Designed for kids
Bankruptcy closedDesigned for kids was declared bankrupt on 04-09-2025 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 16-07-2026, published in the Belgian State Gazette on 23-07-2026.
No longer registered with the KBO since 16-07-2026; last annual accounts for fiscal year 2023.
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 31-12-2023 was due by 31-07-2024 and was filed on 11-10-2024, 72 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
72 d late
2022
67 d late
2021
11 d early
2020
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-195k▼ 36.4%
2022 · €-143k
2020: €-23k
2021: €-76k
2022: €-143k
2020 → 2023
Total assets
€49k▼ 13.0%
2022 · €57k
2020: €65k
2021: €90k
2022: €57k
2020 → 2023
Net result
€-52k▲ 22.4%
2022 · €-67k
2020: €-43k
2021: €-53k
2022: €-67k
2020 → 2023
Working capital
€-202k▼ 39.3%
2022 · €-145k
2020: €-4k
2021: €-72k
2022: €-145k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€-23k-€-76k▼ 235%€-143k▼ 88.4%€-195k▼ 36.4%
Operating result€-41k-€-51k▼ 26.2%€-66k▼ 28.5%€-51k▲ 22.3%
Net result€-43k-€-53k▼ 24.8%€-67k▼ 25.9%€-52k▲ 22.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €51k in 2023 against €66k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €49k
Fixed assets
€12k▼ 20.8%
Current assets
€37k▼ 10.1%
Key figures and ratios
EBITDA
€-48k▲
2022 · €-63k
Cash flow
€-49k▲
2022 · €-64k
Solvency
-395.5%▼
2022 · -252.4%
Current ratio
0.16▼
2022 · 0.22
Quick ratio
0.02▲
2022 · 0.01
Debt / equity
-1.25▲
2022 · -1.40
ROA
-105.5%▲
2022 · -118.4%
Interest coverage
-49.81▲
2022 · -53.44
Debt
€244k▲
2022 · €199k
Debt ≤ 1 year
€239k▲
2022 · €186k
Debt > 1 year
€4k▼
2022 · €12k
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€57k€49k▼
Fixed assets21/28€15k€12k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€6k€6k=
Current assets29/58€42k€37k▼
Stocks and contracts in progress3€39k€33k▼
Stocks30/36€39k€33k▼
Amounts receivable within one year40/41€158€637▲
Trade receivables40€158€637▲
Cash at bank and in hand54/58€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€57k€49k▼
Equity10/15€-143k€-195k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-163k€-215k▼
Amounts payable17/49€199k€244k▲
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€12k€4k▼
Amounts payable within one year42/48€186k€239k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€18k€6k▼
Suppliers440/4€18k€6k▼
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Other amounts payable47/48€158k€218k▲
Accrued charges and deferred income492/3€553€567▲
Income statement
Code20222023
Remuneration, social security and pensions62€95-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€179-
Gross operating margin9900€-63k€-48k▲
Operating profit (loss)9901€-66k€-51k▲
Financial income75/76B€165€252▲
Recurring financial income75€165€252▲
Financial charges65/66B€1k€965▼
Recurring financial charges65€1k€965▼
Profit (loss) for the period before taxes9903€-67k€-52k▲
Profit (loss) for the period9904€-67k€-52k▲
Profit (loss) for the period to be appropriated9905€-67k€-52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-163k€-215k▼
Profit (loss) brought forward from the previous period14P€-96k€-163k▼
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
2026
23-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · DESIGNED FOR KIDS BV OUDE MARKT 5, 3000 LEUVEN · event 16-07-2026
2025
10-09
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · DESIGNED FOR KIDS BV OUDE MARKT 5, 3000 LEUVEN · event 04-09-2025
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leuven
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.
Oude Markt 53000 LeuvenGround area
79 m²
Building footprint
79 m²
Volume, LiDAR
918 m³
Parcel 24504D0450/00C000, Flanders · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504D0450/00C000 | Flanders | 79 m² | 1 · 79 m² | 17.0 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERRY VERSCHUREN EIKENSTRAAT 1A,
3210 LUBBEEK |
04-09-2025 → present |
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 12,959 companies in sector 47120 we hold annual accounts for 2,190.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2020
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.designedforkids.be
E-mail:info@designedforkids.be