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BEN PROJECT

Open bankruptcy
Private limited company (pre-2019)founded 2017Wayezstraat 167, 1070 Anderlecht, BelgiumKBO/BCE: BE 0679.517.266

A bankruptcy procedure is open for BEN PROJECT according to publications in the Belgian State Gazette; curator: CHARLES-HENRI SPRINGUEL.

Summary

The 2020 annual accounts show equity of €56k and a net result of €20k.

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

Turnover
€134k▲ 179%
2018 · €48k
2018: €48k
2018 → 2020
EBIT margin
15.4%▲ 35.0pp
2018 · -19.6%
2018: -19.6%
2018 → 2020
Net result
€20k
2018 · €-9k
2018: €-9k
2018 → 2020
Working capital
€42k▲ 609%
2019 · €6k
2018: €6k 2019: €6k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Turnover€48k-€134k
Equity€6k-€6k=€56k▲ 857%
Operating result€-9k-€21k
Net result€-9k-€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2018: €-9k€-9kNet result 2018: €-9k€-9kOperating result 2020: €21k€21kNet result 2020: €20k€20k201820192020€-10k€0€10k€20kOperating result 2018: €-9k€-9.4kNet result 2018: €-9k€-9.4kOperating result 2020: €21k€21kNet result 2020: €20k€20k201820192020
The operating result is €21k in 2020, compared with €-9k in 2018. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €68k
Fixed assets €15k
Current assets €53k
Equity and liabilities €68k
Equity €56k ▲ 857%
Debt €12k ▲ 89.0%
Debt's share of the balance-sheet total falls from 51.0% to 17.1%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€26k
Cash flow
€26k
Current ratio
4.60
2019 · 1.96
Quick ratio
3.77
2019 · 1.96
ROE
36.3%
ROA
30.1%
Debt ≤ 1 year
€12k
2019 · €6k
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 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€12k€68k
Fixed assets21/28-€15k
Tangible fixed assets22/27-€15k
Current assets29/58€12k€53k
Stocks and contracts in progress3-€10k
Amounts receivable within one year40/41€196€16k
Cash at bank and in hand54/58€12k€28k
Equity and liabilities
Total equity and liabilities10/49€12k€68k
Equity10/15€6k€56k
Contributions10/11€15k€19k
Reserves13-€2k
Profit (loss) carried forward14€-9k€36k
Amounts payable17/49€6k€12k
Amounts payable within one year42/48€6k€12k
Trade debts44€764€4k
Income statement Code20192020
Turnover70-€134k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6k
Gross operating margin9900-€27k
Operating profit (loss)9901-€21k
Recurring financial charges65-€227
Profit (loss) for the period before taxes9903-€20k
Profit (loss) for the period9904-€20k
Profit (loss) for the period to be appropriated9905-€20k

Download as CSV

Timeline · acts, filings and financial milestones

2022
21-02
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · BEN PROJECT SRL RUE WAYEZ 167, 1070 ANDERLECHT · event 14-02-2022
2021
15-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 137 days late
2020
31-12
Financial Liquidity doublescurrent ratio 4.60
Current ratio from 1.96 to 4.60.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Anderlecht · 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.

Wayezstraat 1671070 Anderlecht
Ground area
93 m²
Building footprint
93 m²
Volume, LiDAR
1,042 m³
Parcel 21001A0599/00Z009, Brussels · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
B.P.
Wayezstraat 167, 1070 AnderlechtNACE 45111
since 20182.302.823.154
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21001A0599/00Z009 Brussels 93 m² 1 · 93 m² 16.2 m · 4 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 CHARLES-HENRI SPRINGUEL
AVENUE LOUISE 349, 1050 BRUXELLES 5
14-02-2022present

Similar companies · same sector, comparable size

Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 935 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 (pre-2019)
Founded02-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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