KALANE
Open bankruptcyA bankruptcy procedure is open for KALANE according to publications in the Belgian State Gazette; curator: PIERRE SCHMITS.
Summary
The 2023 annual accounts show negative equity (-€1,865) and a net result of €12,263.
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
- 22 December 2025
- Supervising judge
- Bruno Detienne
- Official Gazette
- 09-04-2026 (pdf) ↗search the document for 2026/115606
Deadlines
- File the claim in RegSol until
- passed on 21 January 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 5 February 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Appeal or third-party opposition until
- passed on 24 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- 22 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pierre SchmitsRue Laoureux 42, 4800 Verviersp.schmits@avocat.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 · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-08-2024, 27 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
27 d late
2022
61 d late
2021
151 d late
2020
121 d late
2019
49 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 82 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail sale of watches and jewellery sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€356,606▲ 5.1%
2022 · €339,204
EBIT margin
4.6%▲ 8.5pp
2022 · -3.9%
Net result
€12,263
2022 · -€13,275
Working capital
-€23,519▲ 5.2%
2022 · -€24,806
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
Line20192020202120222023
Turnover€362,173-€228,191▼ 37.0%€264,132▲ 15.8%€339,204▲ 28.4%€356,606▲ 5.1%
Operating result€464--€8,902€1,351-€13,312€16,316
Net result-€1,494--€10,855below the sector's middle half▼ 627%-€904within the sector's middle half▲ 91.7%-€13,275below the sector's middle half▼ 1,369%€12,263within the sector's middle half
EBIT margin0.1%--3.9%▼ 4.0pp0.5%▲ 4.4pp-3.9%▼ 4.4pp4.6%▲ 8.5pp
Equity€10,906-€51below the sector's middle half▼ 99.5%-€853below the sector's middle half-€14,128below the sector's middle half▼ 1,557%-€1,865below the sector's middle half▲ 86.8%
Total assets€93,403-€137,229within the sector's middle half▲ 46.9%€139,961within the sector's middle half▲ 2.0%€100,667within the sector's middle half▼ 28.1%€97,015within the sector's middle half▼ 3.6%
Debt€82,497-€137,178▲ 66.3%€140,813▲ 2.7%€114,794▼ 18.5%€98,880▼ 13.9%
Working capital-€2,120-€18,046€2,752▼ 84.7%-€24,806-€23,519▲ 5.2%
Solvency11.7%-0.0%below the sector's middle half▼ 11.6pp-0.6%below the sector's middle half▼ 0.6pp-14.0%below the sector's middle half▼ 13.4pp-1.9%below the sector's middle half▲ 12.1pp
Staff (FTE)0.3-1.6within the sector's middle half▲ 433%1.6=1.8▲ 12.5%1.8=
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
The operating result returns to profit in 2023: €16,316 after a loss of €13,312 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €97,015
Fixed assets
€21,655 ▼ 19.1%
Current assets
€75,361 ▲ 2.0%
Key figures and ratios
EBITDA
€19,630▲
2022 · -€2,445
Cash flow
€15,577▲
2022 · -€2,408
Current ratio
0.76▲
2022 · 0.75
Debt to equity
-53.03▼
2022 · -8.13
ROA
12.6%▲
2022 · -13.2%
Interest coverage
5.82▲
2022 · -1.13
Debt ≤ 1 year
€98,880▲
2022 · €98,696
Debt > 1 year
€0▼
2022 · €16,098
Income taxes
€639
Staff costs
€55,455▲
2022 · €54,689
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €362,173 | €228,191 | €264,132 | €339,204 | €356,606 | ▲ 5.1% |
| Non-recurring operating income76A | - | - | - | - | €12,482 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €233,050 | €301,324 | €309,953 | ▲ 2.9% |
| Remuneration, social security and pensions62 | - | - | €37,090 | €54,689 | €55,455 | ▲ 1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,030 | €8,685 | €10,375 | €10,867 | €3,314 | ▼ 69.5% |
| Other operating charges640/8 | - | - | €1,349 | €1,253 | €660 | ▼ 47.3% |
| Gross operating margin9900 | €21,045 | €37,416 | €50,164 | €53,497 | €75,746 | ▲ 41.6% |
| Operating profit (loss)9901 | €464 | -€8,902 | €1,351 | -€13,312 | €16,316 | ▲ 223% |
| Financial income75/76B | - | - | €115 | €2,203 | €400 | ▼ 81.8% |
| Recurring financial income75 | - | €1 | €109 | €305 | €400 | ▲ 30.9% |
| Non-recurring financial income76B | - | - | €5 | €1,897 | - | - |
| Financial charges65/66B | - | - | €1,995 | €2,165 | €3,814 | ▲ 76.2% |
| Recurring financial charges65 | €755 | €1,518 | €1,745 | €2,165 | €3,371 | ▲ 55.7% |
| Non-recurring financial charges66B | - | - | €250 | - | €443 | - |
| Profit (loss) for the period before taxes9903 | -€291 | -€10,542 | -€530 | -€13,275 | €12,902 | ▲ 197% |
