B.C.
Open bankruptcyA bankruptcy procedure is open for B.C. according to publications in the Belgian State Gazette; curator: EMILIE MICHEL.
Summary
The 2024 annual accounts show equity of €254k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
344 d late
2022
70 d late
2021
306 d late
2020
103 d late
2019
110 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€128k▼ 63.0%
2019 · €346k
2018: €330k
2019: €346k
2018 → 2020
EBIT margin
-40.3%▼ 65.3pp
2019 · 25.0%
2018: 20.2%
2019: 25.0%
2018 → 2020
Net result
€7k
2022 · €-13k
2018: €46k
2019: €66k
2020: €-52k
2021: €-6k
2022: €-13k
2018 → 2023
Working capital
€7k=
2023 · €7k
2018: €20k
2019: €78k
2020: €106k
2021: €12k
2022: €-737
2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€128k-
Equity€265k-€259k▼ 2.3%€246k▼ 4.8%€254k▲ 3.0%€254k=
Operating result€-52k-€6k€-10k€-6k▲ 40.8%
Net result€-52k-€-6k▲ 88.0%€-13k▼ 102%€7k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2023 against €10k in 2022; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386k
Fixed assets
€347k =
Current assets
€39k =
Equity and liabilities €386k
Equity
€254k =
Debt
€133k =
Debt's share of the balance-sheet total stays at 34.4%.
Key figures and ratios
Current ratio
1.20=
2023 · 1.20
Debt to equity
0.52=
2023 · 0.52
Debt ≤ 1 year
€33k=
2023 · €33k
Debt > 1 year
€100k=
2023 · €100k
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 · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€386k€386k=
Fixed assets21/28€347k€347k=
Financial fixed assets28€347k€347k=
Current assets29/58€39k€39k=
Amounts receivable within one year40/41€39k€39k=
Trade receivables40€22k€22k=
Other amounts receivable41€17k€17k=
Equity and liabilities
Total equity and liabilities10/49€386k€386k=
Equity10/15€254k€254k=
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Revaluation surpluses12€22k€22k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€211k€211k=
Amounts payable17/49€133k€133k=
Amounts payable after more than one year17€100k€100k=
Financial debts170/4€100k€100k=
Amounts payable within one year42/48€33k€33k=
Taxes, remuneration and social security45€200€200=
Taxes450/3€200€200=
Other amounts payable47/48€33k€33k=
Income statement
Code20232024
Gross operating margin9900€-6k-
Operating profit (loss)9901€-6k-
Financial income75/76B€14k-
Recurring financial income75€14k-
Financial charges65/66B€1k-
Recurring financial charges65€1k-
Profit (loss) for the period before taxes9903€7k-
Income taxes67/77€-579-
Profit (loss) for the period9904€7k-
Profit (loss) for the period to be appropriated9905€7k-
Appropriation of the result
Profit (loss) to be appropriated9906€211k€211k=
Profit (loss) brought forward from the previous period14P€203k€211k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL B.C. RUE DE PRAETERE 12, 1050 IXELLES · event 01-12-2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 344 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 306 days late
2021
11-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 103 days late
2020
31-12
Financial
Weakest financial yearnet €-52k ▼179%
Net result drops to €-52k, the lowest in the series.
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 110 days late
2019
31-12
Financial
Highest result since 2018net €66k ▲42.5%
Operating result €86k, net result €66k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.50
Current ratio from 1.21 to 2.50; short-term debt falls from €96k to €52k.
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 · 2 establishment units since 1960
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.
de Praeterestraat 121050 ElseneGround area
1,638 m²
Building footprint
466 m²
Volume, LiDAR
5,534 m³
3 parcels, Brussels, Wallonia · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
B.C.
since 19602.005.200.034
B.C.
since 20122.209.282.292
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92068A0172/00C002 | Wallonia | 1,190 m² | 1 · 213 m² | 15.2 m · 4 fl. |
| 21447B0384/00H008 | Brussels | 270 m² | 1 · 118 m² | 16.8 m · 5 fl. |
| 21616A0183/00G061 | Brussels | 178 m² | 1 · 135 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
01-12-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.