Bankrupt · Opening faillissement (CBE)

ROAD SIGNS PROJECTS

BE0422067982

Rechtspersoon Public limited company 1 establishment

ROAD SIGNS PROJECTS is registered with the CBE as active in: Vervaardiging van locomotieven en ander rollend materieel voor spoorwegen. Public Limited, started on 7 November 1981, 1 establishment.

Industrielaan(Heu) 15, 8501 Kortrijk

Start date

7 November 1981

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 53 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ROAD SIGNS PROJECTS from Kortrijk, company number BE0422067982, closed financial year 2022 with a result of € -299,160 after tax. For that financial year ROAD SIGNS PROJECTS recorded a gross margin of € 102,101 and equity of € -143,494. Compared with financial year 2021, the result moved from € 18,961 to € -299,160. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 17, 2023.

What it is worth Caution

€ -143,494

▼ € 299,160 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -299,160

▼ still € 18,961 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 3,294

▼ 24% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -366,694.

People and assets in 2022

Full-time equivalents

2.5

▲ 0.5 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 66,198

▲ 32% vs 2021

€ 26,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2022

Bank debt

€ 169,034

▲ € 144,134 vs 2021

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 402,427

▲ € 334,968 vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,667

▲ 165% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 104,098 € 102,101 ▼ 2%
Profit after taxes € 18,961 € -299,160 ▼ € 318,121
Equity € 155,666 € -143,494 ▼ € 299,160
Total debts € 156,548 € 603,425 ▲ 285%
Cash € 4,320 € 3,294 ▼ 24%
Retained profit € -67,534 € -366,694 ▼ € 299,160
Bank debt € 24,900 € 169,034 ▲ € 144,134
Balance sheet total € 312,213 € 459,931 ▲ 47%
Employees (FTE) 2 2.5 ▲ 0.5

Key figures of ROAD SIGNS PROJECTS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to ROAD SIGNS PROJECTS?

What happened at ROAD SIGNS PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ROAD SIGNS PROJECTS is active according to the CBE. Legal situation: Opening faillissement.

  • HELLIN & LAEVENS & C° stepped down as director. NBB
  • Jeanine Laevens stepped down as director. NBB
  • New annual accounts for financial year 2022: loss of € 299,160 (▼ € 318,121 vs 2021). filed late Source: NBB ↗
  • New establishment in Kortrijk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 18,961 profit in 2021 to € 299,160 loss in 2022.

Best year ever: 2021, with € 18,961 profit.

On average € 40,800 of value added per employee in 2022.

Management

Directors

According to the 2022 annual accounts

HELLIN & LAEVENS & C°

Managing director · represented by Caroline HELLIN

· until 2024

Jeanine Laevens

Director

· until 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan(Heu) 15

8501 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0422.067.982
VAT number
BE 0422.067.982
Registered office
Industrielaan(Heu) 15, 8501 Kortrijk
Names & denominations
ROAD SIGNS PROJECTS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
7 November 1981
Peppol
Not registered
Activities · NACE

Vervaardiging van locomotieven en ander rollend materieel voor spoorwegen

Vervaardiging van overige artikelen van metaal, n.e.g.

Vervaardiging van overige producten van metaal, neg

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Frequently asked questions

What does ROAD SIGNS PROJECTS do?
ROAD SIGNS PROJECTS is registered with the CBE as active in: Vervaardiging van locomotieven en ander rollend materieel voor spoorwegen. Public Limited, started on 7 November 1981, 1 establishment.
What is the address of ROAD SIGNS PROJECTS?
The registered office of ROAD SIGNS PROJECTS is located at Industrielaan(Heu) 15, 8501 Kortrijk.
Is ROAD SIGNS PROJECTS still active?
No. The CBE lists ROAD SIGNS PROJECTS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ROAD SIGNS PROJECTS registered on Peppol?
No, ROAD SIGNS PROJECTS is currently not registered on the Peppol network.
What is the enterprise number of ROAD SIGNS PROJECTS?
The enterprise number of ROAD SIGNS PROJECTS is BE0422067982.
When was ROAD SIGNS PROJECTS founded?
ROAD SIGNS PROJECTS was founded on 7 November 1981.