AUDRAY
Open bankruptcySummary
A bankruptcy procedure is open for AUDRAY according to publications in the Belgian State Gazette. The 2017 annual accounts show equity of €289,855 and a net result of -€225,244.
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
- 4 March 2019
- Supervising judge
- Anne-Michele Fastre
- Official Gazette
- 08-03-2019 (pdf) ↗search the document for 2019/111242
Deadlines
- Appeal or third-party opposition until
- passed on 23 March 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 3 April 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 18 April 2019Goods 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 4 March 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Francois MinonRue Des Augustins 32, 4000 Liege 1francois.minon@henry-mersch.be
- Yves GodfroidRue Des Augustins 32, 4000 Liege 1- mersch.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 31-12-2017 was due by 31-07-2018 and was filed on 29-08-2018, 29 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
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€225,244
2016 · €8,832
Working capital
€542,806▲ 492%
2016 · €91,744
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
Line20132014201520162017
Operating result€52,939-€48,490▼ 8.4%-€130,881€48,705-€199,121
Net result€5,741-€356,212▲ 6,104%-€168,502€8,832-€225,244
Equity€318,557-€674,769▲ 112%€506,267▼ 25.0%€515,099▲ 1.7%€289,855▼ 43.7%
Total assets€483,012-€1.1m▲ 118%€973,289▼ 7.6%€1.0m▲ 5.7%€935,784▼ 9.0%
Debt€164,455-€143,017▼ 13.0%€232,022▲ 62.2%€278,754▲ 20.1%€410,929▲ 47.4%
Working capital€231,552-€312,445▲ 34.9%€73,756▼ 76.4%€91,744▲ 24.4%€542,806▲ 492%
Staff (FTE)19.9-22.4▲ 12.6%20.5▼ 8.5%23.1▲ 12.7%22.4▼ 3.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €199,121 after €48,705 in 2016, the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €935,784
Fixed assets
€2,800 ▼ 99.6%
Current assets
€932,984 ▲ 156%
Equity and liabilities €935,784
Equity
€289,855 ▼ 43.7%
Provisions
€235,000 =
Debt
€410,929 ▲ 47.4%
Debt's share of the balance-sheet total rises from 27.1% to 43.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€187,566▼
2016 · €60,261
Cash flow
-€213,689▼
2016 · €20,388
Current ratio
2.39▲
2016 · 1.34
Quick ratio
2.37▲
2016 · 1.31
Debt to equity
0.07▲
2016 · 0.01
ROE
-77.7%▼
2016 · 1.7%
ROA
-24.1%▼
2016 · 0.9%
Debt ≤ 1 year
€390,178▲
2016 · €272,754
Debt > 1 year
€20,751▲
2016 · €6,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,025 | €19,859 | €8,756 | €11,555 | €11,555 | = |
| Gross operating margin9900 | €1.1m | €1.1m | €1.0m | €1.1m | €929,941 | ▼ 18.9% |
| Operating profit (loss)9901 | €52,939 | €48,490 | -€130,881 | €48,705 | -€199,121 | ▼ 509% |
| Recurring financial income75 | €1 | €16 | €0 | €27 | €17 | ▼ 37.2% |
| Recurring financial charges65 | €44,947 | €40,147 | €31,601 | €39,900 | €26,140 | ▼ 34.5% |
| Profit (loss) for the period before taxes9903 | €5,741 | €591,212 | -€168,502 | €8,832 | -€225,244 | ▼ 2,650% |
| Profit (loss) for the period9904 | €5,741 | €356,212 | -€168,502 | €8,832 | -€225,244 | ▼ 2,650% |
| Profit (loss) for the period to be appropriated9905 | €5,741 | €6,212 | -€168,502 | €8,832 | -€225,244 | ▼ 2,650% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €483,012 | €1.1m | €973,289 | €1.0m | €935,784 | ▼ 9.0% |
| Fixed assets21/28 | €87,005 | €650,000 | €667,511 | €664,355 | €2,800 | ▼ 99.6% |
| Tangible fixed assets22/27 | €87,005 | - | €17,511 | €14,355 | €2,800 | ▼ 80.5% |
| Financial fixed assets28 | - | €650,000 | €650,000 | €650,000 | - | - |
| Current assets29/58 | €396,007 | €402,786 | €305,778 | €364,498 | €932,984 | ▲ 156% |
