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Complete company report
Generated 29-08-2026
Active BE 0651.980.352Private limited company (pre-2019)Open bankruptcy

Julli

· 10 yrs active
Sector: Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment) (47716)
Conclusion Checked

A bankruptcy procedure is open for Julli according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (€-14k) and a net result of €3k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-14k
Net result €3k
Better than sector 16%
Active 10 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability13Solvency40Growth85Stability0
28 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 13
Solvency 40
Growth 85
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
53 / 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
· Open bankruptcy (+50)
· 1 administrative flag (+3)
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 Flags1 events
Address struck
Health barometer FY 2022 · 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 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 06-02-2024 with the NBB · fiscal year 2022 · micro
€-500k€0€500k€1.00MRevenue 2018: €156k€156kOperating result 2018: €3k€3kNet result 2018: €-27k€-27kRevenue 2019: €194k€194kOperating result 2019: €6k€6kNet result 2019: €-21k€-21kRevenue 2020: €223k€223kOperating result 2020: €-2k€-2kNet result 2020: €-24k€-24kRevenue 2021: €388k€388kOperating result 2021: €888€888Net result 2021: €741€741Revenue 2022: €1.01M€1.01MOperating result 2022: €3k€3kNet result 2022: €3k€3k20182019202020212022
RevenueOperating resultNet result
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -24.6% 19.8%
better than 16% of 4418 sector peers
Net result €3k €2k
better than 51% of 4402 sector peers
Equity €-14k €14k
better than 15% of 4427 sector peers
Gross operating margin €45k €19k
better than 67% of 4392 sector peers
Staff costs €41k €30k
higher than 61% of 1949 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€1.01M
+160.3% 18-22
Net profit
€3k
+251.8% 18-22
Total assets
€57k
+19.9% 18-22
Equity
€-14k
+15.7% 18-22
Working capital
€-14k
+15.7% 18-22
Staff costs
€41k
+179.6% 18-22
Debt
€71k
+10.7% 18-22
Debt ≤ 1y
€71k
+10.7% 18-22
Show 7 other metrics
Current ratio
0.80
+8.3% 18-22
Quick ratio
0.07
+4.5% 18-22
Solvency
-24.6%
+29.7% 18-22
Debt / equity
-5.07
-31.3% 18-22
ROE
-18.6%
-317.1% 18-22
ROA
4.6%
+193.4% 18-22
Net margin
0.3%
+35.2% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue€1.01M
EBITDA-
Net profit€3k
Cash flow-
Staff costs€41k
Income taxes-
Dividends-
Total assets€57k
Equity€-14k
Debt€71k
of which ≤ 1y€71k
of which > 1y-
Working capital€-14k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.80
Quick ratio0.07
Working capital ratio-24.6%
Solvency-24.6%
Debt / equity-5.07
Long-term debt ratio-
Interest coverage-
Gross margin3.4%
Net margin0.3%
ROA4.6%
ROE-18.6%
EBITDA margin-
Days sales outstanding0d
Days payable outstanding15d
Inventory turnover18.72
Days inventory (DSI)19d
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€57k
Current assets 29/58€57k
Stocks & contracts in progress 3€52k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€57k
Equity 10/15€-14k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€-20k
Amounts payable 17/49€71k
Amounts payable within one year 42/48€71k
Trade debts payable within one year 44€39k
Income statement
Turnover 70€1.01M
Gross operating margin 9900€45k
Operating result 9901€3k
Financial charges 65€542
Result before taxes 9903€3k
Net result for the period 9904€3k
Result to be appropriated 9905€3k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 6 directors
Current directors & mandates
  • REHMAN JAN Abid Hussain
    Managing director
    State Gazette act 24139982 (27-09-2024)
    Current
    01-08-2024 → present
Former directors (5)
  • MUGHAL Mateen
    Managing director
    State Gazette act 24139982 (27-09-2024)
    Former
    - → 01-08-2024
  • QAI AR E. Zaman
    Managing director
    State Gazette act 24139982 (27-09-2024)
    Former
    - → 01-08-2024
  • SULEMAN Muhammad
    Managing director
    State Gazette act 24139982 (27-09-2024)
    Former
    - → 01-08-2024
  • UMAR Farooq
    Managing director
    State Gazette act 24139982 (27-09-2024)
    Former
    - → 01-08-2024
  • USMAN Ali
    Managing director
    State Gazette act 24139982 (27-09-2024)
    Former
    - → 01-08-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates2 persons
Role Name Tenure Source
Curator NICOLAS BIESSAUX
RUE LOUVREX 55, 4000 LIEGE 1-
 04-07-2025 → present Belgian State Gazette
Curator FRANCOIS FREDERICK
BOULEVARD DE LA SAUVENIERE 117, 4000 LIEGE 1
 04-07-2025 → present Belgian State Gazette
Legal Structure
NACE primary Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)(47716)
Legal form Private limited company (pre-2019)(015)
Incorporation15-04-2016
StatusActive
Postal code-
First insolvency signal 17-07-2025
Latest insolvency signal 17-07-2025
Establishment units 1 location
Julli
Rue Albert 1,Roi des Belges(L.L) 60, 7100 La LouvièreDetailhandel in huishoudtextiel en beddengoed
since 20242.363.372.237
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.
55372D0045/00B005 Wallonia 451 m² 1 · 40 m² 7.3 m · 2 fl.
62802D0247/00K000 Wallonia 111 m² 1 · 61 m² 14.3 m · 4 fl.
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 11 events

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

2025
17-07-2025
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · JULLI SRL RUE SAINTE-MARGUE- RITE 284, 4000 LIEGE 1 · event 04-07-2025
12-05-2025
KBO administration Address struck
2024
27-09-2024
State Gazette act Capital & shares
06-02-2024
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
16-12-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
28-01-2022
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
09-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
26-11-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
25-03-2019
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2018
18-06-2018
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Lifecycle & Insolvency Signals2 events
17-07-2025
Bankruptcy Opening
Date: 04-07-2025 · Tribunal de l’entreprise de Liège, division Liège · JULLI SRL RUE SAINTE-MARGUE- RITE 284, 4000 LIEGE 1 · 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 12-05-2025 to 04-07-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-05-12 · KBO administration · Address struck2025-07-17 · 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 12 acts read

We know of 12 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
Capital history · 1
27-09-2024
Capital change
All acts · 1 updated 1 year ago
2024
27-09-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
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    {
      "kind": "share_transfer",
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        },
        {
          "kbo": null,
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          "name": "UMAR Faroog",
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        {
          "kbo": null,
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          "name": "MUGHAL Mateen",
          "share_class": null,
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        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "QAMAR E. Zaman",
          "share_class": null,
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        },
        {
          "kbo": null,
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          "name": "SULEMAN Muhammad",
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        },
        {
          "kbo": null,
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          "name": "USMAN Ali",
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        }
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      "statutory_unavailable_equity_op": null
    },
    {
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-09-27",
    "filing_date": "2024-09-19",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2024-08-01",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-08-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0651.980.352",
    "name_full": "JULLI",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 Responsabilit\u00E9 Limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
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    "org_kbo": null,
    "org_name": null,
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    "org_rep_person_name": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "REHMAN J. Abid Hussain",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "UMAR Faroog",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "MUGHAL Mateen",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "QAMAR E. Zaman",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "SULEMAN Muhammad",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "USMAN Ali",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
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
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716Detailhandel in huishoudtextiel en beddengoed47512Detailhandel in schoeisel47721
Primary activity highlighted.
Names & trade names
Legal nameFR Julli
Registration history
  1. 12-05-2025 Address struck
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