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Subteno

Open bankruptcy
Private limited company (pre-2019)founded 2017KBO/BCE: BE 0670.523.980

A bankruptcy procedure is open for Subteno according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS.

Summary

The 2019 annual accounts show equity of €348 and a net result of €19k.

Signals

Two signals.
+raises risk
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
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 2019, abbreviated schema

Equity
€348
2018 · €-19k
2018: €-19k
2018 → 2019
Net result
€19k
2018 · €-23k
2018: €-23k
2018 → 2019
Total assets
€2k▼ 75.4%
2018 · €7k
2018: €7k
2018 → 2019
Solvency
21.5%▲ 310.4pp
2018 · -288.9%
2018: -288.9%
2018 → 2019
Multi-year overview
Available amounts per fiscal year
Line20182019Trend
Turnover€7k
Equity€-19k-€348
Operating result€-22k-€19k
Net result€-23k-€19k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2018: €-22k€-22kNet result 2018: €-23k€-23kOperating result 2019: €19k€19kNet result 2019: €19k€19k20182019€-40k€-20k€0€20kOperating result 2018: €-22k€-22kNet result 2018: €-23k€-23kOperating result 2019: €19k€19kNet result 2019: €19k€19k20182019
The operating result returns to profit in 2019: €19k after a loss of €22k in 2018.
Balance-sheet composition
Equity and liabilities €2k
Equity €348
Debt €1k
Debt finances 78.5% of the balance-sheet total.
Key figures and ratios
2019 value · change against 2018
Debt ≤ 1 year
€1k
2018 · €6k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2019 against 2018 · 23 lines
Balance sheet Code20182019
Assets
Total assets20/58€7k€2k
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Current assets29/58€3k€2k
Amounts receivable within one year40/41€3k€2k
Cash at bank and in hand54/58€221-
Equity and liabilities
Total equity and liabilities10/49€7k€2k
Equity10/15€-19k€348
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-25k€-6k
Amounts payable17/49€26k€1k
Amounts payable after more than one year17€19k-
Amounts payable within one year42/48€6k€1k
Trade debts44€3k-
Income statement Code20182019
Turnover70-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€930-
Gross operating margin9900€-21k€30k
Operating profit (loss)9901€-22k€19k
Recurring financial charges65€268€11
Profit (loss) for the period before taxes9903€-23k€19k
Income taxes67/77€102-
Profit (loss) for the period9904€-23k€19k
Profit (loss) for the period to be appropriated9905€-23k€19k

Download as CSV

Timeline · acts, filings and financial milestones

2022
27-04
Bankruptcy Opening
Ondernemingsrechtbank Brussel · SUBTENO BV BISCHOFFS- HEIMLAAN 39/4, 1000 BRUSSEL 1 · event 19-04-2022
2021
27-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 300 days late
2019
31-12
Financial Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.27
Current ratio from 0.55 to 1.27; short-term debt falls from €6k to €1k.
16-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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
1 establishment unit since 2017
establishment The establishment unit on the map
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.

Ground area
808 m²
Building footprint
279 m²
Volume, LiDAR
6,467 m³
Parcel 21803C0630/00H003, Brussels · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Subteno
General electrical installation work
since 20172.261.844.911
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21803C0630/00H003 Brussels 808 m² 1 · 279 m² 26.6 m · 8 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 CHARLOTTE SAS
WOLSTRAAT 70 TWEED BUILDING, 1000 BRUSSEL 1
19-04-2022present

Similar companies · same sector, comparable size

Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 419 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 (pre-2019)
Founded30-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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