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SEFI

Open bankruptcy
Coöperatieve vennootschap met onbeperkte aansprakelijkheidfounded 2006Visé Voie 266, 4041 Herstal, BelgiumKBO/BCE: BE 0881.286.867

A bankruptcy procedure is open for SEFI according to publications in the Belgian State Gazette; curator: PIERRE LEGRAS.

Summary

The 2010 annual accounts show equity of €17,558 and a net result of €11,410.

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
25 July 2024
Supervising judge
Anne-Michele Fastre
Official Gazette
06-08-2024 (pdf) ↗search the document for 2024/131662

Curator

  • Pierre LegrasPlace Du Haut Pré 10, 4000 Liege 1p.legras@cavenaile.be

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

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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 · Latest accounts filed on time
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 15-06-2011, 46 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 12 May 2006, SEFI was incorporated.1 Total assets went from EUR 8,980 in 2008 to EUR 27,941 in 2010.2 The company was declared bankrupt on 25 July 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2008 and 2010
  3. 3Belgian State Gazette, 06-08-2024

Go further with this company

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

Financials · fiscal year 2010, full schema

Turnover
€145,743▼ 42.3%
2009 · €252,436
EBIT margin
8.2%▲ 5.4pp
2009 · 2.8%
Net result
€11,410▲ 61.8%
2009 · €7,053
Working capital
€3,427
2009 · -€7,765
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line200820092010
Turnover€252,436€145,743▼ 42.3%
Operating result-€3,417-€7,053€11,971▲ 69.7%
Net result-€3,876-€7,053€11,410▲ 61.8%
EBIT margin2.8%8.2%▲ 5.4pp
Equity-€905-€6,148€17,558▲ 186%
Total assets€8,980-€35,996▲ 301%€27,941▼ 22.4%
Debt€9,885-€29,848▲ 202%€10,383▼ 65.2%
Working capital-€905--€7,765▼ 758%€3,427
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2008: -€3,417-€3,417Net result 2008: -€3,876-€3,876Operating result 2009: €7,053€7,053Net result 2009: €7,053€7,053Operating result 2010: €11,971€11,971Net result 2010: €11,410€11,410200820092010-€5,000€0€5,000€10,000Operating result 2008: -€3,417-€3,420Net result 2008: -€3,876-€3,880Operating result 2009: €7,053€7,050Net result 2009: €7,053€7,050Operating result 2010: €11,971€12,000Net result 2010: €11,410€11,400200820092010
The operating result has risen two years in a row; 2010 is 70% above 2009 and is the highest result in the available series.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €27,941
Fixed assets €14,131 ▼ 30.3%
Current assets €13,810 ▼ 12.2%
Equity and liabilities €27,941
Equity €17,558 ▲ 186%
Debt €10,383 ▼ 65.2%
Debt's share of the balance-sheet total falls from 82.9% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
2010 value · change against 2009
EBITDA
€18,102▲
2009 · €13,184
Cash flow
€17,541▲
2009 · €13,184
Current ratio
1.33▲
2009 · 0.67
Quick ratio
0.00▼
2009 · 0.08
ROE
65.0%▼
2009 · 114.7%
ROA
40.8%▲
2009 · 19.6%
Debt ≤ 1 year
€10,383▼
2009 · €23,499
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 · 2010 against 2009 · 41 lines
Balance sheet Code20092010
Assets
Total assets20/58€35,996€27,941▼
Fixed assets21/28€20,262€14,131▼
Intangible fixed assets21€16,000€12,000▼
Tangible fixed assets22/27€4,262€2,131▼
Furniture and vehicles24€4,262-
Current assets29/58€15,734€13,810▼
Stocks and contracts in progress3€13,810€13,810=
Stocks30/36€13,810-
Amounts receivable within one year40/41€137-
Other amounts receivable41€137-
Cash at bank and in hand54/58€868-
Deferred charges and accrued income490/1€919-
Equity and liabilities
Total equity and liabilities10/49€35,996€27,941▼
Equity10/15€6,148€17,558▲
Contributions10/11€1,000€1,000=
Capital10€1,000-
Issued capital100€1,000-
Reserves13€1,600€1,600=
Legal reserve130€100-
Distributable reserves133€1,500-
Profit (loss) carried forward14€3,548€14,958▲
Amounts payable17/49€29,848€10,383▼
Amounts payable within one year42/48€23,499€10,383▼
Financial debts43€3,086-
