KS TRADE
Open bankruptcyA bankruptcy procedure is open for KS TRADE according to publications in the Belgian State Gazette; curator: MARC LEEMANS.
Summary
The 2023 annual accounts show equity of €17k and a net result of €-16k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-06-2024, 57 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
57 d early
2022
55 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€17k▼ 24.8%
2022 · €23k
2022: €23k
2022 → 2023
Total assets
€56k▲ 58.9%
2022 · €35k
2022: €35k
2022 → 2023
Net result
€-16k
2022 · €3k
2022: €3k
2022 → 2023
Working capital
€4k▼ 83.2%
2022 · €23k
2022: €23k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€23k-€17k▼ 24.8%
Operating result€3k-€-14k
Net result€3k-€-16k
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 €14k after €3k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €56k
Fixed assets
€13k
Current assets
€43k
Equity and liabilities €56k
Equity
€17k ▼ 24.8%
Debt
€39k ▲ 210%
Debt's share of the balance-sheet total rises from 35.7% to 69.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k
Cash flow
€-15k
Current ratio
1.10▼
2022 · 2.80
Quick ratio
0.88▼
2022 · 0.95
Debt to equity
2.29▲
2022 · 0.56
ROE
-91.9%▼
2022 · 11.3%
ROA
-28.0%▼
2022 · 7.2%
Interest coverage
-12.10
Debt ≤ 1 year
€39k▲
2022 · €13k
Staff costs
€5k
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 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€35k€56k▲
Fixed assets21/28-€13k
Tangible fixed assets22/27-€6k
Plant, machinery and equipment23-€6k
Financial fixed assets28-€8k
Current assets29/58€35k€43k▲
Stocks and contracts in progress3€23k€8k▼
Stocks30/36€23k€8k▼
Amounts receivable within one year40/41€8k€30k▲
Trade receivables40€8k-
Other amounts receivable41-€30k
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1-€550
Equity and liabilities
Total equity and liabilities10/49€35k€56k▲
Equity10/15€23k€17k▼
Contributions10/11€20k€30k▲
Profit (loss) carried forward14€3k€-13k▼
Amounts payable17/49€13k€39k▲
Amounts payable within one year42/48€13k€39k▲
Trade debts44-€9k
Suppliers440/4-€9k
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€1k€10k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€3k€20k▲
Income statement
Code20222023
Remuneration, social security and pensions62-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€23k
Other operating charges640/8-€1k
Gross operating margin9900€3k€16k▲
Operating profit (loss)9901€3k€-14k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€10€3k▲
Recurring financial charges65€10€1k▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€3k€-16k▼
Income taxes67/77€638-
Profit (loss) for the period9904€3k€-16k▼
Profit (loss) for the period to be appropriated9905€3k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-13k▼
Profit (loss) brought forward from the previous period14P-€3k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KS TRADE BV FRANK- RIJKLEI 42, 2000 ANTWERPEN 1 · event 28-11-2024
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
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, Antwerpen · 1 establishment unit since 2022
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.
Frankrijklei 422000 AntwerpenGround area
173 m²
Building footprint
173 m²
Volume, LiDAR
3,906 m³
Parcel 11803C0480/00A004, Flanders · tallest building 27.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
7eavencandy
since 20222.332.956.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0480/00A004 | Flanders | 173 m² | 1 · 172 m² | 27.6 m · 8 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC LEEMANS PLANTINKAAI 24,
2000 ANTWERPEN 1 |
28-11-2024 → present |
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Of 1,641 companies in sector 46170 we hold annual accounts for 671. 399 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
Founded13-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.