| Stocks and contracts in progress3 | €6,077 | €6,321 | €7,913 | €7,933 | €6,968 | ▼ 12.2% |
| Amounts receivable within one year40/41 | €182,395 | €368,473 | €286,749 | €323,129 | €685,915 | ▲ 112% |
| Cash at bank and in hand54/58 | €3,836 | €27,993 | €11,115 | €33,436 | €8,347 | ▼ 75.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €483,012 | €1.1m | €973,289 | €1.0m | €935,784 | ▼ 9.0% |
| Equity10/15 | €318,557 | €674,769 | €506,267 | €515,099 | €289,855 | ▼ 43.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €20,609 | €370,609 | €370,609 | €370,609 | €370,609 | = |
| Profit (loss) carried forward14 | €279,356 | €285,568 | €117,066 | €125,898 | -€99,346 | ▼ 179% |
| Provisions and deferred taxes16 | - | €235,000 | €235,000 | €235,000 | €235,000 | = |
| Amounts payable17/49 | €164,455 | €143,017 | €232,022 | €278,754 | €410,929 | ▲ 47.4% |
| Amounts payable after more than one year17 | - | €52,675 | - | €6,000 | €20,751 | ▲ 246% |
| Amounts payable within one year42/48 | €164,455 | €90,342 | €232,022 | €272,754 | €390,178 | ▲ 43.1% |
| Trade debts44 | €63,845 | €65,791 | €69,645 | €114,160 | €226,240 | ▲ 98.2% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,741 | €356,212 | -€168,502 | €8,832 | -€225,244 | ▼ 2,650% |
| + Depreciation and write-downs630 | €19,025 | €19,859 | €8,756 | €11,555 | €11,555 | = |
| Operating cash flow (approximation) | €24,766 | €376,071 | -€159,747 | €20,388 | -€213,689 | ▼ 1,148% |
| Investment in fixed assets (approximation) | - | -€582,854 | -€26,267 | -€8,400 | €650,000 | ▲ 7,838% |
| Change in cash | - | €24,156 | -€16,877 | €22,321 | -€25,089 | ▼ 212% |
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
2019
08-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 04-03-2019
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
31-12
Financial
Weakest financial yearnet -€225,244
Net result drops to -€225,244, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Back to profitnet €8,832
Net result €8,832 after one loss-making year.
07-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 38 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
31-12
Financial
Highest result since 2013net €356,212 ▲6,104%
Net result €356,212, the highest in the series.
31-12
Financial
Equity above €500,000Eq €674,769 ▲112%
2 profitable years in a row build equity to €674,769.
09-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 40 days late
2013
26-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
20-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 20 days late
Show earlier events
2011
22-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 22 days late
2010
26-11
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 118 days late
2009
23-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Herstal · 1 establishment unit since 1993
Ground area
1,120 m²
Building footprint
370 m²
Volume, LiDAR
2,730 m³
Parcel 62051C0935/00E000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Voie de Liège 180, 4040 Herstal
since 19932.062.125.275
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0935/00E000 | Wallonia | 1,120 m² | 1 · 370 m² | 8.4 m · 2 fl. |
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | FRANCOIS MINON RUE DES AUGUSTINS 32,
4000 LIEGE 1 |
04-03-2019 → present |
| Curator | YVES GODFROID RUE DES AUGUSTINS 32, 4000 LIEGE 1- yves.godfroid@henry-
mersch.be |
04-03-2019 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-1992
Fiscal year end31-12
Contact
E-mail
direction@residence-werson.be
Phone
04/2649932
Fax
04/2646472
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.