ABSOLUTE PROPERTY GALLERY
Open bankruptcyA bankruptcy procedure is open for ABSOLUTE PROPERTY GALLERY according to publications in the Belgian State Gazette; curator: JENS VREBOS. The 2023 annual accounts show equity of €11k and a net result of €12k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2023, micro schema
Equity
€11k
2022 · €-1k
2022: €-1k
2022 → 2023
Total assets
€235k▲ 15,573%
2022 · €2k
2022: €2k
2022 → 2023
Net result
€12k
2022 · €-3k
2022: €-3k
2022 → 2023
Working capital
€6k
2022 · €-1k
2022: €-1k
2022 → 2023
Multi-year overview
Available amounts per fiscal year
Line20222023Trend
Equity€-1k-€11k
Operating result€-3k-€17k
Net result€-3k-€12k
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 2023: €17k after a loss of €3k in 2022.
Balance-sheet composition
Assets €235k
Fixed assets
€5k
Current assets
€230k
Equity and liabilities €235k
Equity
€11k
Debt
€224k
Debt finances 95.5% of the balance-sheet total.
Key figures and ratios
Solvency
4.5%
Current ratio
1.03
Quick ratio
0.10
Debt / equity
21.16
ROE
111.9%
ROA
5.1%
Debt
€224k▲
2022 · €3k
Debt ≤ 1 year
€224k▲
2022 · €3k
Income taxes
€4k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€2k€235k▲
Fixed assets21/28-€5k
Financial fixed assets28-€5k
Current assets29/58€2k€230k▲
Stocks and contracts in progress3-€209k
Stocks30/36-€209k
Amounts receivable within one year40/41-€18k
Trade receivables40-€18k
Other amounts receivable41-€626
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2k€235k▲
Equity10/15€-1k€11k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-3k€9k▲
Amounts payable17/49€3k€224k▲
Amounts payable within one year42/48€3k€224k▲
Trade debts44-€93k
Suppliers440/4-€93k
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€3k€128k▲
Income statement
Code20222023
Other operating charges640/8-€864
Gross operating margin9900€-3k€18k▲
Operating profit (loss)9901€-3k€17k▲
Financial charges65/66B-€783
Recurring financial charges65-€783
Profit (loss) for the period before taxes9903€-3k€16k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-3k€12k▲
Profit (loss) for the period to be appropriated9905€-3k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€9k▲
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ABSOLUTE PROPERTY GALLERY BV LEBEAUSTRAAT 19, 1000 BRUSSEL · event 01-09-2026
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 471 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2022
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.
Lebeaustraat 191000 BrusselGround area
78 m²
Building footprint
78 m²
Volume, LiDAR
1,443 m³
Parcel 21808H1794/00Y000, Brussels · tallest building 23.5 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
ABSOLUTE PROPERTY GALLERY
since 20222.341.331.461
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1794/00Y000 | Brussels | 78 m² | 1 · 78 m² | 23.5 m · 7 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 | JENS VREBOS HAMILTONPARK 24-26, 8000 BRUGGE- |
01-09-2026 → present |
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Of 1,289 companies in sector 47690 we hold annual accounts for 425. 225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2022
Fiscal year end31-12
Activities, NACEBEL
47690Retail sale of other cultural and recreation goods
47787Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.