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LOCALPHARMA

Open bankruptcy
Public limited companyfounded 2020Rue d'Houdeng(R) 224, 7070 Le Roeulx, BelgiumKBO/BCE: BE 0760.686.074

A bankruptcy procedure is open for LOCALPHARMA according to publications in the Belgian State Gazette; curator: STEPHANE BRUX.

Summary

The 2021 annual accounts show equity of €38,894 and a net result of -€23,606.

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, Mons division
Declared bankrupt
18 July 2023
Supervising judge
Pierre Gobin
Official Gazette
26-07-2023 (pdf) ↗search the document for 2023/130202

Curator

  • Stephane BruxRue Omer Lefevre 36, 7100 La Louviere- . Date provisoire de cessation de paiement : 18/07/2023s.brux@avocat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-10-2022, 74 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 · 1 filing
Deviation from the deadline
2021
74 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2021 accounts 74 days after the deadline; the sector median for financial year 2021 is 3 days before the deadline, and 43% of the sector filed late.

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 30 December 2020, LOCALPHARMA was incorporated as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2021.2 The company was declared bankrupt on 18 July 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 26-07-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€38,894
Total assets
€738,923
Net result
-€23,606
Working capital
€52,002

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €738,923
Fixed assets €111,892
Current assets €627,030
Equity and liabilities €738,923
Equity €38,894
Debt €700,028
Debt finances 94.7% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
-€23,110
Cash flow
-€23,350
Current ratio
1.09
Quick ratio
0.97
Debt to equity
18.00
ROE
-60.7%
ROA
-3.2%
Interest coverage
-53.07
Debt ≤ 1 year
€575,028
Debt > 1 year
€125,000
Staff costs
€97,059
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 44 lines
Balance sheet Code2021
Assets
Total assets20/58€738,923
Fixed assets21/28€111,892
Intangible fixed assets21€107,857
Tangible fixed assets22/27€2,584
Furniture and vehicles24€1,819
Other tangible fixed assets26€766
Financial fixed assets28€1,451
Current assets29/58€627,030
Stocks and contracts in progress3€71,900
Stocks30/36€71,900
Amounts receivable within one year40/41€539,519
Trade receivables40€533,420
Other amounts receivable41€6,099
Cash at bank and in hand54/58€11,445
Deferred charges and accrued income490/1€4,166
Equity and liabilities
Total equity and liabilities10/49€738,923
Equity10/15€38,894
Contributions10/11€62,500
Capital10€62,500
Issued capital100€62,500
Profit (loss) carried forward14-€23,606
Amounts payable17/49€700,028
Amounts payable after more than one year17€125,000
Financial debts170/4€125,000
Amounts payable within one year42/48€575,028
Trade debts44€221,469
Suppliers440/4€221,469
Taxes, remuneration and social security45€77,487
Taxes450/3€64,691
Remuneration and social security454/9€12,795
Other amounts payable47/48€276,073
Income statement Code2021
Remuneration, social security and pensions62€97,059
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€255
Other operating charges640/8€6,356
Gross operating margin9900€80,306
Operating profit (loss)9901-€23,365
Financial income75/76B€195
Recurring financial income75€195
Financial charges65/66B€435
Recurring financial charges65€435
Profit (loss) for the period before taxes9903-€23,606
Profit (loss) for the period9904-€23,606
Profit (loss) for the period to be appropriated9905-€23,606
Appropriation of the result
Profit (loss) to be appropriated9906-€23,606

The notes to these accounts (46 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€97,059
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€255
Other operating charges640/8€6,356
Gross operating margin9900€80,306
Operating profit (loss)9901-€23,365
Financial income75/76B€195
Recurring financial income75€195
Financial charges65/66B€435
Recurring financial charges65€435
Profit (loss) for the period before taxes9903-€23,606
Profit (loss) for the period9904-€23,606
Profit (loss) for the period to be appropriated9905-€23,606
Line2021
Assets
Total assets20/58€738,923
Fixed assets21/28€111,892
Intangible fixed assets21€107,857
Tangible fixed assets22/27€2,584
Furniture and vehicles24€1,819
Other tangible fixed assets26€766
Financial fixed assets28€1,451
Current assets29/58€627,030
Stocks and contracts in progress3€71,900
Stocks30/36€71,900
Amounts receivable within one year40/41€539,519
Trade receivables40€533,420
Other amounts receivable41€6,099
Cash at bank and in hand54/58€11,445
Deferred charges and accrued income490/1€4,166
Equity and liabilities
Total equity and liabilities10/49€738,923
Equity10/15€38,894
Contributions10/11€62,500
Capital10€62,500
Issued capital100€62,500
Profit (loss) carried forward14-€23,606
Amounts payable17/49€700,028
Amounts payable after more than one year17€125,000
Financial debts170/4€125,000
Amounts payable within one year42/48€575,028
Trade debts44€221,469
Suppliers440/4€221,469
Taxes, remuneration and social security45€77,487
Taxes450/3€64,691
Remuneration and social security454/9€12,795
Other amounts payable47/48€276,073
Line2021
Profit (loss) for the period9904-€23,606
+ Depreciation and write-downs630€255
Operating cash flow (approximation)-€23,350

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
26-07
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 18-07-2023
2022
13-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
SignalNBB filing
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Le Roeulx · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
4,928 m²
Volume, LiDAR
31,012 m³
Parcel 55035D0596/00K000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOCALPHARMA
Rue d'Houdeng(R) 224, 7070 Le RoeulxWholesale trade
since 20202.312.140.696
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55035D0596/00K000 Wallonia 1.3 ha 1 · 4,928 m² 7.9 m · 2 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

1 mandate
Role Name Tenure
Curator STEPHANE BRUX
RUE OMER LEFEVRE 36, 7100 LA LOUVIERE- . Date provisoire de cessation de paiement : 18/07/2023
18-07-2023 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Le Roeulx2.312.140.696
1 permission
Groothandelaar LM>3 maand · since 30-12-2021

Similar companies · same sector, comparable size

Of 1,903 companies in sector 46460 we hold annual accounts for 1,117. 436 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
46150Agents in the wholesale of furniture, household goods and hardware
47120Other non-specialised retail sale
47730Retail sale of pharmaceutical products
Contact
E-mail olt@localpharma.be
Phone +32475757682
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 26 September 2026 · Peppol Directory

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