Bankrupt · Opening faillissement (CBE)

BU MANAGEMENT

BE0537406526

Rechtspersoon Private limited company 1 establishment

BU MANAGEMENT is a hospitality business in Brussel. Private Limited, started on 9 August 2013, 1 establishment.

Louizalaan 517, 1050 Brussel

Behind the company: Justin APPART.

Start date

9 August 2013

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 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 48 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

BU MANAGEMENT from Brussel, company number BE0537406526, closed financial year 2022 with a result of € -18,238 after tax. For that financial year BU MANAGEMENT recorded a gross margin of € 191,010 and equity of € -105,807. 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 December 30, 2022.

What it is worth Caution

€ -105,807

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

Loss Caution

€ -18,238

Profit after tax over the fiscal year.

Cash in the bank

€ 8,899

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 € -112,007.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 181,312

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

€ 9,536

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 5 years to go

€ 108,062

€ 17,047 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 114,372

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

Taxes and wages

€ 34,664

Taxes, VAT and social contributions still to pay.

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What happened to BU MANAGEMENT?

What happened at BU MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

BU MANAGEMENT is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 18,238. Source: NBB ↗
  • Jean Luc APPART stepped down as director. NBB
  • Justin APPART became a director. NBB
  • Jean Luc APPART became a director. NBB
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

Management

Justin APPART
BU MANAGEMENT

Behind BU MANAGEMENT is Justin APPART.

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Directors

According to the 2022 annual accounts

Justin APPART

Administrator-manager

since 2019

Jean Luc APPART

Administrator-manager

since 2019 · until 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 517

1050 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0537.406.526
VAT number
BE 0537.406.526
Registered office
Louizalaan 517, 1050 Brussel
Names & denominations
BU MANAGEMENT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
9 August 2013
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Overige zakelijke dienstverlening, neg

Frequently asked questions

What does BU MANAGEMENT do?
BU MANAGEMENT is a hospitality business in Brussel. Private Limited, started on 9 August 2013, 1 establishment.
What is the address of BU MANAGEMENT?
The registered office of BU MANAGEMENT is located at Louizalaan 517, 1050 Brussel.
Is BU MANAGEMENT still active?
No. The CBE lists BU MANAGEMENT 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 BU MANAGEMENT registered on Peppol?
No, BU MANAGEMENT is currently not registered on the Peppol network.
What is the enterprise number of BU MANAGEMENT?
The enterprise number of BU MANAGEMENT is BE0537406526.
When was BU MANAGEMENT founded?
BU MANAGEMENT was founded on 9 August 2013.