BOOK'IN
Dissolution or liquidationSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingAddress struck
History
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€55,593▲ 160%
2020 · €21,381
Working capital
€114,778▲ 84.9%
2020 · €62,061
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€8,000-€1,422▼ 82.2%€23,433▲ 1,547%€59,071▲ 152%
Net result€3,880--€332€21,381€55,593▲ 160%
Equity€45,600-€45,267▼ 0.7%€66,649▲ 47.2%€122,241▲ 83.4%
Total assets€102,562-€130,980▲ 27.7%€123,977▼ 5.3%€148,152▲ 19.5%
Debt€56,962-€85,713▲ 50.5%€57,328▼ 33.1%€25,911▼ 54.8%
Working capital€35,730-€38,464▲ 7.7%€62,061▲ 61.3%€114,778▲ 84.9%
Staff (FTE)2.9-2.9=
Staff figure corrected
- 2018 Filed: 78,583.1; shown: 2.9 (source: average staff, item 9087). The filed figure means under EUR 100 of staff costs per FTE.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 152% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €148,152
Fixed assets
€7,463 ▲ 62.7%
Current assets
€140,689 ▲ 17.8%
Equity and liabilities €148,152
Equity
€122,241 ▲ 83.4%
Debt
€25,911 ▼ 54.8%
Debt's share of the balance-sheet total falls from 46.2% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64,047▲
2020 · €25,648
Cash flow
€60,569▲
2020 · €23,597
Current ratio
5.43▲
2020 · 2.08
Quick ratio
3.55▲
2020 · 1.23
Debt to equity
0.21
ROE
45.5%▲
2020 · 32.1%
ROA
37.5%▲
2020 · 17.2%
Interest coverage
18.41
Debt ≤ 1 year
€25,911▼
2020 · €57,328
Staff costs
€9,556
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €9,556 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,560 | €3,067 | €2,215 | €4,976 | ▲ 125% |
| Other operating charges640/8 | - | - | - | €978 | - |
| Gross operating margin9900 | €93,237 | €89,544 | €69,470 | €74,581 | ▲ 7.4% |
| Operating profit (loss)9901 | €8,000 | €1,422 | €23,433 | €59,071 | ▲ 152% |
| Recurring financial income75 | €4 | €164 | - | - | - |
| Financial charges65/66B | - | - | - | €3,478 | - |
| Recurring financial charges65 | €1,502 | €1,568 | €2,051 | €3,478 | ▲ 69.6% |
| Profit (loss) for the period before taxes9903 | €6,502 | -€117 | €21,381 | €55,593 | ▲ 160% |
| Income taxes67/77 | €2,622 | €215 | - | - | - |
| Profit (loss) for the period9904 | €3,880 | -€332 | €21,381 | €55,593 | ▲ 160% |
| Profit (loss) for the period to be appropriated9905 | €3,880 | -€332 | €21,381 | €55,593 | ▲ 160% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €102,562 | €130,980 | €123,977 | €148,152 | ▲ 19.5% |
| Fixed assets21/28 | €9,870 | €6,803 | €4,588 | €7,463 | ▲ 62.7% |
| Tangible fixed assets22/27 | €8,946 | €5,879 | €3,664 | €6,539 | ▲ 78.5% |
| Furniture and vehicles24 | - | - | - | €6,539 | - |
| Financial fixed assets28 | €924 | €924 | €924 | €924 | = |
| Current assets29/58 | €92,692 | €124,177 | €119,389 | €140,689 | ▲ 17.8% |
| Stocks and contracts in progress3 | €34,672 | €48,672 | €48,672 | €48,672 | = |
| Stocks30/36 | - | - | - | €48,672 | - |
| Amounts receivable within one year40/41 | €48,038 | €66,264 | €70,202 | €69,571 | ▼ 0.9% |
| Other amounts receivable41 | - | - | - | €69,571 | - |
| Cash at bank and in hand54/58 | €9,265 | €8,726 | - | €22,445 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €102,562 | €130,980 | €123,977 | €148,152 | ▲ 19.5% |
| Equity10/15 | €45,600 | €45,267 | €66,649 | €122,241 | ▲ 83.4% |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Capital10 | - | - | - | €18,750 | - |
| Issued capital100 | - | - | - | €18,750 | - |
| Reserves13 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Non-distributable reserves130/1 | - | - | - | €1,875 | - |
| Legal reserve130 | - | - | - | €1,875 | - |
| Profit (loss) carried forward14 | €24,975 | €24,642 | €46,024 | €101,616 | ▲ 121% |
| Amounts payable17/49 | €56,962 | €85,713 | €57,328 | €25,911 | ▼ 54.8% |
| Amounts payable within one year42/48 | €56,962 | €85,713 | €57,328 | €25,911 | ▼ 54.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,000 | - |
| Trade debts44 | €24,697 | €26,526 | - | €8,043 | - |
| Suppliers440/4 | - | - | - | €8,043 | - |
| Taxes, remuneration and social security45 | - | - | - | €13,859 | - |
| Taxes450/3 | - | - | - | €11,243 | - |
| Remuneration and social security454/9 | - | - | - | €2,616 | - |
| Other amounts payable47/48 | - | - | - | €9 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,880 | -€332 | €21,381 | €55,593 | ▲ 160% |
| + Depreciation and write-downs630 | €3,560 | €3,067 | €2,215 | €4,976 | ▲ 125% |
| Operating cash flow (approximation) | €7,440 | €2,734 | €23,597 | €60,569 | ▲ 157% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€7,851 | - |
| Change in cash | - | -€538 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2025
04-04
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · liquidator: A. Bochon · event 27-03-2025
2024
25-10
KBO administration
Address struck
event 24-09-2024
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 243 days late
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 158 days late
30-09
Financial
Highest result since 2018net €55,593 ▲160%
Operating result €59,071, net result €55,593, both a record.
30-09
Financial
Liquidity triplescurrent ratio 5.43
Current ratio from 2.08 to 5.43; short-term debt falls from €57,328 to €25,911.
30-09
Financial
Equity above €100,000Eq €122,241 ▲83.4%
2 profitable years in a row build equity to €122,241.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 259 days late
2020
30-09
Financial
Back to profitnet €21,381
Net result €21,381 after one loss-making year.
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 167 days late
30-09
Financial
Weakest financial yearnet -€332
Net result drops to -€332, the lowest in the series.
Show earlier events
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
28-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 59 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel
Ground area
46 m²
Building footprint
46 m²
Volume, LiDAR
603 m³
Parcel 21004A0395/00A000, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0395/00A000 | Brussels | 46 m² | 1 · 46 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-1995
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.