Serge ENGLEBERT
Open bankruptcyA bankruptcy procedure is open for Serge ENGLEBERT according to publications in the Belgian State Gazette; curator: JEAN CHARLES MOTTET.
Summary
The file additionally contains 4 judicial reorganisation notices. The 2022 annual accounts show equity of €337k and a net result of €-60k.
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 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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
not filed
2022
30 d late
2021
19 d late
2020
30 d early
2019
125 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-60k
2021 · €31k
2018: €151khighest in 5 years
2019: €-66k▼ -143% vs 2018
2020: €-265k▼ -303% vs 2019lowest in 5 years
2021: €31k▲ +112% vs 2020
2022: €-60k▼ -291% vs 2021
2018 → 2022
Working capital
€-313k
2021 · €111k
2018: €430k
2019: €593k▲ +37.9% vs 2018highest in 5 years
2020: €179k▼ -69.7% vs 2019
2021: €111k▼ -37.9% vs 2020
2022: €-313k▼ -381% vs 2021lowest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€713k-€646k▼ 9.4%€372k▼ 42.3%€400k▲ 7.5%€337k▼ 15.7%
2018: €713khighest in 5 years
2019: €646k▼ -9.4% vs 2018
2020: €372k▼ -42.3% vs 2019
2021: €400k▲ +7.5% vs 2020
2022: €337k▼ -15.7% vs 2021lowest in 5 years
Operating result€195k-€-84k€-215k▼ 156%€135k€33k▼ 75.6%
2018: €195khighest in 5 years
2019: €-84k▼ -143% vs 2018
2020: €-215k▼ -156% vs 2019lowest in 5 years
2021: €135k▲ +163% vs 2020
2022: €33k▼ -75.6% vs 2021
Net result€151k-€-66k€-265k▼ 303%€31k€-60k
2018: €151khighest in 5 years
2019: €-66k▼ -143% vs 2018
2020: €-265k▼ -303% vs 2019lowest in 5 years
2021: €31k▲ +112% vs 2020
2022: €-60k▼ -291% vs 2021
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 76% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €5.67M
Fixed assets
€1.86M ▼ 4.1%
Current assets
€3.81M ▼ 2.1%
Equity and liabilities €5.67M
Equity
€337k ▼ 15.7%
Debt
€5.33M ▼ 1.8%
Debt's share of the balance-sheet total rises from 93.1% to 94.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€623k▼
2021 · €790k
Cash flow
€530k▼
2021 · €686k
Current ratio
0.92▼
2021 · 1.03
Quick ratio
0.64▼
2021 · 0.83
Debt to equity
15.80▲
2021 · 13.56
ROE
-17.7%▼
2021 · 7.8%
ROA
-1.1%▼
2021 · 0.5%
Interest coverage
6.48▼
2021 · 7.02
Debt ≤ 1 year
€4.12M▲
2021 · €3.78M
Debt > 1 year
€1.02M▼
2021 · €1.49M
Income taxes
€1k▲
2021 · €-3k
Staff costs
€1.85M▲
2021 · €1.71M
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 · 2022 against 2021 · 58 lines
Balance sheet
Code20212022
Assets
Total assets20/58€5.83M€5.67M▼
Fixed assets21/28€1.94M€1.86M▼
Tangible fixed assets22/27€1.83M€1.49M▼
Land and buildings22€71k€107k▲
Plant, machinery and equipment23€330k€259k▼
Furniture and vehicles24€377k€386k▲
Leasing and similar rights25€1.05M€739k▼
Financial fixed assets28€108k€368k▲
Current assets29/58€3.89M€3.81M▼
Stocks and contracts in progress3€736k€1.16M▲
Stocks30/36€736k€1.16M▲
Amounts receivable within one year40/41€2.97M€2.57M▼
Trade receivables40€2.63M€2.21M▼
Other amounts receivable41€344k€362k▲
Cash at bank and in hand54/58€170k-
Deferred charges and accrued income490/1€13k€86k▲
Equity and liabilities
Total equity and liabilities10/49€5.83M€5.67M▼
Equity10/15€400k€337k▼
Contributions10/11€45k€45k=
Capital10€45k€45k=
Issued capital100€45k€45k=
Reserves13€44k€44k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€268k€208k▼
Investment grants15€44k€41k▼
Amounts payable17/49€5.43M€5.33M▼
Amounts payable after more than one year17€1.49M€1.02M▼
Financial debts170/4€1.49M€1.02M▼
Amounts payable within one year42/48€3.78M€4.12M▲
Current portion of amounts payable after more than one year42€688k€602k▼
Trade debts44€1.68M€2.61M▲
Suppliers440/4€1.68M€2.61M▲
Taxes, remuneration and social security45€1.01M€890k▼
Taxes450/3€149k€241k▲
