ELECTRO BRUXELLES
InactiveELECTRO BRUXELLES was declared bankrupt on 12-02-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 21-01-2025, published in the Belgian State Gazette on 31-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-11-2023, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
105 d late
2021
226 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€13k▼ 29.9%
2021 · €19k
2021: €19k
2021 → 2022
Total assets
€85k▲ 24.7%
2021 · €68k
2021: €68k
2021 → 2022
Net result
€-6k
2021 · €580
2021: €580
2021 → 2022
Working capital
€21k▲ 11.2%
2021 · €19k
2021: €19k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€19k-€13k▼ 29.9%
Operating result€2k-€-4k
Net result€580-€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €4k after €2k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €85k
Equity
€13k ▼ 29.9%
Debt
€71k ▲ 46.1%
Debt's share of the balance-sheet total rises from 71.8% to 84.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.34▼
2021 · 1.39
Quick ratio
0.35▼
2021 · 0.45
Debt to equity
5.31▲
2021 · 2.55
ROE
-42.6%▼
2021 · 3.0%
ROA
-6.8%▼
2021 · 0.9%
Debt ≤ 1 year
€63k▲
2021 · €49k
Debt > 1 year
€8k
Staff costs
€29k▲
2021 · €21k
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 · 2022 against 2021 · 33 lines
Balance sheet
Code20212022
Assets
Total assets20/58€68k€85k▲
Current assets29/58€68k€85k▲
Stocks and contracts in progress3€46k€63k▲
Stocks30/36€46k€63k▲
Amounts receivable within one year40/41€19k€22k▲
Trade receivables40-€2k
Other amounts receivable41€19k€20k▲
Cash at bank and in hand54/58€3k-
Equity and liabilities
Total equity and liabilities10/49€68k€85k▲
Equity10/15€19k€13k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€580€-5k▼
Amounts payable17/49€49k€71k▲
Amounts payable after more than one year17-€8k
Other amounts payable178/9-€8k
Amounts payable within one year42/48€49k€63k▲
Trade debts44€41k€40k▼
Suppliers440/4€41k€40k▼
Taxes, remuneration and social security45€8k€23k▲
Taxes450/3€2k€15k▲
Remuneration and social security454/9€5k€8k▲
Income statement
Code20212022
Remuneration, social security and pensions62€21k€29k▲
Other operating charges640/8€2k-
Non-recurring operating charges66A-€1
Gross operating margin9900€24k€25k▲
Operating profit (loss)9901€2k€-4k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€580€-6k▼
Profit (loss) for the period9904€580€-6k▼
Profit (loss) for the period to be appropriated9905€580€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€580€-5k▼
Profit (loss) brought forward from the previous period14P-€580
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-01
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · ELECTRO BRUXELLES SRL CHAUSSEE DE WEMMEL 30, 1090 JETTE. déclarée le 12 février 2024 · event 21-01-2025
2024
21-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ELECTRO BRUXELLES SRL CHAUSSEE DE WEMMEL 30, 1090 JETTE · event 12-02-2024
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 105 days late
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 226 days late
SignalNBB filing
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
12-02-2024 → 21-01-2025 |