37th Hole
Bankruptcy closed37th Hole was declared bankrupt on 26-03-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 18-11-2025, published in the Belgian State Gazette on 25-11-2025. The 2022 annual accounts show negative equity (€-13k) and a net result of €-73k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-07-2023, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2022
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-13k
Total assets
€133k
Net result
€-73k
Working capital
€-53k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €133k
Fixed assets
€41k
Current assets
€92k
Key figures and ratios
EBITDA
€-40k
Cash flow
€-72k
Solvency
-9.5%
Current ratio
0.63
Quick ratio
0.35
Debt / equity
-11.47
ROA
-54.8%
Interest coverage
-1.23
Debt
€145k
Debt ≤ 1 year
€145k
Income taxes
€352
Staff costs
€423k
Filed annual accounts
As filed with the NBB · 2022
Balance sheet
Code2022
Assets
Total assets20/58€133k
Fixed assets21/28€41k
Tangible fixed assets22/27€11k
Plant, machinery and equipment23€11k
Financial fixed assets28€30k
Current assets29/58€92k
Stocks and contracts in progress3€42k
Stocks30/36€42k
Amounts receivable within one year40/41€5k
Trade receivables40€1k
Other amounts receivable41€4k
Cash at bank and in hand54/58€26k
Deferred charges and accrued income490/1€19k
Equity and liabilities
Total equity and liabilities10/49€133k
Equity10/15€-13k
Contributions10/11€60k
Profit (loss) carried forward14€-73k
Amounts payable17/49€145k
Amounts payable within one year42/48€145k
Trade debts44€89k
Suppliers440/4€89k
Advances received on contracts in progress46€2k
Taxes, remuneration and social security45€16k
Taxes450/3€371
Remuneration and social security454/9€16k
Other amounts payable47/48€38k
Income statement
Code2022
Remuneration, social security and pensions62€423k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€944
Other operating charges640/8€983
Gross operating margin9900€385k
Operating profit (loss)9901€-41k
Financial income75/76B€860
Recurring financial income75€860
Financial charges65/66B€32k
Recurring financial charges65€32k
Profit (loss) for the period before taxes9903€-72k
Income taxes67/77€352
Profit (loss) for the period9904€-73k
Profit (loss) for the period to be appropriated9905€-73k
Appropriation of the result
Profit (loss) to be appropriated9906€-73k
Social balance
Average headcount (FTE)908710.7
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · 37TH HOLE BV PASTOOR WOUTERSSTRAAT 14, 1850 GRIMBERGEN · event 18-11-2025
2024
02-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · 37TH HOLE BV PASTOOR WOUTERSSTRAAT 14, 1850 GRIMBERGEN · event 26-03-2024
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
SignalNBB filing
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
8,921 m²
Building footprint
2,868 m²
Volume, LiDAR
18,302 m³
2 parcels, Flanders · tallest building 19.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
The 37th Hole
since 20222.326.459.975
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041A0034/00S000 | Flanders | 7,546 m² | 1 · 1,496 m² | 19.4 m |
| 23644H0058/00L000 | Flanders | 1,375 m² | 1 · 1,372 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
26-03-2024 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.