Remuneration and social security454/9€865k€649k▼
Other amounts payable47/48€394k€17k▼
Accrued charges and deferred income492/3€164k€184k▲
Income statement
Code20212022
Non-recurring operating income76A€110k€73k▼
Remuneration, social security and pensions62€1.71M€1.85M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€655k€590k▼
Other operating charges640/8€44k€51k▲
Gross operating margin9900€2.55M€2.52M▼
Operating profit (loss)9901€135k€33k▼
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€113k€96k▼
Recurring financial charges65€113k€96k▼
Profit (loss) for the period before taxes9903€27k€-58k▼
Transfer from deferred taxes780€1k-
Income taxes67/77€-3k€1k▲
Profit (loss) for the period9904€31k€-60k▼
Profit (loss) for the period to be appropriated9905€31k€-60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€268k€208k▼
Profit (loss) brought forward from the previous period14P€236k€268k▲
Social balance
Average headcount (FTE)9087-36.7
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €110k | €73k | ▼ 33.5% |
| Remuneration, social security and pensions62 | - | - | - | €1.71M | €1.85M | ▲ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €449k | €576k | €565k | €655k | €590k | ▼ 10.0% |
| Other operating charges640/8 | - | - | - | €44k | €51k | ▲ 17.0% |
| Gross operating margin9900 | €1.90M | €2.14M | €2.02M | €2.55M | €2.52M | ▼ 1.2% |
| Operating profit (loss)9901 | €195k | €-84k | €-215k | €135k | €33k | ▼ 75.6% |
| Financial income75/76B | - | - | - | €5k | €5k | ▲ 8.6% |
| Recurring financial income75 | €15k | €37k | €10k | €5k | €5k | ▲ 8.6% |
| Financial charges65/66B | - | - | - | €113k | €96k | ▼ 14.6% |
| Recurring financial charges65 | €38k | €35k | €61k | €113k | €96k | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €173k | €-82k | €-266k | €27k | €-58k | ▼ 314% |
| Transfer from deferred taxes780 | - | - | - | €1k | - | - |
| Income taxes67/77 | €23k | €-15k | - | €-3k | €1k | ▲ 157% |
| Profit (loss) for the period9904 | €151k | €-66k | €-265k | €31k | €-60k | ▼ 291% |
| Profit (loss) for the period to be appropriated9905 | €151k | €-66k | €-265k | €31k | €-60k | ▼ 291% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.48M | €4.73M | €5.74M | €5.83M | €5.67M | ▼ 2.8% |
| Fixed assets21/28 | €1.45M | €1.57M | €1.96M | €1.94M | €1.86M | ▼ 4.1% |
| Tangible fixed assets22/27 | €1.36M | €1.47M | €1.87M | €1.83M | €1.49M | ▼ 18.5% |
| Land and buildings22 | - | - | - | €71k | €107k | ▲ 51.7% |
| Plant, machinery and equipment23 | - | - | - | €330k | €259k | ▼ 21.7% |
| Furniture and vehicles24 | - | - | - | €377k | €386k | ▲ 2.6% |
| Leasing and similar rights25 | - | - | - | €1.05M | €739k | ▼ 29.8% |
| Financial fixed assets28 | €87k | €93k | €95k | €108k | €368k | ▲ 240% |
| Current assets29/58 | €4.03M | €3.16M | €3.78M | €3.89M | €3.81M | ▼ 2.1% |
| Stocks and contracts in progress3 | €123k | €249k | €497k | €736k | €1.16M | ▲ 57.1% |
| Stocks30/36 | - | - | - | €736k | €1.16M | ▲ 57.1% |
| Amounts receivable within one year40/41 | €3.41M | €2.62M | €2.80M | €2.97M | €2.57M | ▼ 13.7% |
| Trade receivables40 | - | - | - | €2.63M | €2.21M | ▼ 16.1% |
| Other amounts receivable41 | - | - | - | €344k | €362k | ▲ 5.2% |
| Cash at bank and in hand54/58 | €496k | €289k | €449k | €170k | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €13k | €86k | ▲ 586% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.48M | €4.73M | €5.74M | €5.83M | €5.67M | ▼ 2.8% |
| Equity10/15 | €713k | €646k | €372k | €400k | €337k | ▼ 15.7% |
| Contributions10/11 | €45k | €45k | €45k | €45k | €45k | = |
| Capital10 | - | - | - | €45k | €45k | = |
| Issued capital100 | - | - | - | €45k | €45k | = |
| Reserves13 | €44k | €44k | €44k | €44k | €44k | = |
