BELGIUM SERVICE.BE
Open bankruptcyA bankruptcy procedure is open for BELGIUM SERVICE.BE according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
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 20-03-2021, 133 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
133 d early
2019
225 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€47k▲ 57.9%
2019 · €30k
2018: €8k
2019: €30k
2018 → 2020
Total assets
€50k▲ 65.8%
2019 · €30k
2018: €9k
2019: €30k
2018 → 2020
Net result
€17k▲ 82.2%
2019 · €9k
2018: €-578
2019: €9k
2018 → 2020
Working capital
€47k▲ 57.9%
2019 · €30k
2018: €8k
2019: €30k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€8k-€30k▲ 281%€47k▲ 57.9%
Operating result€-547-€9k€17k▲ 82.2%
Net result€-578-€9k€17k▲ 82.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 82% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €50k
Equity
€47k▲ 57.9%
Debt
€4k▲ 365%
The debt ratio rises from 2.6% to 7.2%. Equity and debt are higher.
Key figures and ratios
Solvency
92.8%▼
2019 · 97.4%
Current ratio
13.93▼
2019 · 39.08
Quick ratio
13.93▼
2019 · 39.08
ROE
36.7%▲
2019 · 31.8%
ROA
34.0%▲
2019 · 31.0%
Debt
€4k▲
2019 · €775
Debt ≤ 1 year
€4k▲
2019 · €775
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€30k€50k▲
Current assets29/58€30k€50k▲
Amounts receivable within one year40/41€26k€41k▲
Cash at bank and in hand54/58€5k€10k▲
Equity and liabilities
Total equity and liabilities10/49€30k€50k▲
Equity10/15€30k€47k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€9k€26k▲
Amounts payable17/49€775€4k▲
Amounts payable within one year42/48€775€4k▲
Trade debts44€135€1k▲
Income statement
Code20192020
Gross operating margin9900€10k€18k▲
Operating profit (loss)9901€9k€17k▲
Recurring financial charges65€66€115▲
Profit (loss) for the period before taxes9903€9k€17k▲
Profit (loss) for the period9904€9k€17k▲
Profit (loss) for the period to be appropriated9905€9k€17k▲
Timeline · acts, filings and financial milestones
2022
28-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BELGIUM SERVICE.BE LT. GRAFFPLEIN 15, 1780 WEMMEL · event 22-11-2022
2021
20-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 225 days late
2020
31-12
Financial
Highest result since 2018net €17k ▲82.2%
Operating result €17k, net result €17k, both a record.
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 39.08
Current ratio from 9.49 to 39.08; short-term debt falls from €912 to €775.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 159 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
22-11-2022 → present |