GROEP EXXON
Open bankruptcyA bankruptcy procedure is open for GROEP EXXON according to publications in the Belgian State Gazette; curator: MARIE-LAURE DE SMEDT. The 2020 annual accounts show equity of €104k and a net result of €48k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2020, abbreviated schema
Turnover
€264k▲ 491%
2019 · €45k
2019: €45k
2019 → 2020
EBIT margin
18.1%▼ 15.1pp
2019 · 33.2%
2019: 33.2%
2019 → 2020
Net result
€48k▲ 225%
2019 · €15k
2019: €15k
2019 → 2020
Working capital
€81k▲ 189%
2019 · €28k
2019: €28k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Turnover€45k-€264k▲ 491%
Equity€28k-€104k▲ 271%
Operating result€15k-€48k▲ 222%
Net result€15k-€48k▲ 225%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 222% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €264k
Fixed assets
€37k
Current assets
€227k
Equity and liabilities €264k
Equity
€104k▲ 271%
Debt
€159k▲ 797%
The debt ratio rises from 38.7% to 60.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€52k▲
2019 · €17k
Cash flow
€52k▲
2019 · €17k
Solvency
39.5%▼
2019 · 61.3%
Current ratio
1.56▼
2019 · 2.58
Quick ratio
1.56▼
2019 · 2.58
Debt / equity
0.13
ROE
46.2%▼
2019 · 52.7%
ROA
18.3%▼
2019 · 32.3%
Debt
€159k▲
2019 · €18k
Debt ≤ 1 year
€146k▲
2019 · €18k
Debt > 1 year
€14k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€46k€264k▲
Fixed assets21/28-€37k
Tangible fixed assets22/27-€37k
Current assets29/58€46k€227k▲
Amounts receivable within one year40/41€24k€227k▲
Cash at bank and in hand54/58€22k€66▼
Equity and liabilities
Total equity and liabilities10/49€46k€264k▲
Equity10/15€28k€104k▲
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Profit (loss) carried forward14€13k€89k▲
Amounts payable17/49€18k€159k▲
Amounts payable after more than one year17-€14k
Amounts payable within one year42/48€18k€146k▲
Trade debts44€5k€88k▲
Income statement
Code20192020
Turnover70€45k€264k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Gross operating margin9900€22k€80k▲
Operating profit (loss)9901€15k€48k▲
Recurring financial income75-€3k
Recurring financial charges65€7€3k▲
Profit (loss) for the period before taxes9903€15k€48k▲
Profit (loss) for the period9904€15k€48k▲
Profit (loss) for the period to be appropriated9905€15k€48k▲
Timeline · acts, filings and financial milestones
2022
23-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · GROEP EXXON BV HERDER- STRAAT 6, 9240 ZELE · event 19-09-2022
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 228 days late
2020
31-12
Financial
Equity above €100kEq €104k ▲271%
2 profitable years in a row build equity to €104k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Zele · 1 establishment unit since 2018
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.
Herderstraat 69240 ZeleGround area
9,896 m²
Building footprint
5,690 m²
Parcel 42028B0780/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
GROEP EXXON
since 20182.281.997.353
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B0780/00S000 | Flanders | 9,896 m² | 1 · 5,690 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARIE-LAURE DE SMEDT ROOMSTRAAT 40,
9160 LOKEREN |
19-09-2022 → present |
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 13,087 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-11-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.