Active BE 0419.395.336Public limited companyOpen bankruptcy

Collignon Auto Parts

Waterloosesteenweg 1126 ·1180 Ukkel, Belgium· 47 yrs active

Sector: Detailhandel in onderdelen en accessoires van motorvoertuigen (47820)

Conclusion Checked

A bankruptcy procedure is open for Collignon Auto Parts according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €129k and a net result of €-139k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€129k
Net result	€-139k
Staff (FTE)	6.4
Active	47 yrs

Financial profile 4 of 5 axes measured · computed by Checked

17 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 0

Solvency 67

Growth -

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 2018 · computed

0 / 100 Critical

050100

Computed from 3 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 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-09-2019 with the NBB · fiscal year 2018 · volledig

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	volledig
Revenue	-
EBITDA	€-116k
Net profit	€-139k
Cash flow	€-128k
Staff costs	-
Income taxes	€98
Dividends	-
Total assets	€573k
Equity	€129k
Debt	€444k
of which ≤ 1y	€412k
of which > 1y	€32k
Working capital	€145k
Employees (FTE)	6.4

Ratios (computed)

	2018
Current ratio	1.35
Quick ratio	0.79
Working capital ratio	25.2%
Solvency	22.6%
Debt / equity	0.25
Long-term debt ratio	0.25
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-24.2%
ROE	-107.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €17k · 3.0% Current assets €556k · 97.0%

Equity & liabilities

Equity €129k · 22.6% Debt €444k · 77.4%

Full annual accounts (24 line items)

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

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€573k
Fixed assets	21/28	€17k
Tangible fixed assets	22/27	€17k
Current assets	29/58	€556k
Stocks & contracts in progress	3	€230k
Amounts receivable within one year	40/41	€308k
Cash & bank	54/58	€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€573k
Equity	10/15	€129k
Contributions / capital	10/11	€62k
Reserves	13	€206k
Accumulated profits (losses)	14	€-139k
Amounts payable	17/49	€444k
Amounts payable after one year	17	€32k
Amounts payable within one year	42/48	€412k
Trade debts payable within one year	44	€344k
Income statement
Gross operating margin	9900	€49k
Operating result	9901	€-127k
Financial income	75	€199
Financial charges	65	€11k
Result before taxes	9903	€-137k
Income taxes	67/77	€98
Net result for the period	9904	€-138k
Result to be appropriated	9905	€-138k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	CHRISTOPHE BAUDOUX DRèVE DES RENARDS, 8/7, 1180 BRUXELLES 18	23-10-2019 → present	Belgian State Gazette

Legal Structure

NACE primary	Detailhandel in onderdelen en accessoires van motorvoertuigen(47820)
Legal form	Public limited company(014)
Incorporation	10-04-1979
Status	Active
Postal code	1180
First insolvency signal	31-10-2019
Latest insolvency signal	31-10-2019

Establishment units 1 location

Waterloosesteenweg 1126, 1180 Ukkel

de handel in nieuwe en gebruikte aanhangwagens en opleggers

since 19792.016.307.722

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.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21612D0347/00E000	Brussels	301 m²	1 · 302 m²	20.6 m · 5 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.

2019

31-10-2019

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · COLLIGNON AUTO PARTS SA CHAUSSEE DE WATERLOO 1126, 1180 UCCLE · event 23-10-2019

26-09-2019