Summary
CERCLE DE WALLONIE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2010 annual accounts show equity of €16k and a net result of €15k. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2010 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2010 · tick = 2009
Profitability42▲+6
Solvency27▲+2
Growth78
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2010Solvency, return and age of the figures
Solvency
1.9%
Return on assets
1.8%
Age of the figures
189 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2010. Since then, 15 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2011 close31-07-2012 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 09-08-2011, 9 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2010, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2009 · €-3k
2009: €-3k
2009 → 2010
Working capital
€16k▲ 1,116%
2009 · €1k
2009: €1k
2009 → 2010
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010Trend
Equity€1k-€16k▲ 1,116%
Operating result€-4k-€15k
Net result€-3k-€15k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2010: €15k after a loss of €4k in 2009.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Equity and liabilities €830k
Equity
€16k ▲ 1,116%
Debt
€813k ▲ 31.0%
Debt's share of the balance-sheet total falls from 99.8% to 98.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.02▲
2009 · 1.00
ROE
91.8%▲
2009 · -248.2%
ROA
1.8%▲
2009 · -0.5%
Debt ≤ 1 year
€813k▲
2009 · €621k
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 · 2010 against 2009 · 16 lines
Balance sheet
Code20092010
Assets
Total assets20/58€622k€830k▲
Current assets29/58€622k€830k▲
Amounts receivable within one year40/41€437k€770k▲
Cash at bank and in hand54/58€186k€59k▼
Equity and liabilities
Total equity and liabilities10/49€622k€830k▲
Equity10/15€1k€16k▲
Profit (loss) carried forward14€1k€16k▲
Amounts payable17/49€621k€813k▲
Amounts payable within one year42/48€621k€813k▲
Trade debts44€265k€359k▲
Income statement
Code20092010
Gross operating margin9900€1k€15k▲
Operating profit (loss)9901€-4k€15k▲
Recurring financial income75€1k€101▼
Recurring financial charges65-€947
Profit (loss) for the period before taxes9903€-3k€14k▲
Profit (loss) for the period9904€-3k€15k▲
Timeline · acts, filings and financial milestones
2011
09-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 9 days late
2010
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Namur
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.
Avenue d'Ecolys(RH) 25020 NamurGround area
3.4 ha
Building footprint
6,467 m²
Parcel 92120F0142/00A000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92120F0142/00A000 | Wallonia | 3.4 ha | 1 · 6,467 m² | - |
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.
Similar companies · same sector, comparable size
MVrental
BE 1028.623.335
Tessenderlo-Ham · Eq €16,112
JH SOUND DESIGN
BE 0735.342.449
Vorst · Eq €16,101
SPARKLING
BE 0872.557.659
Sint-Genesius-Rode · Eq €16,179
LIGHT SUPPORT
BE 1008.672.217
Wellen · Eq €16,076
dBram
BE 0761.641.129
Izegem · Eq €16,262
Of 3,396 companies in sector 90393 we hold annual accounts for 940. 575 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 formNon-profit association
Founded20-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.