Bankrupt · Opening faillissement (CBE)

CORTHOUTS

BE0877966103

Rechtspersoon Private limited company 1 establishment

Onze-Lieve-Heersbeestjeslaan 98, 1170 Watermaal-Bosvoorde

Start date

16 December 2005

Warning lights

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

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

CORTHOUTS from Watermaal-Bosvoorde, company number BE0877966103, closed financial year 2021 with a result of € 839 after tax. For that financial year CORTHOUTS recorded a gross margin of € 96,282 and equity of € 28,836. Compared with financial year 2020, the result moved from € 12,768 to € 839. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2022.

What it is worth Growing

€ 28,836

▲ 3% vs 2020

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

Profit Healthy

€ 839

▼ 93% vs 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 19,156

▼ 23% 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 € 10,236.

People and assets in 2021

Full-time equivalents

1.3

▼ 0.9 vs 2020

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

Wage cost

€ 82,351

▲ 14% vs 2020

€ 63,300 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 2021

Bank debt ≈ 2 years to go

€ 37,283

▼ 37% vs 2020

€ 22,248 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 113,992

▲ 11% vs 2020

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

Taxes and wages

€ 33,085

▲ 39% 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 € 97,921 € 96,282 ▼ 2%
Profit after taxes € 12,768 € 839 ▼ 93%
Equity € 27,997 € 28,836 ▲ 3%
Total debts € 207,893 € 184,360 ▼ 11%
Cash € 24,739 € 19,156 ▼ 23%
Retained profit € 9,397 € 10,236 ▲ 9%
Bank debt € 59,171 € 37,283 ▼ 37%
Balance sheet total € 235,890 € 213,196 ▼ 10%
Employees (FTE) 2.2 1.3 ▼ 0.9

Key figures of CORTHOUTS, 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 CORTHOUTS?

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

CORTHOUTS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: profit of € 839 (▼ 93% vs 2020). filed late Source: NBB ↗
  • New establishment in Watermaal-Bosvoorde. KBO
  • Start of the company according to the CBE. KBO

In short

From € 12,768 profit in 2020 to € 839 profit in 2021.

Paid € 9,113 in corporate taxes since 2020.

Best year ever: 2020, with € 12,768 profit.

On average € 74,100 of value added per employee in 2021.

Establishments

Establishment units

Physical locations of this company

Registered office

Onze-Lieve-Heersbeestjeslaan 98

1170 Watermaal-Bosvoorde

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
0877.966.103
VAT number
BE 0877.966.103
Registered office
Onze-Lieve-Heersbeestjeslaan 98, 1170 Watermaal-Bosvoorde
Names & denominations
CORTHOUTS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
16 December 2005
Peppol
Not registered

Frequently asked questions

What is the address of CORTHOUTS?
The registered office of CORTHOUTS is located at Onze-Lieve-Heersbeestjeslaan 98, 1170 Watermaal-Bosvoorde.
Is CORTHOUTS still active?
No. The CBE lists CORTHOUTS 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 CORTHOUTS registered on Peppol?
No, CORTHOUTS is currently not registered on the Peppol network.
What is the enterprise number of CORTHOUTS?
The enterprise number of CORTHOUTS is BE0877966103.
When was CORTHOUTS founded?
CORTHOUTS was founded on 16 December 2005.
Is CORTHOUTS a reliable company?
Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 16 December 2005; 2 annual accounts filed, latest fiscal year 2021.