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B2B

Open bankruptcy
Private limited companyfounded 2001KBO/BCE: BE 0474.280.807
Summary

A bankruptcy procedure is open for B2B according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisation notices. The 2022 annual accounts show negative equity (€-454k) and a net result of €-251k.

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 31-12-2022 was due by 31-07-2023 and was filed on 27-07-2023, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
4 d early
2021
51 d early
2020
31 d late
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 2022, abbreviated schema

Equity
€-454k▼ 124%
2021 · €-202k
2018: €-39k 2019: €60k 2020: €-451k 2021: €-202k
2018 → 2022
Total assets
€1.41M▲ 15.4%
2021 · €1.23M
2018: €1.57M 2019: €1.48M 2020: €1.15M 2021: €1.23M
2018 → 2022
Net result
€-251k
2021 · €249k
2018: €22k 2019: €99k 2020: €-511k 2021: €249k
2018 → 2022
Working capital
€319k▼ 17.6%
2021 · €387k
2018: €-52k 2019: €32k 2020: €-404k 2021: €387k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€-39k-€60k€-451k€-202k▲ 55.1%€-454k▼ 124%
Operating result€102k-€192k▲ 88.5%€-459k€319k€-208k
Net result€22k-€99k▲ 345%€-511k€249k€-251k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-750k€-500k€-250k€0€250kOperating result 2018: €102k€102kNet result 2018: €22k€22kOperating result 2019: €192k€192kNet result 2019: €99k€99kOperating result 2020: €-459k€-459kNet result 2020: €-511k€-511kOperating result 2021: €319k€319kNet result 2021: €249k€249kOperating result 2022: €-208k€-208kNet result 2022: €-251k€-251k20182019202020212022€-750k€-500k€-250k€0€250kOperating result 2020: €-459k€-459kNet result 2020: €-511k€-511kOperating result 2021: €319k€319kNet result 2021: €249k€249kOperating result 2022: €-208k€-208kNet result 2022: €-251k€-251k202020212022
The operating result turns negative in 2022: a loss of €208k after €319k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.41M
Fixed assets €59k ▲ 79.9%
Current assets €1.36M ▲ 13.6%
Key figures and ratios
2022 value · change against 2021
EBITDA
€-192k
2021 · €329k
Cash flow
€-235k
2021 · €258k
Solvency
-32.1%
2021 · -16.5%
Current ratio
1.31
2021 · 1.48
Debt to equity
-4.12
2021 · -7.05
ROA
-17.8%
2021 · 20.3%
Interest coverage
-5.45
2021 · 5.08
Debt
€1.87M
2021 · €1.43M
Debt ≤ 1 year
€1.04M
2021 · €806k
Debt > 1 year
€832k
2021 · €620k
Income taxes
€11k
2021 · €19k
Staff costs
€774k
2021 · €578k
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 · 2022 against 2021 · 53 lines
Balance sheet Code20212022
Assets
Total assets20/58€1.23M€1.41M
Fixed assets21/28€33k€59k
Intangible fixed assets21-€16k
Tangible fixed assets22/27€16k€27k
Furniture and vehicles24€16k€27k
Financial fixed assets28€16k€16k
Current assets29/58€1.19M€1.36M
Amounts receivable after more than one year29€688k€929k
Other amounts receivable291€688k€929k
Amounts receivable within one year40/41€454k€368k
Trade receivables40€395k€234k
Other amounts receivable41€59k€133k
Cash at bank and in hand54/58€51k€59k
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.41M
Equity10/15€-202k€-454k
Contributions10/11€74k€74k=
Reserves13€23k€23k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€21k€21k=
Profit (loss) carried forward14€-300k€-551k
Amounts payable17/49€1.43M€1.87M
Amounts payable after more than one year17€620k€832k
Financial debts170/4€620k€832k
Amounts payable within one year42/48€806k€1.04M
Current portion of amounts payable after more than one year42€34k€54k
Financial debts43€245k€222k
Credit institutions430/8€245k€222k
Trade debts44€314k€359k
Suppliers440/4€314k€359k
Taxes, remuneration and social security45€212k€402k
Taxes450/3€104k€174k
Remuneration and social security454/9€108k€228k
Other amounts payable47/48€1k€0
Accrued charges and deferred income492/3€3k€0
Income statement Code20212022
Non-recurring operating income76A€276k€0
Remuneration, social security and pensions62€578k€774k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€17k
Other operating charges640/8€30k€2k
Non-recurring operating charges66A€423k€4k
Gross operating margin9900€1.36M€588k
Operating profit (loss)9901€319k€-208k
Financial income75/76B€13k€3k
Recurring financial income75€13k€3k
Financial charges65/66B€65k€35k
Recurring financial charges65€65k€35k
Profit (loss) for the period before taxes9903€268k€-241k
Income taxes67/77€19k€11k
Profit (loss) for the period9904€249k€-251k
Profit (loss) for the period to be appropriated9905€249k€-251k
Appropriation of the result
Profit (loss) to be appropriated9906€-300k€-551k
Profit (loss) brought forward from the previous period14P€-549k€-300k
Social balance
Average headcount (FTE)908715.719.4

The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
27-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 21-11-2024
10-01
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 22-12-2023
2023
05-09
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 30-08-2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €249k
Net result €249k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.48
Current ratio from 0.68 to 1.48; short-term debt falls from €1.27M to €806k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €-511k
Net result drops to €-511k, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
16-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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, Hasselt · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1,389 m²
Building footprint
471 m²
Volume, LiDAR
7,569 m³
Parcel 71328D0376/00F000, Flanders · tallest building 18.3 m, ±6 floors. Linked by address, not a title deed.
39 companies at this address See who is registered here
1 establishment unit
Establishment
Advertising agencies
since 20012.131.396.935
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0376/00F000 Flanders 1,389 m² 1 · 471 m² 18.2 m · 6 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

3 mandates
Role Name Tenure
Curator TOM ARTS
JAARBEURSLAAN 19/31, 3600 GENK-
21-11-2024present
Curator GEERT RENIERS
JAARBEURSLAAN 19/31, 3600 GENK
21-11-2024present
Curator ILONA LO GIUDICE
JAAR- BEURSLAAN 19/31, 3600 GENK
21-11-2024present

Recognitions · licences · registrations

Dual-learning approval

2 ended
Administratief medewerker (so)
ended · 2016 to 2021
Administratief medewerker kmo (so)
ended · 2016 to 2021

Similar companies · same sector, comparable size

Of 2,122 companies in sector 46500 we hold annual accounts for 1,403. 936 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-03-2001
Fiscal year end31-12
Trade name NL SKONDRAS
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
47789Other retail sale of new goods
61100Wired, wireless and satellite telecommunications
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
73110Advertising agencies
73200Market research and public opinion polling
82200Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

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

Contact details

3 entries
Enterprise
E-mail:stijn@skondras.be
Enterprise
Phone:011286020
Enterprise