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SSHT

Bankruptcy
Private limited company (pre-2019)founded 2009KBO/BCE: BE 0810.739.559
Summary

The KBO register records for SSHT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2011 annual accounts show equity of €169k and a net result of €34k.

Signals

1 signal.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2011, full schema

Turnover
€9.72M
EBIT margin
0.6%
Net result
€34k▼ 70.2%
2010 · €112k
2010: €-1.00M 2010: €112k
2010 → 2011
Working capital
€1.37M▲ 917%
2010 · €135k
2010: €-978k 2010: €135k
2010 → 2011
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201020102011Trend
Turnover€9.72M
Equity€-977k-€135k€169k▲ 24.8%
Operating result€-997k-€116k€57k▼ 51.2%
Net result€-1.00M-€112k€34k▼ 70.2%
Result per fiscal year
Operating resultNet result
€-1.50M€-1.00M€-500k€0Operating result 2010: €-997k€-997kNet result 2010: €-1.00M€-1.00MOperating result 2010: €116k€116kNet result 2010: €112k€112kOperating result 2011: €57k€57kNet result 2011: €34k€34k201020102011€-1.5M€-1M€-500k€0Operating result 2010: €-997k€-997kNet result 2010: €-1.00M€-1MOperating result 2010: €116k€116kNet result 2010: €112k€112kOperating result 2011: €57k€57kNet result 2011: €34k€34k201020102011
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €6.72M
Fixed assets €110k ▲ 28,735%
Current assets €6.61M ▲ 904%
Equity and liabilities €6.72M
Equity €169k ▲ 24.8%
Debt €6.55M ▲ 1,151%
Debt's share of the balance-sheet total rises from 79.5% to 97.5%. Equity and debt are higher.
Key figures and ratios
2011 value · change against 2010
EBITDA
€84k▼
2010 · €117k
Cash flow
€61k▼
2010 · €113k
Current ratio
1.26▲
2010 · 1.26
Quick ratio
0.83▼
2010 · 1.26
Debt to equity
2.06
ROE
19.9%▼
2010 · 83.2%
ROA
0.5%▼
2010 · 17.1%
Debt ≤ 1 year
€5.24M▲
2010 · €523k
Debt > 1 year
€348k
Income taxes
€87
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 · 2011 against 2010 · 26 lines
Balance sheet Code20102011
Assets
Total assets20/58€658k€6.72M▲
Formation expenses20€380€190▼
Fixed assets21/28€380€110k▲
Intangible fixed assets21-€109k
Current assets29/58€658k€6.61M▲
Stocks and contracts in progress3-€2.25M
Amounts receivable within one year40/41€314k€3.64M▲
Cash at bank and in hand54/58€219k€432k▲
Equity and liabilities
Total equity and liabilities10/49€658k€6.72M▲
Equity10/15€135k€169k▲
Contributions10/11€1.03M€1.03M=
Profit (loss) carried forward14€-890k€-856k▲
Amounts payable17/49€523k€6.55M▲
Amounts payable after more than one year17-€348k
Amounts payable within one year42/48€523k€5.24M▲
Trade debts44€261k€5.09M▲
Income statement Code20102011
Turnover70-€9.72M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€190€28k▲
Gross operating margin9900€177k€246k▲
Operating profit (loss)9901€116k€57k▼
Recurring financial income75€418€6k▲
Recurring financial charges65€4k€29k▲
Profit (loss) for the period before taxes9903€112k€34k▼
Income taxes67/77-€87
Profit (loss) for the period9904€112k€34k▼
Profit (loss) for the period to be appropriated9905€112k€34k▼

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Timeline · acts, filings and financial milestones

2012
31-10
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 92 days late
2011
31-12
Financial Equity above €150kEq €169k ▲24.8%
2 profitable years in a row build equity to €169k.
31-03
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial Back to profitnet €112k
Net result €112k after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 1.26
Current ratio from 0.36 to 1.26; short-term debt falls from €1.52M to €523k.
31-12
Financial Equity above €100kEq €135k
Equity rises from €-977k to €135k.
Financial 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.

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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, Oudergem · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
3,386 m²
Volume, LiDAR
101,045 m³
2 parcels, Brussels · tallest building 49.8 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
SSHT
Activities of head offices; management consultancy activities
since 20092.178.392.940
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21002A0169/00V005 Brussels 7,708 m² 1 · 711 m² 21.9 m · 6 fl.
21908E0256/00N004 Brussels 4,946 m² 1 · 2,675 m² 49.8 m · 12 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.

Similar companies · same sector, comparable size

Of 4,571 companies in sector 82300 we hold annual accounts for 1,672. 1,262 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)
Founded27-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.