Credit institutions430/8€3,086-
Trade debts44€1,793-
Suppliers440/4€1,793-
Other amounts payable47/48€18,620-
Accrued charges and deferred income492/3€6,349-
Income statement Code20092010
Turnover70€252,436€145,743▼
Goods, raw materials, services and sundry goods60/61€238,236-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,131€6,131=
Other operating charges640/8€1,016-
Gross operating margin9900€14,200€18,494▲
Operating profit (loss)9901€7,053€11,971▲
Recurring financial charges65-€561
Profit (loss) for the period before taxes9903€7,053€11,410▲
Profit (loss) for the period9904€7,053€11,410▲
Profit (loss) for the period to be appropriated9905€7,053€11,410▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,548-
Profit (loss) brought forward from the previous period14P-€3,505-
Line200820092010Change
Turnover70-€252,436€145,743▼ 42.3%
Goods, raw materials, services and sundry goods60/61-€238,236--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,131€6,131=
Other operating charges640/8-€1,016--
Gross operating margin9900-€2,509€14,200€18,494▲ 30.2%
Operating profit (loss)9901-€3,417€7,053€11,971▲ 69.7%
Recurring financial income75€23---
Recurring financial charges65€482-€561-
Profit (loss) for the period before taxes9903-€3,876€7,053€11,410▲ 61.8%
Profit (loss) for the period9904-€3,876€7,053€11,410▲ 61.8%
Profit (loss) for the period to be appropriated9905-€3,876€7,053€11,410▲ 61.8%
Line200820092010Change
Assets
Total assets20/58€8,980€35,996€27,941▼ 22.4%
Fixed assets21/28-€20,262€14,131▼ 30.3%
Intangible fixed assets21-€16,000€12,000▼ 25.0%
Tangible fixed assets22/27-€4,262€2,131▼ 50.0%
Furniture and vehicles24-€4,262--
Current assets29/58€8,980€15,734€13,810▼ 12.2%
Stocks and contracts in progress3€8,797€13,810€13,810=
Stocks30/36-€13,810--
Amounts receivable within one year40/41-€137--
Other amounts receivable41-€137--
Cash at bank and in hand54/58€183€868--
Deferred charges and accrued income490/1-€919--
Equity and liabilities
Total equity and liabilities10/49€8,980€35,996€27,941▼ 22.4%
Equity10/15-€905€6,148€17,558▲ 186%
Contributions10/11€1,000€1,000€1,000=
Capital10-€1,000--
Issued capital100-€1,000--
Reserves13€1,600€1,600€1,600=
Legal reserve130-€100--
Distributable reserves133-€1,500--
Profit (loss) carried forward14-€3,505€3,548€14,958▲ 322%
Amounts payable17/49€9,885€29,848€10,383▼ 65.2%
Amounts payable within one year42/48€9,885€23,499€10,383▼ 55.8%
Financial debts43-€3,086--
Credit institutions430/8-€3,086--
Trade debts44€4,734€1,793--
Suppliers440/4-€1,793--
Other amounts payable47/48-€18,620--
Accrued charges and deferred income492/3-€6,349--
Line200820092010Change
Profit (loss) for the period9904-€3,876€7,053€11,410▲ 61.8%
+ Depreciation and write-downs630-€6,131€6,131=
Operating cash flow (approximation)-€3,876€13,184€17,541▲ 33.0%
Investment in fixed assets (approximation)--€0-
Change in cash-€685--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
06-08
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 25-07-2024
2011
15-06
NBB filing Annual accounts filed
fiscal year 2010 · full schema
14-01
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 167 days late
2010
31-12
Financial Highest result since 2008net €11,410 ▲61.8%
Operating result €11,971, net result €11,410, both a record.
2009
31-12
Financial Back to profitnet €7,053
Net result €7,053 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Herstal
exact location from the address register On OpenStreetMap
Ground area
114 m²
Building footprint
94 m²
Volume, LiDAR
588 m³
Parcel 62112A0039/00C003, Wallonia · tallest building 6.9 m, ±2 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.
62112A0039/00C003 Wallonia 114 m² 1 · 94 m² 6.9 m · 2 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

1 mandate
Role Name Tenure
Curator PIERRE LEGRAS
PLACE DU HAUT PRé 10, 4000 LIEGE 1
25-07-2024 → present

Identification & contact

Identification
Legal formCoöperatieve vennootschap met onbeperkte aansprakelijkheid
Founded12-05-2006
Fiscal year end31-12
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.