CENTURION GROUP
InactiveCENTURION GROUP was declared bankrupt on 05-12-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 01-04-2025, published in the Belgian State Gazette on 08-04-2025.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 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 05-11-2021, 97 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
97 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22▼ 99.9%
2019 · €19k
2018: €19k
2019: €19k
2018 → 2020
Working capital
€18k▼ 38.2%
2019 · €29k
2018: €10k
2019: €29k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€11k-€30k▲ 172%€30k▲ 0.1%
Operating result€20k-€21k▲ 8.1%€360▼ 98.3%
Net result€19k-€19k▼ 0.1%€22▼ 99.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 98% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €50k
Fixed assets
€12k▲ 1,495%
Current assets
€38k▼ 55.2%
Equity and liabilities €50k
Equity
€30k▲ 0.1%
Debt
€20k▼ 63.8%
The debt ratio falls from 64.3% to 39.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2019 · €22k
Cash flow
€2k▼
2019 · €19k
Solvency
60.5%▲
2019 · 35.7%
Current ratio
1.94▲
2019 · 1.54
Quick ratio
1.94▲
2019 · 1.54
Debt / equity
0.01
ROE
0.1%▼
2019 · 63.2%
ROA
0.0%▼
2019 · 22.6%
Debt
€20k▼
2019 · €54k
Debt ≤ 1 year
€19k▼
2019 · €54k
Debt > 1 year
€339
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€85k€50k▼
Fixed assets21/28€775€12k▲
Tangible fixed assets22/27€600€6k▲
Financial fixed assets28€175€7k▲
Current assets29/58€84k€38k▼
Amounts receivable within one year40/41€78k€6k▼
Cash at bank and in hand54/58€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€85k€50k▼
Equity10/15€30k€30k▲
Contributions10/11€19k-
Reserves13€9k€9k=
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€54k€20k▼
Amounts payable after more than one year17-€339
Amounts payable within one year42/48€54k€19k▼
Trade debts44€35k€5k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€300€2k▲
Gross operating margin9900€54k€11k▼
Operating profit (loss)9901€21k€360▼
Recurring financial charges65€2k€338▼
Profit (loss) for the period before taxes9903€19k€22▼
Profit (loss) for the period9904€19k€22▼
Profit (loss) for the period to be appropriated9905€19k€22▼
Timeline · acts, filings and financial milestones
2025
08-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · CENTURION GROUP BV VLAAMSESTEENWEG 168, 1000 BRUSSEL · event 01-04-2025
2023
11-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CENTURION GROUP BV VLAAMSESTEENWEG 168, 1000 BRUSSEL · event 05-12-2023
03-11
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: CENTU- RION GROUP-HEMDEM BV- VLAAMSESTEENWEG 168, 1000 BRUSSEL 1
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 97 days late
11-10
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: CENTU- RION GROUP BV- VELDWEG 10, 1831 DIEGEM
2020
31-12
Financial
Weakest financial yearnet €22 ▼99.9%
Net result drops to €22, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
15-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 15 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
24-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 24 days late
2013
01-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
13-01
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 166 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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 | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
05-12-2023 → present |