DU9
Open bankruptcySummary
A bankruptcy procedure is open for DU9 according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €41k and a net result of €19k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€41k▲ 83.3%
2021 · €22k
2018: €21k
2019: €30k▲ +38.5% vs 2018
2020: €21k▼ -28.2% vs 2019lowest in 5 years
2021: €22k▲ +5.5% vs 2020
2022: €41k▲ +83.3% vs 2021highest in 5 years
2018 → 2022
Total assets
€724k▼ 8.7%
2021 · €793k
2018: €213klowest in 5 years
2019: €480k▲ +126% vs 2018
2020: €336k▼ -29.9% vs 2019
2021: €793k▲ +136% vs 2020highest in 5 years
2022: €724k▼ -8.7% vs 2021
2018 → 2022
Net result
€19k▼ 48.9%
2021 · €36k
2018: €13k
2019: €8k▼ -36.0% vs 2018lowest in 5 years
2020: €15k▲ +85.2% vs 2019
2021: €36k▲ +140% vs 2020highest in 5 years
2022: €19k▼ -48.9% vs 2021
2018 → 2022
Working capital
€-16k▲ 67.6%
2021 · €-49k
2018: €-47k
2019: €-44k▲ +6.8% vs 2018
2020: €-70k▼ -58.4% vs 2019lowest in 5 years
2021: €-49k▲ +30.0% vs 2020
2022: €-16k▲ +67.6% vs 2021highest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€21k-€30k▲ 38.5%€21k▼ 28.2%€22k▲ 5.5%€41k▲ 83.3%
2018: €21k
2019: €30k▲ +38.5% vs 2018
2020: €21k▼ -28.2% vs 2019lowest in 5 years
2021: €22k▲ +5.5% vs 2020
2022: €41k▲ +83.3% vs 2021highest in 5 years
Operating result€18k-€13k▼ 27.2%€22k▲ 69.4%€51k▲ 134%€20k▼ 61.2%
2018: €18k
2019: €13k▼ -27.2% vs 2018lowest in 5 years
2020: €22k▲ +69.4% vs 2019
2021: €51k▲ +134% vs 2020highest in 5 years
2022: €20k▼ -61.2% vs 2021
Net result€13k-€8k▼ 36.0%€15k▲ 85.2%€36k▲ 140%€19k▼ 48.9%
2018: €13k
2019: €8k▼ -36.0% vs 2018lowest in 5 years
2020: €15k▲ +85.2% vs 2019
2021: €36k▲ +140% vs 2020highest in 5 years
2022: €19k▼ -48.9% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 61% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €724k
Fixed assets
€57k ▼ 21.3%
Current assets
€667k ▼ 7.5%
Equity and liabilities €724k
Equity
€41k ▲ 83.3%
Debt
€683k ▼ 11.4%
Debt's share of the balance-sheet total falls from 97.2% to 94.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▼
2021 · €88k
Cash flow
€44k▼
2021 · €73k
Current ratio
0.98▲
2021 · 0.94
Quick ratio
0.97▲
2021 · 0.93
Debt to equity
16.65▼
2021 · 34.45
ROE
45.5%▼
2021 · 162.9%
ROA
2.6%▼
2021 · 4.6%
Interest coverage
62.47▲
2021 · 42.78
Debt ≤ 1 year
€683k▼
2021 · €770k
Income taxes
€15k▼
2021 · €18k
Staff costs
€234k▲
2021 · €127k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 48 lines
Balance sheet
Code20212022
Assets
Total assets20/58€793k€724k▼
Fixed assets21/28€72k€57k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€45k€28k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€35k€20k▼
Other tangible fixed assets26€995-
Financial fixed assets28€22k€26k▲
Current assets29/58€721k€667k▼
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€472k€498k▲
Trade receivables40€257k€137k▼
Other amounts receivable41€215k€360k▲
Cash at bank and in hand54/58€243k€164k▼
Deferred charges and accrued income490/1€48-
Equity and liabilities
Total equity and liabilities10/49€793k€724k▼
Equity10/15€22k€41k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€4k€22k▲
Amounts payable17/49€771k€683k▼
Amounts payable within one year42/48€770k€683k▼
Current portion of amounts payable after more than one year42€456k-
Trade debts44€209k€592k▲
Suppliers440/4€209k€592k▲
Taxes, remuneration and social security45€69k€91k▲
Taxes450/3€45k€44k▼
Remuneration and social security454/9€24k€47k▲
Other amounts payable47/48€35k-
Accrued charges and deferred income492/3€1k-
Income statement
Code20212022
Remuneration, social security and pensions62€127k€234k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€25k▼
Other operating charges640/8€4k€39k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€222k€318k▲
Operating profit (loss)9901€51k€20k▼
Financial income75/76B€5k€15k▲
Recurring financial income75€5k€15k▲
Financial charges65/66B€2k€724▼
Recurring financial charges65€2k€724▼
Profit (loss) for the period before taxes9903€54k€34k▼
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€36k€19k▼
Profit (loss) for the period to be appropriated9905€36k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€22k▼
Profit (loss) brought forward from the previous period14P€3k€4k▲
Profit to be distributed694/7€35k-
Return on contributions (dividend)694€35k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €127k | €234k | ▲ 83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €20k | €30k | €36k | €25k | ▼ 30.3% |
| Other operating charges640/8 | - | - | - | €4k | €39k | ▲ 778% |
| Non-recurring operating charges66A | - | - | - | €3k | - | - |
| Gross operating margin9900 | €69k | €100k | €136k | €222k | €318k | ▲ 43.4% |
| Operating profit (loss)9901 | €18k | €13k | €22k | €51k | €20k | ▼ 61.2% |
