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LE POSTILLON

Bankruptcy closed
Public limited companyfounded 1990Chaussée de Tongres 532, 4000 Liège, BelgiumKBO/BCE: BE 0439.817.893

Inactive since 25-06-2026; last annual accounts for fiscal year 2024.

Summary

LE POSTILLON was declared bankrupt on 30-06-2025 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 23-06-2026, published in the Belgian State Gazette on 26-06-2026.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 26-06-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 09-12-2024, 39 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 filings
Deviation from the deadline
2025
not filed
2024
39 d late
2023
13 d late
2022
15 d late
2021
220 d late
2020
489 d late
2019
886 d late
← before the deadline after the deadline →
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 22 February 1990, LE POSTILLON was incorporated.1 Total assets went from EUR 39,216 in 2019 to EUR 128,139 in 2024.2 The company was declared bankrupt on 30 June 2025; the bankruptcy was closed on 23 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024
  3. 3Belgian State Gazette, 08-08-2025
  4. 4Belgian State Gazette, 26-06-2026

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▼ 68.6%
2023 · €29k
Working capital
€65k▲ 11.8%
2023 · €58k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€33k▲ 6.3%€-25k€110€29k▲ 26,197%€15k▼ 49.1%
Net result€15k▼ 47.9%€892▼ 94.1%€-941€29k€9k▼ 68.6%
Equity€15k€1k▼ 91.8%€326▼ 74.3%€29k▲ 8,826%€38k▲ 31.1%
Total assets€86k▲ 120%€121k▲ 39.6%€112k▼ 7.6%€153k▲ 37.5%€128k▼ 16.5%
Debt€71k▲ 31.7%€119k▲ 68.1%€111k▼ 6.9%€124k▲ 11.8%€90k▼ 27.6%
Working capital€45k▲ 78.2%€29k▼ 35.7%€23k▼ 20.7%€58k▲ 152%€65k▲ 11.8%
Staff (FTE)1
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €33k€33kNet result 2020: €15k€15kOperating result 2021: €-25k€-25kNet result 2021: €892€892Operating result 2022: €110€110Net result 2022: €-941€-941Operating result 2023: €29k€29kNet result 2023: €29k€29kOperating result 2024: €15k€15kNet result 2024: €9k€9k20202021202220232024€-10k€0€10k€20k€30kOperating result 2022: €110€110Net result 2022: €-941€-941Operating result 2023: €29k€29kNet result 2023: €29k€29kOperating result 2024: €15k€15kNet result 2024: €9k€9k202220232024
The operating result falls in 2024; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128k
Fixed assets €720 ▼ 12.4%
Current assets €127k ▼ 16.5%
Equity and liabilities €128k
Equity €38k ▲ 31.1%
Debt €90k ▼ 27.6%
Debt's share of the balance-sheet total falls from 81.0% to 70.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30k
Cash flow
€25k
Current ratio
2.04▲
2023 · 1.61
Quick ratio
1.35▲
2023 · 1.19
Debt to equity
2.36▼
2023 · 4.27
ROE
23.7%▼
2023 · 98.9%
ROA
7.1%▼
2023 · 18.8%
Interest coverage
163.50
Debt ≤ 1 year
€63k▼
2023 · €95k
Debt > 1 year
€16k▼
2023 · €21k
Staff costs
€341
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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€153k€128k▼
Fixed assets21/28€822€720▼
Financial fixed assets28€822€720▼
Current assets29/58€153k€127k▼
Stocks and contracts in progress3€40k€43k▲
Stocks30/36€40k€43k▲
Amounts receivable within one year40/41€19k€9k▼
Trade receivables40€19k€9k▼
Cash at bank and in hand54/58€75k€74k▼
Deferred charges and accrued income490/1€18k€1k▼
Equity and liabilities
Total equity and liabilities10/49€153k€128k▼
Equity10/15€29k€38k▲
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Profit (loss) carried forward14€-120k€-111k▲
Amounts payable17/49€124k€90k▼
Amounts payable after more than one year17€21k€16k▼
Financial debts170/4€21k€16k▼
Amounts payable within one year42/48€95k€63k▼
Financial debts43€237€237=
Credit institutions430/8€237€237=
Trade debts44€75k€60k▼
Suppliers440/4€75k€60k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€17k€2k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€15k-
Accrued charges and deferred income492/3€9k€11k▲
Income statement Code20232024
Remuneration, social security and pensions62-€341
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€16k
Other operating charges640/8€583€937▲
Gross operating margin9900€30k€32k▲
Operating profit (loss)9901€29k€15k▼
Financial income75/76B€46€2k▲
Recurring financial income75€46€1k▲
Non-recurring financial income76B-€309
Financial charges65/66B€266€7k▲
Recurring financial charges65€266€185▼
Non-recurring financial charges66B-€7k
Profit (loss) for the period before taxes9903€29k€9k▼
Profit (loss) for the period9904€29k€9k▼
Profit (loss) for the period to be appropriated9905€29k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-120k€-111k▲
