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DESAS

Open bankruptcy
Private limited companyfounded 2019KBO/BCE: BE 0727.758.831

A bankruptcy procedure is open for DESAS according to publications in the Belgian State Gazette; curator: CLAIRE VAN DE VELDE.

Summary

The 2020 annual accounts show equity of €12k and a net result of €9k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
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
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 22-10-2021, 83 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
83 d late
2019
116 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2020, micro schema

Turnover
€119k▲ 239%
2019 · €35k
2019: €35k
2019 → 2020
EBIT margin
9.7%▲ 13.5pp
2019 · -3.8%
2019: -3.8%
2019 → 2020
Net result
€9k
2019 · €-2k
2019: €-2k
2019 → 2020
Working capital
€26k▲ 282%
2019 · €7k
2019: €7k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020Trend
Turnover€35k-€119k▲ 239%
Equity€4k-€12k▲ 252%
Operating result€-1k-€12k
Net result€-2k-€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2019: €-1k€-1kNet result 2019: €-2k€-2kOperating result 2020: €12k€12kNet result 2020: €9k€9k20192020€-5k€0€5k€10kOperating result 2019: €-1k€-1.3kNet result 2019: €-2k€-2kOperating result 2020: €12k€12kNet result 2020: €9k€8.8k20192020
The operating result returns to profit in 2020: €12k after a loss of €1k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €29k
Equity €12k ▲ 252%
Debt €17k ▲ 133%
Debt's share of the balance-sheet total falls from 67.2% to 57.6%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
Current ratio
9.33
2019 · 2.75
ROE
71.6%
2019 · -56.6%
ROA
30.3%
2019 · -18.5%
Debt ≤ 1 year
€3k
2019 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 18 lines
Balance sheet Code20192020
Assets
Total assets20/58€11k€29k
Current assets29/58€11k€29k
Amounts receivable within one year40/41€54€29k
Cash at bank and in hand54/58€11k€617
Equity and liabilities
Total equity and liabilities10/49€11k€29k
Equity10/15€4k€12k
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-2k€7k
Amounts payable17/49€7k€17k
Amounts payable within one year42/48€4k€3k
Trade debts44€3k€3k
Income statement Code20192020
Turnover70€35k€119k
Gross operating margin9900€2k€13k
Operating profit (loss)9901€-1k€12k
Recurring financial charges65€672€3k
Profit (loss) for the period before taxes9903€-2k€9k
Profit (loss) for the period9904€-2k€9k
Profit (loss) for the period to be appropriated9905€-2k€9k

Download as CSV

Timeline · acts, filings and financial milestones

2024
05-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL DESAS RUE DE LA CARPE 25, 1080 MOLENBEEK-SAINT-JEAN · event 28-10-2024
2021
22-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 83 days late
2020
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 9.33
Current ratio from 2.75 to 9.33; short-term debt falls from €4k to €3k.
24-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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
1 establishment unit since 2019
establishment The establishment unit on the map
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.

Ground area
52 m²
Building footprint
52 m²
Volume, LiDAR
639 m³
Parcel 21523B0742/00E010, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA TERRASSE
Cafés and bars
since 20192.289.935.913
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0742/00E010 Brussels 52 m² 1 · 52 m² 14.8 m · 4 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 CLAIRE VAN DE VELDE
AVENUE DE FRE 229, 1180 UCCLE
28-10-2024present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Jans-Molenbeek2.289.935.913
1 permission
Drankgelegenheid · since 03-06-2019

Similar companies · same sector, comparable size

Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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