MEUBLES OUTLET CENTER
Open bankruptcySummary
A bankruptcy procedure is open for MEUBLES OUTLET CENTER according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-31k) and a net result of €-67k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-07-2024, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
2 d early
2022
31 d late
2021
5 d late
2020
30 d late
2019
85 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-31k
2022 · €35k
2018: €23k
2019: €23k
2020: €35k
2021: €36k
2022: €35k
2018 → 2023
Total assets
€105k▼ 23.1%
2022 · €136k
2018: €118k
2019: €109k
2020: €111k
2021: €130k
2022: €136k
2018 → 2023
Net result
€-67k▼ 13,746%
2022 · €-481
2018: €1k
2019: €-9
2020: €12k
2021: €123
2022: €-481
2018 → 2023
Working capital
€-33k
2022 · €31k
2018: €25k
2019: €20k
2020: €17k
2021: €28k
2022: €31k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€23k-€35k▲ 51.6%€36k▲ 0.3%€35k▼ 1.4%€-31k
Operating result€5k-€18k▲ 281%€2k▼ 87.2%€4k▲ 90.0%€-62k
Net result€-9-€12k€123▼ 99.0%€-481€-67k▼ 13,746%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €62k after €4k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €105k
Fixed assets
€3k ▼ 65.6%
Current assets
€102k ▼ 20.4%
Key figures and ratios
EBITDA
€-56k▼
2022 · €10k
Cash flow
€-61k▼
2022 · €5k
Solvency
-30.1%▼
2022 · 25.8%
Current ratio
0.75▼
2022 · 1.32
Quick ratio
0.07▼
2022 · 0.10
Debt to equity
-4.33▼
2022 · 2.87
ROA
-63.7%▼
2022 · -0.4%
Interest coverage
-12.12▼
2022 · 2.39
Debt
€136k▲
2022 · €101k
Debt ≤ 1 year
€135k▲
2022 · €97k
Debt > 1 year
€872▲
2022 · €851
Income taxes
€563▼
2022 · €1k
Staff costs
€61k▲
2022 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€136k€105k▼
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€8k€3k▼
Furniture and vehicles24€8k€3k▼
Financial fixed assets28€30€30=
Current assets29/58€128k€102k▼
Stocks and contracts in progress3€118k€92k▼
Stocks30/36€118k€92k▼
Amounts receivable within one year40/41€6k€7k▲
Trade receivables40€6k€6k▲
Other amounts receivable41€278€346▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€2k€730▼
Equity and liabilities
Total equity and liabilities10/49€136k€105k▼
Equity10/15€35k€-31k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€-52k▼
Amounts payable17/49€101k€136k▲
Amounts payable after more than one year17€851€872▲
Financial debts170/4€851€872▲
Amounts payable within one year42/48€97k€135k▲
Current portion of amounts payable after more than one year42€5k€11k▲
Financial debts43€15k€14k▼
Credit institutions430/8€15k€14k▼
Trade debts44€24k€35k▲
Suppliers440/4€24k€35k▲
Taxes, remuneration and social security45€21k€30k▲
Taxes450/3€14k€29k▲
Remuneration and social security454/9€6k€2k▼
Other amounts payable47/48€32k€45k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20222023
Remuneration, social security and pensions62€34k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€3k€1k▼
Gross operating margin9900€47k€6k▼
Operating profit (loss)9901€4k€-62k▼
Financial income75/76B€327€154▼
Recurring financial income75€327€154▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€633€-66k▼
Income taxes67/77€1k€563▼
Profit (loss) for the period9904€-481€-67k▼
Profit (loss) for the period to be appropriated9905€-481€-67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-52k▼
Profit (loss) brought forward from the previous period14P€15k€15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
08-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · MEUBLES OUTLET CENTER SRL RUE DE HOLLOGNE 114, 4101 JEMEPPE-SUR-MEUSE · event 04-11-2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 144 days late
16-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 412 days late
16-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 778 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Hollogne 1144101 SeraingGround area
430 m²
Parcel 62058A0240/03A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MEUBLES OUTLET CENTER
since 20122.230.946.550
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058A0240/03A000 | Wallonia | 430 m² | - | - |
Linked by address, not proof of ownership
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | VIOLAINE DEVYVER QUAI MARCELLIS 7,
4020 LIEGE 2 |
04-11-2024 → present |
| Curator | LAURA NICOLINI RUE HAUTE
ROGNAC 169, 4400 FLEMALLE |
04-11-2024 → present |
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,099 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
47530Retail trade
47553Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.