A & S BESTRATINGEN
InactiveA & S BESTRATINGEN was declared bankrupt on 27-11-2023 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 11-08-2025, published in the Belgian State Gazette on 18-08-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-07-2023, 11 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
11 d early
2021
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€19k▲ 33.5%
2021 · €14k
2021: €14k
2021 → 2022
Total assets
€71k▲ 25.4%
2021 · €57k
2021: €57k
2021 → 2022
Net result
€5k▼ 49.1%
2021 · €9k
2021: €9k
2021 → 2022
Working capital
€7k
2021 · €-20k
2021: €-20k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€14k-€19k▲ 33.5%
Operating result€14k-€10k▼ 30.8%
Net result€9k-€5k▼ 49.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 31% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €71k
Fixed assets
€12k▼ 65.4%
Current assets
€59k▲ 162%
Equity and liabilities €71k
Equity
€19k▲ 33.5%
Debt
€52k▲ 22.7%
The debt ratio falls from 74.9% to 73.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▼
2021 · €18k
Cash flow
€9k▼
2021 · €14k
Solvency
26.7%▲
2021 · 25.1%
Current ratio
1.14▲
2021 · 0.53
Quick ratio
1.14▲
2021 · 0.53
Debt / equity
2.74▼
2021 · 2.99
ROE
25.1%▼
2021 · 65.8%
ROA
6.7%▼
2021 · 16.5%
Interest coverage
3.90▼
2021 · 13.16
Debt
€52k▲
2021 · €42k
Debt ≤ 1 year
€52k▲
2021 · €42k
Income taxes
€2k▼
2021 · €3k
Staff costs
€7k▼
2021 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€57k€71k▲
Fixed assets21/28€34k€12k▼
Tangible fixed assets22/27€34k€12k▼
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€28k€5k▼
Current assets29/58€23k€59k▲
Amounts receivable within one year40/41€19k€59k▲
Trade receivables40€15k€59k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€4k-
Equity and liabilities
Total equity and liabilities10/49€57k€71k▲
Equity10/15€14k€19k▲
Contributions10/11€5k€5k=
Outside capital11€5k-
Other1109/19€5k-
Reserves13€9k€14k▲
Distributable reserves133€9k€14k▲
Amounts payable17/49€42k€52k▲
Amounts payable within one year42/48€42k€52k▲
Financial debts43-€21k
Credit institutions430/8-€21k
Trade debts44€7k€18k▲
Suppliers440/4€7k€18k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€8k€6k▼
Other amounts payable47/48€25k€5k▼
Income statement
Code20212022
Remuneration, social security and pensions62€19k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€466€30▼
Non-recurring operating charges66A-€4k
Gross operating margin9900€37k€24k▼
Operating profit (loss)9901€14k€10k▼
Financial income75/76B€4€406▲
Recurring financial income75€4€406▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€13k€7k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€9k€5k▼
Profit (loss) for the period to be appropriated9905€9k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€5k▼
Transfer to equity691/2€9k€5k▼
To other reserves6921€9k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-08
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · A&S BESTRATINGEN BV BV GENTSTRAAT 45, 9111 BELSELE · event 11-08-2025
2023
04-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · A&S BESTRATINGEN BV BV GENTSTRAAT 45, 9111 BELSELE · event 27-11-2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.53 to 1.14.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130E, 9100 SINT-
NIKLAAS |
27-11-2023 → present |