BUSINESS ADVICE SERVICES
InactiveBUSINESS ADVICE SERVICES was declared bankrupt on 07-07-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 28-06-2024, published in the Belgian State Gazette on 28-10-2024.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 19-11-2021, 111 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
111 d late
2019
476 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€41k▼ 10.9%
2019 · €46k
2018: €72k
2019: €46k
2018 → 2020
EBIT margin
-11.6%▼ 22.4pp
2019 · 10.8%
2018: -22.2%
2019: 10.8%
2018 → 2020
Net result
€-5k
2019 · €5k
2018: €-16k
2019: €5k
2018 → 2020
Working capital
€2k▼ 70.9%
2019 · €7k
2018: €2k
2019: €7k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€72k-€46k▼ 36.6%€41k▼ 10.9%
Equity€2k-€7k▲ 199%€2k▼ 70.9%
Operating result€-16k-€5k€-5k
Net result€-16k-€5k€-5k
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 €5k after €5k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €43k
Equity
€2k▼ 70.9%
Debt
€40k▼ 3.8%
The debt ratio rises from 85.6% to 95.2%. Equity and debt are lower.
Key figures and ratios
Solvency
4.8%▼
2019 · 14.4%
Current ratio
1.05▼
2019 · 1.17
Quick ratio
1.05▼
2019 · 1.17
ROE
-243.5%▼
2019 · 66.5%
ROA
-11.8%▼
2019 · 9.6%
Debt
€40k▼
2019 · €42k
Debt ≤ 1 year
€40k▼
2019 · €42k
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€49k€43k▼
Current assets29/58€49k€43k▼
Amounts receivable within one year40/41€46k€33k▼
Cash at bank and in hand54/58€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€49k€43k▼
Equity10/15€7k€2k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-12k€-17k▼
Amounts payable17/49€42k€40k▼
Amounts payable within one year42/48€42k€40k▼
Trade debts44€2k€2k▲
Income statement
Code20192020
Turnover70€46k€41k▼
Gross operating margin9900€18k€5k▼
Operating profit (loss)9901€5k€-5k▼
Recurring financial charges65€214€302▲
Profit (loss) for the period before taxes9903€5k€-5k▼
Profit (loss) for the period9904€5k€-5k▼
Profit (loss) for the period to be appropriated9905€5k€-5k▼
Timeline · acts, filings and financial milestones
2024
28-10
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · BUSINESS ADVICE SERVICES SPRL CHAUSSEE DU RISQUONS-TOUT 510/B, 7700 MOUSCRON. déclarée le 7 juillet 2022 · event 28-06-2024
2022
13-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BUSINESS ADVICE SERVICES SPRL CHAUSSEE DU RISQUONS-TOUT 510/B, 7700 MOUSCRON · event 07-07-2022
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 476 days late
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 842 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 220 days late
2015
01-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 62 days late
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | ANTHONY BOCHON AVENUE LOUISE 522 BOITE 1,
1050 IXELLES |
07-07-2022 → present |