Bankrupt · Opening faillissement (CBE)

P.A. Concept

BE0744712550

Rechtspersoon Private limited company 1 establishment

P.A. Concept is a hospitality business in Etterbeek. Private Limited, started on 4 March 2020, 1 establishment.

Legerlaan 3, 1040 Etterbeek

Behind the company: Philippe ABSIL.

Start date

4 March 2020

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 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 37 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

P.A. Concept from Etterbeek, company number BE0744712550, closed financial year 2021 with a result of € -33,974 after tax. For that financial year P.A. Concept recorded a gross margin of € -26,196 and equity of € -44,412. 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 25, 2022.

What it is worth Caution

€ -44,412

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

Loss Caution

€ -33,974

Profit after tax over the fiscal year.

Cash in the bank

€ 7,162

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 € -47,412.

People and assets in 2021

Full-time equivalents estimate

≈ 1

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

Debts at end 2021

Bank debt ≈ 5 years to go

€ 101,634

€ 20,605 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 29,713

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

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What happened to P.A. Concept?

What happened at P.A. Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

P.A. Concept is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 33,974. filed late Source: NBB ↗
  • New establishment in Etterbeek. KBO
  • Start of the company according to the CBE. KBO

Management

Philippe ABSIL
P.A. Concept

Behind P.A. Concept is Philippe ABSIL.

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Directors

According to the 2021 annual accounts

Philippe ABSIL

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Legerlaan 3

1040 Etterbeek

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

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

Details

Company number
0744.712.550
VAT number
BE 0744.712.550
Registered office
Legerlaan 3, 1040 Etterbeek
Names & denominations
P.A. Concept
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
4 March 2020
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does P.A. Concept do?
P.A. Concept is a hospitality business in Etterbeek. Private Limited, started on 4 March 2020, 1 establishment.
What is the address of P.A. Concept?
The registered office of P.A. Concept is located at Legerlaan 3, 1040 Etterbeek.
Is P.A. Concept still active?
No. The CBE lists P.A. Concept 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 P.A. Concept registered on Peppol?
No, P.A. Concept is currently not registered on the Peppol network.
What is the enterprise number of P.A. Concept?
The enterprise number of P.A. Concept is BE0744712550.
When was P.A. Concept founded?
P.A. Concept was founded on 4 March 2020.