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Generated 22-08-2026
Active BE 0635.932.889Private limited company (pre-2019)Open bankruptcy

ESPLANADE DE LA PAIX TWO

Avenue Pasteur 2 ·1300 Wavre, Belgium· 10 yrs active
Sector: Ontwikkeling van residentiële bouwprojecten (68121)
Conclusion Checked

A bankruptcy procedure is open for ESPLANADE DE LA PAIX TWO according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2021 annual accounts show negative equity (€-28k) and a net result of €-9k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-28k
Net result €-9k
Better than sector 8%
Active 10 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency40Growth58Stability0
40 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 40
Growth 58
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
60 / 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
· 1 judicial reorganisation (+10)
· 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 Flags0 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 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 14-09-2022 with the NBB · fiscal year 2021 · micro
€-40k€-30k€-20k€-10k€0Operating result 2018: €-13k€-13kNet result 2018: €-22k€-22kOperating result 2019: €-3k€-3kNet result 2019: €-26k€-26kOperating result 2020: €-11k€-11kNet result 2020: €-37k€-37kOperating result 2021: €-9k€-9kNet result 2021: €-9k€-9k2018201920202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -24.0% 24.9%
better than 8% of 1793 sector peers
Net result €-9k €1k
better than 28% of 1795 sector peers
Equity €-28k €29k
better than 11% of 1795 sector peers
Gross operating margin €-3k €22k
better than 19% of 1784 sector peers
Total assets €117k €267k
better than 34% of 1794 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-9k
+74.9% 18-21
Total assets
€117k
+85.6% 18-21
Equity
€-28k
-50.2% 18-21
Working capital
€-28k
-50.2% 18-21
Debt
€144k
+77.5% 18-21
Debt ≤ 1y
€144k
+77.5% 18-21
Current ratio
0.81
+4.6% 18-21
Quick ratio
0.74
+13.3% 18-21
Show 4 other metrics
Solvency
-24.0%
+19.1% 18-21
Debt / equity
-5.17
- 18-21
ROE
33.4%
-83.3% 18-21
ROA
-8.0%
+86.5% 18-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA-
Net profit€-9k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€117k
Equity€-28k
Debt€144k
of which ≤ 1y€144k
of which > 1y-
Working capital€-28k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.81
Quick ratio0.74
Working capital ratio-24.0%
Solvency-24.0%
Debt / equity-5.17
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-8.0%
ROE33.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€117k
Current assets 29/58€117k
Stocks & contracts in progress 3€10k
Amounts receivable within one year 40/41€107k
Cash & bank 54/58€284
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€117k
Equity 10/15€-28k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-47k
Amounts payable 17/49€144k
Amounts payable within one year 42/48€144k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€-3k
Operating result 9901€-9k
Financial charges 65€440
Result before taxes 9903€-9k
Net result for the period 9904€-9k
Result to be appropriated 9905€-9k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to 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
 05-06-2023 → present Belgian State Gazette
Legal Structure
NACE primary Ontwikkeling van residentiële bouwprojecten(68121)
Legal form Private limited company (pre-2019)(015)
Incorporation01-09-2015
StatusActive
Postal code1300
First BS signal 07-02-2023
Latest BS signal 12-06-2023
Establishment units 1 location
Rue d'Abhooz 31, 4040 Herstal
Ontwikkeling van residentiële bouwprojecten
since 20152.260.722.976
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 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112N0017/00A002 Wallonia 1.7 ha 1 · 915 m² 14.7 m · 4 fl.
62312A0453/00W002 Wallonia 7,839 m² 1 · 828 m² -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 9 events

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

2023
12-06-2023
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · ESPLANADE DE LA PAIX TWO SPRL AVENUE PASTEUR 2 J, 1300 WAVRE · event 05-06-2023
07-02-2023
Judicial reorganisation Opening
Tribunal de l’entreprise du Brabant wallon · collectif · event 30-01-2023
2022
14-09-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
03-05-2022
State Gazette act Registered-office change
2021
27-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
24-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
15-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
05-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
25-04-2018
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Lifecycle & Insolvency Signals2 events
12-06-2023
Bankruptcy Opening
Date: 05-06-2023 · Tribunal de l’entreprise du Brabant wallon · ESPLANADE DE LA PAIX TWO SPRL AVENUE PASTEUR 2 J, 1300 WAVRE · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 30-01-2023 to 05-06-2023.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-02-07 · Judicial reorganisation · Opening2023-06-12 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Address history · 1
03-05-2022
Registered-office move
All acts · 1 updated 4 years ago
2022
03-05-2022 Registered office moved from Herstal to Wavre Registered-office change
  • Rue d'Abhooz 31, 4040 Herstal → 1300 Wavre, Avenue Pasteur 2 J
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "combined",
      "new_address": {
        "raw": "1300 Wavre, Avenue Pasteur 2 J",
        "city": "Wavre",
        "region": "waals_gewest",
        "street": "Avenue Pasteur",
        "country": "BE",
        "postcode": "1300",
        "box_number": "J",
        "street_number": "2",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Rue d\u0027Abhooz 31, 4040 Herstal",
        "city": "Herstal",
        "region": "waals_gewest",
        "street": "Rue d\u0027Abhooz",
        "country": "BE",
        "postcode": "4040",
        "box_number": null,
        "street_number": "31",
        "locality_suffix": null
      },
      "effective_date": "2022-04-14",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    },
    {
      "kind": "zetel_clause_amendment_no_move",
      "seat_type": "siege_social",
      "new_address": null,
      "old_address": {
        "raw": "4000 Li\u00E8ge, rue Agimont 22",
        "city": "Li\u00E8ge",
        "region": "waals_gewest",
        "street": "rue Agimont",
        "country": "BE",
        "postcode": "4000",
        "box_number": null,
        "street_number": "22",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2022-05-03",
    "filing_date": "2022-04-14",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "date": "2022-04-14",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0635.932.889",
    "name_full": "RIGURAL DE L\u0027ENTREPRISE DE LIEC",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten68121Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68322
Primary activity highlighted.
Names & trade names
Legal nameFR ESPLANADE DE LA PAIX TWO
Registered office
Avenue Pasteur 2 bus J
1300 Wavre, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative