Active BE 0860.098.604Private limited company (pre-2019)Open bankruptcy

SECUNDO

· 22 yrs active

Conclusion Checked

A bankruptcy procedure is open for SECUNDO according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2019 annual accounts show equity of €5k and a net result of €-3k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€5k
Net result	€-3k
Active	22 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

11 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 0

Solvency 25

Growth 32

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

53 / 100

High risk

Components

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 1 events

Address struck

Health barometer FY 2019 · 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 overview10 NBB filings

Annual accounts filed on 01-04-2020 with the NBB · fiscal year 2019 · micro

Operating resultNet result

EBITDA

€-10k

— 18–19

Net profit

€-3k

— 18–19

Cash flow

€565

-90.1% 18–19

Total assets

€146k

+30.9% 18–19

Equity

€5k

-50.9% 18–19

Working capital

€48k

+21.0% 18–19

Income taxes

€1k

-91.3% 18–19

Debt

€141k

+39.9% 18–19

Debt ≤ 1y

€94k

+37.4% 18–19

Debt > 1y

€46k

+43.8% 18–19

Current ratio

1.51

-4.4% 18–19

Quick ratio

1.46

-2.9% 18–19

Solvency

3.7%

-62.5% 18–19

Debt / equity

8.41

+192.9% 18–19

ROE

-48.4%

— 18–19

ROA

-1.8%

— 18–19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Revenue	—
EBITDA	€-10k
Net profit	€-3k
Cash flow	€565
Staff costs	—
Income taxes	€1k
Dividends	—
Total assets	€146k
Equity	€5k
Debt	€141k
of which ≤ 1y	€94k
of which > 1y	€46k
Working capital	€48k
Employees (FTE)	—

Ratios (computed)

	2019
Current ratio	1.51
Quick ratio	1.46
Working capital ratio	32.9%
Solvency	3.7%
Debt / equity	8.41
Long-term debt ratio	8.41
Interest coverage	—
Gross margin	—
Net margin	—
ROA	-1.8%
ROE	-48.4%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2019

Assets

Fixed assets €5k · 3.1% Current assets €142k · 96.9%

Equity & liabilities

Equity €5k · 3.7% Debt €141k · 96.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet — Assets
TOTAL ASSETS	20/58	€146k
Fixed assets	21/28	€5k
Tangible fixed assets	22/27	€4k
Financial fixed assets	28	€250
Current assets	29/58	€142k
Stocks & contracts in progress	3	€5k
Amounts receivable within one year	40/41	€136k
Cash & bank	54/58	€151
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€146k
Equity	10/15	€5k
Contributions / capital	10/11	€6k
Reserves	13	€2k
Accumulated profits (losses)	14	€-3k
Amounts payable	17/49	€141k
Amounts payable after one year	17	€46k
Amounts payable within one year	42/48	€94k
Trade debts payable within one year	44	€60k
Income statement
Gross operating margin	9900	€-2k
Operating result	9901	€-13k
Financial income	75	€10k
Financial charges	65	€1k
Result before taxes	9903	€-4k
Income taxes	67/77	€1k
Net result for the period	9904	€-6k
Result to be appropriated	9905	€-6k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	NOEL DEVOS DIESTSEWEG 155, 2440 GEEL-	02-05-2023 → present	Belgian State Gazette
Curator	BRAM VANGEEL DIESTSEWEG 155, 2440 GEEL ↔ Also on 52 other cases	02-05-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	—
Legal form	Private limited company (pre-2019)(015)
Incorporation	14-08-2003
Status	Active
Postal code	—
First BS signal	08-05-2023
Latest BS signal	08-05-2023

Company structure — linked entities2 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

SECUNDO

Cafés

since 20032.132.778.491

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13017G0521/00H000	Flanders	430 m²	1 · 107 m²	10.9 m · 2 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 13 events

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

2023

08-12-2023

KBO administration Address strikeout main

08-12-2023

KBO administration Address strikeout main

08-05-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SECUNDO BV MARKT 13, 2460 KASTERLEE · event 02-05-2023

2020

01-04-2020