THB9
Dissolution or liquidationThe KBO register records for THB9 the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-129k) and a net result of €-88k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-129k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
19 d late
2022
2 d early
2021
30 d early
2020
30 d late
2019
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-88k▼ 414%
2023 · €-17k
2019: €-58k
2020: €-82k
2021: €-16k
2022: €33k
2023: €-17k
2019 → 2024
Working capital
€-281k▼ 29.5%
2023 · €-217k
2019: €-207k
2020: €-227k
2021: €-140k
2022: €-152k
2023: €-217k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-40k-€-56k▼ 38.7%€-23k▲ 58.2%€-41k▼ 73.2%€-129k▼ 217%
Operating result€-61k-€6k€47k▲ 725%€-6k€-78k▼ 1,235%
Net result€-82k-€-16k▲ 81.0%€33k€-17k€-88k▼ 414%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €78k in 2024 against €6k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets
€217k▼ 14.1%
Current assets
€24k▼ 51.4%
Key figures and ratios
EBITDA
€-25k▼
2023 · €75k
Cash flow
€-35k▼
2023 · €63k
Solvency
-53.6%▼
2023 · -13.5%
Current ratio
0.08▼
2023 · 0.18
Quick ratio
0.05▼
2023 · 0.14
Debt / equity
-2.87▲
2023 · -8.41
ROA
-36.7%▼
2023 · -5.7%
Interest coverage
-2.37▼
2023 · 6.16
Debt
€369k▲
2023 · €341k
Debt ≤ 1 year
€305k▲
2023 · €266k
Debt > 1 year
€64k▼
2023 · €76k
Staff costs
€315k▼
2023 · €349k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€301k€240k▼
Fixed assets21/28€252k€217k▼
Intangible fixed assets21€14k€11k▼
Tangible fixed assets22/27€227k€195k▼
Plant, machinery and equipment23€11k€10k▼
Furniture and vehicles24€5k€10k▲
Leasing and similar rights25€211k-
Other tangible fixed assets26-€175k
Financial fixed assets28€11k€11k▼
Current assets29/58€48k€24k▼
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€7k€3k▼
Cash at bank and in hand54/58€21k€11k▼
Deferred charges and accrued income490/1€9k€526▼
Equity and liabilities
Total equity and liabilities10/49€301k€240k▼
Equity10/15€-41k€-129k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-141k€-229k▼
Amounts payable17/49€341k€369k▲
Amounts payable after more than one year17€76k€64k▼
Financial debts170/4€76k€64k▼
Amounts payable within one year42/48€266k€305k▲
Current portion of amounts payable after more than one year42€159k€95k▼
Trade debts44€72k€175k▲
Suppliers440/4€72k€175k▲
Taxes, remuneration and social security45€34k€35k▲
Taxes450/3€9k€6k▼
Remuneration and social security454/9€24k€29k▲
Other amounts payable47/48€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€349k€315k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€53k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€425k€292k▼
Operating profit (loss)9901€-6k€-78k▼
Financial income75/76B€789€149▼
Recurring financial income75€789€149▼
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€-17k€-88k▼
Profit (loss) for the period9904€-17k€-88k▼
Profit (loss) for the period to be appropriated9905€-17k€-88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-141k€-229k▼
Profit (loss) brought forward from the previous period14P€-123k€-141k▼
Social balance
Average headcount (FTE)908716.09.9▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-03
State Gazette act
Resignations & appointments · End & cessationGeneral meeting · Registered-office move · Approval11 facts ▸
State Gazette act
Resignations & appointments · End & cessation
General meeting · Registered-office move · Approval11 facts ▸
- General meeting, 29 janvier 2026
- Registered-office move, 4020 Liège, rue des Ecoliers, 3
- Approval, rapport de l'organe d'administration, situation active et passive arrêtée au 30 novembre 2025, rapport de BDO Réviseurs d'Entreprises
- Net-asset statement, 30 novembre 2025
- Dissolution, 2026-01-29
- Liquidation, 29 janvier 2026
- Director appointment, François ANCION (liquidator)
- Director appointment, Charlotte MUSCH (liquidator)
- Mandate compensation, François ANCION
- Mandate compensation, Charlotte MUSCH
- Liquidator confirmation, Président du Tribunal de l'Entreprise de Liège (division Liège)
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 13 days late
2024
31-12
Financial
Weakest financial yearnet €-88k
Net result drops to €-88k, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2026
Charlotte MUSCH
CurrentLiquidator · since 29-01-2026
François ANCION
CurrentLiquidator · since 29-01-2026
29-01-2026
Charlotte MUSCH: Appointed as Liquidator
29-01-2026
François ANCION: Appointed as Liquidator
23-07-2020
ROBERTO NAVARRO GUANIPA: Resigned as Manager
23-07-2020
THOMAS MILON STEVE MEMURLIN: Resigned as Manager
Location & real-estate footprint
Registered office, Awans · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Bruxelles 10-154340 AwansGround area
1.0 ha
Building footprint
5,171 m²
Volume, LiDAR
37,949 m³
2 parcels, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HUGGY'S BAR
since 20182.278.562.563
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0195/02A000 | Wallonia | 9,846 m² | 1 · 4,948 m² | 10.2 m · 2 fl. |
| 52011C0131/00C000 | Wallonia | 319 m² | 1 · 223 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
MS FOODS
BE 0717.837.216
Gesves · Eq €42k
EKAM
BE 1020.916.486
Middelkerke · Eq €42k
Masterminds
BE 0774.713.165
Antwerpen · Eq €42k
FOSCARI
BE 0889.065.871
Mons · Eq €42k
HADI 2020
BE 0769.574.343
Bornem · Eq €42k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,740 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:roberto@huggysbar.com