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BUBBLING

In bankruptcy Private limited company (pre-2019)founded 1995Chaussée de Waremme 43, 4540 AmayKBO/BCE: BE 0454.400.854

Overview

Information for creditors

Enterprise Court of Liège, Liège division · Official Gazette of 15-03-2023
Filing the claim in RegSol 08-03-2023First verification report 23-03-2023Appeal or third-party opposition 30-03-2023Late claim 06-02-2024

Trustee: Nahema Mokeddem. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

15 annual accounts with figures on one time axis, 26 filings since 1995
peak €98,270 (2007)
€35,420▼ 17.6%
lowest -€86,426 (2020)
-€86,426▼ €42,125
peak €74,189 (2006)
-€128,328▼ €86,426
€170,697▲ 40.3%
peak 5.2 FTE (2008)
2 FTEunchanged
Board2 names since 2018
- 
Documentsfilings and deeds
31-03-2022243 days late
2020micro format
Gross margin from €42,998 to €35,420Loss of €86,426Equity from -€41,902 to -€128,328Debts from €121,665 to €170,697Investments €4,693

Key points

from the 2020 annual accounts, the last ones filed

Equity

-€128,328 from €74,189 in 2006

Equity fell below zero in 2019.

Debts

€170,697 403% of the balance sheet
After one year 7%Within one year 93%

Of this, €158,809 falls due within a year.

Filings

26 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2020 accounts came latest: 243 days after the end of the period.

No score

Board and ownership

last known board
CL
Manager, until 2018
MA
Manager, last mentioned in 2018
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 06-02-2023 · Bankruptcy
Company renamed from LAFARQUE Christian to BUBBLING Resignation: Christian LAFARQUE (statutory manager) · Appointment: ANTOINE Michaël Philippe (manager) · “Les prestations manuelles effectuées afin de récolter les informations permettant la míse en valeur du bien…” (deed in French) · General meeting of 29-03-2018 · Gazette deed
Registered office moved from Verviers to Amay New registered office: Chaussée de Waremme n° 43 à 4540 Amay · Previous registered office: Avenue des Nations Unies n° 14 à 4800 Verviers · Resignation: Christian LAFARQUE (manager) · General meeting of 15-02-2018 · Gazette deed
First establishment Chaussée de Waremme 43, Amay
All 34 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 06-02-2023
Activity
Advertising agenciesNACE 73110and 1 other
Establishment unit
2.070.351.9644540 Amay, since 20-02-1995
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€35,420▼ 17.6%
≈ €94,000estimated
€86,426▲ 95.1%
-€128,328▼ 206%
€42,369▼ 46.9%
2 FTE=
Filing
Filed on 31-03-2022
Financials

Insights on BUBBLING

Equity fell from €74,189 in 2006 to -€128,328 in 2020, while debts rose from €82,107 to €170,697.

On 6 February 2023 the court declared BUBBLING bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 31-03-2022, 243 days late
€35,420
▼ 17.6%
-€79,168
▼ €38,520
-€86,426
▼ €42,125
-€124,061
▼ €94,803
-302.9%
▼ 250.3 percentage points
0.22
▼ 0.50

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €94,000. Estimated: probably between €66,000 and €130,000.

Balance sheet

balance sheet total €42,369 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-302.9%

Lower than 95% of 5,900 companies in 2020.

0.22

Higher than 7% of 5,701 companies in 2020.

-204.0%

Lower than 95% of 5,764 companies in 2020.

