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MENUISERIE WOLFS

Open bankruptcy
Private limited companyfounded 2009Rue Lamarck 143, 4000 Liège, BelgiumKBO/BCE: BE 0809.041.366
Summary

A bankruptcy procedure is open for MENUISERIE WOLFS according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €109,179 and a net result of €97,617.

MENUISERIE WOLFSOpen bankruptcy

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 Liège, Liège division
Declared bankrupt
27 January 2025
Supervising judge
Beatrice Goffin
Official Gazette
31-01-2025 (pdf) ↗search the document for 2025/104111

Deadlines

Appeal or third-party opposition until
passed on 15 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 26 February 2025art. XX.104 and XX.155 CEL
First verification report
passed on 13 March 2025Goods 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 27 January 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

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.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

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 · 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 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 confirmed
2024
not filed
2023
29 d late
2022
on the day
2021
31 d late
2020
31 d late
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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

MENUISERIE WOLFS was incorporated on 13 January 2009.1 Total assets fell from EUR 1.5 million in 2018 to EUR 858,790 in 2023 and headcount from 4.2 to 7.1 full-time equivalents.2 On 27 January 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 31-01-2025

Go further with this company

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

Financials · fiscal year 2023, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€97,617▼ 57.5%
2022 · €229,729
Working capital
€25,509▼ 98.3%
2022 · €1.5m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20192020202120222023
Operating result€189,297▲ 68.9%€218,409▲ 15.4%€326,676▲ 49.6%€228,313▼ 30.1%€97,759▼ 57.2%
Net result€181,689▲ 66.6%€100,254above the sector's middle half▼ 44.8%€307,286above the sector's middle half▲ 207%€229,729above the sector's middle half▼ 25.2%€97,617within the sector's middle half▼ 57.5%
Equity€1.0m▲ 21.7%€1.0mabove the sector's middle half▼ 0.1%€1.3mabove the sector's middle half▲ 29.3%€1.5mabove the sector's middle half▲ 17.5%€109,179within the sector's middle half▼ 92.9%
Total assets€1.2m▼ 22.4%€1.3mwithin the sector's middle half▲ 4.7%€1.5mwithin the sector's middle half▲ 16.6%€1.7mwithin the sector's middle half▲ 13.2%€858,790within the sector's middle half▼ 48.3%
Debt€183,654▼ 77.6%€205,616▲ 12.0%€148,558▼ 27.7%€114,575▼ 22.9%€749,611▲ 554%
Working capital€970,369▲ 41.5%€1.0m▲ 7.4%€1.3m▲ 24.7%€1.5m▲ 18.5%€25,509▼ 98.3%
Solvency84.7%▲ 30.7pp80.9%above the sector's middle half▼ 3.8pp89.7%above the sector's middle half▲ 8.8pp93.1%above the sector's middle half▲ 3.4pp12.7%below the sector's middle half▼ 80.3pp
Staff (FTE)4.5▲ 7.1%4.5within the sector's middle half=4.2within the sector's middle half▼ 6.7%4.5within the sector's middle half▲ 7.1%7.1within the sector's middle half▲ 57.8%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2019: €189,297€189,297Net result 2019: €181,689€181,689Operating result 2020: €218,409€218,409Net result 2020: €100,254€100,254Operating result 2021: €326,676€326,676Net result 2021: €307,286€307,286Operating result 2022: €228,313€228,313Net result 2022: €229,729€229,729Operating result 2023: €97,759€97,759Net result 2023: €97,617€97,61720192020202120222023€0€100,000€200,000€300,000Operating result 2021: €326,676€327,000Net result 2021: €307,286€307,000Operating result 2022: €228,313€228,000Net result 2022: €229,729€230,000Operating result 2023: €97,759€97,800Net result 2023: €97,617€97,600202120222023
The operating result has fallen two years in a row; 2023 is 57% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €808,184
Fixed assets €91,844 ▲ 922%
Current assets €716,340 ▼ 56.6%
Equity and liabilities €858,790
Equity €109,179 ▼ 92.9%
Provisions €0 ▼ 100%
Debt €749,611 ▲ 554%
Debt's share of the balance-sheet total rises from 6.9% to 87.3%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€119,228▼
2022 · €236,275
Cash flow
€119,086▼
2022 · €237,692
Current ratio
1.04▼
2022 · 14.80
Quick ratio
0.95▼
2022 · 14.38
Debt to equity
6.87▲
2022 · 0.07
ROE
89.4%▲
2022 · 14.9%
ROA
11.4%▼
2022 · 13.8%
Interest coverage
10.83▼
2022 · 322.54
Debt ≤ 1 year
€690,831▲
2022 · €111,575
Debt > 1 year
€58,780
Income taxes
€35,500▼
2022 · €77,518
Staff costs
€371,499▲
2022 · €224,577
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 · 2023 against 2022 · 59 lines
Balance sheet Code20222023
Assets
Total assets20/58€1.7m€858,790▼
Formation expenses20-€50,606
Fixed assets21/28€8,984€91,844▲
Tangible fixed assets22/27€8,984€91,844▲
Plant, machinery and equipment23€231€0▼
Furniture and vehicles24€641€84,932▲
Other tangible fixed assets26€8,112€6,912▼
Current assets29/58€1.7m€716,340▼
Stocks and contracts in progress3€46,872€57,081▲
Stocks30/36€46,872€57,081▲
Amounts receivable within one year40/41€296,652€573,061▲
Trade receivables40€246,613€483,617▲
Other amounts receivable41€50,040€89,444▲
Cash at bank and in hand54/58€1.3m€72,614▼
Deferred charges and accrued income490/1€52,657€13,585▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€858,790▼
Equity10/15€1.5m€109,179▼
Contributions10/11€90,000€90,000=
Reserves13€368,096€18,096▼
Non-distributable reserves130/1€9,000€9,000=
Reserves not available under the articles1311€9,000€9,000=
Distributable reserves133€359,096€9,096▼
Profit (loss) carried forward14€1.1m€1,084▼
