CS PARTY INVEST
InactiveCS PARTY INVEST was declared bankrupt on 08-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 23-05-2023, published in the Belgian State Gazette on 26-05-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 26-11-2021, 66 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
66 d early
2020
148 d late
2019
308 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€-286k▲ 34.7%
2020 · €-438k
2019: €-150k
2020: €-438k
2019 → 2021
Total assets
€189k▼ 70.0%
2020 · €629k
2019: €427k
2020: €629k
2019 → 2021
Net result
€152k
2020 · €-288k
2019: €-48k
2020: €-288k
2019 → 2021
Working capital
€-354k▲ 38.6%
2020 · €-577k
2019: €-262k
2020: €-577k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-150k-€-438k▼ 192%€-286k▲ 34.7%
Operating result€-85k-€-291k▼ 244%€124k
Net result€-48k-€-288k▼ 506%€152k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €124k after a loss of €291k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €189k
Fixed assets
€68k▼ 52.2%
Current assets
€121k▼ 75.2%
Key figures and ratios
EBITDA
€152k▲
2020 · €-261k
Cash flow
€180k▲
2020 · €-258k
Solvency
-151.7%▼
2020 · -69.7%
Current ratio
0.25▼
2020 · 0.46
Quick ratio
0.18▼
2020 · 0.43
ROA
80.8%▲
2020 · -45.9%
Debt
€475k▼
2020 · €1.07M
Debt ≤ 1 year
€475k▼
2020 · €1.06M
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€629k€189k▼
Fixed assets21/28€142k€68k▼
Tangible fixed assets22/27€142k€68k▼
Current assets29/58€487k€121k▼
Stocks and contracts in progress3€33k€33k=
Amounts receivable within one year40/41€405k€60k▼
Cash at bank and in hand54/58€41k€27k▼
Equity and liabilities
Total equity and liabilities10/49€629k€189k▼
Equity10/15€-438k€-286k▲
Profit (loss) carried forward14€-457k€-305k▲
Amounts payable17/49€1.07M€475k▼
Amounts payable within one year42/48€1.06M€475k▼
Trade debts44€399k€182k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€28k▼
Gross operating margin9900€-123k€185k▲
Operating profit (loss)9901€-291k€124k▲
Recurring financial income75€13k€34k▲
Recurring financial charges65€11k€5k▼
Profit (loss) for the period before taxes9903€-288k€152k▲
Profit (loss) for the period9904€-288k€152k▲
Profit (loss) for the period to be appropriated9905€-288k€152k▲
Timeline · acts, filings and financial milestones
2023
26-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · CS PARTY INVEST BV WEERTERSTEENWEG (MOL) 383, 3640 KINROOI · event 23-05-2023
2022
14-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · CS PARTY INVEST BV WEERTERSTEENWEG (MOL) 383, 3640 KINROOI · event 08-03-2022
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €152k
Net result €152k after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 148 days late
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 308 days late
30-06
Financial
Weakest financial yearnet €-288k
Net result drops to €-288k, the lowest in the series.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 242 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE HERMANS ELISABETHWAL 4,
3700 TONGEREN |
08-03-2022 → present |
| Curator | PIETER WIRIX ELISA-
BETHWAL 4, 3700 TONGEREN |
08-03-2022 → present |