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CETU

Bankruptcy
Private limited company (pre-2019)founded 2011Koning Albert II-laan 28/30, 1000 Brussel, BelgiumKBO/BCE: BE 0836.463.761
Summary

The KBO register records for CETU the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2013 annual accounts show equity of €6k and a net result of €-16k.

Signals

1 signal.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2013, full schema

Turnover
€441k▲ 365%
2012 · €95k
2012: €95k
2012 → 2013
EBIT margin
-3.8%▼ 19.7pp
2012 · 15.8%
2012: 15.8%
2012 → 2013
Net result
€-16k
2012 · €15k
2012: €15k
2012 → 2013
Working capital
€-30k
2012 · €6k
2012: €6k
2012 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20122013Trend
Turnover€95k-€441k▲ 365%
Equity€22k-€6k▼ 72.1%
Operating result€15k-€-17k
Net result€15k-€-16k
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2012: €15k€15kNet result 2012: €15k€15kOperating result 2013: €-17k€-17kNet result 2013: €-16k€-16k20122013€-20k€-10k€0€10kOperating result 2012: €15k€15kNet result 2012: €15k€15kOperating result 2013: €-17k€-17kNet result 2013: €-16k€-16k20122013
The operating result turns negative in 2013: a loss of €17k after €15k in 2012.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €228k
Fixed assets €36k ▲ 130%
Current assets €192k ▲ 993%
Equity and liabilities €228k
Equity €6k ▼ 72.1%
Debt €221k ▲ 1,859%
Debt's share of the balance-sheet total rises from 34.1% to 97.3%. Equity is lower and debt is higher.
Key figures and ratios
2013 value · change against 2012
EBITDA
€-9k
2012 · €18k
Cash flow
€-8k
2012 · €18k
Current ratio
0.87
2012 · 1.55
ROE
-258.9%
2012 · 67.0%
ROA
-6.9%
2012 · 44.1%
Debt ≤ 1 year
€221k
2012 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2013 against 2012 · 23 lines
Balance sheet Code20122013
Assets
Total assets20/58€33k€228k
Fixed assets21/28€16k€36k
Tangible fixed assets22/27€7k€17k
Financial fixed assets28€9k€19k
Current assets29/58€18k€192k
Amounts receivable within one year40/41€16k€147k
Cash at bank and in hand54/58€2k€44k
Equity and liabilities
Total equity and liabilities10/49€33k€228k
Equity10/15€22k€6k
Contributions10/11€7k€7k=
Profit (loss) carried forward14€15k€-1k
Amounts payable17/49€11k€221k
Amounts payable within one year42/48€11k€221k
Trade debts44-€202k
Income statement Code20122013
Turnover70€95k€441k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k
Gross operating margin9900€24k€38k
Operating profit (loss)9901€15k€-17k
Recurring financial income75€3€29
Recurring financial charges65€15€116
Profit (loss) for the period before taxes9903€15k€-16k
Profit (loss) for the period9904€15k€-16k
Profit (loss) for the period to be appropriated9905€15k€-16k

Download as CSV

Timeline · acts, filings and financial milestones

2015
20-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 354 days late
2013
31-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
NBB filing

Directors · office · real estate

Directors
6 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
Registered office, Brussel · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Koning Albert II-laan 28/301000 Brussel
Ground area
1.1 ha
Building footprint
6,978 m²
Volume, LiDAR
58,933 m³
2 parcels, Brussels · tallest building 123.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CETU
Real estate development
since 20112.199.461.637
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21813D0508/00W000 Brussels 1.1 ha 1 · 6,882 m² 123.0 m
21905C0068/00W009 Brussels 96 m² 1 · 96 m² 14.0 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,077 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded23-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.