NUDEM
Bankruptcy closedInactive since 16-04-2026; last annual accounts for fiscal year 2023.
Summary
NUDEM was declared bankrupt on 07-10-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian State Gazette on 17-04-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-08-2024, 27 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
27 d late
2022
59 d late
2021
2 d early
2020
31 d late
2019
40 d late
← 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 31 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Limited-service restaurants, excluding mobile food services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€131,739▲ 18.3%
2018 · €111,356
EBIT margin
4.1%▲ 8.6pp
2018 · -4.4%
Net result
€1,218▼ 69.8%
2022 · €4,039
Working capital
€8,139▲ 21.5%
2022 · €6,697
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Turnover€131,739▲ 18.3%
Operating result€5,454-€4,812€1,461€4,753▲ 225%€1,852▼ 61.0%
Net result€5,237-€4,925within the sector's middle half€1,301within the sector's middle half€4,039within the sector's middle half▲ 210%€1,218within the sector's middle half▼ 69.8%
EBIT margin4.1%▲ 8.6pp
Equity€6,626▲ 377%€1,701within the sector's middle half▼ 74.3%€3,002within the sector's middle half▲ 76.5%€7,041within the sector's middle half▲ 135%€8,259within the sector's middle half▲ 17.3%
Total assets€36,444▲ 31.2%€33,730below the sector's middle half▼ 7.4%€24,178below the sector's middle half▼ 28.3%€19,854below the sector's middle half▼ 17.9%€71,153within the sector's middle half▲ 258%
Debt€29,818▲ 13.0%€32,029▲ 7.4%€21,176▼ 33.9%€12,813▼ 39.5%€62,894▲ 391%
Working capital€5,610▲ 517%€909within the sector's middle half▼ 83.8%€2,434within the sector's middle half▲ 168%€6,697within the sector's middle half▲ 175%€8,139within the sector's middle half▲ 21.5%
Solvency18.2%▲ 13.2pp5.0%within the sector's middle half▼ 13.1pp12.4%within the sector's middle half▲ 7.4pp35.5%within the sector's middle half▲ 23.0pp11.6%within the sector's middle half▼ 23.9pp
Current ratio1.19▲ 0.151.03within the sector's middle half▼ 0.161.11within the sector's middle half▲ 0.091.52within the sector's middle half▲ 0.411.13within the sector's middle half▼ 0.39
Return on assets (ROA)14.4%▲ 33.5pp-14.6%below the sector's middle half▼ 29.0pp5.4%within the sector's middle half▲ 20.0pp20.3%above the sector's middle half▲ 15.0pp1.7%within the sector's middle half▼ 18.6pp
Staff (FTE)0.50.7below the sector's middle half▲ 40.0%10▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 61% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €71,153
Fixed assets
€120 ▼ 65.1%
Current assets
€71,033 ▲ 264%
Equity and liabilities €71,153
Equity
€8,259 ▲ 17.3%
Debt
€62,894 ▲ 391%
Debt's share of the balance-sheet total rises from 64.5% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2,076▼
2022 · €4,977
Cash flow
€1,442▼
2022 · €4,263
Quick ratio
0.98▼
2022 · 1.09
Debt to equity
7.62▲
2022 · 1.82
ROE
14.7%▼
2022 · 57.4%
Interest coverage
23.59
Debt ≤ 1 year
€62,894▲
2022 · €12,813
Income taxes
€546▼
2022 · €1,041
Staff costs
€4,355▼
2022 · €12,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €131,739 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €12,415 | €4,355 | ▼ 64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €584 | €224 | €224 | €224 | €224 | = |
| Other operating charges640/8 | - | - | €8,616 | - | €4 | - |
| Non-recurring operating charges66A | - | - | €1,722 | €2,008 | €3,635 | ▲ 81.0% |
| Gross operating margin9900 | €35,084 | €17,373 | €12,023 | €19,400 | €10,070 | ▼ 48.1% |
| Operating profit (loss)9901 | €5,454 | -€4,812 | €1,461 | €4,753 | €1,852 | ▼ 61.0% |
| Financial income75/76B | - | - | €3 | €327 | - | - |
| Recurring financial income75 | - | - | €3 | €327 | - | - |
| Financial charges65/66B | - | - | €163 | - | €88 | - |
| Recurring financial charges65 | €217 | €113 | €163 | - | €88 | - |
