N&A MAINTENANCE
Open bankruptcyA bankruptcy procedure is open for N&A MAINTENANCE according to publications in the Belgian State Gazette; curator: MARINA FABBRICOTTI. The 2023 annual accounts show negative equity (€-163k) and a net result of €-232k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2023Equity per financial year
181920212223
2018 to 2023 · latest year -€163k
Financials · fiscal year 2023, micro schema
Turnover
€1.04M▲ 26.5%
2021 · €820k
2018: €471k
2019: €572k
2020: €713k
2021: €820k
2018 → 2022
EBIT margin
0.8%▼ 0.4pp
2021 · 1.2%
2018: 19.7%
2019: 5.0%
2020: 4.1%
2021: 1.2%
2018 → 2022
Net result
€-232k
2022 · €4k
2018: €74k
2019: €27k
2020: €18k
2021: €5k
2022: €4k
2018 → 2023
Working capital
€-228k
2022 · €28k
2018: €35k
2019: €23k
2020: €25k
2021: €-14k
2022: €28k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€572k-€713k▲ 24.6%€820k▲ 15.0%€1.04M▲ 26.5%
Equity€55k-€57k▲ 4.7%€65k▲ 13.6%€69k▲ 6.1%€-163k
Operating result€29k-€29k▲ 1.1%€10k▼ 65.5%€9k▼ 13.0%€-227k
Net result€27k-€18k▼ 35.6%€5k▼ 73.1%€4k▼ 16.0%€-232k
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 €227k after €9k in 2022, the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €292k
Fixed assets
€137k▲ 29.9%
Current assets
€155k▼ 62.3%
Key figures and ratios
EBITDA
€-183k▼
2022 · €54k
Cash flow
€-188k▼
2022 · €49k
Solvency
-55.8%▼
2022 · 13.4%
Current ratio
0.40▼
2022 · 1.07
Quick ratio
0.33▼
2022 · 0.91
Debt / equity
-2.79▼
2022 · 6.48
ROE
142.4%▲
2022 · 5.8%
ROA
-79.4%▼
2022 · 0.8%
Interest coverage
-23.58▼
2022 · 12.58
Debt
€455k▲
2022 · €448k
Debt ≤ 1 year
€383k=
2022 · €383k
Debt > 1 year
€72k▲
2022 · €64k
Income taxes
€628▲
2022 · €447
Staff costs
€472k▲
2022 · €452k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€517k€292k▼
Fixed assets21/28€106k€137k▲
Tangible fixed assets22/27€106k€137k▲
Plant, machinery and equipment23€23k€42k▲
Furniture and vehicles24€41k€18k▼
Leasing and similar rights25€41k€77k▲
Current assets29/58€411k€155k▼
Stocks and contracts in progress3€63k€28k▼
Stocks30/36€63k€28k▼
Amounts receivable within one year40/41€254k€74k▼
Trade receivables40€227k€68k▼
Other amounts receivable41€27k€6k▼
Cash at bank and in hand54/58€91k€50k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€517k€292k▼
Equity10/15€69k€-163k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k-
Other1319-€2k
Profit (loss) carried forward14€61k€-171k▼
Amounts payable17/49€448k€455k▲
Amounts payable after more than one year17€64k€72k▲
Financial debts170/4€64k€72k▲
Amounts payable within one year42/48€383k€383k=
Current portion of amounts payable after more than one year42€13k€37k▲
Trade debts44€86k€78k▼
Suppliers440/4€86k€78k▼
Taxes, remuneration and social security45€243k€159k▼
Taxes450/3€19k€30k▲
Remuneration and social security454/9€224k€129k▼
Other amounts payable47/48€42k€110k▲
Income statement
Code20222023
Turnover70€1.04M-
Goods, raw materials, services and sundry goods60/61€519k-
Remuneration, social security and pensions62€452k€472k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€44k▼
Other operating charges640/8€12k€9k▼
Non-recurring operating charges66A-€13k
Gross operating margin9900€518k€312k▼
Operating profit (loss)9901€9k€-227k▼
Financial income75/76B€3€3k▲
Recurring financial income75€3€3k▲
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€4k€-231k▼
Income taxes67/77€447€628▲
Profit (loss) for the period9904€4k€-232k▼
Profit (loss) for the period to be appropriated9905€4k€-232k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€-171k▼
Profit (loss) brought forward from the previous period14P€57k€61k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · N&A MAINTENANCE SRL QUAI MARCELLIS 7, 4020 LIEGE 2 · event 27-10-2025
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 350 days late
2023
31-12
Financial
Weakest financial yearnet €-232k ▼5942%
Net result drops to €-232k, the lowest in the series.
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 113 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
20-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 81 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, Liège · 1 establishment unit since 2017
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.
Quai Marcellis 74020 LiègeGround area
2,230 m²
Building footprint
404 m²
Volume, LiDAR
9,605 m³
2 parcels, Wallonia · tallest building 36.7 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
N&A MAINTENANCE
since 20172.267.073.706
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64037B0180/00P000 | Wallonia | 1,295 m² | 1 · 158 m² | 8.6 m · 2 fl. |
| 62817C0027/00S004 | Wallonia | 934 m² | 1 · 245 m² | 36.7 m · 12 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | MARINA FABBRICOTTI RUE DES SOEURS GRISES 13,
4500 HUY |
27-10-2025 → present |
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Of 4,243 companies in sector 43230 we hold annual accounts for 1,230. 1,031 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2017
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.