CUTTING EDGE INVEST SPRL
BankruptcyThe KBO register records for CUTTING EDGE INVEST SPRL the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €76k and a net result of €83k.
Signals
Two signals.
+raises risk○neutral
Financials · fiscal year 2023, micro schema
Equity
€76k▲ 239%
2022 · €22k
2018: €-23k
2019: €-21k
2020: €-2k
2021: €5k
2022: €22k
2018 → 2023
Total assets
€154k▲ 230%
2022 · €47k
2018: €3k
2019: €2k
2020: €1k
2021: €8k
2022: €47k
2018 → 2023
Net result
€83k▲ 148%
2022 · €34k
2018: €-920
2019: €1k
2020: €19k
2021: €7k
2022: €34k
2018 → 2023
Working capital
€53k▲ 270%
2022 · €14k
2018: €-23k
2019: €-22k
2020: €-2k
2021: €3k
2022: €14k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-21k-€-2k▲ 91.0%€5k€22k▲ 368%€76k▲ 239%
Operating result€2k-€22k▲ 1,244%€7k▼ 69.3%€39k▲ 470%€118k▲ 205%
Net result€1k-€19k▲ 1,281%€7k▼ 65.5%€34k▲ 402%€83k▲ 148%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 205% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €154k
Fixed assets
€22k▲ 183%
Current assets
€132k▲ 239%
Equity and liabilities €154k
Equity
€76k▲ 239%
Debt
€78k▲ 221%
The debt ratio falls from 52.2% to 50.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€120k▲
2022 · €39k
Cash flow
€86k▲
2022 · €34k
Solvency
49.2%▲
2022 · 47.8%
Current ratio
1.68▲
2022 · 1.59
Quick ratio
1.68▲
2022 · 1.59
Debt / equity
1.03▼
2022 · 1.09
ROE
110.1%▼
2022 · 150.3%
ROA
54.2%▼
2022 · 71.9%
Interest coverage
1036.12▲
2022 · 65.83
Debt
€78k▲
2022 · €24k
Debt ≤ 1 year
€78k▲
2022 · €24k
Income taxes
€35k▲
2022 · €5k
Staff costs
€68k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€47k€154k▲
Fixed assets21/28€8k€22k▲
Tangible fixed assets22/27€8k€22k▲
Furniture and vehicles24€1k€6k▲
Other tangible fixed assets26€7k€16k▲
Current assets29/58€39k€132k▲
Amounts receivable within one year40/41€12k€115k▲
Trade receivables40€11k€33k▲
Other amounts receivable41€306€82k▲
Cash at bank and in hand54/58€26k€16k▼
Deferred charges and accrued income490/1€900€0▼
Equity and liabilities
Total equity and liabilities10/49€47k€154k▲
Equity10/15€22k€76k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Profit (loss) carried forward14€16k€70k▲
Amounts payable17/49€24k€78k▲
Amounts payable within one year42/48€24k€78k▲
Trade debts44€9k€580▼
Suppliers440/4€9k€580▼
Taxes, remuneration and social security45€15k€78k▲
Taxes450/3€15k€56k▲
Remuneration and social security454/9-€22k
Other amounts payable47/48€362€0▼
Income statement
Code20222023
Remuneration, social security and pensions62-€68k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€718€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€41k€191k▲
Operating profit (loss)9901€39k€118k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€599€116▼
Recurring financial charges65€599€116▼
Profit (loss) for the period before taxes9903€38k€118k▲
Income taxes67/77€5k€35k▲
Profit (loss) for the period9904€34k€83k▲
Profit (loss) for the period to be appropriated9905€34k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€100k▲
Profit (loss) brought forward from the previous period14P€-1k€16k▲
Profit to be distributed694/7€16k€30k▲
Return on contributions (dividend)694-€30k
Directors or managers695€16k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 408 days late
2023
31-12
Financial
Highest result since 2018net €83k ▲148%
Operating result €118k, net result €83k, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Liquidity times 6current ratio 1.93
Current ratio from 0.32 to 1.93.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 429 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Oupeye · 1 establishment unit since 2017
Ground area
4,137 m²
Building footprint
155 m²
Volume, LiDAR
1,015 m³
Parcel 62048A0566/00H000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CUTTING EDGE INVEST
since 20172.261.456.812
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62048A0566/00H000 | Wallonia | 4,137 m² | 1 · 155 m² | 8.9 m · 2 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.
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Of 1,045 companies in sector 47559 we hold annual accounts for 350. 285 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2017
Fiscal year end31-12
Activities, NACEBEL
47559Retail sale of other household articles
47599Retail trade
70200Business and other management consultancy
70220Business consulting
46150Agents in the wholesale of furniture, household goods and hardware
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.