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.
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, Neufchâteau division
- Declared bankrupt
- 12 April 2024
- Supervising judge
- RENé Wavreille
- Official Gazette
- 17-04-2024 (pdf) ↗search the document for 2024/115715
Curator
- Jean Charles MottetPlace Du Fays 12, 6870 Saint-Hubertinfo@avocatsmottet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
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)
History
Go further with this company
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-60k
2021 · €31k
Working capital
€-313k
2021 · €111k
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
Line20182019202020212022
Operating result€195k-€-84k€-215k▼ 156%€135k€33k▼ 75.6%
Net result€151k-€-66k€-265k▼ 303%€31k€-60k
Equity€713k-€646k▼ 9.4%€372k▼ 42.3%€400k▲ 7.5%€337k▼ 15.7%
Total assets€5.48M-€4.73M▼ 13.7%€5.74M▲ 21.4%€5.83M▲ 1.6%€5.67M▼ 2.8%
Debt€4.76M-€4.08M▼ 14.4%€5.36M▲ 31.5%€5.43M▲ 1.2%€5.33M▼ 1.8%
Working capital€430k-€593k▲ 37.9%€179k▼ 69.7%€111k▼ 37.9%€-313k
Staff (FTE)25.4-35▲ 37.8%43▲ 22.9%38.4▼ 10.7%36.7▼ 4.4%
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.
Annual accounts
| 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 8,462 companies in sector 43120 we hold annual accounts for 3,231. 2,400 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.