Active BE 0446.092.805Private limited company (pre-2019)Open bankruptcy

CITY TAX

Rue Hector Fontaine(VD) 10 ·5020 Namur, Belgium· 34 yrs active

Sector: Diensten voor personenvervoer op aanvraag per voertuig met chauffeur (49330)

Conclusion Checked

A bankruptcy procedure is open for CITY TAX according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €137k and a net result of €54k.

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

Key figures

Equity	€137k
Net result	€54k
Staff (FTE)	12.6
Better than sector	43%

Financial profile 5 of 5 axes measured · computed by Checked

37 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 3

Profitability 100

Solvency 48

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 2020 · computed

3 / 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 overview10 NBB filings

Annual accounts filed on 23-07-2021 with the NBB · fiscal year 2020 · volledig

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 49, Land transport · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	25.5%	30.9%	better than 43% of 127 sector peers
Net result	€170k	€13k	better than 86% of 126 sector peers
Equity	€137k	€146k	better than 49% of 127 sector peers
Gross operating margin	€551k	€119k	better than 71% of 93 sector peers
Employees (FTE)	12.6	15.4	better than 43% of 76 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€229k

- 18-20

Net profit

€54k

- 18-20

Cash flow

€92k

- 18-20

Total assets

€536k

-4.8% 18-20

Equity

€137k

+31.8% 18-20

Working capital

€-167k

-58.8% 18-20

Employees (FTE)

13

-4.5% 18-20

Income taxes

€13k

+11000.7% 18-20

Show 9 other metrics

Debt

€400k

-13.1% 18-20

Debt ≤ 1y

€300k

+0.1% 18-20

Debt > 1y

€100k

-37.7% 18-20

Current ratio

0.44

-31.8% 18-20

Quick ratio

0.44

-31.8% 18-20

Solvency

25.5%

+38.5% 18-20

Debt / equity

0.73

-52.7% 18-20

ROE

39.8%

- 18-20

ROA

10.2%

- 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	volledig
Revenue	-
EBITDA	€229k
Net profit	€54k
Cash flow	€92k
Staff costs	-
Income taxes	€13k
Dividends	-
Total assets	€536k
Equity	€137k
Debt	€400k
of which ≤ 1y	€300k
of which > 1y	€100k
Working capital	€-167k
Employees (FTE)	12.6

Ratios (computed)

	2020
Current ratio	0.44
Quick ratio	0.44
Working capital ratio	-31.1%
Solvency	25.5%
Debt / equity	0.73
Long-term debt ratio	0.73
Interest coverage	-
Gross margin	-
Net margin	-
ROA	10.2%
ROE	39.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €404k · 75.3% Current assets €133k · 24.7%

Equity & liabilities

Equity €137k · 25.5% Debt €400k · 74.5%

Full annual accounts (25 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	€536k
Fixed assets	21/28	€404k
Intangible fixed assets	21	€213k
Tangible fixed assets	22/27	€191k
Financial fixed assets	28	€50
Current assets	29/58	€133k
Amounts receivable within one year	40/41	€107k
Investments	50/53	€6
Cash & bank	54/58	€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€536k
Equity	10/15	€137k
Reserves	13	€57k
Accumulated profits (losses)	14	€54k
Amounts payable	17/49	€400k
Amounts payable after one year	17	€100k
Amounts payable within one year	42/48	€300k
Trade debts payable within one year	44	€53k
Income statement
Gross operating margin	9900	€551k
Operating result	9901	€191k
Financial income	75	€9k
Financial charges	65	€17k
Result before taxes	9903	€183k
Income taxes	67/77	€13k
Net result for the period	9904	€170k
Result to be appropriated	9905	€170k

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	PAUL EMMANUEL GHISLAIN Avenue de la Gare 70, 6840 NEUFCHATEAU	20-10-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Diensten voor personenvervoer op aanvraag per voertuig met chauffeur(49330)
Legal form	Private limited company (pre-2019)(015)
Incorporation	10-01-1992
Status	Active
Postal code	5020
First BS signal	26-10-2022
Latest BS signal	26-10-2022

Establishment units 1 location

Rue Hector Fontaine(CH) 10 1, 5020 Namur

Gespecialiseerde detailhandel in bloemen en planten, zaden en kunstmeststoffen

since 19922.055.700.907

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92128C0371/00M000	Wallonia	1,037 m²	1 · 101 m²	6.7 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 11 events

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

2022

26-10-2022

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Namur · CITY TAX SPRL RUE HECTOR FONTAINE 10, 5020 VEDRIN · event 20-10-2022

2021

23-07-2021