BUBBLING Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: middle half

Staff

€53,189

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 42,36979,76356,69521138968,78847,04851,34658,33867,01874,67186,350105,737137,557156,296
21/28 7,6215,1286,684--30319,15223,23227,61530,10032,85242,28651,87263,51175,892
22/27 7,3544,8616,684--30319,15223,23227,61530,10032,85242,28651,87263,51175,892
23 ------18,11922,38026,64128,80132,85236,90341,23747,02053,546
24 7,3544,8616,684--3031,0338529741,299-5,38310,63516,49122,346
28 267267-------------
29/58 34,74974,63550,01221138968,48527,89628,11430,72336,91841,81944,06453,86574,04680,404
3 -----22,80222,80223,95728,14831,22228,34428,89529,37329,11326,970
30/36 -----22,80222,80223,95728,14831,22228,34428,89529,37329,11326,970
40/41 23,56360,13945,44221138545,1452577131,3081,0304384275213352,684
40 23,56347,44231,751--45,000333771,012-----496
41 -12,69813,6912113851452243362961,0304384275213352,188
50/53 -------81731,95810,1417,60519,19437,88242,746
54/58 4,2474,6791,109-4704,0151,8558091,9171,6505,1572,0873,7844,779
490/1 6,9399,8173,461--4688221,5073857911,2461,9802,6902,9323,225
Balance sheet: equity and liabilities
10/49 42,36979,76356,69521138968,78847,04851,34658,33867,01874,67186,350105,737137,557156,296
10/15 -128,328-41,9022,399211-49,062-24,890-15,684-17,4487,32027,70539,46748,03050,94461,55274,189
10/11 43,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,381
100 -43,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,50043,381
13 17,35017,35017,35017,35017,35017,35017,35017,35017,35017,35017,35017,35017,35017,35030,775
130/1 4,350--------------
130 -4,3504,3504,3504,3504,3504,3504,3504,3504,3504,3504,3504,3504,3504,338
1311 4,350--------------
133 13,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00026,437
14 -189,178-102,752-58,451-60,639-109,912-85,740-76,534-78,298-53,530-33,145-21,383-12,820-9,90670233
17/49 170,697121,66554,296-49,45193,67862,73268,79451,01839,31335,20438,32054,79376,00582,107
17 11,54117,42424,606--------4,89110,22824,38539,877
170/4 11,54117,42424,606--------4,89110,22824,38539,877
42/48 158,809103,89429,343-49,45193,67862,73268,79451,01839,31335,08433,42944,47651,39741,743
42 6,0836,2955,991-------4,8915,33614,15715,49215,043
43 --6,385----2,0662,4122,049-----
430/8 --6,385----2,0662,4122,049-----
44 49,88958,74111,288--46,1373,4205,9845,7714,3527,0036,29511,74814,1018,288
440/4 49,88958,74111,288--46,1373,4205,9845,7714,3527,0036,29511,74814,1018,288
45 77,53330,778---8410,2828,90713,10813,5439,5419,37514,15621,07517,749
450/3 27,30910,269---841,9033,1413,6944,3333,9464,0764,7775,2375,017
454/9 50,22420,509----8,3795,7669,4149,2095,5955,2999,37915,83812,732
47/48 25,3048,0805,680-49,45147,45649,03151,83729,72719,37013,64912,4234,415729663
492/3 348348348-------120-89223487
Income statement
76A ---50,843-15,649--------496
9900 35,42042,9984,81549,786-361-1,20070,48557,83870,37780,58273,86986,18892,21598,27094,431
62 106,37880,823----60,96574,88783,24884,55969,86379,14687,23295,06278,588
630 2,2001,823608-3037294,9904,6874,5854,3759,4349,58612,28512,38112,498
640/8 6,0101,0001,3723485834,4091,0329661,0941,1911,0129441,1101,3201,072
66A ----22,80218,119---------
9901 -79,168-40,6482,83549,438-24,048-6,3393,499-22,702-18,550-9,544-6,440-3,488-8,412-10,4932,273
75/76B 0-0---155933831152,823359752777
75 0-0---155933831152,823359752777
65/66B 6,8533,1406471651243971,7512,1241,8662,3012,2382,2492,5552,8962,751
65 6,8533,1406471651243971,7512,1241,8662,3012,2382,2492,5552,8962,751
9903 -86,021-43,7882,18849,273-24,172-9,2051,763-24,767-20,384-11,762-8,563-2,914-10,608-12,637795
67/77 405513----001------
9904 -86,426-44,3012,18849,273-24,172-9,2051,763-24,767-20,385-11,762-8,563-2,914-10,608-12,637795
9905 -86,426-44,3012,18849,273-24,172-9,2051,763-24,767-20,385-11,762-8,563-2,914-10,608-12,637795
Appropriation of the result
9906 -189,178-102,752-58,451-60,639-109,912-85,740-76,534-78,298-53,530-33,145-21,383-12,820-9,906-12,6041,033
791/2 -------------13,318-
691/2 -------------121,000
6920 -------------12-
6921 --------------1,000
Social balance sheet
9087 22----2.63344.35.25.254
Hours worked1013 3,4703,470----5,3125,5635,2306,3227,7906,8957,4018,6657,824
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 31-03-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2020 annual accounts filed 243 days after the deadline. Filed on 31 March 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-10000148.