Provisions and deferred taxes16€633€0▼
Provisions for liabilities and charges160/5€633€0▼
Other liabilities and charges164/5€633-
Amounts payable17/49€114,575€749,611▲
Amounts payable after more than one year17-€58,780
Financial debts170/4-€58,780
Amounts payable within one year42/48€111,575€690,831▲
Current portion of amounts payable after more than one year42-€268,239
Trade debts44€97,027€364,041▲
Suppliers440/4€97,027€364,041▲
Taxes, remuneration and social security45€14,549€28,166▲
Taxes450/3€7,147€393▼
Remuneration and social security454/9€7,402€27,773▲
Other amounts payable47/48-€30,386
Accrued charges and deferred income492/3€3,000-
Income statement Code20222023
Remuneration, social security and pensions62€224,577€371,499▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,963€21,469▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€2,367-€633▲
Other operating charges640/8€3,850€5,231▲
Operating charges capitalised as restructuring costs649--€53,270
Gross operating margin9900€462,336€442,055▼
Operating profit (loss)9901€228,313€97,759▼
Financial income75/76B€79,667€46,362▼
Recurring financial income75€79,667€46,362▼
Financial charges65/66B€733€11,004▲
Recurring financial charges65€733€11,004▲
Profit (loss) for the period before taxes9903€307,247€133,117▼
Income taxes67/77€77,518€35,500▼
Profit (loss) for the period9904€229,729€97,617▼
Profit (loss) for the period to be appropriated9905€229,729€97,617▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.1m€1.2m▲
Profit (loss) brought forward from the previous period14P€857,738€1.1m▲
Transfer from equity791/2-€350,000
Profit to be distributed694/7-€1.5m
Return on contributions (dividend)694-€1.5m
Social balance
Average headcount (FTE)90874.57.1▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62--€201,715€224,577€371,499▲ 65.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,205€28,602€23,234€7,963€21,469▲ 170%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€32,111-€2,367-€633▲ 73.2%
Other operating charges640/8--€3,296€3,850€5,231▲ 35.8%
Operating charges capitalised as restructuring costs649-----€53,270-
Gross operating margin9900€421,483€470,068€522,810€462,336€442,055▼ 4.4%
Operating profit (loss)9901€189,297€218,409€326,676€228,313€97,759▼ 57.2%
Financial income75/76B--€71,828€79,667€46,362▼ 41.8%
Recurring financial income75€68,268€95,094€71,828€79,667€46,362▼ 41.8%
Financial charges65/66B--€1,010€733€11,004▲ 1,402%
Recurring financial charges65€2,424€130,833€1,010€733€11,004▲ 1,402%
Profit (loss) for the period before taxes9903€255,141€182,670€397,494€307,247€133,117▼ 56.7%
Income taxes67/77€73,453€82,415€90,208€77,518€35,500▼ 54.2%
Profit (loss) for the period9904€181,689€100,254€307,286€229,729€97,617▼ 57.5%
Profit (loss) for the period to be appropriated9905€181,689€100,254€307,286€229,729€97,617▼ 57.5%
Line20192020202120222023Change
Assets
Total assets20/58€1.2m€1.3m€1.5m€1.7m€858,790▼ 48.3%
Formation expenses20----€50,606-
Fixed assets21/28€61,953€36,798€18,562€8,984€91,844▲ 922%
Tangible fixed assets22/27€60,993€36,798€18,562€8,984€91,844▲ 922%
Plant, machinery and equipment23--€461€231€0▼ 100%
Furniture and vehicles24--€8,789€641€84,932▲ 13,142%
Other tangible fixed assets26--€9,312€8,112€6,912▼ 14.8%
Financial fixed assets28€960-----
Current assets29/58€1.1m€1.2m€1.4m€1.7m€716,340▼ 56.6%
Amounts receivable after more than one year29--€215,796---
Other amounts receivable291--€215,796---
Stocks and contracts in progress3€2,620€46,402€45,847€46,872€57,081▲ 21.8%
Stocks30/36--€45,847€46,872€57,081▲ 21.8%
Amounts receivable within one year40/41€666,972€125,577€683,859€296,652€573,061▲ 93.2%
Trade receivables40--€139,576€246,613€483,617▲ 96.1%
Other amounts receivable41--€544,283€50,040€89,444▲ 78.7%
Cash at bank and in hand54/58€130,580€770,110€498,587€1.3m€72,614▼ 94.2%
Deferred charges and accrued income490/1--€4,741€52,657€13,585▼ 74.2%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.3m€1.5m€1.7m€858,790▼ 48.3%
Equity10/15€1.0m€1.0m€1.3m€1.5m€109,179▼ 92.9%
Contributions10/11€90,000-€90,000€90,000€90,000=
Reserves13€487,000€377,043€368,096€368,096€18,096▼ 95.1%
Non-distributable reserves130/1--€9,000€9,000€9,000=
Reserves not available under the articles1311--€9,000€9,000€9,000=
Distributable reserves133--€359,096€359,096€9,096▼ 97.5%
Profit (loss) carried forward14€441,041€550,452€857,738€1.1m€1,084▼ 99.9%
Provisions and deferred taxes16-€35,111€3,000€633€0▼ 100%
Provisions for liabilities and charges160/5--€3,000€633€0▼ 100%
Other liabilities and charges164/5--€3,000€633--
Amounts payable17/49€183,654€205,616€148,558€114,575€749,611▲ 554%
Amounts payable after more than one year17€12,869€1,560--€58,780-
Financial debts170/4----€58,780-
Amounts payable within one year42/48€169,374€179,068€148,558€111,575€690,831▲ 519%
Current portion of amounts payable after more than one year42--€41,762-€268,239-
Trade debts44€66,009€52,558€85,611€97,027€364,041▲ 275%
Suppliers440/4--€85,611€97,027€364,041▲ 275%
Advances received on contracts in progress46--€5,311---
Taxes, remuneration and social security45--€11,193€14,549€28,166▲ 93.6%
Taxes450/3--€4,197€7,147€393▼ 94.5%
Remuneration and social security454/9--€6,996€7,402€27,773▲ 275%
Other amounts payable47/48--€4,682-€30,386-
Accrued charges and deferred income492/3---€3,000--
Line20192020202120222023Change
Profit (loss) for the period9904€181,689€100,254€307,286€229,729€97,617▼ 57.5%
+ Depreciation and write-downs630€29,205€28,602€23,234€7,963€21,469▲ 170%
Operating cash flow (approximation)€210,894€128,857€330,520€237,692€119,086▼ 49.9%
Investment in fixed assets (approximation)--€3,448-€4,998€1,616-€104,329▼ 6,557%
Change in cash-€639,530-€271,523€757,019-€1.2m▼ 256%

