SERLAU
Open bankruptcyA bankruptcy procedure is open for SERLAU according to publications in the Belgian State Gazette; curator: PIERRE MACHIELS.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2023 annual accounts show negative equity (€-92k) and a net result of €-43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-07-2024, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
9 d early
2022
85 d late
2021
23 d late
2020
31 d late
2019
207 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€164k
EBIT margin
-40.2%
Net result
€-43k▲ 35.2%
2022 · €-66k
2018: €20k
2019: €-41k
2020: €13k
2021: €6k
2022: €-66k
2018 → 2023
Working capital
€-103k▼ 64.3%
2022 · €-63k
2018: €30k
2019: €-29k
2020: €-16k
2021: €889
2022: €-63k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€164k
Equity€-2k-€11k€17k▲ 59.6%€-49k€-92k▼ 87.1%
Operating result€-38k-€15k€7k▼ 51.7%€-66k€-40k▲ 39.1%
Net result€-41k-€13k€6k▼ 50.2%€-66k€-43k▲ 35.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40k in 2023 against €66k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €63k
Fixed assets
€11k ▼ 19.2%
Current assets
€52k ▲ 11.1%
Key figures and ratios
EBITDA
€-38k▲
2022 · €-63k
Cash flow
€-40k▲
2022 · €-64k
Solvency
-146.3%▼
2022 · -81.6%
Current ratio
0.34▼
2022 · 0.43
Quick ratio
0.28▼
2022 · 0.36
Debt to equity
-1.68▲
2022 · -2.23
ROA
-68.1%▲
2022 · -109.6%
Interest coverage
-5.11▲
2022 · -115.88
Debt
€156k▲
2022 · €110k
Debt ≤ 1 year
€156k▲
2022 · €110k
Staff costs
€158k▲
2022 · €89k
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 · 2023 against 2022 · 45 lines
Balance sheet
Code20222023
Assets
Total assets20/58€61k€63k▲
Fixed assets21/28€14k€11k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€1k€735▼
Furniture and vehicles24€1k€735▼
Financial fixed assets28€8k€8k=
Current assets29/58€47k€52k▲
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Amounts receivable within one year40/41€14k€36k▲
Trade receivables40-€2k
Other amounts receivable41€14k€34k▲
Cash at bank and in hand54/58€25k€8k▼
Equity and liabilities
Total equity and liabilities10/49€61k€63k▲
Equity10/15€-49k€-92k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-70k€-113k▼
Amounts payable17/49€110k€156k▲
Amounts payable within one year42/48€110k€156k▲
Trade debts44€83k€60k▼
Suppliers440/4€83k€60k▼
Taxes, remuneration and social security45€16k€91k▲
Taxes450/3-€31k
Remuneration and social security454/9€16k€59k▲
Other amounts payable47/48€11k€5k▼
Income statement
Code20222023
Turnover70€164k-
Non-recurring operating income76A€175k-
Goods, raw materials, services and sundry goods60/61€161k-
Remuneration, social security and pensions62€89k€158k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€154k€3k▼
Gross operating margin9900€179k€124k▼
Operating profit (loss)9901€-66k€-40k▲
Financial income75/76B€133€5k▲
Recurring financial income75€133€5k▲
Financial charges65/66B€547€7k▲
Recurring financial charges65€547€7k▲
Profit (loss) for the period before taxes9903€-66k€-43k▲
Profit (loss) for the period9904€-66k€-43k▲
Profit (loss) for the period to be appropriated9905€-66k€-43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-113k▼
Profit (loss) brought forward from the previous period14P€-3k€-70k▼
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
28-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 24-02-2025
2024
14-11
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise de Liège · event 07-11-2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
18-07
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collective agreement · event 11-07-2024
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 207 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
Show earlier events
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
14-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 14 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, Esneux · 1 establishment unit since 2020
Ground area
129 m²
Building footprint
97 m²
Parcel 62101D0211/00R000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
A PORAI
since 20202.298.785.875
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62101D0211/00R000 | Wallonia | 129 m² | 1 · 96 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 MACHIELS RUE DES CROISIERS 15, 4500 HUY- |
24-02-2025 → present |
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 8,458 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1995
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:infoserlau@gmail.com