EBCF
Open bankruptcyA bankruptcy procedure is open for EBCF according to publications in the Belgian State Gazette; curator: LAURENT ADAM.
Summary
The 2021 annual accounts show equity of €100,450 and a net result of €9,144.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Namur division
- Declared bankrupt
- 8 June 2023
- Supervising judge
- Michel Antoine, Thierry Carlier
- Official Gazette
- 14-06-2023 (pdf) ↗search the document for 2023/123537
Deadlines
- Appeal or third-party opposition until
- passed on 29 June 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 July 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 18 July 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 8 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Laurent AdamRoute De Philippeville, 1, 5620 Florenneslaurent@avocat-adam.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-04-2022, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
114 d early
2020
26 d late
2019
262 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Warehousing and support activities for transportation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,144
2020 · -€129,337
Working capital
€155,953▼ 34.1%
2020 · €236,590
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€9,426--€87,046-€128,229▼ 47.3%€4,856
Net result€12,188--€84,834-€129,337below the sector's middle half▼ 52.5%€9,144within the sector's middle half
Equity€305,476-€220,643▼ 27.8%€91,306within the sector's middle half▼ 58.6%€100,450within the sector's middle half▲ 10.0%
Total assets€521,049-€807,998▲ 55.1%€325,754within the sector's middle half▼ 59.7%€354,602within the sector's middle half▲ 8.9%
Debt€215,572-€587,356▲ 172%€234,449▼ 60.1%€254,152▲ 8.4%
Working capital€263,973-€483,416▲ 83.1%€236,590above the sector's middle half▼ 51.1%€155,953above the sector's middle half▼ 34.1%
Solvency58.6%-27.3%▼ 31.3pp28.0%within the sector's middle half▲ 0.7pp28.3%within the sector's middle half▲ 0.3pp
Current ratio2.26-2.64▲ 0.384.34above the sector's middle half▲ 1.712.19within the sector's middle half▼ 2.16
Return on assets (ROA)2.3%--10.5%▼ 12.8pp-39.7%below the sector's middle half▼ 29.2pp2.6%within the sector's middle half▲ 42.3pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €4,856 after a loss of €128,229 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €354,602
Fixed assets
€67,226 ▲ 266%
Current assets
€287,376 ▼ 6.5%
Equity and liabilities €354,602
Equity
€100,450 ▲ 10.0%
Debt
€254,152 ▲ 8.4%
Debt's share of the balance-sheet total falls from 72.0% to 71.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,798▲
2020 · -€114,145
Cash flow
€19,086▲
2020 · -€115,254
Quick ratio
2.17▼
2020 · 4.23
Debt to equity
2.53▲
2020 · 1.60
ROE
9.1%▲
2020 · -141.7%
Interest coverage
6.51
Debt ≤ 1 year
€131,423▲
2020 · €70,785
Debt > 1 year
€122,207▼
2020 · €146,043
Income taxes
€315▲
2020 · €272
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 |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,887 | €18,486 | €14,084 | €9,942 | ▼ 29.4% |
| Other operating charges640/8 | - | - | - | €4,269 | - |
| Non-recurring operating charges66A | - | - | - | €0 | - |
| Gross operating margin9900 | €19,320 | -€62,388 | €44,617 | €19,066 | ▼ 57.3% |
| Operating profit (loss)9901 | €9,426 | -€87,046 | -€128,229 | €4,856 | ▲ 104% |
| Financial income75/76B | - | - | - | €6,878 | - |
| Recurring financial income75 | €3,297 | €4,635 | €6,076 | €6,878 | ▲ 13.2% |
| Financial charges65/66B | - | - | - | €2,274 | - |
| Recurring financial charges65 | €757 | €2,422 | €6,912 | €2,274 | ▼ 67.1% |
| Profit (loss) for the period before taxes9903 | €12,235 | -€84,833 | -€129,065 | €9,460 | ▲ 107% |
| Income taxes67/77 | €47 | €0 | €272 | €315 | ▲ 15.9% |
| Profit (loss) for the period9904 | €12,188 | -€84,834 | -€129,337 | €9,144 | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €12,188 | -€84,834 | -€129,337 | €9,144 | ▲ 107% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €521,049 | €807,998 | €325,754 | €354,602 | ▲ 8.9% |
| Fixed assets21/28 | €47,704 | €29,217 | €18,379 | €67,226 | ▲ 266% |
| Intangible fixed assets21 | €19,835 | €14,876 | €9,917 | €4,959 | ▼ 50.0% |
| Tangible fixed assets22/27 | €27,171 | €13,644 | €7,678 | €61,483 | ▲ 701% |
| Land and buildings22 | - | - | - | €1,704 | - |
