P.C. BOSCHMANS
BankruptcyThe KBO register records for P.C. BOSCHMANS the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €1.04M and a net result of €-1.79M.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2022 and 2023); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2023Net result per financial year
181920212223
2018 to 2023 · latest year -€1.8M
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 212 sector peers (2023).
NBB · sector comparisonPosition among 212 sector peers
Solvency
better than 19%
← weakest
strongest →
Financials · fiscal year 2023, abbreviated schema
Equity
€1.04M▼ 63.3%
2022 · €2.83M
2018: €3.10M
2019: €3.54M
2020: €3.70M
2021: €3.54M
2022: €2.83M
2018 → 2023
Total assets
€7.21M▼ 22.2%
2022 · €9.26M
2018: €7.06M
2019: €8.37M
2020: €9.22M
2021: €9.14M
2022: €9.26M
2018 → 2023
Net result
€-1.79M▼ 154%
2022 · €-706k
2018: €-350k
2019: €522k
2020: €161k
2021: €-162k
2022: €-706k
2018 → 2023
Working capital
€-876k
2022 · €928k
2018: €1.16M
2019: €1.77M
2020: €1.89M
2021: €1.67M
2022: €928k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€3.54M-€3.70M▲ 4.5%€3.54M▼ 4.4%€2.83M▼ 19.9%€1.04M▼ 63.3%
Operating result€701k-€192k▼ 72.7%€-101k€-652k▼ 543%€-1.69M▼ 159%
Net result€522k-€161k▼ 69.3%€-162k€-706k▼ 335%€-1.79M▼ 154%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.69M in 2023 against €652k in 2022; the loss grows and 2023 is the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7.21M
Fixed assets
€3.67M▼ 7.8%
Current assets
€3.54M▼ 32.9%
Equity and liabilities €7.21M
Equity
€1.04M▼ 63.3%
Provisions
€337k▼ 9.0%
Debt
€5.83M▼ 3.7%
The debt ratio rises from 65.4% to 80.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-1.38M▼
2022 · €-331k
Cash flow
€-1.48M▼
2022 · €-384k
Solvency
14.4%▼
2022 · 30.6%
Current ratio
0.80▼
2022 · 1.21
Quick ratio
0.06▼
2022 · 0.21
Debt / equity
5.61▲
2022 · 2.14
ROE
-172.3%▼
2022 · -24.9%
ROA
-24.9%▼
2022 · -7.6%
Interest coverage
-9.92▼
2022 · -3.52
Debt
€5.83M▼
2022 · €6.06M
Debt ≤ 1 year
€4.42M▲
2022 · €4.35M
Debt > 1 year
€1.41M▼
2022 · €1.69M
Income taxes
€612▼
2022 · €1k
Staff costs
€982k▼
2022 · €1.44M
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€9.26M€7.21M▼
Fixed assets21/28€3.98M€3.67M▼
Intangible fixed assets21€59k€33k▼
Tangible fixed assets22/27€3.92M€3.64M▼
Land and buildings22€940k€934k▼
Plant, machinery and equipment23€205k€187k▼
Furniture and vehicles24€123k€66k▼
Leasing and similar rights25€2.66M€2.45M▼
Current assets29/58€5.28M€3.54M▼
Stocks and contracts in progress3€4.37M€3.27M▼
Stocks30/36€4.37M€3.27M▼
Amounts receivable within one year40/41€829k€208k▼
Trade receivables40€829k€202k▼
Other amounts receivable41-€6k
Current investments50/53€2€2▼
Cash at bank and in hand54/58€54k€55k▲
Deferred charges and accrued income490/1€26k€5k▼
Equity and liabilities
Total equity and liabilities10/49€9.26M€7.21M▼
Equity10/15€2.83M€1.04M▼
Contributions10/11€2.00M€2.00M=
Capital10€2.00M€2.00M=
Issued capital100€2.00M€2.00M=
Reserves13€1.17M€1.07M▼
Non-distributable reserves130/1€63k€63k=
Legal reserve130€63k€63k=
Tax-exempt reserves132€1.11M€1.01M▼
Profit (loss) carried forward14€-339k€-2.03M▼
Provisions and deferred taxes16€370k€337k▼
Deferred taxes168€370k€337k▼
Amounts payable17/49€6.06M€5.83M▼
Amounts payable after more than one year17€1.69M€1.41M▼
Financial debts170/4€1.69M€1.41M▼
Amounts payable within one year42/48€4.35M€4.42M▲
Current portion of amounts payable after more than one year42€261k€264k▲
Financial debts43€2.13M€1.86M▼
Credit institutions430/8€2.13M€1.86M▼
Trade debts44€1.61M€1.30M▼
Suppliers440/4€1.61M€1.30M▼
Taxes, remuneration and social security45€346k€760k▲
Taxes450/3€60k€194k▲
Remuneration and social security454/9€285k€565k▲
Other amounts payable47/48-€235k
Accrued charges and deferred income492/3€18k€7k▼
Income statement
Code20222023
Non-recurring operating income76A€0€2k▲
Remuneration, social security and pensions62€1.44M€982k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€321k€311k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-858€350k▲
Other operating charges640/8€36k€39k▲
Non-recurring operating charges66A€599€7k▲
Gross operating margin9900€1.14M€-993▼
Operating profit (loss)9901€-652k€-1.69M▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€94k€139k▲
Recurring financial charges65€94k€139k▲
Profit (loss) for the period before taxes9903€-739k€-1.83M▼
Transfer from deferred taxes780€35k€33k▼
Income taxes67/77€1k€612▼
Profit (loss) for the period9904€-706k€-1.79M▼
Transfer from tax-exempt reserves789€104k€99k▼
Profit (loss) for the period to be appropriated9905€-602k€-1.69M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-339k€-2.03M▼
Profit (loss) brought forward from the previous period14P€263k€-339k▼
Social balance
Average headcount (FTE)908726.418.6▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
Judicial reorganisation
Transfer under judicial authority
Ondernemingsrechtbank Antwerpen · transfert_judiciaire · event 21-08-2025
28-08
Judicial reorganisation
Transfer under judicial authority
Ondernemingsrechtbank Antwerpen · transfert_judiciaire · event 21-08-2025
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 142 days late
18-06
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · 20230053 · event 12-06-2024
2023
31-12
Financial
Weakest financial yearnet €-1.79M
Net result drops to €-1.79M, the lowest in the series.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Back to profitnet €522k
Net result €522k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 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
Registered office, Schoten · 1 establishment unit since 2019
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.
Brechtsebaan 9132900 SchotenGround area
2,117 m²
Parcel 11040A0114/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
Brechtsebaan 913, 2900 Schoten
since 20192.292.619.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040A0114/00Z000 | Flanders | 2,116 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 3,774 EUR awarded · 3,774 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 3,774 EUR | 3,774 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,524 companies in sector 32123 we hold annual accounts for 225. 93 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-12-1951
Fiscal year end31-12
Activities, NACEBEL
32123Manufacture of jewellery
36223
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Agenda
- Verslag raad van bestuur - Goedkeuring van de jaarrekening - Bestemming resultaat - Kwijting bestuur - Verkiezing nieuw bestuur - Aanpassing statuten - Allerlei. (AOPC-1-8-05215/20.05)