DRY STORE
InactiveDRY STORE was declared bankrupt on 22-12-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 10-12-2024, published in the Belgian State Gazette on 17-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three 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 31-12-2022, 4 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
31-12-2022 close31-07-2023 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-09-2022, 61 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
not filed
2022
not filed
2021
61 d late
2020
20 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 68 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,713
2020 · €2,139
Working capital
-€2,744
2020 · €1,964
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
Line2018201920202021
Operating result-€23,701--€3,986▲ 83.2%€2,227-€1,413
Net result-€24,357--€4,332▲ 82.2%€2,139-€1,713
Equity€319--€4,013-€1,874▲ 53.3%-€3,587▼ 91.4%
Total assets€21,779-€5,105▼ 76.6%€9,061▲ 77.5%€5,822▼ 35.7%
Debt€21,460-€9,118▼ 57.5%€10,935▲ 19.9%€9,409▼ 14.0%
Working capital€12,221--€175€1,964-€2,744
Staff (FTE)0.8-
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €1,413 after €2,227 in 2020.
Key figures and ratios
Solvency
-61.6%▼
2020 · -20.7%
Current ratio
0.68▼
2020 · 1.28
Debt to equity
-2.62▼
2020 · -2.05
ROA
-29.4%▼
2020 · 23.6%
Debt ≤ 1 year
€8,567▲
2020 · €7,098
Debt > 1 year
€843▼
2020 · €3,838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Gross operating margin9900 | €16,029 | -€2,332 | €2,227 | -€1,413 | ▼ 163% |
| Operating profit (loss)9901 | -€23,701 | -€3,986 | €2,227 | -€1,413 | ▼ 163% |
| Recurring financial income75 | €0 | - | €19 | - | - |
| Financial charges65/66B | - | - | - | €300 | - |
| Recurring financial charges65 | €656 | €346 | €107 | €300 | ▲ 180% |
| Profit (loss) for the period before taxes9903 | -€24,357 | -€4,332 | €2,139 | -€1,713 | ▼ 180% |
| Income taxes67/77 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€24,357 | -€4,332 | €2,139 | -€1,713 | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | -€24,357 | -€4,332 | €2,139 | -€1,713 | ▼ 180% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €21,779 | €5,105 | €9,061 | €5,822 | ▼ 35.7% |
| Current assets29/58 | €21,779 | €5,105 | €9,061 | €5,822 | ▼ 35.7% |
| Amounts receivable within one year40/41 | €21,573 | €4,907 | €5,211 | €4,909 | ▼ 5.8% |
| Other amounts receivable41 | - | - | - | €4,909 | - |
| Cash at bank and in hand54/58 | €122 | €198 | €3,850 | €913 | ▼ 76.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €21,779 | €5,105 | €9,061 | €5,822 | ▼ 35.7% |
| Equity10/15 | €319 | -€4,013 | -€1,874 | -€3,587 | ▼ 91.4% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - |
| Profit (loss) carried forward14 | -€20,132 | -€24,464 | -€22,325 | -€24,038 | ▼ 7.7% |
| Amounts payable17/49 | €21,460 | €9,118 | €10,935 | €9,409 | ▼ 14.0% |
| Amounts payable after more than one year17 | €3,150 | €3,838 | €3,838 | €843 | ▼ 78.0% |
| Other amounts payable178/9 | - | - | - | €843 | - |
| Amounts payable within one year42/48 | €9,558 | €5,280 | €7,098 | €8,567 | ▲ 20.7% |
| Trade debts44 | €3,891 | €5,279 | €7,098 | €8,567 | ▲ 20.7% |
| Suppliers440/4 | - | - | - | €8,567 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,357 | -€4,332 | €2,139 | -€1,713 | ▼ 180% |
| Operating cash flow (approximation) | -€24,357 | -€4,332 | €2,139 | -€1,713 | ▼ 180% |
| Change in cash | - | €76 | €3,652 | -€2,937 | ▼ 180% |
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
2024
17-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 10-12-2024
05-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 22-12-2023
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €2,139
Net result €2,139 after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
20-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
16-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
02-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 33 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ROMAIN OGER RUE DES DEPORTES 82,
4800 VERVIERS |
22-12-2023 → 10-12-2024 |