COUFRA
Open bankruptcyAre 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
- 16 April 2026
- Supervising judge
- Regis Gillard
- Official Gazette
- 26-06-2026 (pdf) ↗search the document for 2026/128533
Deadlines
- File the claim in RegSol until
- passed on 16 May 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 May 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
- Appeal or third-party opposition until
- passed on 11 July 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- 16 April 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Christophe HubertRue Frappe Cul 19, 5170 01 Lustinc.hubert@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€149,588
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
1 d early
2023
28 d late
2022
6 d early
2021
27 d early
2020
25 d late
2019
24 d early
2018
26 d late
← 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 3 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list How is the Agents in non-specialised wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€149,588
2023 · €54,614
Total assets
€74,919▲ 19.5%
2023 · €62,674
Net result
-€204,202▼ 31,520%
2023 · -€646
Working capital
€52,416▼ 2.4%
2023 · €53,705
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€21,265▲ 62.2%€10,589▼ 50.2%€9▼ 99.9%-€571-€203,821▼ 35,607%
Net result€17,828within the sector's middle half▲ 37.2%€7,541within the sector's middle half▼ 57.7%-€65within the sector's middle half-€646within the sector's middle half▼ 886%-€204,202below the sector's middle half▼ 31,520%
Equity€47,785within the sector's middle half▲ 59.5%€55,325within the sector's middle half▲ 15.8%€55,260within the sector's middle half▼ 0.1%€54,614within the sector's middle half▼ 1.2%-€149,588below the sector's middle half
Total assets€55,641below the sector's middle half▲ 30.4%€62,671below the sector's middle half▲ 12.6%€58,308below the sector's middle half▼ 7.0%€62,674below the sector's middle half▲ 7.5%€74,919within the sector's middle half▲ 19.5%
Debt€7,856▼ 38.2%€7,346▼ 6.5%€3,048▼ 58.5%€8,060▲ 164%€14,507▲ 80.0%
Working capital€35,498within the sector's middle half▲ 290%€49,999within the sector's middle half▲ 40.9%€53,884within the sector's middle half▲ 7.8%€53,705within the sector's middle half▼ 0.3%€52,416within the sector's middle half▼ 2.4%
Solvency85.9%above the sector's middle half▲ 15.7pp88.3%above the sector's middle half▲ 2.4pp94.8%above the sector's middle half▲ 6.5pp87.1%above the sector's middle half▼ 7.6pp-199.7%below the sector's middle half▼ 286.8pp
Current ratio5.52above the sector's middle half▲ 3.807.81above the sector's middle half▲ 2.2918.68above the sector's middle half▲ 10.877.66above the sector's middle half▼ 11.024.61above the sector's middle half▼ 3.05
Return on assets (ROA)32.0%above the sector's middle half▲ 1.6pp12.0%within the sector's middle half▼ 20.0pp-0.1%within the sector's middle half▼ 12.1pp-1.0%within the sector's middle half▼ 0.9pp-272.6%below the sector's middle half▼ 271.5pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
The operating result stays negative: a loss of €203,821 in 2024 against €571 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,919
Fixed assets
€7,996 ▲ 780%
Current assets
€66,923 ▲ 8.4%
Equity and liabilities
Equity-€149,588
Debt€14,507
Equity is negative: debt (€14,507) exceeds the balance-sheet total (€74,919).
