CS
Bankruptcy closedSummary
CS was declared bankrupt on 13-03-2025 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 26-03-2026, published in the Belgian State Gazette on 01-04-2026. The 2023 annual accounts show negative equity (€-17k) and a net result of €-28k.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-17k
2022 · €11k
2018: €-11k
2019: €-375
2020: €8k
2021: €8k
2022: €11k
2018 → 2023
Total assets
€112k▼ 10.6%
2022 · €125k
2018: €171k
2019: €139k
2020: €138k
2021: €198k
2022: €125k
2018 → 2023
Net result
€-28k
2022 · €3k
2018: €-36k
2019: €11k
2020: €8k
2021: €475
2022: €3k
2018 → 2023
Working capital
€-29k▼ 585%
2022 · €-4k
2018: €-44k
2019: €-38k
2020: €-39k
2021: €41k
2022: €-4k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-375-€8k€8k▲ 6.1%€11k▲ 32.5%€-17k
Operating result€13k-€13k▲ 4.0%€4k▼ 73.7%€5k▲ 36.3%€-28k
Net result€11k-€8k▼ 23.7%€475▼ 94.2%€3k▲ 464%€-28k
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 2023: a loss of €28k after €5k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €112k
Fixed assets
€12k ▼ 54.6%
Current assets
€100k ▲ 0.9%
Key figures and ratios
EBITDA
€-14k▼
2022 · €21k
Cash flow
€-14k▼
2022 · €19k
Solvency
-15.1%▼
2022 · 8.7%
Current ratio
0.78▼
2022 · 0.96
Quick ratio
0.62▼
2022 · 0.96
Debt to equity
-7.62▼
2022 · 10.45
ROA
-24.9%▼
2022 · 2.1%
Interest coverage
-17.80▼
2022 · 37.74
Debt
€129k▲
2022 · €114k
Debt ≤ 1 year
€129k▲
2022 · €103k
Income taxes
€381▼
2022 · €2k
Staff costs
€39k▼
2022 · €60k
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€125k€112k▼
Fixed assets21/28€26k€12k▼
Tangible fixed assets22/27€25k€11k▼
Plant, machinery and equipment23€19k€9k▼
Furniture and vehicles24€6k€2k▼
Financial fixed assets28€450€450=
Current assets29/58€99k€100k▲
Stocks and contracts in progress3-€20k
Contracts in progress37-€20k
Amounts receivable within one year40/41€95k€71k▼
Trade receivables40€86k€61k▼
Other amounts receivable41€9k€10k▲
Cash at bank and in hand54/58€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€125k€112k▼
Equity10/15€11k€-17k▼
Contributions10/11€6k€6k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€174€-28k▼
Amounts payable17/49€114k€129k▲
Amounts payable within one year42/48€103k€129k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€15k€8k▼
Suppliers440/4€15k€8k▼
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€750-
Other amounts payable47/48€78k€115k▲
Accrued charges and deferred income492/3€11k-
Income statement
Code20222023
Non-recurring operating income76A€11k-
Remuneration, social security and pensions62€60k€39k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€14k▼
Other operating charges640/8€2k€221▼
Gross operating margin9900€83k€26k▼
Operating profit (loss)9901€5k€-28k▼
Financial income75/76B€300€972▲
Recurring financial income75€300€972▲
Financial charges65/66B€549€759▲
Recurring financial charges65€549€759▲
Profit (loss) for the period before taxes9903€5k€-27k▼
Income taxes67/77€2k€381▼
Profit (loss) for the period9904€3k€-28k▼
Profit (loss) for the period to be appropriated9905€3k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-28k▼
Profit (loss) brought forward from the previous period14P€174€174=
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · CS BV VILVOORDSEBAAN 26, 3071 ERPS-KWERPS · event 26-03-2026
2025
19-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · CS BV VILVOORDSEBAAN 26, 3071 ERPS-KWERPS · event 13-03-2025
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 135 days late
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.36
Current ratio from 0.61 to 1.36.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
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
Registered office, Kortenberg · 1 establishment unit since 2011
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.
Vilvoordsebaan 263071 KortenbergGround area
3,182 m²
Building footprint
343 m²
Volume, LiDAR
839 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CS Cars/Tuinen Nees/Shape Event
since 20112.203.516.039
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078B0379/00W000 | Flanders | 1,928 m² | 1 · 140 m² | 10.5 m · 2 fl. |
| 24025F0021/00C013 | Flanders | 1,254 m² | 1 · 203 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | LIES DEWAEL ZOUTLEEUWSTRAAT 52, 3404 ATTEN-
HOVEN |
13-03-2025 → 26-03-2026 |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 218 EUR awarded · 218 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 218 EUR | 218 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 2,519 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
Founded27-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
47761Retail sale of flowers, plants, seeds and fertilisers
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.