NICE WORK AGENCY
Open bankruptcyA bankruptcy procedure is open for NICE WORK AGENCY according to publications in the Belgian State Gazette; curator: MAIA GUTMANN LE PAIGE.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €14k and a net result of €-8k.
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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Equity
€14k▼ 36.4%
2020 · €22k
2019: €6k
2020: €22k
2019 → 2021
Total assets
€58k▲ 9.5%
2020 · €53k
2019: €29k
2020: €53k
2019 → 2021
Net result
€-8k
2020 · €17k
2019: €6k
2020: €17k
2019 → 2021
Working capital
€-14k
2020 · €7k
2019: €3k
2020: €7k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€6k-€22k▲ 279%€14k▼ 36.4%
Operating result€11k-€23k▲ 108%€-7k
Net result€6k-€17k▲ 179%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €7k after €23k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €58k
Fixed assets
€29k ▲ 84.0%
Current assets
€29k ▼ 21.4%
Equity and liabilities €58k
Equity
€14k ▼ 36.4%
Debt
€44k ▲ 43.3%
Debt's share of the balance-sheet total rises from 57.6% to 75.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▼
2020 · €27k
Cash flow
€5k▼
2020 · €21k
Current ratio
0.67▼
2020 · 1.23
Debt to equity
3.06
ROE
-57.3%▼
2020 · 73.6%
ROA
-14.1%▼
2020 · 31.2%
Interest coverage
4.83
Debt ≤ 1 year
€44k▲
2020 · €31k
Income taxes
€1k▼
2020 · €5k
Staff costs
€35k
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 · 39 lines
Balance sheet
Code20202021
Assets
Total assets20/58€53k€58k▲
Fixed assets21/28€16k€29k▲
Tangible fixed assets22/27€16k€28k▲
Furniture and vehicles24-€28k
Financial fixed assets28-€480
Current assets29/58€37k€29k▼
Amounts receivable within one year40/41€17k€22k▲
Trade receivables40-€15k
Other amounts receivable41-€6k
Cash at bank and in hand54/58€21k€7k▼
Deferred charges and accrued income490/1-€395
Equity and liabilities
Total equity and liabilities10/49€53k€58k▲
Equity10/15€22k€14k▼
Contributions10/11-€1
Profit (loss) carried forward14€22k€14k▼
Amounts payable17/49€31k€44k▲
Amounts payable within one year42/48€31k€44k▲
Trade debts44€1k-
Taxes, remuneration and social security45-€30k
Taxes450/3-€25k
Remuneration and social security454/9-€4k
Other amounts payable47/48-€14k
Income statement
Code20202021
Non-recurring operating income76A-€450
Remuneration, social security and pensions62-€35k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Other operating charges640/8-€785
Non-recurring operating charges66A-€333
Gross operating margin9900€27k€42k▲
Operating profit (loss)9901€23k€-7k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B-€1k
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€22k€-7k▼
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€17k€-8k▼
Profit (loss) for the period to be appropriated9905€17k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€14k
Profit (loss) brought forward from the previous period14P-€22k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-11
KBO administration
Address struck
Louizalaan 367 1050 Die Sitzadresse Avenue Louise / Louizalaan
Ixelles · event 11-08-2025
20-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SCOMM NICE WORK AGENCY AVENUE LOUISE 367, 1050 IXELLES · event 13-10-2025
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-8k ▼149%
Net result drops to €-8k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2019net €17k ▲179%
Operating result €23k, net result €17k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
1 establishment unit since 2018
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
266 m²
Building footprint
265 m²
Volume, LiDAR
3,746 m³
Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NICE WORK AGENCY
since 20182.281.009.438
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 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 | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 ETTERBEEK |
13-10-2025 → present |
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Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 2,352 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 formLimited partnership
Founded24-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.