Age22 yrs
Real estate32 parcels · 10.3 ha
Summary
Conclusion
the dossier summarised in one paragraphThe KBO register records legal situation 050 for Bloemenhal (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-543k) and a net result of €-805k.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy 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
2 events19-04-2024
Judicial reorganisation
Transfer under judicial authority
Signals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideFiling 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.
Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 21-09-2023, 52 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. 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 31-12-2022, that is 31-07-2023.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | 21-09-2023 | 52 d late | 2023-00451693 |
| 31-12-2021 | 31-07-2022 | 29-08-2022 | 29 d late | 2022-20338886 |
| 31-12-2020 | 31-07-2021 | 16-11-2021 | 108 d late | 2021-77600093 |
| 31-12-2019 | 31-07-2020 | 02-12-2020 | 124 d late | 2020-74200382 |
| 31-12-2018 | 31-07-2019 | 30-09-2019 | 61 d late | 2019-67900130 |
| 31-12-2017 | 31-07-2018 | 19-07-2018 | 12 d early | 2018-36000063 |
| 31-12-2016 | 31-07-2017 | 03-08-2017 | 3 d late | 2017-41300444 |
| 31-12-2015 | 31-07-2016 | 03-08-2016 | 3 d late | 2016-39900108 |
| 31-12-2014 | 31-07-2015 | 31-08-2015 | 31 d late | 2015-50300026 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. 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 signalsRegister: 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.
Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
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
Turnover€9.60M
EBIT margin-1.0%
Net result€-805k-3125.3%
Working capital€-1.60M-22.9%
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 21-09-2023 with the NBB · fiscal year 2022 · full schema
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -11.9% | 20.4% | |
| Net result | €-805k | €9k | |
| Equity | €-543k | €82k | |
| Staff costs | €1.71M | €176k | |
| Employees (FTE) | 39.2 | 5.8 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P14
Stable position over 2020-2022
· n=459-752
P5
Weakening position over 2020-2022
· n=460-749
P5
Weakening position over 2020-2022
· n=460-753
P92
Stable position over 2020-2022
· n=314-479
Describes the position versus peers, not a forecast.
€9.60M
-
18-22
€212k
-66.5%
18-22
€-805k
-3125.3%
18-22
€-496k
-
18-22
€4.55M
-26.9%
18-22
€-543k
-
18-22
€-1.60M
-22.9%
18-22
39
-23.0%
18-22
Show 14 other metrics
€1.71M
-15.2%
18-22
€2k
-96.3%
18-22
€5.09M
-14.5%
18-22
€3.40M
-1.1%
18-22
€1.64M
-34.5%
18-22
0.53
-14.8%
18-22
0.37
-4.0%
18-22
-11.9%
-
18-22
-9.36
-
18-22
148.2%
-
18-22
-17.7%
-4310.8%
18-22
-8.4%
-
18-22
2.2%
-
18-22
3.73
+89.2%
18-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | full schema |
| Revenue | €9.60M |
| EBITDA | €212k |
| Net profit | €-805k |
| Cash flow | €-496k |
| Staff costs | €1.71M |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €4.55M |
| Equity | €-543k |
| Debt | €5.09M |
| of which ≤ 1y | €3.40M |
| of which > 1y | €1.64M |
| Working capital | €-1.60M |
| Employees (FTE) | 39.2 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.53 |
| Quick ratio | 0.37 |
| Working capital ratio | -35.2% |
| Solvency | -11.9% |
| Debt / equity | -9.36 |
| Long-term debt ratio | -3.02 |
| Interest coverage | 3.73 |
| Gross margin | 46.0% |
| Net margin | -8.4% |
| ROA | -17.7% |
| ROE | 148.2% |
| EBITDA margin | 2.2% |
| Days sales outstanding | 16d |
| Days payable outstanding | 72d |
| Inventory turnover | 9.32 |
| Days inventory (DSI) | 39d |
Balance-sheet composition 2022
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.55M |
| Fixed assets | 21/28 | €2.75M |
| Intangible fixed assets | 21 | €1k |
| Tangible fixed assets | 22/27 | €1.99M |
| Financial fixed assets | 28 | €763k |
| Current assets | 29/58 | €1.80M |
| Stocks & contracts in progress | 3 | €557k |
| Amounts receivable within one year | 40/41 | €1.21M |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.55M |
| Equity | 10/15 | €-543k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €42k |
| Accumulated profits (losses) | 14 | €-604k |
| Provisions & deferred taxes | 16 | €5k |
| Amounts payable | 17/49 | €5.09M |
| Amounts payable after one year | 17 | €1.64M |
| Amounts payable within one year | 42/48 | €3.40M |
| Trade debts payable within one year | 44 | €1.02M |