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

2025
31-01
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 27-01-2025
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial Weakest financial yearnet €97,617 ▼57.5%
Net result drops to €97,617, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial Highest result since 2018net €307,286 ▲207%
Operating result €326,676, net result €307,286, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
17-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Liquidity quadruplescurrent ratio 6.73
Current ratio from 1.89 to 6.73; short-term debt falls from €769,880 to €169,374.
31-12
Financial Equity above €1mEq €1.0m ▲21.7%
2 profitable years in a row build equity to €1.0m.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
19-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
07-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liège · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
892 m²
Building footprint
127 m²
Volume, LiDAR
1,237 m³
Parcel 62810B1013/00L003, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Rue Lamarck 143, 4000 Liège
Manufacture of other builders' carpentry and joinery
since 20092.175.977.442
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62810B1013/00L003 Wallonia 892 m² 1 · 127 m² 12.3 m · 3 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 DIDIER GRIGNARD
RUE DES CHAMPS 58, 4020 LIEGE 2
27-01-2025 → present
Curator JULIEN STOCKMAN
RUE DES CHAMPS, 58, 4020 LIEGE 2
27-01-2025 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Humanity Partners 100%
  2. MENUISERIE WOLFS

Highest known parent: Humanity Partners. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

967600S21MGCUWHLEH19
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 4,020 companies in sector 43310 we hold annual accounts for 1,749. 1,497 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43320Joinery installation
Contact
Phone 04 252 89 57Liège
Fax 04 252 89 57Liège
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 27 September 2026 · Peppol Directory

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