Checked.be
Active
BE 0874.153.112Private limited company (pre-2019)Open bankruptcy
LEFT BANK BEACH
Beukenlaan 12 ·2020 Antwerpen, Belgium· 21 yrs active
Sector: Bemiddelingsactiviteiten in verband met zakelijke dienstverlening, neg
(82400)
Conclusion
A bankruptcy procedure is open for LEFT BANK BEACH according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-262k) and a net result of €-1.13M.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-262k |
| Net result | €-1.13M |
| Staff (FTE) | 6 |
| Active | 21 yrs |
Financial profile
33
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
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
50 / 100
High riskRegister: open bankruptcyThis 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
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 Flags
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
0
/ 100
Critical
Computed from 4 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 2019 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-08-2020 with the NBB · fiscal year 2019 · verkort
€-417k
-
18-19
€-1.13M
-91.5%
18-19
€-1.01M
-104.1%
18-19
€576k
-38.3%
18-19
€-262k
-
18-19
€-348k
-369.3%
18-19
6
+62.2%
18-19
€18
-
18-19
Show 9 other metrics
€838k
+28.1%
18-19
€659k
+24.3%
18-19
€148k
+78.5%
18-19
0.47
-45.1%
18-19
0.42
-47.2%
18-19
-45.5%
-
18-19
-0.57
-
18-19
432.4%
-
18-19
-196.6%
-210.3%
18-19
Figures by fiscal year
| Fiscal year | 2019 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-417k |
| Net profit | €-1.13M |
| Cash flow | €-1.01M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €576k |
| Equity | €-262k |
| Debt | €838k |
| of which ≤ 1y | €659k |
| of which > 1y | €148k |
| Working capital | €-348k |
| Employees (FTE) | 6.0 |
Ratios (computed)
| 2019 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.42 |
| Working capital ratio | -60.4% |
| Solvency | -45.5% |
| Debt / equity | -0.57 |
| Long-term debt ratio | -0.57 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -196.6% |
| ROE | 432.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2019
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €576k |
| Fixed assets | 21/28 | €264k |
| Tangible fixed assets | 22/27 | €264k |
| Financial fixed assets | 28 | €62 |
| Current assets | 29/58 | €312k |
| Stocks & contracts in progress | 3 | €36k |
| Amounts receivable within one year | 40/41 | €206k |
| Cash & bank | 54/58 | €42k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €576k |
| Equity | 10/15 | €-262k |
| Contributions / capital | 10/11 | €332k |
| Reserves | 13 | €538k |
| Accumulated profits (losses) | 14 | €-1.13M |
| Amounts payable | 17/49 | €838k |
| Amounts payable after one year | 17 | €148k |
| Amounts payable within one year | 42/48 | €659k |
| Trade debts payable within one year | 44 | €215k |
| Income statement | ||
| Gross operating margin | 9900 | €168k |
| Operating result | 9901 | €-541k |
| Financial income | 75 | €66 |
| Financial charges | 65 | €627 |
| Result before taxes | 9903 | €-541k |
| Net result for the period | 9904 | €-541k |
| Result to be appropriated | 9905 | €-541k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | STéPHANE VAN MOORLEGHEM MECHELSE-
STEENWEG 271/8.1, 2018 ANTWERPEN 1 |
04-08-2020 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Bemiddelingsactiviteiten in verband met zakelijke dienstverlening, neg(82400) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 31-05-2005 |
| Status | Active |
| Postal code | 2020 |
| First BS signal | 11-08-2020 |
| Latest BS signal | 11-08-2020 |
Establishment units
STRANTWERPEN - CLUB CABANE
since 20052.147.279.595
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11812M0125/00A000 | Flanders | 1.0 ha | - | - |
| 11813N0756/02_000 | Flanders | 3,666 m² | 1 · 310 m² | 18.1 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2020
27-08-2020
NBB filing
Annual accounts filed
11-08-2020
Bankruptcy
Opening
2019
09-08-2019
NBB filing
Annual accounts filed
2018
20-08-2018
NBB filing
Annual accounts filed
2017
06-07-2017
NBB filing
Annual accounts filed
2016
29-08-2016
NBB filing
Annual accounts filed
2015
07-10-2015
NBB filing
Annual accounts filed
2014
30-04-2014
NBB filing
Annual accounts filed
18-02-2014
NBB filing
Annual accounts filed
2012
07-06-2012
NBB filing
Annual accounts filed
2011
29-04-2011
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
11-08-2020
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Overige reserveringsactiviteiten79909Bemiddelingsactiviteiten in verband met zakelijke dienstverlening, neg82400
Primary activity highlighted.
Names & trade names
| Legal nameNL | LEFT BANK BEACH |
Registered office
Beukenlaan 12
2020 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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