B & O ASSOCIATION
BankruptcyThe KBO register records for B & O ASSOCIATION the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-27k) and a net result of €-29k.
Signals
Two signals.
+raises risk○neutral
Financials · fiscal year 2020, micro schema
Equity
€-27k
2019 · €2k
2019: €2k
2019 → 2020
Total assets
€114k▲ 46.7%
2019 · €77k
2019: €77k
2019 → 2020
Net result
€-29k▼ 60.1%
2019 · €-18k
2019: €-18k
2019 → 2020
Working capital
€-86k▼ 35.7%
2019 · €-63k
2019: €-63k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€2k-€-27k
Operating result€-16k-€-24k▼ 45.1%
Net result€-18k-€-29k▼ 60.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2020 against €16k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €114k
Fixed assets
€70k▲ 5.5%
Current assets
€43k▲ 306%
Key figures and ratios
EBITDA
€-13k▼
2019 · €-11k
Cash flow
€-19k▼
2019 · €-13k
Solvency
-23.8%▼
2019 · 2.5%
Current ratio
0.33▲
2019 · 0.14
Quick ratio
0.30▲
2019 · 0.12
Debt / equity
-5.21▼
2019 · 39.04
ROA
-25.5%▼
2019 · -23.3%
Interest coverage
-2.57▲
2019 · -6.76
Debt
€141k▲
2019 · €75k
Debt ≤ 1 year
€129k▲
2019 · €74k
Debt > 1 year
€12k▲
2019 · €2k
Income taxes
€-1▼
2019 · €60
Staff costs
€30k▲
2019 · €24k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€77k€114k▲
Fixed assets21/28€67k€70k▲
Intangible fixed assets21€42k€38k▼
Tangible fixed assets22/27€23k€31k▲
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€12k€13k▲
Other tangible fixed assets26€5k€11k▲
Financial fixed assets28€1k€1k=
Current assets29/58€11k€43k▲
Stocks and contracts in progress3€2k€5k▲
Stocks30/36€2k€5k▲
Amounts receivable within one year40/41€6k€38k▲
Trade receivables40€6k€38k▲
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1€617-
Equity and liabilities
Total equity and liabilities10/49€77k€114k▲
Equity10/15€2k€-27k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-18k€-47k▼
Amounts payable17/49€75k€141k▲
Amounts payable after more than one year17€2k€12k▲
Financial debts170/4€2k€12k▲
Amounts payable within one year42/48€74k€129k▲
Current portion of amounts payable after more than one year42€4k€8k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€29k€72k▲
Suppliers440/4€29k€72k▲
Taxes, remuneration and social security45€5k€14k▲
Taxes450/3€837€11k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€36k€33k▼
Income statement
Code20192020
Remuneration, social security and pensions62€24k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€82€163▲
Gross operating margin9900€13k€17k▲
Operating profit (loss)9901€-16k€-24k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€-18k€-29k▼
Income taxes67/77€60€-1▼
Profit (loss) for the period9904€-18k€-29k▼
Profit (loss) for the period to be appropriated9905€-18k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-47k▼
Profit (loss) brought forward from the previous period14P-€-18k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 514 days late
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 879 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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
2 establishment units since 2019
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
279 m²
Building footprint
227 m²
Volume, LiDAR
2,810 m³
2 parcels, Wallonia · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
LE DECLIN
since 20192.290.808.121
CHEZ LOU
since 20202.306.956.146
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1207/00E002 | Wallonia | 208 m² | 1 · 119 m² | 17.1 m · 5 fl. |
| 62803A1207/00N002 | Wallonia | 71 m² | 1 · 108 m² | 14.2 m · 3 fl. |
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.
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 2,711 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:bastien@ledeclin.be
Phone:0470612384