WATEAU
Open bankruptcyA bankruptcy procedure is open for WATEAU according to publications in the Belgian State Gazette; curator: CLEMENTINE MALSCHALCK.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €2,098 and a net result of -€1,980.
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 Walloon Brabant
- Declared bankrupt
- 6 February 2025
- Supervising judge
- Eric Chardon
- Official Gazette
- 12-02-2025 (pdf) ↗search the document for 2025/106009
Deadlines
- Appeal or third-party opposition until
- passed on 27 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 March 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 March 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 6 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Clementine MalschalckOff.Park Green, Rue Du Panier Vert 70, 1400 Nivellesclementine.malschalck@novalis.law
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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Four 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 26-10-2023, 87 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
87 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Wholesale of construction materials, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, full schema
Turnover
€70,963▼ 1.0%
2021 · €71,684
EBIT margin
-2.3%▼ 1.4pp
2021 · -0.9%
Net result
-€1,980▼ 115%
2021 · -€922
Working capital
€1,393▼ 56.3%
2021 · €3,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Turnover€71,684-€70,963▼ 1.0%
Operating result-€615--€1,598▼ 160%
Net result-€922below the sector's middle half--€1,980below the sector's middle half▼ 115%
EBIT margin-0.9%--2.3%▼ 1.4pp
Equity€4,078below the sector's middle half-€2,098below the sector's middle half▼ 48.6%
Total assets€14,598below the sector's middle half-€19,214below the sector's middle half▲ 31.6%
Debt€10,520-€17,116▲ 62.7%
Working capital€3,187below the sector's middle half-€1,393below the sector's middle half▼ 56.3%
Solvency27.9%within the sector's middle half-10.9%below the sector's middle half▼ 17.0pp
Current ratio1.30within the sector's middle half-1.08below the sector's middle half▼ 0.22
Return on assets (ROA)-6.3%below the sector's middle half--10.3%below the sector's middle half▼ 4.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,598 in 2022 against €615 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €19,214
Fixed assets
€705 ▼ 20.9%
Current assets
€18,509 ▲ 35.0%
Equity and liabilities €19,214
Equity
€2,098 ▼ 48.6%
Debt
€17,116 ▲ 62.7%
Debt's share of the balance-sheet total rises from 72.1% to 89.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,412▼
2021 · -€577
Cash flow
-€1,794▼
2021 · -€884
Debt to equity
8.16▲
2021 · 2.58
ROE
-94.4%▼
2021 · -22.6%
Interest coverage
-3.70▼
2021 · -1.88
Debt ≤ 1 year
€17,116▲
2021 · €10,520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Turnover70 | €71,684 | €70,963 | ▼ 1.0% |
| Goods, raw materials, services and sundry goods60/61 | €71,926 | €71,952 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38 | €186 | ▲ 389% |
| Other operating charges640/8 | €335 | €423 | ▲ 26.3% |
| Gross operating margin9900 | -€242 | -€989 | ▼ 309% |
| Operating profit (loss)9901 | -€615 | -€1,598 | ▼ 160% |
| Financial charges65/66B | €307 | €382 | ▲ 24.4% |
| Recurring financial charges65 | €307 | €382 | ▲ 24.4% |
| Profit (loss) for the period before taxes9903 | -€922 | -€1,980 | ▼ 115% |
| Profit (loss) for the period9904 | -€922 | -€1,980 | ▼ 115% |
| Profit (loss) for the period to be appropriated9905 | -€922 | -€1,980 | ▼ 115% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €14,598 | €19,214 | ▲ 31.6% |
| Fixed assets21/28 | €891 | €705 | ▼ 20.9% |
| Tangible fixed assets22/27 | €891 | €705 | ▼ 20.9% |
| Furniture and vehicles24 | €891 | €705 | ▼ 20.9% |
| Current assets29/58 | €13,707 | €18,509 | ▲ 35.0% |
| Amounts receivable within one year40/41 | €8,675 | €16,945 | ▲ 95.3% |
| Trade receivables40 | €4,897 | €9,338 | ▲ 90.7% |
| Other amounts receivable41 | €3,778 | €7,607 | ▲ 101% |
| Cash at bank and in hand54/58 | €4,762 | €1,294 | ▼ 72.8% |
| Deferred charges and accrued income490/1 | €270 | €270 | = |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €14,598 | €19,214 | ▲ 31.6% |
| Equity10/15 | €4,078 | €2,098 | ▼ 48.6% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | €5,000 | = |
| Issued capital100 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€922 | -€2,902 | ▼ 215% |
| Amounts payable17/49 | €10,520 | €17,116 | ▲ 62.7% |
| Amounts payable within one year42/48 | €10,520 | €17,116 | ▲ 62.7% |
| Trade debts44 | €4,519 | €4,050 | ▼ 10.4% |
| Suppliers440/4 | €4,519 | €4,050 | ▼ 10.4% |
| Taxes, remuneration and social security45 | €6,001 | €13,066 | ▲ 118% |
| Taxes450/3 | - | €3,007 | - |
| Remuneration and social security454/9 | €6,001 | €10,059 | ▲ 67.6% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€922 | -€1,980 | ▼ 115% |
| + Depreciation and write-downs630 | €38 | €186 | ▲ 389% |
| Operating cash flow (approximation) | -€884 | -€1,794 | ▼ 103% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€3,468 | - |
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
2025
27-06
KBO administration
Address struck
12-02
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 06-02-2025
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 87 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
SignalNBB filing
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.
Have them read with priority
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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, Wavre · 1 establishment unit since 2020
Ground area
1.7 ha
Building footprint
1,071 m²
Volume, LiDAR
12,979 m³
Parcel 25112N0017/00A002, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WATEAU
since 20202.309.241.287
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 1,071 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 | CLEMENTINE MALSCHALCK OFF.PARK GREEN,
RUE DU PANIER VERT 70, 1400 NIVELLES- |
06-02-2025 → present |
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. 123 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
Founded01-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.