Active BE 0847.041.711Private limited company (pre-2019)Open bankruptcy

Wasabi 3.0

Borsbeeksebrug 1 ·2600 Antwerpen, Belgium· 14 yrs active

Sector: Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten (62200)

Conclusion Checked

A bankruptcy procedure is open for Wasabi 3.0 according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-308k) and a net result of €-248k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-308k
Net result	€-248k
Staff (FTE)	1
Better than sector	5%

Financial profile 5 of 5 axes measured · computed by Checked

34 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 39

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview9 NBB filings

Annual accounts filed on 17-06-2022 with the NBB · fiscal year 2021 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-84.8%	39.3%	better than 5% of 204 sector peers
Net result	€-248k	€17k	better than 10% of 204 sector peers
Equity	€-308k	€109k	better than 5% of 205 sector peers
Gross operating margin	€-232k	€122k	better than 5% of 204 sector peers
Staff costs	€1k	€286k	higher than 5% of 98 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-234k

- 20-21

Net profit

€-248k

-276.9% 20-21

Cash flow

€-248k

- 20-21

Total assets

€363k

+72.2% 20-21

Equity

€-308k

-416.0% 20-21

Working capital

€-112k

-210.5% 20-21

Employees (FTE)

1

- 20-21

Staff costs

€1k

- 20-21

Show 9 other metrics

Debt

€671k

+148.0% 20-21

Debt ≤ 1y

€468k

+89.7% 20-21

Current ratio

0.76

-10.9% 20-21

Quick ratio

0.76

-10.9% 20-21

Solvency

-84.8%

-199.6% 20-21

Debt / equity

-2.18

- 20-21

ROE

80.6%

-27.0% 20-21

ROA

-68.4%

-118.8% 20-21

Interest coverage

-16.43

- 20-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	verkort
Revenue	-
EBITDA	€-234k
Net profit	€-248k
Cash flow	€-248k
Staff costs	€1k
Income taxes	-
Dividends	-
Total assets	€363k
Equity	€-308k
Debt	€671k
of which ≤ 1y	€468k
of which > 1y	-
Working capital	€-112k
Employees (FTE)	1.0

Ratios (computed)

	2021
Current ratio	0.76
Quick ratio	0.76
Working capital ratio	-30.8%
Solvency	-84.8%
Debt / equity	-2.18
Long-term debt ratio	-
Interest coverage	-16.43
Gross margin	-
Net margin	-
ROA	-68.4%
ROE	80.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €7k · 1.8% Current assets €357k · 98.2%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€363k
Fixed assets	21/28	€7k
Intangible fixed assets	21	€7k
Current assets	29/58	€357k
Amounts receivable within one year	40/41	€17k
Cash & bank	54/58	€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€363k
Equity	10/15	€-308k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-314k
Amounts payable	17/49	€671k
Amounts payable within one year	42/48	€468k
Trade debts payable within one year	44	€69k
Income statement
Gross operating margin	9900	€-232k
Operating result	9901	€-234k
Financial income	75	€431
Financial charges	65	€14k
Result before taxes	9903	€-248k
Net result for the period	9904	€-248k
Result to be appropriated	9905	€-248k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	INGE VAN GOETHEM VERDUSSENSTRAAT 29, 2018 ANTWERPEN 1	14-07-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200)
Legal form	Private limited company (pre-2019)(015)
Incorporation	29-06-2012
Status	Active
Postal code	2600
First BS signal	20-07-2022
Latest BS signal	20-07-2022

Establishment units 1 location

Media Mirror België

Borsbeeksebrug 1, 2600 AntwerpenOverige activiteiten op het gebied van drukwerk

since 20122.210.593.970

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11302A0095/00P005	Flanders	1.1 ha	1 · 1,645 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

20-07-2022

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · WASABI 3.0 BVBA BORSBEEK- SEBRUG 1, 2600 BERCHEM (ANTWERPEN) · event 14-07-2022

17-06-2022