Verwarming BK
Open bankruptcyA bankruptcy procedure is open for Verwarming BK according to publications in the Belgian State Gazette; curator: JACQUES ARNAUTS-SMEETS.
Summary
The 2022 annual accounts show equity of €52k and a net result of €-2k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€52k▼ 4.4%
2021 · €54k
2018: €21k
2019: €32k
2020: €30k
2021: €54k
2018 → 2022
Total assets
€242k▲ 2.0%
2021 · €237k
2018: €67k
2019: €131k
2020: €190k
2021: €237k
2018 → 2022
Net result
€-2k
2021 · €24k
2018: €11k
2019: €12k
2020: €-2k
2021: €24k
2018 → 2022
Working capital
€48k▼ 4.6%
2021 · €51k
2018: €20k
2019: €28k
2020: €27k
2021: €51k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€21k-€32k▲ 56.2%€30k▼ 6.5%€54k▲ 81.0%€52k▼ 4.4%
Operating result€15k-€21k▲ 43.6%€-6k€48k€-2k
Net result€11k-€12k▲ 7.5%€-2k€24k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €2k after €48k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €242k
Fixed assets
€8k ▼ 42.8%
Current assets
€235k ▲ 4.7%
Equity and liabilities €242k
Equity
€52k ▼ 4.4%
Debt
€190k ▲ 4.0%
Debt's share of the balance-sheet total rises from 77.1% to 78.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2021 · €53k
Cash flow
€3k▼
2021 · €30k
Current ratio
1.26▼
2021 · 1.29
Debt to equity
3.66▲
2021 · 3.36
ROE
-4.6%▼
2021 · 44.7%
ROA
-1.0%▼
2021 · 10.3%
Interest coverage
0.35▼
2021 · 2.71
Debt ≤ 1 year
€186k▲
2021 · €174k
Debt > 1 year
€4k▼
2021 · €9k
Income taxes
€1k▼
2021 · €14k
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 · 2022 against 2021 · 50 lines
Balance sheet
Code20212022
Assets
Total assets20/58€237k€242k▲
Fixed assets21/28€13k€8k▼
Tangible fixed assets22/27€13k€8k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€9k€5k▼
Current assets29/58€224k€235k▲
Amounts receivable within one year40/41€214k€232k▲
Trade receivables40€32k€73k▲
Other amounts receivable41€183k€159k▼
Cash at bank and in hand54/58€8k€18▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€237k€242k▲
Equity10/15€54k€52k▼
Contributions10/11€6k€6k=
Reserves13€48k€48k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€0€-2k▼
Amounts payable17/49€183k€190k▲
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€174k€186k▲
Current portion of amounts payable after more than one year42€5k€4k▼
Financial debts43-€506
Credit institutions430/8-€506
Trade debts44€51k€96k▲
Suppliers440/4€51k€96k▲
Taxes, remuneration and social security45€35k€21k▼
Taxes450/3€35k€21k▼
Other amounts payable47/48€83k€65k▼
Accrued charges and deferred income492/3€819€62▼
Income statement
Code20212022
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€4k€9k▲
Gross operating margin9900€57k€12k▼
Operating profit (loss)9901€48k€-2k▼
Financial income75/76B€10k€12k▲
Recurring financial income75€10k€12k▲
Financial charges65/66B€20k€11k▼
Recurring financial charges65€20k€11k▼
Profit (loss) for the period before taxes9903€38k€-1k▼
Income taxes67/77€14k€1k▼
Profit (loss) for the period9904€24k€-2k▼
Profit (loss) for the period to be appropriated9905€24k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€-2k▼
Profit (loss) brought forward from the previous period14P€-2k€0▲
Transfer to equity691/2€22k€0▼
To other reserves6921€22k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · VERWARMING BK BV ANDER- LECHTSESTEENWEG 154, 1000 BRUSSEL 1 · event 31-12-2024
2024
01-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 93 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-2k ▼110%
Net result drops to €-2k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · 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 2013
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
63 m²
Building footprint
55 m²
Volume, LiDAR
1,078 m³
Parcel 21810L2428/00C000, Brussels · tallest building 21.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Verwarming BK
since 20132.217.380.012
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21810L2428/00C000 | Brussels | 63 m² | 1 · 55 m² | 21.8 m · 7 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 | JACQUES ARNAUTS-SMEETS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
31-12-2024 → present |
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,970 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
Founded12-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.