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Benelux Multiservices

Active
Vaartkaai 31 ·2170 Antwerpen, Belgium
Open bankruptcy
KBO/BCE: BE 0758.480.909
Watch Print / PDF
Belgian State Gazette acts: 0 of 2 read
Age5 yrs
Real estate2 parcels · 5,202 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for Benelux Multiservices according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-189k) and a net result of €-198k.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
03-11-2023
Bankruptcy Opening
Date: 26-10-2023 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BENELUX MULTISERVICES BV VAARTKAAI 31, 2170 MERKSEM (ANTWERPEN) · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2021, that is 31-07-2022.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2021 31-07-2022 30-08-2022 30 d late 2022-20345957

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-198k
Working capital€-230k
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 30-08-2022 with the NBB · fiscal year 2021 · verkort
Sector comparison
Fiscal year 2021 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -41.7% 38.6%
better than 7% of 594 sector peers
Net result €-198k €23k
better than 5% of 594 sector peers
Equity €-189k €169k
better than 6% of 594 sector peers
Gross operating margin €1.04M €68k
better than 94% of 591 sector peers
Staff costs €1.23M €81k
higher than 90% of 140 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2021
Depositverkort
Revenue-
EBITDA€-193k
Net profit€-198k
Cash flow€-196k
Staff costs€1.23M
Income taxes-
Dividends-
Total assets€453k
Equity€-189k
Debt€642k
of which ≤ 1y€642k
of which > 1y-
Working capital€-230k
Employees (FTE)39.3
Ratios (computed)
2021
Current ratio0.64
Quick ratio0.61
Working capital ratio-50.7%
Solvency-41.7%
Debt / equity-3.40
Long-term debt ratio-
Interest coverage-54.15
Gross margin-
Net margin-
ROA-43.7%
ROE104.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€453k
Fixed assets 21/28€41k
Tangible fixed assets 22/27€40k
Financial fixed assets 28€490
Current assets 29/58€412k
Stocks & contracts in progress 3€20k
Amounts receivable within one year 40/41€155k
Cash & bank 54/58€229k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€453k
Equity 10/15€-189k
Contributions / capital 10/11€9k
Accumulated profits (losses) 14€-198k
Amounts payable 17/49€642k
Amounts payable within one year 42/48€642k
Trade debts payable within one year 44€264k
Income statement
Gross operating margin 9900€1.04M
Operating result 9901€-194k
Financial charges 65€4k
Result before taxes 9903€-198k
Net result for the period 9904€-198k
Result to be appropriated 9905€-198k
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

2 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator STEFFI VANHULLE
GROTE BAAN 68, 9120 BEVEREN- WAAS
 26-10-2023 → present Belgian State Gazette

Legal Structure

NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Private limited company(610)
Incorporation17-11-2020
StatusActive
Postal code2170
First BS signal 03-11-2023
Latest BS signal 03-11-2023

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Vaartkaai 312170 Antwerpen

Establishment units

1 location
Benelux Multiservices
Route de Trazegnies 109, 6031 CharleroiOverige vervoerondersteunende activiteiten
since 20202.309.978.289
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,202 m²
Buildings2
Building footprint1,315 m²
Volume (LiDAR)10,565 m³
Tallest building12.9 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0583/00S000 Flanders 4,866 m² 1 · 1,210 m² 10.5 m · 3 fl.
52047A0149/00V003 Wallonia 336 m² 1 · 105 m² 12.9 m · 4 fl.
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
03-11-2023
Bankruptcy Opening
Date: 26-10-2023 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BENELUX MULTISERVICES BV VAARTKAAI 31, 2170 MERKSEM (ANTWERPEN) · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-11-03 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

0 of 2 acts read

We know of 2 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.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health0Profitability100Solvency36Growth-Stability0
34 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 100
Solvency 36
Growth -
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 15,465 of the 82,035 companies in this sector. 285 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Logistieke diensten52250Overige vervoerondersteunende activiteiten52290
Primary activity highlighted.
Names & trade names
Legal nameNL Benelux Multiservices
Registered office
Vaartkaai 31
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.