Active BE 0832.185.269Private limited company (pre-2019)

ECO ART FACADE

Polydore Moermanstraat 22 ·1070 Anderlecht, Belgium· 15 yrs active

Sector: Chapewerken (43422)

Conclusion Checked

The KBO register records legal situation 013 for ECO ART FACADE (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show equity of €7k and a net result of €-24k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€7k
Net result	€-24k
Active	15 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

19 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 25

Growth 32

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 013 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2019 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2019 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview9 NBB filings

Annual accounts filed on 16-02-2021 with the NBB · fiscal year 2019 · micro

RevenueOperating resultNet result

Revenue

€338k

- 18-19

EBITDA

€-54k

- 18-19

Net profit

€-24k

- 18-19

Cash flow

€-3k

- 18-19

Total assets

€230k

-23.2% 18-19

Equity

€7k

-91.6% 18-19

Working capital

€-16k

- 18-19

Income taxes

€8k

- 18-19

Show 11 other metrics

Debt

€222k

+4.2% 18-19

Debt ≤ 1y

€204k

+16.0% 18-19

Debt > 1y

€19k

-50.8% 18-19

Current ratio

0.92

-33.3% 18-19

Quick ratio

0.92

-33.3% 18-19

Solvency

3.1%

-89.1% 18-19

Debt / equity

2.61

+485.7% 18-19

ROE

-340.6%

- 18-19

ROA

-10.6%

- 18-19

Net margin

-7.2%

- 18-19

EBITDA margin

-16.0%

- 18-19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Deposit	micro
Revenue	€338k
EBITDA	€-54k
Net profit	€-24k
Cash flow	€-3k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€230k
Equity	€7k
Debt	€222k
of which ≤ 1y	€204k
of which > 1y	€19k
Working capital	€-16k
Employees (FTE)	-

Ratios (computed)

	2019
Current ratio	0.92
Quick ratio	0.92
Working capital ratio	-7.0%
Solvency	3.1%
Debt / equity	2.61
Long-term debt ratio	2.61
Interest coverage	-
Gross margin	-
Net margin	-7.2%
ROA	-10.6%
ROE	-340.6%
EBITDA margin	-16.0%
Days sales outstanding	177d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €42k · 18.3% Current assets €188k · 81.7%

Equity & liabilities

Equity €7k · 3.1% Debt €222k · 96.9%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€230k
Fixed assets	21/28	€42k
Tangible fixed assets	22/27	€42k
Current assets	29/58	€188k
Amounts receivable within one year	40/41	€164k
Cash & bank	54/58	€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€230k
Equity	10/15	€7k
Contributions / capital	10/11	€28k
Reserves	13	€4k
Accumulated profits (losses)	14	€-24k
Amounts payable	17/49	€222k
Amounts payable after one year	17	€19k
Amounts payable within one year	42/48	€204k
Trade debts payable within one year	44	€158k
Income statement
Turnover	70	€338k
Gross operating margin	9900	€-47k
Operating result	9901	€-76k
Financial income	75	€4
Financial charges	65	€3k
Result before taxes	9903	€-78k
Net result for the period	9904	€-78k
Result to be appropriated	9905	€-78k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Chapewerken(43422)
Legal form	Private limited company (pre-2019)(015)
Incorporation	23-12-2010
Status	Active
Postal code	1070

Establishment units 1 location

SABO SERVICES

Processiestraat 49, 1070 AnderlechtAlgemene reiniging van gebouwen

since 20112.196.661.505

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21001A0660/00W002	Brussels	270 m²	1 · 104 m²	17.3 m · 5 fl.
21001A0360/00M016	Brussels	178 m²	1 · 97 m²	12.9 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

16-02-2021