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CONNECT & CUT

Active
Private limited companyfounded 201115 yrs activeAntoine Bréartstraat 64, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0832.836.159
Summary

The computed 12-month bankruptcy probability of CONNECT & CUT is 2.7% (moderate). The latest annual accounts of CONNECT & CUT were filed more than 90 days after the deadline. The 2019 annual accounts show negative equity (-€5,113) and a net result of -€3,518. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability0▼-82
Solvency0▼-6
Growth32
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2019
Solvency, return and age of the figures
Solvency
-84.7%
Return on assets
-58.3%
Age of the figures
81 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-11-2020, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 122 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.

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

History

CONNECT & CUT was incorporated on 17 January 2011.1 The company has filed 8 sets of annual accounts, the latest for fiscal year 2019.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019

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Financials · fiscal year 2019, micro schema

Equity
-€5,113▼ 221%
2018 · -€1,595
Total assets
€6,037▼ 27.7%
2018 · €8,345
Net result
-€3,518
2018 · €1,500
Working capital
-€10,402▼ 14.2%
2018 · -€9,108
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result€2,077--€2,325
Net result€1,500--€3,518
Equity-€1,595--€5,113▼ 221%
Total assets€8,345-€6,037▼ 27.7%
Debt€9,940-€11,150▲ 12.2%
Working capital-€9,108--€10,402▼ 14.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2018: €2,077€2,077Net result 2018: €1,500€1,500Operating result 2019: -€2,325-€2,325Net result 2019: -€3,518-€3,51820182019-€4,000-€2,000€0€2,000Operating result 2018: €2,077€2,080Net result 2018: €1,500€1,500Operating result 2019: -€2,325-€2,330Net result 2019: -€3,518-€3,52020182019
The operating result turns negative in 2019: a loss of €2,325 after €2,077 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €6,037
Fixed assets €5,289 ▼ 29.6%
Current assets €749 ▼ 10.0%
Key figures and ratios
2019 value · change against 2018
EBITDA
-€101▼
2018 · €4,301
Cash flow
-€1,294▼
2018 · €3,724
Solvency
-84.7%▼
2018 · -19.1%
Current ratio
0.07▼
2018 · 0.08
ROA
-58.3%▼
2018 · 18.0%
Debt ≤ 1 year
€11,150▲
2018 · €9,940
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 21 lines
Balance sheet Code20182019
Assets
Total assets20/58€8,345€6,037▼
Fixed assets21/28€7,513€5,289▼
Tangible fixed assets22/27€7,513€5,289▼
Current assets29/58€832€749▼
Amounts receivable within one year40/41€165€491▲
Cash at bank and in hand54/58€471€108▼
Equity and liabilities
Total equity and liabilities10/49€8,345€6,037▼
Equity10/15-€1,595-€5,113▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€9,655-€13,173▼
Amounts payable17/49€9,940€11,150▲
Amounts payable within one year42/48€9,940€11,150▲
Trade debts44€300€1,210▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,224€2,224=
Gross operating margin9900€4,676€740▼
Operating profit (loss)9901€2,077-€2,325▼
Recurring financial charges65€577€1,193▲
Profit (loss) for the period before taxes9903€1,500-€3,518▼
Profit (loss) for the period9904€1,500-€3,518▼
Profit (loss) for the period to be appropriated9905€1,500-€3,518▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,224€2,224=
Gross operating margin9900€4,676€740▼ 84.2%
Operating profit (loss)9901€2,077-€2,325▼ 212%
Recurring financial charges65€577€1,193▲ 107%
Profit (loss) for the period before taxes9903€1,500-€3,518▼ 335%
Profit (loss) for the period9904€1,500-€3,518▼ 335%
Profit (loss) for the period to be appropriated9905€1,500-€3,518▼ 335%
Line20182019Change
Assets
Total assets20/58€8,345€6,037▼ 27.7%
Fixed assets21/28€7,513€5,289▼ 29.6%
Tangible fixed assets22/27€7,513€5,289▼ 29.6%
Current assets29/58€832€749▼ 10.0%
Amounts receivable within one year40/41€165€491▲ 197%
Cash at bank and in hand54/58€471€108▼ 77.1%
Equity and liabilities
Total equity and liabilities10/49€8,345€6,037▼ 27.7%
Equity10/15-€1,595-€5,113▼ 221%
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€9,655-€13,173▼ 36.4%
Amounts payable17/49€9,940€11,150▲ 12.2%
Amounts payable within one year42/48€9,940€11,150▲ 12.2%
Trade debts44€300€1,210▲ 303%
Line20182019Change
Profit (loss) for the period9904€1,500-€3,518▼ 335%
+ Depreciation and write-downs630€2,224€2,224=
Operating cash flow (approximation)€3,724-€1,294▼ 135%
Investment in fixed assets (approximation)-€0-
Change in cash--€363-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
29-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
30-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 30 days late
2013
31-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 31 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
298 m²
Building footprint
99 m²
Volume, LiDAR
1,387 m³
Parcel 21013B0386/00X010, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Antoine Bréartstraat 64, 1060 Sint-Gillis (bij-Brussel)
Manufacture of electrical equipment
since 20112.195.212.047
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0386/00X010 Brussels 298 m² 1 · 99 m² 18.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 521 companies in sector 59114 we hold annual accounts for 245. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
59114Motion picture, video and television programme production, sound recording and music publishing activities
59201Sound recording
60200Programming, broadcasting, news agency and other content distribution activities
61200Telecommunications resale and intermediation services
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0832836159
Registered 10-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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