120 PIXELS
Open bankruptcyA bankruptcy procedure is open for 120 PIXELS according to publications in the Belgian State Gazette; curator: ISABELLE VAUSORT.
Summary
The 2022 annual accounts show negative equity (-€57,736) and a net result of €3,999.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Hainaut, Charleroi division
- Declared bankrupt
- 15 April 2024
- Supervising judge
- Eric Bedoret
- Official Gazette
- 19-04-2024 (pdf) ↗search the document for 2024/116073
Deadlines
- Provisional date payments stopped
- 15 April 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 4 May 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 May 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 12 June 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 15 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Isabelle VausortRue Paul Janson 48, 6061 Montignies-Sur-Sambre- . Date provisoire de cessation de paiement : 15/04/2024isabelle.vausort@skynet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-09-2023, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
54 d late
2021
88 d late
2020
74 d late
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 69 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Wholesale of information and communication equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,999▼ 97.5%
2021 · €158,408
Working capital
-€65,553▲ 2.3%
2021 · -€67,085
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€695--€9,231▼ 1,228%-€53,980▼ 485%€169,309€97,954▼ 42.1%
Net result-€1,145--€10,296▼ 799%-€54,739below the sector's middle half▼ 432%€158,408within the sector's middle half€3,999within the sector's middle half▼ 97.5%
Equity-€155,108--€165,404▼ 6.6%-€220,143below the sector's middle half▼ 33.1%-€61,735below the sector's middle half▲ 72.0%-€57,736below the sector's middle half▲ 6.5%
Total assets€787,462-€1.2m▲ 52.6%€1.7mabove the sector's middle half▲ 37.7%€2.2mwithin the sector's middle half▲ 35.9%€3.0mabove the sector's middle half▲ 34.2%
Debt€942,570-€1.4m▲ 45.0%€1.9m▲ 37.1%€2.3m▲ 23.2%€3.1m▲ 33.1%
Working capital-€144,589--€165,404▼ 14.4%-€229,059below the sector's middle half▼ 38.5%-€67,085below the sector's middle half▲ 70.7%-€65,553below the sector's middle half▲ 2.3%
Solvency-19.7%--13.8%▲ 5.9pp-13.3%below the sector's middle half▲ 0.5pp-2.7%below the sector's middle half▲ 10.6pp-1.9%below the sector's middle half▲ 0.8pp
Current ratio0.84-0.88▲ 0.030.88below the sector's middle half=0.97below the sector's middle half▲ 0.090.98within the sector's middle half▲ 0.01
Return on assets (ROA)-0.1%--0.9%▼ 0.7pp-3.3%below the sector's middle half▼ 2.5pp7.0%within the sector's middle half▲ 10.4pp0.1%within the sector's middle half▼ 6.9pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result -97% on 2021. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 42% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €3.0m
Fixed assets
€7,817 ▲ 46.1%
Current assets
€3.0m ▲ 34.2%
Key figures and ratios
EBITDA
€102,227▼
2021 · €172,875
Cash flow
€8,272▼
2021 · €161,974
Debt to equity
-53.24▼
2021 · -37.41
Interest coverage
1.21▼
2021 · 110.75
Debt ≤ 1 year
€3.1m▲
2021 · €2.3m
Income taxes
€9,819▲
2021 · €9,441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,783 | €3,566 | €4,273 | ▲ 19.8% |
| Other operating charges640/8 | - | - | - | €1,314 | €5,048 | ▲ 284% |
| Non-recurring operating charges66A | - | - | - | €151 | €129 | ▼ 14.6% |
| Gross operating margin9900 | €6,855 | -€8,811 | -€51,697 | €174,340 | €107,404 | ▼ 38.4% |
| Operating profit (loss)9901 | -€695 | -€9,231 | -€53,980 | €169,309 | €97,954 | ▼ 42.1% |
| Financial income75/76B | - | - | - | €101 | €98 | ▼ 3.0% |
| Recurring financial income75 | - | - | - | €101 | €98 | ▼ 3.0% |
| Financial charges65/66B | - | - | - | €1,561 | €84,234 | ▲ 5,296% |
| Recurring financial charges65 | €450 | €1,065 | €631 | €1,561 | €84,234 | ▲ 5,296% |
| Profit (loss) for the period before taxes9903 | -€1,145 | -€10,296 | -€54,611 | €167,849 | €13,818 | ▼ 91.8% |
