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ASUA

Open bankruptcy
Private limited companyfounded 2021Voie de l'Ardenne 36/A, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0768.603.254

A bankruptcy procedure is open for ASUA according to publications in the Belgian State Gazette; curator: XAVIER CHARLES.

Summary

The 2023 annual accounts show negative equity (-€49,603) and a net result of €14,339.

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
6 January 2025
Supervising judge
Isabelle Degand
Official Gazette
10-01-2025 (pdf) ↗search the document for 2025/100673

Deadlines

Appeal or third-party opposition until
passed on 25 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 February 2025art. XX.104 and XX.155 CEL
First verification report
passed on 20 February 2025Goods 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 6 January 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-07-2024, 22 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
22 d early
2022
20 d early
2021
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 4 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ASUA was incorporated on 20 May 2021 as a Private limited company.1 Total assets fell from EUR 80,700 in 2021 to EUR 43,103 in 2023 and headcount from 0.9 to 1.5 full-time equivalents.2 On 6 January 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2023
  3. 3Belgian State Gazette, 10-01-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€49,603▲ 22.4%
2022 · -€63,942
Total assets
€43,103▼ 12.7%
2022 · €49,363
Net result
€14,339
2022 · -€12,931
Working capital
-€57,955▲ 9.1%
2022 · -€63,755
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202120222023
Operating result-€56,661--€10,758▲ 81.0%€17,074
Net result-€56,011below the sector's middle half--€12,931below the sector's middle half▲ 76.9%€14,339above the sector's middle half
Equity-€51,011below the sector's middle half--€63,942below the sector's middle half▼ 25.3%-€49,603below the sector's middle half▲ 22.4%
Total assets€80,700within the sector's middle half-€49,363within the sector's middle half▼ 38.8%€43,103within the sector's middle half▼ 12.7%
Debt€131,711-€113,305▼ 14.0%€92,706▼ 18.2%
Working capital-€47,271below the sector's middle half--€63,755below the sector's middle half▼ 34.9%-€57,955below the sector's middle half▲ 9.1%
Solvency-63.2%below the sector's middle half--129.5%below the sector's middle half▼ 66.3pp-115.1%below the sector's middle half▲ 14.5pp
Current ratio0.52within the sector's middle half-0.25below the sector's middle half▼ 0.270.18below the sector's middle half▼ 0.07
Return on assets (ROA)-69.4%below the sector's middle half--26.2%below the sector's middle half▲ 43.2pp33.3%above the sector's middle half▲ 59.5pp
Staff (FTE)0.9-1.2▲ 33.3%1.5▲ 25.0%
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€56,661-€56,661Net result 2021: -€56,011-€56,011Operating result 2022: -€10,758-€10,758Net result 2022: -€12,931-€12,931Operating result 2023: €17,074€17,074Net result 2023: €14,339€14,339202120222023-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€56,661-€56,700Net result 2021: -€56,011-€56,000Operating result 2022: -€10,758-€10,800Net result 2022: -€12,931-€12,900Operating result 2023: €17,074€17,100Net result 2023: €14,339€14,300202120222023
The operating result returns to profit in 2023: €17,074 after a loss of €10,758 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €43,103
Fixed assets €30,052 ▲ 7.1%
Current assets €13,052 ▼ 38.7%
Key figures and ratios
2023 value · change against 2022
EBITDA
€23,219▲
2022 · -€7,129
Cash flow
€20,484▲
2022 · -€9,302
Quick ratio
0.05▼
2022 · 0.20
Debt to equity
-1.87▼
2022 · -1.77
Interest coverage
7.65▲
2022 · -2.07
Debt ≤ 1 year
€71,007▼
2022 · €85,050
Debt > 1 year
€21,699▼
2022 · €27,284
Income taxes
€124▼
2022 · €235
Staff costs
€47,585▼
2022 · €49,531
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 47 lines
Balance sheet Code20222023
Assets
Total assets20/58€49,363€43,103▼
Fixed assets21/28€28,068€30,052▲
Intangible fixed assets21€1,366€966▼
Tangible fixed assets22/27€23,942€26,326▲
Furniture and vehicles24-€5,612
Other tangible fixed assets26€23,942€20,714▼
Financial fixed assets28€2,760€2,760=
Current assets29/58€21,295€13,052▼
Stocks and contracts in progress3€4,037€9,424▲
Stocks30/36€4,037€9,424▲
Amounts receivable within one year40/41€290-
Trade receivables40€290-
Cash at bank and in hand54/58€1,010€791▼
Deferred charges and accrued income490/1€15,957€2,837▼
Equity and liabilities
Total equity and liabilities10/49€49,363€43,103▼
Equity10/15-€63,942-€49,603▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€68,942-€54,603▲
Amounts payable17/49€113,305€92,706▼
Amounts payable after more than one year17€27,284€21,699▼
Financial debts170/4€27,284€21,699▼
Amounts payable within one year42/48€85,050€71,007▼
Current portion of amounts payable after more than one year42€5,834€6,042▲
Financial debts43€2,141€133▼
Credit institutions430/8€2,141€133▼
Trade debts44€11,183€11,388▲
Suppliers440/4€11,183€11,388▲
