Checked.be
Active
BE 0455.085.693Public limited companyOpen bankruptcy
CRESCENDO BELGIUM
Esplanade 1 ·1020 Brussel, Belgium· 31 yrs active
Conclusion
A bankruptcy procedure is open for CRESCENDO BELGIUM according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-32k) and a net result of €-9k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €-32k |
| Net result | €-9k |
| Active | 31 yrs |
| Locations | 1 |
Snowflake analysis
40
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
44
Growth
58
Stability
0
Bankruptcy probability (12 mo)
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
50 / 100
High riskRegister: open bankruptcyThis 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
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 Flags
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
0
/ 100
Critical
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 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-11-2022 with the NBB · fiscal year 2021 · micro
€-1.94M
-1733.2%
18-21
€-9k
+99.8%
18-21
€-4.49M
-115.4%
18-21
€2.15M
0.0%
18-21
€-32k
-40.5%
18-21
€-32k
-40.5%
18-21
€2.18M
+0.4%
18-21
€2.18M
+0.4%
18-21
0.99
-0.4%
18-21
0.99
-0.4%
18-21
-1.5%
-40.5%
18-21
-68.34
-
18-21
28.8%
-99.9%
18-21
-0.4%
+99.8%
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-9k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.15M |
| Equity | €-32k |
| Debt | €2.18M |
| of which ≤ 1y | €2.18M |
| of which > 1y | - |
| Working capital | €-32k |
| Employees (FTE) | - |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.99 |
| Working capital ratio | -1.5% |
| Solvency | -1.5% |
| Debt / equity | -68.34 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -0.4% |
| ROE | 28.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.15M |
| Current assets | 29/58 | €2.15M |
| Amounts receivable within one year | 40/41 | €2.15M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.15M |
| Equity | 10/15 | €-32k |
| Contributions / capital | 10/11 | €4.63M |
| Accumulated profits (losses) | 14 | €-4.66M |
| Amounts payable | 17/49 | €2.18M |
| Amounts payable within one year | 42/48 | €2.18M |
| Income statement | ||
| Gross operating margin | 9900 | €-8k |
| Operating result | 9901 | €-9k |
| Financial charges | 65 | €0 |
| Result before taxes | 9903 | €-9k |
| Net result for the period | 9904 | €-9k |
| Result to be appropriated | 9905 | €-9k |
You are seeing the latest fiscal year only. 3 prior years (figures + ratios) are in a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MAARTEN BENTEIN EDMOND TOLLENAERE-
STRAAT 56-76 B23, 1020 BRUSSEL 2- maart |
27-02-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 26-04-1995 |
| Status | Active |
| Postal code | 1020 |
| First BS signal | 04-03-2024 |
| Latest BS signal | 04-03-2024 |
Establishment units
Victor Ameryckxstraat 9, 1860 Meise
since 19952.071.580.597
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0033/00C003 | Brussels | 1.5 ha | 1 · 3,341 m² | 35.9 m · 10 fl. |
| 23050F0322/00G002 | Flanders | 570 m² | 1 · 123 m² | 9.5 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
04-03-2024
Bankruptcy
Opening
2022
28-11-2022
NBB filing
Annual accounts filed
2021
27-12-2021
State Gazette act
End of life
21-12-2021
NBB filing
Annual accounts filed
27-05-2021
NBB filing
Annual accounts filed
2019
23-10-2019
NBB filing
Annual accounts filed
2018
19-10-2018
NBB filing
Annual accounts filed
2017
27-09-2017
NBB filing
Annual accounts filed
02-06-2017
NBB filing
Annual accounts filed
2015
29-09-2015
NBB filing
Annual accounts filed
2014
03-10-2014
NBB filing
Annual accounts filed
2013
06-08-2013
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
04-03-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts
All acts · 1
updated 4 years ago
2021
27-12-2021 End of the company published
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"auditor": null,
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2021-12-20",
"act_kind_objet": "Bijlagen bij het Belgisch.Staatsblad"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"act_date": "2021-05-05",
"unanimous": null
},
"end_event": {
"reason": null,
"art_wvv": [],
"is_death": false,
"sub_type": "not_end_of_life",
"critic_note": null,
"closure_effective_date": null,
"dissolution_effective_date": null,
"liquidator_dropped_by_guard": null,
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": null,
"silent_merger": null,
"court_division": {
"name": "Ondernemingsrechtbank Brussel",
"language": "nl",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0455.085.693",
"name_full": "CRESCENDO BELGIUM",
"legal_form": "NAAMLOZE VENNOOTSCHAP",
"_kbo_filled_from_list": true
},
"closure_mandatary": {
"kbo": "0451.657.041",
"name": "Moore Finance \u0026 Tax BV",
"role": "accountant"
},
"prior_opening_ref": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | CRESCENDO BELGIUM |
Registered office
Esplanade 1 bus 95
1020 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.