LA CASCADE
Open bankruptcyA bankruptcy procedure is open for LA CASCADE according to publications in the Belgian State Gazette; curator: PIERRE LEMAIRE.
Summary
The 2023 annual accounts show negative equity (-€256) and a net result of -€26,055.
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 Hainaut, Charleroi division
- Declared bankrupt
- 23 December 2024
- Supervising judge
- Anna Cecconello
- Official Gazette
- 31-12-2024 (pdf) ↗search the document for 2024/151698
Deadlines
- Provisional date payments stopped
- 23 December 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 15 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 22 January 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 19 February 2025Goods 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 23 December 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pierre LemaireRue Tumelaire 65, 6000 Char- Leroi- . Date provisoire de cessation de paiement : 23/12/2024p.lemaire3@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 06-09-2024, 37 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
not filed
2023
37 d late
2022
11 d early
2021
61 d late
2020
163 d late
2019
144 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 79 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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 Are there other customers at risk in your own list?List enrichment How is the Cafés and bars sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€256
2022 · €25,799
Total assets
€94,068▲ 0.7%
2022 · €93,379
Net result
-€26,055▲ 11.8%
2022 · -€29,541
Working capital
-€6,226
2022 · €18,515
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Operating result€9,727-€3,549€19,453-€24,637-€22,624▲ 8.2%
Net result€1,532-€5,825within the sector's middle half€10,905within the sector's middle half-€29,541below the sector's middle half-€26,055below the sector's middle half▲ 11.8%
Equity€50,260▲ 3.1%€44,435within the sector's middle half▼ 11.6%€55,340within the sector's middle half▲ 24.5%€25,799within the sector's middle half▼ 53.4%-€256within the sector's middle half
Total assets€107,296▼ 12.6%€95,233within the sector's middle half▼ 11.2%€107,368within the sector's middle half▲ 12.7%€93,379within the sector's middle half▼ 13.0%€94,068within the sector's middle half▲ 0.7%
Debt€57,036▼ 22.9%€50,798▼ 10.9%€52,028▲ 2.4%€67,580▲ 29.9%€94,325▲ 39.6%
Working capital€35,489▲ 32.9%€34,084above the sector's middle half▼ 4.0%€47,088above the sector's middle half▲ 38.2%€18,515within the sector's middle half▼ 60.7%-€6,226within the sector's middle half
Solvency46.8%▲ 7.1pp46.7%within the sector's middle half▼ 0.2pp51.5%within the sector's middle half▲ 4.9pp27.6%within the sector's middle half▼ 23.9pp-0.3%within the sector's middle half▼ 27.9pp
Current ratio1.62▲ 0.261.67within the sector's middle half▲ 0.051.91within the sector's middle half▲ 0.241.27within the sector's middle half▼ 0.630.93within the sector's middle half▼ 0.34
Return on assets (ROA)1.4%▲ 11.3pp-6.1%within the sector's middle half▼ 7.5pp10.2%within the sector's middle half▲ 16.3pp-31.6%below the sector's middle half▼ 41.8pp-27.7%below the sector's middle half▲ 3.9pp
Staff (FTE)2.2▲ 4.8%2.2within the sector's middle half=2.2=6.7▲ 205%3▼ 55.2%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 stays negative: a loss of €22,624 in 2023 against €24,637 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €94,068
Fixed assets
€5,970 ▼ 20.6%
Current assets
€88,099 ▲ 2.6%
Key figures and ratios
EBITDA
-€21,078▲
2022 · -€22,353
Cash flow
-€24,509▲
2022 · -€27,257
Quick ratio
0.79▼
2022 · 1.04
Interest coverage
-4.17▼
2022 · -4.00
Debt ≤ 1 year
€94,325▲
2022 · €67,348
Staff costs
€99,436▲
2022 · €77,970
Equity ratios withheld: equity of -€256 is too small for a meaningful ratio.
