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BE 0834.976.196Public limited companyOpen bankruptcy
S14
Wetenschapsstraat 14 ·1040 Brussel, Belgium· 15 yrs active
Sector: Real estate rental
(68203)
Conclusion
A bankruptcy procedure is open for S14 according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2020 annual accounts show negative equity (€-832k) and a net result of €-1.66M.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-832k |
| Net result | €-1.66M |
| Staff (FTE) | 3 |
| Better than sector | 8% |
Snowflake analysis
26
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
100
Solvency
0
Growth
32
Stability
0
Bankruptcy probability (12 mo)
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
60 / 100
High riskComponents
· 1 judicial reorganisation (+10)
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 30-06-2021 with the NBB · fiscal year 2020 · volledig
Sector comparison
Fiscal year 2020 · NACE 68 — Real estate activities · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -132.6% | 14.8% | |
| Net result | €-1.12M | €803 | |
| Equity | €-832k | €46k | |
| Gross operating margin | €-84k | €27k | |
| Total assets | €627k | €429k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-995k
-553.2%
18–20
€-1.66M
-96.1%
18–20
€-1.55M
-110.1%
18–20
€627k
-50.4%
18–20
€-832k
-79.2%
18–20
€-967k
-217.2%
18–20
3
+7.1%
18–20
€-13
—
18–20
€1.45M
-16.3%
18–20
€1.35M
+100.1%
18–20
€947k
-31.0%
18–20
0.28
-48.3%
18–20
0.28
-48.3%
18–20
-132.6%
-260.9%
18–20
-2.04
+50.8%
18–20
199.1%
+9.4%
18–20
-264.1%
-295.0%
18–20
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Revenue | — |
| EBITDA | €-995k |
| Net profit | €-1.66M |
| Cash flow | €-1.55M |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €627k |
| Equity | €-832k |
| Debt | €1.45M |
| of which ≤ 1y | €1.35M |
| of which > 1y | — |
| Working capital | €-967k |
| Employees (FTE) | 3.0 |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 0.28 |
| Quick ratio | 0.28 |
| Working capital ratio | -154.2% |
| Solvency | -132.6% |
| Debt / equity | — |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -264.1% |
| ROE | 199.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €627k |
| Fixed assets | 21/28 | €245k |
| Intangible fixed assets | 21 | €159 |
| Tangible fixed assets | 22/27 | €156k |
| Financial fixed assets | 28 | €89k |
| Current assets | 29/58 | €382k |
| Amounts receivable within one year | 40/41 | €245k |
| Cash & bank | 54/58 | €19k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €627k |
| Equity | 10/15 | €-832k |
| Contributions / capital | 10/11 | €286k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-1.12M |
| Provisions & deferred taxes | 16 | €12k |
| Amounts payable | 17/49 | €1.45M |
| Amounts payable within one year | 42/48 | €1.35M |
| Trade debts payable within one year | 44 | €1.25M |
| Income statement | ||
| Gross operating margin | 9900 | €-84k |
| Operating result | 9901 | €-1.10M |
| Financial income | 75 | €125 |
| Financial charges | 65 | €22k |
| Result before taxes | 9903 | €-1.12M |
| Net result for the period | 9904 | €-1.12M |
| Result to be appropriated | 9905 | €-1.12M |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
13-07-2021 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Real estate rental(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 30-03-2011 |
| Status | Active |
| Postal code | 1040 |
| First BS signal | 19-04-2021 |
| Latest BS signal | 22-07-2021 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
Copernico Belgium
since 20112.198.355.342
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0296/00N000 | Brussels | 1,962 m² | 1 · 680 m² | 29.6 m · 8 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2021
22-07-2021
Bankruptcy
Opening
30-06-2021
NBB filing
Annual accounts filed
19-04-2021
Judicial reorganisation
Opening
2020
09-06-2020
NBB filing
Annual accounts filed
2019
14-05-2019
NBB filing
Annual accounts filed
2018
10-07-2018
NBB filing
Annual accounts filed
2017
30-05-2017
NBB filing
Annual accounts filed
2016
07-07-2016
NBB filing
Annual accounts filed
2015
23-07-2015
NBB filing
Annual accounts filed
2014
30-06-2014
NBB filing
Annual accounts filed
2013
31-05-2013
NBB filing
Annual accounts filed
2012
13-06-2012
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
22-07-2021
Bankruptcy
Opening
19-04-2021
Judicial reorganisation
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201
Primary activity highlighted.
Names & trade names
| Legal nameFR | S14 |
Registered office
Wetenschapsstraat 14 bus b
1040 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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