Bankrupt · Opening faillissement (CBE)

JAZZ & BEER DISTRIBUTION

BE0690893683

Rechtspersoon Private limited company 1 establishment

JAZZ & BEER DISTRIBUTION is a brewery in Sint-Jans-Molenbeek. Private Limited, started on 23 February 2018, 1 establishment.

Kolomstraat 1 box A, 1080 Sint-Jans-Molenbeek

Behind the company: Karim AHMED AMMAR.

Start date

23 February 2018

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 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 50 % of short-term debt in 2021; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2021 was filed 464 days after the legal deadline.

  • Busy address KBO

    98 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

JAZZ & BEER DISTRIBUTION from Sint-Jans-Molenbeek, company number BE0690893683, closed financial year 2021 with a result of € 30,940 after tax. For that financial year JAZZ & BEER DISTRIBUTION recorded a gross margin of € 24,161 and equity of € -3,657. Compared with financial year 2020, the result moved from € -58,280 to € 30,940. Profitable, and profit is growing. 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 7, 2023.

What it is worth Caution

€ -3,657

▲ € 30,940 vs 2020

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

Profit Growing

€ 30,940

▲ still € 58,280 loss in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 1,087

▼ 97% vs 2020

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

Where the profit goes Growing

Stays in the company

No dividend for 2021. Retained profit grew to € -44,657.

People and assets in 2021

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 17,433

▲ 80% vs 2020

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 27,617

▲ 50% vs 2020

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 2 years to go

€ 25,463

▼ 15% vs 2020

€ 16,507 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 68,366

▲ 15% vs 2020

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

Taxes and wages

€ 8,803

▲ € 7,158 vs 2020

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Gross margin € -37,163 € 24,161 ▲ € 61,324
Profit after taxes € -58,280 € 30,940 ▲ € 89,220
Equity € -34,597 € -3,657 ▲ € 30,940
Total debts € 169,980 € 175,471 ▲ 3%
Cash € 31,204 € 1,087 ▼ 97%
Retained profit € -75,597 € -44,657 ▲ € 30,940
Bank debt € 30,026 € 25,463 ▼ 15%
Balance sheet total € 135,383 € 171,815 ▲ 27%

Key figures of JAZZ & BEER DISTRIBUTION, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to JAZZ & BEER DISTRIBUTION?

What happened at JAZZ & BEER DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

JAZZ & BEER DISTRIBUTION is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: profit of € 30,940. filed late Source: NBB ↗
  • New establishment in Mons. KBO
  • Start of the company according to the CBE. KBO
  • Karim AHMED AMMAR became a director. NBB

In short

From € 58,280 loss in 2020 to € 30,940 profit in 2021.

Paid € 263 in corporate taxes since 2020.

Best year ever: 2021, with € 30,940 profit.

Management

Karim AHMED AMMAR
JAZZ & BEER DISTRIBUTION

Behind JAZZ & BEER DISTRIBUTION is Karim AHMED AMMAR.

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Directors

According to the 2021 annual accounts

Karim AHMED AMMAR

Director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Kolomstraat 1 box A

1080 Sint-Jans-Molenbeek

2.291.853.444

Rue de la Clef 30

7000 Mons

Active since 1 October 2018

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

Details

Company number
0690.893.683
VAT number
BE 0690.893.683
Registered office
Kolomstraat 1 bus A, 1080 Sint-Jans-Molenbeek
Names & denominations
JAZZ & BEER DISTRIBUTION
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
23 February 2018
Peppol
Not registered
Activities · NACE

Vervaardiging van bier

Organisatie van congressen en beurzen

Detailhandel in dranken, algemeen assortiment

Frequently asked questions

What does JAZZ & BEER DISTRIBUTION do?
JAZZ & BEER DISTRIBUTION is a brewery in Sint-Jans-Molenbeek. Private Limited, started on 23 February 2018, 1 establishment.
What is the address of JAZZ & BEER DISTRIBUTION?
The registered office of JAZZ & BEER DISTRIBUTION is located at Kolomstraat 1 box A, 1080 Sint-Jans-Molenbeek.
Is JAZZ & BEER DISTRIBUTION still active?
No. The CBE lists JAZZ & BEER DISTRIBUTION 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 JAZZ & BEER DISTRIBUTION registered on Peppol?
No, JAZZ & BEER DISTRIBUTION is currently not registered on the Peppol network.
What is the enterprise number of JAZZ & BEER DISTRIBUTION?
The enterprise number of JAZZ & BEER DISTRIBUTION is BE0690893683.
When was JAZZ & BEER DISTRIBUTION founded?
JAZZ & BEER DISTRIBUTION was founded on 23 February 2018.