TitulusOever
Open bankruptcyAre you a creditor?
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 30 June 2025
- Supervising judge
- Astrid Waucquez
- Official Gazette
- 04-07-2025 (pdf) ↗search the document for 2025/129641
Deadlines
- Appeal or third-party opposition until
- passed on 19 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 30 July 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 6 August 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 30 June 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Christophe BaudouxRue De Clairvaux, 40/202, 1348 Louvain-La-Neuvechristophe.baudoux@walk.law
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
- Staff
- 4 FTE
- Equity
- -€28,793
- Loss
- -€25,573
- Parent
- TITULUS PICTUS · 100%
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence
Signals
This company filed its last 5 accounts on average 30 days after the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (1)
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2023 · micro…
- Amendment of the articles · Legal-form…Board composition · Power of…
Financials · financial year 2023, micro format
2023 annual accounts filed late (30 days) Filed on 30 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00407209.
2019 to 2023, 5 financial years
The operating result stays negative: a loss of €21,762 in 2023 against €53,210 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €257,127 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €235,477 | €279,485 | €192,067 | ▼ 31.3% |
| Remuneration, social security and pensions62 | - | - | €66,733 | €161,180 | €155,736 | ▼ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,029 | €13,899 | €14,627 | €13,760 | €11,683 | ▼ 15.1% |
| Other operating charges640/8 | - | - | €1,380 | €1,807 | €1,858 | ▲ 2.8% |
| Gross operating margin9900 | -€21,396 | €38,333 | €83,091 | €123,537 | €147,515 | ▲ 19.4% |
| Operating profit (loss)9901 | -€42,674 | -€21,203 | €352 | -€53,210 | -€21,762 | ▲ 59.1% |
| Financial income75/76B | - | - | €455 | €314 | €139 | ▼ 55.8% |
| Recurring financial income75 | €79 | €228 | €455 | €314 | €139 | ▼ 55.8% |
| Financial charges65/66B | - | - | €1,776 | €2,265 | €3,950 | ▲ 74.4% |
| Recurring financial charges65 | €1,341 | €2,178 | €1,776 | €2,265 | €3,950 | ▲ 74.4% |
| Profit (loss) for the period before taxes9903 | -€43,936 | -€23,153 | -€969 | -€55,160 | -€25,573 | ▲ 53.6% |
| Profit (loss) for the period9904 | -€43,936 | -€23,153 | -€969 | -€55,160 | -€25,573 | ▲ 53.6% |
| Profit (loss) for the period to be appropriated9905 | -€43,936 | -€23,153 | -€969 | -€55,160 | -€25,573 | ▲ 53.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €232,882 | €192,391 | €164,655 | €122,394 | €113,342 | ▼ 7.4% |
| Fixed assets21/28 | €98,421 | €89,226 | €75,707 | €65,395 | €58,093 | ▼ 11.2% |
| Tangible fixed assets22/27 | €95,612 | €86,417 | €72,898 | €62,586 | €55,284 | ▼ 11.7% |
| Plant, machinery and equipment23 | - | - | €63,901 | €55,431 | €48,195 | ▼ 13.1% |
| Furniture and vehicles24 | - | - | €8,997 | €7,156 | €7,089 | ▼ 0.9% |
| Financial fixed assets28 | €2,809 | €2,809 | €2,809 | €2,809 | €2,809 | = |
| Current assets29/58 | €134,461 | €103,165 | €88,949 | €56,998 | €55,249 | ▼ 3.1% |
| Stocks and contracts in progress3 | €13,628 | €13,923 | €38,120 | €25,003 | €17,989 | ▼ 28.1% |
| Stocks30/36 | - | - | €38,120 | €25,003 | €17,989 | ▼ 28.1% |
| Amounts receivable within one year40/41 | €40,389 | €40,955 | €13,710 | €22,598 | €9,680 | ▼ 57.2% |
| Trade receivables40 | - | - | €2,372 | €22,444 | €9,438 | ▼ 57.9% |
| Other amounts receivable41 | - | - | €11,338 | €154 | €242 | ▲ 57.4% |
| Cash at bank and in hand54/58 | €80,444 | €43,927 | €31,910 | €8,177 | €27,122 | ▲ 232% |
| Deferred charges and accrued income490/1 | - | - | €5,210 | €1,220 | €458 | ▼ 62.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €232,882 | €192,391 | €164,655 | €122,394 | €113,342 | ▼ 7.4% |
| Equity10/15 | €76,064 | €52,911 | €51,941 | -€3,220 | -€28,793 | ▼ 794% |
| Contributions10/11 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Capital10 | - | - | €120,000 | €120,000 | €120,000 | = |
| Issued capital100 | - | - | €120,000 | €120,000 | €120,000 | = |
| Profit (loss) carried forward14 | -€43,936 | -€67,089 | -€68,059 | -€123,220 | -€148,793 | ▼ 20.8% |
| Amounts payable17/49 | €156,818 | €139,480 | €112,715 | €125,613 | €142,134 | ▲ 13.2% |
| Amounts payable after more than one year17 | €76,140 | €68,742 | €53,824 | €38,701 | €41,978 | ▲ 8.5% |
| Financial debts170/4 | - | - | €53,824 | €38,701 | €41,978 | ▲ 8.5% |
| Amounts payable within one year42/48 | €80,678 | €70,738 | €58,890 | €86,912 | €100,156 | ▲ 15.2% |
| Current portion of amounts payable after more than one year42 | - | - | €30,895 | €31,122 | €12,701 | ▼ 59.2% |
| Trade debts44 | €48,259 | €34,280 | €10,158 | €20,749 | €57,630 | ▲ 178% |
| Suppliers440/4 | - | - | €10,158 | €20,749 | €57,630 | ▲ 178% |
| Advances received on contracts in progress46 | - | - | €2,564 | €2,564 | - | - |
| Taxes, remuneration and social security45 | - | - | €12,167 | €29,431 | €27,863 | ▼ 5.3% |
| Taxes450/3 | - | - | €810 | €9,071 | €13,164 | ▲ 45.1% |
| Remuneration and social security454/9 | - | - | €11,357 | €20,360 | €14,699 | ▼ 27.8% |
| Other amounts payable47/48 | - | - | €3,106 | €3,046 | €1,963 | ▼ 35.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,936 | -€23,153 | -€969 | -€55,160 | -€25,573 | ▲ 53.6% |
| + Depreciation and write-downs630 | €6,029 | €13,899 | €14,627 | €13,760 | €11,683 | ▼ 15.1% |
| Operating cash flow (approximation) | -€37,907 | -€9,254 | €13,658 | -€41,400 | -€13,890 | ▲ 66.5% |
| Investment in fixed assets (approximation) | - | -€4,704 | -€1,108 | -€3,449 | -€4,381 | ▼ 27.0% |
| Change in cash | - | -€36,517 | -€12,017 | -€23,733 | €18,945 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 30-08-2024 | 2024-00407209 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00379034 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20400750 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-56200520 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50600230 |
Similar companies · same sector and region
Subsidies and aid
Flemish government
2024 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Christophe Baudoux Rue De Clairvaux, 40/202, 1348 Louvain-La-Neuve |
30-06-2025 → present |
Owners and capital
Owners
1 ownerChain of control
- TITULUS PICTUS
- TitulusOever
Highest known parent: TITULUS PICTUS. The sources do not say who stands above it.
