SUCRE D'ORGE
Bankruptcy closedSummary
SUCRE D'ORGE was declared bankrupt on 02-06-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 21-05-2024, published in the Belgian State Gazette on 29-05-2024. The 2020 annual accounts show negative equity (€-12k) and a net result of €-43k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-10-2021, 88 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
88 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-12k
2019 · €31k
2018: €33k
2019: €31k
2018 → 2020
Total assets
€30k▼ 64.4%
2019 · €86k
2018: €68k
2019: €86k
2018 → 2020
Net result
€-43k▼ 1,843%
2019 · €-2k
2018: €20k
2019: €-2k
2018 → 2020
Working capital
€-17k
2019 · €25k
2018: €25k
2019: €25k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€33k-€31k▼ 6.8%€-12k
Operating result€30k-€-32€-42k▼ 131,176%
Net result€20k-€-2k€-43k▼ 1,843%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2020 against €32 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €30k
Fixed assets
€5k ▼ 14.3%
Current assets
€25k ▼ 68.1%
Key figures and ratios
EBITDA
€-40k▼
2019 · €2k
Cash flow
€-41k▼
2019 · €-256
Solvency
-40.9%▼
2019 · 35.6%
Current ratio
0.59▼
2019 · 1.45
Quick ratio
0.54▼
2019 · 1.40
ROA
-141.1%▼
2019 · -2.6%
Debt
€43k▼
2019 · €55k
Debt ≤ 1 year
€43k▼
2019 · €55k
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€86k€30k▼
Fixed assets21/28€6k€5k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€6k€5k▼
Financial fixed assets28€160€160=
Current assets29/58€80k€25k▼
Stocks and contracts in progress3€3k€2k▼
Amounts receivable within one year40/41€68k€20k▼
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€86k€30k▼
Equity10/15€31k€-12k▼
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Profit (loss) carried forward14€-2k€-45k▼
Amounts payable17/49€55k€43k▼
Amounts payable within one year42/48€55k€43k▼
Trade debts44€40k€34k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Gross operating margin9900€39k€-29k▼
Operating profit (loss)9901€-32€-42k▼
Recurring financial income75€43€6▼
Recurring financial charges65€4k€615▼
Profit (loss) for the period before taxes9903€-2k€-43k▼
Profit (loss) for the period9904€-2k€-43k▼
Profit (loss) for the period to be appropriated9905€-2k€-43k▼
Timeline · acts, filings and financial milestones
2024
29-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SUCRE D’ORGE SPRL AVENUE LOUISE 209/7, 1050 IXELLES. déclarée le 2 juin 2022 · event 21-05-2024
2022
09-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SUCRE D’ORGE SPRL AVENUE LOUISE 209/7, 1050 IXELLES · event 02-06-2022
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 142 days late
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
2015
19-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
12-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
15-06
NBB filing
Annual accounts filed
fiscal year 2011 · full 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 2008
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
797 m²
Building footprint
796 m²
Volume, LiDAR
16,889 m³
2 parcels, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
SUCRE D'ORGE SPRL
since 20082.168.642.163
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
| 21362B0036/00Y008 | Brussels | 97 m² | 1 · 96 m² | 15.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | VINCENT TERLINDEN Avenue Louise 349/16,
1050 BRUXELLES 5 |
02-06-2022 → 21-05-2024 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2008
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:michelberthels@yahoo.fr
Phone:0475/631708