Financial year Type Filed Reference Document
31-12-2020 micro format 31-03-2022 2022-10000148 PDF
31-12-2019 micro format 29-10-2020 2020-64300137 PDF
31-12-2018 micro format 26-09-2019 2019-67100237 PDF
31-12-2017 micro format 28-08-2018 2018-50600524 PDF
31-12-2016 micro format 24-07-2017 2017-33900247 PDF
31-12-2015 full format 19-05-2016 2016-12400450 PDF
31-12-2014 full format 08-07-2015 2015-27700223 PDF
31-12-2013 full format 06-08-2014 2014-39500212 PDF
31-12-2012 full format 30-08-2013 2013-50300233 PDF
31-12-2011 full format 29-05-2012 2012-12500526 PDF
31-12-2010 full format 25-07-2011 2011-33000141 PDF
31-12-2009 full format 19-07-2010 2010-32000336 PDF
31-12-2008 full format 27-07-2009 2009-48100078 PDF
31-12-2007 full format 24-07-2008 2008-46900217 PDF
31-12-2006 full format 17-07-2007 2007-42400052 PDF
31-12-2005 full format 24-07-2006 2006-51801951 PDF
31-12-2004 full format 28-07-2005 2005-59704560 PDF
31-12-2003 full format 15-10-2004 2004-73802925 PDF
31-12-2002 full format 25-07-2003 2003-51304859 PDF
31-12-2001 full format 02-12-2002 2002-74602854 PDF
31-12-2000 full format 10-08-2001 2001-49604045 PDF
31-12-1999 full format 11-08-2000 2000-51102916 PDF
31-12-1998 full format 08-11-1999 1999-57704008 PDF
31-12-1997 full format 05-06-1998 1998-14002684 PDF
31-12-1996 full format 18-06-1997 1997-16804043 PDF
31-12-1995 full format 10-06-1996 1996-13904964 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015201420132012201120102009200820072006
-76,968-38,8253,443--23,745-5,6098,489-18,015-13,965-5,1692,9946,0983,8731,88814,771
-84,226-42,4792,796--23,869-8,4766,753-20,081-15,800-7,3878716,6721,677-25613,293
4,6932677,291-0-18,1199103042,1001,62300646028,531
-4323,570---66-3,9452,1601,046-1,108267-3,5073,070-1,697-995-
-124,061-29,25820,669--49,062-25,193-34,836-40,679-20,295-2,3956,73510,6359,38922,64938,661
-302.9%-52.5%4.2%---36.2%-33.3%-34.0%12.5%41.3%52.9%55.6%48.2%44.7%47.5%
0.220.721.70--0.730.440.410.600.941.191.321.211.441.93
0.220.721.70--0.490.080.060.050.140.380.450.550.871.28
--22.63-----6.971.420.890.801.081.231.11
--91.2%------278.5%-42.5%-21.7%-6.1%-20.8%-20.5%1.1%
-204.0%-55.5%3.9%---13.4%3.7%-48.2%-34.9%-17.6%-11.5%-3.4%-10.0%-9.2%0.5%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on BUBBLING

The operating result for 2020 is a loss of €79,168, larger than the loss of €40,648 in 2019. It is the lowest result since 2006.

Equity is negative. Debt (€170,697) exceeds the balance-sheet total (€42,369).

Board & ownership

Curator

the curator has managed the company since 06-02-2023
Curator, Place Francois Faniel 18, 4520 Wanze
Also on 30 other cases

Mandates through the years

2 names, the dashed line is today
Christian LAFARQUE
Statutory manager
Michaël ANTOINE
Manager (not named in the articles)
Earliermandate already running before its first mentionend not datedBankruptcy 06-02-2023
Mandates as a list
  • Christian LAFARQUE
    • Manager, until 08-03-2018
    • Statutory manager, until 04-05-2018
  • Michaël ANTOINE
    • Manager (not named in the articles), appointed by deed of 04-05-2018, last mentioned in 2018

See the board, name and registered office on a given date →

Control

Capital

Capital
€43,500
Source
2019 annual accounts

Articles of association

deed of 04-05-2018 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

Office holders in the KBO →

Network & group

No group

BUBBLING has no parent and no holdings in its annual accounts.

Earlier ties

BLAES
via Michaël ANTOINE, at BUBBLING, last mentioned in 2018 · Director · deed of 08-05-2026
founded in 2019 · negative equity (2024) · accounts filed late
total assets €335 (2024)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

