KSR CONCEPT
InactiveKSR CONCEPT was declared bankrupt on 20-06-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 16-04-2024, published in the Belgian State Gazette on 24-04-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-08-2022, 8 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
8 d late
2020
67 d late
2019
103 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-31k▲ 55.3%
2020 · €-70k
2018: €-65k
2019: €-65k
2020: €-70k
2018 → 2021
Total assets
€56k▲ 137%
2020 · €24k
2018: €10k
2019: €64k
2020: €24k
2018 → 2021
Net result
€38k
2020 · €-4k
2018: €-43k
2019: €-114
2020: €-4k
2018 → 2021
Working capital
€-58k▲ 20.1%
2020 · €-73k
2018: €-65k
2019: €-69k
2020: €-73k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-65k-€-65k▼ 0.2%€-70k▼ 6.3%€-31k▲ 55.3%
Operating result€-36k-€138€-3k€40k
Net result€-43k-€-114▲ 99.7%€-4k▼ 3,527%€38k
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: €40k after a loss of €3k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €56k
Fixed assets
€27k▲ 805%
Current assets
€29k▲ 41.5%
Key figures and ratios
EBITDA
€44k▲
2020 · €-2k
Cash flow
€43k▲
2020 · €-3k
Solvency
-55.1%▲
2020 · -292.2%
Current ratio
0.34▲
2020 · 0.22
Quick ratio
0.34▲
2020 · 0.22
Debt / equity
-2.81
ROA
68.3%▲
2020 · -17.4%
Interest coverage
32.24
Debt
€87k▼
2020 · €93k
Debt ≤ 1 year
€87k▼
2020 · €93k
Staff costs
€72k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€24k€56k▲
Fixed assets21/28€3k€27k▲
Tangible fixed assets22/27€3k€27k▲
Plant, machinery and equipment23-€200
Furniture and vehicles24-€3k
Leasing and similar rights25-€9k
Other tangible fixed assets26-€15k
Current assets29/58€21k€29k▲
Amounts receivable within one year40/41€3k€16k▲
Trade receivables40-€1k
Other amounts receivable41-€14k
Current investments50/53-€5k
Cash at bank and in hand54/58€18k€8k▼
Deferred charges and accrued income490/1-€254
Equity and liabilities
Total equity and liabilities10/49€24k€56k▲
Equity10/15€-70k€-31k▲
Contributions10/11-€19k
Profit (loss) carried forward14€-88k€-50k▲
Amounts payable17/49€93k€87k▼
Amounts payable within one year42/48€93k€87k▼
Trade debts44€29k€28k▼
Suppliers440/4-€28k
Taxes, remuneration and social security45-€60k
Taxes450/3-€12k
Remuneration and social security454/9-€47k
Income statement
Code20202021
Remuneration, social security and pensions62-€72k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8-€6k
Gross operating margin9900€51k€122k▲
Operating profit (loss)9901€-3k€40k▲
Financial income75/76B-€35
Recurring financial income75-€35
Financial charges65/66B-€1k
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-4k€38k▲
Profit (loss) for the period9904€-4k€38k▲
Profit (loss) for the period to be appropriated9905€-4k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-50k
Profit (loss) brought forward from the previous period14P-€-88k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-04
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · KSR CONCEPT SPRL RUE BEECKMAN 53, 1180 UCCLE. déclarée le 20 juin 2022 · event 16-04-2024
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
28-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · KSR CONCEPT SPRL RUE BEECKMAN 53, 1180 UCCLE · event 20-06-2022
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after 3 loss-making years.
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 65 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 BRUXELLES 5 |
20-06-2022 → present |