DEBU
Open bankruptcyA bankruptcy procedure is open for DEBU according to publications in the Belgian State Gazette.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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
68 d late
2022
49 d late
2021
61 d late
2020
30 d late
2019
132 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€83k▲ 536%
2022 · €13k
2018: €-44k
2019: €-3k
2020: €11k
2021: €-279k
2022: €13k
2018 → 2023
Working capital
€-44k▲ 48.1%
2022 · €-84k
2018: €-19k
2019: €-31k
2020: €-26k
2021: €-42k
2022: €-84k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€21k-€32k▲ 51.9%€-247k€-234k▲ 5.3%€-150k▲ 35.6%
Operating result€-789-€14k€-254k€15k€85k▲ 488%
Net result€-3k-€11k€-279k€13k€83k▲ 536%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 488% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7k
Fixed assets
€251▼ 92.4%
Current assets
€7k▼ 18.6%
Key figures and ratios
EBITDA
€85k▲
2022 · €16k
Cash flow
€83k▲
2022 · €14k
Current ratio
0.13▲
2022 · 0.09
Quick ratio
0.13▲
2022 · 0.09
Debt / equity
-1.05▲
2022 · -1.05
Interest coverage
39.58▲
2022 · 14.82
Debt
€157k▼
2022 · €245k
Debt ≤ 1 year
€51k▼
2022 · €93k
Debt > 1 year
€107k▼
2022 · €153k
Staff costs
€20k▼
2022 · €36k
A ratio outside any meaningful range has been withheld (balance sheet total €7k, equity €-150k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€12k€7k▼
Fixed assets21/28€3k€251▼
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Financial fixed assets28€858€251▼
Current assets29/58€8k€7k▼
Amounts receivable within one year40/41€6k€6k▲
Trade receivables40€6k€6k▲
Other amounts receivable41€99€114▲
Cash at bank and in hand54/58€2k€306▼
Equity and liabilities
Total equity and liabilities10/49€12k€7k▼
Equity10/15€-234k€-150k▲
Contributions10/11€231k€231k=
Reserves13€17k€17k=
Tax-exempt reserves132€17k€17k=
Profit (loss) carried forward14€-481k€-398k▲
Amounts payable17/49€245k€157k▼
Amounts payable after more than one year17€153k€107k▼
Financial debts170/4€153k€107k▼
Amounts payable within one year42/48€93k€51k▼
Current portion of amounts payable after more than one year42€9k€5k▼
Trade debts44€57k€26k▼
Suppliers440/4€57k€26k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€26k€14k▼
Taxes450/3€7k€2k▼
Remuneration and social security454/9€19k€12k▼
Income statement
Code20222023
Remuneration, social security and pensions62€36k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€117▼
Other operating charges640/8€8k€2k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€59k€110k▲
Operating profit (loss)9901€15k€85k▲
Financial income75/76B€92€75▼
Recurring financial income75€92€75▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€14k€83k▲
Income taxes67/77€455-
Profit (loss) for the period9904€13k€83k▲
Profit (loss) for the period to be appropriated9905€13k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-481k€-398k▲
Profit (loss) brought forward from the previous period14P€-494k€-481k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL DEBU RUE DE NAMUR 72, 1000 BRUXELLES · event 27-02-2025
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Highest result since 2018net €83k ▲536%
Operating result €85k, net result €83k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-279k ▼2622%
Net result drops to €-279k, the lowest in the series.
27-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · DEBU SRL RUE DE NAMUR 72, 1000 BRUXELLES 1 · event 20-09-2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
17-08
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · DEBU SPRL AVENUE DE LA BASILIQUE 117/2, 1082 BERCHEM-SAINTE-AGATHE. déclarée le 28 juin 2021 · event 09-08-2021
05-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · DEBU SPRL AVENUE DE LA BASI- LIQUE 117/2, 1082 BERCHEM-SAINTE-AGATHE · event 28-06-2021
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 132 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Cannot 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.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AENUE DU CENTENAIRE 120,
1400 NIVELLES |
27-02-2025 → present |
| Curator | GAUTIER PIRARD RUE DE STASSART 48C,
1050 BRUXELLES 5 |
20-09-2021 → present |
| Curator | FRANCOIS LE GENTIL DE ROSMORDUC AVENUE
LOUISE 349/17, 1050 BRUXELLES 5 |
28-06-2021 → present |