Active BE 0452.832.820Public limited companyOpen bankruptcy

EURO - CENTER BOURSE

· 32 yrs active

Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)

Conclusion Checked

A bankruptcy procedure is open for EURO - CENTER BOURSE according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €1.93M and a net result of €1.05M.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€1.93M
Net result	€1.05M
Staff (FTE)	35
Active	32 yrs

Snowflake analysis 4 of 5 axes measured · computed by Checked

34 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 100

Solvency 35

Growth -

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 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 3 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 an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 10-11-2020 with the NBB · fiscal year 2019 · volledig

Highlight YoY changes (±10%)

Fiscal year	2019
Deposit	volledig
Revenue	€6.67M
EBITDA	-
Net profit	€1.05M
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€5.49M
Equity	€1.93M
Debt	€3.49M
of which ≤ 1y	€2.86M
of which > 1y	-
Working capital	€-1.77M
Employees (FTE)	35.0

Ratios (computed)

	2019
Current ratio	0.38
Quick ratio	0.38
Working capital ratio	-32.2%
Solvency	35.1%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	15.8%
ROA	19.2%
ROE	54.5%
EBITDA margin	-
Days sales outstanding	51d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €4.41M · 80.2% Current assets €1.09M · 19.8%

Equity & liabilities

Equity €1.93M · 35.1% Provisions €70k · 1.3% Debt €3.49M · 63.6%

Full annual accounts

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

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€5.49M
Fixed assets	21/28	€4.41M
Financial fixed assets	28	€4.41M
Current assets	29/58	€1.09M
Amounts receivable within one year	40/41	€937k
Cash & bank	54/58	€148k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5.49M
Equity	10/15	€1.93M
Contributions / capital	10/11	€297k
Reserves	13	€580k
Accumulated profits (losses)	14	€1.05M
Provisions & deferred taxes	16	€70k
Amounts payable	17/49	€3.49M
Amounts payable within one year	42/48	€2.86M
Trade debts payable within one year	44	€332k
Income statement
Turnover	70	€6.67M
Operating result	9901	€9k
Financial income	75	€0
Financial charges	65	€55k
Result before taxes	9903	€-46k
Net result for the period	9904	€-46k
Result to be appropriated	9905	€-46k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	THIERRY BINDELLE RUE VAN EYCK 44 BTE 6, 1000 FR BRUXELLES-VILLE	04-10-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form	Public limited company(014)
Incorporation	08-06-1994
Status	Active
Postal code	-
First BS signal	11-10-2021
Latest BS signal	11-10-2021

Establishment units 1 location

Hallenstraat 1, 1000 Brussel

Holdings

since 19942.067.519.861

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.
21807G0120/00L005	Brussels	700 m²	1 · 700 m²	32.2 m · 9 fl.
21812N0686/00C000	Brussels	151 m²	1 · 161 m²	26.8 m · 7 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 11 events

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

2021

11-10-2021

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SA EURO- CENTER BOURSE CHAUSSEE DE LOUVAIN 467, 1030 Schaerbeek · event 04-10-2021

2020

10-11-2020