Bankrupt · Opening faillissement (CBE)

Ets A. WAGELMANS

BE0418888956

Rechtspersoon Public limited company 1 establishment

Ets A. WAGELMANS is a shop in Visé. Public Limited, started on 24 November 1978, 1 establishment.

Avenue du Pont(VIS) 9, 4600 Visé

Start date

24 November 1978

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Ets A. WAGELMANS from Visé, company number BE0418888956, closed financial year 2023 with a result of € -110,948 after tax. For that financial year Ets A. WAGELMANS recorded a gross margin of € 97,699 and equity of € -67,818. Compared with financial year 2022, the result moved from € -23,258 to € -110,948. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2024.

What it is worth Caution

€ -67,818

▼ € 110,370 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -110,948

▼ 377 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 3,551

▼ 21% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -129,792.

People and assets in 2023

Wage cost

€ 167,930

▲ 13% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,759

▼ 42% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 184,013

▲ 16% vs 2022

€ 19,379 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 133,775

▲ 30% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 84,828

▲ 45% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 148,038 € 152,346 € 97,699 ▼ 36%
Profit after taxes € 14,472 € -23,258 € -110,948 ▼ € 87,690
Equity € 65,810 € 42,552 € -67,818 ▼ € 110,370
Total debts € 303,555 € 332,170 € 416,799 ▲ 25%
Cash € 3,968 € 4,513 € 3,551 ▼ 21%
Land & buildings € 30,781 € 21,657 € 12,976 ▼ 40%
Retained profit € 3,837 € -19,421 € -129,792 ▼ € 110,370
Bank debt € 165,141 € 159,142 € 184,013 ▲ 16%
Balance sheet total € 371,365 € 374,722 € 348,980 ▼ 7%
Employees (FTE) 4 4.2 -

Key figures of Ets A. WAGELMANS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Ets A. WAGELMANS?

What happened at Ets A. WAGELMANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Ets A. WAGELMANS is active according to the CBE. Legal situation: Opening faillissement.

  • Marc WAGELMANS stepped down as director. NBB
  • WAGELPLUS SRL stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 110,948. filed late Source: NBB ↗
  • Marc WAGELMANS became a director. NBB
  • WAGELPLUS SRL became a director. NBB
  • New establishment in Visé. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,472 profit in 2021 to € 110,948 loss in 2023.

Best year ever: 2021, with € 14,472 profit.

On average € 36,300 of value added per employee in 2022.

Management

Directors

According to the 2023 annual accounts

Marc WAGELMANS

Managing director

since 2017 · until 2029

WAGELPLUS SRL

Director · represented by Marc WAGELMANS

since 2017 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue du Pont(VIS) 9

4600 Visé

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0418.888.956
VAT number
BE 0418.888.956
Registered office
Avenue du Pont(VIS) 9, 4600 Visé
Names & denominations
Ets A. WAGELMANS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
24 November 1978
Peppol
Not registered
Activities · NACE

Detailhandel in kranten en andere tijdschriften

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Frequently asked questions

What does Ets A. WAGELMANS do?
Ets A. WAGELMANS is a shop in Visé. Public Limited, started on 24 November 1978, 1 establishment.
What is the address of Ets A. WAGELMANS?
The registered office of Ets A. WAGELMANS is located at Avenue du Pont(VIS) 9, 4600 Visé.
Is Ets A. WAGELMANS still active?
No. The CBE lists Ets A. WAGELMANS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Ets A. WAGELMANS registered on Peppol?
No, Ets A. WAGELMANS is currently not registered on the Peppol network.
What is the enterprise number of Ets A. WAGELMANS?
The enterprise number of Ets A. WAGELMANS is BE0418888956.
When was Ets A. WAGELMANS founded?
Ets A. WAGELMANS was founded on 24 November 1978.