Active BE 0806.199.068Private limited company (pre-2019)Open bankruptcy

MILLESIME VOYAGES

Bld Emile-de-Laveleye 183/1 ·4020 Liège, Belgium· 17 yrs active

Sector: Activiteiten van reisbureaus (79110)

Conclusion Checked

A bankruptcy procedure is open for MILLESIME VOYAGES according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (€-60k) and a net result of €-130k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-60k
Net result	€-130k
Better than sector	10%
Active	17 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

36 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 46

Growth 32

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.

Health barometer FY 2020 · computed

0 / 100 Critical

050100

Computed from 4 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 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-10-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 79 · compared across all schema types (micro, abbreviated and full combined)

Metric	This company	Sector median	Position in the sector
Solvency	-24.0%	21.8%	better than 10% of 62 sector peers
Net result	€-138k	€-13k	better than 14% of 62 sector peers
Equity	€-60k	€63k	better than 6% of 62 sector peers
Gross operating margin	€-98k	€7k	better than 5% of 57 sector peers
Total assets	€249k	€323k	better than 41% of 62 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-118k

- 18-20

Net profit

€-130k

- 18-20

Cash flow

€-120k

- 18-20

Total assets

€249k

-48.5% 18-20

Equity

€-60k

- 18-20

Working capital

€11k

-91.8% 18-20

Employees (FTE)

1

0.0% 18-20

Income taxes

€1k

-42.5% 18-20

Show 9 other metrics

Debt

€309k

-23.7% 18-20

Debt ≤ 1y

€213k

-31.9% 18-20

Debt > 1y

€76k

-16.7% 18-20

Current ratio

1.05

-26.4% 18-20

Quick ratio

1.05

-26.4% 18-20

Solvency

-24.0%

- 18-20

Debt / equity

-1.28

- 18-20

ROE

217.5%

+1964.4% 18-20

ROA

-52.3%

- 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€-118k
Net profit	€-130k
Cash flow	€-120k
Staff costs	-
Income taxes	€1k
Dividends	-
Total assets	€249k
Equity	€-60k
Debt	€309k
of which ≤ 1y	€213k
of which > 1y	€76k
Working capital	€11k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	1.05
Quick ratio	1.05
Working capital ratio	4.4%
Solvency	-24.0%
Debt / equity	-1.28
Long-term debt ratio	-1.28
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-52.3%
ROE	217.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €25k · 9.9% Current assets €224k · 90.1%

Full annual accounts (25 line items)

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

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€249k
Fixed assets	21/28	€25k
Formation expenses	20	€233
Intangible fixed assets	21	€792
Tangible fixed assets	22/27	€24k
Current assets	29/58	€224k
Amounts receivable within one year	40/41	€221k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€249k
Equity	10/15	€-60k
Contributions / capital	10/11	€70k
Reserves	13	€250
Accumulated profits (losses)	14	€-130k
Amounts payable	17/49	€309k
Amounts payable after one year	17	€76k
Amounts payable within one year	42/48	€213k
Trade debts payable within one year	44	€182k
Income statement
Gross operating margin	9900	€-98k
Operating result	9901	€-128k
Financial income	75	€72
Financial charges	65	€9k
Result before taxes	9903	€-137k
Income taxes	67/77	€1k
Net result for the period	9904	€-138k
Result to be appropriated	9905	€-138k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	CHRISTELLE GRODENT RUE SAINT REMY 5, 4000 LIEGE 1	02-11-2021 → present	Belgian State Gazette
Curator	LEON LEDUC PLACE DE BRONCKART 1, 4000 LIEGE 1	02-11-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van reisbureaus(79110)
Legal form	Private limited company (pre-2019)(015)
Incorporation	08-09-2008
Status	Active
Postal code	4020
First BS signal	08-11-2021
Latest BS signal	08-11-2021

Establishment units 1 location

MILLESIME VOYAGES

Avenue du Luxembourg 42, 4020 LiègeActiviteiten van reisbureaus

since 20082.173.246.990

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62806C0657/00T005	Wallonia	139 m²	1 · 67 m²	18.6 m · 6 fl.

Methodology

via establishment units: 1

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

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

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

08-11-2021

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · MILLESIME VOYAGES SRL BOULE- VARD EMILE DE LAVELEYE 183/1, 4020 LIEGE 2 · event 02-11-2021

26-10-2021