Active BE 0890.620.247Coöperatieve vennootschap met beperkte aansprakelijkheidOpen bankruptcy

CARE FOR LIFE

Steenweg op Turnhout 106 ·2360 Oud-Turnhout, Belgium· 19 yrs active

Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies (70200)

Conclusion Checked

A bankruptcy procedure is open for CARE FOR LIFE according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €5.39M and a net result of €-2.55M.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€5.39M
Net result	€-2.55M
Staff (FTE)	15.6
Better than sector	86%

Financial profile 5 of 5 axes measured · computed by Checked

30 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 100

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-07-2022 with the NBB · fiscal year 2021 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	83.8%	38.6%	better than 86% of 594 sector peers
Net result	€-2.55M	€23k	better than 5% of 594 sector peers
Equity	€5.39M	€169k	better than 93% of 594 sector peers
Gross operating margin	€-808k	€68k	better than 5% of 591 sector peers
Staff costs	€1.17M	€81k	higher than 90% of 140 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-2.13M

- 18-21

Net profit

€-2.55M

- 18-21

Cash flow

€-2.11M

- 18-21

Total assets

€6.43M

-33.7% 18-21

Equity

€5.39M

-32.1% 18-21

Working capital

€4.59M

-31.7% 18-21

Employees (FTE)

16

+22.8% 18-21

Staff costs

€1.17M

- 18-21

Show 11 other metrics

Income taxes

€17k

-77.1% 18-21

Debt

€1.04M

-40.8% 18-21

Debt ≤ 1y

€1.04M

-40.8% 18-21

Debt > 1y

€1k

- 18-21

Current ratio

5.40

+12.2% 18-21

Quick ratio

4.58

-4.8% 18-21

Solvency

83.8%

+2.4% 18-21

Debt / equity

0.19

+3111.3% 18-21

ROE

-47.3%

- 18-21

ROA

-39.7%

- 18-21

Interest coverage

-24.31

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	verkort
Revenue	-
EBITDA	€-2.13M
Net profit	€-2.55M
Cash flow	€-2.11M
Staff costs	€1.17M
Income taxes	€17k
Dividends	-
Total assets	€6.43M
Equity	€5.39M
Debt	€1.04M
of which ≤ 1y	€1.04M
of which > 1y	-
Working capital	€4.59M
Employees (FTE)	15.6

Ratios (computed)

	2021
Current ratio	5.40
Quick ratio	4.58
Working capital ratio	71.3%
Solvency	83.8%
Debt / equity	0.19
Long-term debt ratio	-
Interest coverage	-24.31
Gross margin	-
Net margin	-
ROA	-39.7%
ROE	-47.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €804k · 12.5% Current assets €5.63M · 87.5%

Equity & liabilities

Equity €5.39M · 83.8% Debt €1.04M · 16.2%

Full annual accounts (26 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€6.43M
Fixed assets	21/28	€804k
Intangible fixed assets	21	€707k
Tangible fixed assets	22/27	€96k
Financial fixed assets	28	€358
Current assets	29/58	€5.63M
Stocks & contracts in progress	3	€856k
Amounts receivable within one year	40/41	€4.62M
Investments	50/53	€20k
Cash & bank	54/58	€84k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€6.43M
Equity	10/15	€5.39M
Contributions / capital	10/11	€7.60M
Reserves	13	€21k
Accumulated profits (losses)	14	€-2.23M
Amounts payable	17/49	€1.04M
Amounts payable within one year	42/48	€1.04M
Trade debts payable within one year	44	€640k
Income statement
Gross operating margin	9900	€-808k
Operating result	9901	€-2.57M
Financial income	75	€121k
Financial charges	65	€87k
Result before taxes	9903	€-2.53M
Income taxes	67/77	€17k
Net result for the period	9904	€-2.55M
Result to be appropriated	9905	€-2.55M

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	JEAN DE CHAFFOY DE MERODELEI 37, 2300 TURN- HOUT	11-07-2023 → present	Belgian State Gazette
Curator	LUC PLESSERS DE MERO- DELEI 37, 2300 TURNHOUT	11-07-2023 → present	Belgian State Gazette
Curator	CARO- LINE DE LEPELEIRE DE MERODELEI 37, 2300 TURNHOUT-	11-07-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form	Coöperatieve vennootschap met beperkte aansprakelijkheid(008)
Incorporation	05-07-2007
Status	Active
Postal code	2360
First BS signal	17-07-2023
Latest BS signal	17-07-2023

Connections & network 2 connected companies

Group structure

IKARIA RONSE

We sit on their board · 1 location

→

IKARIA ZOTTEGEM

We sit on their board · 1 location

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control 2 parties

CARE FOR LIFEBE 0890.620.247

controls

Where this company holds controlthis company sits on their board2

IKARIA RONSE

1 location

IKARIA ZOTTEGEM

1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location

Steenweg op Turnhout 106, 2360 Oud-Turnhout

Ontwikkeling van niet-residentiële bouwprojecten

since 20102.185.007.152

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13031C0822/00Y000	Flanders	1,274 m²	1 · 349 m²	11.0 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

17-07-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CARE FOR LIFE CVBA STEENWEG OP TURNHOUT 106, 2360 OUD-TURNHOUT · event 11-07-2023

2022

27-07-2022