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Cut & Paste

Active
Private limited company (pre-2019)founded 2003active for 22 yearsGrote Baan 212, 9920 Lievegem, BelgiumKBO/BCE: BE 0862.313.667
Summary

The computed 12-month bankruptcy probability of Cut & Paste is 8.3% (elevated). For Cut & Paste, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€30,564) and a net result of -€408. Equity remains stable across the filed financial years (±2% per year). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€8,250total assets 2022
Equity
-€30,564
Loss
-€408
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
8.3%
2022 figures too old to score
Structure
2023 accounts not filed, 912 days past the deadline
Signalsraises riskName on a sanctions listFigures for financial year 2022 (filed 04-05-2023)No filing in 24 months (latest 04-05-2023)Two or more financial years not filedlowers riskSize: total assets €8,250Founded in 2003neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 0=
equity -370.5% of total assets
Liquidity 0=
short-term debt 470.5%
Profitability 25+10
return on assets -5.0%
Bankruptcy probability, 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 6.6% 12-2024: 6.8%▲ +0.2 percentage points vs 11-2024 01-2025: 6.5%▼ -0.3 percentage points vs 12-2024 02-2025: 6.5%● unchanged vs 01-2025 03-2025: 6.4%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 6.4%● unchanged vs 03-2025lowest value 05-2025: 7.0%▲ +0.6 percentage points vs 04-2025 06-2025: 8.8%▲ +1.8 percentage points vs 05-2025highest value 07-2025: 8.8%● unchanged vs 06-2025highest value 08-2025: 8.8%● unchanged vs 07-2025highest value 09-2025: 8.8%● unchanged vs 08-2025highest value 10-2025: 8.8%● unchanged vs 09-2025highest value 11-2025: 8.8%● unchanged vs 10-2025highest value 12-2025: 8.8%● unchanged vs 11-2025highest value 01-2026: 8.8%● unchanged vs 12-2025highest value 02-2026: 8.8%● unchanged vs 01-2026 03-2026: 8.8%● unchanged vs 02-2026 04-2026: 8.8%● unchanged vs 03-2026 05-2026: 8.3%▼ -0.5 percentage points vs 04-2026 06-2026: 8.3%● unchanged vs 05-2026 07-2026: 8.3%● unchanged vs 06-2026 08-2026: 8.3%● unchanged vs 07-2026 09-2026: 8.3%● unchanged vs 08-2026 10-2026: 8.3%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2022 (filed 04-05-2023)
NBB · annual accounts
lowers risk · Size: total assets €8,250
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · No filing in 24 months (latest 04-05-2023)
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 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 · 10 filings
Position against the passed deadline
30-09-2023 year end30-04-2024 deadline29-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 27-04-2023, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 days early
2021
3 days early
2020
2 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 2 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Name match with a sanctions list

1 entry
PARS PETROCHEMICAL COMPANYalias P.P.C.
OFAC SDN list (United States) · programme NPWMD · NPWMD / IFSR / IRAN · exact name match (100%)

A name match is not a finding that this company itself is on the list; check the entry at the source.

  1. Annual accounts filedfinancial year 2022 · micro…
  2. Annual accounts filedfinancial year 2021 · micro…
  3. Annual accounts filedfinancial year 2020 · micro…

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 30 April 2024 Financial year closed on 30 September 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 29 October 2026.

Equity
-€30,564▼ 1.4%
2021 · -€30,156
Total assets
€8,250=
2021 · €8,250
Net result
-€408▲ 46.2%
2021 · -€759
Working capital
-€30,814▼ 1.3%
2021 · -€30,406
Trend over the years

2019 to 2022, 4 financial years 2019 to 2022, 4 financial years

The operating result stays negative: a loss of €408 in 2022 against €759 in 2021; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€408 2022 Net result-€408 2022