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €30,041 | €77,970 | €99,436 | ▲ 27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,258 | €4,862 | €2,489 | €2,284 | €1,546 | ▼ 32.3% |
| Other operating charges640/8 | - | - | €1,080 | €7,340 | €50 | ▼ 99.3% |
| Gross operating margin9900 | €83,694 | €41,142 | €53,063 | €62,957 | €78,408 | ▲ 24.5% |
| Operating profit (loss)9901 | €9,727 | -€3,549 | €19,453 | -€24,637 | -€22,624 | ▲ 8.2% |
| Financial income75/76B | - | - | €0 | €937 | €1,619 | ▲ 72.7% |
| Recurring financial income75 | - | €0 | €0 | €137 | €1,619 | ▲ 1,080% |
| Non-recurring financial income76B | - | - | - | €800 | - | - |
| Financial charges65/66B | - | - | €5,669 | €5,818 | €5,049 | ▼ 13.2% |
| Recurring financial charges65 | €6,685 | €2,209 | €5,669 | €5,585 | €5,049 | ▼ 9.6% |
| Non-recurring financial charges66B | - | - | - | €233 | - | - |
| Profit (loss) for the period before taxes9903 | €3,042 | -€5,758 | €13,784 | -€29,518 | -€26,055 | ▲ 11.7% |
| Income taxes67/77 | €1,510 | €67 | €2,880 | €23 | - | - |
| Profit (loss) for the period9904 | €1,532 | -€5,825 | €10,905 | -€29,541 | -€26,055 | ▲ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €1,532 | -€5,825 | €10,905 | -€29,541 | -€26,055 | ▲ 11.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107,296 | €95,233 | €107,368 | €93,379 | €94,068 | ▲ 0.7% |
| Fixed assets21/28 | €14,772 | €10,351 | €8,418 | €7,516 | €5,970 | ▼ 20.6% |
| Tangible fixed assets22/27 | €13,105 | €8,684 | €6,751 | €5,849 | €4,303 | ▼ 26.4% |
| Plant, machinery and equipment23 | - | - | €2,958 | €1,878 | €1,503 | ▼ 20.0% |
| Furniture and vehicles24 | - | - | €1,282 | €1,963 | €1,294 | ▼ 34.1% |
| Other tangible fixed assets26 | - | - | €2,511 | €2,008 | €1,506 | ▼ 25.0% |
| Financial fixed assets28 | €1,667 | €1,667 | €1,667 | €1,667 | €1,667 | = |
| Current assets29/58 | €92,524 | €84,882 | €98,950 | €85,863 | €88,099 | ▲ 2.6% |
| Amounts receivable after more than one year29 | - | - | €48,000 | €38,400 | €33,600 | ▼ 12.5% |
| Other amounts receivable291 | - | - | €48,000 | €38,400 | €33,600 | ▼ 12.5% |
| Stocks and contracts in progress3 | €24,910 | €12,223 | €13,020 | €15,815 | €13,840 | ▼ 12.5% |
| Stocks30/36 | - | - | €13,020 | €15,815 | €13,840 | ▼ 12.5% |
| Amounts receivable within one year40/41 | €9,245 | €4,010 | €22,860 | €23,816 | €40,659 | ▲ 70.7% |
| Trade receivables40 | - | - | €857 | €2,432 | €26,142 | ▲ 975% |
| Other amounts receivable41 | - | - | €22,003 | €21,384 | €14,517 | ▼ 32.1% |
| Cash at bank and in hand54/58 | €5,971 | €14,830 | €13,747 | €5,407 | - | - |
| Deferred charges and accrued income490/1 | - | - | €1,324 | €2,425 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107,296 | €95,233 | €107,368 | €93,379 | €94,068 | ▲ 0.7% |
| Equity10/15 | €50,260 | €44,435 | €55,340 | €25,799 | -€256 | ▼ 101% |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €20,451 | ▲ 10.0% |
| Outside capital11 | - | - | €18,592 | €18,592 | - | - |
| Other1109/19 | - | - | €18,592 | €18,592 | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | - | - |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | - | - |
| Profit (loss) carried forward14 | €29,809 | €23,984 | €34,889 | €5,348 | -€20,708 | ▼ 487% |
| Amounts payable17/49 | €57,036 | €50,798 | €52,028 | €67,580 | €94,325 | ▲ 39.6% |
| Amounts payable within one year42/48 | €57,036 | €50,798 | €51,862 | €67,348 | €94,325 | ▲ 40.1% |
| Financial debts43 | - | - | €2,611 | €4,821 | €422 | ▼ 91.2% |
| Credit institutions430/8 | - | - | €2,611 | €4,821 | €422 | ▼ 91.2% |
| Trade debts44 | €16,261 | €13,112 | €12,808 | €24,399 | €43,709 | ▲ 79.1% |
| Suppliers440/4 | - | - | €12,808 | €24,399 | €43,709 | ▲ 79.1% |
| Taxes, remuneration and social security45 | - | - | €36,443 | €38,128 | €50,194 | ▲ 31.6% |
| Taxes450/3 | - | - | €16,971 | €19,548 | €32,188 | ▲ 64.7% |
| Remuneration and social security454/9 | - | - | €19,472 | €18,581 | €18,006 | ▼ 3.1% |
| Accrued charges and deferred income492/3 | - | - | €166 | €232 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,532 | -€5,825 | €10,905 | -€29,541 | -€26,055 | ▲ 11.8% |
| + Depreciation and write-downs630 | €7,258 | €4,862 | €2,489 | €2,284 | €1,546 | ▼ 32.3% |
| Operating cash flow (approximation) | €8,791 | -€963 | €13,394 | -€27,257 | -€24,509 | ▲ 10.1% |
| Investment in fixed assets (approximation) | - | -€441 | -€556 | -€1,382 | €0 | ▲ 100% |
| Change in cash | - | €8,859 | -€1,083 | -€8,340 | - | - |
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
2024
31-12
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 23-12-2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€29,541
Net result drops to -€29,541, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 163 days late
2021
31-12
Financial
Back to profitnet €10,905
Net result €10,905 after one loss-making year.
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 144 days late
2019
31-12
Financial
Back to profitnet €1,532
Net result €1,532 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gerpinnes · 1 establishment unit since 1994
Ground area
5,018 m²
Parcel 52041A0170/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Allée Saint-Hubert(LOV) 16, 6280 Gerpinnes
since 19942.068.518.862
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52041A0170/00K000 | Wallonia | 5,018 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 | PIERRE LEMAIRE RUE TUMELAIRE 65, 6000 CHAR-
LEROI- .
Date provisoire de cessation de paiement : 23/12/2024 |
23-12-2024 → present |
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 4,060 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
Founded21-09-1994
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
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.