| Plant, machinery and equipment23 | - | - | - | €991 | - |
| Assets under construction and advance payments27 | - | - | - | €58,788 | - |
| Financial fixed assets28 | €697 | €697 | €784 | €784 | = |
| Current assets29/58 | €473,345 | €778,781 | €307,375 | €287,376 | ▼ 6.5% |
| Stocks and contracts in progress3 | €5,855 | €4,184 | €8,216 | €1,584 | ▼ 80.7% |
| Stocks30/36 | - | - | - | €1,584 | - |
| Amounts receivable within one year40/41 | €401,743 | €771,742 | €276,566 | €265,114 | ▼ 4.1% |
| Trade receivables40 | - | - | - | €43,309 | - |
| Other amounts receivable41 | - | - | - | €221,805 | - |
| Current investments50/53 | €36 | - | - | - | - |
| Cash at bank and in hand54/58 | €5,525 | €2,855 | €18,429 | €13,852 | ▼ 24.8% |
| Deferred charges and accrued income490/1 | - | - | - | €6,826 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €521,049 | €807,998 | €325,754 | €354,602 | ▲ 8.9% |
| Equity10/15 | €305,476 | €220,643 | €91,306 | €100,450 | ▲ 10.0% |
| Contributions10/11 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Capital10 | - | - | - | €400,000 | - |
| Issued capital100 | - | - | - | €400,000 | - |
| Profit (loss) carried forward14 | -€94,524 | -€179,357 | -€308,695 | -€299,550 | ▲ 3.0% |
| Amounts payable17/49 | €215,572 | €587,356 | €234,449 | €254,152 | ▲ 8.4% |
| Amounts payable after more than one year17 | €6,200 | €44,056 | €146,043 | €122,207 | ▼ 16.3% |
| Financial debts170/4 | - | - | - | €22,137 | - |
| Other amounts payable178/9 | - | - | - | €100,070 | - |
| Amounts payable within one year42/48 | €209,372 | €295,365 | €70,785 | €131,423 | ▲ 85.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €33,972 | - |
| Trade debts44 | €201,258 | €250,530 | €38,367 | €67,897 | ▲ 77.0% |
| Suppliers440/4 | - | - | - | €67,897 | - |
| Taxes, remuneration and social security45 | - | - | - | €18,787 | - |
| Taxes450/3 | - | - | - | €18,787 | - |
| Other amounts payable47/48 | - | - | - | €10,767 | - |
| Accrued charges and deferred income492/3 | - | - | - | €522 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,188 | -€84,834 | -€129,337 | €9,144 | ▲ 107% |
| + Depreciation and write-downs630 | €6,887 | €18,486 | €14,084 | €9,942 | ▼ 29.4% |
| Operating cash flow (approximation) | €19,075 | -€66,347 | -€115,254 | €19,086 | ▲ 117% |
| Investment in fixed assets (approximation) | - | €0 | -€3,246 | -€58,788 | ▼ 1,711% |
| Change in cash | - | -€2,670 | €15,574 | -€4,577 | ▼ 129% |
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
16-12
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise de Liège, division Namur · event 28-11-2024
2023
14-06
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 08-06-2023
2022
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €9,144
Net result €9,144 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €100,450 ▲10%
Equity rises from €91,306 to €100,450.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
19-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 262 days late
2020
31-12
Financial
Weakest financial yearnet -€129,337
Net result drops to -€129,337, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 274 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 55 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Show earlier events
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
12-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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
Registered office, Cerfontaine · 1 establishment unit since 2007
Ground area
5,769 m²
Building footprint
715 m²
Parcel 93010C0049/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Aérodrome de Cerfontaine
since 20072.162.881.749
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93010C0049/00L000 | Wallonia | 5,769 m² | 1 · 715 m² | - |
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 | LAURENT ADAM ROUTE DE PHILIPPEVILLE, 1,
5620 FLORENNES |
08-06-2023 → present |
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Of 527 companies in sector 52230 we hold annual accounts for 278. 211 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
52230Warehousing and support activities for transportation
Contact
Website
www.cerfontaine-aerodrome.comCerfontaine
E-mail
administration@cerfontaine-aerodrome.comCerfontaine
Phone
071/200.412Cerfontaine
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.