) for the period to be appropriated9905€208€1,330€20,868-€6,430▼ 131%
Line2018201920202021Change
Assets
Total assets20/58€4,984€5,320€29,319€523,894▲ 1,687%
Fixed assets21/28€0€0€916€1,318▲ 43.9%
Tangible fixed assets22/27€0€0€916€1,318▲ 43.9%
Plant, machinery and equipment23---€585-
Furniture and vehicles24---€733-
Current assets29/58€4,984€5,320€28,404€522,577▲ 1,740%
Stocks and contracts in progress3€541€350€2,704--
Amounts receivable within one year40/41--€14,067€441,168▲ 3,036%
Trade receivables40---€182,144-
Other amounts receivable41---€259,024-
Cash at bank and in hand54/58€4,443€4,970€11,632€81,408▲ 600%
Equity and liabilities
Total equity and liabilities10/49€4,984€5,320€29,319€523,894▲ 1,687%
Equity10/15-€9,602-€8,272€12,596€6,166▼ 51.0%
Contributions10/11€18,592€18,592-€18,592-
Reserves13€1,340€1,340€1,340€1,340=
Non-distributable reserves130/1---€1,340-
Reserves not available under the articles1311---€1,340-
Profit (loss) carried forward14-€29,534-€28,204-€7,336-€13,766▼ 87.6%
Amounts payable17/49€14,586€13,592€16,724€517,728▲ 2,996%
Amounts payable within one year42/48€14,586€13,592€16,724€517,728▲ 2,996%
Trade debts44€2,487€2,008€775€493,819▲ 63,649%
Suppliers440/4---€493,819-
Taxes, remuneration and social security45---€23,909-
Taxes450/3---€14,132-
Remuneration and social security454/9---€9,777-
Line2018201920202021Change
Profit (loss) for the period9904€208€1,330€20,868-€6,430▼ 131%
+ Depreciation and write-downs630--€76€656▲ 763%
Operating cash flow (approximation)€208€1,330€20,944-€5,773▼ 128%
Investment in fixed assets (approximation)-€0-€992-€1,058▼ 6.7%
Change in cash-€527€6,663€69,776▲ 947%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
07-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 191 days late
2021
31-12
Financial Weakest financial yearnet -€6,430
Net result drops to -€6,430, the lowest in the series.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €20,868 ▲1,469%
Operating result €27,734, net result €20,868, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.70
Current ratio from 0.39 to 1.70.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
10-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 10 days late
2014
28-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-06
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Ukkel · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
5,790 m²
Volume, LiDAR
35,597 m³
2 parcels, Brussels, Wallonia · tallest building 15.4 m, ±2 floors. Linked by address, not a title deed.
98 companies at this address See who is registered here
1 establishment unit
BODY & SOUL
Air transport
since 19972.053.470.501
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25743G0163/00F000 Wallonia 1.1 ha 1 · 5,428 m² 15.3 m · 2 fl.
21612D0103/00Z009 Brussels 2,238 m² 1 · 362 m² 14.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,173 companies in sector 46499 we hold annual accounts for 743. 163 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-06-1991
Fiscal year end31-12
Trade name NL Healthcare Solutions Europe
Activities, NACEBEL 2025
46499Wholesale of other household goods
47789Other retail sale of new goods
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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