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Generated 05-08-2026
Active BE 0824.710.430Private limited company (pre-2019)Open bankruptcy

S-NETWORK

Rue Cloquet 2 ·1420 Braine-l'Alleud, Belgium· 16 yrs active
Sector: Computer programming & consultancy (62100)
Conclusion Checked

A bankruptcy procedure is open for S-NETWORK according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-22k) and a net result of €-41k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-22k
Net result €-41k
Active 16 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency40Growth50Stability0
38 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 40
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2018 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 31-10-2019 with the NBB · fiscal year 2018 · micro
Fiscal year2018
Revenue-
EBITDA€-31k
Net profit€-41k
Cash flow€-30k
Staff costs-
Income taxes-
Dividends-
Total assets€82k
Equity€-22k
Debt€105k
of which ≤ 1y€68k
of which > 1y€37k
Working capital€-15k
Employees (FTE)-
Ratios (computed)
2018
Current ratio0.78
Quick ratio0.78
Working capital ratio-18.0%
Solvency-27.1%
Debt / equity-1.66
Long-term debt ratio-1.66
Interest coverage-
Gross margin-
Net margin-
ROA-49.7%
ROE183.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2018
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2018
Balance sheet, Assets
TOTAL ASSETS 20/58€82k
Fixed assets 21/28€29k
Tangible fixed assets 22/27€27k
Financial fixed assets 28€2k
Current assets 29/58€53k
Amounts receivable within one year 40/41€51k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€82k
Equity 10/15€-22k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-41k
Amounts payable 17/49€105k
Amounts payable after one year 17€37k
Amounts payable within one year 42/48€68k
Trade debts payable within one year 44€20k
Income statement
Gross operating margin 9900€106k
Operating result 9901€-42k
Financial income 75€55
Financial charges 65€3k
Result before taxes 9903€-45k
Net result for the period 9904€-45k
Result to be appropriated 9905€-45k
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ELEONORE WESTERLINCK
RUE DE SAINT GHIS- LAIN 11, 1348 LOUVAIN-LA-NEUVE
 03-02-2020 → present Belgian State Gazette
Legal Structure
NACE primary Computer programming & consultancy(62100)
Legal form Private limited company (pre-2019)(015)
Incorporation06-04-2010
StatusActive
Postal code1420
First BS signal 10-02-2020
Latest BS signal 10-02-2020
Company structure, linked entities1 linked entities
S-NETWORKBE 0824.710.430ELEONORE WESTERLINCKReceiver ↔ 71BCCFranck, CéliaHARRY'S COMPANY
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
S-NETWORK
Avenue des Pâquerettes 55, 1410 WaterlooOverige detailhandel, niet in winkels en exclusief markt- en straathandel
since 20102.188.419.374
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25762F0043/00T003 Wallonia 1,433 m² 1 · 832 m² 6.3 m · 2 fl.
25744E0778/00B000 Wallonia 321 m² 1 · 121 m² 15.3 m · 4 fl.
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.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2020
10-02-2020
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · S-NETWORK SPRL RUE CLOQUET 2, 1420 BRAINE-L’ALLEUD · event 03-02-2020
2019
31-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
31-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
31-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
27-02-2017
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
31-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
31-10-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
23-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
22-08-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
13-02-2012
NBB filing Annual accounts filed
fiscal year 2010 · volledig
Lifecycle & Insolvency Signals 1 events
10-02-2020
Bankruptcy Opening
Date: 03-02-2020 · Tribunal de l’entreprise du Brabant wallon · S-NETWORK SPRL RUE CLOQUET 2, 1420 BRAINE-L’ALLEUD · Publications in State Gazette ↗
Time machine, BS events + macro context 2020, 2026
COVID lockdownEnergiecrisisECB hikes20202021202220232024202520262020-02-10 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten63100Gegevensverwerking, webhosting en aanverwante activiteiten63110
Primary activity highlighted.
Names & trade names
Legal nameFR S-NETWORK
Registered office
Rue Cloquet 2
1420 Braine-l'Alleud, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative