Active BE 0478.230.289Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerkOpen bankruptcy

HO +

Rue de Maire(FRY) 26 ·7503 Tournai, Belgium· 23 yrs active

Sector: Algemene bouw van residentiële gebouwen (41001)

Conclusion Checked

A bankruptcy procedure is open for HO + according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-13k) and a net result of €-43k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-13k
Net result	€-43k
Staff (FTE)	0.8
Active	23 yrs

Financial profile 4 of 5 axes measured · computed by Checked

28 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 100

Solvency 10

Growth -

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 2018 · computed

0 / 100 Critical

050100

Computed from 3 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 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 18-07-2019 with the NBB · fiscal year 2018 · micro

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	micro
Revenue	-
EBITDA	€10k
Net profit	€-43k
Cash flow	€-42k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€65k
Equity	€-13k
Debt	€78k
of which ≤ 1y	€78k
of which > 1y	-
Working capital	€-15k
Employees (FTE)	0.8

Ratios (computed)

	2018
Current ratio	0.81
Quick ratio	0.81
Working capital ratio	-22.8%
Solvency	-19.7%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-65.6%
ROE	332.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €2k · 3.2% Current assets €63k · 96.8%

Full annual accounts (21 line items)

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

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€65k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€1k
Financial fixed assets	28	€1k
Current assets	29/58	€63k
Amounts receivable within one year	40/41	€61k
Cash & bank	54/58	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€65k
Equity	10/15	€-13k
Contributions / capital	10/11	€29k
Reserves	13	€1k
Accumulated profits (losses)	14	€-43k
Amounts payable	17/49	€78k
Amounts payable within one year	42/48	€78k
Trade debts payable within one year	44	€11k
Income statement
Gross operating margin	9900	€53k
Operating result	9901	€10k
Financial charges	65	€1k
Result before taxes	9903	€8k
Net result for the period	9904	€8k
Result to be appropriated	9905	€8k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	AMANDINE LACROIX RUE DE L’ATHENEE 12, 7500 TOURNAI- . Date provisoire de cessation de paiement : 28/04/2020	28-04-2020 → present	Belgian State Gazette

Legal Structure

NACE primary	Algemene bouw van residentiële gebouwen(41001)
Legal form	Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk(508)
Incorporation	29-08-2002
Status	Active
Postal code	7503
First BS signal	07-05-2020
Latest BS signal	07-05-2020

Establishment units 1 location

Rue de Maire(FRY) 26, 7503 Tournai

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

since 20022.115.106.477

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57031C0028/00A003	Wallonia	2,594 m²	1 · 1,129 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 11 events

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

2020

07-05-2020

Bankruptcy Opening

Tribunal de l’entreprise du Hainaut, division Tournai · HO + SCRL RUE DE MAIRE 26, 7503 FROYENNES · event 28-04-2020

2019

18-07-2019