CORTHOUTS
Open bankruptcyA bankruptcy procedure is open for CORTHOUTS according to publications in the Belgian State Gazette; curator: GENEVIEVE DEDOBBELEER. The 2021 annual accounts show equity of €29k and a net result of €839.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€839▼ 93.4%
2020 · €13k
2018: €-1k
2019: €2k
2020: €13k
2018 → 2021
Working capital
€37k▼ 28.6%
2020 · €52k
2018: €89k
2019: €55k
2020: €52k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€13k-€15k▲ 18.4%€28k▲ 83.8%€29k▲ 3.0%
Operating result€1k-€8k▲ 418%€19k▲ 151%€7k▼ 60.7%
Net result€-1k-€2k€13k▲ 440%€839▼ 93.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 61% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €213k
Fixed assets
€7k▼ 49.3%
Current assets
€207k▼ 7.3%
Equity and liabilities €213k
Equity
€29k▲ 3.0%
Debt
€184k▼ 11.3%
The debt ratio falls from 88.1% to 86.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2020 · €25k
Cash flow
€7k▼
2020 · €19k
Solvency
13.5%▲
2020 · 11.9%
Current ratio
1.22▼
2020 · 1.31
Quick ratio
0.88▼
2020 · 0.89
Debt / equity
6.39▼
2020 · 7.43
ROE
2.9%▼
2020 · 45.6%
ROA
0.4%▼
2020 · 5.4%
Interest coverage
7.89▼
2020 · 13.34
Debt
€184k▼
2020 · €208k
Debt ≤ 1 year
€169k▼
2020 · €171k
Debt > 1 year
€15k▼
2020 · €37k
Income taxes
€5k▲
2020 · €4k
Staff costs
€82k▲
2020 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€236k€213k▼
Fixed assets21/28€13k€7k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€13k€7k▼
Plant, machinery and equipment23€13k€7k▼
Current assets29/58€223k€207k▼
Stocks and contracts in progress3€71k€58k▼
Stocks30/36€71k€58k▼
Amounts receivable within one year40/41€127k€129k▲
Trade receivables40€42k€34k▼
Other amounts receivable41€84k€95k▲
Cash at bank and in hand54/58€25k€19k▼
Deferred charges and accrued income490/1€165-
Equity and liabilities
Total equity and liabilities10/49€236k€213k▼
Equity10/15€28k€29k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€7k€8k▲
Amounts payable17/49€208k€184k▼
Amounts payable after more than one year17€37k€15k▼
Financial debts170/4€37k€15k▼
Amounts payable within one year42/48€171k€169k▼
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€103k€114k▲
Suppliers440/4€103k€114k▲
Taxes, remuneration and social security45€24k€33k▲
Taxes450/3€12k€13k▲
Remuneration and social security454/9€12k€21k▲
Other amounts payable47/48€22k-
Income statement
Code20202021
Remuneration, social security and pensions62€72k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€4-
Gross operating margin9900€98k€96k▼
Operating profit (loss)9901€19k€7k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Non-recurring financial charges66B€2k€2k▼
Profit (loss) for the period before taxes9903€17k€6k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€13k€839▼
Profit (loss) for the period to be appropriated9905€13k€839▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€8k▲
Profit (loss) brought forward from the previous period14P€-6k€7k▲
Social balance
Average headcount (FTE)90872.21.3▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL CORTHOUTS AVENUE DES COCCINELLES 98, 1170 WATERMAEL-BOITSFORT · event 10-02-2025
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 120 days late
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 327 days late
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 403 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲440%
Operating result €19k, net result €13k, both a record.
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 98 days late
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 69 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 36 days late
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
2014
20-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 20 days late
2013
10-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 71 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Watermaal-Bosvoorde · 1 establishment unit since 2006
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.
Onze-Lieve-Heersbeestjeslaan 981170 Watermaal-BosvoordeGround area
151 m²
Building footprint
124 m²
Volume, LiDAR
1,085 m³
Parcel 21652E0027/00M024, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SPRL Corthouts
since 20062.151.401.305
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0027/00M024 | Brussels | 151 m² | 1 · 124 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES- .
Co-Curateur : MARIE-HéLèNE DEGAUQUIER, AVENUE DEMOS-
THèNE POPLIMONT 64, 1090 JETTE- mh.degauquier@skynet.be |
10-02-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-12-2005
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.