Active BE 0635.944.569Private limited company (pre-2019)Open bankruptcy

ECURIES BENJAMIN ROBERT

Maerestraat 3 ·8660 De Panne, Belgium· 10 yrs active

Sector: Activiteiten van paardensportclubs (93127)

Conclusion Checked

A bankruptcy procedure is open for ECURIES BENJAMIN ROBERT according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-122k) and a net result of €-120k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-122k
Net result	€-120k
Better than sector	18%
Active	10 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 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 2022 · 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.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 01-08-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 93 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-12.1%	18.7%	better than 18% of 480 sector peers
Net result	€-120k	€2k	better than 5% of 481 sector peers
Equity	€-122k	€15k	better than 5% of 482 sector peers
Gross operating margin	€-55k	€19k	better than 5% of 480 sector peers
Staff costs	€230	€24k	higher than 9% of 184 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-57k

- 18-22

Net profit

€-120k

- 18-22

Cash flow

€-85k

- 18-22

Total assets

€1.01M

-5.9% 18-22

Equity

€-122k

-5370.4% 18-22

Working capital

€-136k

-369.6% 18-22

Staff costs

€230

-65.2% 18-22

Income taxes

€679

+11.5% 18-22

Debt

€1.13M

+5.2% 18-22

Debt ≤ 1y

€261k

+44.7% 18-22

Debt > 1y

€870k

-2.8% 18-22

Current ratio

0.48

-43.0% 18-22

Quick ratio

0.32

-47.4% 18-22

Solvency

-12.1%

-5715.7% 18-22

Debt / equity

-9.30

+98.1% 18-22

ROE

98.2%

- 18-22

ROA

-11.8%

- 18-22

Interest coverage

-1.58

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€-57k
Net profit	€-120k
Cash flow	€-85k
Staff costs	€230
Income taxes	€679
Dividends	-
Total assets	€1.01M
Equity	€-122k
Debt	€1.13M
of which ≤ 1y	€261k
of which > 1y	€870k
Working capital	€-136k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	0.48
Quick ratio	0.32
Working capital ratio	-13.5%
Solvency	-12.1%
Debt / equity	-9.30
Long-term debt ratio	-7.15
Interest coverage	-1.58
Gross margin	-
Net margin	-
ROA	-11.8%
ROE	98.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €885k · 87.6% Current assets €125k · 12.4%

Full annual accounts

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

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.01M
Fixed assets	21/28	€885k
Tangible fixed assets	22/27	€885k
Current assets	29/58	€125k
Stocks & contracts in progress	3	€40k
Amounts receivable within one year	40/41	€85k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.01M
Equity	10/15	€-122k
Contributions / capital	10/11	€19k
Reserves	13	€8k
Accumulated profits (losses)	14	€-148k
Amounts payable	17/49	€1.13M
Amounts payable after one year	17	€870k
Amounts payable within one year	42/48	€261k
Trade debts payable within one year	44	€53k
Income statement
Gross operating margin	9900	€-55k
Operating result	9901	€-91k
Financial income	75	€11k
Financial charges	65	€36k
Result before taxes	9903	€-119k
Income taxes	67/77	€679
Net result for the period	9904	€-120k
Result to be appropriated	9905	€-120k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	JEAN MARIE VERSCHELDEN DANIEL DE HAENE- LAAN 30, 8630 VEURNE- jean- ↔ Also on 42 other cases	18-10-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van paardensportclubs(93127)
Legal form	Private limited company (pre-2019)(015)
Incorporation	01-09-2015
Status	Active
Postal code	8660
First BS signal	24-10-2023
Latest BS signal	24-10-2023

Establishment units 2 locations

Steenweg Asse(HN) 18, 1540 Pajottegem

Fokken en houden van paarden en andere paardachtigen

since 20152.246.575.725

's Heerwillems 10, 8630 Veurne

Fokken en houden van paarden en andere paardachtigen

since 20212.318.139.058

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.

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
38025D0107/00L000	Flanders	6,040 m²	1 · 443 m²	12.1 m · 2 fl.
38001D0248/00F002	Flanders	2,589 m²	1 · 96 m²	7.2 m · 1 fl.
23032D0328/00L002	Flanders	1,123 m²	1 · 217 m²	8.1 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 2

3 of 3 parcels with an exact address match; the rest are indicative.

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

Updates 8 events

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

2023

24-10-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Veurne · ECURIES BENJAMIN ROBERT BV MAERESTRAAT 3, 8660 DE PANNE · event 18-10-2023

01-08-2023