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maisonS

Open bankruptcy
Private limited company (pre-2019)founded 2019Cathemlindeweg 18, 1770 Liedekerke, BelgiumKBO/BCE: BE 0721.526.283

A bankruptcy procedure is open for maisonS according to publications in the Belgian State Gazette; curator: Jan DE RIECK.

Summary

The 2021 annual accounts show negative equity (-€70,871) and a net result of -€24,932.

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 Brussels
Declared bankrupt
6 September 2022
Supervising judge
Rene Blockx
Official Gazette
13-09-2022 (pdf) ↗search the document for 2022/131626

Curator

  • Jan De RieckPegasuslaan 5, 1831 Diegemfalingen@advocaten-leuven.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

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 12-08-2022, 12 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
377 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 170 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 25 February 2019, maisonS was incorporated.1 Total assets went from EUR 86,552 in 2019 to EUR 118,636 in 2021.2 The company was declared bankrupt on 6 September 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 13-09-2022

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
-€70,871▼ 54.3%
2020 · -€45,939
Total assets
€118,636▲ 124%
2020 · €52,997
Net result
-€24,932▲ 4.5%
2020 · -€26,094
Working capital
-€72,142▼ 48.2%
2020 · -€48,691
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
Line201920202021
Operating result-€25,723--€24,551▲ 4.6%-€23,175▲ 5.6%
Net result-€26,345--€26,094▲ 1.0%-€24,932▲ 4.5%
Equity-€19,845--€45,939▼ 131%-€70,871▼ 54.3%
Total assets€86,552-€52,997▼ 38.8%€118,636▲ 124%
Debt€106,397-€98,936▼ 7.0%€189,507▲ 91.5%
Working capital-€24,275--€48,691▼ 101%-€72,142▼ 48.2%
Staff (FTE)11=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2019: -€25,723-€25,723Net result 2019: -€26,345-€26,345Operating result 2020: -€24,551-€24,551Net result 2020: -€26,094-€26,094Operating result 2021: -€23,175-€23,175Net result 2021: -€24,932-€24,932201920202021-€30,000-€20,000-€10,000€0Operating result 2019: -€25,723-€25,700Net result 2019: -€26,345-€26,300Operating result 2020: -€24,551-€24,600Net result 2020: -€26,094-€26,100Operating result 2021: -€23,175-€23,200Net result 2021: -€24,932-€24,900201920202021
The operating result stays negative: a loss of €23,175 in 2021 against €24,551 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €118,636
Fixed assets €5,545 ▼ 55.8%
Current assets €113,092 ▲ 180%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€16,175▲
2020 · -€17,551
Cash flow
-€17,932▲
2020 · -€19,094
Solvency
-59.7%▲
2020 · -86.7%
Current ratio
0.61▲
2020 · 0.45
Debt to equity
-2.67▼
2020 · -2.15
ROA
-21.0%▲
2020 · -49.2%
Interest coverage
-9.20▲
2020 · -11.33
Debt ≤ 1 year
€185,234▲
2020 · €89,143
Debt > 1 year
€4,274▼
2020 · €9,793
Staff costs
€83,383▲
2020 · €78,904
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 · 2021 against 2020 · 43 lines
Balance sheet Code20202021
Assets
Total assets20/58€52,997€118,636▲
Fixed assets21/28€12,545€5,545▼
Tangible fixed assets22/27€12,485€5,485▼
Plant, machinery and equipment23€6,242€2,742▼
Furniture and vehicles24€6,242€2,742▼
Financial fixed assets28€60€60=
Current assets29/58€40,453€113,092▲
Amounts receivable within one year40/41€40,453€113,092▲
Trade receivables40€31,788€105,662▲
Other amounts receivable41€8,665€7,429▼
Equity and liabilities
Total equity and liabilities10/49€52,997€118,636▲
Equity10/15-€45,939-€70,871▼
Contributions10/11€6,500€6,500=
Capital10€6,500€6,500=
Issued capital100€18,600€18,600=
Uncalled capital101€12,100€12,100=
Profit (loss) carried forward14-€52,439-€77,371▼
Amounts payable17/49€98,936€189,507▲
Amounts payable after more than one year17€9,793€4,274▼
Financial debts170/4€9,793€4,274▼
Amounts payable within one year42/48€89,143€185,234▲
Current portion of amounts payable after more than one year42€5,322€5,519▲
Financial debts43€8,623€9,661▲
Credit institutions430/8€8,623€9,661▲
Advances received on contracts in progress46€16,789€99,014▲
Taxes, remuneration and social security45€36,809€60,371▲
Taxes450/3€8,973€17,410▲
Remuneration and social security454/9€27,836€42,960▲
Other amounts payable47/48€21,601€10,668▼
Income statement Code20202021
