Active BE 0508.899.612Private limited company (pre-2019)Open bankruptcy

DESIGN & IMMO

Rue du Chemin de Fer 5 ·1300 Wavre, Belgium· 13 yrs active

Sector: Detailhandel in sanitaire artikelen en sanitair installatiemateriaal (47527)

Conclusion Checked

A bankruptcy procedure is open for DESIGN & IMMO according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €50k and a net result of €-57k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€50k
Net result	€-57k
Staff (FTE)	1
Better than sector	43%

Snowflake analysis 5 of 5 axes measured · computed by Checked

11 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 23

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview9 NBB filings

Annual accounts filed on 30-08-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	17.1%	22.9%	better than 43% of 2542 sector peers
Net result	€-57k	€3k	better than 5% of 2535 sector peers
Equity	€50k	€17k	better than 73% of 2545 sector peers
Gross operating margin	€15k	€21k	better than 45% of 2522 sector peers
Staff costs	€33k	€27k	higher than 59% of 1030 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-27k

- 18-21

Net profit

€-57k

- 18-21

Cash flow

€-30k

- 18-21

Total assets

€295k

-8.5% 18-21

Equity

€50k

-53.2% 18-21

Working capital

€801

-97.9% 18-21

Employees (FTE)

1

+66.7% 18-21

Staff costs

€33k

- 18-21

Income taxes

€117

+27.7% 18-21

Dividends

€3k

- 18-21

Debt

€244k

+13.8% 18-21

Debt ≤ 1y

€244k

+13.8% 18-21

Current ratio

1.00

-14.8% 18-21

Quick ratio

1.00

-14.8% 18-21

Solvency

17.1%

-48.8% 18-21

Debt / equity

4.86

- 18-21

ROE

-113.6%

- 18-21

ROA

-19.4%

- 18-21

Interest coverage

-5.68

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€-27k
Net profit	€-57k
Cash flow	€-30k
Staff costs	€33k
Income taxes	€117
Dividends	-
Total assets	€295k
Equity	€50k
Debt	€244k
of which ≤ 1y	€244k
of which > 1y	-
Working capital	€801
Employees (FTE)	1.0

Ratios (computed)

	2021
Current ratio	1.00
Quick ratio	1.00
Working capital ratio	0.3%
Solvency	17.1%
Debt / equity	4.86
Long-term debt ratio	-
Interest coverage	-5.68
Gross margin	-
Net margin	-
ROA	-19.4%
ROE	-113.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €49k · 16.8% Current assets €245k · 83.2%

Equity & liabilities

Equity €50k · 17.1% Debt €244k · 82.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€295k
Fixed assets	21/28	€49k
Tangible fixed assets	22/27	€49k
Financial fixed assets	28	€77
Current assets	29/58	€245k
Amounts receivable within one year	40/41	€224k
Cash & bank	54/58	€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€295k
Equity	10/15	€50k
Contributions / capital	10/11	€19k
Reserves	13	€32k
Amounts payable	17/49	€244k
Amounts payable within one year	42/48	€244k
Trade debts payable within one year	44	€134k
Income statement
Gross operating margin	9900	€15k
Operating result	9901	€-54k
Financial income	75	€2k
Financial charges	65	€5k
Result before taxes	9903	€-57k
Income taxes	67/77	€117
Net result for the period	9904	€-57k
Result to be appropriated	9905	€-57k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ELEONORE WESTERLINCK RUE DE SAINT GHIS- LAIN 11, 1348 LOUVAIN-LA-NEUVE ↔ Also on 70 other cases	10-10-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Detailhandel in sanitaire artikelen en sanitair installatiemateriaal(47527)
Legal form	Private limited company (pre-2019)(015)
Incorporation	28-12-2012
Status	Active
Postal code	1300
First BS signal	18-10-2022
Latest BS signal	18-10-2022

Establishment units 1 location

Rue du Chemin de Fer 5, 1300 Wavre

Houwen, bewerken en afwerken van natuursteen

since 20122.216.121.782

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25112M0279/00H000	Wallonia	294 m²	1 · 95 m²	15.9 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

18-10-2022

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · DESIGN & IMMO SPRL RUE DU CHEMIN DE FER 5, 1300 WAVRE · event 10-10-2022

30-08-2022