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CHALETS FABRICS

Open bankruptcy
Private limited company (pre-2019)founded 2013Rue du Bois de Longuire(Ser.) 18, 5590 Ciney, BelgiumKBO/BCE: BE 0534.553.142

A bankruptcy procedure is open for CHALETS FABRICS according to publications in the Belgian State Gazette; curator: PIERRE RONDIAT.

Summary

The 2022 annual accounts show equity of €1,151 and a net result of -€5,150.

CHALETS FABRICSOpen bankruptcy

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
5 September 2024
Supervising judge
Michel Deneil
Official Gazette
11-09-2024 (pdf) ↗search the document for 2024/134020

Deadlines

Appeal or third-party opposition until
passed on 26 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 15 October 2024Goods 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 5 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Pierre RondiatRue De Sommiere 4C, 5537 04 Haut-Le-Wastiap.rondiat@avocat.be

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

Two signals.
+raises risk
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
Checked, nothing found (1)
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 17 May 2013, CHALETS FABRICS was incorporated.1 Total assets went from EUR 123,278 in 2018 to EUR 84,378 in 2022.2 The company was declared bankrupt on 5 September 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 11-09-2024

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€1,151▼ 81.7%
2021 · €6,301
Total assets
€84,378▼ 8.3%
2021 · €92,056
Net result
-€5,150
2021 · €1,353
Working capital
-€29,918
2021 · €3,107
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20182019202020212022
Operating result€9,446-€7,950▼ 15.8%€20,495▲ 158%€16,963▼ 17.2%€6,265▼ 63.1%
Net result€1,604-€19▼ 98.8%€12,432within the sector's middle half▲ 65,025%€1,353within the sector's middle half▼ 89.1%-€5,150below the sector's middle half
Equity-€7,504--€7,485▲ 0.3%€4,948below the sector's middle half€6,301below the sector's middle half▲ 27.4%€1,151below the sector's middle half▼ 81.7%
Total assets€123,278-€92,800▼ 24.7%€96,128within the sector's middle half▲ 3.6%€92,056within the sector's middle half▼ 4.2%€84,378within the sector's middle half▼ 8.3%
Debt€130,782-€100,284▼ 23.3%€91,180▼ 9.1%€85,755▼ 5.9%€83,227▼ 2.9%
Working capital€10,843-€6,186▼ 42.9%€9,855within the sector's middle half▲ 59.3%€3,107below the sector's middle half▼ 68.5%-€29,918below the sector's middle half
Solvency-6.1%--8.1%▼ 2.0pp5.1%below the sector's middle half▲ 13.2pp6.8%below the sector's middle half▲ 1.7pp1.4%below the sector's middle half▼ 5.5pp
Current ratio1.12-1.08▼ 0.041.12within the sector's middle half▲ 0.041.04below the sector's middle half▼ 0.090.64below the sector's middle half▼ 0.40
Return on assets (ROA)1.3%-0.0%▼ 1.3pp12.9%within the sector's middle half▲ 12.9pp1.5%within the sector's middle half▼ 11.5pp-6.1%below the sector's middle half▼ 7.6pp
Staff (FTE)0.2-
