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11 Finance

Open bankruptcy
Private limited companyfounded 2016Rue Campagne(AMA) 53, 4540 Amay, BelgiumKBO/BCE: BE 0651.718.056

A bankruptcy procedure is open for 11 Finance according to publications in the Belgian Official Gazette. The trustee is Luc Minguet.

Summary

The 2023 annual accounts show negative equity (-€19,679) and a net result of -€127,487.

11 FinanceOpen bankruptcy

Information for creditors

Open bankruptcy Source: Belgian Official Gazette

Declared bankrupt on 12 December 2024 · trustee Luc Minguet · a claim can no longer be filed

Creditor guide for this company

The procedure

Court
Enterprise Court of Liège, Liège division
Supervising judge
Frederic Deleuze
Official Gazette
18-12-2024search the document for 2024/149637

Deadlines

Appeal or third-party opposition until
passed on 2 January 2025That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 11 January 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 23 January 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 12 December 2025A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

  • Luc MinguetChemin Du Vieux Thier 5A, 4190 Ferrieresl.minguet@a-lm.be

Steps for a creditor

  1. The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol. The trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.

A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.

The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.

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Overview

Official details

Source: KBO
Status
Open bankruptcy registered since 07-04-2016
Activity
Retail sale of household furniture NACE 47551and 1 other
Establishment unit
2.252.205.782 4621 Fléron, since 07-04-2016
Financial year end
31 December
Peppol
Reachable since 14-09-2026

Board and ownership

Board
  • MOTKIN GiuseppeDirector

Financial position

No score
Annual accounts 2023
Gross margin
€87,722
▼ 70.6%
Turnover
≈ €420,000
estimated
Loss
€127,487
Equity
-€19,679
Total assets
€404,778
▼ 27.5%
Staff
≈ 3.6 FTE
estimated

Key points

  • Caution: From profit to loss in 2023after a profit of €101,796 in 2022 -€127,487 View

Recent changes

  1. · Bankruptcy Bankruptcy declaredEnterprise Court of Liège, Liège division · judgment of 12-12-2024
  2. · Gazette deed Capital & shares · Purpose · Amendment of the articles · Legal-form change · Resignations & appointments
  3. · Gazette deed Incorporation3 publications in the Belgian Official Gazette, the last on 21-06-2022
All 15 events

Key facts about 11 Finance

What is the company number of 11 Finance?
The company number of 11 Finance is 0651.718.056. The VAT number is the same number with BE in front: BE 0651.718.056.
Where was 11 Finance based?
The last known address of the registered office is Rue Campagne(AMA) 53, 4540 Amay.Company details
What does 11 Finance do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of 11 Finance?
The legal form of 11 Finance is Private limited company (BV).
When was 11 Finance founded?
11 Finance was founded on 07-04-2016.
Is 11 Finance still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did 11 Finance have?
11 Finance had an average of 1.8 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of 11 Finance?
The turnover in financial year 2023 is ≈ €420,000. This figure is estimated from the gross margin of €87,722 and 35 comparable companies (NACE 475). It probably lies between €240,000 and €720,000.
Is 11 Finance profitable?
In financial year 2023, 11 Finance made a loss of €127,487.
Where can I find the annual accounts of 11 Finance?
11 Finance filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

Keep this company with today's facts in a case file.