NEED-R
Open bankruptcyA bankruptcy procedure is open for NEED-R according to publications in the Belgian State Gazette; curator: Gerry VERSCHUREN.
Summary
The 2023 annual accounts show equity of €5k and a net result of €-3k.
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 31-12-2023 was due by 31-07-2024 and was filed on 17-08-2024, 17 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
17 d late
2022
211 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€5k▼ 34.9%
2022 · €8k
2022: €8k
2022 → 2023
Total assets
€82k▲ 90.3%
2022 · €43k
2022: €43k
2022 → 2023
Net result
€-3k▲ 65.0%
2022 · €-8k
2022: €-8k
2022 → 2023
Working capital
€-9k
2022 · €4k
2022: €4k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€8k-€5k▼ 34.9%
Operating result€-8k-€-531▲ 93.1%
Net result€-8k-€-3k▲ 65.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €531 in 2023 against €8k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €82k
Fixed assets
€15k ▲ 308%
Current assets
€67k ▲ 70.7%
Equity and liabilities €82k
Equity
€5k ▼ 34.9%
Debt
€77k ▲ 119%
Debt's share of the balance-sheet total rises from 81.4% to 93.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€686▲
2022 · €-6k
Cash flow
€-2k▲
2022 · €-7k
Current ratio
0.88▼
2022 · 1.13
Debt to equity
14.71▲
2022 · 4.38
ROE
-53.5%▲
2022 · -99.8%
ROA
-3.4%▲
2022 · -18.6%
Interest coverage
0.32▼
2022 · 479.49
Debt ≤ 1 year
€77k▲
2022 · €35k
Income taxes
€125▼
2022 · €295
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 · 39 lines
Balance sheet
Code20222023
Assets
Total assets20/58€43k€82k▲
Fixed assets21/28€4k€15k▲
Tangible fixed assets22/27€3k€12k▲
Plant, machinery and equipment23-€988
Furniture and vehicles24€3k€11k▲
Financial fixed assets28€138€2k▲
Current assets29/58€40k€67k▲
Amounts receivable within one year40/41€37k€65k▲
Trade receivables40€35k€56k▲
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€873€232▼
Equity and liabilities
Total equity and liabilities10/49€43k€82k▲
Equity10/15€8k€5k▼
Contributions10/11€16k€16k=
Profit (loss) carried forward14€-8k€-11k▼
Amounts payable17/49€35k€77k▲
Amounts payable within one year42/48€35k€77k▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€20k€49k▲
Suppliers440/4€20k€49k▲
Taxes, remuneration and social security45€10k€28k▲
Taxes450/3€10k€19k▲
Remuneration and social security454/9-€9k
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€5k€2k▼
Non-recurring operating charges66A€8k-
Gross operating margin9900€6k€2k▼
Operating profit (loss)9901€-8k€-531▲
Financial income75/76B€45€0▼
Recurring financial income75€45€0▼
Financial charges65/66B€-13€2k▲
Recurring financial charges65€-13€2k▲
Profit (loss) for the period before taxes9903€-8k€-3k▲
Income taxes67/77€295€125▼
Profit (loss) for the period9904€-8k€-3k▲
Profit (loss) for the period to be appropriated9905€-8k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-11k▼
Profit (loss) brought forward from the previous period14P-€-8k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · NEED-R BV TEMSELAAN 100A, 1853. GRIMBERGEN · event 21-04-2026
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 211 days late
SignalNBB filing
Directors · office · real estate
Directors
2 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 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.
Ground area
11.6 ha
Building footprint
5,400 m²
Volume, LiDAR
63,314 m³
2 parcels, Flanders, Wallonia · tallest building 19.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NEED-R
since 20222.330.828.341
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084B0061/00V000 | Flanders | 11.6 ha | 1 · 5,332 m² | 19.5 m · 3 fl. |
| 92302G0314/00X003 | Wallonia | 202 m² | 1 · 68 m² | 12.4 m · 4 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 | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
21-04-2026 → present |
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Of 1,187 companies in sector 77399 we hold annual accounts for 710. 143 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
Founded02-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
96210Hairdressing and barber services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.