Brussels Concepts
BankruptcyThe KBO register records for Brussels Concepts the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-289k) and a net result of €-194k.
Signals
Three 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 30-06-2020 was due by 31-01-2021 and was filed on 01-02-2021, 1 day 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
1 d late
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-289k▼ 206%
2019 · €-94k
2019: €-94k
2019 → 2020
Total assets
€60k▼ 78.5%
2019 · €281k
2019: €281k
2019 → 2020
Net result
€-194k▼ 137%
2019 · €-82k
2019: €-82k
2019 → 2020
Working capital
€-289k▼ 229%
2019 · €-88k
2019: €-88k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€-94k-€-289k▼ 206%
Operating result€-91k-€-175k▼ 91.7%
Net result€-82k-€-194k▼ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €175k in 2020 against €91k in 2019; the loss grows.
Key figures and ratios
Solvency
-477.4%▼
2019 · -33.6%
Current ratio
0.17▼
2019 · 0.76
Quick ratio
0.17▼
2019 · 0.76
ROA
-321.3%▼
2019 · -29.1%
Debt
€349k▼
2019 · €366k
Debt ≤ 1 year
€349k▼
2019 · €366k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€281k€60k▼
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Current assets29/58€278k€60k▼
Amounts receivable within one year40/41€220k€59k▼
Cash at bank and in hand54/58€57k€1k▼
Equity and liabilities
Total equity and liabilities10/49€281k€60k▼
Equity10/15€-94k€-289k▼
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Profit (loss) carried forward14€-162k€-356k▼
Provisions and deferred taxes16€10k-
Amounts payable17/49€366k€349k▼
Amounts payable within one year42/48€366k€349k▼
Trade debts44€295k€335k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Gross operating margin9900€-61k€-177k▼
Operating profit (loss)9901€-91k€-175k▼
Recurring financial income75€14k€102▼
Recurring financial charges65€4k€20k▲
Profit (loss) for the period before taxes9903€-82k€-194k▼
Profit (loss) for the period9904€-82k€-194k▼
Profit (loss) for the period to be appropriated9905€-82k€-194k▼
Timeline · acts, filings and financial milestones
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 129 days late
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
31-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 153 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
02-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
NBB filing
Directors · office · real estate
Directors
13 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, Brugge · 1 establishment unit since 2005
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.
Schrijnwerkersstraat 28000 BruggeGround area
10 m²
Parcel 31806F0560/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
BR. Construct
since 20052.145.938.423
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31806F0560/00K000 | Flanders | 10 m² | - | - |
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.
Similar companies · same sector, comparable size
SOFIE FAMIL
BE 0764.968.031
Brugge · Eq €7k
SOMAPREM
BE 0425.460.707
Oudergem · Eq €7k
Bontinck Invest
BE 1009.393.678
Nazareth-De Pinte · Eq €7k
CHATEAU INVEST
BE 0440.146.705
Ledegem · Eq €7k
IMMO STAR BXL
BE 0682.740.141
Jette · Eq €7k
Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 2,450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-02-2005
Fiscal year end30-06
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.