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BIO BASIC

Bankruptcy closed
Private limited companyfounded 2015de Stassartstraat 17, 1050 Elsene, BelgiumKBO/BCE: BE 0612.982.590

BIO BASIC was declared bankrupt (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy declaration was reversed by judgment of 02-03-2023, published in the Belgian State Gazette on 07-03-2023. The 2021 annual accounts show equity of €70k and a net result of €39k.

Signals

Three signals.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date. The Staatsblad has since published the closure of that bankruptcy (latest notice 07-03-2023); the register's strike-off usually follows later.
KBO · legal situation
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 2021, micro schema

Equity
€70k▲ 125%
2020 · €31k
2018: €-52k 2019: €-14k 2020: €31k
2018 → 2021
Total assets
€338k▼ 6.3%
2020 · €361k
2018: €285k 2019: €416k 2020: €361k
2018 → 2021
Net result
€39k▼ 6.4%
2020 · €41k
2018: €16k 2019: €38k 2020: €41k
2018 → 2021
Working capital
€96k▲ 68.1%
2020 · €57k
2018: €-56k 2019: €-18k 2020: €57k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€-52k-€-14k▲ 72.5%€31k€70k▲ 125%
Operating result€16k-€38k▲ 133%€52k▲ 38.9%€44k▼ 15.4%
Net result€16k-€38k▲ 142%€41k▲ 8.7%€39k▼ 6.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2018: €16k€16kNet result 2018: €16k€16kOperating result 2019: €38k€38kNet result 2019: €38k€38kOperating result 2020: €52k€52kNet result 2020: €41k€41kOperating result 2021: €44k€44kNet result 2021: €39k€39k2018201920202021
The operating result falls in 2021; 2021 is 15% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €338k
Fixed assets €4k=
Current assets €335k▼ 6.4%
Equity and liabilities €338k
Equity €70k▲ 125%
Provisions €30k=
Debt €239k▼ 20.4%
The debt ratio falls from 83.3% to 70.7%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
Solvency
20.6%
2020 · 8.5%
Current ratio
1.40
2020 · 1.19
Quick ratio
0.08
2020 · 0.07
Debt / equity
3.44
2020 · 9.75
ROE
55.6%
2020 · 134.0%
ROA
11.4%
2020 · 11.5%
Debt
€239k
2020 · €301k
Debt ≤ 1 year
€239k
2020 · €301k
Income taxes
€5k
2020 · €10k
Staff costs
€68k
2020 · €54k
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 · 2021 against 2020
Balance sheet Code20202021
Assets
Total assets20/58€361k€338k
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€358k€335k
Stocks and contracts in progress3€336k€317k
Stocks30/36€336k€317k
Amounts receivable within one year40/41€13k€12k
Trade receivables40€5k€5k=
Other amounts receivable41€8k€8k
Cash at bank and in hand54/58€8k€6k
Equity and liabilities
Total equity and liabilities10/49€361k€338k
Equity10/15€31k€70k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€12k€51k
Provisions and deferred taxes16€30k€30k=
Provisions for liabilities and charges160/5€30k€30k=
Other liabilities and charges164/5€30k€30k=
Amounts payable17/49€301k€239k
Amounts payable within one year42/48€301k€239k
Trade debts44€57k€47k
Suppliers440/4€57k€47k
Taxes, remuneration and social security45€2k€27k
Taxes450/3€192€9k
Remuneration and social security454/9€2k€18k
Other amounts payable47/48€241k€166k
Income statement Code20202021
Remuneration, social security and pensions62€54k€68k
Provisions for liabilities and charges: additions (uses and reversals)635/8€30k-
Other operating charges640/8€648-
Gross operating margin9900€136k€112k
Operating profit (loss)9901€52k€44k
Financial charges65/66B€739€1
Recurring financial charges65€739€1
Profit (loss) for the period before taxes9903€51k€44k
Income taxes67/77€10k€5k
Profit (loss) for the period9904€41k€39k
Profit (loss) for the period to be appropriated9905€41k€39k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€51k
Profit (loss) brought forward from the previous period14P€-29k€12k

The notes to these accounts (2 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

2023
07-03
Bankruptcy Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · BIO BASIC SPRL RUE WAYEZ 60-6, 1070 ANDERLECHT. déclarée le 30 janvier 2023 · event 02-03-2023
09-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 193 days late
09-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 558 days late
2020
31-12
Financial Highest result since 2018net €41k ▲8.7%
Operating result €52k, net result €41k, both a record.
14-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
25-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 238 days late
24-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 602 days late
23-03
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 966 days late
23-03
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 1331 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Elsene
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.

de Stassartstraat 171050 Elsene
Ground area
42 m²
Building footprint
42 m²
Volume, LiDAR
589 m³
Parcel 21009A0416/00Y002, Brussels · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0416/00Y002 Brussels 42 m² 1 · 42 m² 16.1 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.

Similar companies · same sector, comparable size

Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 4,671 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-03-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.