Ferronnerie Demoulin
Open bankruptcyA bankruptcy procedure is open for Ferronnerie Demoulin according to publications in the Belgian State Gazette; curator: DANIEL ZAMARIOLA. The 2021 annual accounts show equity of €28k and a net result of €-26k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 22-06-2022, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
39 d early
2020
179 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€28k▼ 49.2%
2020 · €55k
2018: €88k
2019: €96k
2020: €55k
2018 → 2021
Total assets
€590k▼ 8.0%
2020 · €642k
2018: €830k
2019: €734k
2020: €642k
2018 → 2021
Net result
€-26k▲ 31.0%
2020 · €-37k
2018: €-17k
2019: €12k
2020: €-37k
2018 → 2021
Working capital
€-95k▼ 52.6%
2020 · €-62k
2018: €-108k
2019: €-99k
2020: €-62k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€88k-€96k▲ 9.1%€55k▼ 42.6%€28k▼ 49.2%
Operating result€1k-€36k▲ 2,411%€-19k€-21k▼ 11.9%
Net result€-17k-€12k€-37k€-26k▲ 31.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2021 against €19k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €590k
Fixed assets
€515k▼ 7.5%
Current assets
€76k▼ 11.4%
Equity and liabilities €590k
Equity
€28k▼ 49.2%
Debt
€563k▼ 4.2%
The debt ratio rises from 91.4% to 95.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▼
2020 · €25k
Cash flow
€12k▲
2020 · €7k
Solvency
4.7%▼
2020 · 8.6%
Current ratio
0.44▼
2020 · 0.58
Quick ratio
0.07▼
2020 · 0.16
Debt / equity
20.10▲
2020 · 7.90
ROE
-91.8%▼
2020 · -67.5%
ROA
-4.3%▲
2020 · -5.8%
Interest coverage
2.97
Debt
€563k▼
2020 · €587k
Debt ≤ 1 year
€171k▲
2020 · €148k
Debt > 1 year
€388k▼
2020 · €435k
Income taxes
€245▲
2020 · €244
Staff costs
€479
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€642k€590k▼
Fixed assets21/28€556k€515k▼
Tangible fixed assets22/27€555k€513k▼
Land and buildings22-€461k
Plant, machinery and equipment23-€48k
Furniture and vehicles24-€5k
Financial fixed assets28€1k€1k=
Current assets29/58€86k€76k▼
Stocks and contracts in progress3€62k€63k▲
Stocks30/36-€63k
Amounts receivable within one year40/41€18k€12k▼
Trade receivables40-€5k
Other amounts receivable41-€7k
Cash at bank and in hand54/58€2k€5▼
Deferred charges and accrued income490/1-€270
Equity and liabilities
Total equity and liabilities10/49€642k€590k▼
Equity10/15€55k€28k▼
Contributions10/11-€57k
Reserves13€6k€6k=
Non-distributable reserves130/1-€6k
Reserves not available under the articles1311-€6k
Profit (loss) carried forward14€-48k€-74k▼
Investment grants15-€39k
Amounts payable17/49€587k€563k▼
Amounts payable after more than one year17€435k€388k▼
Financial debts170/4-€388k
Amounts payable within one year42/48€148k€171k▲
Current portion of amounts payable after more than one year42-€79k
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€40k€63k▲
Suppliers440/4-€63k
Taxes, remuneration and social security45-€15k
Taxes450/3-€10k
Remuneration and social security454/9-€5k
Other amounts payable47/48-€6k
Accrued charges and deferred income492/3-€3k
Income statement
Code20202021
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62-€479
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€38k▼
Other operating charges640/8-€4k
Non-recurring operating charges66A-€5k
Gross operating margin9900€53k€27k▼
Operating profit (loss)9901€-19k€-21k▼
Financial income75/76B-€1k
Recurring financial income75€4k€1k▼
Financial charges65/66B-€6k
Recurring financial charges65€22k€6k▼
Profit (loss) for the period before taxes9903€-37k€-25k▲
Income taxes67/77€244€245▲
Profit (loss) for the period9904€-37k€-26k▲
Profit (loss) for the period to be appropriated9905€-37k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-74k
Profit (loss) brought forward from the previous period14P-€-48k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
09-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · FERRONNERIE DEMOULIN SRL MONT DU CARILLON 43, 6927 TELLIN · event 29-03-2024
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 179 days late
2020
31-12
Financial
Weakest financial yearnet €-37k ▼418%
Net result drops to €-37k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
22-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 22 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2010
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.
Ground area
3,598 m²
Building footprint
823 m²
Volume, LiDAR
7,310 m³
Parcel 84068A1213/00E000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FERRONNERIE DEMOULIN
since 20102.185.639.434
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84068A1213/00E000 | Wallonia | 3,598 m² | 1 · 823 m² | 10.6 m · 3 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 | DANIEL ZAMARIOLA AL GLORIETTE 20,
6900 11 LIGNIERES |
29-03-2024 → present |
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Of 984 companies in sector 25401 we hold annual accounts for 407. 258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-03-2010
Fiscal year end31-12
Activities, NACEBEL
25401Forging of metal
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.