Key figures and ratios
EBITDA
-€202,613▼
2023 · €417
Cash flow
-€202,994▼
2023 · €342
Interest coverage
-532.17▼
2023 · 5.56
Debt ≤ 1 year
€14,507▲
2023 · €8,060
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,961 | €6,961 | €3,951 | €988 | €1,208 | ▲ 22.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €210,000 | - |
| Other operating charges640/8 | - | €2,782 | €2,826 | €3,326 | €3,390 | ▲ 1.9% |
| Gross operating margin9900 | €31,225 | €20,332 | €6,785 | €3,743 | €10,777 | ▲ 188% |
| Operating profit (loss)9901 | €21,265 | €10,589 | €9 | -€571 | -€203,821 | ▼ 35,607% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | €0 | - | - | €0 | - | - |
| Financial charges65/66B | - | €94 | €14 | €75 | €381 | ▲ 408% |
| Recurring financial charges65 | - | €94 | €14 | €75 | €381 | ▲ 408% |
| Profit (loss) for the period before taxes9903 | €21,265 | €10,495 | -€5 | -€646 | -€204,202 | ▼ 31,520% |
| Income taxes67/77 | €3,438 | €2,954 | €60 | - | - | - |
| Profit (loss) for the period9904 | €17,828 | €7,541 | -€65 | -€646 | -€204,202 | ▼ 31,520% |
| Profit (loss) for the period to be appropriated9905 | €17,828 | €7,541 | -€65 | -€646 | -€204,202 | ▼ 31,520% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €55,641 | €62,671 | €58,308 | €62,674 | €74,919 | ▲ 19.5% |
| Fixed assets21/28 | €12,287 | €5,326 | €1,376 | €909 | €7,996 | ▲ 780% |
| Tangible fixed assets22/27 | €12,287 | €5,326 | €1,376 | €909 | €7,996 | ▲ 780% |
| Furniture and vehicles24 | - | €0 | €0 | €389 | €215 | ▼ 44.7% |
| Other tangible fixed assets26 | - | €5,326 | €1,376 | €520 | €7,781 | ▲ 1,395% |
| Current assets29/58 | €43,354 | €57,344 | €56,932 | €61,765 | €66,923 | ▲ 8.4% |
| Amounts receivable within one year40/41 | €11,056 | €27,580 | €36,929 | €43,832 | €60,681 | ▲ 38.4% |
| Trade receivables40 | - | €1,728 | €1,816 | €1,964 | €11,534 | ▲ 487% |
| Other amounts receivable41 | - | €25,852 | €35,114 | €41,868 | €49,147 | ▲ 17.4% |
| Cash at bank and in hand54/58 | €30,051 | €26,968 | €18,268 | €16,237 | €4,097 | ▼ 74.8% |
| Deferred charges and accrued income490/1 | - | €2,796 | €1,734 | €1,696 | €2,145 | ▲ 26.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €55,641 | €62,671 | €58,308 | €62,674 | €74,919 | ▲ 19.5% |
| Equity10/15 | €47,785 | €55,325 | €55,260 | €54,614 | -€149,588 | ▼ 374% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | - | - | - |
| Other1109/19 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €9,401 | €9,401 | €9,401 | €9,401 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €7,541 | €7,541 | €9,401 | €9,401 | = |
| Profit (loss) carried forward14 | €27,325 | €27,325 | €27,259 | €26,613 | -€177,588 | ▼ 767% |
| Provisions and deferred taxes16 | - | - | - | - | €210,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €210,000 | - |
| Other liabilities and charges164/5 | - | - | - | - | €210,000 | - |
| Amounts payable17/49 | €7,856 | €7,346 | €3,048 | €8,060 | €14,507 | ▲ 80.0% |
| Amounts payable within one year42/48 | €7,856 | €7,346 | €3,048 | €8,060 | €14,507 | ▲ 80.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,000 | €2,364 | ▼ 70.4% |
| Trade debts44 | €4,300 | €954 | €33 | - | €12,143 | - |
| Suppliers440/4 | - | €954 | €33 | - | €12,143 | - |
| Taxes, remuneration and social security45 | - | €6,392 | €3,015 | €60 | - | - |
| Taxes450/3 | - | €6,392 | €3,015 | €60 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,828 | €7,541 | -€65 | -€646 | -€204,202 | ▼ 31,520% |
| + Depreciation and write-downs630 | €6,961 | €6,961 | €3,951 | €988 | €1,208 | ▲ 22.3% |
| Operating cash flow (approximation) | €24,788 | €14,501 | €3,885 | €342 | -€202,994 | ▼ 59,481% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€521 | -€8,295 | ▼ 1,492% |
| Change in cash | - | -€3,082 | -€8,700 | -€2,032 | -€12,139 | ▼ 498% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
26-06
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 16-04-2026
2025
01-12
KBO administration
Address struck
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€204,202
Net result drops to -€204,202, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 18.68
Current ratio from 7.81 to 18.68; short-term debt falls from €7,346 to €3,048.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 5.52
Current ratio from 1.72 to 5.52; short-term debt falls from €12,708 to €7,856.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 1.72
Current ratio from 0.71 to 1.72; short-term debt falls from €39,810 to €12,708.
Show earlier events
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Walcourt · 1 establishment unit since 2000
Ground area
1.3 ha
Building footprint
309 m²
Parcel 93078B0141/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20002.096.347.370
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93078B0141/00T000 | Wallonia | 1.3 ha | 1 · 309 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 | CHRISTOPHE HUBERT Rue Frappe Cul 19, 5170 01 Lustin |
16-04-2026 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 6,138 companies in this sector we hold annual accounts for 2,575. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded14-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
90111Literary creation
Contact
E-mail
coufra@skynet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466849221
Also
9925:BE0466849221
Registered
26-11-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.