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BE 0427.588.668Private limited company (pre-2019)Open bankruptcy
SPRL GEOLAND
Rue de Spa 49 ·4920 Aywaille, Belgium· 41 yrs active
Sector: Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
(95311)
Conclusion
A bankruptcy procedure is open for SPRL GEOLAND according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-163k) and a net result of €-183k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-163k |
| Net result | €-183k |
| Staff (FTE) | 1 |
| Active | 41 yrs |
Financial profile
34
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
36
Growth
32
Stability
0
Bankruptcy probability (12 mo)
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
50 / 100
High riskRegister: open bankruptcyThis 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
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 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
0
/ 100
Critical
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.
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 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-12-2021 with the NBB · fiscal year 2021 · micro
€-3k
-
19-21
€-183k
-3.5%
19-21
€-182k
-4.0%
19-21
€136k
+5.6%
19-21
€-163k
-4.0%
19-21
€-90k
-6.8%
19-21
1
-16.7%
19-21
€299k
+4.7%
19-21
Show 8 other metrics
€224k
+6.4%
19-21
€70k
0.0%
19-21
0.60
-0.2%
19-21
0.10
+18.4%
19-21
-119.4%
+1.5%
19-21
-0.43
+3.9%
19-21
112.6%
-0.4%
19-21
-134.4%
+2.0%
19-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-3k |
| Net profit | €-183k |
| Cash flow | €-182k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €136k |
| Equity | €-163k |
| Debt | €299k |
| of which ≤ 1y | €224k |
| of which > 1y | €70k |
| Working capital | €-90k |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.10 |
| Working capital ratio | -65.8% |
| Solvency | -119.4% |
| Debt / equity | -0.43 |
| Long-term debt ratio | -0.43 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -134.4% |
| ROE | 112.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €136k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €135k |
| Stocks & contracts in progress | 3 | €113k |
| Amounts receivable within one year | 40/41 | €17k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €136k |
| Equity | 10/15 | €-163k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-183k |
| Amounts payable | 17/49 | €299k |
| Amounts payable after one year | 17 | €70k |
| Amounts payable within one year | 42/48 | €224k |
| Trade debts payable within one year | 44 | €97k |
| Income statement | ||
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €9 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PIERRE-FRANCOIS BOURLET CHAUSSEE DU ROI
ALBERT 16, 4432 ALLEUR |
19-12-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)(95311) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 03-07-1985 |
| Status | Active |
| Postal code | 4920 |
| First insolvency signal | 28-12-2022 |
| Latest insolvency signal | 28-12-2022 |
Establishment units
Place du Marais 75 C, 4910 Theux
since 19852.027.953.858
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62098F0508/00F000 | Wallonia | 3,003 m² | 1 · 533 m² | 7.0 m · 2 fl. |
| 63044D1156/00C000 | Wallonia | 407 m² | 1 · 182 m² | 12.0 m · 3 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.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
28-12-2022
Bankruptcy
Opening
2021
25-12-2021
NBB filing
Annual accounts filed
21-01-2021
NBB filing
Annual accounts filed
2019
20-12-2019
NBB filing
Annual accounts filed
2018
28-12-2018
NBB filing
Annual accounts filed
2017
22-12-2017
NBB filing
Annual accounts filed
2016
22-12-2016
NBB filing
Annual accounts filed
2015
08-12-2015
NBB filing
Annual accounts filed
05-01-2015
NBB filing
Annual accounts filed
2013
09-12-2013
NBB filing
Annual accounts filed
2012
20-12-2012
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
28-12-2022
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311Onderhoud en reparatie van auto's50200Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Carrosserieherstelling45204Detailhandel in motorvoertuigen50103Verhuur van auto's71100Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110Carrosserieherstelling (inclusief spuiten en verven)95314
Primary activity highlighted.
Names & trade names
| Legal nameFR | SPRL GEOLAND |
Registered office
Rue de Spa 49
4920 Aywaille, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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