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BELOUCA

Open bankruptcy
Private limited company (pre-2019)founded 2016Rue des Orchidées 13, 5030 Gembloux, BelgiumKBO/BCE: BE 0646.849.250

A bankruptcy procedure is open for BELOUCA according to publications in the Belgian State Gazette; curator: CéCILE DEBATTY.

Summary

The 2025 annual accounts show equity of €7,806 and a net result of -€13,430.

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, Namur division
Declared bankrupt
19 February 2026
Supervising judge
Christian Guillaume
Official Gazette
25-02-2026 (pdf) ↗search the document for 2026/107980

Deadlines

Appeal or third-party opposition until
passed on 12 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 March 2026art. XX.104 and XX.155 CEL
First verification report
passed on 31 March 2026Goods 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
19 February 2027Late, 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 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
53 d early
2024
on the day
2023
1 d early
2022
18 d early
2021
25 d early
2020
69 d early
2019
10 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
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

On 21 January 2016, BELOUCA was incorporated.1 Total assets went from EUR 58,775 in 2019 to EUR 27,721 in 2025 and headcount from 3.2 to 1.8 full-time equivalents.2 The company was declared bankrupt on 19 February 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025
  3. 3Belgian State Gazette, 25-02-2026

Go further with this company

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

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€13,430
2024 · €8,731
Working capital
€4,346▼ 70.5%
2024 · €14,738
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,603▼ 87.8%-€4,517€2,450€9,997▲ 308%-€12,763
Net result€19,453above the sector's middle half▲ 78.7%-€3,489within the sector's middle half€335within the sector's middle half€8,731within the sector's middle half▲ 2,504%-€13,430below the sector's middle half
Equity€33,659within the sector's middle half▲ 62.6%€30,170within the sector's middle half▼ 10.4%€30,506within the sector's middle half▲ 1.1%€21,236within the sector's middle half▼ 30.4%€7,806below the sector's middle half▼ 63.2%
Total assets€100,481within the sector's middle half▲ 49.7%€66,210within the sector's middle half▼ 34.1%€75,300within the sector's middle half▲ 13.7%€66,009below the sector's middle half▼ 12.3%€27,721below the sector's middle half▼ 58.0%
Debt€66,821▲ 43.9%€36,040▼ 46.1%€44,795▲ 24.3%€44,772▼ 0.1%€19,915▼ 55.5%
Working capital€11,540within the sector's middle half€10,633within the sector's middle half▼ 7.9%€11,332within the sector's middle half▲ 6.6%€14,738within the sector's middle half▲ 30.0%€4,346within the sector's middle half▼ 70.5%
Solvency33.5%within the sector's middle half▲ 2.7pp45.6%within the sector's middle half▲ 12.1pp40.5%within the sector's middle half▼ 5.1pp32.2%within the sector's middle half▼ 8.3pp28.2%within the sector's middle half▼ 4.0pp
Current ratio1.23within the sector's middle half▲ 0.241.39within the sector's middle half▲ 0.161.25within the sector's middle half▼ 0.141.33within the sector's middle half▲ 0.081.22within the sector's middle half▼ 0.11
Return on assets (ROA)19.4%above the sector's middle half▲ 3.1pp-5.3%within the sector's middle half▼ 24.6pp0.4%within the sector's middle half▲ 5.7pp13.2%above the sector's middle half▲ 12.8pp-48.4%below the sector's middle half▼ 61.7pp
Staff (FTE)2.2▼ 31.3%4.2▲ 90.9%3.9▼ 7.1%4.4within the sector's middle half▲ 12.8%1.8below the sector's middle half▼ 59.1%