| Income statement | ||
| Turnover | 70 | €9.60M |
| Operating result | 9901 | €-98k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €133k |
| Result before taxes | 9903 | €-804k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-805k |
| Result to be appropriated | 9905 | €-804k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2022 · computed0
/ 100
Critical
Computed from 6 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 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Kortrijksesteenweg 2249830 Sint-Martens-LatemEstablishment units
32 locationsBLOEMENHAL
since 20042.137.221.487
BLOEMENHAL
since 20092.199.842.214
BLOEMENHAL
since 20102.199.842.808
BLOEMENHAL
since 20112.199.843.204
BLOEMENHAL
since 20112.199.843.501
BLOEMENHAL
since 20122.215.253.732
Show 26 more locations
BLOEMENHAL
since 20122.215.253.336
BLOEMENHAL
since 20122.215.253.039
BLOEMENHAL
since 20132.215.253.138
Bloemenhal Lochristi
since 20132.228.405.645
Bloemenhal Brugge
since 20132.228.406.041
Bloemenhal Oudenaarde
since 20142.228.406.140
Bloemenhal Middelkerke
since 20142.228.406.338
Bloemenhal Deinze
since 20142.241.457.093
Bloemenhal Aalter
since 20142.241.456.895
Bloemenhal Izegem
since 20152.241.456.994
BLOEMMENHAL
since 20152.250.330.219
BLOEMENHAL
since 20152.250.330.318
BLOEMENHAL
since 20152.250.330.417
BLOEMENHAL
since 20162.252.939.618
Bloemenhal Knokke
since 20162.264.654.347
Bloemenhal Willebroek
since 20182.275.709.377
Bloemenhal Sint-Kruis
since 20192.287.725.796
Administratie en logistiek Schellebelle
since 20202.315.227.771
Tieltstraat 219B, 8760 Tielt
since 20202.307.492.517
Zonnestraat 200, 9600 Ronse
since 20202.307.492.418
Venstraat 153 D, 2900 Schoten
since 20202.307.492.715
Hingenesteenweg(BOR) 34 GLV, 2880 Bornem
since 20202.307.492.616
Kaaskerkestraat 54, 8600 Diksmuide
since 20202.307.492.319
Bloemenhal Merchtem
since 20212.315.227.672
Bloemenhal Sint-Michiels
since 20212.315.227.573
Basilix-Brussel
since 20212.319.196.457
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels32
Ground area10.3 ha
Buildings31
Building footprint4.1 ha
Volume (LiDAR)262,737 m³
Tallest building26.8 m · ±8 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
31
(96.9%)
Brussels
1
(3.1%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C1136/00L000 | Flanders | 2.3 ha | 1 · 6,772 m² | 7.2 m · 2 fl. |
| 21003A0333/00C006 | Brussels | 1.3 ha | 1 · 9,101 m² | 26.6 m · 4 fl. |
| 11442C0139/00L009 | Flanders | 9,788 m² | 1 · 4,390 m² | 10.4 m · 2 fl. |
| 34022E0355/00M000 | Flanders | 7,443 m² | 1 · 3,131 m² | 11.4 m · 2 fl. |
| 42018A1136/00B000 | Flanders | 7,350 m² | 1 · 4,397 m² | 7.7 m · 2 fl. |
| 43005A0623/00V000 | Flanders | 4,659 m² | 1 · 756 m² | 12.3 m · 2 fl. |
| 12040A0602/00N002 | Flanders | 4,234 m² | 1 · 105 m² | 11.4 m · 4 fl. |
| 35011A0429/00C002 | Flanders | 3,657 m² | 1 · 1,498 m² | 4.7 m · 1 fl. |
| 31030A0383/00G000 | Flanders | 3,528 m² | 1 · 587 m² | 26.8 m · 8 fl. |
| 45422D0698/00W000 | Flanders | 2,718 m² | 1 · 1,157 m² | 4.7 m · 1 fl. |
22 more parcels, available from Kantoor S.
See plans →Methodology
via registered seat: 1 · via establishment units: 31
31 of 32 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette19-04-2024
Judicial reorganisation
Transfer under judicial authority
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 16-01-2024 to 19-04-2024.
Available in Kantoor S.
See plans →
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
1 act Address history · 1
13-09-2023
Registered-office move
All acts · 1
updated 2 years ago
2023
13-09-2023 Registered office moved from Wichelen to Sint-Martens-Latem
- Dendermondsesteenweg 130A, 9260 Wichelen → Kortrijksesteenweg 224, 9830 Sint-Martens-Latem
Analysis
Financial profile
5 of 5 axes measured21
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
37
Solvency
34
Growth
32
Stability
0
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 211 of the 3,389 companies in this sector. 143 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Detailhandel in bloemen, planten, zaden en kunstmeststoffen47761Overige markt- en straathandel52623Detailhandel in wijnen en geestrijke dranken47251Overige detailhandel in nieuwe artikelen neg47789Markt- en straathandel in andere artikelen47890Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
| Legal nameNL | Bloemenhal |
Registered office
Kortrijksesteenweg 224
9830 Sint-Martens-Latem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.