Kenniscentrum
Dissolution or liquidationSignals
Two 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 31-12-2020 was due by 31-07-2021 and was filed on 25-08-2021, 25 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
25 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 43 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, abbreviated schema
Equity
€133,315▼ 62.3%
2019 · €353,703
Total assets
€462,252▲ 6.5%
2019 · €433,983
Net result
-€220,388
2019 · €143,877
Working capital
€398,315▲ 12.6%
2019 · €353,703
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€67,467-€144,400▲ 114%-€220,280
Net result€59,268-€143,877▲ 143%-€220,388
Equity€209,825-€353,703▲ 68.6%€133,315▼ 62.3%
Total assets€285,273-€433,983▲ 52.1%€462,252▲ 6.5%
Debt€75,448-€80,280▲ 6.4%€63,937▼ 20.4%
Working capital€209,825-€353,703▲ 68.6%€398,315▲ 12.6%
Staff (FTE)6.5-6.4▼ 1.5%4.8▼ 25.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €220,280 after €144,400 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €462,252
Equity
€133,315 ▼ 62.3%
Provisions
€265,000
Debt
€63,937 ▼ 20.4%
Debt's share of the balance-sheet total falls from 18.5% to 13.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
7.23▲
2019 · 5.41
ROE
-165.3%▼
2019 · 40.7%
ROA
-47.7%▼
2019 · 33.2%
Debt ≤ 1 year
€63,937▼
2019 · €80,280
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €567,728 | €616,499 | €430,329 | ▼ 30.2% |
| Operating profit (loss)9901 | €67,467 | €144,400 | -€220,280 | ▼ 253% |
| Recurring financial income75 | €10 | €72 | - | - |
| Recurring financial charges65 | €95 | €595 | €108 | ▼ 81.8% |
| Profit (loss) for the period before taxes9903 | €67,381 | €143,877 | -€220,388 | ▼ 253% |
| Profit (loss) for the period9904 | €59,268 | €143,877 | -€220,388 | ▼ 253% |
| Profit (loss) for the period to be appropriated9905 | €59,268 | €143,877 | -€220,388 | ▼ 253% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €285,273 | €433,983 | €462,252 | ▲ 6.5% |
| Current assets29/58 | €285,273 | €433,983 | €462,252 | ▲ 6.5% |
| Amounts receivable within one year40/41 | €89,727 | €124,616 | €3,917 | ▼ 96.9% |
| Cash at bank and in hand54/58 | €192,269 | €304,960 | €450,856 | ▲ 47.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €285,273 | €433,983 | €462,252 | ▲ 6.5% |
| Equity10/15 | €209,825 | €353,703 | €133,315 | ▼ 62.3% |
| Profit (loss) carried forward14 | €209,825 | €353,703 | €133,315 | ▼ 62.3% |
| Provisions and deferred taxes16 | - | - | €265,000 | - |
| Amounts payable17/49 | €75,448 | €80,280 | €63,937 | ▼ 20.4% |
| Amounts payable within one year42/48 | €75,448 | €80,280 | €63,937 | ▼ 20.4% |
| Trade debts44 | €4,778 | €3,265 | €4,683 | ▲ 43.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,268 | €143,877 | -€220,388 | ▼ 253% |
| Operating cash flow (approximation) | €59,268 | €143,877 | -€220,388 | ▼ 253% |
| Change in cash | - | €112,691 | €145,896 | ▲ 29.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet -€220,388
Net result drops to -€220,388, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €143,877 ▲143%
Operating result €144,400, net result €143,877, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brugge
Ground area
2,386 m²
Building footprint
2,182 m²
Volume, LiDAR
33,499 m³
Parcel 31802B1144/00M000, Flanders · tallest building 33.0 m, ±5 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31802B1144/00M000 | Flanders | 2,386 m² | 1 · 2,182 m² | 33.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Company details
Identification
Legal formNon-profit association
Founded19-12-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.