KRISTI'S SELECTIONS
Open bankruptcyA bankruptcy procedure is open for KRISTI'S SELECTIONS according to publications in the Belgian State Gazette; curator: CHARLES-HENRI SPRINGUEL.
Summary
The 2021 annual accounts show negative equity (€-66k) and a net result of €14k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-08-2022, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
25 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-66k▲ 17.8%
2020 · €-81k
2018: €-121k
2019: €-91k
2020: €-81k
2018 → 2021
Total assets
€14k▲ 50.7%
2020 · €9k
2018: €10k
2019: €20k
2020: €9k
2018 → 2021
Net result
€14k▲ 40.2%
2020 · €10k
2018: €3k
2019: €30k
2020: €10k
2018 → 2021
Working capital
€-76k▲ 9.8%
2020 · €-84k
2018: €-121k
2019: €-98k
2020: €-84k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-121k-€-91k▲ 24.6%€-81k▲ 11.2%€-66k▲ 17.8%
Operating result€4k-€44k▲ 1,039%€14k▼ 68.5%€15k▲ 7.8%
Net result€3k-€30k▲ 1,036%€10k▼ 65.6%€14k▲ 40.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 8% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €14k
Fixed assets
€10k ▲ 169%
Current assets
€4k ▼ 26.1%
Key figures and ratios
EBITDA
€19k▲
2020 · €17k
Cash flow
€19k▲
2020 · €14k
Solvency
-481.9%▲
2020 · -882.9%
Current ratio
0.05▼
2020 · 0.06
Debt to equity
-1.21
ROA
104.1%▼
2020 · 111.8%
Interest coverage
179.45
Debt
€80k▼
2020 · €90k
Debt ≤ 1 year
€80k▼
2020 · €90k
Income taxes
€5k▲
2020 · €3k
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 · 2021 against 2020 · 35 lines
Balance sheet
Code20202021
Assets
Total assets20/58€9k€14k▲
Fixed assets21/28€4k€10k▲
Intangible fixed assets21-€10k
Tangible fixed assets22/27€4k€0▼
Current assets29/58€6k€4k▼
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40-€2k
Other amounts receivable41-€111
Cash at bank and in hand54/58€718€1k▲
Deferred charges and accrued income490/1-€381
Equity and liabilities
Total equity and liabilities10/49€9k€14k▲
Equity10/15€-81k€-66k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-105k€-91k▲
Amounts payable17/49€90k€80k▼
Amounts payable within one year42/48€90k€80k▼
Trade debts44€21€534▲
Suppliers440/4-€534
Taxes, remuneration and social security45-€9k
Taxes450/3-€9k
Other amounts payable47/48-€71k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8-€439
Gross operating margin9900€18k€19k▲
Operating profit (loss)9901€14k€15k▲
Financial income75/76B-€5k
Recurring financial income75-€5k
Financial charges65/66B-€106
Recurring financial charges65€90€106▲
Profit (loss) for the period before taxes9903€13k€20k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€10k€14k▲
Profit (loss) for the period to be appropriated9905€10k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-91k
Profit (loss) brought forward from the previous period14P-€-105k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
08-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · KRISTI’S SELECTIONS SRL RUE DU PRE AUX OIES 314, 1130 HAREN · event 04-03-2024
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €30k ▲1036%
Operating result €44k, net result €30k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
SignalFinancial 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
1 establishment unit since 1991
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.
Ground area
2,976 m²
Building footprint
365 m²
Volume, LiDAR
3,509 m³
2 parcels, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KRISTI'S SELECTIONS
since 19912.054.774.952
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0188/00E000 | Brussels | 2,651 m² | 1 · 237 m² | 7.6 m · 2 fl. |
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 fl. |
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 | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349,
1050 IXELLES |
04-03-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-10-1991
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.