VILLA CREA
Bankruptcy closedInactive since 08-06-2026; last annual accounts for fiscal year 2020.
Summary
VILLA CREA was declared bankrupt on 30-06-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 21-05-2024, published in the Belgian State Gazette on 29-05-2024.
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 29-10-2021, 90 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
90 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€381▼ 94.7%
2019 · €7k
2018: €7k
2019: €7k
2018 → 2020
Total assets
€27k▼ 6.8%
2019 · €28k
2018: €25k
2019: €28k
2018 → 2020
Net result
€-7k
2019 · €478
2018: €-6k
2019: €478
2018 → 2020
Working capital
€-3k
2019 · €6k
2018: €8k
2019: €6k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€7k-€7k▲ 7.1%€381▼ 94.7%
Operating result€-4k-€3k€-5k
Net result€-6k-€478€-7k
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 2020: a loss of €5k after €3k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €27k
Fixed assets
€4k ▼ 2.2%
Current assets
€22k ▼ 7.7%
Equity and liabilities €27k
Equity
€381 ▼ 94.7%
Debt
€26k ▲ 22.8%
Debt's share of the balance-sheet total rises from 74.8% to 98.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2019 · €9k
Cash flow
€-3k▼
2019 · €6k
Current ratio
0.89▼
2019 · 1.33
ROA
-25.6%▼
2019 · 1.7%
Debt ≤ 1 year
€25k▲
2019 · €18k
Debt > 1 year
€1k▼
2019 · €3k
Income taxes
€225▼
2019 · €2k
Equity ratios withheld: equity of €381 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 · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€28k€27k▼
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€4k€4k▼
Current assets29/58€24k€22k▼
Amounts receivable within one year40/41€20k€12k▼
Cash at bank and in hand54/58€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€28k€27k▼
Equity10/15€7k€381▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-5k€-12k▼
Amounts payable17/49€21k€26k▲
Amounts payable after more than one year17€3k€1k▼
Amounts payable within one year42/48€18k€25k▲
Trade debts44€3k€14k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Gross operating margin9900€26k€13k▼
Operating profit (loss)9901€3k€-5k▼
Recurring financial income75€6€135▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€2k€-7k▼
Income taxes67/77€2k€225▼
Profit (loss) for the period9904€478€-7k▼
Profit (loss) for the period to be appropriated9905€478€-7k▼
Timeline · acts, filings and financial milestones
2024
29-05
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · VILLA CREA SPRL RUE POTAARDE 126, 1082 BERCHEM-SAINTE-AGATHE. déclarée le 30 juin 2022 · event 21-05-2024
2022
06-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · VILLA CREA SPRL RUE POTAARDE 126, 1082 BERCHEM-SAINTE-AGATHE · event 30-06-2022
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-7k ▼1524%
Net result drops to €-7k, the lowest in the series.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-12
Financial
Back to profitnet €478
Net result €478 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 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, Sint-Agatha-Berchem
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.
Potaardestraat 1261082 Sint-Agatha-BerchemGround area
330 m²
Building footprint
54 m²
Volume, LiDAR
476 m³
Parcel 21003A0228/00T003, Brussels · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0228/00T003 | Brussels | 330 m² | 1 · 54 m² | 11.3 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 | VINCENT TERLINDEN Avenue Louise 349/16,
1050 BRUXELLES 5 |
30-06-2022 → 21-05-2024 |
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Of 6,653 companies in sector 90111 we hold annual accounts for 384. 34 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)
Founded02-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
56301Cafés and bars
59113Video and film production, excluding cinema and television films
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.