TARGET SERVICE
Open bankruptcyA bankruptcy procedure is open for TARGET SERVICE according to publications in the Belgian State Gazette; curator: Lise HEILPORN. The 2023 annual accounts show equity of €9k and a net result of €4k.
Signals
Four 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 31-12-2023 was due by 31-07-2024 and was filed on 05-08-2024, 5 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
5 d late
2022
196 d late
2021
30 d late
2020
254 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k
2021 · €-100
2019: €-19k
2020: €6k
2021: €-100
2019 → 2023
Working capital
€9k
2022 · €-6k
2019: €-12k
2020: €-6k
2021: €-6k
2022: €-6k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-656-€5k€5k▼ 2.0%€5k=€9k▲ 80.9%
Operating result€-19k-€6k€-100€4k
Net result€-19k-€6k€-100€4k
Result per fiscal year
Operating resultNet result
The operating result is €4k in 2023, compared with €-100 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €19k
Equity
€9k▲ 80.9%
Debt
€10k▲ 48.4%
The debt ratio falls from 56.3% to 51.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k
Cash flow
€16k
Solvency
48.6%▲
2022 · 43.7%
Current ratio
1.94▲
2022 · 0.00
Quick ratio
1.94▲
2022 · 0.00
Debt / equity
1.06▼
2022 · 1.29
ROE
44.7%
ROA
21.7%
Interest coverage
264.83
Debt
€10k▲
2022 · €6k
Debt ≤ 1 year
€10k▲
2022 · €6k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€12k€19k▲
Fixed assets21/28€12k€0▼
Tangible fixed assets22/27€12k€0▼
Furniture and vehicles24€12k€0▼
Current assets29/58€2€19k▲
Amounts receivable within one year40/41-€16k
Trade receivables40-€4k
Other amounts receivable41-€12k
Cash at bank and in hand54/58€2€3k▲
Equity and liabilities
Total equity and liabilities10/49€12k€19k▲
Equity10/15€5k€9k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-14k€-9k▲
Amounts payable17/49€6k€10k▲
Amounts payable within one year42/48€6k€10k▲
Taxes, remuneration and social security45€997€10k▲
Taxes450/3€997€10k▲
Other amounts payable47/48€5k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€12k
Other operating charges640/8-€845
Gross operating margin9900-€16k
Operating profit (loss)9901-€4k
Financial charges65/66B-€59
Recurring financial charges65-€59
Profit (loss) for the period before taxes9903-€4k
Profit (loss) for the period9904-€4k
Profit (loss) for the period to be appropriated9905-€4k
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-9k▲
Profit (loss) brought forward from the previous period14P€-14k€-14k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL TARGET SERVICE RUE DU CHAMP DE LA COURONNE 287, 1020 LAEKEN · event 21-05-2026
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 196 days late
2023
31-12
Financial
Liquidity times 6302current ratio 1.94
Current ratio from 0.00 to 1.94.
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
11-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 254 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
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
Registered office, Brussel · 1 establishment unit since 2018
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.
Kroonveldstraat 2871020 BrusselGround area
338 m²
Building footprint
186 m²
Volume, LiDAR
1,789 m³
2 parcels, Brussels · tallest building 15.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ransbeekstraat 205, 1120 Brussel
since 20182.279.624.714
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819B0055/00K004 | Brussels | 258 m² | 1 · 112 m² | 11.5 m · 3 fl. |
| 21816C0123/00D002indicative | Brussels | 80 m² | 1 · 74 m² | 15.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 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 | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
21-05-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
699400HBDFHSVRAOYS06
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 1,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-2018
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68122Development of non-residential building projects
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.