BRASSEL
BankruptcySummary
The KBO register records for BRASSEL the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show negative equity (€-2.74M) and a net result of €-331k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
€870k
EBIT margin
-36.3%
Net result
€-331k▼ 24.3%
2018 · €-266k
2018: €-266k
2018 → 2019
Working capital
€-2.77M▼ 15.2%
2018 · €-2.40M
2018: €-2.40M
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€870k
Equity€-2.38M-€-2.74M▼ 15.4%
Operating result€-258k-€-316k▼ 22.6%
Net result€-266k-€-331k▼ 24.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €316k in 2019 against €258k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €51k
Fixed assets
€23k =
Current assets
€28k ▼ 37.7%
Key figures and ratios
Current ratio
0.01▼
2018 · 0.02
Quick ratio
0.00▼
2018 · 0.01
Debt to equity
-1.02
ROA
-650.7%▼
2018 · -392.4%
Debt
€2.80M▲
2018 · €2.45M
Debt ≤ 1 year
€2.80M▲
2018 · €2.45M
Income taxes
€4k▲
2018 · €116
Staff costs
€508k
A ratio outside any meaningful range has been withheld (balance sheet total €51k, equity €-2.74M).
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 · 2019 against 2018 · 49 lines
Balance sheet
Code20182019
Assets
Total assets20/58€68k€51k▼
Fixed assets21/28€23k€23k=
Tangible fixed assets22/27€18k€18k=
Plant, machinery and equipment23-€16k
Furniture and vehicles24-€2k
Financial fixed assets28€5k€5k=
Current assets29/58€45k€28k▼
Stocks and contracts in progress3€20k€20k=
Stocks30/36-€20k
Amounts receivable within one year40/41€744€6k▲
Trade receivables40-€6k
Cash at bank and in hand54/58€19k€2k▼
Equity and liabilities
Total equity and liabilities10/49€68k€51k▼
Equity10/15€-2.38M€-2.74M▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€9k€9k=
Non-distributable reserves130/1-€1k
Legal reserve130-€1k
Distributable reserves133-€7k
Profit (loss) carried forward14€-2.41M€-2.77M▼
Amounts payable17/49€2.45M€2.80M▲
Amounts payable within one year42/48€2.45M€2.80M▲
Trade debts44€184k€174k▼
Suppliers440/4-€174k
Taxes, remuneration and social security45-€2.38M
Taxes450/3-€1.96M
Remuneration and social security454/9-€426k
Other amounts payable47/48-€239k
Income statement
Code20182019
Turnover70-€870k
Non-recurring operating income76A-€571
Goods, raw materials, services and sundry goods60/61-€677k
Remuneration, social security and pensions62-€508k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k-
Other operating charges640/8-€2k
Gross operating margin9900€468k€193k▼
Operating profit (loss)9901€-258k€-316k▼
Financial income75/76B-€140
Recurring financial income75€384€140▼
Financial charges65/66B-€12k
Recurring financial charges65€9k€3k▼
Non-recurring financial charges66B-€9k
Profit (loss) for the period before taxes9903€-266k€-328k▼
Income taxes67/77€116€4k▲
Profit (loss) for the period9904€-266k€-331k▼
Profit (loss) for the period to be appropriated9905€-266k€-331k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-2.77M
Profit (loss) brought forward from the previous period14P-€-2.44M
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 650 days late
2020
13-02
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · transfert_judiciaire · event 10-02-2020
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
18-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 49 days late
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 60 days late
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
21-12
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 143 days late
2011
30-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
SignalNBB filing
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
Registered office, Elsene · 1 establishment unit since 1982
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.
Boondaalse Steenweg 4761050 ElseneGround area
1,639 m²
Building footprint
664 m²
Volume, LiDAR
13,686 m³
2 parcels, Brussels · tallest building 27.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
LA BECASSE
since 19822.021.140.302
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0022/00H003indicative | Brussels | 1,302 m² | 1 · 553 m² | 27.2 m · 8 fl. |
| 21445C0265/00C009 | Brussels | 337 m² | 1 · 112 m² | 17.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-08-1982
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.