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.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €2,603€2,603Net result 2021: €19,453€19,453Operating result 2022: -€4,517-€4,517Net result 2022: -€3,489-€3,489Operating result 2023: €2,450€2,450Net result 2023: €335€335Operating result 2024: €9,997€9,997Net result 2024: €8,731€8,731Operating result 2025: -€12,763-€12,763Net result 2025: -€13,430-€13,43020212022202320242025-€20,000-€10,000€0€10,000Operating result 2023: €2,450€2,450Net result 2023: €335€335Operating result 2024: €9,997€10,000Net result 2024: €8,731€8,730Operating result 2025: -€12,763-€12,800Net result 2025: -€13,430-€13,400202320242025
The operating result turns negative in 2025: a loss of €12,763 after €9,997 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,721
Fixed assets €3,460 ▼ 46.8%
Current assets €24,261 ▼ 59.2%
Equity and liabilities €27,721
Equity €7,806 ▼ 63.2%
Debt €19,915 ▼ 55.5%
Debt's share of the balance-sheet total rises from 67.8% to 71.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,725▼
2024 · €13,727
Cash flow
-€10,392▼
2024 · €12,461
Quick ratio
1.06▲
2024 · 1.02
Debt to equity
2.55▲
2024 · 2.11
ROE
-172.0%▼
2024 · 41.1%
Interest coverage
-11.66▼
2024 · 14.32
Debt ≤ 1 year
€19,915▼
2024 · €44,772
Income taxes
€49▼
2024 · €684
Staff costs
€86,285▼
2024 · €116,994
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 · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€66,009€27,721▼
Fixed assets21/28€6,499€3,460▼
Tangible fixed assets22/27€6,077€3,038▼
Other tangible fixed assets26€6,077€3,038▼
Financial fixed assets28€422€422=
Current assets29/58€59,510€24,261▼
Stocks and contracts in progress3€14,050€3,175▼
Stocks30/36€14,050€3,175▼
Amounts receivable within one year40/41€3,964€4,567▲
Trade receivables40€3,603€4,535▲
Other amounts receivable41€361€32▼
Cash at bank and in hand54/58€40,679€16,519▼
Deferred charges and accrued income490/1€818-
Equity and liabilities
Total equity and liabilities10/49€66,009€27,721▼
Equity10/15€21,236€7,806▼
Contributions10/11€18,600€18,600=
Reserves13€1,585€1,585=
Non-distributable reserves130/1€1,585€1,585=
Reserves not available under the articles1311€1,585€1,585=
Profit (loss) carried forward14€1,051-€12,379▼
Amounts payable17/49€44,772€19,915▼
Amounts payable within one year42/48€44,772€19,915▼
Trade debts44€9,119€6,884▼
Suppliers440/4€9,119€6,884▼
Taxes, remuneration and social security45€16,213€7,920▼
Taxes450/3€6,277€1,473▼
Remuneration and social security454/9€9,936€6,447▼
Other amounts payable47/48€19,441€5,111▼
Income statement Code20242025
Non-recurring operating income76A€344-
Remuneration, social security and pensions62€116,994€86,285▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,730€3,038▼
Other operating charges640/8€1,035€771▼
Non-recurring operating charges66A€156-
Gross operating margin9900€131,913€77,331▼
Operating profit (loss)9901€9,997-€12,763▼
Financial income75/76B€376€216▼
Recurring financial income75€376€216▼
Financial charges65/66B€959€834▼
Recurring financial charges65€959€834▼
Profit (loss) for the period before taxes9903€9,415-€13,381▼
Income taxes67/77€684€49▼
Profit (loss) for the period9904€8,731-€13,430▼
Profit (loss) for the period to be appropriated9905€8,731-€13,430▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,530-€12,379▼
Profit (loss) brought forward from the previous period14P€9,800€1,051▼
Transfer from equity791/2€521-
Profit to be distributed694/7€18,000-
Return on contributions (dividend)694€18,000-
Social balance
Average headcount (FTE)9087-1.8

