BK SERVICE
InactiveBK SERVICE was declared bankrupt on 22-08-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 08-10-2024, published in the Belgian State Gazette on 14-10-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 24-03-2023, 236 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
236 d late
2020
66 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41k▲ 405%
2020 · €8k
2020: €8k
2020 → 2021
Working capital
€47k▲ 797%
2020 · €5k
2020: €5k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€13k-€54k▲ 312%
Operating result€2k-€42k▲ 2,050%
Net result€8k-€41k▲ 405%
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 2,050% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €58k
Fixed assets
€6k ▼ 13.2%
Current assets
€51k ▲ 227%
Equity and liabilities €58k
Equity
€54k ▲ 312%
Debt
€4k ▼ 58.9%
Debt's share of the balance-sheet total falls from 44.5% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2020 · €5k
Cash flow
€43k▲
2020 · €11k
Current ratio
11.95▲
2020 · 1.50
Quick ratio
10.29▲
2020 · 1.50
Debt to equity
0.08
ROE
75.7%▲
2020 · 61.8%
ROA
70.1%▲
2020 · 34.2%
Interest coverage
43.57
Debt ≤ 1 year
€4k▼
2020 · €10k
Staff costs
€4k
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 · 2021 against 2020 · 38 lines
Balance sheet
Code20202021
Assets
Total assets20/58€24k€58k▲
Formation expenses20€687€504▼
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€5k▼
Furniture and vehicles24-€5k
Financial fixed assets28-€960
Current assets29/58€16k€51k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€12k€21k▲
Other amounts receivable41-€21k
Cash at bank and in hand54/58€4k€23k▲
Equity and liabilities
Total equity and liabilities10/49€24k€58k▲
Equity10/15€13k€54k▲
Contributions10/11€5k€5k=
Reserves13€404€404=
Non-distributable reserves130/1-€404
Reserves not available under the articles1311-€404
Profit (loss) carried forward14€8k€48k▲
Amounts payable17/49€10k€4k▼
Amounts payable within one year42/48€10k€4k▼
Trade debts44€8k€4k▼
Suppliers440/4-€4k
Taxes, remuneration and social security45-€238
Taxes450/3-€26
Remuneration and social security454/9-€212
Income statement
Code20202021
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8-€2k
Gross operating margin9900€6k€50k▲
Operating profit (loss)9901€2k€42k▲
Financial charges65/66B-€1k
Recurring financial charges65€112€1k▲
Profit (loss) for the period before taxes9903€8k€41k▲
Profit (loss) for the period9904€8k€41k▲
Profit (loss) for the period to be appropriated9905€8k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€48k
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
14-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BK SERVICE BV NINOOFSESTEENWEG 124, 1700 DILBEEK · event 08-10-2024
2023
29-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BK SERVICE BV NINOOFSE- STEENWEG 124, 1700 DILBEEK · event 22-08-2023
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 236 days late
2021
31-12
Financial
Liquidity times 8current ratio 11.95
Current ratio from 1.50 to 11.95; short-term debt falls from €10k to €4k.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 66 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
22-08-2023 → 08-10-2024 |