| Profit (loss) for the period before taxes9903 | €5,237 | -€4,925 | €1,301 | €5,080 | €1,764 | ▼ 65.3% |
| Income taxes67/77 | - | - | - | €1,041 | €546 | ▼ 47.6% |
| Profit (loss) for the period9904 | €5,237 | -€4,925 | €1,301 | €4,039 | €1,218 | ▼ 69.8% |
| Profit (loss) for the period to be appropriated9905 | €5,237 | -€4,925 | €1,301 | €4,039 | €1,218 | ▼ 69.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,444 | €33,730 | €24,178 | €19,854 | €71,153 | ▲ 258% |
| Fixed assets21/28 | €1,016 | €792 | €568 | €344 | €120 | ▼ 65.1% |
| Tangible fixed assets22/27 | €896 | €672 | €448 | €224 | - | - |
| Plant, machinery and equipment23 | - | - | €448 | €224 | - | - |
| Financial fixed assets28 | €120 | €120 | €120 | €120 | €120 | = |
| Current assets29/58 | €35,428 | €32,938 | €23,610 | €19,510 | €71,033 | ▲ 264% |
| Stocks and contracts in progress3 | €4,414 | €8,402 | €9,901 | €5,541 | €9,398 | ▲ 69.6% |
| Stocks30/36 | - | - | €9,901 | €5,541 | €9,398 | ▲ 69.6% |
| Amounts receivable within one year40/41 | €30,946 | €20,281 | €12,670 | €1,775 | €53,459 | ▲ 2,912% |
| Trade receivables40 | - | - | €9,906 | - | €49,888 | - |
| Other amounts receivable41 | - | - | €2,764 | €1,775 | €3,571 | ▲ 101% |
| Cash at bank and in hand54/58 | €68 | €3,999 | €1,039 | €12,194 | €8,176 | ▼ 33.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,444 | €33,730 | €24,178 | €19,854 | €71,153 | ▲ 258% |
| Equity10/15 | €6,626 | €1,701 | €3,002 | €7,041 | €8,259 | ▲ 17.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €12,400 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€1,434 | -€6,359 | -€5,058 | -€1,019 | €199 | ▲ 120% |
| Amounts payable17/49 | €29,818 | €32,029 | €21,176 | €12,813 | €62,894 | ▲ 391% |
| Amounts payable within one year42/48 | €29,818 | €32,029 | €21,176 | €12,813 | €62,894 | ▲ 391% |
| Trade debts44 | €15,798 | €20,013 | €10,675 | €10,435 | €33,002 | ▲ 216% |
| Suppliers440/4 | - | - | €10,675 | €10,435 | €33,002 | ▲ 216% |
| Advances received on contracts in progress46 | - | - | €10,500 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €1 | €1,738 | €4,290 | ▲ 147% |
| Taxes450/3 | - | - | - | €1,170 | €1,717 | ▲ 46.8% |
| Remuneration and social security454/9 | - | - | €1 | €568 | €2,573 | ▲ 353% |
| Other amounts payable47/48 | - | - | - | €640 | €25,602 | ▲ 3,900% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,237 | -€4,925 | €1,301 | €4,039 | €1,218 | ▼ 69.8% |
| + Depreciation and write-downs630 | €584 | €224 | €224 | €224 | €224 | = |
| Operating cash flow (approximation) | €5,821 | -€4,701 | €1,525 | €4,263 | €1,442 | ▼ 66.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,931 | -€2,960 | €11,155 | -€4,018 | ▼ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
17-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 14-04-2026
2024
14-10
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 07-10-2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
07-06
KBO administration
Address struck
event 18-04-2024
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,301
Net result €1,301 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Back to profitnet €5,237
Net result €5,237 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Show earlier events
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 185 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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
Ground area
205 m²
Building footprint
173 m²
Volume, LiDAR
2,676 m³
Parcel 62058B0768/00E000, Wallonia · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058B0768/00E000 | Wallonia | 205 m² | 1 · 173 m² | 17.8 m · 5 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 | JEAN-LUC PAQUOT AVENUE BLONDEN 33,
4000 LIEGE 1 |
07-10-2024 → 14-04-2026 |
| Curator | PHILIPPE MOINEAU RUE
LOUVREX 55, 4000 LIEGE 1 |
07-10-2024 → 14-04-2026 |
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Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.