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022
Operating result-€832--€607▲ 27.0%-€759▼ 25.0%-€408▲ 46.2%
Net result-€832--€607▲ 27.0%-€759▼ 25.0%-€408▲ 46.2%
Equity-€28,790--€29,397▼ 2.1%-€30,156▼ 2.6%-€30,564▼ 1.4%
Total assets€8,250-€8,250=€8,250=€8,250=
Debt€37,040-€37,647▲ 1.6%€38,406▲ 2.0%€38,814▲ 1.1%
Working capital-€29,040--€29,647▼ 2.1%-€30,406▼ 2.6%-€30,814▼ 1.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €8,250
Fixed assets €250 =
Current assets €8,000 =
Equity and liabilities
Equity-€30,564
Debt€38,814
Equity is negative: debt (€38,814) exceeds the balance-sheet total (€8,250).
Key figures and ratios
2022 value · change against 2021
Solvency
-370.5%▼
2021 · -365.5%
Current ratio
0.21▼
2021 · 0.21
ROA
-5.0%▲
2021 · -9.2%
Debt ≤ 1 year
€38,814▲
2021 · €38,406
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 · 22 lines
Balance sheet Code20212022
Assets
Total assets20/58€8,250€8,250=
Fixed assets21/28€250€250=
Financial fixed assets28€250€250=
Current assets29/58€8,000€8,000=
Amounts receivable within one year40/41€8,000€8,000=
Trade receivables40€8,000€8,000=
Equity and liabilities
Total equity and liabilities10/49€8,250€8,250=
Equity10/15-€30,156-€30,564▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€48,756-€49,164▼
Amounts payable17/49€38,406€38,814▲
Amounts payable within one year42/48€38,406€38,814▲
Current portion of amounts payable after more than one year42€35,225€35,633▲
Other amounts payable47/48€3,181€3,181=
Income statement Code20212022
Other operating charges640/8€120€122▲
Gross operating margin9900-€639-€287▲
Operating profit (loss)9901-€759-€408▲
Profit (loss) for the period before taxes9903-€759-€408▲
Profit (loss) for the period9904-€759-€408▲
Profit (loss) for the period to be appropriated9905-€759-€408▲
Appropriation of the result
Profit (loss) to be appropriated9906-€48,756-€49,164▼
Profit (loss) brought forward from the previous period14P-€47,997-€48,756▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Other operating charges640/8--€120€122▲ 1.3%
Gross operating margin9900-€699-€488-€639-€287▲ 55.1%
Operating profit (loss)9901-€832-€607-€759-€408▲ 46.2%
Profit (loss) for the period before taxes9903-€832-€607-€759-€408▲ 46.2%
Profit (loss) for the period9904-€832-€607-€759-€408▲ 46.2%
Profit (loss) for the period to be appropriated9905-€832-€607-€759-€408▲ 46.2%
Line2019202020212022Change
Assets
Total assets20/58€8,250€8,250€8,250€8,250=
Fixed assets21/28€250€250€250€250=
Financial fixed assets28€250€250€250€250=
Current assets29/58€8,000€8,000€8,000€8,000=
Amounts receivable within one year40/41€8,000€8,000€8,000€8,000=
Trade receivables40--€8,000€8,000=
Equity and liabilities
Total equity and liabilities10/49€8,250€8,250€8,250€8,250=
Equity10/15-€28,790-€29,397-€30,156-€30,564▼ 1.4%
Contributions10/11€18,600-€18,600€18,600=
Profit (loss) carried forward14-€47,390-€47,997-€48,756-€49,164▼ 0.8%
Amounts payable17/49€37,040€37,647€38,406€38,814▲ 1.1%
Amounts payable within one year42/48€37,040€37,647€38,406€38,814▲ 1.1%
Current portion of amounts payable after more than one year42--€35,225€35,633▲ 1.2%
Other amounts payable47/48--€3,181€3,181=
Line2019202020212022Change
Profit (loss) for the period9904-€832-€607-€759-€408▲ 46.2%
Operating cash flow (approximation)-€832-€607-€759-€408▲ 46.2%
Investment in fixed assets (approximation)-€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
30-09-2022 micro format 27-04-2023 2023-00077956
30-09-2021 micro format 27-04-2022 2022-20011015
30-09-2020 micro format 28-04-2021 2021-11800095
30-09-2019 micro format 29-04-2020 2020-11200596
30-09-2018 micro format 04-04-2019 2019-09400423
30-09-2017 micro format 27-04-2018 2018-11600508
30-09-2016 abbreviated format 28-04-2017 2017-10300251
30-09-2015 abbreviated format 04-03-2016 2016-05800537
30-09-2014 abbreviated format 31-03-2015 2015-07900256
30-09-2013 abbreviated format 24-04-2014 2014-09600060

Show all 18 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors found in Belgian Official Gazette deeds yet. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 19 December 2003, Cut & Paste was incorporated.1 Total assets went from €8,250 in 2019 to €8,250 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2022

Acts, filings and financial milestones

2023
27-04
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
27-04
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
28-04
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
29-04
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
04-04
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
27-04
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
28-04
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
2016
04-03
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
2015
31-03
NBB filing Annual accounts filed
financial year 2014 · abbreviated format
2014
24-04
NBB filing Annual accounts filed
financial year 2013 · abbreviated format
NBB filingOf the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-2003
Financial year end30-09
Abbreviation NL C & P
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 2003
registered office establishment The establishment unit on the map
Ground area
1,043 m²
Building footprint
418 m²
Building volume
2,342 m³
2 parcels, Flanders · tallest building 10.2 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CUT & PASTE
Centrumstraat 10, 9920 LievegemManufacture of textiles
since 2003unit no. 2.139.480.696
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
44036A1239/00R000 Flanders 668 m² 1 · 206 m² 8.3 m · 2
44452B0937/00H000 Flanders 375 m² 1 · 212 m² 10.2 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.