KEROZO
Open bankruptcyA bankruptcy procedure is open for KEROZO according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2022 annual accounts show equity of €143k and a net result of €13k.
Signals
Four 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 31-12-2022 was due by 31-07-2023 and was filed on 21-08-2023, 21 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
21 d late
2021
27 d late
2020
25 d late
2019
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€143k▲ 9.9%
2021 · €130k
2018: €32k
2019: €29k
2020: €110k
2021: €130k
2018 → 2022
Total assets
€241k▼ 13.5%
2021 · €279k
2018: €115k
2019: €101k
2020: €173k
2021: €279k
2018 → 2022
Net result
€13k▼ 37.6%
2021 · €21k
2018: €12k
2019: €-3k
2020: €81k
2021: €21k
2018 → 2022
Working capital
€113k▲ 12.6%
2021 · €100k
2018: €27k
2019: €26k
2020: €106k
2021: €100k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€32k-€29k▼ 9.6%€110k▲ 282%€130k▲ 18.9%€143k▲ 9.9%
Operating result€20k-€2k▼ 90.0%€110k▲ 5,432%€28k▼ 74.7%€26k▼ 8.3%
Net result€12k-€-3k€81k€21k▼ 74.4%€13k▼ 37.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 8% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €241k
Fixed assets
€61k▼ 15.6%
Current assets
€180k▼ 12.8%
Equity and liabilities €241k
Equity
€143k▲ 9.9%
Debt
€98k▼ 34.2%
The debt ratio falls from 53.2% to 40.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2021 · €36k
Cash flow
€24k▼
2021 · €29k
Solvency
59.5%▲
2021 · 46.8%
Current ratio
2.67▲
2021 · 1.94
Quick ratio
2.54▲
2021 · 1.59
Debt / equity
0.68▼
2021 · 1.14
ROE
9.0%▼
2021 · 15.9%
ROA
5.4%▼
2021 · 7.4%
Interest coverage
5.10▼
2021 · 8.47
Debt
€98k▼
2021 · €148k
Debt ≤ 1 year
€67k▼
2021 · €106k
Debt > 1 year
€30k▼
2021 · €42k
Income taxes
€5k▲
2021 · €4k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€279k€241k▼
Fixed assets21/28€72k€61k▼
Tangible fixed assets22/27€72k€61k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€5k€3k▼
Leasing and similar rights25€63k€55k▼
Current assets29/58€206k€180k▼
Stocks and contracts in progress3€37k€9k▼
Stocks30/36€5k€5k=
Contracts in progress37€32k€4k▼
Amounts receivable within one year40/41€159k€171k▲
Trade receivables40€72k€76k▲
Other amounts receivable41€86k€94k▲
Cash at bank and in hand54/58€11k€11▼
Equity and liabilities
Total equity and liabilities10/49€279k€241k▼
Equity10/15€130k€143k▲
Contributions10/11€19k€19k=
Reserves13€112k€125k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€110k€123k▲
Amounts payable17/49€148k€98k▼
Amounts payable after more than one year17€42k€30k▼
Financial debts170/4€42k€30k▼
Amounts payable within one year42/48€106k€67k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Financial debts43€26k€14k▼
Credit institutions430/8€26k€14k▼
Trade debts44€29k€27k▼
Suppliers440/4€29k€27k▼
Taxes, remuneration and social security45€40k€15k▼
Taxes450/3€40k€15k▼
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€11k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€39k€41k▲
Operating profit (loss)9901€28k€26k▼
Financial income75/76B€831-
Recurring financial income75€831-
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€24k€18k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€21k€13k▼
Profit (loss) for the period to be appropriated9905€21k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€13k▼
Transfer to equity691/2€21k€13k▼
To other reserves6921€21k€13k▼
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
19-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · KEROZO BVBA GLABBEEK- STRAAT 148, 3450 GEETBETS · event 13-03-2025
28-01
Interim measure
Provisional administrator
Ondernemingsrechtbank Leuven
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 27 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Back to profitnet €81k
Net result €81k after one loss-making year.
31-12
Financial
Equity above €100kEq €110k ▲282%
Equity rises from €29k to €110k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼124%
Net result drops to €-3k, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Geetbets · 1 establishment unit since 2011
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.
Glabbeekstraat 1483450 GeetbetsGround area
1,284 m²
Building footprint
180 m²
Volume, LiDAR
948 m³
Parcel 24028E0472/00S000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KEROZO
since 20112.203.526.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028E0472/00S000 | Flanders | 1,284 m² | 1 · 180 m² | 8.6 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS HERSELTSE-
STEENWEG 5, 3200 AARSCHOT |
13-03-2025 → present |
| Curator | GUNTHER
PEETERS HERSELTSESTEENWEG 5, 3200 AARSCHOT- |
13-03-2025 → present |
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-09-2011
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.