| Non-distributable reserves130/1 | - | - | - | €4k | €4k | = |
| Legal reserve130 | - | - | - | €4k | €4k | = |
| Tax-exempt reserves132 | - | - | - | €19k | €19k | = |
| Distributable reserves133 | - | - | - | €21k | €21k | = |
| Profit (loss) carried forward14 | €567k | €501k | €236k | €268k | €208k | ▼ 22.3% |
| Investment grants15 | - | - | - | €44k | €41k | ▼ 7.5% |
| Provisions and deferred taxes16 | €4k | €3k | €1k | - | - | - |
| Amounts payable17/49 | €4.76M | €4.08M | €5.36M | €5.43M | €5.33M | ▼ 1.8% |
| Amounts payable after more than one year17 | €1.07M | €1.40M | €1.63M | €1.49M | €1.02M | ▼ 31.0% |
| Financial debts170/4 | - | - | - | €1.49M | €1.02M | ▼ 31.0% |
| Amounts payable within one year42/48 | €3.60M | €2.57M | €3.60M | €3.78M | €4.12M | ▲ 9.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €688k | €602k | ▼ 12.5% |
| Trade debts44 | €2.67M | €1.96M | €2.34M | €1.68M | €2.61M | ▲ 55.1% |
| Suppliers440/4 | - | - | - | €1.68M | €2.61M | ▲ 55.1% |
| Taxes, remuneration and social security45 | - | - | - | €1.01M | €890k | ▼ 12.2% |
| Taxes450/3 | - | - | - | €149k | €241k | ▲ 61.6% |
| Remuneration and social security454/9 | - | - | - | €865k | €649k | ▼ 24.9% |
| Other amounts payable47/48 | - | - | - | €394k | €17k | ▼ 95.6% |
| Accrued charges and deferred income492/3 | - | - | - | €164k | €184k | ▲ 12.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €151k | €-66k | €-265k | €31k | €-60k | ▼ 291% |
| + Depreciation and write-downs630 | €449k | €576k | €565k | €655k | €590k | ▼ 10.0% |
| Operating cash flow (approximation) | €600k | €510k | €300k | €686k | €530k | ▼ 22.8% |
| Investment in fixed assets (approximation) | - | €-694k | €-961k | €-630k | €-511k | ▲ 19.0% |
| Change in cash | - | €-207k | €161k | €-279k | - | - |
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
2024
17-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · event 12-04-2024
22-03
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · court-supervised transfer · event 15-03-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
23-08
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collective agreement · event 18-08-2023
28-02
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collective agreement · event 23-02-2023
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-265k
Net result drops to €-265k, the lowest in the series.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 125 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 85 days late
Show earlier events
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
06-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 6 days late
2012
26-01
Judicial reorganisation
Transfer under judicial authority
tribunal de commerce de · court-supervised transfer
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Bastogne · 1 establishment unit since 1992
Ground area
319 m²
Parcel 82024I0704/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Serge ENGLEBERT
since 19922.059.187.462
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82024I0704/00C000indicative | Wallonia | 319 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 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 | JEAN CHARLES MOTTET PLACE DU FAYS 12,
6870 SAINT-HUBERT |
12-04-2024 → present |
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 2,399 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42130Civil engineering
43110Demolition
47521Retail sale of hardware, building materials, paint and glass (general range)
52249Warehousing and support activities for transportation
Contact
E-mail
englebertsprl@skynet.beBastogne
Phone
061 21 42 78Bastogne
Fax
061 21 87 11Bastogne
Scores and ratios are computed by Checked and are not a credit decision.