CS Services
Open bankruptcyA bankruptcy procedure is open for CS Services according to publications in the Belgian State Gazette; curator: ALEXANDRE BASTENIER. The 2021 annual accounts show equity of €40k and a net result of €25k.
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 31-12-2021 was due by 31-07-2022 and was filed on 29-09-2022, 60 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 confirmed
2024
not filed
2023
not filed
2022
not filed
2021
60 d late
2020
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€40k▲ 166%
2020 · €15k
2020: €15k
2020 → 2021
Total assets
€82k▲ 175%
2020 · €30k
2020: €30k
2020 → 2021
Net result
€25k▲ 91.5%
2020 · €13k
2020: €13k
2020 → 2021
Working capital
€36k▲ 141%
2020 · €15k
2020: €15k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€15k-€40k▲ 166%
Operating result€16k-€32k▲ 102%
Net result€13k-€25k▲ 91.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 102% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €82k
Fixed assets
€10k▲ 36,077%
Current assets
€73k▲ 143%
Equity and liabilities €82k
Equity
€40k▲ 166%
Debt
€43k▲ 184%
The debt ratio rises from 50.1% to 51.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2020 · €16k
Cash flow
€28k▲
2020 · €13k
Solvency
48.2%▼
2020 · 49.9%
Current ratio
1.98▼
2020 · 1.99
Quick ratio
1.98▼
2020 · 1.99
Debt / equity
1.07
ROE
62.4%▼
2020 · 86.6%
ROA
30.1%▼
2020 · 43.2%
Interest coverage
58.72
Debt
€43k▲
2020 · €15k
Debt ≤ 1 year
€37k▲
2020 · €15k
Debt > 1 year
€6k
Income taxes
€10k▲
2020 · €4k
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€30k€82k▲
Fixed assets21/28€27€10k▲
Intangible fixed assets21€27€0▼
Tangible fixed assets22/27-€10k
Furniture and vehicles24-€10k
Current assets29/58€30k€73k▲
Amounts receivable within one year40/41€27k€72k▲
Trade receivables40-€7k
Other amounts receivable41-€65k
Cash at bank and in hand54/58€3k€245▼
Equity and liabilities
Total equity and liabilities10/49€30k€82k▲
Equity10/15€15k€40k▲
Contributions10/11-€2k
Reserves13€13k€38k▲
Distributable reserves133-€38k
Amounts payable17/49€15k€43k▲
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€15k€37k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€5k€0▼
Suppliers440/4-€0
Taxes, remuneration and social security45-€32k
Taxes450/3-€32k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73€3k▲
Other operating charges640/8-€2k
Gross operating margin9900€16k€37k▲
Operating profit (loss)9901€16k€32k▲
Financial income75/76B-€3k
Recurring financial income75€1k€3k▲
Financial charges65/66B-€607
Recurring financial charges65€319€607▲
Profit (loss) for the period before taxes9903€17k€35k▲
Income taxes67/77€4k€10k▲
Profit (loss) for the period9904€13k€25k▲
Profit (loss) for the period to be appropriated9905€13k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25k
Transfer to equity691/2-€25k
To other reserves6921-€25k
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
2024
02-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · CS SERVICES BV BARON SADAINESTRAAT 31, 2660 HOBOKEN (ANTWERPEN) · event 25-01-2024
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
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, Antwerpen · 1 establishment unit since 2020
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.
Baron Sadoinestraat 312660 AntwerpenGround area
239 m²
Building footprint
115 m²
Volume, LiDAR
438 m³
Parcel 11382C0231/00C009, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CS Services
since 20202.299.166.056
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382C0231/00C009 | Flanders | 239 m² | 1 · 115 m² | 7.5 m · 1 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 | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
25-01-2024 → present |
Similar companies · same sector, comparable size
WRITE THE FUTURE
BE 0761.786.431
Namur · Eq €39k
AGRISERVICE VANESSE
BE 0827.474.831
Hannut · Eq €40k
CALLWOOD
BE 0840.817.576
Elsene · Eq €41k
BOGAERTS
BE 0469.256.603
Merchtem · Eq €38k
BOSCOFF
BE 1007.472.682
Geraardsbergen · Eq €33k
Of 294 companies in sector 02400 we hold annual accounts for 77. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2020
Fiscal year end31-12
Activities, NACEBEL
02400Forestry and logging
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.