KYSTALY
Open bankruptcyA bankruptcy procedure is open for KYSTALY according to publications in the Belgian State Gazette; curator: MANUELA CLAROS CORDOVA. The 2021 annual accounts show negative equity (€-23k) and a net result of €12k.
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 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
31 d late
2019
158 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-23k▲ 33.8%
2020 · €-34k
2018: €-32k
2019: €560
2020: €-34k
2018 → 2021
Total assets
€125k▲ 7.1%
2020 · €117k
2018: €109k
2019: €144k
2020: €117k
2018 → 2021
Net result
€12k
2020 · €-35k
2018: €-21k
2019: €32k
2020: €-35k
2018 → 2021
Working capital
€-25k▲ 60.0%
2020 · €-64k
2018: €-59k
2019: €-32k
2020: €-64k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-32k-€560€-34k€-23k▲ 33.8%
Operating result€-13k-€41k€-29k€19k
Net result€-21k-€32k€-35k€12k
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: €19k after a loss of €29k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €125k
Fixed assets
€25k▼ 12.7%
Current assets
€100k▲ 13.8%
Key figures and ratios
EBITDA
€25k▲
2020 · €-23k
Cash flow
€18k▲
2020 · €-29k
Solvency
-18.2%▲
2020 · -29.5%
Current ratio
0.80▲
2020 · 0.58
Quick ratio
0.27▲
2020 · 0.24
Debt / equity
-6.49
ROE
-51.1%▼
2020 · 101.6%
ROA
9.3%▲
2020 · -29.9%
Interest coverage
3.35
Debt
€148k▼
2020 · €151k
Debt ≤ 1 year
€125k▼
2020 · €151k
Debt > 1 year
€23k
Staff costs
€22k
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€117k€125k▲
Formation expenses20€150-
Fixed assets21/28€29k€25k▼
Intangible fixed assets21€25k€20k▼
Tangible fixed assets22/27€4k€5k▲
Plant, machinery and equipment23-€5k
Financial fixed assets28€216€216=
Current assets29/58€88k€100k▲
Stocks and contracts in progress3€51k€66k▲
Stocks30/36-€66k
Amounts receivable within one year40/41€16k€16k▼
Trade receivables40-€16k
Cash at bank and in hand54/58€20k€18k▼
Deferred charges and accrued income490/1-€385
Equity and liabilities
Total equity and liabilities10/49€117k€125k▲
Equity10/15€-34k€-23k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€55€55=
Non-distributable reserves130/1-€55
Legal reserve130-€55
Profit (loss) carried forward14€-53k€-41k▲
Amounts payable17/49€151k€148k▼
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€151k€125k▼
Financial debts43-€32k
Credit institutions430/8-€17k
Other loans439-€15k
Trade debts44€36k€37k▲
Suppliers440/4-€37k
Taxes, remuneration and social security45-€49k
Taxes450/3-€46k
Remuneration and social security454/9-€3k
Other amounts payable47/48-€8k
Income statement
Code20202021
Remuneration, social security and pensions62-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8-€447
Non-recurring operating charges66A-€2k
Gross operating margin9900€-12k€49k▲
Operating profit (loss)9901€-29k€19k▲
Financial income75/76B-€0
Recurring financial income75€2€0▼
Financial charges65/66B-€8k
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-35k€12k▲
Profit (loss) for the period9904€-35k€12k▲
Profit (loss) for the period to be appropriated9905€-35k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-41k
Profit (loss) brought forward from the previous period14P-€-53k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
25-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · KYSTALY SRL RUE HAUTE(VIS) 28, 4600 VISE · event 21-11-2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-35k ▼208%
Net result drops to €-35k, the lowest in the series.
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 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, Visé · 1 establishment unit since 2016
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.
Rue Haute(VIS) 284600 ViséGround area
136 m²
Building footprint
57 m²
Volume, LiDAR
594 m³
Parcel 62108C0195/00P000, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NULLE PART AILLEURS
since 20162.249.115.937
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62108C0195/00P000 | Wallonia | 136 m² | 1 · 57 m² | 12.5 m · 4 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 | MANUELA CLAROS CORDOVA PLACE GEORGES
ISTA 28, 4030 GRIVEGNEE (LIEGE) |
21-11-2022 → present |
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Of 6,459 companies in sector 47716 we hold annual accounts for 2,424. 192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-12-2015
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.