Taxes, remuneration and social security45€16,514€16,466▼
Taxes450/3€10,096€11,512▲
Remuneration and social security454/9€6,418€4,954▼
Other amounts payable47/48€49,378€36,978▼
Accrued charges and deferred income492/3€971-
Income statement Code20222023
Remuneration, social security and pensions62€49,531€47,585▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,629€6,145▲
Other operating charges640/8€2,532€2,511▼
Gross operating margin9900€44,933€73,315▲
Operating profit (loss)9901-€10,758€17,074▲
Financial income75/76B€1,506€423▼
Recurring financial income75€1,506€423▼
Financial charges65/66B€3,444€3,034▼
Recurring financial charges65€3,444€3,034▼
Profit (loss) for the period before taxes9903-€12,695€14,463▲
Income taxes67/77€235€124▼
Profit (loss) for the period9904-€12,931€14,339▲
Profit (loss) for the period to be appropriated9905-€12,931€14,339▲
Appropriation of the result
Profit (loss) to be appropriated9906-€68,942-€54,603▲
Profit (loss) brought forward from the previous period14P-€56,011-€68,942▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Remuneration, social security and pensions62€27,179€49,531€47,585▼ 3.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,123€3,629€6,145▲ 69.3%
Other operating charges640/8€217€2,532€2,511▼ 0.8%
Gross operating margin9900-€27,143€44,933€73,315▲ 63.2%
Operating profit (loss)9901-€56,661-€10,758€17,074▲ 259%
Financial income75/76B€1,894€1,506€423▼ 71.9%
Recurring financial income75€1,894€1,506€423▼ 71.9%
Financial charges65/66B€1,094€3,444€3,034▼ 11.9%
Recurring financial charges65€1,094€3,444€3,034▼ 11.9%
Profit (loss) for the period before taxes9903-€55,861-€12,695€14,463▲ 214%
Income taxes67/77€151€235€124▼ 47.5%
Profit (loss) for the period9904-€56,011-€12,931€14,339▲ 211%
Profit (loss) for the period to be appropriated9905-€56,011-€12,931€14,339▲ 211%
Line202120222023Change
Assets
Total assets20/58€80,700€49,363€43,103▼ 12.7%
Fixed assets21/28€28,937€28,068€30,052▲ 7.1%
Intangible fixed assets21€1,766€1,366€966▼ 29.3%
Tangible fixed assets22/27€27,171€23,942€26,326▲ 10.0%
Furniture and vehicles24--€5,612-
Other tangible fixed assets26€27,171€23,942€20,714▼ 13.5%
Financial fixed assets28-€2,760€2,760=
Current assets29/58€51,763€21,295€13,052▼ 38.7%
Stocks and contracts in progress3€4,186€4,037€9,424▲ 133%
Stocks30/36€4,186€4,037€9,424▲ 133%
Amounts receivable within one year40/41€40,102€290--
Trade receivables40€40,102€290--
Cash at bank and in hand54/58€941€1,010€791▼ 21.7%
Deferred charges and accrued income490/1€6,533€15,957€2,837▼ 82.2%
Equity and liabilities
Total equity and liabilities10/49€80,700€49,363€43,103▼ 12.7%
Equity10/15-€51,011-€63,942-€49,603▲ 22.4%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14-€56,011-€68,942-€54,603▲ 20.8%
Amounts payable17/49€131,711€113,305€92,706▼ 18.2%
Amounts payable after more than one year17€32,677€27,284€21,699▼ 20.5%
Financial debts170/4€32,677€27,284€21,699▼ 20.5%
Amounts payable within one year42/48€99,034€85,050€71,007▼ 16.5%
Current portion of amounts payable after more than one year42€5,207€5,834€6,042▲ 3.6%
Financial debts43-€2,141€133▼ 93.8%
Credit institutions430/8-€2,141€133▼ 93.8%
Trade debts44€41,730€11,183€11,388▲ 1.8%
Suppliers440/4€41,730€11,183€11,388▲ 1.8%
Taxes, remuneration and social security45€15,559€16,514€16,466▼ 0.3%
Taxes450/3€9,962€10,096€11,512▲ 14.0%
Remuneration and social security454/9€5,597€6,418€4,954▼ 22.8%
Other amounts payable47/48€36,539€49,378€36,978▼ 25.1%
Accrued charges and deferred income492/3-€971--
Line202120222023Change
Profit (loss) for the period9904-€56,011-€12,931€14,339▲ 211%
+ Depreciation and write-downs630€2,123€3,629€6,145▲ 69.3%
Operating cash flow (approximation)-€53,888-€9,302€20,484▲ 320%
Investment in fixed assets (approximation)--€2,760-€8,128▼ 194%
Change in cash-€69-€220▼ 419%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
10-01
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 06-01-2025
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €14,339
Net result €14,339 after 2 loss-making years.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Chaudfontaine · 1 establishment unit since 2021
seat establishment approximate The establishment unit on the map
Ground area
6,029 m²
Parcel 62030A0367/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ASUA
Voie de l'Ardenne 36/A, 4053 ChaudfontaineWholesale of clothing, excluding workwear and underwear
since 20212.317.989.204
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62030A0367/00B000 Wallonia 6,029 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 XAVIER CHARLES
RUE COURTOIS 20, 4000 LIEGE 1-
06-01-2025 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,710 companies in sector 96230 we hold annual accounts for 628. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
96230Day spas, saunas and steam baths
47750Retail sale of cosmetics and toilet articles
96220Beauty care and other beauty treatments
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 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.