KASHIR DESH
Open bankruptcyA bankruptcy procedure is open for KASHIR DESH according to publications in the Belgian State Gazette; curator: TOMAS BRUNEEL.
Summary
The 2023 annual accounts show negative equity (€-19k) and a net result of €2k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-09-2024, 41 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
41 d late
2022
26 d early
2021
3 d early
2020
5 d early
2019
74 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€75k▲ 12.9%
2020 · €66k
2018: €119k
2019: €121k
2020: €66k
2018 → 2023
EBIT margin
5.8%▲ 3.1pp
2020 · 2.7%
2018: 6.9%
2019: 5.0%
2020: 2.7%
2018 → 2023
Net result
€2k▼ 15.0%
2022 · €2k
2018: €6k
2019: €7k
2020: €1k
2021: €-41k
2022: €2k
2018 → 2023
Working capital
€-40k▼ 1,067%
2022 · €-3k
2018: €18k
2019: €22k
2020: €18k
2021: €-7k
2022: €-3k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€121k-€66k▼ 45.0%€75k
Equity€34k-€35k▲ 4.2%€-6k€-4k▲ 31.1%€-19k▼ 386%
Operating result€6k-€2k▼ 70.8%€-34k€5k€4k▼ 15.4%
Net result€7k-€1k▼ 80.4%€-41k€2k€2k▼ 15.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 15% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €73k
Fixed assets
€35k ▼ 20.3%
Current assets
€39k ▼ 60.0%
Key figures and ratios
EBITDA
€18k▼
2022 · €19k
Cash flow
€16k▲
2022 · €15k
Solvency
-25.9%▼
2022 · -2.8%
Current ratio
0.49▼
2022 · 0.97
Debt to equity
-4.86▲
2022 · -36.83
ROA
2.0%▲
2022 · 1.3%
Interest coverage
6.79▲
2022 · 5.78
Debt
€92k▼
2022 · €144k
Debt ≤ 1 year
€78k▼
2022 · €100k
Debt > 1 year
€14k▼
2022 · €32k
Income taxes
€117=
2022 · €117
Staff costs
€9k▲
2022 · €9k
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 · 2023 against 2022 · 47 lines
Balance sheet
Code20222023
Assets
Total assets20/58€140k€73k▼
Fixed assets21/28€44k€35k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€37k€29k▼
Plant, machinery and equipment23€36k€29k▼
Furniture and vehicles24€271€153▼
Financial fixed assets28€4k€4k=
Current assets29/58€96k€39k▼
Amounts receivable within one year40/41€67k€35k▼
Trade receivables40€65k€29k▼
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€29k€4k▼
Deferred charges and accrued income490/1€484-
Equity and liabilities
Total equity and liabilities10/49€140k€73k▼
Equity10/15€-4k€-19k▼
Contributions10/11€19k€2k▼
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-24k€-23k▲
Amounts payable17/49€144k€92k▼
Amounts payable after more than one year17€32k€14k▼
Financial debts170/4€32k€14k▼
Amounts payable within one year42/48€100k€78k▼
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€83k€45k▼
Suppliers440/4€83k€45k▼
Taxes, remuneration and social security45-€15k
Taxes450/3-€14k
Remuneration and social security454/9-€635
Accrued charges and deferred income492/3€12k-
Income statement
Code20222023
Turnover70-€75k
Non-recurring operating income76A€3k-
Goods, raw materials, services and sundry goods60/61-€42k
Remuneration, social security and pensions62€9k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€1k€5k▲
Gross operating margin9900€29k€33k▲
Operating profit (loss)9901€5k€4k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€2k€2k▼
Income taxes67/77€117€117=
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-23k▲
Profit (loss) brought forward from the previous period14P€-26k€-24k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KASHIR DESH BV ’S HEREN- BAAN 240, 2840 RUMST · event 08-05-2025
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-41k ▼2996%
Net result drops to €-41k, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €7k ▲19.5%
Net result €7k, the highest in the series.
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 97 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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
Registered office, Rumst · 1 establishment unit since 2015
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.
's Herenbaan 2402840 RumstGround area
294 m²
Building footprint
294 m²
Volume, LiDAR
1,721 m³
Parcel 11036A0008/00E002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KASHIR DESH
since 20152.247.735.270
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036A0008/00E002 | Flanders | 294 m² | 1 · 294 m² | 7.5 m · 2 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOMAS BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
08-05-2025 → present |
Similar companies · same sector, comparable size
SELFCARWASH
BE 0894.246.364
Kraainem · Eq €35,105
COME & WASH
BE 0840.307.634
Namur · Eq €35,451
ETCAR
BE 0711.762.244
Brussel · Eq €35,771
LURQUIN FRERES
BE 0867.786.546
Thuin · Eq €34,494
Netty
BE 0740.499.087
Bilzen-Hoeselt · Eq €35,945
Of 3,209 companies in sector 95316 we hold annual accounts for 752. 559 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.