Bankrupt · Opening faillissement (CBE)

CITY STORE

BE0664648849

Rechtspersoon Private limited company 2 establishments

CITY STORE is a wholesaler in Dison. Private Limited, started on 14 October 2016, 2 establishments.

Rue des Ecoles 1, 4820 Dison

Behind the company: TAREK AZZOUZI.

Start date

14 October 2016

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 30 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

CITY STORE from Dison, company number BE0664648849, closed financial year 2023 with a result of € 996 after tax. For that financial year CITY STORE recorded a gross margin of € 55,952 and equity of € 3,314. Compared with financial year 2022, the result moved from € 17,643 to € 996. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2024.

What it is worth Growing

€ 3,314

▲ 43% vs 2022

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

Profit Healthy

€ 996

▼ 94% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 3,458

▲ € 2,854 vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € -2,886.

People and assets in 2023

Full-time equivalents estimate

≈ 1

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

Wage cost

€ 26,143

▲ 276% 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

€ 2,028

▼ 27% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 38 years to go

€ 107,995

▼ 4% vs 2022

€ 2,868 is repaid this year. At this pace the long-term loan is gone in ≈ 38 years.

Owed to suppliers

€ 47,408

▲ 202% vs 2022

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

Taxes and wages

€ 33,784

▲ € 30,613 vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 15,213 € 47,942 € 55,952 ▲ 17%
Profit after taxes € 3,642 € 17,643 € 996 ▼ 94%
Equity € -15,324 € 2,318 € 3,314 ▲ 43%
Total debts € 185,834 € 181,056 € 205,618 ▲ 14%
Cash € 9,314 € 604 € 3,458 ▲ € 2,854
Land & buildings € 109,439 € 106,139 € 102,840 ▼ 3%
Retained profit € -21,524 € -3,882 € -2,886 ▲ € 996
Bank debt € 108,142 € 112,676 € 107,995 ▼ 4%
Balance sheet total € 170,510 € 183,374 € 208,932 ▲ 14%

Key figures of CITY STORE, 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 CITY STORE?

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

CITY STORE is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: profit of € 996 (▼ 94% vs 2022). filed late Source: NBB ↗
  • New establishment in Spa. KBO
  • New establishment in Verviers. KBO
  • Start of the company according to the CBE. KBO

In short

From € 3,642 profit in 2021 to € 996 profit in 2023.

Paid € 3,161 in corporate taxes since 2021.

Best year ever: 2022, with € 17,643 profit.

Management

TAREK AZZOUZI
CITY STORE

Behind CITY STORE is TAREK AZZOUZI.

Directors

According to the 2023 annual accounts

TAREK AZZOUZI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Ecoles 1

4820 Dison

2.265.288.015

Rue Xhavée 49

4800 Verviers

Active since 1 November 2016

2.298.630.378

Rue Royale 15

4900 Spa

Active since 18 November 2019

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

Details

Company number
0664.648.849
VAT number
BE 0664.648.849
Registered office
Rue des Ecoles 1, 4820 Dison
Names & denominations
CITY STORE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 October 2016
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does CITY STORE do?
CITY STORE is a wholesaler in Dison. Private Limited, started on 14 October 2016, 2 establishments.
What is the address of CITY STORE?
The registered office of CITY STORE is located at Rue des Ecoles 1, 4820 Dison.
Is CITY STORE still active?
No. The CBE lists CITY STORE 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 CITY STORE registered on Peppol?
No, CITY STORE is currently not registered on the Peppol network.
What is the enterprise number of CITY STORE?
The enterprise number of CITY STORE is BE0664648849.
When was CITY STORE founded?
CITY STORE was founded on 14 October 2016.