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NAME PROJECTS

Active
Private limited company·Catering van evenementen· 10 yrs active
Oude Graanmarkt 23 ·1000 Brussel, Belgium
Open bankruptcy
KBO/BCE: BE 0656.539.154
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Age10 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for NAME PROJECTS according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-17k) and a net result of €-41k.

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

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
28-11-2023
Bankruptcy Opening
Date: 21-11-2023 · Ondernemingsrechtbank Brussel · NAME PROJECTS BV OUDE GRAANMARKT 23/2, 1000 BRUSSEL · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2021, that is 31-07-2022.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2021 31-07-2022 20-05-2023 293 d late 2023-00090332

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

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 Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-41k
Working capital€-35k
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 20-05-2023 with the NBB · fiscal year 2021 · micro
Sector comparison
Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -39.0% 23.4%
better than 19% of 2087 sector peers
Net result €-41k €4k
better than 6% of 2082 sector peers
Equity €-17k €14k
better than 19% of 2094 sector peers
Gross operating margin €-32k €31k
better than 5% of 2070 sector peers
Staff costs €3k €27k
higher than 16% of 1314 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2021
Depositmicro
Revenue-
EBITDA€-36k
Net profit€-41k
Cash flow€-36k
Staff costs€3k
Income taxes-
Dividends-
Total assets€43k
Equity€-17k
Debt€60k
of which ≤ 1y€60k
of which > 1y-
Working capital€-35k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.41
Quick ratio0.41
Working capital ratio-82.2%
Solvency-39.0%
Debt / equity-3.57
Long-term debt ratio-
Interest coverage-83.47
Gross margin-
Net margin-
ROA-96.6%
ROE247.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€43k
Fixed assets 21/28€19k
Intangible fixed assets 21€4k
Tangible fixed assets 22/27€9k
Financial fixed assets 28€6k
Current assets 29/58€24k
Amounts receivable within one year 40/41€16k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€43k
Equity 10/15€-17k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€-18k
Amounts payable 17/49€60k
Amounts payable within one year 42/48€60k
Trade debts payable within one year 44€27k
Income statement
Gross operating margin 9900€-32k
Operating result 9901€-41k
Financial income 75€8
Financial charges 65€429
Result before taxes 9903€-41k
Net result for the period 9904€-41k
Result to be appropriated 9905€-41k
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

5 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator Johan MOMMAERTS
PEGASUSLAAN 5, 1831 DIEGEM-
21-11-2023 → present Belgian State Gazette

Legal Structure

NACE primary Catering van evenementen(56210)
Legal form Private limited company(610)
Incorporation09-06-2016
StatusActive
Postal code1000
First BS signal 28-11-2023
Latest BS signal 28-11-2023

Structure & network

Company structure: linked entities

1 linked entity
NAME PROJECTSBE 0656.539.154Johan MOMMAERTSReceiver ↔ 166GLOBAL AVIATION S…BLYE MENSEDE PROF A&J
Mandates
1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Locations & real estate

Establishment units

1 location
CECILE
Baksteenkaai 48/52, 1000 BrusselCatering van evenementen
since 20162.263.608.727
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area367 m²
Buildings2
Building footprint237 m²
Volume (LiDAR)3,087 m³
Tallest building18.6 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21812N0409/00M000 Brussels 249 m² 1 · 118 m² 18.6 m · 4 fl.
21811M0715/00F000 Brussels 118 m² 1 · 119 m² 18.1 m · 5 fl.
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
28-11-2023
Bankruptcy Opening
Date: 21-11-2023 · Ondernemingsrechtbank Brussel · NAME PROJECTS BV OUDE GRAANMARKT 23/2, 1000 BRUSSEL · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-11-28 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency33Growth-Stability0
33 / 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 33
Growth -
Stability 0

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Catering56210Catering van evenementen56210Hotels en dergelijke accommodatie55100Hotels en dergelijke accommodatie55100Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL NAME PROJECTS
Registered office
Oude Graanmarkt 23 bus 2
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.