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BELGA TELECOM

Open bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0713.540.116

A bankruptcy procedure is open for BELGA TELECOM according to publications in the Belgian State Gazette; curator: SVEN DE MAESENEER.

Summary

The 2020 annual accounts show negative equity (€-7k) and a net result of €-15k.

Signals

Two signals.
+raises risk
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
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

Equity
€-7k
2019 · €8k
2019: €8k
2019 → 2020
Total assets
€37k▲ 34.4%
2019 · €28k
2019: €28k
2019 → 2020
Net result
€-15k
2019 · €2k
2019: €2k
2019 → 2020
Working capital
€-7k
2019 · €8k
2019: €8k
2019 → 2020
Multi-year overview
Available amounts per fiscal year
Line20192020Trend
Equity€8k-€-7k
Operating result€2k-€-15k
Net result€2k-€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-15k€-10k€-5k€0Operating result 2019: €2k€2kNet result 2019: €2k€2kOperating result 2020: €-15k€-15kNet result 2020: €-15k€-15k20192020€-20k€-15k€-10k€-5k€0Operating result 2019: €2k€1.9kNet result 2019: €2k€1.9kOperating result 2020: €-15k€-15kNet result 2020: €-15k€-15k20192020
The operating result turns negative in 2020: a loss of €15k after €2k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €37k
Fixed assets €122 ▼ 52.2%
Current assets €37k ▲ 35.2%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-15k
2019 · €2k
Cash flow
€-15k
2019 · €2k
Solvency
-18.9%
2019 · 29.1%
Current ratio
0.84
2019 · 1.43
Quick ratio
0.54
2019 · 1.43
ROA
-40.6%
2019 · 6.8%
Debt
€45k
2019 · €20k
Debt ≤ 1 year
€45k
2019 · €19k
Income taxes
€400
2019 · €735
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 · 24 lines
Balance sheet Code20192020
Assets
Total assets20/58€28k€37k
Fixed assets21/28€255€122
Tangible fixed assets22/27€255€122
Current assets29/58€28k€37k
Stocks and contracts in progress3-€13k
Amounts receivable within one year40/41€26k€23k
Cash at bank and in hand54/58€1k€754
Equity and liabilities
Total equity and liabilities10/49€28k€37k
Equity10/15€8k€-7k
Contributions10/11€6k-
Reserves13€2k€2k=
Profit (loss) carried forward14-€-15k
Amounts payable17/49€20k€45k
Amounts payable within one year42/48€19k€45k
Trade debts44€605€13k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€144€133
Gross operating margin9900€3k€-15k
Operating profit (loss)9901€2k€-15k
Recurring financial income75€840-
Recurring financial charges65€126€786
Profit (loss) for the period before taxes9903€3k€-15k
Income taxes67/77€735€400
Profit (loss) for the period9904€2k€-15k
Profit (loss) for the period to be appropriated9905€2k€-15k

Download as CSV

Timeline · acts, filings and financial milestones

2023
08-02
Bankruptcy Opening
Ondernemingsrechtbank Brussel · BELGA TELECOM BV BROG- NIEZSTRAAT 97, 1070 ANDERLECHT · event 31-01-2023
2022
27-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 239 days late
2021
09-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 282 days late
SignalNBB filing

Directors · office · real estate

Directors
3 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
1 establishment unit since 2018
establishment The establishment unit on the map
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
83 m²
Building footprint
81 m²
Volume, LiDAR
1,021 m³
Parcel 21305B0209/00Z018, Brussels · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BELGA TELECOM
Construction of utility projects for electricity and telecommunications
since 20182.281.816.815
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21305B0209/00Z018 Brussels 83 m² 1 · 81 m² 16.8 m · 5 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 SVEN DE MAESENEER
PEGASUSLAAN 5, 1831 DIEGEM-
31-01-2023present

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded14-11-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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