KABE MULTISERVICES
Open bankruptcySummary
A bankruptcy procedure is open for KABE MULTISERVICES according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €49k and a net result of €20k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€352k▼ 19.3%
2019 · €436k
2018: €700k
2019: €436k
2018 → 2020
EBIT margin
8.0%▲ 5.7pp
2019 · 2.3%
2018: 10.5%
2019: 2.3%
2018 → 2020
Net result
€20k▲ 217%
2019 · €6k
2018: €71k
2019: €6k
2018 → 2020
Working capital
€49k▲ 68.2%
2019 · €29k
2018: €58k
2019: €29k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€700k-€436k▼ 37.7%€352k▼ 19.3%
Equity€90k-€29k▼ 67.4%€49k▲ 68.2%
Operating result€74k-€10k▼ 86.4%€28k▲ 182%
Net result€71k-€6k▼ 91.2%€20k▲ 217%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 182% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €340k
Equity
€49k ▲ 68.2%
Debt
€290k ▲ 1,262%
Debt's share of the balance-sheet total rises from 42.0% to 85.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.17▼
2019 · 2.38
Debt to equity
5.87
ROE
40.5%▲
2019 · 21.5%
ROA
5.9%▼
2019 · 12.5%
Debt ≤ 1 year
€290k▲
2019 · €21k
Income taxes
€7k▲
2019 · €3k
Staff costs
€22k
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 · 2020 against 2019 · 38 lines
Balance sheet
Code20192020
Assets
Total assets20/58€51k€340k▲
Current assets29/58€51k€340k▲
Amounts receivable within one year40/41€49k€327k▲
Trade receivables40-€45k
Other amounts receivable41-€282k
Cash at bank and in hand54/58€2k€12k▲
Equity and liabilities
Total equity and liabilities10/49€51k€340k▲
Equity10/15€29k€49k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€539€2k▲
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€10k€29k▲
Amounts payable17/49€21k€290k▲
Amounts payable within one year42/48€21k€290k▲
Trade debts44€13k€2k▼
Suppliers440/4-€2k
Taxes, remuneration and social security45-€288k
Taxes450/3-€287k
Remuneration and social security454/9-€2k
Income statement
Code20192020
Turnover70€436k€352k▼
Goods, raw materials, services and sundry goods60/61-€398k
Remuneration, social security and pensions62-€22k
Other operating charges640/8-€4k
Gross operating margin9900€42k€54k▲
Operating profit (loss)9901€10k€28k▲
Financial charges65/66B-€818
Recurring financial charges65€746€818▲
Profit (loss) for the period before taxes9903€9k€27k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€6k€20k▲
Profit (loss) for the period to be appropriated9905€6k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€30k
Profit (loss) brought forward from the previous period14P-€10k
Transfer to equity691/2-€1k
To the legal reserve6920-€1k
Timeline · acts, filings and financial milestones
2022
16-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · KABE MULTISERVICES SRL RUE DE LA PRESSE 4, 1000 BRUXELLES · event 12-12-2022
04-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 247 days late
2021
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 257 days late
2020
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 268 days late
2019
31-12
Financial
Weakest financial yearnet €6k ▼91.2%
Net result drops to €6k, the lowest in the series.
2018
20-11
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · KABE MULTISERVICES SPRL RUE DE LA PRESSE 4, 1000 BRUXELLES 1. déclarée le 1 octobre 2018 · event 05-11-2018
12-10
Bankruptcy
Opening
Tribunal de commerce francophone de Bruxelles · KABE MULTISERVICES SPRL RUE DE LA PRESSE 4, 1000 BRUXELLES 1 · event 01-10-2018
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brussel
Ground area
100 m²
Building footprint
99 m²
Volume, LiDAR
2,129 m³
Parcel 21803C0244/00A002, Brussels · tallest building 23.6 m, ±8 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0244/00A002 | Brussels | 100 m² | 1 · 99 m² | 23.6 m · 8 fl. |
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
12-12-2022 → present |
| Curator | LUCILLE BERMOND CHAUSSEE DE LA HULPE 187,
1170 WATERMAEL-BOITSFORT |
01-10-2018 → 05-11-2018 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-05-2017
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.