Owners 1
- TITULUS PICTUSparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
26-03
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousBoard composition · Power of attorney · Capital conversion7 facts ▸
- Board composition, BLOT Vivien (sole director)
- Power of attorney
- General meeting, 23-12-2023
- Other provision, “SRL”, 01-01-2020 (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Capital
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21442A0079/00D011 | Brussels | 2,732 m² | 1 · 164 m² | 18.2 m · 5 |
| 11804D3358/00D000 | Flanders | 222 m² | 1 · 222 m² | 15.8 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Importation,exportation,achat et vente,en gros ou au détail,fabrication et distribution de toutes denrées alimentaires,d’alimentation…” (deed in French)
21 activities (deed in French)
- Importation,exportation,achat et vente,en gros ou au détail,fabrication et distribution de toutes denrées alimentaires,d’alimentation biologique,de produits d’épicerie et d’herboristerie,de boissons alcoolisées ou non,en ce compris vins,spiritueux,thé et café,ainsi que de tout accessoire,livre et documentation sous quelque forme que ce soit lié à la production,à l’histoire et à la consommation de ces produits.
- Livraison à domicile de ces produits pour activité commerciale.
- Organisation de dégustation de vin et de produits alimentaires et gastronomiques.
- Activité de restauration de bar à vin ou spiritueux
- Organisation d’événements de communication,à caractère politiques ou commerciaux liés aux vins,à l’alimentation,à la gastronomie et à l’agriculture en règle générale.
- La commerce de détail de tapas,petite restauration,snacks chauds et froids.
- L’achat,la vente et la location de fournitures et installations horeca.
- La société peut faire toutes opérations industrielles,commerciales,financières,mobilières ou immobilières,ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à en faciliter la réalisation.
- La société peut s'intéresser par toutes voies d'apport,de fusion,de souscription ou toute autre manière dans toutes affaires,entreprises ou sociétés,ayant un objet identique,analogue ou connexe,ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières,à faciliter l'écoulement de ses produits ou à élargir sa clientèle.
- La société peut se porter caution personnelle ou hypothécaire au profit de sociétés ou d'entreprises dans lesquelles elle possède une participation ou plus généralement des intérêts.
- La société peut être gérant,administrateur ou liquidateur.
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d’accès à la profession,la société subordonnera son action,en ce qui concerne ces prestations,à la réalisation de ces conditions.
- Le collège des gérants a qualité pour interpréter la nature et l'étendue de l'objet social.
- La société pourra louer ou sous louer,acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège social,un siège d’exploitation ou d’y loger ses dirigeants et les membres de leur famille à titre de résidence principale.
- La société peut,d'une façon générale,accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation.
- Elle peut s'intéresser par voie d'apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises associations ou sociétés ayant un objet identique,analogue ou connexe au sien,ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits.
- La société peut accepter et exercer un mandat d’administrateur,de gérant ou de liquidateur dans toutes sociétés,quel que soit son objet social.
- La société pourra exercer toutes activités d’intermédiaire commercial dans les domaines ci-dessus énumérés et dans tous secteurs dont l’activité n’est pas réglementée à ce jour.
- La société peut constituer hypothèque ou toute autre sûreté réelle sur les biens sociaux ou se porter caution.
- Elle peut prêter à toutes sociétés et/ou personnes physiques et se porter caution pour elles,même hypothécairement.
- La gérance a compétence pour interpréter l’objet.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TITULUS OEVER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu'à l'étranger par simple…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Assemblée qui nomme, sans limitation de durée” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessionnaire, prix offert par candidat original” (deed in French)“Transmissions pour cause de mort ou dissolution, chaque héritier,légataire ou ayant-droit pour son compte” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V. ASSEMBLEE GENERALE Article 17 : TENUE ET CONVOCATION Il est tenu chaque année, au siège, une assemblée générale ordinaire le dix…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par AG formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté AG désigner liquidateurs déterminer pouvoirs émoluments, administrateurs en fonction désignés par statuts si aucun autre désigné” (deed in French)