Active BE 0876.342.045Non-profit associationOpen bankruptcy

AAAcare

Halingenstraat 76 ·3806 Sint-Truiden, Belgium· 20 yrs active

Conclusion Checked

A bankruptcy procedure is open for AAAcare according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-658k) and a net result of €-108k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-658k
Net result	€-108k
Staff (FTE)	100.3
Active	20 yrs

Snowflake analysis 5 axes · computed by Checked

30 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 48

Solvency 52

Growth 48

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2021 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-07-2022 with the NBB · fiscal year 2021 · verkort

RevenueOperating resultNet result

Revenue

€6.09M

-9.1% 19–21

EBITDA

€578k

-28.8% 19–21

Net profit

€-108k

+97.4% 19–21

Cash flow

€-18k

+99.5% 19–21

Total assets

€12.86M

+5.4% 19–21

Equity

€-658k

-191.2% 19–21

Working capital

€723k

+152.7% 19–21

Employees (FTE)

100

+2.0% 19–21

Staff costs

€5.30M

— 19–21

Income taxes

€1k

+92.5% 19–21

Debt

€13.51M

+8.7% 19–21

Debt ≤ 1y

€2.27M

+15.3% 19–21

Debt > 1y

€11.02M

+7.8% 19–21

Current ratio

1.32

+15.1% 19–21

Quick ratio

1.31

+15.6% 19–21

Solvency

-5.1%

-176.4% 19–21

Debt / equity

-20.55

+54.6% 19–21

ROE

16.5%

-99.1% 19–21

ROA

-0.8%

+97.5% 19–21

Net margin

-1.8%

+97.1% 19–21

EBITDA margin

9.5%

-21.7% 19–21

Interest coverage

0.87

-29.7% 19–21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	€6.09M
EBITDA	€578k
Net profit	€-108k
Cash flow	€-18k
Staff costs	€5.30M
Income taxes	€1k
Dividends	—
Total assets	€12.86M
Equity	€-658k
Debt	€13.51M
of which ≤ 1y	€2.27M
of which > 1y	€11.02M
Working capital	€723k
Employees (FTE)	100.3

Ratios (computed)

	2021
Current ratio	1.32
Quick ratio	1.31
Working capital ratio	5.6%
Solvency	-5.1%
Debt / equity	-20.55
Long-term debt ratio	-16.76
Interest coverage	0.87
Gross margin	89.2%
Net margin	-1.8%
ROA	-0.8%
ROE	16.5%
EBITDA margin	9.5%
Days sales outstanding	47d
Days payable outstanding	168d
Inventory turnover	54.24
Days inventory (DSI)	7d

Balance-sheet composition 2021

Assets

Fixed assets €9.86M · 76.7% Current assets €2.99M · 23.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet — Assets
TOTAL ASSETS	20/58	€12.86M
Fixed assets	21/28	€9.86M
Intangible fixed assets	21	€23k
Tangible fixed assets	22/27	€9.83M
Financial fixed assets	28	€9k
Current assets	29/58	€2.99M
Stocks & contracts in progress	3	€12k
Amounts receivable within one year	40/41	€2.92M
Cash & bank	54/58	€46k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€12.86M
Equity	10/15	€-658k
Accumulated profits (losses)	14	€-4.21M
Amounts payable	17/49	€13.51M
Amounts payable after one year	17	€11.02M
Amounts payable within one year	42/48	€2.27M
Trade debts payable within one year	44	€303k
Income statement
Turnover	70	€6.09M
Operating result	9901	€488k
Financial income	75	€73k
Financial charges	65	€669k
Result before taxes	9903	€-107k
Income taxes	67/77	€1k
Net result for the period	9904	€-108k
Result to be appropriated	9905	€-108k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	DOMINIC GIELEN VAN DIJCKLAAN 15, 3500 HASSELT- ↔ Also on 111 other cases	19-07-2023 → present	Belgian State Gazette
Curator	XAVIER GIELEN Van Dijcklaan 15, 3500 HASSELT	19-07-2023 → present	Belgian State Gazette
Curator	FREDERIKA VAN SWYGENHOVEN VAN DIJCKLAAN 15, 3500 HASSELT	19-07-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	—
Legal form	Non-profit association(017)
Incorporation	28-09-2005
Status	Active
Postal code	3806
First BS signal	26-07-2023
Latest BS signal	26-07-2023

Company structure — linked entities3 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71058C0503/00A002	Flanders	2.0 ha	1 · 611 m²	18.9 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

26-07-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · AAACARE VZW HALINGEN- STRAAT 76, 3806 SINT-TRUIDEN · event 19-07-2023

2022

29-07-2022