Active BE 0423.894.651Private limited companyOpen bankruptcy

Keysers Koeltechniek

Antwerpsesteenweg 373 ·2390 Malle, Belgium· 43 yrs active

Sector: Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit (43222)

Conclusion Checked

A bankruptcy procedure is open for Keysers Koeltechniek according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €790k and a net result of €17k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€790k
Net result	€17k
Staff (FTE)	13.9
Better than sector	70%

Financial profile 5 of 5 axes measured · computed by Checked

34 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 19

Profitability 11

Solvency 90

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

19 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 20-07-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	48.5%	30.2%	better than 70% of 760 sector peers
Net result	€17k	€30k	better than 40% of 758 sector peers
Equity	€790k	€134k	better than 90% of 760 sector peers
Gross operating margin	€1.22M	€198k	better than 92% of 759 sector peers
Staff costs	€1.12M	€197k	higher than 93% of 512 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€95k

-25.6% 18-22

Net profit

€17k

-71.3% 18-22

Cash flow

€85k

-24.3% 18-22

Total assets

€1.63M

+6.7% 18-22

Equity

€790k

+2.2% 18-22

Working capital

€657k

+6.2% 18-22

Employees (FTE)

14

+11.2% 18-22

Staff costs

€1.12M

+17.1% 18-22

Show 12 other metrics

Income taxes

€8k

-52.1% 18-22

Dividends

€120k

+20.0% 18-22

Debt

€839k

+11.4% 18-22

Debt ≤ 1y

€796k

+17.2% 18-22

Debt > 1y

€42k

-42.8% 18-22

Current ratio

1.83

-4.4% 18-22

Quick ratio

1.07

+1.3% 18-22

Solvency

48.5%

-4.2% 18-22

Debt / equity

1.06

+9.0% 18-22

ROE

2.2%

-71.9% 18-22

ROA

1.1%

-73.1% 18-22

Interest coverage

8.84

-67.0% 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	-
EBITDA	€95k
Net profit	€17k
Cash flow	€85k
Staff costs	€1.12M
Income taxes	€8k
Dividends	-
Total assets	€1.63M
Equity	€790k
Debt	€839k
of which ≤ 1y	€796k
of which > 1y	€42k
Working capital	€657k
Employees (FTE)	13.9

Ratios (computed)

	2022
Current ratio	1.83
Quick ratio	1.07
Working capital ratio	40.3%
Solvency	48.5%
Debt / equity	1.06
Long-term debt ratio	0.05
Interest coverage	8.84
Gross margin	-
Net margin	-
ROA	1.1%
ROE	2.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €176k · 10.8% Current assets €1.45M · 89.2%

Equity & liabilities

Equity €790k · 48.5% Debt €839k · 51.5%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.63M
Fixed assets	21/28	€176k
Tangible fixed assets	22/27	€176k
Current assets	29/58	€1.45M
Stocks & contracts in progress	3	€605k
Amounts receivable within one year	40/41	€377k
Cash & bank	54/58	€444k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.63M
Equity	10/15	€790k
Contributions / capital	10/11	€20k
Reserves	13	€42k
Accumulated profits (losses)	14	€729k
Amounts payable	17/49	€839k
Amounts payable after one year	17	€42k
Amounts payable within one year	42/48	€796k
Trade debts payable within one year	44	€236k
Income statement
Gross operating margin	9900	€1.22M
Operating result	9901	€27k
Financial income	75	€8k
Financial charges	65	€11k
Result before taxes	9903	€25k
Income taxes	67/77	€8k
Net result for the period	9904	€17k
Result to be appropriated	9905	€17k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	CHRISTIAAN HENDRICKX CUYLITSSTRAAT 48, 2018 ANTWERPEN 1	28-11-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit(43222)
Legal form	Private limited company(610)
Incorporation	14-01-1983
Status	Active
Postal code	2390
First BS signal	05-12-2023
Latest BS signal	05-12-2023

Establishment units 1 location

Antwerpsesteenweg 373, 2390 Malle

Vervaardiging van uitrusting voor de koeltechniek en klimaatregeling, voor niet-huishoudelijk gebruik

since 19832.127.128.539

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11049B0429/00E000	Flanders	2,159 m²	1 · 611 m²	11.1 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

05-12-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KEYSERS KOELTECHNIEK BV ANTWERPSESTEENWEG 373, 2390 MALLE · event 28-11-2023

20-07-2023