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€1,853-€344--
Remuneration, social security and pensions62-€108,805€123,375€116,994€86,285▼ 26.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,424€9,607€9,213€3,730€3,038▼ 18.5%
Other operating charges640/8-€5,094€1,526€1,035€771▼ 25.5%
Non-recurring operating charges66A---€156--
Gross operating margin9900€63,681€118,989€136,563€131,913€77,331▼ 41.4%
Operating profit (loss)9901€2,603-€4,517€2,450€9,997-€12,763▼ 228%
Financial income75/76B-€2,241€241€376€216▼ 42.7%
Recurring financial income75€18,250€2,241€241€376€216▼ 42.7%
Financial charges65/66B-€1,447€1,655€959€834▼ 13.0%
Recurring financial charges65€847€1,447€1,655€959€834▼ 13.0%
Profit (loss) for the period before taxes9903€20,006-€3,724€1,035€9,415-€13,381▼ 242%
Income taxes67/77€553-€235€700€684€49▼ 92.9%
Profit (loss) for the period9904€19,453-€3,489€335€8,731-€13,430▼ 254%
Profit (loss) for the period to be appropriated9905€19,453-€3,489€335€8,731-€13,430▼ 254%
Line20212022202320242025Change
Assets
Total assets20/58€100,481€66,210€75,300€66,009€27,721▼ 58.0%
Fixed assets21/28€37,993€28,386€19,173€6,499€3,460▼ 46.8%
Tangible fixed assets22/27€37,571€27,964€18,751€6,077€3,038▼ 50.0%
Plant, machinery and equipment23-€619€310---
Furniture and vehicles24-€15,192€9,327---
Other tangible fixed assets26-€12,153€9,115€6,077€3,038▼ 50.0%
Financial fixed assets28€422€422€422€422€422=
Current assets29/58€62,488€37,824€56,127€59,510€24,261▼ 59.2%
Stocks and contracts in progress3€14,192€18,710€16,704€14,050€3,175▼ 77.4%
Stocks30/36-€18,710€16,704€14,050€3,175▼ 77.4%
Amounts receivable within one year40/41€5,333€1,976€13,556€3,964€4,567▲ 15.2%
Trade receivables40-€1,976€13,521€3,603€4,535▲ 25.9%
Other amounts receivable41--€35€361€32▼ 91.1%
Cash at bank and in hand54/58€42,963€16,030€20,396€40,679€16,519▼ 59.4%
Deferred charges and accrued income490/1-€1,108€5,471€818--
Equity and liabilities
Total equity and liabilities10/49€100,481€66,210€75,300€66,009€27,721▼ 58.0%
Equity10/15€33,659€30,170€30,506€21,236€7,806▼ 63.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€2,106€2,106€2,106€1,585€1,585=
Non-distributable reserves130/1-€1,585€1,585€1,585€1,585=
Reserves not available under the articles1311-€1,585€1,585€1,585€1,585=
Distributable reserves133-€521€521---
Profit (loss) carried forward14€12,953€9,465€9,800€1,051-€12,379▼ 1,278%
Amounts payable17/49€66,821€36,040€44,795€44,772€19,915▼ 55.5%
Amounts payable after more than one year17€13,226€8,501----
Financial debts170/4-€8,501----
Amounts payable within one year42/48€50,948€27,191€44,795€44,772€19,915▼ 55.5%
Current portion of amounts payable after more than one year42-€4,725----
Trade debts44€9,337€6,066€15,863€9,119€6,884▼ 24.5%
Suppliers440/4-€6,066€15,863€9,119€6,884▼ 24.5%
Taxes, remuneration and social security45-€13,914€16,946€16,213€7,920▼ 51.2%
Taxes450/3-€8,747€10,276€6,277€1,473▼ 76.5%
Remuneration and social security454/9-€5,167€6,670€9,936€6,447▼ 35.1%
Other amounts payable47/48-€2,486€11,986€19,441€5,111▼ 73.7%
Accrued charges and deferred income492/3-€348----
Line20212022202320242025Change
Profit (loss) for the period9904€19,453-€3,489€335€8,731-€13,430▼ 254%
+ Depreciation and write-downs630€6,424€9,607€9,213€3,730€3,038▼ 18.5%
Operating cash flow (approximation)€25,877€6,118€9,548€12,461-€10,392▼ 183%
Investment in fixed assets (approximation)-€0€0€8,944€0▼ 100%
Change in cash--€26,933€4,366€20,283-€24,160▼ 219%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
25-02
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Namur · event 19-02-2026
2025
09-12
NBB filing Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial Weakest financial yearnet -€13,430
Net result drops to -€13,430, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €335
Net result €335 after one loss-making year.
13-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
06-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
23-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
21-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

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.

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

Directors · office · real estate

Directors
2 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, Gembloux · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2.9 ha
Building footprint
5,562 m²
2 parcels, Wallonia. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
BELOUCA
Chaussée de Marche(WD) 893, 5100 NamurHairdressing
since 20162.249.701.501
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92053A0308/00Y000 Wallonia 2.9 ha 1 · 5,179 m² -
92136B0023/00T000 Wallonia 866 m² 1 · 384 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 CéCILE DEBATTY
RUE THéMIS 10, 5000 NAMUR-
19-02-2026 → present

Similar companies · same sector, comparable size

Of 21,732 companies in sector 96210 we hold annual accounts for 2,835. 2,189 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)
Founded21-01-2016
Fiscal year end30-06
Activities, NACEBEL 2025
96210Hairdressing and barber services
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.