Active BE 0453.595.259Public limited companyOpen bankruptcy

RESIDENCE BACCARA

Rue des Combattants 6 ·4300 Waremme, Belgium· 31 yrs active

Conclusion Checked

A bankruptcy procedure is open for RESIDENCE BACCARA according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-165k) and a net result of €-558k.

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

Key figures

Equity	€-165k
Net result	€-558k
Active	31 yrs
Locations	1

Financial profile 4 of 5 axes measured · computed by Checked

25 / 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 0

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

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 Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2018 · computed

0 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 22-08-2019 with the NBB · fiscal year 2018 · volledig

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	volledig
Revenue	-
EBITDA	€-9k
Net profit	€-558k
Cash flow	€-539k
Staff costs	-
Income taxes	€139k
Dividends	-
Total assets	€224k
Equity	€-165k
Debt	€241k
of which ≤ 1y	€241k
of which > 1y	-
Working capital	€-241k
Employees (FTE)	-

Ratios (computed)

	2018
Current ratio	0.00
Quick ratio	0.00
Working capital ratio	-107.5%
Solvency	-73.5%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-249.3%
ROE	339.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €224k · 100.0% Current assets €55 · 0.0%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€224k
Fixed assets	21/28	€224k
Tangible fixed assets	22/27	€222k
Financial fixed assets	28	€2k
Current assets	29/58	€55
Cash & bank	54/58	€55
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€224k
Equity	10/15	€-165k
Contributions / capital	10/11	€62k
Reserves	13	€314k
Accumulated profits (losses)	14	€-541k
Provisions & deferred taxes	16	€148k
Amounts payable	17/49	€241k
Amounts payable within one year	42/48	€241k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€-2k
Operating result	9901	€-28k
Financial income	75	€11k
Financial charges	65	€29k
Result before taxes	9903	€-46k
Income taxes	67/77	€139k
Net result for the period	9904	€-185k
Result to be appropriated	9905	€-185k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	PIERRE MACHIELS RUE DES CROISIERS 15, 4500 HUY-	14-10-2019 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	10-10-1994
Status	Active
Postal code	4300
First BS signal	18-10-2019
Latest BS signal	18-10-2019

Establishment units 1 location

RESIDENCE BACCARA

Rue des Combattants 6, 4300 WaremmeRust- en verzorgingstehuizen

since 19952.071.831.314

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
64074C0894/00W002	Wallonia	439 m²	1 · 148 m²	12.7 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2019

18-10-2019

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · RESIDENCE BACCARA SA RUE DES COMBATTANTS 6, 4300 WAREMME · event 14-10-2019

22-08-2019