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GLOBAL SERVICES

Open bankruptcy
Private limited company (pre-2019)founded 2008KBO/BCE: BE 0896.222.887

A bankruptcy procedure is open for GLOBAL SERVICES according to publications in the Belgian State Gazette; curator: XAVIER CHARLES.

Summary

The 2021 annual accounts show equity of €58,125 and a net result of €2,251.

GLOBAL SERVICESOpen bankruptcy

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, Liège division
Declared bankrupt
27 November 2023
Supervising judge
Philippe Bohez
Official Gazette
04-12-2023 (pdf) ↗search the document for 2023/146333

Deadlines

Appeal or third-party opposition until
passed on 19 December 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 27 December 2023art. XX.104 and XX.155 CEL
First verification report
passed on 11 January 2024Goods 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 27 November 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 March 2008, GLOBAL SERVICES was incorporated.1 Total assets went from EUR 73,245 in 2018 to EUR 254,634 in 2021.2 The company was declared bankrupt on 27 November 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 04-12-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
€69,187
EBIT margin
13.9%
Net result
€2,251▼ 93.1%
2020 · €32,832
Working capital
€48,230▲ 122%
2020 · €21,764
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line201820202021
Turnover€69,187-
Operating result€9,583-€35,720-€4,725▼ 86.8%
Net result€6,973-€32,832above the sector's middle half-€2,251within the sector's middle half▼ 93.1%
EBIT margin13.9%-
Equity€36,025-€55,874within the sector's middle half-€58,125within the sector's middle half▲ 4.0%
Total assets€73,245-€132,075within the sector's middle half-€254,634within the sector's middle half▲ 92.8%
Debt€37,220-€76,201-€196,509▲ 158%
Working capital€35,858-€21,764-€48,230▲ 122%
Solvency49.2%-42.3%within the sector's middle half-22.8%within the sector's middle half▼ 19.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2018: €9,583€9,583Net result 2018: €6,973€6,973Operating result 2020: €35,720€35,720Net result 2020: €32,832€32,832Operating result 2021: €4,725€4,725Net result 2021: €2,251€2,251201820202021€0€10,000€20,000€30,000€40,000Operating result 2018: €9,583€9,580Net result 2018: €6,973€6,970Operating result 2020: €35,720€35,700Net result 2020: €32,832€32,800Operating result 2021: €4,725€4,730Net result 2021: €2,251€2,250201820202021
The operating result falls in 2021; 2021 is 87% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €254,634
Fixed assets €84,966 ▲ 24.1%
Current assets €169,668 ▲ 167%
Equity and liabilities €254,634
Equity €58,125 ▲ 4.0%
Debt €196,509 ▲ 158%
Debt's share of the balance-sheet total rises from 57.7% to 77.2%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€28,940▼
2020 · €52,237
Cash flow
€26,466▼
2020 · €49,350
Current ratio
1.40▼
2020 · 1.52
Quick ratio
0.81▲
2020 · 0.32
Debt to equity
3.38▲
2020 · 0.62
ROE
3.9%▼
2020 · 58.8%
ROA
0.9%▼
2020 · 24.9%
Interest coverage
11.69
Debt ≤ 1 year
€121,438▲
2020 · €41,820
Debt > 1 year
€75,071▲
2020 · €34,382
Income taxes
€0▼
2020 · €1,663
Staff costs
€6,476
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 47 lines
Balance sheet Code20202021
Assets
Total assets20/58€132,075€254,634▲
Fixed assets21/28€68,491€84,966▲
Tangible fixed assets22/27€68,316€84,791▲
Furniture and vehicles24-€11,439
Leasing and similar rights25-€73,352
Financial fixed assets28€175€175=
Current assets29/58€63,584€169,668▲
Stocks and contracts in progress3€50,077€71,173▲
Stocks30/36-€71,173
Amounts receivable within one year40/41€5,029€89,909▲
Trade receivables40-€54,374
Other amounts receivable41-€35,535
Cash at bank and in hand54/58€8,137€7,712▼
Deferred charges and accrued income490/1-€874
Equity and liabilities
Total equity and liabilities10/49€132,075€254,634▲
Equity10/15€55,874€58,125▲
Contributions10/11€17,453€17,453=
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€36,561€38,812▲
Amounts payable17/49€76,201€196,509▲
Amounts payable after more than one year17€34,382€75,071▲
Financial debts170/4-€75,071
Amounts payable within one year42/48€41,820€121,438▲
Trade debts44€9,187€41,223▲
Suppliers440/4-€41,223
Taxes, remuneration and social security45-€71,809
Taxes450/3-€61,037
Remuneration and social security454/9-€10,772
Other amounts payable47/48-€8,406
Income statement Code20202021
Goods, raw materials, services and sundry goods60/61-€226,998
Remuneration, social security and pensions62-€6,476
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,518€24,215▲
Other operating charges640/8-€2,101
Gross operating margin9900€56,700€37,517▼
Operating profit (loss)9901€35,720€4,725▼
Financial income75/76B-€1
Recurring financial income75€0€1▲
Financial charges65/66B-€2,475
Recurring financial charges65€1,225€2,475▲
Profit (loss) for the period before taxes9903€34,495€2,251▼
Income taxes67/77€1,663€0▼
Profit (loss) for the period9904€32,832€2,251▼
Profit (loss) for the period to be appropriated9905€32,832€2,251▼
Appropriation of the result
Profit (loss) to be appropriated9906-€38,812
Profit (loss) brought forward from the previous period14P-€36,561

