Active BE 0770.408.939Private limited companyOpen bankruptcy

MA P'TITE EPICERIE

Rue des Prisonniers(VEZ) 1/A ·7538 Tournai, Belgium· 5 yrs active

Sector: Non-specialised retail sale with food, beverages or tobacco predominating (47110)

Conclusion Checked

A bankruptcy procedure is open for MA P'TITE EPICERIE according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-51k) and a net result of €-29k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-51k
Net result	€-29k
Staff (FTE)	0.9
Better than sector	9%

Financial profile 5 of 5 axes measured · computed by Checked

28 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 33

Solvency 33

Growth 72

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2022 · computed

0 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 28-08-2023 with the NBB · fiscal year 2022 · full schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-43.1%	20.4%	better than 9% of 752 sector peers
Net result	€-29k	€9k	better than 22% of 749 sector peers
Equity	€-51k	€82k	better than 10% of 753 sector peers
Gross operating margin	€12k	€150k	better than 19% of 667 sector peers
Staff costs	€24k	€176k	higher than 11% of 587 sector peers

Revenue

€412k

+23.9% 21-22

EBITDA

€-12k

+52.7% 21-22

Net profit

€-29k

+12.4% 21-22

Cash flow

€-17k

+42.1% 21-22

Total assets

€119k

-24.2% 21-22

Equity

€-51k

-126.5% 21-22

Working capital

€-31k

- 21-22

Employees (FTE)

1

- 21-22

Staff costs

€24k

+99.1% 21-22

Debt

€170k

-5.3% 21-22

Debt ≤ 1y

€61k

+5.5% 21-22

Debt > 1y

€109k

-10.4% 21-22

Current ratio

0.49

-62.9% 21-22

Quick ratio

0.09

-86.9% 21-22

Solvency

-43.1%

-198.9% 21-22

Debt / equity

-3.32

+58.2% 21-22

ROE

55.8%

-61.3% 21-22

ROA

-24.1%

-15.7% 21-22

Net margin

-6.9%

+29.2% 21-22

EBITDA margin

-3.0%

+61.8% 21-22

Interest coverage

-2.83

+71.9% 21-22

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	full schema
Revenue	€412k
EBITDA	€-12k
Net profit	€-29k
Cash flow	€-17k
Staff costs	€24k
Income taxes	-
Dividends	-
Total assets	€119k
Equity	€-51k
Debt	€170k
of which ≤ 1y	€61k
of which > 1y	€109k
Working capital	€-31k
Employees (FTE)	0.9

Ratios (computed)

	2022
Current ratio	0.49
Quick ratio	0.09
Working capital ratio	-26.4%
Solvency	-43.1%
Debt / equity	-3.32
Long-term debt ratio	-2.12
Interest coverage	-2.83
Gross margin	-0.3%
Net margin	-6.9%
ROA	-24.1%
ROE	55.8%
EBITDA margin	-3.0%
Days sales outstanding	1d
Days payable outstanding	29d
Inventory turnover	17.09
Days inventory (DSI)	21d

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2022

Assets

Fixed assets €89k · 74.8% Current assets €30k · 25.2%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€119k
Fixed assets	21/28	€89k
Tangible fixed assets	22/27	€89k
Current assets	29/58	€30k
Stocks & contracts in progress	3	€24k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€119k
Equity	10/15	€-51k
Contributions / capital	10/11	€10k
Accumulated profits (losses)	14	€-61k
Amounts payable	17/49	€170k
Amounts payable after one year	17	€109k
Amounts payable within one year	42/48	€61k
Trade debts payable within one year	44	€33k
Income statement
Turnover	70	€412k
Gross operating margin	9900	€12k
Operating result	9901	€-24k
Financial income	75	€113
Financial charges	65	€4k
Result before taxes	9903	€-29k
Net result for the period	9904	€-29k
Result to be appropriated	9905	€-29k

Directors & mandates1 person

Role	Name	Tenure
Curator	FABIEN ZIMMER RUE DE GRAMMONT 97 A, 7860 LESSINES- . Date provisoire de cessation de paiement : 27/06/2023	27-06-2023 → present

Legal Structure

NACE primary	Non-specialised retail sale with food, beverages or tobacco predominating(47110)
Legal form	Private limited company(610)
Incorporation	28-06-2021
Status	Active
Postal code	7538
First insolvency signal	04-07-2023
Latest insolvency signal	04-07-2023

Establishment units 1 location

MA P'TITE EPICERIE

Rue des Prisonniers(VEZ) 1/A, 7538 TournaiRetail trade

since 20212.318.738.478

Real-estate footprint Source: CBE × cadastre

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57084B0664/00C000	Wallonia	1,254 m²	1 · 708 m²	8.8 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 3 events

All 3Signals 1Filings 2

2023

28-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 28 days late

04-07

Bankruptcy Opening

Tribunal de l’entreprise du Hainaut, division Tournai · MA P’TITE EPICERIE SRL RUE DES PRISONNIERS 1/A, 7538 VEZON · event 27-06-2023

2022

22-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 22 days late

SignalNBB filing

Lifecycle & Insolvency Signals1 events

04-07-2023

Bankruptcy Opening

Date: 27-06-2023 · Tribunal de l’entreprise du Hainaut, division Tournai · MA P’TITE EPICERIE SRL RUE DES PRISONNIERS 1/A, 7538 VEZON · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

No credit: a bankruptcy procedure is open.

Company registry (CBE) Crossroads Bank

Activities

Non-specialised retail sale with food, beverages or tobacco predominating47110Retail trade47113

Names & trade names

Legal nameFR

MA P'TITE EPICERIE

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