CUISIMODE
Bankruptcy closedInactive since 02-05-2026; last annual accounts for fiscal year 2023.
Summary
CUISIMODE was declared bankrupt on 30-09-2024 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed by liquidation by judgment of 27-04-2026, published in the Belgian State Gazette on 07-05-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 12-08-2024, 12 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
12 d late
2022
10 d late
2021
30 d early
2020
5 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Retail sale of household furniture sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€12,073
2022 · €1,005
Working capital
€83,311▼ 63.8%
2022 · €229,909
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€53,913▲ 351%-€44,112€25,290€8,128▼ 67.9%€8,245▲ 1.4%
Net result€43,648▲ 1,504%-€52,564€17,813€1,005▼ 94.4%-€12,073
Equity€140,318▲ 45.2%€87,754▼ 37.5%€105,567▲ 20.3%€106,572▲ 1.0%€94,499▼ 11.3%
Total assets€598,348▼ 15.2%€483,937▼ 19.1%€489,760▲ 1.2%€483,065▼ 1.4%€388,698▼ 19.5%
Debt€458,030▼ 24.8%€396,183▼ 13.5%€384,193▼ 3.0%€376,493▼ 2.0%€294,199▼ 21.9%
Working capital€300,018▼ 12.9%€226,599▼ 24.5%€225,546▼ 0.5%€229,909▲ 1.9%€83,311▼ 63.8%
Staff (FTE)2▼ 60.0%2=11=
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 1% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €388,698
Fixed assets
€28,716 ▼ 15.1%
Current assets
€359,982 ▼ 19.9%
Equity and liabilities €388,698
Equity
€94,499 ▼ 11.3%
Debt
€294,199 ▼ 21.9%
Debt's share of the balance-sheet total falls from 77.9% to 75.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13,338▲
2022 · €13,187
Cash flow
-€6,980▼
2022 · €6,064
Current ratio
1.30▼
2022 · 2.05
Quick ratio
0.40▼
2022 · 0.78
Debt to equity
3.11▼
2022 · 3.53
ROE
-12.8%▼
2022 · 0.9%
ROA
-3.1%▼
2022 · 0.2%
Interest coverage
1.31▼
2022 · 1.60
Debt ≤ 1 year
€276,671▲
2022 · €219,347
Debt > 1 year
€17,464▼
2022 · €156,461
Income taxes
€10,172
Staff costs
€32,660▲
2022 · €27,381
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,048 | €1,724 | €4,669 | ▲ 171% |
| Remuneration, social security and pensions62 | - | - | €17,193 | €27,381 | €32,660 | ▲ 19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,821 | €2,852 | €2,852 | €5,059 | €5,093 | ▲ 0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €8,888 | - | - |
| Other operating charges640/8 | - | - | €560 | €284 | €771 | ▲ 171% |
| Non-recurring operating charges66A | - | - | €1,500 | - | - | - |
| Gross operating margin9900 | €119,476 | €5,950 | €47,395 | €49,740 | €46,769 | ▼ 6.0% |
| Operating profit (loss)9901 | €53,913 | -€44,112 | €25,290 | €8,128 | €8,245 | ▲ 1.4% |
| Financial income75/76B | - | - | €350 | €1,142 | - | - |
| Recurring financial income75 | €20 | €343 | €350 | €1,142 | - | - |
| Financial charges65/66B | - | - | €7,827 | €8,265 | €10,146 | ▲ 22.8% |
| Recurring financial charges65 | €10,069 | €8,795 | €7,827 | €8,265 | €10,146 | ▲ 22.8% |
| Profit (loss) for the period before taxes9903 | €43,864 | -€52,564 | €17,813 | €1,005 | -€1,901 | ▼ 289% |
| Income taxes67/77 | €216 | - | - | - | €10,172 | - |
| Profit (loss) for the period9904 | €43,648 | -€52,564 | €17,813 | €1,005 | -€12,073 | ▼ 1,301% |
| Profit (loss) for the period to be appropriated9905 | €43,648 | -€52,564 | €17,813 | €1,005 | -€12,073 | ▼ 1,301% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €598,348 | €483,937 | €489,760 | €483,065 | €388,698 | ▼ 19.5% |
| Fixed assets21/28 | €19,791 | €16,940 | €14,088 | €33,809 | €28,716 | ▼ 15.1% |
| Tangible fixed assets22/27 | €16,396 | €13,545 | €10,693 | €30,414 | €25,321 | ▼ 16.7% |
| Land and buildings22 | - | - | €2,225 | €1,483 | €742 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | €1,082 | €18,648 | €16,200 | ▼ 13.1% |
| Other tangible fixed assets26 | - | - | €7,386 | €10,283 | €8,379 | ▼ 18.5% |
| Financial fixed assets28 | €3,395 | €3,395 | €3,395 | €3,395 | €3,395 | = |
| Current assets29/58 | €578,557 | €466,997 | €475,672 | €449,256 | €359,982 | ▼ 19.9% |
| Stocks and contracts in progress3 | €402,672 | €313,628 | €316,569 | €277,931 | €250,205 | ▼ 10.0% |
| Stocks30/36 | - | - | €316,569 | €277,931 | €250,205 | ▼ 10.0% |
| Amounts receivable within one year40/41 | €169,631 | €124,039 | €145,786 | €163,529 | €93,046 | ▼ 43.1% |
| Trade receivables40 | - | - | €120,593 | €117,379 | €92,131 | ▼ 21.5% |
| Other amounts receivable41 | - | - | €25,193 | €46,150 | €915 | ▼ 98.0% |
| Current investments50/53 | €74 | €4 | €4 | €4 | - | - |
