RB LOUNGE
Open bankruptcyA bankruptcy procedure is open for RB LOUNGE according to publications in the Belgian State Gazette; curator: ANICET BAUM.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-08-2021, 27 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
not filed
2020
27 d late
2019
129 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2019 · €-6k
2018: €29k
2019: €-6k
2018 → 2020
Working capital
€48k▲ 36.0%
2019 · €35k
2018: €34k
2019: €35k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€35k-€36k▲ 3.0%€52k▲ 43.3%
Operating result€29k-€-6k€15k
Net result€29k-€-6k€15k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €15k after a loss of €6k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €68k
Fixed assets
€4k▲ 310%
Current assets
€64k▲ 65.4%
Equity and liabilities €68k
Equity
€52k▲ 43.3%
Debt
€16k▲ 378%
The debt ratio rises from 8.4% to 23.4%. Equity and debt are higher.
Key figures and ratios
Solvency
76.6%▼
2019 · 91.6%
Current ratio
4.02▼
2019 · 11.62
Quick ratio
3.99▼
2019 · 11.08
ROE
29.2%▲
2019 · -15.6%
ROA
22.4%▲
2019 · -14.3%
Debt
€16k▲
2019 · €3k
Debt ≤ 1 year
€16k▲
2019 · €3k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€40k€68k▲
Fixed assets21/28€968€4k▲
Financial fixed assets28€968€4k▲
Current assets29/58€39k€64k▲
Stocks and contracts in progress3€2k€495▼
Amounts receivable within one year40/41-€27k
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€40k€68k▲
Equity10/15€36k€52k▲
Contributions10/11€13k-
Reserves13€2k€2k=
Profit (loss) carried forward14€21k€37k▲
Amounts payable17/49€3k€16k▲
Amounts payable within one year42/48€3k€16k▲
Trade debts44€3k€15k▲
Income statement
Code20192020
Gross operating margin9900€-803€18k▲
Operating profit (loss)9901€-6k€15k▲
Recurring financial charges65€11€172▲
Profit (loss) for the period before taxes9903€-6k€15k▲
Profit (loss) for the period9904€-6k€15k▲
Profit (loss) for the period to be appropriated9905€-6k€15k▲
Timeline · acts, filings and financial milestones
2024
24-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · RB LOUNGE AVENUE LOUISE 207/4, 1050 IXELLES · event 16-05-2024
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
31-12
Financial
Weakest financial yearnet €-6k ▼120%
Net result drops to €-6k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 11.62
Current ratio from 2.88 to 11.62; short-term debt falls from €18k to €3k.
18-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 110 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 IXELLES |
16-05-2024 → present |