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WESLEY DECORATION

Open bankruptcy
Private limited company (pre-2019)founded 2016Rue Georges Moreau(FR) 26, 7504 Tournai, BelgiumKBO/BCE: BE 0654.879.464

A bankruptcy procedure is open for WESLEY DECORATION according to publications in the Belgian State Gazette; curator: DAMIEN CATFOLIS. The 2018 annual accounts show negative equity (€-183k) and a net result of €-205k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 17-07-2019, 14 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2018, micro schema

Equity
€-183k
Total assets
€169k
Net result
€-205k
Working capital
€-200k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €169k
Fixed assets €93k
Current assets €76k
Key figures and ratios
2018 value
EBITDA
€-154k
Cash flow
€-172k
Solvency
-108.0%
Current ratio
0.28
Quick ratio
0.19
Debt / equity
-0.41
ROE
112.2%
ROA
-121.2%
Debt
€352k
Debt ≤ 1 year
€276k
Debt > 1 year
€75k
Income taxes
€0
Filed annual accounts
As filed with the NBB · 2018
Balance sheet Code2018
Assets
Total assets20/58€169k
Formation expenses20€0
Fixed assets21/28€93k
Intangible fixed assets21€51k
Tangible fixed assets22/27€37k
Financial fixed assets28€5k
Current assets29/58€76k
Stocks and contracts in progress3€25k
Amounts receivable within one year40/41€42k
Current investments50/53€0
Cash at bank and in hand54/58€4k
Equity and liabilities
Total equity and liabilities10/49€169k
Equity10/15€-183k
Contributions10/11€6k
Reserves13€0
Profit (loss) carried forward14€-189k
Provisions and deferred taxes16€0
Amounts payable17/49€352k
Amounts payable after more than one year17€75k
Amounts payable within one year42/48€276k
Trade debts44€153k
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k
Gross operating margin9900€225k
Operating profit (loss)9901€-187k
Recurring financial income75€11
Recurring financial charges65€18k
Profit (loss) for the period before taxes9903€-205k
Income taxes67/77€0
Profit (loss) for the period9904€-205k
Profit (loss) for the period to be appropriated9905€-205k
Appropriation of the result
Return on contributions (dividend)694€0

Download as CSV

Timeline · acts, filings and financial milestones

2019
30-09
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · WESLEY DECORATION SPRL RUE GEORGES MOREAU 26, 7504 FROIDMONT · event 24-09-2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
SignalNBB filing

Directors · office · real estate

Directors
2 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, Tournai · 1 establishment unit since 2016
establishment The establishment unit on the map
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 Georges Moreau(FR) 267504 Tournai
Ground area
4,198 m²
Building footprint
1,211 m²
Volume, LiDAR
644 m³
2 parcels, Wallonia · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wesley Decoration
Sint-Rochusstraat(H) 2B, 7712 MouscronManufacture of metal structures and parts of structures
since 20162.253.227.549
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54004K0014/00G002 Wallonia 3,710 m² 1 · 1,065 m² -
57030B0075/00N004 Wallonia 488 m² 1 · 146 m² 5.6 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DAMIEN CATFOLIS
DREVE GUSTAVE FACHE, 3, 7700 MOUSCRON- . Date provisoire de cessation de paiement : 24/09/2019
24-09-2019 → present

Similar companies · same sector, comparable size

Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 2,082 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded20-05-2016
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.