LWs
Open bankruptcyA bankruptcy procedure is open for LWs according to publications in the Belgian State Gazette; curator: Me Léon-Pierre Proumen.
Summary
The 2025 annual accounts show negative equity (-€26,095) and a net result of €705.
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
- Commercial Court of Liège
- Declared bankrupt
- 12 March 2012
- Official Gazette
- 21-03-2012 (pdf) ↗search the document for 2012/010002
Deadlines
- Appeal or third-party opposition until
- passed on 5 April 2012Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- First verification report
- passed on 26 April 2012Goods 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 12 March 2013Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Me Léon-Pierre Proumenavocat, à 4000 Liège, place du Haut Pré 10
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.
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.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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 162 sector peers (2025).
NBB · sector comparisonPosition among 162 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
31 d late
2023
132 d late
2022
25 d late
2021
78 d late
2020
24 d late
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 News agency activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€26,095▲ 2.6%
2024 · -€26,800
Total assets
€41,896▲ 8.6%
2024 · €38,587
Net result
€705
2024 · -€10,964
Working capital
-€29,196▲ 23.6%
2024 · -€38,239
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 60, Programming, broadcasting, news agency and other content distribution 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
Line20212022202320242025
Operating result€7,106▼ 63.7%€11,721▲ 64.9%€11,133▼ 5.0%-€10,575€1,270
Net result-€1,159within the sector's middle half€6,769within the sector's middle half€9,222within the sector's middle half▲ 36.3%-€10,964below the sector's middle half€705within the sector's middle half
Equity-€31,843below the sector's middle half▼ 3.8%-€25,059below the sector's middle half▲ 21.3%-€15,837below the sector's middle half▲ 36.8%-€26,800below the sector's middle half▼ 69.2%-€26,095below the sector's middle half▲ 2.6%
Total assets€19,891below the sector's middle half▼ 37.7%€16,838below the sector's middle half▼ 15.3%€53,967within the sector's middle half▲ 221%€38,587within the sector's middle half▼ 28.5%€41,896within the sector's middle half▲ 8.6%
Debt€51,734▼ 17.4%€41,897▼ 19.0%€69,804▲ 66.6%€65,387▼ 6.3%€67,991▲ 4.0%
Working capital-€42,360below the sector's middle half▲ 0.1%-€32,688below the sector's middle half▲ 22.8%-€30,995below the sector's middle half▲ 5.2%-€38,239below the sector's middle half▼ 23.4%-€29,196below the sector's middle half▲ 23.6%
Solvency-160.1%below the sector's middle half▼ 64.0pp-148.8%below the sector's middle half▲ 11.3pp-29.3%below the sector's middle half▲ 119.5pp-69.5%below the sector's middle half▼ 40.1pp-62.3%below the sector's middle half▲ 7.2pp
Current ratio0.06below the sector's middle half▼ 0.100.20below the sector's middle half▲ 0.140.56below the sector's middle half▲ 0.350.42below the sector's middle half▼ 0.140.54below the sector's middle half▲ 0.12
Return on assets (ROA)-5.8%below the sector's middle half▼ 38.5pp40.2%above the sector's middle half▲ 46.0pp17.1%above the sector's middle half▼ 23.1pp-28.4%below the sector's middle half▼ 45.5pp1.7%within the sector's middle half▲ 30.1pp
above
within
below
the middle half (P25 to P75) of NACE 60, Programming, broadcasting, news agency and other content distribution 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 returns to profit in 2025: €1,270 after a loss of €10,575 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41,896
Fixed assets
€7,786 ▼ 31.9%
Current assets
€34,110 ▲ 25.6%
Key figures and ratios
EBITDA
€4,923▲
2024 · -€6,856
Cash flow
€4,358▲
2024 · -€7,244
Debt to equity
-2.61▼
2024 · -2.44
Interest coverage
15.18▲
2024 · -30.73
Debt ≤ 1 year
€63,306▼
2024 · €65,387
Income taxes
€241▲
2024 · €166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,575 | €8,641 | €3,751 | €3,719 | €3,653 | ▼ 1.8% |
| Other operating charges640/8 | €893 | €704 | €1,161 | €1,086 | €204 | ▼ 81.2% |
| Gross operating margin9900 | €16,573 | €21,066 | €16,045 | -€5,769 | €5,127 | ▲ 189% |
| Operating profit (loss)9901 | €7,106 | €11,721 | €11,133 | -€10,575 | €1,270 | ▲ 112% |
| Financial income75/76B | €6 | €0 | €808 | - | €0 | - |
| Recurring financial income75 | €6 | €0 | €808 | - | €0 | - |
| Financial charges65/66B | €4,940 | €208 | €216 | €223 | €324 | ▲ 45.4% |
| Recurring financial charges65 | €4,940 | €208 | €216 | €223 | €324 | ▲ 45.4% |
| Profit (loss) for the period before taxes9903 | €2,172 | €11,513 | €11,725 | -€10,798 | €946 | ▲ 109% |
