ARCADE 1
Open bankruptcySummary
A bankruptcy procedure is open for ARCADE 1 according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (-€86,584) and a net result of -€89,396.
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 Liège, Liège division
- Declared bankrupt
- 3 May 2021
- Supervising judge
- Philippe Massoz
- Official Gazette
- 07-05-2021 (pdf) ↗search the document for 2021/117616
Deadlines
- Appeal or third-party opposition until
- passed on 22 May 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 2 June 2021art. XX.104 and XX.155 CEL
- First verification report
- passed on 17 June 2021Goods 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 3 May 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Olivier EvrardQuai De Rome, 25, 4000 Liege 1o.evrard@avocat.be
- Isabelle BiemarQuai De Rome, 25, 4000 Liege 1i.biemar@avocat.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 31-12-2019 was due by 31-07-2020 and was filed on 14-09-2020, 45 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
45 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2019, micro schema
Equity
-€86,584
2018 · €2,813
Total assets
€136,744▼ 33.8%
2018 · €206,497
Net result
-€89,396▼ 325%
2018 · -€21,030
Working capital
-€113,248▼ 211%
2018 · -€36,398
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result-€18,234--€81,949▼ 349%
Net result-€21,030--€89,396▼ 325%
Equity€2,813--€86,584
Total assets€206,497-€136,744▼ 33.8%
Debt€203,685-€223,327▲ 9.6%
Working capital-€36,398--€113,248▼ 211%
Staff (FTE)3.3-3▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €81,949 in 2019 against €18,234 in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €136,744
Fixed assets
€26,665 ▼ 32.0%
Current assets
€110,079 ▼ 34.2%
Key figures and ratios
EBITDA
-€67,127▼
2018 · -€3,476
Cash flow
-€74,575▼
2018 · -€6,272
Solvency
-63.3%▼
2018 · 1.4%
Current ratio
0.49▼
2018 · 0.82
ROA
-65.4%▼
2018 · -10.2%
Debt ≤ 1 year
€223,327▲
2018 · €203,685
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,758 | €14,822 | ▲ 0.4% |
| Gross operating margin9900 | €111,760 | €60,158 | ▼ 46.2% |
| Operating profit (loss)9901 | -€18,234 | -€81,949 | ▼ 349% |
| Recurring financial income75 | €0 | €34 | ▲ 342,600% |
| Recurring financial charges65 | €2,796 | €7,482 | ▲ 168% |
| Profit (loss) for the period before taxes9903 | -€21,030 | -€89,396 | ▼ 325% |
| Profit (loss) for the period9904 | -€21,030 | -€89,396 | ▼ 325% |
| Profit (loss) for the period to be appropriated9905 | -€21,030 | -€89,396 | ▼ 325% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €206,497 | €136,744 | ▼ 33.8% |
| Formation expenses20 | €0 | €0 | - |
| Fixed assets21/28 | €39,211 | €26,665 | ▼ 32.0% |
| Tangible fixed assets22/27 | €38,961 | €26,415 | ▼ 32.2% |
| Financial fixed assets28 | €250 | €250 | = |
| Current assets29/58 | €167,287 | €110,079 | ▼ 34.2% |
| Stocks and contracts in progress3 | €39,762 | €39,762 | = |
| Amounts receivable within one year40/41 | €105,055 | €56,957 | ▼ 45.8% |
| Cash at bank and in hand54/58 | €18,036 | €9,681 | ▼ 46.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €206,497 | €136,744 | ▼ 33.8% |
| Equity10/15 | €2,813 | -€86,584 | ▼ 3,178% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Reserves13 | €11,000 | €11,000 | = |
| Profit (loss) carried forward14 | -€26,787 | -€116,184 | ▼ 334% |
| Amounts payable17/49 | €203,685 | €223,327 | ▲ 9.6% |
| Amounts payable within one year42/48 | €203,685 | €223,327 | ▲ 9.6% |
| Trade debts44 | €148,470 | €101,774 | ▼ 31.5% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€21,030 | -€89,396 | ▼ 325% |
| + Depreciation and write-downs630 | €14,758 | €14,822 | ▲ 0.4% |
| Operating cash flow (approximation) | -€6,272 | -€74,575 | ▼ 1,089% |
| Investment in fixed assets (approximation) | - | -€2,276 | - |
| Change in cash | - | -€8,355 | - |
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
2021
07-05
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 03-05-2021
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 28 days late
2012
27-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 58 days late
SignalNBB filing
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Esneux · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue P. Van Hoegaerden 134130 Esneux1 establishment unit
ARCADE 1
since 20122.207.059.014
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | OLIVIER EVRARD QUAI DE ROME, 25, 4000 LIEGE 1- |
03-05-2021 → present |
| Curator | ISABELLE BIEMAR QUAI DE ROME, 25,
4000 LIEGE 1 |
03-05-2021 → present |
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 4,392 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)
Founded22-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43212Electrical installation work in industrial facilities
43310Plastering work
43320Joinery installation
43343Specialised construction activities
71111Activities of building architects
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.