RG
Open bankruptcyA bankruptcy procedure is open for RG according to publications in the Belgian State Gazette; curator: WERNER VAN OOSTERWYCK.
Summary
The 2021 annual accounts show equity of €7k and a net result of €5k.
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 31-12-2021 was due by 31-07-2022 and was filed on 13-10-2022, 74 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
74 d late
2020
142 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€7k▲ 225%
2020 · €2k
2020: €2k
2020 → 2021
Total assets
€19k▲ 171%
2020 · €7k
2020: €7k
2020 → 2021
Net result
€5k▲ 2,455%
2020 · €193
2020: €193
2020 → 2021
Working capital
€7k▲ 225%
2020 · €2k
2020: €2k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€2k-€7k▲ 225%
Operating result€284-€5k▲ 1,711%
Net result€193-€5k▲ 2,455%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 1,711% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €19k
Equity
€7k ▲ 225%
Debt
€11k ▲ 145%
Debt's share of the balance-sheet total falls from 67.9% to 61.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.63▲
2020 · 1.47
Quick ratio
1.40▲
2020 · 1.06
Debt to equity
1.60
ROE
69.2%▲
2020 · 8.8%
ROA
26.6%▲
2020 · 2.8%
Debt ≤ 1 year
€11k▲
2020 · €5k
Staff costs
€16k
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 · 2021 against 2020 · 36 lines
Balance sheet
Code20202021
Assets
Total assets20/58€7k€19k▲
Current assets29/58€7k€19k▲
Stocks and contracts in progress3€2k€3k▲
Stocks30/36-€3k
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40-€1k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€2k€12k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€7k€19k▲
Equity10/15€2k€7k▲
Contributions10/11-€2k
Profit (loss) carried forward14€193€5k▲
Amounts payable17/49€5k€11k▲
Amounts payable within one year42/48€5k€11k▲
Financial debts43-€3
Credit institutions430/8-€3
Trade debts44€4k€8k▲
Suppliers440/4-€8k
Taxes, remuneration and social security45-€1k
Taxes450/3-€768
Remuneration and social security454/9-€542
Other amounts payable47/48-€2k
Income statement
Code20202021
Remuneration, social security and pensions62-€16k
Other operating charges640/8-€924
Gross operating margin9900€19k€22k▲
Operating profit (loss)9901€284€5k▲
Financial income75/76B-€14
Recurring financial income75€12€14▲
Financial charges65/66B-€228
Recurring financial charges65€103€228▲
Profit (loss) for the period before taxes9903€193€5k▲
Profit (loss) for the period9904€193€5k▲
Profit (loss) for the period to be appropriated9905€193€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5k
Profit (loss) brought forward from the previous period14P-€193
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · RG BV SMIDSE- STRAAT 28/BUS 101, 8430 MIDDELKERKE · event 27-02-2025
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
SignalNBB filing
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, Middelkerke
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.
Smidsestraat 288430 MiddelkerkeGround area
1,000 m²
Building footprint
628 m²
Volume, LiDAR
10,491 m³
Parcel 35011B0086/00R000, Flanders · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0086/00R000indicative | Flanders | 1,000 m² | 1 · 628 m² | 22.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel 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 | WERNER VAN OOSTERWYCK KONINGSSTRAAT 45,
8400 OOSTENDE |
27-02-2025 → present |
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,180 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.