Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe KBO register records legal situation 050 for ARCADE 1 (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show negative equity (€-87k) and a net result of €-116k.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Signals
Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | nothing on record | not filed | - |
| 31-12-2021 | 31-07-2022 | nothing on record | not filed | - |
| 31-12-2020 | 31-07-2021 | nothing on record | not filed | - |
| 31-12-2019 | 31-07-2020 | 14-09-2020 | 45 d late | 2020-52900118 |
| 31-12-2018 | 31-07-2019 | 22-08-2019 | 22 d late | 2019-49000257 |
| 31-12-2017 | 31-07-2018 | 26-07-2018 | 5 d early | 2018-38100303 |
| 31-12-2016 | 31-07-2017 | 31-08-2017 | 31 d late | 2017-54700139 |
| 31-12-2015 | 31-07-2016 | 24-08-2016 | 24 d late | 2016-46700199 |
| 31-12-2014 | 31-07-2015 | 25-08-2015 | 25 d late | 2015-47100430 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2019| Fiscal year | 2019 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-67k |
| Net profit | €-116k |
| Cash flow | €-101k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €137k |
| Equity | €-87k |
| Debt | €223k |
| of which ≤ 1y | €223k |
| of which > 1y | - |
| Working capital | €-113k |
| Employees (FTE) | 3.0 |
| 2019 | |
|---|---|
| Current ratio | 0.49 |
| Quick ratio | 0.49 |
| Working capital ratio | -82.8% |
| Solvency | -63.3% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -85.0% |
| ROE | 134.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €137k |
| Fixed assets | 21/28 | €27k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €26k |
| Financial fixed assets | 28 | €250 |
| Current assets | 29/58 | €110k |
| Stocks & contracts in progress | 3 | €40k |
| Amounts receivable within one year | 40/41 | €57k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €137k |
| Equity | 10/15 | €-87k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €11k |
| Accumulated profits (losses) | 14 | €-116k |
| Amounts payable | 17/49 | €223k |
| Amounts payable within one year | 42/48 | €223k |
| Trade debts payable within one year | 44 | €102k |
| Income statement | ||
| Gross operating margin | 9900 | €60k |
| Operating result | 9901 | €-82k |
| Financial income | 75 | €34 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-89k |
| Net result for the period | 9904 | €-89k |
| Result to be appropriated | 9905 | €-89k |
Health barometer
FY 2019 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Structure & network
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue P. Van Hoegaerden 134130 EsneuxEstablishment units
1 locationPublications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameFR | ARCADE 1 |