| Income taxes67/77 | €3,330 | €4,744 | €2,503 | €166 | €241 | ▲ 45.3% |
| Profit (loss) for the period9904 | -€1,159 | €6,769 | €9,222 | -€10,964 | €705 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | -€1,159 | €6,769 | €9,222 | -€10,964 | €705 | ▲ 106% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,891 | €16,838 | €53,967 | €38,587 | €41,896 | ▲ 8.6% |
| Fixed assets21/28 | €17,176 | €8,535 | €15,158 | €11,438 | €7,786 | ▼ 31.9% |
| Tangible fixed assets22/27 | €17,176 | €8,535 | €15,158 | €11,438 | €7,786 | ▼ 31.9% |
| Plant, machinery and equipment23 | €1,396 | €645 | €67 | - | - | - |
| Furniture and vehicles24 | €15,780 | €7,890 | €15,091 | €11,438 | €7,786 | ▼ 31.9% |
| Current assets29/58 | €2,714 | €8,303 | €38,809 | €27,148 | €34,110 | ▲ 25.6% |
| Amounts receivable within one year40/41 | €1,994 | €7,173 | €37,631 | €26,139 | €22,281 | ▼ 14.8% |
| Trade receivables40 | €632 | €7,173 | €6,812 | - | - | - |
| Other amounts receivable41 | €1,362 | - | €30,819 | €26,139 | €22,281 | ▼ 14.8% |
| Cash at bank and in hand54/58 | - | €259 | - | €709 | €10,221 | ▲ 1,342% |
| Deferred charges and accrued income490/1 | €721 | €871 | €1,178 | €300 | €1,608 | ▲ 436% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,891 | €16,838 | €53,967 | €38,587 | €41,896 | ▲ 8.6% |
| Equity10/15 | -€31,843 | -€25,059 | -€15,837 | -€26,800 | -€26,095 | ▲ 2.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€50,435 | -€43,651 | -€34,429 | -€45,392 | -€44,687 | ▲ 1.6% |
| Amounts payable17/49 | €51,734 | €41,897 | €69,804 | €65,387 | €67,991 | ▲ 4.0% |
| Amounts payable after more than one year17 | €6,660 | €906 | - | - | - | - |
| Financial debts170/4 | €6,660 | €906 | - | - | - | - |
| Amounts payable within one year42/48 | €45,074 | €40,991 | €69,804 | €65,387 | €63,306 | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | €5,632 | €5,754 | - | - | - | - |
| Financial debts43 | €332 | €332 | €2,560 | - | - | - |
| Credit institutions430/8 | €332 | €332 | €2,560 | - | - | - |
| Trade debts44 | €7,628 | €1,600 | €3,451 | €1,950 | €4,590 | ▲ 135% |
| Suppliers440/4 | €7,628 | €1,600 | €3,451 | €1,950 | €4,590 | ▲ 135% |
| Taxes, remuneration and social security45 | €10,382 | €13,771 | €8,692 | €6,395 | €3,615 | ▼ 43.5% |
| Taxes450/3 | €10,382 | €13,771 | €8,692 | €6,395 | €3,615 | ▼ 43.5% |
| Other amounts payable47/48 | €21,100 | €19,534 | €55,100 | €57,042 | €55,100 | ▼ 3.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,685 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,159 | €6,769 | €9,222 | -€10,964 | €705 | ▲ 106% |
| + Depreciation and write-downs630 | €8,575 | €8,641 | €3,751 | €3,719 | €3,653 | ▼ 1.8% |
| Operating cash flow (approximation) | €7,416 | €15,410 | €12,973 | -€7,244 | €4,358 | ▲ 160% |
| Investment in fixed assets (approximation) | - | €0 | -€10,374 | €0 | €0 | - |
| Change in cash | - | - | - | - | €9,512 | - |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €705
Net result €705 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€10,964
Net result drops to -€10,964, the lowest in the series.
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €6,769
Net result €6,769 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 434 days late
2019
31-12
Financial
Back to profitnet €18,399
Net result €18,399 after one loss-making year.
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2012
21-03
Bankruptcy
Opening
Tribunal de commerce de Liège · event 12-03-2012
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.
Have them read with priority
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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, Seraing · 1 establishment unit since 1981
Ground area
3,010 m²
Building footprint
370 m²
Volume, LiDAR
1,827 m³
2 parcels, Wallonia · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SCORPIO
since 19812.018.368.080
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62358H0110/00D107 | Wallonia | 2,076 m² | 1 · 274 m² | 14.7 m · 1 fl. |
| 62355B0600/00X010 | Wallonia | 934 m² | 1 · 95 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 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 | Me Léon-Pierre Proumen avocat, à 4000 Liège, place du Haut Pré 10 |
12-03-2012 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 719 companies in sector 60310 we hold annual accounts for 157. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1981
Fiscal year end31-12
Activities, NACEBEL 2025
60310News agency activities
90111Literary creation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421239326
Also
9925:BE0421239326
Registered
25-02-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.