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CS

Bankruptcy
Private limited companyfounded 2021Gentsesteenweg 56, 2800 Mechelen, BelgiumKBO/BCE: BE 0764.390.088
Summary

The KBO register records for CS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €10,415 and a net result of €60.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-07-2023, 20 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
20 d early
2021
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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

CS was incorporated on 26 February 2021 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€10,415▲ 0.6%
2021 · €10,355
Total assets
€39,718▲ 69.7%
2021 · €23,402
Net result
€60▼ 99.2%
2021 · €7,855
Working capital
-€1,642
2021 · €5,008
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
Line20212022
Operating result€11,085-€2,337▼ 78.9%
Net result€7,855-€60▼ 99.2%
Equity€10,355-€10,415▲ 0.6%
Total assets€23,402-€39,718▲ 69.7%
Debt€13,047-€29,302▲ 125%
Working capital€5,008--€1,642
Staff (FTE)0.9-1.5▲ 66.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2021: €11,085€11,085Net result 2021: €7,855€7,855Operating result 2022: €2,337€2,337Net result 2022: €60€6020212022€0€5,000€10,000Operating result 2021: €11,085€11,100Net result 2021: €7,855€7,850Operating result 2022: €2,337€2,340Net result 2022: €60€6020212022
The operating result falls in 2022; 2022 is 79% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €39,718
Fixed assets €12,057 ▲ 125%
Current assets €27,660 ▲ 53.2%
Equity and liabilities €39,718
Equity €10,415 ▲ 0.6%
Debt €29,302 ▲ 125%
Debt's share of the balance-sheet total rises from 55.8% to 73.8%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€5,572▼
2021 · €12,238
Cash flow
€3,295▼
2021 · €9,008
Current ratio
0.94▼
2021 · 1.38
Quick ratio
0.93▼
2021 · 1.38
Debt to equity
2.81▲
2021 · 1.26
ROE
0.6%▼
2021 · 75.9%
ROA
0.2%▼
2021 · 33.6%
Interest coverage
24.08▼
2021 · 26.38
Debt ≤ 1 year
€29,302▲
2021 · €13,047
Income taxes
€2,255▼
2021 · €2,789
Staff costs
€45,885▲
2021 · €18,188
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 · 2022 against 2021 · 40 lines
Balance sheet Code20212022
Assets
Total assets20/58€23,402€39,718▲
Fixed assets21/28€5,347€12,057▲
Tangible fixed assets22/27€5,347€12,057▲
Furniture and vehicles24€5,347€12,057▲
Current assets29/58€18,054€27,660▲
Stocks and contracts in progress3-€500
Stocks30/36-€500
Amounts receivable within one year40/41€10,713€20,574▲
Trade receivables40€7,890€15,059▲
Other amounts receivable41€2,823€5,515▲
Cash at bank and in hand54/58€7,341€6,586▼
Equity and liabilities
Total equity and liabilities10/49€23,402€39,718▲
Equity10/15€10,355€10,415▲
Contributions10/11€2,500€2,500=
Reserves13€7,855€7,915▲
Distributable reserves133€7,855€7,915▲
Amounts payable17/49€13,047€29,302▲
Amounts payable within one year42/48€13,047€29,302▲
Trade debts44€6,306€23,698▲
Suppliers440/4€6,306€23,698▲
Taxes, remuneration and social security45€6,185€5,215▼
Taxes450/3€3,168€5,215▲
Remuneration and social security454/9€3,017-
Other amounts payable47/48€556€389▼
Income statement Code20212022
Remuneration, social security and pensions62€18,188€45,885▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,153€3,235▲
Other operating charges640/8€1,609€3,573▲
Gross operating margin9900€32,035€55,031▲
Operating profit (loss)9901€11,085€2,337▼
Financial income75/76B€23€209▲
Recurring financial income75€23€209▲
Financial charges65/66B€464€231▼
Recurring financial charges65€464€231▼
Profit (loss) for the period before taxes9903€10,644€2,315▼
Income taxes67/77€2,789€2,255▼
Profit (loss) for the period9904€7,855€60▼
Profit (loss) for the period to be appropriated9905€7,855€60▼
Appropriation of the result
Profit (loss) to be appropriated9906€7,855€60▼
Transfer to equity691/2€7,855€60▼
To other reserves6921€7,855€60▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Remuneration, social security and pensions62€18,188€45,885▲ 152%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,153€3,235▲ 181%
Other operating charges640/8€1,609€3,573▲ 122%
Gross operating margin9900€32,035€55,031▲ 71.8%
Operating profit (loss)9901€11,085€2,337▼ 78.9%
Financial income75/76B€23€209▲ 827%
Recurring financial income75€23€209▲ 827%
Financial charges65/66B€464€231▼ 50.1%
Recurring financial charges65€464€231▼ 50.1%
Profit (loss) for the period before taxes9903€10,644€2,315▼ 78.2%
Income taxes67/77€2,789€2,255▼ 19.1%
Profit (loss) for the period9904€7,855€60▼ 99.2%
Profit (loss) for the period to be appropriated9905€7,855€60▼ 99.2%
Line20212022Change
Assets
Total assets20/58€23,402€39,718▲ 69.7%
Fixed assets21/28€5,347€12,057▲ 125%
Tangible fixed assets22/27€5,347€12,057▲ 125%
Furniture and vehicles24€5,347€12,057▲ 125%
Current assets29/58€18,054€27,660▲ 53.2%
Stocks and contracts in progress3-€500-
Stocks30/36-€500-
Amounts receivable within one year40/41€10,713€20,574▲ 92.0%
Trade receivables40€7,890€15,059▲ 90.9%
Other amounts receivable41€2,823€5,515▲ 95.3%
Cash at bank and in hand54/58€7,341€6,586▼ 10.3%
Equity and liabilities
Total equity and liabilities10/49€23,402€39,718▲ 69.7%
Equity10/15€10,355€10,415▲ 0.6%
Contributions10/11€2,500€2,500=
Reserves13€7,855€7,915▲ 0.8%
Distributable reserves133€7,855€7,915▲ 0.8%
Amounts payable17/49€13,047€29,302▲ 125%
Amounts payable within one year42/48€13,047€29,302▲ 125%
Trade debts44€6,306€23,698▲ 276%
Suppliers440/4€6,306€23,698▲ 276%
Taxes, remuneration and social security45€6,185€5,215▼ 15.7%
Taxes450/3€3,168€5,215▲ 64.6%
Remuneration and social security454/9€3,017--
Other amounts payable47/48€556€389▼ 30.0%
Line20212022Change
Profit (loss) for the period9904€7,855€60▼ 99.2%
+ Depreciation and write-downs630€1,153€3,235▲ 181%
Operating cash flow (approximation)€9,008€3,295▼ 63.4%
Investment in fixed assets (approximation)--€9,945-
Change in cash--€755-

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

2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
87 m²
Building footprint
87 m²
Volume, LiDAR
723 m³
Parcel 12404G0291/00F000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gentsesteenweg 56, 2800 Mechelen
Construction of residential and non-residential buildings
since 20212.314.067.137
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12404G0291/00F000 Flanders 87 m² 1 · 87 m² 11.7 m · 3 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, comparable size

Of 4,269 companies in sector 43230 we hold annual accounts for 1,239. 711 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43211General electrical installation work
43221Plumbing work
43320Joinery installation
47120Other non-specialised retail sale
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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