The Comptoir delémontain SA cannot pay for the deconstruction of the Exhibition Hall

The situation has been so scorched for several years that the information is hardly surprising. “At the end of the deadline, the situation of our company will not allow the deconstruction of the Exhibition Hall, due to lack of liquidity. It seems important to us to find an arrangement with the town of Delémont,” writes the director of the SA du Comptoir delémontain Jacques-André Roth in its 2023 report recently received by shareholders.
Loss of 15,500 francs
The surface rights between the town of Delémont (owner of the land) and the SA du Comptoir delémontain expire on December 31, 2025. On this date, the dilapidated building, built in 1976, must be razed and the ground remediated. All at the expense of the SA. A cost of half a million francs. is advanced.
An amount of 160,000 fr. certainly appears on the liability side of the balance sheet of the 2023 accounts recently sent to shareholders as a provision for deconstruction. But as the SA treasury shows liquidity for 52,000 francs. and dust, it is largely insufficient to pay the entire deconstruction costs. Considering that the share capital of 840,000 fr. is punctured with a reported loss of 680,000 francs, we should not hope for anything in that regard.