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BESANDO

Active
Private limited company (pre-2019)·Overige gespecialiseerde bouwactiviteiten, neg· 31 yrs active
Kwekerijstraat 101 ·2140 Antwerpen, Belgium
Open bankruptcy
KBO/BCE: BE 0453.527.854
Watch Print / PDF
Age31 yrs
Real estate1 parcel · 84 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for BESANDO according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €117k and a net result of €-13k.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
29-02-2024
Bankruptcy Opening
Date: 22-02-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BESANDO BV KWEKERIJ- STRAAT 101, 2140 BORGERHOUT (ANTWERPEN) · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 28-08-2023 28 d late 2023-00360278
31-12-2021 31-07-2022 24-10-2022 85 d late 2022-20470208
31-12-2020 31-07-2021 02-11-2021 94 d late 2021-75200555
31-12-2019 31-07-2020 28-10-2021 454 d late 2021-73700002
31-12-2018 31-07-2019 04-10-2019 65 d late 2019-68200454
31-12-2017 31-07-2018 27-08-2018 27 d late 2018-49700058
31-12-2016 31-07-2017 23-08-2018 388 d late 2018-48200240
31-12-2015 31-07-2016 14-02-2017 198 d late 2017-04300402
31-12-2014 31-07-2015 14-02-2017 564 d late 2017-04300401

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

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 Flags

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-13k
Working capital€117k-9.9%
Directors1

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 28-08-2023 with the NBB · fiscal year 2022 · micro
€-50k€0€50k€100kOperating result 2018: €-17k€-17kNet result 2018: €81k€81kOperating result 2019: €28k€28kNet result 2019: €102k€102kOperating result 2020: €7k€7kNet result 2020: €109k€109kOperating result 2021: €2k€2kNet result 2021: €3k€3kOperating result 2022: €-9k€-9kNet result 2022: €-13k€-13k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 84.5% 36.4%
better than 95% of 6533 sector peers
Net result €-13k €12k
better than 6% of 6518 sector peers
Equity €117k €26k
better than 90% of 6539 sector peers
Gross operating margin €-5k €32k
better than 5% of 6512 sector peers
Total assets €139k €86k
better than 67% of 6534 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P95
2020: P95 · n=16332021: P95 · n=35492022: P95 · n=65332020 2022
Stable position over 2020-2022 · n=1633-6533
Net result P6
2020: P49 · n=16262021: P29 · n=35402022: P6 · n=65182020 2022
Weakening position over 2020-2022 · n=1626-6518
Equity P90
2020: P81 · n=16352021: P89 · n=35522022: P90 · n=65392020 2022
Stable position over 2020-2022 · n=1635-6539
Gross operating margin P5
2020: P23 · n=16242021: P13 · n=35402022: P5 · n=65122020 2022
Weakening position over 2020-2022 · n=1624-6512
Describes the position versus peers, not a forecast.
EBITDA
€28k
- 18-22
Net profit
€-13k
- 18-22
Cash flow
€102k
+25.7% 18-22
Total assets
€139k
-5.8% 18-22
Equity
€117k
-9.9% 18-22
Working capital
€117k
-9.9% 18-22
Income taxes
€1k
-64.0% 18-22
Debt
€22k
+24.8% 18-22
Debt ≤ 1y
€22k
+24.8% 18-22
Current ratio
6.42
-24.6% 18-22
Quick ratio
6.42
-24.6% 18-22
Solvency
84.5%
-4.3% 18-22
Debt / equity
0.18
+38.5% 18-22
ROE
-11.0%
- 18-22
ROA
-9.3%
- 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA-
Net profit€-13k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€139k
Equity€117k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€117k
Employees (FTE)-
Ratios (computed)
2022
Current ratio6.42
Quick ratio6.42
Working capital ratio84.1%
Solvency84.5%
Debt / equity0.18
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-9.3%
ROE-11.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€139k
Fixed assets 21/28€555
Financial fixed assets 28€555
Current assets 29/58€138k
Amounts receivable within one year 40/41€138k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€139k
Equity 10/15€117k
Contributions / capital 10/11€12k
Reserves 13€6k
Accumulated profits (losses) 14€99k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€17k
Income statement
Gross operating margin 9900€-5k
Operating result 9901€-9k
Financial income 75€6k
Financial charges 65€10k
Result before taxes 9903€-13k
Net result for the period 9904€-13k
Result to be appropriated 9905€-13k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
2 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

1 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator THOMAS NICLAES
BRUSSELSTRAAT 7, 2000 ANTWERPEN 1
 22-02-2024 → present Belgian State Gazette

Legal Structure

NACE primary Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form Private limited company (pre-2019)(015)
Incorporation27-09-1994
StatusActive
Postal code2140
First BS signal 29-02-2024
Latest BS signal 29-02-2024

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Kwekerijstraat 1012140 Antwerpen

Establishment units

1 location
Kwekerijstraat 101, 2140 Antwerpen
het waterdicht maken van daken en dakterrassen
since 19942.069.294.763
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area84 m²
Buildings1
Building footprint84 m²
Volume (LiDAR)898 m³
Tallest building15.1 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
11312A0018/00Z010 Flanders 84 m² 1 · 84 m² 15.1 m · 4 fl.
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
29-02-2024
Bankruptcy Opening
Date: 22-02-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BESANDO BV KWEKERIJ- STRAAT 101, 2140 BORGERHOUT (ANTWERPEN) · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-02-29 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health2Profitability0Solvency100Growth52Stability0
31 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 2
Profitability 0
Solvency 100
Growth 52
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,966 of the 15,529 companies in this sector. 1,565 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige gespecialiseerde werkzaamheden in de bouw45250
Primary activity highlighted.
Names & trade names
Legal nameNL BESANDO
Registered office
Kwekerijstraat 101
2140 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.