Active BE 0553.892.368Private limited company (pre-2019)Open bankruptcy

CB PARTICIPATIONS

Louizalaan 251 ·1050 Elsene, Belgium· 12 yrs active

Conclusion Checked

A bankruptcy procedure is open for CB PARTICIPATIONS according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-8k) and a net result of €-48k.

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

Key figures

Equity	€-8k
Net result	€-48k
Active	12 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

35 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 44

Growth 32

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 4 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 overview7 NBB filings

Annual accounts filed on 30-08-2022 with the NBB · fiscal year 2021 · volledig

Operating resultNet result

Net profit

€-48k

+42.7% 18-21

Total assets

€1.57M

+1.3% 18-21

Equity

€-8k

- 18-21

Working capital

€-27k

- 18-21

Debt

€1.58M

+4.5% 18-21

Debt ≤ 1y

€1.58M

+4.5% 18-21

Current ratio

0.98

-3.1% 18-21

Quick ratio

0.98

-3.1% 18-21

Show 4 other metrics

Solvency

-0.5%

- 18-21

Debt / equity

-186.53

- 18-21

ROE

573.3%

- 18-21

ROA

-3.1%

+43.5% 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	volledig
Revenue	-
EBITDA	-
Net profit	€-48k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.57M
Equity	€-8k
Debt	€1.58M
of which ≤ 1y	€1.58M
of which > 1y	-
Working capital	€-27k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.98
Quick ratio	0.98
Working capital ratio	-1.7%
Solvency	-0.5%
Debt / equity	-186.53
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-3.1%
ROE	573.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €18k · 1.2% Current assets €1.55M · 98.8%

Full annual accounts (21 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	€1.57M
Fixed assets	21/28	€18k
Financial fixed assets	28	€18k
Current assets	29/58	€1.55M
Amounts receivable within one year	40/41	€1.54M
Cash & bank	54/58	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.57M
Equity	10/15	€-8k
Contributions / capital	10/11	€121k
Reserves	13	€4k
Accumulated profits (losses)	14	€-133k
Amounts payable	17/49	€1.58M
Amounts payable within one year	42/48	€1.58M
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€-7k
Operating result	9901	€-8k
Financial income	75	€49k
Financial charges	65	€90k
Result before taxes	9903	€-48k
Net result for the period	9904	€-48k
Result to be appropriated	9905	€-48k

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 & mandates1 person

Role	Name	Tenure	Source
Curator	JACQUES PIRON AVENUE DE LA TOISON D’OR 77, 1060 SAINT-GILLES	09-10-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	18-06-2014
Status	Active
Postal code	1050
First BS signal	13-10-2023
Latest BS signal	13-10-2023

Establishment units 1 location

CB PARTICIPATION

Louizalaan 251, 1050 ElseneHoldings

since 20142.241.646.838

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.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0135/00T003	Brussels	1,574 m²	1 · 1,579 m²	46.6 m · 13 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 8 events

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

2023

13-10-2023

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · CB PARTICIPATIONS SRL AVENUE LOUISE 251, 1050 IXELLES · event 09-10-2023

2022

30-08-2022