BELCOMMA
A bankruptcy procedure is open for BELCOMMA according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show negative equity (€-115k) and a net result of €-329k.
| Equity | €-115k |
| Net result | €-329k |
| Staff (FTE) | 128,254.3 |
| Better than sector | 13% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
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.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -21.2% | 18.0% | |
| Net result | €-329k | €11k | |
| Equity | €-115k | €80k | |
| Gross operating margin | €72k | €162k | |
| Staff costs | €283k | €187k |
Figures by fiscal year and ratios
| Fiscal year | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-245k | €154k | €166k | €44k | €44k |
| Net profit | €-329k | €98k | €104k | €34k | €12k |
| Cash flow | €-319k | €107k | €110k | €42k | €20k |
| Staff costs | €283k | €379k | €166k | - | - |
| Income taxes | €36k | €16k | €32k | €990 | €7k |
| Dividends | - | €43k | €43k | - | - |
| Total assets | €541k | €955k | €925k | €528k | €369k |
| Equity | €-115k | €214k | €159k | €98k | €76k |
| Debt | €656k | €741k | €766k | €430k | €293k |
| of which ≤ 1y | €644k | €705k | €708k | €412k | €268k |
| of which > 1y | €11k | €36k | €57k | €16k | €24k |
| Working capital | €-181k | €223k | €183k | €79k | €57k |
| Employees (FTE) | 128,254.3 | 16.9 | 8.5 | 3.5 | 2.9 |
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Current ratio | 0.72 | 1.32 | 1.26 | 1.19 | 1.21 |
| Quick ratio | 0.31 | 0.42 | 0.34 | 0.29 | 0.26 |
| Working capital ratio | -33.4% | 23.4% | 19.7% | 15.0% | 15.5% |
| Solvency | -21.2% | 22.4% | 17.2% | 18.5% | 20.5% |
| Debt / equity | -5.72 | 3.46 | 4.82 | 0.16 | 0.32 |
| Long-term debt ratio | -0.10 | 0.17 | 0.36 | 0.16 | 0.32 |
| Interest coverage | -6.56 | 5.03 | 6.35 | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -60.7% | 10.3% | 11.2% | 6.5% | 3.3% |
| ROE | 286.6% | 45.9% | 65.4% | 34.9% | 16.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €541k | €955k | €925k | €528k | €369k |
| Fixed assets | 21/28 | €78k | €28k | €34k | €36k | €44k |
| Tangible fixed assets | 22/27 | €65k | €15k | €22k | €24k | €31k |
| Financial fixed assets | 28 | €12k | €12k | €12k | €12k | €12k |
| Current assets | 29/58 | €464k | €928k | €891k | €492k | €325k |
| Stocks & contracts in progress | 3 | €264k | €633k | €652k | €372k | €255k |
| Amounts receivable within one year | 40/41 | €170k | €217k | €209k | €97k | €52k |
| Cash & bank | 54/58 | €28k | €69k | €21k | €21k | €17k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €541k | €955k | €925k | €528k | €369k |
| Equity | 10/15 | €-115k | €214k | €159k | €98k | €76k |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k | €62k |
| Reserves | 13 | €6k | €6k | €6k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-183k | €146k | €91k | €34k | €12k |
| Amounts payable | 17/49 | €656k | €741k | €766k | €430k | €293k |
| Amounts payable after one year | 17 | €11k | €36k | €57k | €16k | €24k |
| Amounts payable within one year | 42/48 | €644k | €705k | €708k | €412k | €268k |
| Trade debts payable within one year | 44 | €318k | €341k | €229k | €30k | €67k |
| Income statement | ||||||
| Gross operating margin | 9900 | €72k | €542k | €338k | €129k | €101k |
| Operating result | 9901 | €-255k | €145k | €160k | €36k | €37k |
| Financial income | 75 | - | - | €2k | - | €6k |
| Financial charges | 65 | €37k | €31k | €26k | €13k | €12k |
| Result before taxes | 9903 | €-292k | €115k | €136k | €23k | €31k |
| Income taxes | 67/77 | €36k | €16k | €32k | €990 | €7k |
| Net result for the period | 9904 | €-329k | €98k | €104k | €22k | €24k |
| Result to be appropriated | 9905 | €-329k | €98k | €104k | €22k | €24k |
| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
08-05-2025 → present |
| NACE primary | Retail sale of footwear(47721) |
| Legal form | Public limited company(014) |
| Incorporation | 06-04-1992 |
| Status | Active |
| Postal code | 1420 |
| First insolvency signal | 13-08-2024 |
| Latest insolvency signal | 14-05-2025 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0525/00D004 | Wallonia | 7,574 m² | 1 · 2,386 m² | - |
| 25742H0501/00M000 | Wallonia | 6,895 m² | 1 · 2,942 m² | 10.3 m · 2 fl. |
| 25742H0501/00S000 | Wallonia | 166 m² | 1 · 214 m² | 9.9 m · 3 fl. |
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 06-08-2024 to 08-05-2025.
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-11-2023 Registered office moved within Braine-l'Alleud
- Chaussée Reine Astrid 102 à 1420 Braine-l'Alleud → l'avenue de la Belle Province 70 à 1420 Braine-l'Alleud
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "l\u0027avenue de la Belle Province 70 \u00E0 1420 Braine-l\u0027Alleud",
"city": "Braine-l\u0027Alleud",
"region": "waals_gewest",
"street": "avenue de la Belle Province",
"country": "BE",
"postcode": "1420",
"box_number": null,
"street_number": "70",
"locality_suffix": null
},
"old_address": {
"raw": "Chauss\u00E9e Reine Astrid 102 \u00E0 1420 Braine-l\u0027Alleud",
"city": "Braine-l\u0027Alleud",
"region": "waals_gewest",
"street": "Chauss\u00E9e Reine Astrid",
"country": "BE",
"postcode": "1420",
"box_number": null,
"street_number": "102",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Il est d\u00E9cid\u00E9 par l\u0027Assembl\u00E9e G\u00E9n\u00E9rale de transf\u00E9rer le si\u00E8ge social de la chauss\u00E9e Reine Astrid 102 \u00E0 1420 Braine-l\u0027Alleud \u00E0 l\u0027avenue de la Belle Province 70 \u00E0 1420 Braine-l\u0027Alleud.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-11-13",
"filing_date": "2023-10-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-08-23",
"unanimous": null
},
"subject_company": {
"kbo": "0447.031.824",
"name_full": "BELCOMMA",
"legal_form": "SA",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Philippe Maertens",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}No credit: a bankruptcy procedure is open.
| Legal nameNL | BELCOMMA |