NSABel
Open bankruptcyA bankruptcy procedure is open for NSABel according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-51k) and a net result of €-50k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2019, full schema
Turnover
€2k
EBIT margin
-1111.4%
Net result
€-50k▼ 144%
2018 · €-20k
2018: €-20k
2018 → 2019
Working capital
€-117k▼ 154%
2018 · €-46k
2018: €-46k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€2k-
Equity€-2k-€-51k▼ 2,838%
Operating result€-20k-€-50k▼ 144%
Net result€-20k-€-50k▼ 144%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2019 against €20k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €73k
Fixed assets
€66k▲ 48.5%
Current assets
€7k▼ 33.5%
Key figures and ratios
EBITDA
€-42k
Cash flow
€-42k
Solvency
-70.4%▼
2018 · -3.2%
Current ratio
0.06▼
2018 · 0.19
Quick ratio
0.04▼
2018 · 0.19
ROE
96.6%
ROA
-68.0%▼
2018 · -37.0%
Debt
€124k▲
2018 · €57k
Debt ≤ 1 year
€124k▲
2018 · €57k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€55k€73k▲
Fixed assets21/28€44k€66k▲
Intangible fixed assets21€25k€22k▼
Tangible fixed assets22/27€12k€36k▲
Financial fixed assets28€7k€7k=
Current assets29/58€11k€7k▼
Stocks and contracts in progress3-€2k
Amounts receivable within one year40/41€6k€5k▼
Cash at bank and in hand54/58€3k€442▼
Equity and liabilities
Total equity and liabilities10/49€55k€73k▲
Equity10/15€-2k€-51k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-20k€-70k▼
Amounts payable17/49€57k€124k▲
Amounts payable within one year42/48€57k€124k▲
Trade debts44€3k€59k▲
Income statement
Code20182019
Turnover70€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8k
Gross operating margin9900€-19k€458▲
Operating profit (loss)9901€-20k€-50k▼
Recurring financial income75-€2
Recurring financial charges65€22€117▲
Profit (loss) for the period before taxes9903€-20k€-50k▼
Profit (loss) for the period9904€-20k€-50k▼
Profit (loss) for the period to be appropriated9905€-20k€-50k▼
Timeline · acts, filings and financial milestones
2023
17-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · NSABEL SRL BOULEVARD DE LA SAUVENIERE 151/1, 4000 LIEGE 1 · event 11-04-2023
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 110 days late
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 152 days late
SignalNBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2021
Resigned as Director
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
8,222 m²
Building footprint
2,537 m²
Volume, LiDAR
18,552 m³
2 parcels, Brussels, Wallonia · tallest building 26.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PAM PAM
since 20182.282.410.394
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0090/00P000 | Brussels | 8,062 m² | 1 · 2,460 m² | 10.1 m · 2 fl. |
| 62803A1215/00L000 | Wallonia | 160 m² | 1 · 77 m² | 26.9 m · 6 fl. |
Linked by address, not proof of ownership
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | LAURENT WINKIN RUE DES AUGUSTINS 32,
4000 LIEGE 1 |
11-04-2023 → present |
| Curator | EDOUARD FRANCK RUE DES AUGUSTINS 32, 4000 LIEGE 1- edouard.franck@henry-
mersch.be |
11-04-2023 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-07-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.