Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2019 and 2020.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2020; threshold 65 %.
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Late annual account NBB
Fiscal year 2020 was filed 514 days after the legal deadline.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2020
B & O ASSOCIATION from Liège, company number BE0727718249, closed financial year 2020 with a result of € -28,927 after tax. For that financial year B & O ASSOCIATION recorded a gross margin of € 17,013 and equity of € -26,995. Compared with financial year 2019, the result moved from € -18,067 to € -28,927. 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 December 27, 2022.
€ -26,995
▼ € 28,927 vs 2019
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,927
▼ 60 % more loss than in 2019
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,995.
People and assets in 2020
€ 30,294
▲ 27% vs 2019
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,625
▲ 3% vs 2019
Book value of vehicles, furniture and equipment.
Debts at end 2020
€ 21,178
▲ 286% vs 2019
€ 7,987 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 71,789
▲ 144% vs 2019
Supplier invoices still open on the last day of the fiscal year.
€ 14,353
▲ 201% vs 2019
Taxes, VAT and social contributions still to pay.
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| 2019 | 2020 | Change 2019 → 2020 | |
|---|---|---|---|
| Gross margin | € 12,673 | € 17,013 | ▲ 34% |
| Profit after taxes | € -18,067 | € -28,927 | ▼ € 10,860 |
| Equity | € 1,933 | € -26,995 | ▼ € 28,927 |
| Total debts | € 75,462 | € 140,539 | ▲ 86% |
| Cash | € 2,158 | - | |
| Retained profit | € -18,067 | € -46,995 | ▼ € 28,927 |
| Bank debt | € 5,487 | € 21,178 | ▲ 286% |
| Balance sheet total | € 77,395 | € 113,545 | ▲ 47% |
Key figures of B & O ASSOCIATION, fiscal years 2019 to 2020, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2021 has not been filed yet; it was expected before 31 July 2022.
What happened to B & O ASSOCIATION?
What happened at B & O ASSOCIATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
B & O ASSOCIATION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2020: loss of € 28,927. filed late Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
- Olivier WETZ became a director. NBB
- Bastien BINET became a director. NBB
In short
From € 18,067 loss in 2019 to € 28,927 loss in 2020.
Paid € 60 in corporate taxes since 2019.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind B & O ASSOCIATION are Olivier WETZ and Bastien BINET.
Directors
According to the 2020 annual accounts
Olivier WETZ
Director
since 2019
Bastien BINET
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue du Pot-d'Or 58
4000 Liège
Rue du Pot-d'Or 56
4000 Liège
Active since 1 September 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.718.249
- VAT number
- BE 0727.718.249
- Registered office
- Rue du Pot-d'Or 58, 4000 Liège
- Names & denominations
- B & O ASSOCIATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 June 2019
- Peppol
- Not registered
- Contact
- [email protected] 0470612384
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen
Cafés en bars