| Income taxes67/77 | €1,203 | €313 | €374 | - | €639 | - |
| Profit (loss) for the period9904 | -€1,494 | -€10,855 | -€904 | -€13,275 | €12,263 | ▲ 192% |
| Profit (loss) for the period to be appropriated9905 | -€1,494 | -€10,855 | -€904 | -€13,275 | €12,263 | ▲ 192% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93,403 | €137,229 | €139,961 | €100,667 | €97,015 | ▼ 3.6% |
| Fixed assets21/28 | €25,282 | €44,927 | €35,677 | €26,777 | €21,655 | ▼ 19.1% |
| Tangible fixed assets22/27 | €12,662 | €32,307 | €23,057 | €14,157 | €9,035 | ▼ 36.2% |
| Plant, machinery and equipment23 | - | - | - | €1,183 | €912 | ▼ 22.9% |
| Furniture and vehicles24 | - | - | €23,057 | €12,973 | €8,122 | ▼ 37.4% |
| Financial fixed assets28 | €12,620 | €12,620 | €12,620 | €12,620 | €12,620 | = |
| Current assets29/58 | €68,122 | €92,302 | €104,284 | €73,890 | €75,361 | ▲ 2.0% |
| Amounts receivable within one year40/41 | €0 | €887 | €2,436 | €5,331 | €7,541 | ▲ 41.5% |
| Trade receivables40 | - | - | €0 | €0 | €0 | - |
| Other amounts receivable41 | - | - | €2,436 | €5,331 | €7,541 | ▲ 41.5% |
| Cash at bank and in hand54/58 | €64,642 | €90,609 | €100,949 | €67,403 | €67,032 | ▼ 0.6% |
| Deferred charges and accrued income490/1 | - | - | €899 | €1,156 | €788 | ▼ 31.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93,403 | €137,229 | €139,961 | €100,667 | €97,015 | ▼ 3.6% |
| Equity10/15 | €10,906 | €51 | -€853 | -€14,128 | -€1,865 | ▲ 86.8% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€1,494 | -€12,349 | -€13,253 | -€26,528 | -€14,265 | ▲ 46.2% |
| Amounts payable17/49 | €82,497 | €137,178 | €140,813 | €114,794 | €98,880 | ▼ 13.9% |
| Amounts payable after more than one year17 | €12,256 | €62,922 | €39,282 | €16,098 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €39,282 | €16,098 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €70,241 | €74,256 | €101,532 | €98,696 | €98,880 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | - | - | €24,473 | €24,017 | €2,421 | ▼ 89.9% |
| Trade debts44 | €44,138 | €38,779 | €54,872 | €44,759 | €54,729 | ▲ 22.3% |
| Suppliers440/4 | - | - | €54,872 | €44,759 | €54,729 | ▲ 22.3% |
| Taxes, remuneration and social security45 | - | - | €22,186 | €29,920 | €41,730 | ▲ 39.5% |
| Taxes450/3 | - | - | €13,977 | €19,251 | €36,026 | ▲ 87.1% |
| Remuneration and social security454/9 | - | - | €8,209 | €10,670 | €5,703 | ▼ 46.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,494 | -€10,855 | -€904 | -€13,275 | €12,263 | ▲ 192% |
| + Depreciation and write-downs630 | €10,030 | €8,685 | €10,375 | €10,867 | €3,314 | ▼ 69.5% |
| Operating cash flow (approximation) | €8,536 | -€2,169 | €9,471 | -€2,408 | €15,577 | ▲ 747% |
| Investment in fixed assets (approximation) | - | -€28,331 | -€1,125 | -€1,967 | €1,808 | ▲ 192% |
| Change in cash | - | €25,967 | €10,340 | -€33,546 | -€371 | ▲ 98.9% |
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
2026
09-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 22-12-2025
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €12,263
Net result €12,263 after 4 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet -€13,275
Net result drops to -€13,275, the lowest in the series.
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
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.
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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, Verviers · 2 establishment units since 2018
Ground area
3,735 m²
Building footprint
1,046 m²
Volume, LiDAR
16,785 m³
3 parcels, Wallonia · tallest building 17.7 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
TWICE AS NICE
since 20182.274.659.007
TWICE AS NICE
since 20192.293.339.920
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63022A0014/00X002 | Wallonia | 3,610 m² | 1 · 971 m² | 17.7 m · 6 fl. |
| 63079A0765/00A004 | Wallonia | 79 m² | 1 · 39 m² | 11.1 m · 3 fl. |
| 62063A0908/00A000 | Wallonia | 46 m² | 1 · 36 m² | 17.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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 | PIERRE SCHMITS RUE LAOUREUX 42, 4800 VERVIERS- |
22-12-2025 → present |
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Of 2,016 companies in sector 47770 we hold annual accounts for 897. 6 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
Founded05-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
47784Retail sale of souvenirs and religious articles
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.