BTC SERVICES
InactiveBTC SERVICES was declared bankrupt on 09-01-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 06-05-2025, published in the Belgian State Gazette on 14-05-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 28-06-2021, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
148 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€12k▼ 75.6%
2019 · €49k
2019: €49k
2019 → 2020
Total assets
€159k▲ 47.5%
2019 · €108k
2019: €108k
2019 → 2020
Net result
€-40k
2019 · €8k
2019: €8k
2019 → 2020
Working capital
€12k▼ 75.7%
2019 · €49k
2019: €49k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€49k-€12k▼ 75.6%
Operating result€11k-€-40k
Net result€8k-€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €40k after €11k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €159k
Fixed assets
€93=
Current assets
€159k▲ 47.5%
Equity and liabilities €159k
Equity
€12k▼ 75.6%
Debt
€147k▲ 151%
The debt ratio rises from 54.4% to 92.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
7.6%▼
2019 · 45.6%
Current ratio
1.08▼
2019 · 1.84
Quick ratio
1.08▼
2019 · 1.84
ROE
-334.6%▼
2019 · 16.6%
ROA
-25.3%▼
2019 · 7.6%
Debt
€147k▲
2019 · €59k
Debt ≤ 1 year
€147k▲
2019 · €59k
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€108k€159k▲
Fixed assets21/28€93€93=
Financial fixed assets28€93€93=
Current assets29/58€108k€159k▲
Amounts receivable within one year40/41€108k€148k▲
Cash at bank and in hand54/58€132€11k▲
Equity and liabilities
Total equity and liabilities10/49€108k€159k▲
Equity10/15€49k€12k▼
Contributions10/11€6k-
Reserves13€2k€2k=
Profit (loss) carried forward14€41k€956▼
Amounts payable17/49€59k€147k▲
Amounts payable within one year42/48€59k€147k▲
Trade debts44€39k€133k▲
Income statement
Code20192020
Gross operating margin9900€15k€9k▼
Operating profit (loss)9901€11k€-40k▼
Recurring financial charges65€159€380▲
Profit (loss) for the period before taxes9903€10k€-40k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€8k€-40k▼
Profit (loss) for the period to be appropriated9905€8k€-40k▼
Timeline · acts, filings and financial milestones
2025
14-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BTC SERVICES CVBA STALINGRADLAAN 52, 1000 BRUSSEL 1 · event 06-05-2025
2024
15-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BTC SERVICES CVBA STALIN- GRADLAAN 52, 1000 BRUSSEL 1 · event 09-01-2024
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 148 days late
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
SignalNBB filing
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
09-01-2024 → present |