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2018: €9,446€9,446Net result 2018: €1,604€1,604Operating result 2019: €7,950€7,950Net result 2019: €19€19Operating result 2020: €20,495€20,495Net result 2020: €12,432€12,432Operating result 2021: €16,963€16,963Net result 2021: €1,353€1,353Operating result 2022: €6,265€6,265Net result 2022: -€5,150-€5,15020182019202020212022-€10,000€0€10,000€20,000Operating result 2020: €20,495€20,500Net result 2020: €12,432€12,400Operating result 2021: €16,963€17,000Net result 2021: €1,353€1,350Operating result 2022: €6,265€6,260Net result 2022: -€5,150-€5,150202020212022
The operating result has fallen two years in a row; 2022 is 63% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €84,378
Fixed assets €31,069 ▲ 873%
Current assets €53,309 ▼ 40.0%
Equity and liabilities €84,378
Equity €1,151 ▼ 81.7%
Debt €83,227 ▼ 2.9%
Debt's share of the balance-sheet total rises from 93.2% to 98.6%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€13,837▼
2021 · €22,012
Cash flow
€2,422▼
2021 · €6,403
Debt to equity
72.30▲
2021 · 13.61
ROE
-447.3%▼
2021 · 21.5%
Interest coverage
2.05▲
2021 · 1.43
Debt ≤ 1 year
€83,227▼
2021 · €85,755
Income taxes
€4,662▲
2021 · €326
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 · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€92,056€84,378▼
Fixed assets21/28€3,194€31,069▲
Tangible fixed assets22/27€3,194€31,069▲
Plant, machinery and equipment23€3,194€9,092▲
Furniture and vehicles24-€21,977
Current assets29/58€88,862€53,309▼
Amounts receivable within one year40/41€88,862€52,143▼
Trade receivables40€71,559€35,946▼
Other amounts receivable41€17,303€16,197▼
Deferred charges and accrued income490/1-€1,166
Equity and liabilities
Total equity and liabilities10/49€92,056€84,378▼
Equity10/15€6,301€1,151▼
Contributions10/11€6,200€6,200=
Outside capital11-€6,200
Other1109/19-€6,200
Reserves13€672€672=
Non-distributable reserves130/1€672€672=
Reserves not available under the articles1311€672€672=
Profit (loss) carried forward14-€571-€5,720▼
Amounts payable17/49€85,755€83,227▼
Amounts payable within one year42/48€85,755€83,227▼
Current portion of amounts payable after more than one year42€16,272€7,036▼
Financial debts43€30,505€29,765▼
Credit institutions430/8€30,505€29,765▼
Trade debts44€24,314€45,775▲
Suppliers440/4€24,314€45,775▲
Taxes, remuneration and social security45€11,165€651▼
Taxes450/3€11,165€651▼
Other amounts payable47/48€3,500-
Income statement Code20212022
Non-recurring operating income76A€900€1,831▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,050€7,572▲
Other operating charges640/8€1,969€3,205▲
Gross operating margin9900€23,981€17,042▼
Operating profit (loss)9901€16,963€6,265▼
Financial income75/76B€140€9▼
Recurring financial income75€140€9▼
Financial charges65/66B€15,423€6,761▼
Recurring financial charges65€15,423€6,761▼
Profit (loss) for the period before taxes9903€1,679-€488▼
Income taxes67/77€326€4,662▲
Profit (loss) for the period9904€1,353-€5,150▼
Profit (loss) for the period to be appropriated9905€1,353-€5,150▼
Appropriation of the result
Profit (loss) to be appropriated9906-€571-€5,720▼
Profit (loss) brought forward from the previous period14P-€1,924-€571▲