| Income taxes67/77 | - | - | €128 | €9,441 | €9,819 | ▲ 4.0% |
| Profit (loss) for the period9904 | -€1,145 | -€10,296 | -€54,739 | €158,408 | €3,999 | ▼ 97.5% |
| Profit (loss) for the period to be appropriated9905 | -€1,145 | -€10,296 | -€54,739 | €158,408 | €3,999 | ▼ 97.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €787,462 | €1.2m | €1.7m | €2.2m | €3.0m | ▲ 34.2% |
| Fixed assets21/28 | - | - | €8,916 | €5,350 | €7,817 | ▲ 46.1% |
| Tangible fixed assets22/27 | - | - | €8,916 | €5,350 | €7,817 | ▲ 46.1% |
| Furniture and vehicles24 | - | - | - | €5,350 | €7,817 | ▲ 46.1% |
| Current assets29/58 | €787,462 | €1.2m | €1.6m | €2.2m | €3.0m | ▲ 34.2% |
| Amounts receivable within one year40/41 | €787,451 | €1.1m | €1.6m | €2.2m | €2.9m | ▲ 33.0% |
| Trade receivables40 | - | - | - | €561,789 | €574,587 | ▲ 2.3% |
| Other amounts receivable41 | - | - | - | €1.6m | €2.4m | ▲ 43.5% |
| Cash at bank and in hand54/58 | €11 | €95,075 | €11,342 | €39,565 | €78,294 | ▲ 97.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €787,462 | €1.2m | €1.7m | €2.2m | €3.0m | ▲ 34.2% |
| Equity10/15 | -€155,108 | -€165,404 | -€220,143 | -€61,735 | -€57,736 | ▲ 6.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€175,568 | -€185,864 | -€240,603 | -€82,195 | -€78,196 | ▲ 4.9% |
| Amounts payable17/49 | €942,570 | €1.4m | €1.9m | €2.3m | €3.1m | ▲ 33.1% |
| Amounts payable within one year42/48 | €932,051 | €1.4m | €1.9m | €2.3m | €3.1m | ▲ 33.1% |
| Trade debts44 | €400,747 | €407,050 | €179 | €63,750 | €11,788 | ▼ 81.5% |
| Suppliers440/4 | - | - | - | €63,750 | €11,788 | ▼ 81.5% |
| Advances received on contracts in progress46 | - | - | - | - | €1.6m | - |
| Taxes, remuneration and social security45 | - | - | - | €9,600 | €17,312 | ▲ 80.3% |
| Taxes450/3 | - | - | - | €9,600 | €17,312 | ▲ 80.3% |
| Other amounts payable47/48 | - | - | - | €2.2m | €1.4m | ▼ 35.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,145 | -€10,296 | -€54,739 | €158,408 | €3,999 | ▼ 97.5% |
| + Depreciation and write-downs630 | - | - | €1,783 | €3,566 | €4,273 | ▲ 19.8% |
| Operating cash flow (approximation) | -€1,145 | -€10,296 | -€52,956 | €161,974 | €8,272 | ▼ 94.9% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€6,740 | - |
| Change in cash | - | €95,064 | -€83,733 | €28,223 | €38,729 | ▲ 37.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
19-04
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 15-04-2024
2023
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 54 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 88 days late
2021
31-12
Financial
Back to profitnet €158,408
Net result €158,408 after 3 loss-making years.
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 74 days late
2020
31-12
Financial
Weakest financial yearnet -€54,739
Net result drops to -€54,739, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 160 days late
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 293 days late
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 15 days late
2016
27-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 27 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gerpinnes · 1 establishment unit since 2003
Ground area
6,402 m²
Building footprint
732 m²
Parcel 52001B0142/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
120 PIXELS
since 20032.123.462.434
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52001B0142/00L000 | Wallonia | 6,402 m² | 1 · 732 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ISABELLE VAUSORT RUE PAUL JANSON 48,
6061 MONTIGNIES-SUR-SAMBRE- .
Date provisoire de cessation de paiement : 15/04/2024 |
15-04-2024 → present |
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Of 2,119 companies in sector 46500 we hold annual accounts for 1,408. 651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479150108
Also
9925:BE0479150108
Registered
16-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.