Active BE 0424.463.387Private limited company (pre-2019)Open bankruptcy

Joiris Christian

Avenue de Jupille 4 ·4020 Liège, Belgium· 43 yrs active

Sector: Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte (46321)

Conclusion Checked

A bankruptcy procedure is open for Joiris Christian according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €233k and a net result of €210k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€233k
Net result	€210k
Staff (FTE)	14.4
Active	43 yrs

Financial profile 5 of 5 axes measured · computed by Checked

44 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 18

Profitability 100

Solvency 26

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

18 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-02-2021 with the NBB · fiscal year 2020 · volledig

Operating resultNet result

EBITDA

€60k

-16.9% 19-20

Net profit

€210k

+2.5% 19-20

Cash flow

€222k

-4.7% 19-20

Total assets

€2.86M

-0.9% 19-20

Equity

€233k

+2.2% 19-20

Working capital

€146k

+22.3% 19-20

Employees (FTE)

14

-2.0% 19-20

Income taxes

€11k

+52.9% 19-20

Show 9 other metrics

Debt

€2.63M

-1.2% 19-20

Debt ≤ 1y

€2.63M

+6.3% 19-20

Debt > 1y

€188k

- 19-20

Current ratio

1.06

+0.7% 19-20

Quick ratio

1.01

+4.0% 19-20

Solvency

8.1%

+3.2% 19-20

Debt / equity

0.82

- 19-20

ROE

90.4%

+0.2% 19-20

ROA

7.3%

+3.4% 19-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	volledig
Revenue	-
EBITDA	€60k
Net profit	€210k
Cash flow	€222k
Staff costs	-
Income taxes	€11k
Dividends	-
Total assets	€2.86M
Equity	€233k
Debt	€2.63M
of which ≤ 1y	€2.63M
of which > 1y	-
Working capital	€146k
Employees (FTE)	14.4

Ratios (computed)

	2020
Current ratio	1.06
Quick ratio	1.01
Working capital ratio	5.1%
Solvency	8.1%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	7.3%
ROE	90.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €86k · 3.0% Current assets €2.77M · 97.0%

Equity & liabilities

Equity €233k · 8.1% Debt €2.63M · 91.9%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.86M
Fixed assets	21/28	€86k
Tangible fixed assets	22/27	€5k
Financial fixed assets	28	€82k
Current assets	29/58	€2.77M
Stocks & contracts in progress	3	€117k
Amounts receivable within one year	40/41	€2.10M
Investments	50/53	€571
Cash & bank	54/58	€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.86M
Equity	10/15	€233k
Contributions / capital	10/11	€19k
Reserves	13	€3k
Accumulated profits (losses)	14	€210k
Amounts payable	17/49	€2.63M
Amounts payable within one year	42/48	€2.63M
Trade debts payable within one year	44	€2.02M
Income statement
Gross operating margin	9900	€767k
Operating result	9901	€48k
Financial income	75	€6k
Financial charges	65	€38k
Result before taxes	9903	€16k
Income taxes	67/77	€11k
Net result for the period	9904	€5k
Result to be appropriated	9905	€5k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	PIERRE HENRY BOULEVARD DE LA SAUVE- NIERE 117, 4000 LIEGE 1	14-12-2021 → present	Belgian State Gazette
Curator	MAXINE BAIVIER BOULEVARD DE LA SAUVENIERE 117, 4000 LIEGE 1-	14-12-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte(46321)
Legal form	Private limited company (pre-2019)(015)
Incorporation	05-08-1983
Status	Active
Postal code	4020
First BS signal	21-12-2021
Latest BS signal	21-12-2021

Establishment units 1 location

Avenue de Jupille 4, 4020 Liège

Diensten in verband met vervoer te land

since 19832.022.753.965

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62809B0177/00P005	Wallonia	1.1 ha	1 · 7,927 m²	18.0 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

21-12-2021

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · JOIRIS CHRISTIAN SPRL AVENUE DE JUPILLE 4, 4020 LIEGE 2 · event 14-12-2021

26-02-2021