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SSVesdre

Open bankruptcy
Private limited companyfounded 2019Rue du Gymnase 15, 4800 Verviers, BelgiumKBO/BCE: BE 0717.660.339

A bankruptcy procedure is open for SSVesdre according to publications in the Belgian State Gazette; curator: DOMINIQUE LEGRAND.

Summary

The 2023 annual accounts show equity of €67k and a net result of €11k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2022
66 d early
2021
33 d early
2020
54 d early
2019
36 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2023, micro schema

Equity
€67k▲ 19.0%
2022 · €56k
2019: €18k 2020: €23k 2021: €46k 2022: €56k
2019 → 2023
Total assets
€136k▼ 9.9%
2022 · €151k
2019: €91k 2020: €86k 2021: €111k 2022: €151k
2019 → 2023
Net result
€11k▼ 56.9%
2022 · €25k
2019: €-14k 2020: €5k 2021: €24k 2022: €25k
2019 → 2023
Working capital
€30k▲ 3,782%
2022 · €780
2019: €123 2020: €12k 2021: €21k 2022: €780
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€18k-€23k▲ 28.4%€46k▲ 106%€56k▲ 20.9%€67k▲ 19.0%
Operating result€-11k-€7k€25k▲ 268%€27k▲ 6.7%€15k▼ 45.3%
Net result€-14k-€5k€24k▲ 377%€25k▲ 3.6%€11k▼ 56.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20kOperating result 2019: €-11k€-11kNet result 2019: €-14k€-14kOperating result 2020: €7k€7kNet result 2020: €5k€5kOperating result 2021: €25k€25kNet result 2021: €24k€24kOperating result 2022: €27k€27kNet result 2022: €25k€25kOperating result 2023: €15k€15kNet result 2023: €11k€11k20192020202120222023€0€10k€20k€30kOperating result 2021: €25k€25kNet result 2021: €24k€24kOperating result 2022: €27k€27kNet result 2022: €25k€25kOperating result 2023: €15k€15kNet result 2023: €11k€11k202120222023
The operating result falls in 2023; 2023 is 45% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €136k
Fixed assets €79k ▼ 24.1%
Current assets €56k ▲ 22.1%
Equity and liabilities €136k
Equity €67k ▲ 19.0%
Debt €69k ▼ 27.1%
Debt's share of the balance-sheet total falls from 62.8% to 50.9%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€44k▼
2022 · €54k
Cash flow
€40k▼
2022 · €51k
Current ratio
2.16▲
2022 · 1.02
Quick ratio
2.05▲
2022 · 0.94
Debt to equity
1.04▼
2022 · 1.69
ROE
15.9%▼
2022 · 44.0%
ROA
7.8%▼
2022 · 16.4%
Interest coverage
11.31▼
2022 · 21.79
Debt ≤ 1 year
€26k▼
2022 · €45k
Debt > 1 year
€42k▼
2022 · €48k
Income taxes
€284
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet Code20222023
Assets
Total assets20/58€151k€136k▼
Fixed assets21/28€105k€79k▼
Tangible fixed assets22/27€105k€79k▼
Furniture and vehicles24€29k€23k▼
Other tangible fixed assets26€75k€57k▼
Current assets29/58€46k€56k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€396€2k▲
Trade receivables40-€2k
Other amounts receivable41€396€795▲
Cash at bank and in hand54/58€42k€41k▼
Deferred charges and accrued income490/1€808€10k▲
Equity and liabilities
Total equity and liabilities10/49€151k€136k▼
Equity10/15€56k€67k▲
Contributions10/11€32k€32k=
Profit (loss) carried forward14€24k€35k▲
Amounts payable17/49€95k€69k▼
Amounts payable after more than one year17€48k€42k▼
Financial debts170/4€48k€29k▼
Other amounts payable178/9-€13k
Amounts payable within one year42/48€45k€26k▼
Current portion of amounts payable after more than one year42€21k€19k▼
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45-€284
Taxes450/3-€284
Other amounts payable47/48€15k-
Accrued charges and deferred income492/3€1k€1k▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€30k▲
Other operating charges640/8€880€3k▲
Gross operating margin9900€54k€47k▼
Operating profit (loss)9901€27k€15k▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€25k€11k▼
Income taxes67/77-€284
Profit (loss) for the period9904€25k€11k▼
Profit (loss) for the period to be appropriated9905€25k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€35k▼
Profit (loss) brought forward from the previous period14P€14k€24k▲
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-09
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 22-09-2025
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Liquidity doublescurrent ratio 2.16
Current ratio from 1.02 to 2.16; short-term debt falls from €45k to €26k.
26-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2019net €25k ▲3.6%
Operating result €27k, net result €25k, both a record.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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
Registered office, Verviers · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,101 m²
Building footprint
1,500 m²
Volume, LiDAR
13,329 m³
Parcel 63079A0183/00K000, Wallonia · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SSVesdre
Rue du Gymnase 15, 4800 VerviersRetail sale of games and toys
since 20192.284.813.323
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63079A0183/00K000 Wallonia 1,101 m² 1 · 1,500 m² 12.8 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DOMINIQUE LEGRAND
RUE DU VIEUX TILLEUL 53, 4880 AUBEL
22-09-2025 → present

Similar companies · same sector, comparable size

Of 1,315 companies in sector 47639 we hold annual accounts for 624. 503 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
85510Sports and recreation education
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

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