BSA SYSTEMS
A bankruptcy procedure is open for BSA SYSTEMS according to publications in the Belgian State Gazette. The file additionally contains 6 judicial reorganisations. The 2022 annual accounts show negative equity (€-324k) and a net result of €-72k.
| Equity | €-324k |
| Net result | €-72k |
| Active | 10 yrs |
| Locations | 1 |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Show 9 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-72k |
| Cash flow | - |
| Staff costs | €71k |
| Income taxes | - |
| Dividends | - |
| Total assets | €128k |
| Equity | €-324k |
| Debt | €452k |
| of which ≤ 1y | €402k |
| of which > 1y | €49k |
| Working capital | €-275k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 0.32 |
| Quick ratio | 0.32 |
| Working capital ratio | -215.1% |
| Solvency | -253.8% |
| Debt / equity | -1.39 |
| Long-term debt ratio | -0.15 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -56.4% |
| ROE | 22.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €128k |
| Current assets | 29/58 | €128k |
| Amounts receivable within one year | 40/41 | €127k |
| Cash & bank | 54/58 | €28 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €128k |
| Equity | 10/15 | €-324k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-330k |
| Amounts payable | 17/49 | €452k |
| Amounts payable after one year | 17 | €49k |
| Amounts payable within one year | 42/48 | €402k |
| Trade debts payable within one year | 44 | €79k |
| Income statement | ||
| Gross operating margin | 9900 | €-640 |
| Operating result | 9901 | €-72k |
| Financial charges | 65 | €63 |
| Result before taxes | 9903 | €-72k |
| Net result for the period | 9904 | €-72k |
| Result to be appropriated | 9905 | €-72k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | XAVIER DEWAIDE CHAUSSEE DE PHILIPPEVILLE 193,
6280 GERPINNES- .
Date provisoire de cessation de paiement : 16/06/2025 |
16-06-2025 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-09-2015 |
| Status | Active |
| Postal code | 7180 |
| First BS signal | 02-08-2018 |
| Latest BS signal | 23-06-2025 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063F0088/00N000 | Wallonia | 10.0 ha | 1 · 5.3 ha | 16.6 m · 3 fl. |
| 25763L0631/00B000 | Wallonia | 688 m² | 1 · 89 m² | 12.2 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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 6 further earlier events in this file, covering 10-07-2018 to 16-06-2025.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameFR | BSA SYSTEMS |