BIANELLO GROUP
Open bankruptcyA bankruptcy procedure is open for BIANELLO GROUP according to publications in the Belgian State Gazette; curator: INGRID VON FRENCKELL.
Summary
The 2021 annual accounts show equity of €46k and a net result of €8k.
Signals
Three 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 31-12-2021 was due by 31-07-2022 and was filed on 29-09-2022, 60 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
60 d late
2020
30 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€1.46M▼ 2.7%
2018 · €1.50M
2018: €1.50M
2018 → 2019
EBIT margin
0.8%▼ 0.4pp
2018 · 1.2%
2018: 1.2%
2018 → 2019
Net result
€8k
2020 · €-580
2018: €15k
2019: €2k
2020: €-580
2018 → 2021
Working capital
€-36k▲ 3.3%
2020 · €-38k
2018: €-20k
2019: €-35k
2020: €-38k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€1.50M-€1.46M▼ 2.7%
Equity€37k-€39k▲ 6.5%€39k▼ 1.5%€46k▲ 20.4%
Operating result€17k-€12k▼ 32.4%€1k▼ 90.8%€17k▲ 1,459%
Net result€15k-€2k▼ 84.3%€-580€8k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 1,459% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €482k
Fixed assets
€85k ▼ 9.4%
Current assets
€397k ▲ 30.4%
Equity and liabilities €482k
Equity
€46k ▲ 20.4%
Debt
€435k ▲ 21.1%
Debt's share of the balance-sheet total rises from 90.3% to 90.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2020 · €10k
Cash flow
€17k▲
2020 · €8k
Current ratio
0.92▲
2020 · 0.89
Quick ratio
0.26▲
2020 · 0.17
Debt to equity
9.37▲
2020 · 0.45
ROE
16.9%▲
2020 · -1.5%
ROA
1.6%▲
2020 · -0.1%
Interest coverage
4.95
Debt ≤ 1 year
€433k▲
2020 · €342k
Debt > 1 year
€2k▼
2020 · €17k
Income taxes
€4k▲
2020 · €763
Staff costs
€54k
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 · 2021 against 2020 · 51 lines
Balance sheet
Code20202021
Assets
Total assets20/58€398k€482k▲
Fixed assets21/28€94k€85k▼
Intangible fixed assets21€12k€8k▼
Tangible fixed assets22/27€18k€14k▼
Plant, machinery and equipment23-€14k
Financial fixed assets28€63k€63k=
Current assets29/58€304k€397k▲
Stocks and contracts in progress3€247k€286k▲
Stocks30/36-€286k
Amounts receivable within one year40/41€32k€86k▲
Trade receivables40-€76k
Other amounts receivable41-€11k
Cash at bank and in hand54/58€24k€20k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€398k€482k▲
Equity10/15€39k€46k▲
Contributions10/11-€19k
Reserves13€20k€20k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€18k
Profit (loss) carried forward14€108€8k▲
Amounts payable17/49€359k€435k▲
Amounts payable after more than one year17€17k€2k▼
Financial debts170/4-€2k
Amounts payable within one year42/48€342k€433k▲
Current portion of amounts payable after more than one year42-€14k
Financial debts43-€23k
Credit institutions430/8-€23k
Trade debts44€282k€368k▲
Suppliers440/4-€368k
Taxes, remuneration and social security45-€26k
Taxes450/3-€4k
Remuneration and social security454/9-€22k
Other amounts payable47/48-€2k
Income statement
Code20202021
Remuneration, social security and pensions62-€54k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8-€874
Gross operating margin9900€38k€81k▲
Operating profit (loss)9901€1k€17k▲
Financial income75/76B-€36
Recurring financial income75€3k€36▼
Financial charges65/66B-€5k
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€183€12k▲
Income taxes67/77€763€4k▲
Profit (loss) for the period9904€-580€8k▲
Profit (loss) for the period to be appropriated9905€-580€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8k
Profit (loss) brought forward from the previous period14P-€108
Social balance
Average headcount (FTE)9087-2.0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
13-10
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · BIANELLO GROUP SRL AVENUE JOSEPH-PREVERS 29, 4020 LIEGE 2 · event 09-10-2023
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-580 ▼124%
Net result drops to €-580, the lowest in the series.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Liège · 1 establishment unit since 2014
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.
Avenue Joseph-Prévers 294020 LiègeGround area
120 m²
Building footprint
120 m²
Volume, LiDAR
368 m³
Parcel 62809B0341/00R015, Wallonia · tallest building 3.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BIANELLO GROUP
since 20142.236.890.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809B0341/00R015 | Wallonia | 120 m² | 1 · 120 m² | 3.6 m · 1 fl. |
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 | INGRID VON FRENCKELL QUAI MARCELLIS 7 7,
4020 LIEGE 2 |
09-10-2023 → present |
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Of 1,641 companies in sector 46170 we hold annual accounts for 671. 457 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
Founded21-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
46180Agents specialised in the wholesale of other particular products
46311Wholesale trade
46349Wholesale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.