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

Line20182019202020212022Change
Non-recurring operating income76A---€900€1,831▲ 103%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,089€13,429€6,581€5,050€7,572▲ 49.9%
Other operating charges640/8---€1,969€3,205▲ 62.8%
Gross operating margin9900€31,396€23,280€27,748€23,981€17,042▼ 28.9%
Operating profit (loss)9901€9,446€7,950€20,495€16,963€6,265▼ 63.1%
Financial income75/76B---€140€9▼ 93.8%
Recurring financial income75€450€1,473€30€140€9▼ 93.8%
Financial charges65/66B---€15,423€6,761▼ 56.2%
Recurring financial charges65€8,291€9,404€8,024€15,423€6,761▼ 56.2%
Profit (loss) for the period before taxes9903€1,604€19€12,501€1,679-€488▼ 129%
Income taxes67/77--€69€326€4,662▲ 1,331%
Profit (loss) for the period9904€1,604€19€12,432€1,353-€5,150▼ 481%
Profit (loss) for the period to be appropriated9905€1,604€19€12,432€1,353-€5,150▼ 481%
Line20182019202020212022Change
Assets
Total assets20/58€123,278€92,800€96,128€92,056€84,378▼ 8.3%
Fixed assets21/28€24,959€12,000€5,419€3,194€31,069▲ 873%
Tangible fixed assets22/27€24,959€12,000€5,419€3,194€31,069▲ 873%
Plant, machinery and equipment23---€3,194€9,092▲ 185%
Furniture and vehicles24----€21,977-
Current assets29/58€98,320€80,800€90,709€88,862€53,309▼ 40.0%
Amounts receivable within one year40/41€96,888€79,946€90,709€88,862€52,143▼ 41.3%
Trade receivables40---€71,559€35,946▼ 49.8%
Other amounts receivable41---€17,303€16,197▼ 6.4%
Deferred charges and accrued income490/1----€1,166-
Equity and liabilities
Total equity and liabilities10/49€123,278€92,800€96,128€92,056€84,378▼ 8.3%
Equity10/15-€7,504-€7,485€4,948€6,301€1,151▼ 81.7%
Contributions10/11€6,200--€6,200€6,200=
Outside capital11----€6,200-
Other1109/19----€6,200-
Reserves13€672€672€672€672€672=
Non-distributable reserves130/1---€672€672=
Reserves not available under the articles1311---€672€672=
Profit (loss) carried forward14-€14,375-€14,356-€1,924-€571-€5,720▼ 902%
Amounts payable17/49€130,782€100,284€91,180€85,755€83,227▼ 2.9%
Amounts payable after more than one year17€43,305€25,671€10,326---
Amounts payable within one year42/48€87,477€74,614€80,855€85,755€83,227▼ 2.9%
Current portion of amounts payable after more than one year42---€16,272€7,036▼ 56.8%
Financial debts43---€30,505€29,765▼ 2.4%
Credit institutions430/8---€30,505€29,765▼ 2.4%
Trade debts44€40,550€23,773€30,349€24,314€45,775▲ 88.3%
Suppliers440/4---€24,314€45,775▲ 88.3%
Taxes, remuneration and social security45---€11,165€651▼ 94.2%
Taxes450/3---€11,165€651▼ 94.2%
Other amounts payable47/48---€3,500--
Line20182019202020212022Change
Profit (loss) for the period9904€1,604€19€12,432€1,353-€5,150▼ 481%
+ Depreciation and write-downs630€14,089€13,429€6,581€5,050€7,572▲ 49.9%
Operating cash flow (approximation)€15,694€13,448€19,013€6,403€2,422▼ 62.2%
Investment in fixed assets (approximation)--€470€0-€2,825-€35,447▼ 1,155%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
11-09
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Namur · event 05-09-2024
2023
08-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 130 days late
2022
31-12
Financial Weakest financial yearnet -€5,150
Net result drops to -€5,150, the lowest in the series.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
16-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 228 days late
15-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 592 days late
2021
15-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 807 days late
2020
31-12
Financial Highest result since 2018net €12,432 ▲65,025%
Operating result €20,495, net result €12,432, both a record.
2018
14-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 136 days late
2017
07-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 129 days late
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
25-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated 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, Ciney · 1 establishment unit since 2013
seat establishment approximate The establishment unit on the map
Ground area
7,093 m²
Building footprint
119 m²
Parcel 91118C0059/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chalets Fabrics
Rue du Bois de Longuire(Ser.) 18, 5590 CineyUrban planning and landscape architecture
since 20132.220.419.278
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91118C0059/00L000 Wallonia 7,093 m² 1 · 119 m² -
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

1 mandate
Role Name Tenure
Curator PIERRE RONDIAT
RUE DE SOMMIERE 4C, 5537 04 HAUT-LE-WASTIA
05-09-2024 → present

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 909 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)
Founded17-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
81300Landscape service activities
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.