| Financial income75/76B | - | - | - | €5k | €15k | ▲ 178% |
| Recurring financial income75 | - | - | - | €5k | €15k | ▲ 178% |
| Financial charges65/66B | - | - | - | €2k | €724 | ▼ 64.6% |
| Recurring financial charges65 | €2k | €654 | €1k | €2k | €724 | ▼ 64.6% |
| Profit (loss) for the period before taxes9903 | €16k | €12k | €20k | €54k | €34k | ▼ 38.0% |
| Income taxes67/77 | €3k | €4k | €5k | €18k | €15k | ▼ 15.6% |
| Profit (loss) for the period9904 | €13k | €8k | €15k | €36k | €19k | ▼ 48.9% |
| Profit (loss) for the period to be appropriated9905 | €13k | €8k | €15k | €36k | €19k | ▼ 48.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213k | €480k | €336k | €793k | €724k | ▼ 8.7% |
| Formation expenses20 | €1k | €643 | - | - | - | - |
| Fixed assets21/28 | €67k | €89k | €91k | €72k | €57k | ▼ 21.3% |
| Intangible fixed assets21 | €6k | €9k | €6k | €5k | €3k | ▼ 46.3% |
| Tangible fixed assets22/27 | €54k | €72k | €72k | €45k | €28k | ▼ 38.8% |
| Plant, machinery and equipment23 | - | - | - | €9k | €7k | ▼ 19.8% |
| Furniture and vehicles24 | - | - | - | €35k | €20k | ▼ 42.1% |
| Other tangible fixed assets26 | - | - | - | €995 | - | - |
| Financial fixed assets28 | €6k | €9k | €12k | €22k | €26k | ▲ 20.6% |
| Current assets29/58 | €144k | €390k | €246k | €721k | €667k | ▼ 7.5% |
| Stocks and contracts in progress3 | - | - | €6k | €6k | €6k | = |
| Stocks30/36 | - | - | - | €6k | €6k | = |
| Amounts receivable within one year40/41 | €106k | €366k | €169k | €472k | €498k | ▲ 5.4% |
| Trade receivables40 | - | - | - | €257k | €137k | ▼ 46.5% |
| Other amounts receivable41 | - | - | - | €215k | €360k | ▲ 67.4% |
| Cash at bank and in hand54/58 | €37k | €23k | €38k | €243k | €164k | ▼ 32.7% |
| Deferred charges and accrued income490/1 | - | - | - | €48 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213k | €480k | €336k | €793k | €724k | ▼ 8.7% |
| Equity10/15 | €21k | €30k | €21k | €22k | €41k | ▲ 83.3% |
| Contributions10/11 | €19k | €19k | - | €19k | €19k | = |
| Profit (loss) carried forward14 | €3k | €11k | €3k | €4k | €22k | ▲ 493% |
| Amounts payable17/49 | €191k | €450k | €315k | €771k | €683k | ▼ 11.4% |
| Amounts payable within one year42/48 | €191k | €434k | €315k | €770k | €683k | ▼ 11.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €456k | - | - |
| Trade debts44 | €80k | €257k | €98k | €209k | €592k | ▲ 183% |
| Suppliers440/4 | - | - | - | €209k | €592k | ▲ 183% |
| Taxes, remuneration and social security45 | - | - | - | €69k | €91k | ▲ 32.3% |
| Taxes450/3 | - | - | - | €45k | €44k | ▼ 1.3% |
| Remuneration and social security454/9 | - | - | - | €24k | €47k | ▲ 94.5% |
| Other amounts payable47/48 | - | - | - | €35k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1k | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €8k | €15k | €36k | €19k | ▼ 48.9% |
| + Depreciation and write-downs630 | €10k | €20k | €30k | €36k | €25k | ▼ 30.3% |
| Operating cash flow (approximation) | €23k | €28k | €45k | €73k | €44k | ▼ 39.6% |
| Investment in fixed assets (approximation) | - | €-42k | €-31k | €-18k | €-10k | ▲ 44.2% |
| Change in cash | - | €-14k | €15k | €205k | €-79k | ▼ 139% |
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
11-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 02-12-2024
06-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 280 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
31-12
Financial
Highest result since 2018net €36k ▲140%
Operating result €51k, net result €36k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 174 days late
2019
31-12
Financial
Weakest financial yearnet €8k ▼36%
Net result drops to €8k, the lowest in the series.
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 120 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 178 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Liège · 1 establishment unit since 2015
Ground area
2,343 m²
Building footprint
452 m²
Volume, LiDAR
13,457 m³
2 parcels, Wallonia · tallest building 35.2 m, ±11 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
du9 sprl
since 20152.247.148.421
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0032/00M000 | Wallonia | 2,204 m² | 1 · 389 m² | 35.2 m · 11 fl. |
| 62814C0092/00V003 | Wallonia | 139 m² | 1 · 62 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JOELLE DECHARNEUX RUE LOUVREX 55-57,
4000 LIEGE 1 |
02-12-2024 → present |
| Curator | SANDRINE EVRARD RUE
MATTéOTTI 34, 4102 OUGREE |
02-12-2024 → present |
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,692 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
Founded22-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Contact
E-mail
info@waw.immoLiège
Scores and ratios are computed by Checked and are not a credit decision.