Bankrupt · Opening faillissement (CBE)

Hubside.Store.Belgium

BE0767945931

Rechtspersoon Public limited company 1 establishment

Hubside.Store.Belgium is a commercial agency in Ottignies-Louvain-la-Neuve. Public Limited, started on 7 May 2021, 1 establishment.

Place de l'Université 16 box 16, 1348 Ottignies-Louvain-la-Neuve

Start date

7 May 2021

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 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 35 % of short-term debt in 2022; threshold 65 %.

  • Busy address KBO

    26 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Hubside.Store.Belgium from Ottignies-Louvain-la-Neuve, company number BE0767945931, closed financial year 2022 with a result of € -3 million after tax. For that financial year Hubside.Store.Belgium recorded a gross margin of € -972,465 and equity of € -3.6 million. Compared with financial year 2021, the result moved from € -642,888 to € -3 million. 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 November 8, 2023.

What it is worth Caution

€ -3.6 million

▼ € 3 million vs 2021

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

Loss Caution

€ -3 million

▼ 373 % more loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 404,628

▼ 1% vs 2021

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 € -3.7 million.

People and assets in 2022

Full-time equivalents

28.5

▲ 10.5 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.4 million

▲ 188% vs 2021

€ 48,700 per full-time equivalent. 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

€ 291,607

▼ 31% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

€ 143

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5.7 million

▲ 22% vs 2021

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

Taxes and wages

€ 265,182

▲ 36% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 43,207 € -972,465 ▼ € 1 million
Profit after taxes € -642,888 € -3,042,039 ▼ € 2.4 million
Equity € -542,888 € -3,584,927 ▼ € 3 million
Total debts € 5,937,747 € 10,292,600 ▲ 73%
Cash € 410,435 € 404,628 ▼ 1%
Retained profit € -642,888 € -3,684,927 ▼ € 3 million
Bank debt € 0 € 143
Balance sheet total € 5,394,859 € 6,707,673 ▲ 24%
Employees (FTE) 18 28.5 ▲ 10.5

Key figures of Hubside.Store.Belgium, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Hubside.Store.Belgium?

What happened at Hubside.Store.Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Hubside.Store.Belgium is active according to the CBE. Legal situation: Opening faillissement.

  • Indexia Developpment SAS stepped down as director. NBB
  • SFK GROUP SARL stepped down as director. NBB
  • New annual accounts for financial year 2022: loss of € 3 million. filed late Source: NBB ↗
  • New establishment in Ottignies-Louvain-la-Neuve. KBO
  • Start of the company according to the CBE. KBO
  • Indexia Developpment SAS became a director. NBB
  • SFK GROUP SARL became a director. NBB

In short

From € 642,888 loss in 2021 to € 3 million loss in 2022.

On average € 2,400 of value added per employee in 2021.

Management

Directors

According to the 2022 annual accounts

Indexia Developpment SAS

Director · represented by Antoine BALDINI

since 2021 · until 2026

SFK GROUP SARL

Director · represented by Kilani SADRI FEGAIER

since 2021 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Place de l'Université 16 box 16

1348 Ottignies-Louvain-la-Neuve

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

Details

Company number
0767.945.931
VAT number
BE 0767.945.931
Registered office
Place de l'Université 16 bus 16, 1348 Ottignies-Louvain-la-Neuve
Names & denominations
Hubside.Store.Belgium
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
7 May 2021
Peppol
Not registered
Activities · NACE

Handelsbemiddeling in de niet-gespecialiseerde groothandel

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Detailhandel in ICT-apparatuur

Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels

Frequently asked questions

What does Hubside.Store.Belgium do?
Hubside.Store.Belgium is a commercial agency in Ottignies-Louvain-la-Neuve. Public Limited, started on 7 May 2021, 1 establishment.
What is the address of Hubside.Store.Belgium?
The registered office of Hubside.Store.Belgium is located at Place de l'Université 16 box 16, 1348 Ottignies-Louvain-la-Neuve.
Is Hubside.Store.Belgium still active?
No. The CBE lists Hubside.Store.Belgium 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 Hubside.Store.Belgium registered on Peppol?
No, Hubside.Store.Belgium is currently not registered on the Peppol network.
What is the enterprise number of Hubside.Store.Belgium?
The enterprise number of Hubside.Store.Belgium is BE0767945931.
When was Hubside.Store.Belgium founded?
Hubside.Store.Belgium was founded on 7 May 2021.