KURT
Bankruptcy closedInactive since 14-04-2026; last annual accounts for fiscal year 2020.
Summary
KURT was declared bankrupt on 28-03-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 24-09-2024, published in the Belgian State Gazette on 01-10-2024.
Signals
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 30-09-2020 was due by 30-04-2021 and was filed on 07-07-2021, 68 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 · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
68 d late
2019
271 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28k
2019 · €-26k
2018: €-198k
2019: €-26k
2018 → 2020
Working capital
€57k▲ 109%
2019 · €27k
2018: €18k
2019: €27k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€196k-€182k▼ 6.8%€210k▲ 15.3%
Operating result€406-€-25k€30k
Net result€-198k-€-26k▲ 87.0%€28k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €30k after a loss of €25k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €482k
Fixed assets
€153k ▼ 1.2%
Current assets
€329k ▲ 28.0%
Equity and liabilities €482k
Equity
€210k ▲ 15.3%
Debt
€272k ▲ 18.4%
Debt's share of the balance-sheet total rises from 55.7% to 56.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2019 · €-1k
Cash flow
€36k▲
2019 · €-2k
Current ratio
1.21▲
2019 · 1.12
ROE
13.3%▲
2019 · -14.2%
ROA
5.8%▲
2019 · -6.3%
Debt ≤ 1 year
€272k▲
2019 · €229k
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 · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€412k€482k▲
Fixed assets21/28€155k€153k▼
Tangible fixed assets22/27€111k€109k▼
Financial fixed assets28€44k€44k=
Current assets29/58€257k€329k▲
Amounts receivable within one year40/41€251k€324k▲
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€412k€482k▲
Equity10/15€182k€210k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€162k€190k▲
Amounts payable17/49€229k€272k▲
Amounts payable within one year42/48€229k€272k▲
Trade debts44€15k€2k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€8k▼
Gross operating margin9900€213k€268k▲
Operating profit (loss)9901€-25k€30k▲
Recurring financial charges65€856€2k▲
Profit (loss) for the period before taxes9903€-26k€28k▲
Profit (loss) for the period9904€-26k€28k▲
Profit (loss) for the period to be appropriated9905€-26k€28k▲
Timeline · acts, filings and financial milestones
2024
01-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · KURT SRL RUE DU CHOEUR 33, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 28 mars 2022 · event 24-09-2024
2022
04-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · KURT SRL RUE DU CHOEUR 33, 1080 MOLENBEEK-SAINT-JEAN · event 28-03-2022
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 68 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 271 days late
2020
30-09
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
30-09
Financial
Equity above €200kEq €210k ▲15.3%
Equity rises from €182k to €210k.
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 144 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 410 days late
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 32 days late
2015
03-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 64 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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.
Ground area
68 m²
Building footprint
69 m²
Volume, LiDAR
967 m³
Parcel 21012A0209/00V004, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0209/00V004 | Brussels | 68 m² | 1 · 69 m² | 16.4 m · 5 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 | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
28-03-2022 → 24-09-2024 |
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2013
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.