ABOVE LIMITS
Open bankruptcyA bankruptcy procedure is open for ABOVE LIMITS according to publications in the Belgian State Gazette; curator: BRANDAAN MOMBAERS.
Summary
The 2020 annual accounts show equity of €23k and a net result of €4k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€23k▲ 18.7%
2019 · €19k
2018: €28k
2019: €19k
2018 → 2020
Total assets
€56k▲ 16.6%
2019 · €48k
2018: €53k
2019: €48k
2018 → 2020
Net result
€4k
2019 · €-9k
2018: €-90
2019: €-9k
2018 → 2020
Working capital
€23k▲ 18.0%
2019 · €19k
2018: €28k
2019: €19k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€28k-€19k▼ 32.2%€23k▲ 18.7%
Operating result€-98-€-5k▼ 5,109%€2k
Net result€-90-€-9k▼ 9,959%€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €2k after a loss of €5k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €56k
Equity
€23k ▲ 18.7%
Debt
€33k ▲ 15.1%
Debt's share of the balance-sheet total falls from 60.1% to 59.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.68▲
2019 · 1.67
ROE
15.8%▲
2019 · -47.4%
ROA
6.4%▲
2019 · -18.9%
Debt ≤ 1 year
€33k▲
2019 · €29k
Income taxes
€-10▼
2019 · €2k
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 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€48k€56k▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Current assets29/58€48k€56k▲
Amounts receivable within one year40/41€2k€11k▲
Cash at bank and in hand54/58€0€13▲
Equity and liabilities
Total equity and liabilities10/49€48k€56k▲
Equity10/15€19k€23k▲
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-1k€2k▲
Amounts payable17/49€29k€33k▲
Amounts payable after more than one year17€0-
Amounts payable within one year42/48€29k€33k▲
Trade debts44€9k€8k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€173-
Gross operating margin9900€-276€10k▲
Operating profit (loss)9901€-5k€2k▲
Recurring financial income75€2k-
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-7k€4k▲
Income taxes67/77€2k€-10▼
Profit (loss) for the period9904€-9k€4k▲
Profit (loss) for the period to be appropriated9905€-9k€4k▲
Timeline · acts, filings and financial milestones
2025
10-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ABOVE LIMITS BV TERHEYDE- STRAAT 99, 1640 SINT-GENESIUS-RODE · event 03-06-2025
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 135 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 27 days late
2012
26-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2005
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.
Ground area
880 m²
Building footprint
346 m²
Volume, LiDAR
8,837 m³
2 parcels, Brussels, Flanders · tallest building 38.1 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
ABOVE LIMITS
since 20052.151.860.074
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0215/00R000 ProtectedMonumentTweede zetel van de Gestapo |
Brussels | 707 m² | 1 · 263 m² | 38.1 m · 12 fl. |
| 22004C0316/00G002 | Flanders | 173 m² | 1 · 84 m² | 6.9 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRANDAAN MOMBAERS LAKENSESTRAAT 154/11,
1000 BRUSSEL 1 |
03-06-2025 → present |
Similar companies · same sector, comparable size
MEDIAMIX PRODUCTIONS
BE 0462.777.496
Zoersel · Eq €22k
Théâtre National Wallonie-Bruxelles
BE 0406.582.626
Brussel · Eq €24k
BOSARTS
BE 0654.907.871
Mettet · Eq €25k
4Audio
BE 0695.482.179
Schaarbeek · Eq €20k
MOTORMUSIC MOBILE
BE 0477.467.553
Mechelen · Eq €27k
Of 368 companies in sector 90311 we hold annual accounts for 155. 75 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)
Founded22-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
90311Arts creation and performing arts activities
56112Limited-service restaurants, excluding mobile food services
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0477/553788