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ASSOS2

Open bankruptcy
Private limited company (pre-2019)founded 2017Louizalaan 54, 1050 Elsene, BelgiumKBO/BCE: BE 0685.464.257

A bankruptcy procedure is open for ASSOS2 according to publications in the Belgian State Gazette; curator: SOPHIE HUART.

Summary

The 2020 annual accounts show negative equity (€-302k) and a net result of €-47k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-07-2021, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
1 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Turnover
€367k▼ 58.8%
2019 · €892k
2018: €972k 2019: €892k
2018 → 2020
EBIT margin
-6.6%▼ 2.9pp
2019 · -3.6%
2018: -10.6% 2019: -3.6%
2018 → 2020
Net result
€-47k▼ 23.3%
2019 · €-38k
2018: €-130k 2019: €-38k
2018 → 2020
Working capital
€-349k▼ 64.6%
2019 · €-212k
2018: €-120k 2019: €-212k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Turnover€972k-€892k▼ 8.3%€367k▼ 58.8%
Equity€-117k-€-155k▼ 32.5%€-302k▼ 94.7%
Operating result€-103k-€-32k▲ 68.6%€-24k▲ 25.8%
Net result€-130k-€-38k▲ 70.6%€-47k▼ 23.3%
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2018: €-103k€-103kNet result 2018: €-130k€-130kOperating result 2019: €-32k€-32kNet result 2019: €-38k€-38kOperating result 2020: €-24k€-24kNet result 2020: €-47k€-47k201820192020€-150k€-100k€-50k€0Operating result 2018: €-103k€-103kNet result 2018: €-130k€-130kOperating result 2019: €-32k€-32kNet result 2019: €-38k€-38kOperating result 2020: €-24k€-24kNet result 2020: €-47k€-47k201820192020
The operating result stays negative: a loss of €24k in 2020 against €32k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €269k
Fixed assets €51k ▼ 9.6%
Current assets €218k ▼ 2.4%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-17k
2019 · €-29k
Cash flow
€-39k
2019 · €-34k
Solvency
-112.3%
2019 · -55.5%
Current ratio
0.38
2019 · 0.51
Quick ratio
0.34
2019 · 0.45
ROA
-17.4%
2019 · -13.6%
Debt
€571k
2019 · €435k
Debt ≤ 1 year
€567k
2019 · €435k
Income taxes
€731
2019 · €710
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 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€280k€269k
Fixed assets21/28€57k€51k
Tangible fixed assets22/27€56k€51k
Financial fixed assets28€834€834=
Current assets29/58€223k€218k
Stocks and contracts in progress3€29k€27k
Amounts receivable within one year40/41€178k€21k
Cash at bank and in hand54/58€7k€3k
Equity and liabilities
Total equity and liabilities10/49€280k€269k
Equity10/15€-155k€-302k
Contributions10/11€12k-
Profit (loss) carried forward14€-168k€-321k
Amounts payable17/49€435k€571k
Amounts payable within one year42/48€435k€567k
Trade debts44€352k€296k
Income statement Code20192020
Turnover70€892k€367k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k
Gross operating margin9900€353k€123k
Operating profit (loss)9901€-32k€-24k
Recurring financial income75€15k€1
Recurring financial charges65€20k€22k
Profit (loss) for the period before taxes9903€-37k€-46k
Income taxes67/77€710€731
Profit (loss) for the period9904€-38k€-47k
Profit (loss) for the period to be appropriated9905€-38k€-47k

Download as CSV

Timeline · acts, filings and financial milestones

2021
07-12
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL ASSOS2 AVENUE LOUISE 54/6P, 1050 IXELLES · event 29-11-2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
14-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
SignalNBB filing

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, Elsene
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.

Louizalaan 541050 Elsene
Ground area
1,625 m²
Building footprint
1,286 m²
Volume, LiDAR
34,999 m³
Parcel 21807G0001/00L000, Brussels · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0001/00L000 Brussels 1,625 m² 1 · 1,286 m² 33.9 m · 9 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 SOPHIE HUART
CHAUSSEE DE WATERLOO 880, 1000 BRUXELLES 1
29-11-2021present

Similar companies · same sector, comparable size

Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 2,546 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.