Checked.be
Active
BE 0770.985.692Private limited companyOpen bankruptcy
7-WOOD
Rue Ciernaux(FRO) 1 ·6440 Froidchapelle, Belgium· 5 yrs active
Sector: Limited-service restaurants, excluding mobile food services
(56112)
Conclusion
A bankruptcy procedure is open for 7-WOOD according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €10k and a net result of €5k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €10k |
| Net result | €5k |
| Better than sector | 46% |
| Active | 5 yrs |
Financial profile
29
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
100
Solvency
16
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score components
Liquidity
Current ratio 0.39 (< 1.0)
-10
Quick ratio
Quick ratio 0.19 (< 0.6)
-5
Leverage
Debt/equity 3.76 (> 3.0)
-10
Profitability
ROE 52% (≥ 10%)
+10
Interest coverage
Interest coverage -35.9× (< 1.5×)
-10
Bankruptcy
Open bankruptcy
-60
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 21-01-2024 with the NBB · fiscal year 2022 · micro schema
Sector comparison
Fiscal year 2022 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.0% | 25.9% | |
| Net result | €5k | €2k | |
| Equity | €10k | €22k | |
| Gross operating margin | €44k | €48k | |
| Staff costs | €46k | €47k |
Figures by fiscal year and ratios
| Fiscal year | 2022 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €5k |
| Cash flow | €10k |
| Staff costs | €46k |
| Income taxes | - |
| Dividends | - |
| Total assets | €50k |
| Equity | €10k |
| Debt | €39k |
| of which ≤ 1y | €39k |
| of which > 1y | - |
| Working capital | €-24k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.39 |
| Quick ratio | 0.19 |
| Working capital ratio | -47.9% |
| Solvency | 21.0% |
| Debt / equity | 3.76 |
| Long-term debt ratio | - |
| Interest coverage | -35.92 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.0% |
| ROE | 52.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €50k |
| Fixed assets | 21/28 | €34k |
| Tangible fixed assets | 22/27 | €34k |
| Current assets | 29/58 | €16k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €50k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €5k |
| Amounts payable | 17/49 | €39k |
| Amounts payable within one year | 42/48 | €39k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €44k |
| Operating result | 9901 | €-9k |
| Financial income | 75 | €15k |
| Financial charges | 65 | €129 |
| Result before taxes | 9903 | €5k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | SIMON HARDY BLD MAYENCE,19, 6000 CHARLEROI-
.
Date provisoire de cessation de paiement : 02/12/2024 |
02-12-2024 → present |
Legal Structure
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 09-07-2021 |
| Status | Active |
| Postal code | 6440 |
| First insolvency signal | 06-12-2024 |
| Latest insolvency signal | 06-12-2024 |
Establishment units
7-Wood
since 20212.320.821.406
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56029G0121/00F003 | Wallonia | 10.6 ha | - | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2024
06-12
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · 7-WOOD (SRL) RUE CIERNAUX(FRO) 1, 6440 FROIDCHAPELLE · event 02-12-2024
15-05
State Gazette act
End of life
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 174 days late
SignalState Gazette actNBB filing
Lifecycle & Insolvency Signals
06-12-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2024
15-05-2024 Dissolution of the company
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "FROICHAPELLE",
"is_associated": false
},
"auditor": null,
"act_meta": {
"language": "fr",
"pub_date": "2024-05-15",
"filing_date": "2024-05-03",
"act_kind_objet": "Mise \u00E0 n\u00E9ant du jugment prononcant la dissolution de la soci\u00E9t\u00E9"
},
"decision": {
"body": "rechterlijke_uitspraak",
"act_date": "2024-05-03",
"unanimous": null
},
"end_event": {
"reason": "oppositon de la SRL 7-WOOD recevable et fond\u00E9e",
"art_wvv": [],
"is_death": false,
"sub_type": "judicial_dissolution_retracted",
"critic_note": null,
"closure_effective_date": null,
"dissolution_effective_date": null,
"liquidator_dropped_by_guard": null,
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_dob": null,
"person_rrn": null,
"is_judicial": true,
"person_name": "Herv\u00E9 POLLET",
"is_remunerated": null,
"person_address": null,
"person_birth_place": null
},
"silent_merger": null,
"court_division": {
"name": "Tribunal de l\u0027Entreprise du Hainaut, Division Charleroi",
"language": "fr",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0770.985.692",
"name_full": "7-WOOD",
"legal_form": "SRL"
},
"closure_mandatary": null,
"prior_opening_ref": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}Credit advice
No credit: a bankruptcy procedure is open.
Company registry (CBE)
Activities
Limited-service restaurants56102Limited-service restaurants, excluding mobile food services56112Retail trade47271Retail trade47291Event catering56210Cafés and bars56301Advertising agencies73110Other amusement and recreation activities93299
Names & trade names
| Legal nameFR | 7-WOOD |
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