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PROMO-CHESS

Open bankruptcy
Private limited company (pre-2019)founded 1987Keltenlaan 20, 1040 Etterbeek, BelgiumKBO/BCE: BE 0432.160.833

A bankruptcy procedure is open for PROMO-CHESS according to publications in the Belgian State Gazette; curator: CHRISTOPHE BOURTEMBOURG.

Summary

The 2022 annual accounts show equity of €34k and a net result of €-26k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-26k▼ 220%
2021 · €-8k
2018: €-411 2019: €-11k 2020: €-11k 2021: €-8k
2018 → 2022
Working capital
€33k▼ 43.9%
2021 · €60k
2018: €90k 2019: €79k 2020: €68k 2021: €60k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€90k-€79k▼ 12.3%€68k▼ 13.8%€60k▼ 12.0%€34k▼ 43.8%
Operating result€-415-€-11k▼ 2,529%€-11k▲ 1.5%€-8k▲ 25.2%€-26k▼ 225%
Net result€-411-€-11k▼ 2,571%€-11k▲ 1.6%€-8k▲ 24.5%€-26k▼ 220%
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2018: €-415€-415Net result 2018: €-411€-411Operating result 2019: €-11k€-11kNet result 2019: €-11k€-11kOperating result 2020: €-11k€-11kNet result 2020: €-11k€-11kOperating result 2021: €-8k€-8kNet result 2021: €-8k€-8kOperating result 2022: €-26k€-26kNet result 2022: €-26k€-26k20182019202020212022€-30k€-20k€-10k€0Operating result 2020: €-11k€-11kNet result 2020: €-11k€-11kOperating result 2021: €-8k€-8kNet result 2021: €-8k€-8.2kOperating result 2022: €-26k€-26kNet result 2022: €-26k€-26k202020212022
The operating result stays negative: a loss of €26k in 2022 against €8k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €133k
Fixed assets €95 =
Current assets €133k ▼ 7.0%
Equity and liabilities €133k
Equity €34k ▼ 43.8%
Debt €100k ▲ 19.3%
Debt's share of the balance-sheet total rises from 58.4% to 74.9%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
Current ratio
1.33
2021 · 1.71
Debt to equity
2.98
2021 · 1.40
ROE
-78.0%
2021 · -13.7%
ROA
-19.6%
2021 · -5.7%
Debt ≤ 1 year
€100k
2021 · €84k
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 · 2022 against 2021 · 39 lines
Balance sheet Code20212022
Assets
Total assets20/58€143k€133k
Fixed assets21/28€95€95=
Financial fixed assets28€95€95=
Current assets29/58€143k€133k
Amounts receivable after more than one year29-€122k
Other amounts receivable291-€122k
Amounts receivable within one year40/41€133k€2k
Trade receivables40€2k€2k=
Other amounts receivable41€132k-
Cash at bank and in hand54/58€10k€10k=
Equity and liabilities
Total equity and liabilities10/49€143k€133k
Equity10/15€60k€34k
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€39k€13k
Amounts payable17/49€84k€100k
Amounts payable within one year42/48€84k€100k
Trade debts44€5k€2k
Suppliers440/4€5k€2k
Taxes, remuneration and social security45€247€247=
Taxes450/3€247€247=
Other amounts payable47/48€78k€98k
Income statement Code20212022
Gross operating margin9900€-8k€-26k
Operating profit (loss)9901€-8k€-26k
Financial income75/76B€0-
Recurring financial income75€0-
Non-recurring financial income76B€0-
Financial charges65/66B€127-
Recurring financial charges65€127-
Non-recurring financial charges66B€127-
Profit (loss) for the period before taxes9903€-8k€-26k
Profit (loss) for the period9904€-8k€-26k
Profit (loss) for the period to be appropriated9905€-8k€-26k
Appropriation of the result
Profit (loss) to be appropriated9906€39k€13k
Profit (loss) brought forward from the previous period14P€47k€39k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2023
27-12
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · PROMO-CHESS SRL AVENUE DES CELTES 20/9, 1040 ETTERBEEK · event 18-12-2023
21-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 113 days late
2022
31-12
Financial Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
20-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 142 days late
20-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 507 days late
2021
08-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 192 days late
08-02
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 558 days late
2018
26-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 148 days late
26-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 513 days late
26-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 878 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
30-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 61 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
Registered office, Etterbeek · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Keltenlaan 201040 Etterbeek
Ground area
614 m²
Building footprint
452 m²
Volume, LiDAR
4,420 m³
2 parcels, Brussels · tallest building 21.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MULTI-TRADE
Gentsesteenweg 1384, 1082 Sint-Agatha-BerchemAir transport
since 19932.102.740.165
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0542/00A011 Brussels 443 m² 1 · 354 m² 21.1 m · 4 fl.
21003A0289/00P010 Brussels 171 m² 1 · 99 m² 13.4 m · 3 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

1 mandate
Role Name Tenure
Curator CHRISTOPHE BOURTEMBOURG
AVENUE LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest- law.eu
18-12-2023present

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded01-10-1987
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.