C.S.B.D
InactiveC.S.B.D was declared bankrupt on 05-02-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 02-09-2025, published in the Belgian State Gazette on 05-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
150 d late
2020
39 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-464k▼ 43.7%
2021 · €-323k
2018: €-381k
2019: €-49k
2020: €11k
2021: €-323k
2018 → 2022
Working capital
€-852k▼ 198%
2021 · €-285k
2018: €-198k
2019: €-237k
2020: €-250k
2021: €-285k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-201k-€-250k▼ 24.6%€-239k▲ 4.4%€-562k▼ 135%€-1.03M▼ 82.5%
Operating result€-345k-€-17k▲ 95.0%€48k€-275k€-421k▼ 53.0%
Net result€-381k-€-49k▲ 87.0%€11k€-323k€-464k▼ 43.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €421k in 2022 against €275k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.12M
Fixed assets
€530k ▼ 18.9%
Current assets
€589k ▼ 31.1%
Key figures and ratios
EBITDA
€-285k▼
2021 · €-96k
Cash flow
€-327k▼
2021 · €-144k
Solvency
-91.6%▼
2021 · -37.1%
Current ratio
0.41▼
2021 · 0.75
Quick ratio
0.26▼
2021 · 0.51
Debt / equity
-2.09▲
2021 · -3.70
ROA
-41.4%▼
2021 · -21.3%
Interest coverage
-5.40▼
2021 · -1.78
Debt
€2.14M▲
2021 · €2.08M
Debt ≤ 1 year
€1.44M▲
2021 · €1.14M
Debt > 1 year
€703k▼
2021 · €934k
Income taxes
€874▲
2021 · €-736
Staff costs
€568k▼
2021 · €620k
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 · 2022 against 2021 · 53 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.52M€1.12M▼
Formation expenses20€6k€0▼
Fixed assets21/28€653k€530k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€648k€526k▼
Plant, machinery and equipment23€57k€35k▼
Furniture and vehicles24€53k€41k▼
Other tangible fixed assets26€539k€449k▼
Financial fixed assets28€280€280=
Current assets29/58€856k€589k▼
Stocks and contracts in progress3€278k€218k▼
Stocks30/36€278k€218k▼
Amounts receivable within one year40/41€393k€295k▼
Trade receivables40€201k€63k▼
Other amounts receivable41€192k€232k▲
Cash at bank and in hand54/58€173k€69k▼
Deferred charges and accrued income490/1€12k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.12M▼
Equity10/15€-562k€-1.03M▼
Contributions10/11€180k€180k=
Profit (loss) carried forward14€-742k€-1.21M▼
Amounts payable17/49€2.08M€2.14M▲
Amounts payable after more than one year17€934k€703k▼
Financial debts170/4€630k€490k▼
Trade debts175€304k€213k▼
Amounts payable within one year42/48€1.14M€1.44M▲
Current portion of amounts payable after more than one year42€224k€224k▲
Financial debts43€48k€13k▼
Credit institutions430/8€48k€13k▼
Trade debts44€720k€927k▲
Suppliers440/4€720k€927k▲
Taxes, remuneration and social security45€100k€213k▲
Taxes450/3€2k€16k▲
Remuneration and social security454/9€98k€197k▲
Other amounts payable47/48€50k€63k▲
Accrued charges and deferred income492/3€2k€652▼
Income statement
Code20212022
Remuneration, social security and pensions62€620k€568k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179k€136k▼
Other operating charges640/8€10k€12k▲
Non-recurring operating charges66A€12k€70k▲
Gross operating margin9900€546k€365k▼
Operating profit (loss)9901€-275k€-421k▼
Financial income75/76B€5k€11k▲
Recurring financial income75€5k€11k▲
Financial charges65/66B€54k€53k▼
Recurring financial charges65€54k€53k▼
Profit (loss) for the period before taxes9903€-323k€-463k▼
Income taxes67/77€-736€874▲
Profit (loss) for the period9904€-323k€-464k▼
Profit (loss) for the period to be appropriated9905€-323k€-464k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-742k€-1.21M▼
Profit (loss) brought forward from the previous period14P€-419k€-742k▼
Social balance
Average headcount (FTE)908720.316.7▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-09
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · ROZIE SRL RUE D’AYWAILLE 42/6, 4140 SPRIMONT. déclarée le 5 février 2024 · event 02-09-2025
2024
09-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · ROZIE SRL RUE D’AYWAILLE 42/6, 4140 SPRIMONT · event 05-02-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-464k
Net result drops to €-464k, the lowest in the series.
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 150 days late
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 39 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 100 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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 | LEON LEDUC PLACE DE BRONCKART 1,
4000 LIEGE 1 |
05-02-2024 → present |