Active BE 0833.697.083Private limited company (pre-2019)Open bankruptcy

BIZZBONE

Meerdorp 1 ·2321 Hoogstraten, Belgium· 15 yrs active

Sector: NACE 61100 (61100)

Conclusion Checked

A bankruptcy procedure is open for BIZZBONE according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (€-50k) and a net result of €-71k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-50k
Net result	€-71k
Active	15 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

33 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2020 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 16-08-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

EBITDA

€-59k

- far below sector median

Net profit

€-71k

- far below sector median

Cash flow

€-54k

- far below sector median

Total assets

€63k

-60.9% -100% vs sector

Equity

€-50k

- far below sector median

Working capital

€-35k

- far below sector median

Income taxes

€507

- -98% vs sector

Dividends

€0

- 18-20

Debt

€114k

-12.4% -99% vs sector

Debt ≤ 1y

€71k

+2.0% -97% vs sector

Debt > 1y

€43k

-29.2% -99% vs sector

Current ratio

0.50

-70.4% -79% vs sector

Quick ratio

0.47

-72.3% -80% vs sector

Solvency

-79.2%

- far below sector median

Debt / equity

-0.85

- far below sector median

ROE

140.7%

+284.3% far above sector median

ROA

-111.4%

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Revenue	-
EBITDA	€-59k
Net profit	€-71k
Cash flow	€-54k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€63k
Equity	€-50k
Debt	€114k
of which ≤ 1y	€71k
of which > 1y	€43k
Working capital	€-35k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	0.50
Quick ratio	0.47
Working capital ratio	-55.8%
Solvency	-79.2%
Debt / equity	-0.85
Long-term debt ratio	-0.85
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-111.4%
ROE	140.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €28k · 43.6% Current assets €36k · 56.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€63k
Fixed assets	21/28	€28k
Intangible fixed assets	21	€28k
Current assets	29/58	€36k
Stocks & contracts in progress	3	€2k
Amounts receivable within one year	40/41	€27k
Cash & bank	54/58	€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€63k
Equity	10/15	€-50k
Reserves	13	€2k
Accumulated profits (losses)	14	€-71k
Amounts payable	17/49	€114k
Amounts payable after one year	17	€43k
Amounts payable within one year	42/48	€71k
Trade debts payable within one year	44	€69k
Income statement
Gross operating margin	9900	€-58k
Operating result	9901	€-75k
Financial income	75	€2
Financial charges	65	€337
Result before taxes	9903	€-76k
Net result for the period	9904	€-76k
Result to be appropriated	9905	€-76k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE- HERTOG	03-12-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	61100
Legal form	Private limited company (pre-2019)(015)
Incorporation	04-02-2011
Status	Active
Postal code	2321
First BS signal	09-12-2024
Latest BS signal	09-12-2024

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

BIZZBONE

Zijdelingsestraat 17, 3300 TienenHandelsbemiddeling in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (bv ambulances)

since 20112.196.737.026

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13020C0282/00L000	Flanders	469 m²	1 · 143 m²	9.5 m · 2 fl.
24592F0100/00L011	Flanders	449 m²	1 · 98 m²	15.2 m · 3 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.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

09-12-2024

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · BIZZBONE BV MEERDORP 1, 2321 MEER · event 03-12-2024

2022

16-08-2022