Active BE 0568.887.776Private limited company (pre-2019)Open bankruptcy

CERCI

· 11 yrs active

Conclusion Checked

A bankruptcy procedure is open for CERCI according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €7k and a net result of €7k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€7k
Net result	€7k
Staff (FTE)	0.5
Active	11 yrs

Financial profile 5 of 5 axes measured · computed by Checked

46 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 18

Profitability 100

Solvency 34

Growth 78

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 2020 · computed

18 / 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 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 31-10-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

EBITDA

€31k

+662.6% 18-20

Net profit

€7k

- 18-20

Cash flow

€7k

- 18-20

Total assets

€51k

+2258.3% 18-20

Equity

€7k

- 18-20

Working capital

€5k

- 18-20

Employees (FTE)

1

- 18-20

Income taxes

€321

-63.3% 18-20

Show 7 other metrics

Debt

€44k

+102.8% 18-20

Debt ≤ 1y

€44k

+102.8% 18-20

Current ratio

1.11

+2388.0% 18-20

Quick ratio

1.11

+3443.1% 18-20

Solvency

13.9%

- 18-20

ROE

98.6%

-1.9% 18-20

ROA

13.7%

- 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€31k
Net profit	€7k
Cash flow	€7k
Staff costs	-
Income taxes	€321
Dividends	-
Total assets	€51k
Equity	€7k
Debt	€44k
of which ≤ 1y	€44k
of which > 1y	-
Working capital	€5k
Employees (FTE)	0.5

Ratios (computed)

	2020
Current ratio	1.11
Quick ratio	1.11
Working capital ratio	9.9%
Solvency	13.9%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	13.7%
ROE	98.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €2k · 4.0% Current assets €49k · 96.0%

Equity & liabilities

Equity €7k · 13.9% Debt €44k · 86.1%

Full annual accounts (22 line items)

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

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€51k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€2k
Current assets	29/58	€49k
Amounts receivable within one year	40/41	€28k
Cash & bank	54/58	€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€51k
Equity	10/15	€7k
Contributions / capital	10/11	€100
Reserves	13	€7k
Accumulated profits (losses)	14	€-23k
Amounts payable	17/49	€44k
Amounts payable within one year	42/48	€44k
Trade debts payable within one year	44	€38k
Income statement
Gross operating margin	9900	€42k
Operating result	9901	€30k
Financial income	75	€97
Financial charges	65	€3k
Result before taxes	9903	€27k
Income taxes	67/77	€321
Net result for the period	9904	€27k
Result to be appropriated	9905	€27k

This table shows the latest fiscal year. 2 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	ALI HEERMAN CITADELLAAN 12, 9000 GENT-	23-01-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	20-01-2015
Status	Active
Postal code	-
First BS signal	31-01-2024
Latest BS signal	31-01-2024

Establishment units 1 location

CERCI

Fruitteelt : de teelt van appels, peren, abrikozen, kersen, perziken, enz

since 20202.303.374.074

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.
44021A3688/00Z000	Flanders	2,723 m²	1 · 1,191 m²	8.7 m · 2 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 6 events

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

2024

31-01-2024

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · CERCI BV DENISE DE WEERDTPAD 1/0202, 9000 GENT · event 23-01-2024

2021

31-10-2021