PRODEX
Open bankruptcyA bankruptcy procedure is open for PRODEX according to publications in the Belgian State Gazette; curator: MICHAEL WARSON.
Summary
The file additionally contains 1 judicial reorganisation. The 2017 annual accounts show equity of €25k and a net result of €12k.
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 30-09-2017 was due by 30-04-2018 and was filed on 28-05-2018, 28 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 filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, micro schema
Equity
€25k▲ 93.5%
2016 · €13k
2013: €-407
2014: €10k
2015: €11k
2016: €13k
2013 → 2017
Total assets
€150k▲ 477%
2016 · €26k
2013: €30k
2014: €10k
2015: €14k
2016: €26k
2013 → 2017
Net result
€12k▲ 436%
2016 · €2k
2013: €804
2014: €5k
2015: €571
2016: €2k
2013 → 2017
Working capital
€25k▲ 93.5%
2016 · €13k
2013: €-407
2015: €11k
2016: €13k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€-407-€10k€11k▲ 5.5%€13k▲ 20.0%€25k▲ 93.5%
Operating result€804-€5k▲ 468%€672▼ 85.3%€3k▲ 380%€13k▲ 303%
Net result€804-€5k▲ 468%€571▼ 87.5%€2k▲ 300%€12k▲ 436%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2015 the operating result has climbed two years in a row; 2017 is 303% above 2016 and is the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €150k
Equity
€25k ▲ 93.5%
Debt
€125k ▲ 865%
Debt's share of the balance-sheet total rises from 49.6% to 83.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.20▼
2016 · 2.01
ROE
48.3%▲
2016 · 17.4%
ROA
8.2%▼
2016 · 8.8%
Debt ≤ 1 year
€125k▲
2016 · €13k
Income taxes
€231
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 · 2017 against 2016 · 19 lines
Balance sheet
Code20162017
Assets
Total assets20/58€26k€150k▲
Current assets29/58€26k€150k▲
Amounts receivable within one year40/41€18k€146k▲
Cash at bank and in hand54/58€8k€133▼
Equity and liabilities
Total equity and liabilities10/49€26k€150k▲
Equity10/15€13k€25k▲
Contributions10/11€29k€29k=
Profit (loss) carried forward14€-15k€-3k▲
Amounts payable17/49€13k€125k▲
Amounts payable within one year42/48€13k€125k▲
Trade debts44€8k€48k▲
Income statement
Code20162017
Gross operating margin9900€136k€148k▲
Operating profit (loss)9901€3k€13k▲
Recurring financial income75-€119
Recurring financial charges65€941€643▼
Profit (loss) for the period before taxes9903€2k€12k▲
Income taxes67/77-€231
Profit (loss) for the period9904€2k€12k▲
Profit (loss) for the period to be appropriated9905€2k€12k▲
Timeline · acts, filings and financial milestones
2019
22-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 14-08-2019
05-03
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · amicable agreement · event 28-02-2019
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-09
Financial
Highest result since 2013net €12k ▲436%
Operating result €13k, net result €12k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-09
Financial
Weakest financial yearnet €571 ▼87.5%
Net result drops to €571, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
2014
30-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
05-01
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
21-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
30-04
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 89 days late
2009
27-02
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 27 days late
2008
18-02
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Lummen · 1 establishment unit since 2016
Ground area
618 m²
Building footprint
272 m²
Volume, LiDAR
1,436 m³
Parcel 71542B0622/00F000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PRODEX
since 20162.250.763.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71542B0622/00F000 | Flanders | 618 m² | 1 · 272 m² | 7.8 m · 2 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 | MICHAEL WARSON KUNSTLAAN 18 BUS 6,
3500 HASSELT |
14-08-2019 → present |
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,104 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 (pre-2019)
Founded04-01-2006
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.