Remuneration, social security and pensions62€78,904€83,383▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,000€7,000=
Other operating charges640/8-€1,930
Gross operating margin9900€61,353€69,138▲
Operating profit (loss)9901-€24,551-€23,175▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€1,549€1,757▲
Recurring financial charges65€1,549€1,757▲
Profit (loss) for the period before taxes9903-€26,094-€24,932▲
Profit (loss) for the period9904-€26,094-€24,932▲
Profit (loss) for the period to be appropriated9905-€26,094-€24,932▲
Appropriation of the result
Profit (loss) to be appropriated9906-€52,439-€77,371▼
Profit (loss) brought forward from the previous period14P-€26,345-€52,439▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Remuneration, social security and pensions62-€78,904€83,383▲ 5.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,515€7,000€7,000=
Other operating charges640/8--€1,930-
Gross operating margin9900€33,170€61,353€69,138▲ 12.7%
Operating profit (loss)9901-€25,723-€24,551-€23,175▲ 5.6%
Financial income75/76B-€6--
Recurring financial income75-€6--
Financial charges65/66B-€1,549€1,757▲ 13.5%
Recurring financial charges65€621€1,549€1,757▲ 13.5%
Profit (loss) for the period before taxes9903-€26,345-€26,094-€24,932▲ 4.5%
Profit (loss) for the period9904-€26,345-€26,094-€24,932▲ 4.5%
Profit (loss) for the period to be appropriated9905-€26,345-€26,094-€24,932▲ 4.5%
Line201920202021Change
Assets
Total assets20/58€86,552€52,997€118,636▲ 124%
Fixed assets21/28€19,545€12,545€5,545▼ 55.8%
Tangible fixed assets22/27€19,485€12,485€5,485▼ 56.1%
Plant, machinery and equipment23-€6,242€2,742▼ 56.1%
Furniture and vehicles24-€6,242€2,742▼ 56.1%
Financial fixed assets28€60€60€60=
Current assets29/58€67,007€40,453€113,092▲ 180%
Amounts receivable within one year40/41€67,007€40,453€113,092▲ 180%
Trade receivables40-€31,788€105,662▲ 232%
Other amounts receivable41-€8,665€7,429▼ 14.3%
Equity and liabilities
Total equity and liabilities10/49€86,552€52,997€118,636▲ 124%
Equity10/15-€19,845-€45,939-€70,871▼ 54.3%
Contributions10/11€6,500€6,500€6,500=
Capital10-€6,500€6,500=
Issued capital100-€18,600€18,600=
Uncalled capital101-€12,100€12,100=
Profit (loss) carried forward14-€26,345-€52,439-€77,371▼ 47.5%
Amounts payable17/49€106,397€98,936€189,507▲ 91.5%
Amounts payable after more than one year17€15,115€9,793€4,274▼ 56.4%
Financial debts170/4-€9,793€4,274▼ 56.4%
Amounts payable within one year42/48€91,282€89,143€185,234▲ 108%
Current portion of amounts payable after more than one year42-€5,322€5,519▲ 3.7%
Financial debts43-€8,623€9,661▲ 12.0%
Credit institutions430/8-€8,623€9,661▲ 12.0%
Trade debts44€24,476---
Advances received on contracts in progress46-€16,789€99,014▲ 490%
Taxes, remuneration and social security45-€36,809€60,371▲ 64.0%
Taxes450/3-€8,973€17,410▲ 94.0%
Remuneration and social security454/9-€27,836€42,960▲ 54.3%
Other amounts payable47/48-€21,601€10,668▼ 50.6%
Line201920202021Change
Profit (loss) for the period9904-€26,345-€26,094-€24,932▲ 4.5%
+ Depreciation and write-downs630€1,515€7,000€7,000=
Operating cash flow (approximation)-€24,830-€19,094-€17,932▲ 6.1%
Investment in fixed assets (approximation)-€0€0-

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

2022
13-09
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 06-09-2022
12-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 377 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
SignalNBB filing
0 of 1 act read
About the unread acts

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Liedekerke · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
839 m²
Building footprint
100 m²
Volume, LiDAR
543 m³
Parcel 23762C0092/00M002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
maisonS
Cathemlindeweg 18, 1770 LiedekerkeManufacture of metal structures and parts of structures
since 20192.285.666.527
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23762C0092/00M002 Flanders 839 m² 1 · 100 m² 8.3 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 Jan DE RIECK
PEGASUSLAAN 5, 1831 DIEGEM-
06-09-2022 → present

Similar companies · same sector and region

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 1,294 companies in sector 68122 we hold annual accounts for 902. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
41001General construction of residential buildings

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