KRISTOF DESSEIN
Open bankruptcyA bankruptcy procedure is open for KRISTOF DESSEIN according to publications in the Belgian State Gazette; curator: Carmen MATTHIJS.
Summary
The 2021 annual accounts show negative equity (€-62k) and a net result of €11k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-62k▲ 15.3%
2020 · €-73k
2018: €-24k
2019: €-50k
2020: €-73k
2018 → 2021
Total assets
€194k▲ 2.4%
2020 · €189k
2018: €340k
2019: €226k
2020: €189k
2018 → 2021
Net result
€11k
2020 · €-23k
2018: €-23k
2019: €-26k
2020: €-23k
2018 → 2021
Working capital
€-93k▲ 16.5%
2020 · €-112k
2018: €-71k
2019: €-92k
2020: €-112k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-24k-€-50k▼ 110%€-73k▼ 45.7%€-62k▲ 15.3%
Operating result€-15k-€-19k▼ 26.9%€-16k▲ 17.9%€16k
Net result€-23k-€-26k▼ 12.7%€-23k▲ 12.6%€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €16k after a loss of €16k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €194k
Fixed assets
€155k ▼ 14.0%
Current assets
€38k ▲ 340%
Key figures and ratios
EBITDA
€28k▲
2020 · €13k
Cash flow
€23k▲
2020 · €6k
Solvency
-31.8%▲
2020 · -38.4%
Current ratio
0.29▲
2020 · 0.07
Debt to equity
-4.15▼
2020 · -1.95
ROA
5.7%▲
2020 · -12.0%
Interest coverage
5.67
Debt
€256k▼
2020 · €262k
Debt ≤ 1 year
€132k▲
2020 · €120k
Debt > 1 year
€124k▼
2020 · €142k
Income taxes
€0▼
2020 · €512
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 · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€189k€194k▲
Fixed assets21/28€181k€155k▼
Tangible fixed assets22/27€181k€155k▼
Land and buildings22-€155k
Furniture and vehicles24-€157
Current assets29/58€9k€38k▲
Amounts receivable within one year40/41€7k€37k▲
Trade receivables40-€37k
Other amounts receivable41-€455
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€189k€194k▲
Equity10/15€-73k€-62k▲
Contributions10/11-€19k
Reserves13€31k€31k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€29k
Profit (loss) carried forward14€-122k€-111k▲
Amounts payable17/49€262k€256k▼
Amounts payable after more than one year17€142k€124k▼
Financial debts170/4-€124k
Amounts payable within one year42/48€120k€132k▲
Current portion of amounts payable after more than one year42-€19k
Trade debts44€38k€48k▲
Suppliers440/4-€48k
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48-€57k
Income statement
Code20202021
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€12k▼
Other operating charges640/8-€2k
Gross operating margin9900€15k€30k▲
Operating profit (loss)9901€-16k€16k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€5k
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-22k€11k▲
Income taxes67/77€512€0▼
Profit (loss) for the period9904€-23k€11k▲
Profit (loss) for the period to be appropriated9905€-23k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-111k
Profit (loss) brought forward from the previous period14P-€-122k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · KRISTOF DESSEIN BV HOUT- KERKESTRAAT 7, 8978 POPERINGE · event 19-03-2024
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 95 days late
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 124 days late
2019
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
16-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 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
Registered office, Poperinge · 1 establishment unit since 2012
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.
Houtkerkestraat 78978 PoperingeGround area
9,230 m²
Building footprint
234 m²
Volume, LiDAR
822 m³
Parcel 33028A0185/00H000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Dairy Nutritions
since 20122.210.746.004
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33028A0185/00H000 | Flanders | 9,230 m² | 1 · 234 m² | 8.0 m · 1 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 | Carmen MATTHIJS OUDE IEPERSTRAAT 4,
8560 WEVELGEM |
19-03-2024 → present |
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Dentergem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46110Wholesale trade
46130Agents in the wholesale of timber and building materials
46140Agents in the wholesale of industrial machinery, ships and aircraft
46180Agents specialised in the wholesale of other particular products
49410Freight transport by road
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.