34 events since 1995
2023
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 06-02-2023
2022
Annual accounts 2020 filed PDFmicro format · 243 days late
2020
Weakest financial year net -€86,426 The net result drops to -€86,426, the lowest from 2006 to 2020.
Annual accounts 2019 filed PDFmicro format · 90 days late
2019
Annual accounts 2018 filed PDFmicro format · 57 days late
2018
Annual accounts 2017 filed PDFmicro format · 28 days late
Company renamed from LAFARQUE Christian to BUBBLINGResignation: Christian LAFARQUE (statutory manager) · Appointment: ANTOINE Michaël Philippe (manager) · “Les prestations manuelles effectuées afin de récolter les informations permettant la míse en valeur du bien…” (deed in French) · General meeting of 29-03-20185 points ▸
  • General meeting, 29-03-2018
  • Name change, BUBBLING
  • Director resignation, Christian LAFARQUE (statutory manager)
  • Director appointment, ANTOINE Michaël Philippe (manager (not named in the articles))
  • Capital, €43,500
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Registered office moved from Verviers to AmayNew registered office: Chaussée de Waremme n° 43 à 4540 Amay · Previous registered office: Avenue des Nations Unies n° 14 à 4800 Verviers · Resignation: Christian LAFARQUE (manager) · General meeting of 15-02-20185 points ▸
  • General meeting, 15-02-2018
  • Director resignation, Christian LAFARQUE (manager)
  • Director discharge, Christian LAFARQUE (manager)
  • Director appointment, Michaël ANTOINE (manager)
  • Registered-office move, Chaussée de Waremme n° 43 à 4540 Amay
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2017
Back to profit net €49,273 The net result is €49,273, after 2 loss-making years.
Annual accounts 2016 filed PDFmicro format · 7 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 73 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 23 days before the deadline
2014
Back to profit net €1,763 The net result is €1,763, after 7 loss-making years.
Annual accounts 2013 filed PDFfull format · 6 days late
2013
Annual accounts 2012 filed PDFfull format · 30 days late
2012
Annual accounts 2011 filed PDFfull format · 63 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 6 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 12 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 4 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 7 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 14 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
First establishment Chaussée de Waremme 43, Amay
Incorporation 17 publications in the Belgian Official Gazette, the last on 04-05-2018 · published on 21-02-1995

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 30 January 1995, BUBBLING was incorporated.1 In 2018 the company took the name BUBBLING.2 The registered office was moved to Amay in 2018.3 Total assets went from €56,695 in 2018 to €42,369 in 2020.4 The company was declared bankrupt on 6 February 2023.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-05-2018
  3. 3Belgian Official Gazette, 08-03-2018
  4. 4National Bank, annual accounts 2018 and 2020
  5. 5Belgian Official Gazette, 15-03-2023

Company details

Identity

Enterprise number
0454.400.854
VAT number
BE 0454.400.854
Legal form
Private limited company (pre-2019)
Status
In bankruptcy, since 06-02-2023
Founded
30-01-1995
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
BUBBLING in French
Former name
LAFARQUE Christian until 29-03-2018 · deed of 04-05-2018
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-05-2018 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Chaussée de Waremme 43, 4540 Amay”
deed of 04-05-2018 (in French)

Activities

NACEBEL 2025
73110 Advertising agencies main activity
Codes under NACEBEL 2008
73110 Advertising, market research and public relations activities main activity
74102 Other professional, scientific and technical activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Les prestations manuelles effectuées afin de récolter les informations permettant la míse en valeur du bien (métré, rangement, prise de…”
16 activities
  1. Les prestations manuelles effectuées afin de récolter les informations permettant la míse en valeur du bien (métré, rangement, prise de vues,...)
  2. Le placement sur biens immobiliers de panneaux, bâches ou autres supports permettant la commercialisation du bien
  3. Tous actes ayant rapport à la conception, la création, la mise en forme en 2 ou 3 dimensions, le développement, la réalisation et la production d'euvres audio-visuelles, publicitaires, architecturales, graphiques et infographiques, télévisées ou autres, au moyen de hautes technologíes, y compris l'informatique sur quelque support que ce soit et tous actes se rapportant à la publicité
  4. La création de modèles en 3 dimensions pour la visualisation de concept dans le domaine du design et de projets d'architecture
  5. La création d'animations 3 dimensions didactiques
  6. La réalisation, le développement, la conception d'images, plans, vidéos et publicités, de tous graphiques, de publicité et de tous supports en découlant, la mise en application ainsi que la commercialisation de tout ce qui s'y rapporte
  7. La vente de services marketing et de présentation de biens immobiliers
  8. Les activités de home staging
  9. Les activités d'architecture d'intérieur
  10. La vente de solution de gestion de back-office dans le secteur immobilier
  11. Le transport routier de marchandises, de colis, d'objets, livraisons et installation de marchandises diverses
  12. À la photo aérienne et prise de vue aérienne (service aux particuliers et professionnels)
  13. À la fourniture de tous conseils, études et prestations en matière de drone et aéronautique
  14. À l'exploitation commerciale de drones civils et touchera les domaines de la prise de vue, de la topographie et de l'infra-rouge
  15. À toute activité liée à l'audiovisuel, au numérique et ou web
  16. Le développement et la conception des sites multimédia et "internet"
deed of 04-05-2018 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Chaussée de Waremme 43 registered office 4540 Amay 18130 Pre-press and pre-media services 20-02-1995 2.070.351.964
1 former office
  • Avenue des Nations Unies n° 14, 4800 Verviers until 15-02-2018 · deed of 08-03-2018

Buildings and parcels at the address

Ground area
1,611 m²
Buildings
81 m²
Volume, LiDAR
439 m³
Tallest building
6.8 m
Buildings to scale, each on its own parcel
81 m², 6.8 m 81 m², 6.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
61004A0639/00F0091,611 m² 1 · 81 m² 6.8 m · 2