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820202021Change
Turnover70€69,187---
Goods, raw materials, services and sundry goods60/61--€226,998-
Remuneration, social security and pensions62--€6,476-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,333€16,518€24,215▲ 46.6%
Other operating charges640/8--€2,101-
Gross operating margin9900€11,389€56,700€37,517▼ 33.8%
Operating profit (loss)9901€9,583€35,720€4,725▼ 86.8%
Financial income75/76B--€1-
Recurring financial income75-€0€1▲ 4,900%
Financial charges65/66B--€2,475-
Recurring financial charges65-€1,225€2,475▲ 102%
Profit (loss) for the period before taxes9903€9,583€34,495€2,251▼ 93.5%
Income taxes67/77€2,610€1,663€0▼ 100%
Profit (loss) for the period9904€6,973€32,832€2,251▼ 93.1%
Profit (loss) for the period to be appropriated9905€6,973€32,832€2,251▼ 93.1%
Line201820202021Change
Assets
Total assets20/58€73,245€132,075€254,634▲ 92.8%
Fixed assets21/28€167€68,491€84,966▲ 24.1%
Tangible fixed assets22/27€167€68,316€84,791▲ 24.1%
Furniture and vehicles24--€11,439-
Leasing and similar rights25--€73,352-
Financial fixed assets28-€175€175=
Current assets29/58€73,078€63,584€169,668▲ 167%
Stocks and contracts in progress3€1,143€50,077€71,173▲ 42.1%
Stocks30/36--€71,173-
Amounts receivable within one year40/41€71,155€5,029€89,909▲ 1,688%
Trade receivables40--€54,374-
Other amounts receivable41--€35,535-
Cash at bank and in hand54/58€721€8,137€7,712▼ 5.2%
Deferred charges and accrued income490/1--€874-
Equity and liabilities
Total equity and liabilities10/49€73,245€132,075€254,634▲ 92.8%
Equity10/15€36,025€55,874€58,125▲ 4.0%
Contributions10/11€17,453€17,453€17,453=
Reserves13€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860-
Reserves not available under the articles1311--€1,860-
Profit (loss) carried forward14€16,712€36,561€38,812▲ 6.2%
Amounts payable17/49€37,220€76,201€196,509▲ 158%
Amounts payable after more than one year17-€34,382€75,071▲ 118%
Financial debts170/4--€75,071-
Amounts payable within one year42/48€37,220€41,820€121,438▲ 190%
Trade debts44€26,150€9,187€41,223▲ 349%
Suppliers440/4--€41,223-
Taxes, remuneration and social security45--€71,809-
Taxes450/3--€61,037-
Remuneration and social security454/9--€10,772-
Other amounts payable47/48--€8,406-
Line201820202021Change
Profit (loss) for the period9904€6,973€32,832€2,251▼ 93.1%
+ Depreciation and write-downs630€1,333€16,518€24,215▲ 46.6%
Operating cash flow (approximation)€8,306€49,350€26,466▼ 46.4%
Investment in fixed assets (approximation)---€40,690-
Change in cash---€425-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
04-12
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 27-11-2023
03-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 156 days late
2021
31-12
Financial Weakest financial yearnet €2,251 ▼93.1%
Net result drops to €2,251, the lowest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Highest result since 2018net €32,832 ▲371%
Operating result €35,720, net result €32,832, both a record.
2019
21-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 113 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2013
28-03
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
18-12
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 140 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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 2008
seat establishment The establishment unit on the map
Ground area
6,004 m²
Parcel 62814C0006/00G002, Wallonia. Linked by address, not a title deed.
102 companies at this address See who is registered here
1 establishment unit
GLOBAL SERVICES
NACE 45111
since 20082.169.823.187
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62814C0006/00G002 Wallonia 6,004 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 XAVIER CHARLES
RUE COURTOIS 20, 4000 LIEGE 1-
27-11-2023 → present

Similar companies · same sector, comparable size

Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. 3,409 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 (pre-2019)
Founded05-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46499Wholesale of other household goods
47400Retail sale of information and communication equipment
47789Other retail sale of new goods
Contact
Phone 0493385512
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 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.