Skip to content

SIGNALS

Open bankruptcy
Private limited company (pre-2019)founded 2015Zwaluwenstraat 1, 1000 Brussel, BelgiumKBO/BCE: BE 0568.873.920
Summary

A bankruptcy procedure is open for SIGNALS according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €38,382 and a net result of €7,103.

SIGNALSOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
12 June 2023
Supervising judge
Xavier Leloup
Official Gazette
20-06-2023 (pdf) ↗search the document for 2023/124527

Deadlines

Appeal or third-party opposition until
passed on 5 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 July 2023art. XX.104 and XX.155 CEL
First verification report
passed on 19 July 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 12 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Jacques PironAvenue De La Toison D’Or 77, 1060 Saint-Gillesj.piron@apmlaw.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this bankruptcy? Put the card of SIGNALS in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 20-10-2021, 81 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 · 6 filings
Deviation from the deadline
2020
81 d late
2019
446 d late
2018
331 d late
2017
111 d late
2016
311 d late
2015
318 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 266 days after the deadline; the sector median for financial year 2020 is 3 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 January 2015, SIGNALS was incorporated.1 Total assets went from EUR 145,717 in 2018 to EUR 129,319 in 2020.2 The company was declared bankrupt on 12 June 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 20-06-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,103
2019 · -€27,166
Working capital
€37,957▲ 23.0%
2019 · €30,854
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€29,989--€27,073€7,288
Net result€21,157--€27,166€7,103within the sector's middle half
Equity€58,445-€31,279▼ 46.5%€38,382within the sector's middle half▲ 22.7%
Total assets€145,717-€105,271▼ 27.8%€129,319below the sector's middle half▲ 22.8%
Debt€87,272-€73,992▼ 15.2%€90,937▲ 22.9%
Working capital€58,020-€30,854▼ 46.8%€37,957within the sector's middle half▲ 23.0%
Solvency40.1%-29.7%▼ 10.4pp29.7%within the sector's middle half=
Current ratio1.66-1.42▼ 0.251.42within the sector's middle half=
Return on assets (ROA)14.5%--25.8%▼ 40.3pp5.5%within the sector's middle half▲ 31.3pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: €29,989€29,989Net result 2018: €21,157€21,157Operating result 2019: -€27,073-€27,073Net result 2019: -€27,166-€27,166Operating result 2020: €7,288€7,288Net result 2020: €7,103€7,103201820192020-€40,000-€20,000€0€20,000Operating result 2018: €29,989€30,000Net result 2018: €21,157€21,200Operating result 2019: -€27,073-€27,100Net result 2019: -€27,166-€27,200Operating result 2020: €7,288€7,290Net result 2020: €7,103€7,100201820192020
The operating result returns to profit in 2020: €7,288 after a loss of €27,073 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €129,319
Fixed assets €425 =
Current assets €128,894 ▲ 22.9%
Equity and liabilities €129,319
Equity €38,382 ▲ 22.7%
Debt €90,937 ▲ 22.9%
Debt's share of the balance-sheet total stays at 70.3%.
Key figures and ratios
2020 value · change against 2019
ROE
18.5%▲
2019 · -86.9%
Debt ≤ 1 year
€90,937▲
2019 · €73,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 20 lines
Balance sheet Code20192020
Assets
Total assets20/58€105,271€129,319▲
Fixed assets21/28€425€425=
Financial fixed assets28€425€425=
Current assets29/58€104,846€128,894▲
Amounts receivable within one year40/41€79,671€58,122▼
Cash at bank and in hand54/58€17,039€62,637▲
Equity and liabilities
Total equity and liabilities10/49€105,271€129,319▲
Equity10/15€31,279€38,382▲
Contributions10/11€18,600€18,600=
Reserves13€1,475€1,475=
Profit (loss) carried forward14€11,204€18,307▲
Amounts payable17/49€73,992€90,937▲
Amounts payable within one year42/48€73,992€90,937▲
Trade debts44€47,138€50,553▲
Income statement Code20192020
Gross operating margin9900-€23,120€8,507▲
Operating profit (loss)9901-€27,073€7,288▲
Recurring financial charges65€93€184▲
Profit (loss) for the period before taxes9903-€27,166€7,103▲
Profit (loss) for the period9904-€27,166€7,103▲
Profit (loss) for the period to be appropriated9905-€27,166€7,103▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€468---
Gross operating margin9900€30,457-€23,120€8,507▲ 137%
Operating profit (loss)9901€29,989-€27,073€7,288▲ 127%
Recurring financial charges65-€93€184▲ 98.9%
Profit (loss) for the period before taxes9903€29,989-€27,166€7,103▲ 126%
Income taxes67/77€8,832---
Profit (loss) for the period9904€21,157-€27,166€7,103▲ 126%
Profit (loss) for the period to be appropriated9905€21,157-€27,166€7,103▲ 126%
Line201820192020Change
Assets
Total assets20/58€145,717€105,271€129,319▲ 22.8%
Fixed assets21/28€425€425€425=
Financial fixed assets28€425€425€425=
Current assets29/58€145,292€104,846€128,894▲ 22.9%
Amounts receivable within one year40/41€136,694€79,671€58,122▼ 27.0%
Cash at bank and in hand54/58€462€17,039€62,637▲ 268%
Equity and liabilities
Total equity and liabilities10/49€145,717€105,271€129,319▲ 22.8%
Equity10/15€58,445€31,279€38,382▲ 22.7%
Contributions10/11€18,600€18,600€18,600=
Reserves13€1,475€1,475€1,475=
Profit (loss) carried forward14€38,370€11,204€18,307▲ 63.4%
Amounts payable17/49€87,272€73,992€90,937▲ 22.9%
Amounts payable within one year42/48€87,272€73,992€90,937▲ 22.9%
Trade debts44€37,742€47,138€50,553▲ 7.2%
Line201820192020Change
Profit (loss) for the period9904€21,157-€27,166€7,103▲ 126%
+ Depreciation and write-downs630€468---
Operating cash flow (approximation)€21,625-€27,166€7,103▲ 126%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€16,577€45,597▲ 175%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
20-06
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 12-06-2023
2021
20-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 81 days late
20-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 446 days late
2020
31-12
Financial Back to profitnet €7,103
Net result €7,103 after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 331 days late
2019
31-12
Financial Weakest financial yearnet -€27,166
Net result drops to -€27,166, the lowest in the series.
04-02
Bankruptcy Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · event 28-01-2019
2018
19-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 111 days late
12-11
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · event 29-10-2018
07-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 311 days late
2017
14-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 318 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
184 m²
Building footprint
152 m²
Volume, LiDAR
2,728 m³
2 parcels, Brussels · tallest building 29.9 m, ±7 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
SIGNALS
Repair and maintenance of electrical equipment
since 20152.242.009.795
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21803C0244/00Y000
ProtectedSite or landscapeVrijheidsplein en omliggende gebouwen - Onze-Lieve-Vrouw-ter-Sneeuwwijk
Brussels 120 m² 1 · 88 m² 21.9 m · 5 fl.
21812N0805/00B002 Brussels 64 m² 1 · 64 m² 29.9 m · 7 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

2 mandates
Role Name Tenure
Curator JACQUES PIRON
Avenue De La Toison D’Or 77, 1060 Saint-Gilles
12-06-2023 → present
Curator LUCILLE BERMOND
Chaussee De La Hulpe 187, 1170. Watermael-Boitsfort
29-10-2018 → 28-01-2019

Similar companies · same sector, comparable size

Of 16,913 companies in this sector we hold annual accounts for 8,787. 6,633 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded20-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Contact
Phone +32 2 888 51 35
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.