city park
A bankruptcy procedure is open for city park according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-3k) and a net result of €33k.
| Equity | €-3k |
| Net result | €33k |
| Better than sector | 10% |
| Active | 23 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -3.3% | 53.8% | |
| Net result | €33k | €18k | |
| Equity | €-3k | €40k | |
| Gross operating margin | €65k | €36k | |
| Total assets | €77k | €94k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €61k |
| Net profit | €33k |
| Cash flow | €55k |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €77k |
| Equity | €-3k |
| Debt | €80k |
| of which ≤ 1y | €80k |
| of which > 1y | - |
| Working capital | €-60k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.25 |
| Quick ratio | 0.10 |
| Working capital ratio | -77.7% |
| Solvency | -3.3% |
| Debt / equity | -31.35 |
| Long-term debt ratio | - |
| Interest coverage | 130.14 |
| Gross margin | - |
| Net margin | - |
| ROA | 42.4% |
| ROE | -1288.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €77k |
| Fixed assets | 21/28 | €57k |
| Intangible fixed assets | 21 | €32k |
| Tangible fixed assets | 22/27 | €25k |
| Current assets | 29/58 | €20k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €77k |
| Equity | 10/15 | €-3k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €18k |
| Accumulated profits (losses) | 14 | €-40k |
| Amounts payable | 17/49 | €80k |
| Amounts payable within one year | 42/48 | €80k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Gross operating margin | 9900 | €65k |
| Operating result | 9901 | €38k |
| Financial income | 75 | €42 |
| Financial charges | 65 | €467 |
| Result before taxes | 9903 | €38k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €33k |
| Result to be appropriated | 9905 | €33k |
Former directors (1)
-
VANDERSCHAEGHE, ChristopheDirectorState Gazette act 24380895 (26-03-2024)Former- → 26-03-2024
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LIEN CROMBEZ-DAMBRE RIJSELSTRAAT 132,
8900 IEPER |
02-04-2026 → present | Belgian State Gazette |
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 23-07-2003 |
| Status | Active |
| Postal code | 8647 |
| First BS signal | 09-04-2026 |
| Latest BS signal | 09-04-2026 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32014C0256/00L000 | Flanders | 794 m² | 1 · 652 m² | 21.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-03-2024 1 resigning, 1 reappointed
- VANDERSCHAEGHE, Christophe, Bestuurder
- VANDERSCHAEGHE, Christophe, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDERSCHAEGHE, Christophe",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de huidige bestuurder, (voorheen zaakvoerder), te weten: de heer VANDERSCHAEGHE, Christophe, ontslag te geven uit zijn functie.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDERSCHAEGHE, Christophe",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de heer VANDERSCHAEGHE Christophe, voornoemd, te herbenoemen voor onbepaalde duur.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_pending",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDERSCHAEGHE, Christophe",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "TITECA ACCOUNTANCY OOSTENDE",
"address": "Lijsterstraat 15, 8400 Oostende",
"country": "BE",
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering beslist volmacht te geven aan het kantoor \u201CTITECA ACCOUNTANCY OOSTENDE\u201D, met zetel te 8400 Oostende, Lijsterstraat 15, om in haar naam op te treden bij het beheer der belastingen, bij het bestuur de registratie en domeinen, alsook bij het bestuur van de BTW, om inschrijvingen",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Frederik Vandenbriele",
"firm_city": null,
"firm_name": null,
"office_city": "Oostende",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-26",
"filing_date": "2024-03-22",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-26",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-26",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-26",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-26",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0859.726.935",
"name_full": "CITY PARK",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "TITECA ACCOUNTANCY OOSTENDE",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie en geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | city park |