| Cash at bank and in hand54/58 | €3,649 | €26,796 | €13,313 | €7,792 | €16,731 | ▲ 115% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €598,348 | €483,937 | €489,760 | €483,065 | €388,698 | ▼ 19.5% |
| Equity10/15 | €140,318 | €87,754 | €105,567 | €106,572 | €94,499 | ▼ 11.3% |
| Contributions10/11 | €19,000 | - | €19,000 | €19,000 | €19,000 | = |
| Capital10 | - | - | - | €19,000 | - | - |
| Issued capital100 | - | - | - | €19,000 | - | - |
| Outside capital11 | - | - | - | - | €19,000 | - |
| Other1109/19 | - | - | - | - | €19,000 | - |
| Reserves13 | €50,650 | €50,650 | €50,650 | €50,650 | €50,650 | = |
| Non-distributable reserves130/1 | - | - | €1,900 | €1,900 | €1,900 | = |
| Legal reserve130 | - | - | - | €1,900 | - | - |
| Reserves not available under the articles1311 | - | - | €1,900 | - | €1,900 | - |
| Tax-exempt reserves132 | - | - | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | - | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €70,668 | €18,104 | €35,917 | €36,922 | €24,849 | ▼ 32.7% |
| Amounts payable17/49 | €458,030 | €396,183 | €384,193 | €376,493 | €294,199 | ▼ 21.9% |
| Amounts payable after more than one year17 | €178,495 | €154,275 | €133,245 | €156,461 | €17,464 | ▼ 88.8% |
| Financial debts170/4 | - | - | - | €23,216 | €17,464 | ▼ 24.8% |
| Other amounts payable178/9 | - | - | €133,245 | €133,245 | - | - |
| Amounts payable within one year42/48 | €278,539 | €240,398 | €250,126 | €219,347 | €276,671 | ▲ 26.1% |
| Current portion of amounts payable after more than one year42 | - | - | €23,090 | €5,465 | €5,753 | ▲ 5.3% |
| Financial debts43 | - | - | €155,000 | €125,000 | €125,000 | = |
| Credit institutions430/8 | - | - | €155,000 | €125,000 | €125,000 | = |
| Trade debts44 | €52,368 | €15,824 | €19,464 | €16,752 | €42,242 | ▲ 152% |
| Suppliers440/4 | - | - | €19,464 | €16,752 | €42,242 | ▲ 152% |
| Taxes, remuneration and social security45 | - | - | €13,562 | €16,535 | €4,391 | ▼ 73.4% |
| Taxes450/3 | - | - | €13,562 | €16,535 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €4,391 | - |
| Other amounts payable47/48 | - | - | €39,010 | €55,595 | €99,285 | ▲ 78.6% |
| Accrued charges and deferred income492/3 | - | - | €822 | €685 | €64 | ▼ 90.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,648 | -€52,564 | €17,813 | €1,005 | -€12,073 | ▼ 1,301% |
| + Depreciation and write-downs630 | €3,821 | €2,852 | €2,852 | €5,059 | €5,093 | ▲ 0.7% |
| Operating cash flow (approximation) | €47,469 | -€49,712 | €20,665 | €6,064 | -€6,980 | ▼ 215% |
| Investment in fixed assets (approximation) | - | -€1 | €0 | -€24,780 | €0 | ▲ 100% |
| Change in cash | - | €23,147 | -€13,483 | -€5,521 | €8,939 | ▲ 262% |
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
07-05
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Mons · event 27-04-2026
2024
07-10
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 30-09-2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €17,813
Net result €17,813 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €105,567 ▲20.3%
Equity rises from €87,754 to €105,567.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
31-12
Financial
Weakest financial yearnet -€52,564
Net result drops to -€52,564, the lowest in the series.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 105 days late
2019
31-12
Financial
Highest result since 2018net €43,648 ▲1,504%
Operating result €53,913, net result €43,648, both a record.
31-12
Financial
Equity above €100,000Eq €140,318 ▲45.2%
2 profitable years in a row build equity to €140,318.
Show earlier events
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
2015
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · full 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.
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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, Mons
Ground area
1,987 m²
Building footprint
275 m²
Volume, LiDAR
1,193 m³
Parcel 53019E0422/00L000, Wallonia · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53019E0422/00L000 | Wallonia | 1,987 m² | 1 · 275 m² | 5.2 m · 1 fl. |
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 | TONY BELLAVIA AVENUE DES EXPOSITIONS, 8A,
7000 MONS- .
Date provisoire de cessation de paiement : 30/09/2024 |
30-09-2024 → 27-04-2026 |
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Of 2,606 companies in sector 47551 we hold annual accounts for 1,718. 1,308 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)
Founded28-06-1972
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.