RETURN SERVICES
BankruptcySummary
The KBO register records for RETURN SERVICES the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €28k and a net result of €4k.
Signals
Three 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 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
31 d late
2020
61 d late
2019
201 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€28k▲ 14.3%
2021 · €25k
Total assets
€243k▲ 38.2%
2021 · €176k
Net result
€4k▼ 79.0%
2021 · €17k
Working capital
€25k▲ 23.7%
2021 · €20k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€12k-€44k▲ 276%€16k▼ 63.1%€31k▲ 86.3%€6k▼ 80.1%
Net result€10k-€43k▲ 353%€11k▼ 73.9%€17k▲ 48.1%€4k▼ 79.0%
Equity€-47k-€-3k▲ 92.6%€8k€25k▲ 214%€28k▲ 14.3%
Total assets€103k-€113k▲ 9.9%€94k▼ 16.4%€176k▲ 86.2%€243k▲ 38.2%
Debt€149k-€116k▼ 22.2%€86k▼ 25.6%€151k▲ 74.7%€215k▲ 42.1%
Working capital€-48k-€-4k▲ 91.7%€4k€20k▲ 382%€25k▲ 23.7%
Staff (FTE)1.3-1.2▼ 7.7%1.1▼ 8.3%1.5▲ 36.4%2▲ 33.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 80% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €243k
Fixed assets
€3k ▼ 32.4%
Current assets
€240k ▲ 40.0%
Equity and liabilities €243k
Equity
€28k ▲ 14.3%
Debt
€215k ▲ 42.1%
Debt's share of the balance-sheet total rises from 86.0% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2021 · €33k
Cash flow
€5k▼
2021 · €19k
Current ratio
1.12▼
2021 · 1.14
Debt to equity
7.62▲
2021 · 6.13
ROE
12.5%▼
2021 · 68.1%
ROA
1.5%▼
2021 · 9.6%
Interest coverage
17.15▼
2021 · 48.67
Debt ≤ 1 year
€215k▲
2021 · €151k
Income taxes
€2k▼
2021 · €13k
Staff costs
€57k▲
2021 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €10k | - | - |
| Remuneration, social security and pensions62 | - | - | - | €44k | €57k | ▲ 29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €599 | €2k | €2k | €3k | €1k | ▼ 48.6% |
| Other operating charges640/8 | - | - | - | €2k | €664 | ▼ 57.3% |
| Non-recurring operating charges66A | - | - | - | €226 | - | - |
| Gross operating margin9900 | €64k | €100k | €59k | €79k | €65k | ▼ 17.7% |
| Operating profit (loss)9901 | €12k | €44k | €16k | €31k | €6k | ▼ 80.1% |
| Financial income75/76B | - | - | - | €259 | €5 | ▼ 98.2% |
| Recurring financial income75 | €5 | €3 | €32 | €259 | €5 | ▼ 98.2% |
| Financial charges65/66B | - | - | - | €682 | €433 | ▼ 36.5% |
| Recurring financial charges65 | €2k | €563 | €1k | €682 | €433 | ▼ 36.5% |
| Profit (loss) for the period before taxes9903 | €10k | €44k | €15k | €30k | €6k | ▼ 81.3% |
| Income taxes67/77 | - | €549 | €4k | €13k | €2k | ▼ 84.1% |
| Profit (loss) for the period9904 | €10k | €43k | €11k | €17k | €4k | ▼ 79.0% |
| Profit (loss) for the period to be appropriated9905 | €10k | €43k | €11k | €17k | €4k | ▼ 79.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103k | €113k | €94k | €176k | €243k | ▲ 38.2% |
| Fixed assets21/28 | €2k | €6k | €4k | €4k | €3k | ▼ 32.4% |
| Intangible fixed assets21 | €2k | €1k | €506 | €3k | €2k | ▼ 23.6% |
| Tangible fixed assets22/27 | €82 | €5k | €3k | €1k | €716 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | - | €406 | €203 | ▼ 50.0% |
| Other tangible fixed assets26 | - | - | - | €1k | €512 | ▼ 50.0% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €101k | €107k | €91k | €171k | €240k | ▲ 40.0% |
| Amounts receivable within one year40/41 | €99k | €96k | €85k | €148k | €199k | ▲ 34.7% |
| Trade receivables40 | - | - | - | €33k | €85k | ▲ 159% |
| Other amounts receivable41 | - | - | - | €115k | €114k | ▼ 0.7% |
| Cash at bank and in hand54/58 | €220 | €7k | €5k | €23k | €40k | ▲ 74.9% |
| Deferred charges and accrued income490/1 | - | - | - | €725 | €829 | ▲ 14.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103k | €113k | €94k | €176k | €243k | ▲ 38.2% |
| Equity10/15 | €-47k | €-3k | €8k | €25k | €28k | ▲ 14.3% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Capital10 | - | - | - | €31k | €31k | = |
| Issued capital100 | - | - | - | €31k | €31k | = |
| Profit (loss) carried forward14 | €-78k | €-34k | €-23k | €-6k | €-3k | ▲ 55.4% |
| Amounts payable17/49 | €149k | €116k | €86k | €151k | €215k | ▲ 42.1% |
| Amounts payable within one year42/48 | €149k | €111k | €86k | €151k | €215k | ▲ 42.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3k | - | - |
| Trade debts44 | €46k | €47k | €57k | €119k | €194k | ▲ 62.6% |
| Suppliers440/4 | - | - | - | €119k | €194k | ▲ 62.6% |
| Taxes, remuneration and social security45 | - | - | - | €29k | €20k | ▼ 29.9% |
| Taxes450/3 | - | - | - | €17k | €5k | ▼ 71.6% |
| Remuneration and social security454/9 | - | - | - | €12k | €16k | ▲ 29.6% |
| Other amounts payable47/48 | - | - | - | - | €225 | - |
| Accrued charges and deferred income492/3 | - | - | - | €29 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €43k | €11k | €17k | €4k | ▼ 79.0% |
| + Depreciation and write-downs630 | €599 | €2k | €2k | €3k | €1k | ▼ 48.6% |
| Operating cash flow (approximation) | €10k | €46k | €13k | €19k | €5k | ▼ 74.8% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €-3k | €0 | ▲ 100% |
| Change in cash | - | €6k | €-1k | €18k | €17k | ▼ 2.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €4k ▼79%
Net result drops to €4k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
17-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 201 days late
2019
31-12
Financial
Highest result since 2018net €43k ▲353%
Operating result €44k, net result €43k, both a record.
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 62 days late
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 254 days late
2018
18-05
Judicial reorganisation
Opening
Rechtbank van koophandel Gent · collective agreement · event 15-05-2018
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 92 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Mouscron · 1 establishment unit since 1996
Ground area
4,973 m²
Building footprint
571 m²
Parcel 54006N0215/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
RETURN SERVICES
since 19962.077.318.940
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54006N0215/00G002 | Wallonia | 4,973 m² | 1 · 571 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 6,309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.