Age11 yrs
Board2
Staff (FTE)2
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for BIANELLO GROUP according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €46k and a net result of €8k.
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events13-10-2023
Bankruptcy
Opening
Signals
Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideFiling behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-09-2022, 60 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.
How we compute the deadline
The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2021, that is 31-07-2022.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | nothing on record | not filed | - |
| 31-12-2021 | 31-07-2022 | 29-09-2022 | 60 d late | 2022-20444596 |
| 31-12-2020 | 31-07-2021 | 30-08-2021 | 30 d late | 2021-57200076 |
| 31-12-2019 | 31-07-2020 | 14-09-2020 | 45 d late | 2020-53600388 |
| 31-12-2018 | 31-07-2019 | 26-08-2019 | 26 d late | 2019-53700427 |
| 31-12-2017 | 31-07-2018 | 30-07-2018 | 1 d early | 2018-43200446 |
| 31-12-2016 | 31-07-2017 | 12-06-2017 | 49 d early | 2017-16700043 |
| 31-12-2015 | 31-07-2016 | 10-06-2016 | 51 d early | 2016-16700421 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsRegister: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Turnover€1.46M-2.7%
EBIT margin0.8%-0.4pp
Net result€8k+7206.4%
Working capital€-36k+3.3%
Directors1
Annual accounts & ratios
Source: NBB · 2021Annual accounts filed on 29-09-2022 with the NBB · fiscal year 2021 · volledig
Sector comparison
Fiscal year 2021 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.6% | 31.8% | |
| Net result | €8k | €52k | |
| Equity | €46k | €606k | |
| Gross operating margin | €81k | €99k | |
| Staff costs | €54k | €470k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€1.46M
-2.7%
18-21
€26k
+152.4%
18-21
€8k
+7206.4%
18-21
€17k
+81.4%
18-21
€482k
+21.0%
18-21
€46k
+20.4%
18-21
€-36k
+3.3%
18-21
2
0.0%
18-21
€54k
-
18-21
€4k
+401.7%
18-21
€435k
+21.1%
18-21
€433k
+26.7%
18-21
€2k
-88.5%
18-21
0.92
+2.9%
18-21
0.26
+53.5%
18-21
9.6%
-0.5%
18-21
9.37
+1977.5%
18-21
16.9%
+5968.2%
18-21
1.6%
+5936.3%
18-21
0.2%
-82.0%
18-21
1.8%
-16.7%
18-21
4.95
-
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €26k |
| Net profit | €8k |
| Cash flow | €17k |
| Staff costs | €54k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €482k |
| Equity | €46k |
| Debt | €435k |
| of which ≤ 1y | €433k |
| of which > 1y | €2k |
| Working capital | €-36k |
| Employees (FTE) | 2.0 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.92 |
| Quick ratio | 0.26 |
| Working capital ratio | -7.5% |
| Solvency | 9.6% |
| Debt / equity | 9.37 |
| Long-term debt ratio | 0.04 |
| Interest coverage | 4.95 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.6% |
| ROE | 16.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €482k |
| Fixed assets | 21/28 | €85k |
| Intangible fixed assets | 21 | €8k |
| Tangible fixed assets | 22/27 | €14k |
| Financial fixed assets | 28 | €63k |
| Current assets | 29/58 | €397k |
| Stocks & contracts in progress | 3 | €286k |
| Amounts receivable within one year | 40/41 | €86k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €482k |
| Equity | 10/15 | €46k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €20k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €435k |
| Amounts payable after one year | 17 | €2k |
| Amounts payable within one year | 42/48 | €433k |
| Trade debts payable within one year | 44 | €368k |
| Income statement | ||
| Gross operating margin | 9900 | €81k |
| Operating result | 9901 | €17k |
| Financial income | 75 | €36 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €12k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
You are seeing the latest fiscal year only. 3 prior years (figures + ratios) are in a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2021 · computed0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
AGNELLO LaetitiaAdministrateur statutaireState Gazette act 23324575 (21-03-2023)Current21-03-2023 → present
2 events
- 21-03-2023 Appointed· Administrateur statutaire
- 09-02-2023 Resigned· Director
-
BIASUCCI AlessandroAdministrateur statutaireState Gazette act 23324575 (21-03-2023)Current21-03-2023 → present
2 events
- 21-03-2023 Resigned· Manager
- 21-03-2023 Appointed· Administrateur statutaire
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | INGRID VON FRENCKELL QUAI MARCELLIS 7 7,
4020 LIEGE 2 |
09-10-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Handelsbemiddeling in de groothandel in voedings- en genotmiddelen(46170) |
| Legal form | Private limited company(610) |
| Incorporation | 21-11-2014 |
| Status | Active |
| Postal code | 4020 |
| First BS signal | 13-10-2023 |
| Latest BS signal | 13-10-2023 |
Structure & network
Ownership & control
No ownership or control structure found in the sources.
For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.
1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot 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 Joseph-Prévers 294020 LiègeEstablishment units
1 locationBIANELLO GROUP
since 20142.236.890.373
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette13-10-2023
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
2 acts All acts · 2
updated 3 years ago
2023
21-03-2023 2 directors appointed, 1 resigning
- BIASUCCI Alessandro, Administrateur statutaire
- AGNELLO Laetitia, Administrateur statutaire
- BIASUCCI Alessandro, Zaakvoerder
Notary:
Françoise WERA · Saint-NicolasFirm:
Françoise WERA, Candice COLLARD, Didier TIMMERMANS
09-02-2023 Laetitia Agnello resigns as director
Analysis
Snowflake analysis
financial profile on 5 axes29
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
85
Solvency
16
Growth
43
Stability
0
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 186 of the 1,653 companies in this sector. 135 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Handelsbemiddeling in voedings- en genotmiddelen46170Handelsbemiddeling in de groothandel in voedings- en genotmiddelen46170Handelsbemiddeling gespecialiseerd in andere goederen46180Handelsbemiddeling in de groothandel in andere specifieke goederen46180Groothandel in consumptieaardappelen46311Groothandel in consumptieaardappelen46311Groothandel in dranken, algemeen assortiment46349Groothandel in dranken, algemeen assortiment46349
Primary activity highlighted.
Names & trade names
| Legal nameFR | BIANELLO GROUP |
Registered office
Avenue Joseph-Prévers 29
4020 Liège, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.