Profit (loss) brought forward from the previous period14P€-148k€-120k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€6k€12k-€341-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€683€765€111-€16k-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€16k----
Other operating charges640/8--€5€583€937▲ 60.8%
Gross operating margin9900€50k€-3k€13k€30k€32k▲ 6.7%
Operating profit (loss)9901€33k€-25k€110€29k€15k▼ 49.1%
Financial income75/76B-€12k€531€46€2k▲ 3,570%
Recurring financial income75€79€12k€334€46€1k▲ 2,897%
Non-recurring financial income76B-€12k€196-€309-
Financial charges65/66B-€668€2k€266€7k▲ 2,679%
Recurring financial charges65€3k€668€2k€266€185▼ 30.5%
Non-recurring financial charges66B----€7k-
Profit (loss) for the period before taxes9903€30k€-14k€-941€29k€9k▼ 68.6%
Transfer from deferred taxes780-€15k----
Profit (loss) for the period9904€15k€892€-941€29k€9k▼ 68.6%
Profit (loss) for the period to be appropriated9905€15k€892€-941€29k€9k▼ 68.6%
Line20202021202220232024Change
Assets
Total assets20/58€86k€121k€112k€153k€128k▼ 16.5%
Fixed assets21/28€2k€933€822€822€720▼ 12.4%
Tangible fixed assets22/27€683€111----
Furniture and vehicles24-€111----
Financial fixed assets28€822€822€822€822€720▼ 12.4%
Current assets29/58€85k€120k€111k€153k€127k▼ 16.5%
Stocks and contracts in progress3€42k€43k€49k€40k€43k▲ 7.3%
Stocks30/36-€43k€49k€40k€43k▲ 7.3%
Amounts receivable within one year40/41€17k€22k€30k€19k€9k▼ 53.4%
Trade receivables40-€18k€29k€19k€9k▼ 53.4%
Other amounts receivable41-€4k€482---
Cash at bank and in hand54/58€15k€18k€21k€75k€74k▼ 1.1%
Deferred charges and accrued income490/1-€37k€12k€18k€1k▼ 93.2%
Equity and liabilities
Total equity and liabilities10/49€86k€121k€112k€153k€128k▼ 16.5%
Equity10/15€15k€1k€326€29k€38k▲ 31.1%
Contributions10/11€149k€149k€149k€149k€149k=
Capital10-€149k€149k€149k€149k=
Issued capital100-€149k€149k€149k€149k=
Reserves13€15k-----
Profit (loss) carried forward14€-148k€-147k€-148k€-120k€-111k▲ 7.6%
Amounts payable17/49€71k€119k€111k€124k€90k▼ 27.6%
Amounts payable after more than one year17€31k€29k€24k€21k€16k▼ 22.8%
Financial debts170/4-€29k€24k€21k€16k▼ 22.8%
Amounts payable within one year42/48€40k€91k€88k€95k€63k▼ 33.8%
Financial debts43-€237€237€237€237=
Credit institutions430/8-€237€237€237€237=
Trade debts44€25k€56k€64k€75k€60k▼ 19.3%
Suppliers440/4-€56k€64k€75k€60k▼ 19.3%
Advances received on contracts in progress46-€19k€2k€2k--
Taxes, remuneration and social security45-€15k€21k€17k€2k▼ 89.2%
Taxes450/3---€2k€2k▼ 20.1%
Remuneration and social security454/9-€15k€21k€15k--
Accrued charges and deferred income492/3---€9k€11k▲ 28.8%
Line20202021202220232024Change
Profit (loss) for the period9904€15k€892€-941€29k€9k▼ 68.6%
+ Depreciation and write-downs630€683€765€111-€16k-
Operating cash flow (approximation)€16k€2k€-829€29k€25k▼ 14.7%
Investment in fixed assets (approximation)-€-193€0€0€-15k-
Change in cash-€3k€3k€54k€-860▼ 102%

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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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2026
26-06
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 23-06-2026
2025
08-08
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 30-06-2025
2024
09-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2023
13-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
31-03
Financial Back to profitnet €29k
Net result €29k after one loss-making year.
2022
15-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
08-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 220 days late
04-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 886 days late
04-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 1251 days late
31-03
Financial Weakest financial yearnet €-941
Net result drops to €-941, the lowest in the series.
04-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 489 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
28-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema
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
exact location from the address register On OpenStreetMap
Ground area
603 m²
Building footprint
63 m²
Volume, LiDAR
688 m³
Parcel 62087B0088/00C003, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62087B0088/00C003 Wallonia 603 m² 1 · 63 m² 12.2 m · 4 fl.
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

2 mandates
Role Name Tenure
Curator LAURENT STAS DE RICHELLE
RUE CONSTANTIN DE GERLACHE 41, 4000 LIEGE 1
30-06-2025 → 23-06-2026
Curator CATHERINE DELBOUILLE
AVENUE CONSTANTIN DE GERLACHE 41, 4000 LIEGE 1
30-06-2025 → 23-06-2026

Identification & contact

Identification
Legal formPublic limited company
Founded22-02-1990
Fiscal year end31-03

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