Kay Ventures International
Open bankruptcyA bankruptcy procedure is open for Kay Ventures International according to publications in the Belgian State Gazette; curator: OLIVIER RONSE. The 2020 annual accounts show equity of €29k and a net result of €18k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-07-2021, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
4 d early
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€29k▲ 155%
2019 · €11k
2018: €6k
2019: €11k
2018 → 2020
Total assets
€42k▲ 70.5%
2019 · €25k
2018: €70k
2019: €25k
2018 → 2020
Net result
€18k▲ 209%
2019 · €6k
2018: €3k
2019: €6k
2018 → 2020
Working capital
€28k▲ 174%
2019 · €10k
2018: €20k
2019: €10k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€6k-€11k▲ 100%€29k▲ 155%
Operating result€3k-€8k▲ 164%€21k▲ 170%
Net result€3k-€6k▲ 96.3%€18k▲ 209%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 170% above 2019 and is the highest year so far.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €42k
Fixed assets
€2k=
Current assets
€40k▲ 75.1%
Equity and liabilities €42k
Equity
€29k▲ 155%
Debt
€13k▼ 2.6%
The debt ratio falls from 53.5% to 30.5%: equity grows while debt is paid down.
Key figures and ratios
Solvency
69.5%▲
2019 · 46.5%
Current ratio
3.16▲
2019 · 1.78
Quick ratio
3.16▲
2019 · 1.78
ROE
60.7%▲
2019 · 50.0%
ROA
42.2%▲
2019 · 23.3%
Debt
€13k▼
2019 · €13k
Debt ≤ 1 year
€13k▼
2019 · €13k
Income taxes
€5k▲
2019 · €3k
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€25k€42k▲
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€23k€40k▲
Amounts receivable within one year40/41€19k€24k▲
Cash at bank and in hand54/58€4k€16k▲
Equity and liabilities
Total equity and liabilities10/49€25k€42k▲
Equity10/15€11k€29k▲
Contributions10/11€7k€7k=
Reserves13€2k€2k=
Profit (loss) carried forward14€3k€21k▲
Amounts payable17/49€13k€13k▼
Amounts payable within one year42/48€13k€13k▼
Trade debts44€11k€5k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Gross operating margin9900€10k€22k▲
Operating profit (loss)9901€8k€21k▲
Recurring financial income75€1k€2k▲
Recurring financial charges65€469€205▼
Profit (loss) for the period before taxes9903€9k€23k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€6k€18k▲
Profit (loss) for the period to be appropriated9905€6k€18k▲
Timeline · acts, filings and financial milestones
2022
25-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · KAY VENTURES INTERNA- TIONAL BV MARSVELDPLEIN 5/13, 1050 ELSENE · event 15-11-2022
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €18k ▲209%
Operating result €21k, net result €18k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 19 days late
2013
01-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 1 day late
2012
22-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 22 days late
2011
30-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2009
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.
Ground area
3,769 m²
Building footprint
1,350 m²
Volume, LiDAR
98,683 m³
2 parcels, Brussels, Flanders · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
1 establishment unit
KAY VENTURES INTERNATIONAL
since 20092.179.672.449
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 fl. |
| 11805E0765/00E004 | Flanders | 45 m² | 1 · 44 m² | 14.7 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 | OLIVIER RONSE ZEVEN BUNDERSLAAN 130,
1190 BRUSSEL 19 |
15-11-2022 → present |
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Of 803 companies in sector 46610 we hold annual accounts for 563. 182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-07-2009
Fiscal year end31-12
Activities, NACEBEL
46610Wholesale trade
46644Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.