H&S AUTOCENTER
Open bankruptcyA bankruptcy procedure is open for H&S AUTOCENTER according to publications in the Belgian State Gazette; curator: CHRISTOPHE CHARDON.
Summary
The 2022 annual accounts show equity of €56k and a net result of €30k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€56k▲ 161%
2020 · €22k
2018: €29k
2019: €28k
2020: €22k
2018 → 2022
Total assets
€520k▲ 17.9%
2020 · €441k
2018: €594k
2019: €427k
2020: €441k
2018 → 2022
Net result
€30k
2020 · €-6k
2018: €-3k
2019: €-1k
2020: €-6k
2018 → 2022
Working capital
€33k
2020 · €-3k
2018: €675
2019: €6k
2020: €-3k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202022Trend
Equity€29k-€28k▼ 4.1%€22k▼ 22.6%€56k▲ 161%
Operating result€-3k-€-1k▲ 62.2%€-3k▼ 111%€30k
Net result€-3k-€-1k▲ 62.2%€-6k▼ 431%€30k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €30k in 2022, compared with €-3k in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €520k
Fixed assets
€24k ▼ 2.5%
Current assets
€496k ▲ 19.1%
Equity and liabilities €520k
Equity
€56k ▲ 161%
Debt
€464k ▲ 10.6%
Debt's share of the balance-sheet total falls from 95.1% to 89.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2020 · €5k
Cash flow
€33k▲
2020 · €1k
Current ratio
1.07▲
2020 · 0.99
Quick ratio
0.85▲
2020 · 0.48
Debt to equity
8.21
ROE
52.3%▲
2020 · -29.2%
ROA
5.7%▲
2020 · -1.4%
Interest coverage
179.27
Debt ≤ 1 year
€464k▲
2020 · €419k
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 2020 · 42 lines
Balance sheet
Code20202022
Assets
Total assets20/58€441k€520k▲
Fixed assets21/28€24k€24k▼
Tangible fixed assets22/27€24k€24k▼
Plant, machinery and equipment23-€22k
Furniture and vehicles24-€1k
Current assets29/58€417k€496k▲
Amounts receivable after more than one year29-€3k
Trade receivables290-€3k
Stocks and contracts in progress3€213k€100k▼
Stocks30/36-€100k
Amounts receivable within one year40/41€176k€378k▲
Trade receivables40-€333k
Other amounts receivable41-€45k
Cash at bank and in hand54/58€27k€15k▼
Equity and liabilities
Total equity and liabilities10/49€441k€520k▲
Equity10/15€22k€56k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€1k€36k▲
Amounts payable17/49€419k€464k▲
Amounts payable within one year42/48€419k€464k▲
Trade debts44€11k€139k▲
Suppliers440/4-€139k
Taxes, remuneration and social security45-€28k
Taxes450/3-€11k
Remuneration and social security454/9-€17k
Other amounts payable47/48-€297k
Income statement
Code20202022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8-€62
Gross operating margin9900€11k€33k▲
Operating profit (loss)9901€-3k€30k▲
Financial charges65/66B-€184
Recurring financial charges65€4k€184▼
Profit (loss) for the period before taxes9903€-6k€30k▲
Profit (loss) for the period9904€-6k€30k▲
Profit (loss) for the period to be appropriated9905€-6k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€36k
Profit (loss) brought forward from the previous period14P-€6k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL H&S AUTOCENTER RUE DES MOISSONS 60, 1210 SAINT-JOSSE-TEN-NOODE · event 03-02-2025
2023
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 102 days late
2022
31-12
Financial
Back to profitnet €30k
Net result €30k after 3 loss-making years.
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 102 days late
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 444 days late
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 810 days late
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 64 days late
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 429 days late
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 116 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Sint-Joost-ten-Node · 1 establishment unit since 2014
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.
Oogststraat 601210 Sint-Joost-ten-NodeGround area
1,888 m²
Building footprint
675 m²
Volume, LiDAR
3,059 m³
2 parcels, Brussels, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
H&S Autocenter
since 20142.228.143.151
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71582E0431/00D025 | Flanders | 1,583 m² | 1 · 578 m² | 7.3 m · 1 fl. |
| 21572C0015/00V008 | Brussels | 305 m² | 1 · 97 m² | 16.4 m · 4 fl. |
Linked by address, not proof of ownership
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE CHARDON AVENUE DU CENTE-
NAIRE 120, 1400 NIVELLES |
03-02-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-02-2014
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.