K & K COACH
InactiveK & K COACH was declared bankrupt on 16-05-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 23-05-2023, published in the Belgian State Gazette on 16-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-03-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-03-2019 close31-10-2019 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 12-11-2018, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€963▼ 70.9%
2017 · €3k
2016: €-11k
2017: €3k
2016 → 2018
Working capital
€6k
2017 · €-2k
2016: €-16k
2017: €-2k
2016 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201620172018Trend
Equity€-5k-€6k€12k▲ 83.0%
Operating result€-11k-€4k€1k▼ 70.4%
Net result€-11k-€3k€963▼ 70.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2018; 2018 is 70% below 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €19k
Fixed assets
€5k ▼ 33.3%
Current assets
€14k ▲ 45.1%
Equity and liabilities €19k
Equity
€12k ▲ 83.0%
Debt
€8k ▼ 33.4%
Debt's share of the balance-sheet total falls from 63.6% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2017 · €6k
Cash flow
€4k▼
2017 · €6k
Current ratio
1.85▲
2017 · 0.85
Quick ratio
0.95▲
2017 · 0.77
ROE
8.1%▼
2017 · 51.2%
ROA
5.0%▼
2017 · 18.6%
Debt ≤ 1 year
€8k▼
2017 · €11k
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 · 2018 against 2017 · 21 lines
Balance sheet
Code20172018
Assets
Total assets20/58€18k€19k▲
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Current assets29/58€10k€14k▲
Stocks and contracts in progress3€913€7k▲
Amounts receivable within one year40/41€172€324▲
Cash at bank and in hand54/58€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€18k€19k▲
Equity10/15€6k€12k▲
Contributions10/11€14k€19k▲
Profit (loss) carried forward14€-8k€-7k▲
Amounts payable17/49€11k€8k▼
Amounts payable within one year42/48€11k€8k▼
Trade debts44€1k€7k▲
Income statement
Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Gross operating margin9900€22k€13k▼
Operating profit (loss)9901€4k€1k▼
Recurring financial charges65€249€92▼
Profit (loss) for the period before taxes9903€3k€963▼
Profit (loss) for the period9904€3k€963▼
Profit (loss) for the period to be appropriated9905€3k€963▼
Timeline · acts, filings and financial milestones
2024
16-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · K&K COACH SPRL AVENUE LOUISE 209/7, 1050 IXELLES. déclarée le 16 mai 2022 · event 23-05-2023
2022
30-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · K&K COACH SPRL AVENUE LOUISE 209/7, 1050 IXELLES · event 16-05-2022
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
31-03
Financial
Liquidity doublescurrent ratio 1.85
Current ratio from 0.85 to 1.85; short-term debt falls from €11k to €8k.
2017
10-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
31-03
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
2016
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 BRUXELLES 5 |
16-05-2022 → 23-05-2023 |