BKOA
Bankruptcy closedSummary
BKOA was declared bankrupt on 12-05-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 21-05-2024, published in the Belgian State Gazette on 29-05-2024. The 2021 annual accounts show equity of €48k and a net result of €16k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-09-2022, 35 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.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
35 d late
2020
53 d late
2019
125 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€48k▲ 52.4%
2020 · €31k
2018: €11k
2019: €27k
2020: €31k
2018 → 2021
Total assets
€62k▲ 56.8%
2020 · €40k
2018: €12k
2019: €50k
2020: €40k
2018 → 2021
Net result
€16k▲ 245%
2020 · €5k
2018: €-8k
2019: €16k
2020: €5k
2018 → 2021
Working capital
€45k▲ 52.5%
2020 · €30k
2018: €9k
2019: €25k
2020: €30k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€11k-€27k▲ 141%€31k▲ 17.9%€48k▲ 52.4%
Operating result€-8k-€16k€8k▼ 46.1%€25k▲ 195%
Net result€-8k-€16k€5k▼ 69.5%€16k▲ 245%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 195% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €62k
Fixed assets
€3k ▲ 49.8%
Current assets
€59k ▲ 57.1%
Equity and liabilities €62k
Equity
€48k ▲ 52.4%
Debt
€14k ▲ 73.8%
Debt's share of the balance-sheet total rises from 20.7% to 23.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k
Cash flow
€17k
Current ratio
4.16▼
2020 · 4.60
Debt to equity
0.30
ROE
34.4%▲
2020 · 15.2%
ROA
26.5%▲
2020 · 12.0%
Interest coverage
61.75
Debt ≤ 1 year
€14k▲
2020 · €8k
Income taxes
€8k▲
2020 · €3k
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 · 37 lines
Balance sheet
Code20202021
Assets
Total assets20/58€40k€62k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27-€936
Furniture and vehicles24-€936
Financial fixed assets28€2k€2k=
Current assets29/58€38k€59k▲
Stocks and contracts in progress3€4k-
Amounts receivable within one year40/41€29k€53k▲
Trade receivables40-€1k
Other amounts receivable41-€51k
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1-€674
Equity and liabilities
Total equity and liabilities10/49€40k€62k▲
Equity10/15€31k€48k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Profit (loss) carried forward14€13k€29k▲
Amounts payable17/49€8k€14k▲
Amounts payable within one year42/48€8k€14k▲
Trade debts44€2k€1k▼
Suppliers440/4-€1k
Taxes, remuneration and social security45-€13k
Taxes450/3-€13k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€238
Non-recurring operating charges66A-€410
Gross operating margin9900€10k€25k▲
Operating profit (loss)9901€8k€25k▲
Recurring financial income75€0-
Financial charges65/66B-€406
Recurring financial charges65€343€406▲
Profit (loss) for the period before taxes9903€8k€24k▲
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€5k€16k▲
Profit (loss) for the period to be appropriated9905€5k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€29k
Profit (loss) brought forward from the previous period14P-€13k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
29-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · BKOA SRL CHAUSSEE DE GAND 131, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 12 mai 2023 · event 21-05-2024
2023
24-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BKOA SRL CHAUSSEE DE GAND 131, 1080 MOLENBEEK-SAINT-JEAN · event 12-05-2023
2022
04-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 35 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲245%
Operating result €25k, net result €16k, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 4.60
Current ratio from 2.06 to 4.60; short-term debt falls from €23k to €8k.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 2018
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.
Gentsesteenweg 1311080 Sint-Jans-MolenbeekGround area
83 m²
Building footprint
68 m²
Volume, LiDAR
729 m³
Parcel 21522B0100/00D000, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BKOA
since 20182.285.153.120
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0100/00D000 | Brussels | 83 m² | 1 · 68 m² | 14.8 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 | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
12-05-2023 → 21-05-2024 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000