COVID 76
Open bankruptcyA bankruptcy procedure is open for COVID 76 according to publications in the Belgian State Gazette; curator: JEAN-MICHEL DERICK. The 2024 annual accounts show equity of €26k and a net result of €7k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 07-03-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
35 d late
2023
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▲ 38.9%
2023 · €18k
2023: €18k
2023 → 2024
Total assets
€95k▲ 101%
2023 · €47k
2023: €47k
2023 → 2024
Net result
€7k▼ 58.9%
2023 · €17k
2023: €17k
2023 → 2024
Working capital
€-27k
2023 · €12k
2023: €12k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€18k-€26k▲ 38.9%
Operating result€24k-€10k▼ 58.7%
Net result€17k-€7k▼ 58.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 59% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95k
Fixed assets
€52k▲ 720%
Current assets
€42k▲ 4.4%
Equity and liabilities €95k
Equity
€26k▲ 38.9%
Debt
€69k▲ 142%
The debt ratio rises from 60.7% to 72.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▼
2023 · €25k
Cash flow
€9k▼
2023 · €18k
Solvency
27.1%▼
2023 · 39.3%
Current ratio
0.61▼
2023 · 1.42
Quick ratio
0.50▼
2023 · 1.09
Debt / equity
2.69▲
2023 · 1.54
ROE
28.0%▼
2023 · 94.6%
ROA
7.6%▼
2023 · 37.2%
Interest coverage
10.95▼
2023 · 11.33
Debt
€69k▲
2023 · €28k
Debt ≤ 1 year
€69k▲
2023 · €28k
Income taxes
€2k▼
2023 · €5k
Staff costs
€22k▼
2023 · €35k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€47k€95k▲
Fixed assets21/28€6k€52k▲
Intangible fixed assets21-€39k
Tangible fixed assets22/27€2k€9k▲
Furniture and vehicles24€2k€9k▲
Financial fixed assets28€4k€5k▲
Current assets29/58€41k€42k▲
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€27k€16k▼
Trade receivables40€23k€5k▼
Other amounts receivable41€4k€12k▲
Cash at bank and in hand54/58€4k€18k▲
Equity and liabilities
Total equity and liabilities10/49€47k€95k▲
Equity10/15€18k€26k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€17k€25k▲
Amounts payable17/49€28k€69k▲
Amounts payable within one year42/48€28k€69k▲
Trade debts44€17k€50k▲
Suppliers440/4€17k€50k▲
Taxes, remuneration and social security45€11k€19k▲
Taxes450/3€11k€18k▲
Remuneration and social security454/9-€2k
Income statement
Code20232024
Remuneration, social security and pensions62€35k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132€2k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€63k€38k▼
Operating profit (loss)9901€24k€10k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€22k€9k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€17k€7k▼
Profit (loss) for the period to be appropriated9905€17k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€25k▲
Profit (loss) brought forward from the previous period14P-€17k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL COVID 76 PLACE DE LA REINE 18, 1030 Schaerbeek · event 24-11-2025
07-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-11-2025
UÇAR Izzet: Resigned as Director
31-03-2024
KASHIKOV FIKRET MUSTAFOV: Resigned as Director
31-03-2023
DEDECI HASAN: Resigned as Director
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2021
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.
Koninginneplein 181030 SchaarbeekGround area
374 m²
Building footprint
292 m²
Volume, LiDAR
3,640 m³
Parcel 21908E0260/00D008, Brussels · tallest building 22.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GOKSUM
since 20212.322.171.783
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0260/00D008 ProtectedMonument · Site or landscapeHuis der Kunsten - voormalig kasteel Eenens-Terlinden - en tuinSource ↗ |
Brussels | 374 m² | 1 · 292 m² | 22.8 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3,
1050 FR BRUXELLES 5 |
24-11-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.322.171.783
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Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,337 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2021
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.