IULY STRUCTURE
Open bankruptcyA bankruptcy procedure is open for IULY STRUCTURE according to publications in the Belgian State Gazette; curator: CLAIRE VAN DE VELDE.
Summary
The 2024 annual accounts show equity of €95k and a net result of €-36k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 686 sector peers (2024).
NBB · sector comparisonPosition among 686 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 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
64 d late
2023
68 d late
2022
67 d late
2021
78 d late
2020
128 d late
2019
72 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€1.10M▲ 18.9%
2023 · €924k
2018: €1.02M
2019: €1.22M
2020: €643k
2021: €939k
2022: €1.07M
2023: €924k
2018 → 2024
EBIT margin
1.2%▼ 10.6pp
2023 · 11.7%
2018: 1.6%
2019: 9.9%
2020: -5.4%
2021: 13.4%
2022: 3.2%
2023: 11.7%
2018 → 2024
Net result
€-36k
2023 · €50k
2018: €-15k
2019: €49k
2020: €-48k
2021: €73k
2022: €7k
2023: €50k
2018 → 2024
Working capital
€87k▼ 8.2%
2023 · €95k
2018: €-31k
2019: €17k
2020: €-44k
2021: €22k
2022: €50k
2023: €95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€643k-€939k▲ 45.9%€1.07M▲ 14.2%€924k▼ 13.8%€1.10M▲ 18.9%
Equity€-87-€73k€81k▲ 10.2%€131k▲ 61.9%€95k▼ 27.2%
Operating result€-35k-€126k€34k▼ 73.0%€108k▲ 220%€13k▼ 88.1%
Net result€-48k-€73k€7k▼ 89.8%€50k▲ 570%€-36k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €961k
Fixed assets
€8k ▼ 77.7%
Current assets
€953k ▲ 145%
Equity and liabilities €961k
Equity
€95k ▼ 27.2%
Debt
€866k ▲ 194%
Debt's share of the balance-sheet total rises from 69.2% to 90.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▼
2023 · €122k
Cash flow
€-34k▼
2023 · €63k
Current ratio
1.10▼
2023 · 1.32
Debt to equity
9.09▲
2023 · 2.25
ROE
-37.4%▼
2023 · 38.2%
ROA
-3.7%▼
2023 · 11.8%
Interest coverage
0.28▼
2023 · 3.21
Debt ≤ 1 year
€866k▲
2023 · €294k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€425k€961k▲
Fixed assets21/28€36k€8k▼
Tangible fixed assets22/27€33k€5k▼
Furniture and vehicles24€6k€5k▼
Leasing and similar rights25€26k-
Financial fixed assets28€3k€3k=
Current assets29/58€389k€953k▲
Amounts receivable within one year40/41€384k€905k▲
Trade receivables40€310k€786k▲
Other amounts receivable41€73k€119k▲
Cash at bank and in hand54/58€4k€47k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€425k€961k▲
Equity10/15€131k€95k▼
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€116k€81k▼
Amounts payable17/49€294k€866k▲
Amounts payable within one year42/48€294k€866k▲
Current portion of amounts payable after more than one year42€15k€1k▼
Trade debts44€192k€813k▲
Suppliers440/4€192k€813k▲
Taxes, remuneration and social security45€84k€52k▼
Taxes450/3€66k€37k▼
Remuneration and social security454/9€18k€14k▼
Other amounts payable47/48€3k-
Income statement
Code20232024
Turnover70€924k€1.10M▲
Goods, raw materials, services and sundry goods60/61€795k€1.08M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€1k▼
Other operating charges640/8€8k€4k▼
Gross operating margin9900€130k€18k▼
Operating profit (loss)9901€108k€13k▼
Financial income75/76B€91€3k▲
Recurring financial income75€91€3k▲
Financial charges65/66B€38k€52k▲
Recurring financial charges65€38k€52k▲
Profit (loss) for the period before taxes9903€71k€-36k▼
Income taxes67/77€21k-
Profit (loss) for the period9904€50k€-36k▼
Profit (loss) for the period to be appropriated9905€50k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€81k▼
Profit (loss) brought forward from the previous period14P€66k€116k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL IULY STRUCTURE CHAUSSEE DE GAND 772, 1080 MOLENBEEK-SAINT-JEAN · event 03-11-2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 64 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
31-12
Financial
Equity above €100kEq €131k ▲61.9%
3 profitable years in a row build equity to €131k.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 128 days late
2020
31-12
Financial
Weakest financial yearnet €-48k ▼199%
Net result drops to €-48k, the lowest in the series.
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 72 days late
2019
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
Show earlier events
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Jans-Molenbeek · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentsesteenweg 7721080 Sint-Jans-MolenbeekGround area
239 m²
Building footprint
144 m²
Volume, LiDAR
1,041 m³
Parcel 21342B0059/00M002, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IULY STRUCTURE
since 20122.207.314.479
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0059/00M002 | Brussels | 239 m² | 1 · 144 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
03-11-2025 → present |
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Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,164 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
25110Manufacture of metal structures and parts of structures
41001General construction of residential buildings
43110Demolition
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.