SEVEN GROUP
InactiveSEVEN GROUP was declared bankrupt on 22-07-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 09-07-2024, published in the Belgian State Gazette on 16-07-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 26-04-2022, 177 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
177 d late
2020
542 d late
2019
908 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-33k
2020 · €29k
2019: €11k
2020: €29k
2019 → 2021
Working capital
€11k▼ 73.7%
2020 · €42k
2019: €10k
2020: €42k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€11k-€40k▲ 250%€7k▼ 82.3%
Operating result€11k-€30k▲ 164%€-32k
Net result€11k-€29k▲ 153%€-33k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €32k after €30k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €58k
Fixed assets
€4k▼ 24.5%
Current assets
€53k▼ 56.1%
Equity and liabilities €58k
Equity
€7k▼ 82.3%
Debt
€51k▼ 41.8%
The debt ratio rises from 68.7% to 87.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-30k▼
2020 · €32k
Cash flow
€-31k▼
2020 · €31k
Solvency
12.2%▼
2020 · 31.3%
Current ratio
1.27▼
2020 · 1.54
Quick ratio
1.27▼
2020 · 1.54
Debt / equity
7.18▲
2020 · 2.19
ROE
-463.5%▼
2020 · 71.5%
ROA
-56.7%▼
2020 · 22.4%
Interest coverage
-25.95▼
2020 · 20.74
Debt
€51k▼
2020 · €88k
Debt ≤ 1 year
€42k▼
2020 · €79k
Debt > 1 year
€9k=
2020 · €9k
Staff costs
€21k▲
2020 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€128k€58k▼
Formation expenses20€600€400▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€120€120=
Current assets29/58€121k€53k▼
Amounts receivable within one year40/41€101k€53k▼
Trade receivables40€78k€36k▼
Other amounts receivable41€22k€18k▼
Cash at bank and in hand54/58€20k-
Deferred charges and accrued income490/1€793-
Equity and liabilities
Total equity and liabilities10/49€128k€58k▼
Equity10/15€40k€7k▼
Contributions10/11€100€100=
Capital10€100€100=
Issued capital100€100€100=
Reserves13€10€10=
Non-distributable reserves130/1€10€10=
Legal reserve130€10€10=
Profit (loss) carried forward14€40k€7k▼
Amounts payable17/49€88k€51k▼
Amounts payable after more than one year17€9k€9k=
Financial debts170/4€9k€9k=
Amounts payable within one year42/48€79k€42k▼
Current portion of amounts payable after more than one year42€6k-
Financial debts43€8k€5k▼
Credit institutions430/8€8k€5k▼
Trade debts44€59k€32k▼
Suppliers440/4€59k€32k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€40€4k▲
Remuneration and social security454/9€3k€757▼
Other amounts payable47/48€2k-
Income statement
Code20202021
Remuneration, social security and pensions62€13k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€48k€-6k▼
Operating profit (loss)9901€30k€-32k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€29k€-33k▼
Profit (loss) for the period9904€29k€-33k▼
Profit (loss) for the period to be appropriated9905€29k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€7k▼
Profit (loss) brought forward from the previous period14P€11k€40k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
16-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SEVEN GROUP SPRL RUE DU CHAMP DE LA COURONNE 67/3, 1020 LAEKEN. déclarée le 22 juillet 2022 · event 09-07-2024
2022
01-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SEVEN GROUP SPRL RUE DU CHAMP DE LA COURONNE 67/3, 1020 LAEKEN · event 22-07-2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 177 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 542 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 908 days late
03-01
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · SEVEN GROUP BV KROONVELDSTRAAT 67/3, 1020 BRUSSEL 2 · event 24-12-2021
2021
09-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · SEVEN GROUP BV KROON- VELDSTRAAT 67/3, 1020 BRUSSEL 2 · event 26-10-2021
31-03
Financial
Weakest financial yearnet €-33k ▼215%
Net result drops to €-33k, the lowest in the series.
2020
31-03
Financial
Highest result since 2019net €29k ▲153%
Operating result €30k, net result €29k, both a record.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN HENDERICKX RUE DE STASSART 48 BL C/6,
1050 BRUXELLES 5 |
22-07-2022 → present |
| Curator | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
26-10-2021 → present |